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SoftBank Reports Strong Nine-Month Growth but Q3 Losses Persist

SoftBank Group Corp. displays a strong nine-month net income of 636.15 billion yen, contrasting last year's loss. However, significant losses in Q3 raise concerns.

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AI Rating:   5

Net Income: SoftBank reported net income to owners of the parent of 636.15 billion yen for the nine-month period ending December 31, 2024. This marks a significant improvement from a loss of 458.72 billion yen in the previous year, indicating a positive trend in profitability.

Earnings Per Share (EPS): Profit per share also improved to 425.30 yen, up from a loss per share of 328.78 yen last year, suggesting a rejuvenation in shareholder value in the nine-month period.

Net Sales Growth: For the nine-month period, net sales reached 5.30 trillion yen, reflecting a 6.0% increase from last year, showcasing healthy revenue growth.

Q3 Challenges: In contrast, SoftBank faced challenges in the third quarter, reporting a loss to owners of the parent of 369.16 billion yen, a stark drop from the profit of 950.00 billion yen seen last year. This highlights the volatility that the company is experiencing in the short term.

The loss per share for Q3 was 259.49 yen compared to the profit of 642.83 yen in the previous year.

Although net sales in Q3 did see a slight increase to 1.83 trillion yen from 1.77 trillion yen year-over-year, the losses indicate that SoftBank is struggling in the short-term despite stronger overall nine-month results.