Japanese investment conglomerate SoftBank Group Corp. reported a stellar performance in the second quarter of fiscal 2025, supported by substantial gains from its investments in OpenAI and the complete sale of its stake in Nvidia.
The company announced that it had sold all 32.1 million Nvidia shares in October, generating $5.83 billion from the transaction. SoftBank also sold part of its stake in T-Mobile, raising an additional $9.17 billion. These divestments came as the firm reshuffled its portfolio to capitalize on strong tech valuations.
SoftBank’s total net sales rose 8% year-on-year to ¥1.9 trillion, while net income surged 125% YoY to ¥2.8 trillion. Diluted earnings per share also increased 118% to ¥1,751.78 in the quarter, reflecting a strong rebound in profitability.
The group’s Vision Fund segment reported a ¥2.2 trillion investment gain, mainly driven by its stakes in ChatGPT-maker OpenAI and Japan-based PayPay. SoftBank further announced plans to invest an additional $22.5 billion in OpenAI through SoftBank Vision Fund 2 (SVF2) in December, underscoring its long-term confidence in the AI ecosystem.
SoftBank’s results highlight its ongoing strategic pivot toward artificial intelligence and high-growth technology investments, even as it books profits from earlier bets on established tech giants like Nvidia and T-Mobile.
