The Japanese giant Softbank has recorded its first profit 4 years ago

TOKIO (AP) – The Japanese company Softbank Group registered its first profit in four years on Tuesday, as it made gains from its investment portfolio.

Softbank warned of the great uncertainty in the future because of President Donald Trump’s introductory policies, Tensions between the United States and China, and other global conflicts.

Tokyo -based Softbank for the fiscal year until March 1.15 trillion yen ($ 7.8 billion), which is the opposite of the 227.6 billion yen losses that rose in the previous year.

Annual sales increased by 7 % to 7.2 trillion yen ($ 49 billion).

Softbank has a wide -ranging partnership with Openai, an artificial intelligence research organization behind Chatgpt. She still focuses on enhancing technology related to artificial intelligence.

The company said it will continue to invest strongly in new artificial intelligence companies such as Glean and Helion, both of them are American companies.

Softbank recently decided to get the total shares of Ampre, a semiconductor design company and the American organization of the American Organization, for $ 6.5 billion. It expects to complete the transaction in the second half of this year.

Its investments include risks in the Chinese e-commerce giant Alibaba and T-Mobile, a European mobile communication group. Both have gained value during the recent period.

In summary, strong results and royalties in ARM, a British design company and a software design company are a major investor.

The company has also recorded gains from SoftBank.

Softbank is investing in many companies, including Bytedance, and the multinational Chinese behind Tiktok, and PayPay, a famous Japanese mobile payment application.

Softbank said it plans to subscribe to PayPay. PayPay was launched in 2018, and more than 68 million people are now used, according to Softbank. The population of Japan is about 125 million.

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Yuri Kagiama on topics: https://www.threads.com/@yurikageyama