Hard cash at SoftBank: Investors await CEO Son’s cashpile clues in Q2 report

TOKYO: SoftBank Group Corp shareholders have an $80 billion question for Chief Executive Masayoshi Son when he presents the Japanese tech investment giant’s earnings on Monday: Just what will he do with that cash, due in from assets sold since March?

They already know not to look for a key profit measure in SoftBank’s July-September report. SoftBank has dropped operating profit as a core measure after its increasing focus on tech investment left the yardstick buffeted by paper revaluations.

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