Softbank, the beleaguered Japanese internet venture investor and incubator, is seeking a listing for its venture capital arm, Softbank Investment Corp, on the Tokyo Stock Exchange, in mid-February.

Softbank is going to sell its 50,000 shares in the venture capital firm through its subsidiary Softbank Finance, which has an 83% stake in the business. The sale should generate ¥12.55bn ($94.6m) gross, just two months after the venture capital firm's profits fell to just ¥276m for October to December last year, down 96% on the same period last year.