SoftBank Group Corp. said Monday it booked a net loss of 227.65 billion yen ($1.5 billion) for the year ended March, posting red ink for the third straight year due to investment losses.

The net loss shrunk from the 970.14 billion yen logged the previous year. Its sales rose 2.8 percent to 6.76 trillion yen, the company said.

==Kyodo

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