SoftBank Group reported a net loss of roughly ¥1.1 trillion ($7 billion) for July–September on Nov. 10, 2026, hit by a charge tied to revised U.S. AI data-center plans and sharply higher financing costs, according to Reuters. Source
SoftBank said a subsidiary’s equipment investments for U.S. AI data-center projects led to a $3.7 billion loss after those plans were revised, Reuters reported. Source
Bloomberg, in reporting published by The Japan Times, described a writedown involving nonrefundable advance payments to secure equipment and manufacturing capacity for SoftBank’s Ohio data-center campus. Source
Financing costs more than doubled to ¥462 billion in the quarter, Reuters reported. Source
A year earlier, SoftBank posted a ¥2.5 trillion profit for the same quarter, when an increase in the value of its OpenAI stake produced a large investment gain, according to Reuters. Bloomberg reported that analysts had expected an average profit of ¥129 billion this time. Instead, they got a trillion-yen loss. Source Source
Falling share prices at Arm Holdings, Intel and Coupang dragged on the bottom line, Bloomberg reported. The Vision Fund segment, which oversees stakes in hundreds of tech startups, recorded a loss of ¥81.6 billion. Source
SoftBank has spent $64.6 billion on its 13% OpenAI stake, according to Reuters, and its investments span AI models, data-center infrastructure, semiconductors and robotics. How much will that AI buildout ultimately pay back? Source
The Reuters and Bloomberg reports don’t spell out exactly which data-center plans changed or why. Source Source
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