SoftBank Posts 9.4 Trillion Won Loss from July to September, First Loss in Two Years
Japan's SoftBank Group posted a loss of 1.1153 trillion yen (approximately 9.4 trillion won) from July to September this year. The loss was attributed to a review of plans to procure power generation equipment for AI data centers under development in the United States.
According to the Nikkei newspaper on November 10, this was SoftBank Group's first quarterly loss in about two years, since the third quarter (October-December) of fiscal 2024. Its cumulative loss for the first half of fiscal 2026 (April-September) totaled 768 billion yen (approximately 6.5 trillion won).
The Nikkei reported that SoftBank incurred losses on advance payments made for purchases and other costs as it reviewed its procurement plans for power generation equipment to be installed at AI data centers in the United States.
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The AI computing business segment, which includes three semiconductor subsidiaries such as Arm, posted a loss of 322 billion yen (approximately 2.7 trillion won) in the first half. Its loss widened by 275 billion yen (approximately 2.3 trillion won) compared with the same period last year.
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