SoftBank posts ¥1.12 trillion Q2 loss as U.S. AI data‑center power‑equipment write‑down hits earnings
+2 new sources since this summary was written
SoftBank Group reported a fiscal second‑quarter net loss of ¥1,115.3 billion ($7.0 billion) versus a ¥2,502.2 billion profit a year earlier. The loss was driven by a ¥597.2 billion ($3.73 billion) write‑off on power‑generation equipment for U.S. AI data‑center projects and a ¥321.9 billion derivative loss on Intel‑backed prepaid forward contracts. Revenue rose 15.6% to ¥2,215.4 billion, and the company raised a record $56.5 billion of financing in the quarter.
Why it matters
The company said the $56.5 billion financing strengthens its balance sheet and allowed it to fully repay a $40 billion bridge loan. However, the ¥1.12 trillion loss reduces earnings per share and may pressure future dividend policy.
Key facts
- 1Net loss attributable to owners was ¥1,115.3 billion ($7.0 billion) in Q2, versus a ¥2,502.2 billion profit a year earlier. mlq.ai
- 2The largest loss item was a ¥597.2 billion ($3.73 billion) write‑off on power‑equipment for U.S. AI data‑center projects. mlq.ai
- 3SoftBank recorded a ¥321.9 billion derivative loss on Intel‑backed prepaid forward contracts. mlq.ai
- 4Revenue increased 15.6% to ¥2,215.4 billion, beating LSEG estimates of ¥2.02 trillion. mlq.ai
- 5SoftBank achieved record quarterly financing of $56.5 billion, including $39.9 billion from debt markets and $16.6 billion from asset monetisation. investing.com
- 6Shares rose 13.88% to ¥3,872 after the earnings release. investing.com
Summary written by AlphAI AI Desk from 20 of 21 sources. Not investment advice. Figures are as stated by the linked sources.