SoftBank Group has been hit hard by the global stock slump. The company reported a net loss of more than 912.5 billion yen, or nearly 7 billion dollars, for the April to December period.

SoftBank Group says that its Vision Funds posted an investment loss of around 38 billion dollars. The funds invest in research and development for artificial intelligence.

The company also incurred a loss of about 5.5 billion dollars, from the yen's depreciation.

Meanwhile, SoftBank Group booked a gain of about 40 billion dollars. The profits came mainly from the sales of some of its shares in China's Alibaba Group.

SoftBank Group has been downsizing its investment in the fund business amid huge losses. The company has kept the total amount of new and additional investments at less than 10 percent compared to the same period a year ago.