SoftBank quarterly profit tops expectations on higher Vision Fund gains
The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus a 174.28 billion yen loss in the same period last year.
This was supported by its technology investment arm, Vision Fund, which recorded a profit of 451.39 billion yen, compared to a loss of 204.3 billion yen in the same period last year.
The technology investment firm increased its stake in American chipmaker Nvidia to more than $3 billion by the end of March and purchased shares in Taiwanese company TSMC worth $330 million and another $170 million in Oracle.
Financial results for the fiscal quarter extending from April to June
Item
Q2 2025
Q2 2024
Expectations
Annual change
Net Sales
(trn yen)
1.820
1.701
--
7%
Pre-tax income
(bln yen)
689.9
225.69
--
205.7%
Net Profit
(bln yen)
421.8
(174.3)
127.6
--
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