Shulou(Shulou.com)11/24 Report--

Beijing time November 8 news, for a long time, Softbank Corp. Group founder son Zhengyi (Masayoshi Son) has been hosting the company's quarterly earnings conference. At the ceremony, son often shows funny PPT, including a goose laying billions of dollars worth of golden eggs and a flock of unicorns flying up the growth chart of artificial intelligence.

But all this will be a thing of the past. According to the agenda released by Softbank Corp., son plans to withdraw from the regular release event when Softbank Corp. releases his financial results on Friday. He will only make opening remarks at the beginning of the earnings announcement and then leave the rest to the chief financial officer. People familiar with the matter said that compared with the previous earnings conference hosted by Masayoshi son, Friday's press conference will be a lot of low-key, and Masayoshi son does not plan to answer questions from the media.

This low-key style is likely to continue, according to people familiar with the matter. Softbank Corp., the world's most active start-up investor in recent years, is in difficult times, with valuations in the technology sector where he focuses on plummeting valuations. Softbank Corp. posted a loss of more than $35 billion in the first half of this year, the first consecutive quarterly loss in 17 years. When Softbank Corp. reports results on Friday, the company is expected to continue to lose money, but the amount will be narrowed.

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