The founder of SoftBank Group got shocked, to know the full news.


Japanese investment firm SoftBank Group has major investments in Indian companies. SoftBank has invested over $10 billion in Indian new-age companies. The maximum investment is in Paytm and Policybazaar. SoftBank holds around a 17.4 percent stake in Paytm and 12.4 percent in PolicyBazaar.



Meanwhile, SoftBank Group has been incurring heavy losses for the past few months. The founder of SoftBank Group Corp is Masayoshi Son, whose wealth is steadily declining. Masayoshi Son's net worth has come down to $13.7 billion due to the continuous fall in the company's stock.



According to the Bloomberg Billionaires Index, Masayoshi Son's wealth has declined by $25 billion in the last year. SoftBank Group also has investments in Chinese tech companies, and the Chinese tech sector is going through a bad phase. Apart from this, SoftBank Group is suffering due to issues like the war in Russia-Ukraine and inflation.



Shares have sunk up to 60 percent:-

SoftBank Group's stock has lost about 60 percent in the last year. In such a situation, the pressure on the company is increasing. According to Bloomberg data, the company is not showing good signs. The crisis could deepen, said Tomoyaki Kawasaki, a senior analyst at IY Cosmo Security Company. If they are asked to increase the collateral, it will mean that investors will become more cautious about the financial risk that the company is facing.



Masayoshi Son, 64, himself believes that this is a very bad period for him. Last month he said that SoftBank is "standing in the middle of a winter storm". He had indicated the total value of the company's assets to decline by 1.55 trillion yen ($13 billion) to 19.3 trillion yen for the quarter ended December, but the situation has worsened.



company business:-

SoftBank Group Corporation is one of Japan's largest telecommunications and Internet companies, providing services in the areas of broadband, fixed-line telecommunications, e-commerce, finance, media, and marketing. The company's President and CEO Masayoshi Son is one of the richest men in Japan. The group invests primarily in companies operating in the technology, energy, and financial sectors.

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