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Japan’s SoftBank sinks to losses as investments sour

A pedestrian carries a phone past a SoftBank logo in Tokyo, Thursday, May 12, 2022. Japanese technology company SoftBank Group reported Thursday it has dropped into losses as the value of its investments declined. (AP Photo/Shuji Kajiyama) Passersby move past a SoftBank shop in Tokyo, Thursday, May 12, 2022. Japanese technology company SoftBank Group reported Thursday it has dropped into losses as the value of its investments declined. (AP Photo/Shuji Kajiyama)