SoftBank's net sales up 7% to ¥1.6 trillion in Q2 - Breaking The News
Download our appPlay StoreApp Store

SoftBank's net sales up 7% to ¥1.6 trillion in Q2

EPA-EFE/KIMIMASA MAYAMA

SoftBank Group Corp. said on Friday that its net sales for the second quarter of its fiscal 2022 amounted to ¥1.6 trillion ($11.3 billion), rising 7% compared to the same period in 2021.

The company's net income stood at ¥3.1 trillion, or ¥1,912.05 per diluted share, improving from a net loss of ¥342.4 billion last year. Total gain on investments in the three-month period was ¥2 trillion.

Related Stocks
SOFTBANK GR.
Related News
Blackberry's Q4 revenue down 7% to $141.7M
BlackBerry Ltd. announced on Wednesday that its revenue in the fourth quarter of fiscal 2025 dropped by 7% on an annual basis to reach $141.7 million, exceeding analysts' expectations.The Canadian software company's net loss came in at $7.4 million in the reported quarter, improving by 86.8% year-on-year, while its diluted loss per share amounted to $0.01 in the fourth quarter, compared to $0.10 from the same period in the previous year. For...
OpenAI raises $40B in SoftBank-led funding round
OpenAI raised $40 billion in a new funding round led by SoftBank Group Corp., valuing the ChatGPT maker at $300 billion.The company said the fresh capital would be used towards pushing the "frontiers of AI research even further," scaling its compute infrastructure and delivering "increasingly powerful tools for the 500 million people who use ChatGPT every week.""We're excited to be working in partnership with SoftBank Group—few companies understand how to...
OpenAI risks losing $10 billion if not for-profit by year-end
OpenAI's $40 billion funding round could shrink to $30 billion unless the company restructures as a for-profit entity by December 31, CNBC reported on Monday. According to the report, SoftBank, the largest backer, would cut its investment from $30 billion to $20 billion if the change does not occur.The financing deal, which would value OpenAI at $300 billion, also includes a $10 billion contribution from Microsoft and others. Investors would receive...
OpenAI nearing $40B SoftBank funding round
OpenAI is set to secure $40 billion in funding with lead investor SoftBank, pushing its valuation to $300 billion, however, the SoftBank-led funding round could shrink by half if the nonprofit doesn't finalize its conversion to a for-profit firm by year-end.The Wall Street Journal reported on Friday. The funding package totals $40 billion, divided into two portions: an immediate $10 billion investment, followed by $30 billion contingent on successful restructuring. Should...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.