Masayoshi Son, chairman and chief govt officer of SoftBank Group Corp., speaks on the SoftBank World occasion in Tokyo, Japan, on Wednesday, July 16, 2025.
Kiyoshi Ota | Bloomberg | Getty Photos
SoftBank Group on Thursday reported fiscal first-quarter revenue that topped expectations, pushed by positive factors in its Imaginative and prescient Fund tech funding arm.
The Japanese large reported 421.8 billion yen ($2.87 billion) within the quarter ended June, versus 127.6 billion yen anticipated, in accordance with LSEG consensus estimates. It’s the second straight quarter of revenue for SoftBank. The corporate reported a 174.28 billion yen loss in the identical interval final 12 months.
Within the fiscal first quarter, SoftBank mentioned the worth of its Imaginative and prescient Funds rose $4.8 billion. Revenue for the Imaginative and prescient Funds phase, which takes into consideration different elements like bills, hit 451.4 billion yen within the quarter, versus a loss in the identical interval final 12 months.
SoftBank has been on spending spree associated to AI. The Japanese large is main a $40 billion funding spherical into ChatGPT developer OpenAI and it’s at the moment ready for its $6.5 proposed acquisition of AI chip agency Ampere Computing to shut.
The Imaginative and prescient Fund efficiency shall be welcomed by buyers hoping to see these massive AI bets begin to repay.
SoftBank mentioned that the rise of the worth of the Imaginative and prescient Fund was helped by positive factors at public corporations similar to ride-hailing agency Seize, in addition to Indian meals supply agency Swiggy. The efficiency was additionally aided by non-public investments in a few of corporations in India by which the fund has a place.
In the meantime, SoftBank is a key firm within the huge $500 billion Stargate venture within the U.S. that goals to construct knowledge facilities and AI infrastructure within the nation. Traders are ready for particulars on how SoftBank plans to fund this spending.
In Could, SoftBank posted its first annual revenue in 4 years for the fiscal 12 months ended March, helped by positive factors in SoftBank’s older investments in Alibaba, T-Cellular and Deutsche Telekom.
Within the June quarter, SoftBank reported a 256.55 billion yen funding loss for its different holdings, which weighed on the group’s total revenue. The Japanese agency mentioned it posted an funding loss on the sale of shares of T-Cellular and Alibaba, which was partially offset by a achieve on shares of semiconductor large Nvidia.
SoftBank mentioned on Thursday that it offered 13 million shares of T-Cellular in August for $3 billion.
In the meantime Arm, the chip designer that’s majority-owned by SoftBank, contributed a 8.66 billion yen loss to the Japanese firm. SoftBank attributed this to extend analysis and growth bills, which led to investments rising quicker than revenues.
