SoftBank Group Japan reports net profit of 248.6 billion yen in Q4 2025, turning losses into gains
SoftBank Group announced on Thursday that it achieved a net profit of 248.6 billion yen (approximately $1.62 billion) for the October–December quarter of 2025.
This represents a significant turnaround from a net loss of 369 billion yen in the same period last year.
This marks the fourth consecutive profitable quarter for SoftBank, mainly due to the continued rise in the valuation of its investment in ChatGPT developer OpenAI. Throughout 2025, SoftBank continued to increase its stake in OpenAI.
Currently, SoftBank’s investment in OpenAI has exceeded $30 billion, holding an approximately 11% stake—an “all-in” bet, as it expects OpenAI to emerge as the ultimate winner in the large language model race.
To raise investment funds, this technology investment group has financed itself by selling assets, issuing bonds, and pledging shares in other holdings such as chip design company Arm to secure loans.
Previously, SoftBank sold Nvidia shares worth $5.8 billion in the last quarter and sold part of its T-Mobile stake for $9.17 billion. This has raised concerns among investors about whether SoftBank can continue to provide financial support to the yet-to-be-profitable OpenAI.
In addition, although OpenAI was once regarded as the absolute leader in the large language model field, it is now facing fierce competition from rivals such as Alphabet. Against this backdrop, the costs of AI model training and operations have continued to rise recently, and the company is currently holding related discussions.
Editor: Chen Yujia
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Intel CEO: CPU only meets 50% of demand, 14A to start production in Q1 next year, new architecture may reduce inference power consumption to 1/15 of GPU
Intel CEO Pat Gelsinger stated that the era of AI agents has triggered an explosion in CPU demand, and Intel is currently able to meet only about 50% of its customers' supply needs, with several tech giant CEOs calling to secure supply. In terms of manufacturing process, the 18A node is now in full mass production, while the 14A node will begin production in the first quarter of next year. By opening up factory data, yield rates are improving by about 7% annually. Additionally, he is advancing neuromorphic computing to address energy consumption bottlenecks and expects quantum computing to have a substantial industrial impact within 3 to 5 years.
Reportedly, the US urges Japan to "increase" defense spending; Tokyo considers a 3.5% GDP target, bond market and yen come under pressure first
Under pressure from the United States, Japan is considering setting a new medium-term defense spending target, planning to increase its defense expenditure to 3.5% of GDP to align with NATO and other U.S. allies.

The logic of "cheap yen financing" is changing! Funds are reallocating "carry trades" as Swiss franc and Swedish krona compete for the funding currency position
The appeal of yen financing has diminished, and carry traders have recently turned their attention to the franc and the krona. With the yen’s recent surge making it a less reliable investment option, currencies such as the Swedish krona and Swiss franc are becoming primary funding choices for carry trades.

