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SoftBank turns around in FY25: Clocks $7.4 Bn profit, bets big on AI and chips

EntrackrEntrackr · 8m ago
SoftBank turns around in FY25: Clocks $7.4 Bn profit, bets big on AI and chips
Medial

SoftBank Group has posted a net profit of $7.4 billion in FY25, marking a sharp reversal from a loss of $1.4 billion in the previous year. The turnaround follows aggressive bets on artificial intelligence and semiconductor plays. The Japanese conglomerate’s revenue rose 7.2% year-on-year to $45.97 billion, while income before tax jumped to $10.8 billion from just $367.5 million last year. SoftBank attributed the gain to a $23.5 billion investment profit from holdings in Alibaba, T-Mobile, and Deutsche Telekom. Its investment business, led by founder Masayoshi Son, recorded ¥3.41 trillion ($21.7 billion) in gains. This included ¥1.88 trillion ($11.94 billion) from Alibaba and ¥1.35 trillion ($8.58 billion) from T-Mobile. However, these were partially offset by a ¥2.03 trillion derivative loss, largely due to prepaid forward contracts using Alibaba shares. The performance of the Vision Fund segment remained mixed. While Vision Fund 1 clocked a ¥940 billion gain ($5.97 billion), Vision Fund 2 posted a loss of ¥526 billion ($3.34 billion). The group also incurred a ¥491.8 billion ($3.17 billion) charge related to third-party investor interests in the Vision Funds. A large part of Vision Fund 2’s losses came from a drop in the value of companies like Ola and Swiggy, which saw their stock prices and valuations fall. SoftBank said the value of its publicly listed investments under Vision Fund 2 fell by 21.7% in the last quarter. Meanwhile, SoftBank is doubling down its investment in AI infrastructure. It has committed up to $30 billion to OpenAI Global and is acquiring US-based chipmaker Ampere for $6.5 billion. The group also launched the “Stargate” project — a $500 billion initiative to build large-scale AI data centers. Despite the return to profitability, SoftBank flagged macro uncertainties including FX volatility, regulatory risks, and performance variance in its private market bets. The company will propose a year-end dividend of ¥22 ($0.14) per share, taking the full-year payout to ¥44 ($0.28), unchanged from last year.

SoftBank sells 2.15% stake in Ola Electric via open market

EntrackrEntrackr · 2d ago
SoftBank sells 2.15% stake in Ola Electric via open market
Medial

SoftBank, through its investment vehicle SVF II Ostrich (DE) LLC, has offloaded a 2.15% stake in Ola Electric Mobility Ltd through a series of open-market transactions, according to regulatory filings with stock exchanges. As per the disclosure, SVF II Ostrich sold nearly 9.5 crore equity shares of Ola Electric between September 3, 2025, and January 5, 2026. The transaction triggered mandatory disclosure after the cumulative sale breached the 2% threshold prescribed under takeover norms. Prior to the sale, SVF II Ostrich held 69.16 crore shares, a 15.68% stake in Ola Electric’s total equity share capital. Following the divestment, its shareholding has declined to 59.7 crore shares, a reduced stake of 13.53% in the electric vehicle maker. Last year, SoftBank carried out a similar share sale between July and September 2025, offloading around 9.5 crore shares, which reduced its stake from 17.83% to 15.68%. Ola Electric is facing a tough phase as its stock continues to trade near record lows amid weak market sentiment. The pressure has been compounded by stake sales from investors and a partial share sale by founder and CEO Bhavish Aggarwal, both of which have added to concerns around confidence and near-term prospects for the EV maker. In terms of EV sales for December, Ola’s sales remained largely flat at 8,402 units. Its market share rose by 2% to 9.03%, placing the company fifth in standing. While its rival, Ather Energy, sold 16,391 units with a market share of 17.62% last month.

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