SoftBank Profit Seen Dropping 98% as Investors Watch AI Bets
SoftBank Group’s second-quarter net profit is forecast to fall 98% from a year earlier to 53.5 billion yen ($337.6 million), according to a Visible Alpha poll of analysts, as investors look for signs of recovery in its tech funds and updates on its OpenAI investments.
By Money Talk·November 9, 2026·2 min read·1,226 reads
The Japanese company is scheduled to report results on Tuesday for the three months ended September. A year earlier, net profit was 2.502 trillion yen, boosted by billions of dollars in gains from its investment in OpenAI.
SoftBank shares are down 23% year to date, after gaining 92% in 2025, as enthusiasm for artificial-intelligence-related stocks has waned.
Investors will also assess the Vision Funds business, whose first-quarter profit fell to 5.43 billion yen from 451.39 billion yen a year earlier. Valuation losses at Symbotic, an AI-powered robotic warehouse automation company, and other investments weighed on the result.
SoftBank said in October it had invested a further $10 billion in OpenAI under a previously announced plan, bringing its total investment in the ChatGPT maker to $64.6 billion and its ownership interest to about 13%. Investors are expected to watch for updates on those investments and related initiatives. They may also look for management comment on potential deals: China has blocked SoftBank’s planned $5.4 billion acquisition of ABB’s robotics unit, announced in October 2025, while the company is in early-stage talks to buy Allied Universal from its private-equity backers, The Wall Street Journal has reported.
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