Softbank (9984 JT) H1 2026 (JPY): Net -768bln (prev. 2.9tln), Revenue 4.24tln (prev. 3.7tln)
ORIGINAL · NewsquawkSoftbank (9984 JT) H1 2026 (JPY): Net -768bln (prev. 2.9tln), Revenue 4.24tln (prev. 3.7tln)Read originalHide original
Q2 net loss JPY 1.12tln (exp. profit of 129bln) H1 results include the company's first quarterly net loss in almost two years. Losses were driven by declining valuations of key technology holdings, including Arm (ARM), Intel (INTC) and Coupang (CPNG), amid concerns over AI investment spending and demand Vision Fund recorded a loss of JPY 81.6bln SoftBank held a 13% stake in OpenAI at the beginning of October, increasing its exposure to developments in the AI sector
SoftBank reported lower H1 net results and higher revenue versus the stated prior figures, a substantial Q2 loss, valuation-related losses, a Vision Fund loss, and a 13% OpenAI stake at October's start.
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Q2 net loss JPY 1.12tln (exp. profit of 129bln) H1 results include the company's first quarterly net loss in almost two years. Losses were driven by declining valuations of key technology holdings, including Arm (ARM), Intel (INTC) and Coupang (CPNG), amid concerns over AI investment spending and demand Vision Fund recorded a loss of JPY 81.6bln SoftBank held a 13% stake in OpenAI at the beginning of October, increasing its exposure to developments in the AI sector
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