
SoftBank Group Reports ¥2.5 Trillion Q2 Net Profit, Fueled by OpenAI Gains
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Japan’s SoftBank Group revealed a robust second‑quarter net profit of ¥2.5 trillion (≈ US $16.6 billion), more than doubling year‑on‑year and far exceeding analysts’ expectations of around ¥207 billion. The surge was largely driven by valuation gains in its stake in OpenAI, with the firm’s Vision Fund unit posting investment gains of ¥3.5 trillion, of which ¥2.16 trillion derived from OpenAI holdings. The results come amid a tech‑stock rally and swelling investor bets on generative‑AI infrastructure, although SoftBank's founder and CEO Masayoshi Son and other market watchers caution about a possible AI investment bubble.
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