SoftBank quarterly profit falls 18% despite big Intel gains

SoftBankCheaper Chinese models add to concerns over massive OpenAI investmentInvestors have been scrutinizing how SoftBank Group will finance its expanding AI ambitions. © ReutersTSUBASA SURUGAAugust 6, 2026 16:31 JSTTOKYO -- SoftBank Group reported an 18% fall in quarterly profits on Thursday, as higher costs and deri

Masayoshi Son’s group posts 18% fall in net profit for three months to June

The Tokyo-based technology investor's net income fell 18% to ¥347.3 billion in its fiscal first quarter, compared with a market estimate of about ¥166 billion.

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. REUTERS/Issei Kato 06 Aug 2026 02:37PM TOKYO, Aug 6 : Japanese technology investor SoftBank Group booked an 18 per cent fall in first-quarter net income, it said on Thursday.Net income for the April-June quarter was 347.3 billion yen