The net loss decreased from
Sales rose 2.6 percent to
The investment giant continues to grapple with substantial losses incurred over the past two years. During this period, it saw a significant decline in the value of its investments in tech start-ups, coinciding with the rise in interest rates globally.
However, a recent upward trend in the stock markets is providing a respite, enabling the company to enhance its financial position and prepare for future investments, with a particular emphasis on firms related to artificial intelligence.
It posted a loss of
Among the tech companies it invests in, the value of ByteDance, the operator of short-video app TikTok, saw a notable increase,
==Kyodo
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