SoftBank posts ¥768 billion half-year loss, including ¥597 billion charge on US AI data center power equipment

Nov 10, 2026
SoftBank's six-month loss includes a $3.73 billion hit from revising power equipment purchases for US AI data centers; its OpenAI stake was valued at $99.6 billion.

SoftBank Group Corp. reported a net loss attributable to owners of ¥768.0 billion for the six months to 30 September 2026, against a profit a year earlier, according to its financial report published on 10 November.

The result includes a ¥597.2 billion ($3.73 billion) loss after Silver Bands 7, a subsidiary backed by SoftBank and its Vision Fund 2, revised its procurement of power generation equipment for AI data center projects in the U.S., including the PORTS-Pike Technology Campus in Ohio. Of that, ¥457.0 billion relates to non-refundable advance payments for manufacturing capacity and equipment. SB7 had paid ¥1.5 trillion ($9.48 billion) for such procurement so far.

Investment gains fell to ¥1,725.8 billion from ¥3,926.7 billion, led by a ¥1,062.8 billion gain on Intel shares. SoftBank completed its $30 billion follow-on investment in OpenAI in October, bringing its cumulative investment to $64.6 billion and its stake to about 13%. At the end of September its OpenAI holding had a fair value of $99.6 billion, with the valuation unchanged from the previous fiscal year-end.

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