SoftBank posts $7.1bn loss as AI data centre writedown hits shares
The Tokyo-listed investor reported its first net loss in nearly two years, with falling portfolio values and US infrastructure charges driving the result.
The Tokyo-listed investor reported its first net loss in nearly two years, with falling portfolio values and US infrastructure charges driving the result. Published 2026-11-11 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
SoftBank Group shares fell 9.6% on Wednesday after the company reported a $7.1 billion quarterly loss, its first net loss in nearly two years. The drop came despite a broader market rally that lifted the Nikkei 225 by 2.6% in the same session. The stock has now lost 45% of its value over the past year.
Writedowns and portfolio falls drive loss
SoftBank Group swung to an unexpected quarterly loss of JPY1.115 trillion ($7.06 billion) in the second quarter, according to Zeebiz. The company cited a US data centre writedown and falling share prices in key investments such as Intel, Arm Holdings and Korean retailer Coupang as primary contributors to the result. Newsbytesapp reported the loss as the firm’s first net loss in nearly two years.
The financial hit followed earlier moves by SoftBank to revise its AI data centre plans, which caused shares in GE Vernova to drop as much as 9.8% when regular trading opened on Tuesday, MSN reported.
Stock slides despite market rally
The 9.6% decline on Wednesday marked a sharp reversal from Tuesday’s session, when SoftBank shares jumped 15% intraday to reach JPY3,914, Zeebiz reported. That earlier rise followed a close of JPY3,400 the previous day. The stock closed at JPY3,500 on Wednesday, down from a previous close of JPY3,872.
By Falling Shares’ measure, almost all of the Wednesday move was company-specific, with a total attribution of -9.8% compared to a market contribution of +5.0%. The stock is rated Unstable, with an annualised volatility of 78.8% against a benchmark of 27.5%. There have been 42 sessions with moves of 5% or more in the past six months.
The share price is now 59.5% below its 52-week high of JPY9,074. Over the past five days, the stock has fallen 18.2%, and it is down 39.8% over the last month. Consensus earnings per share estimates for the current year have been cut 45.5% in the past 90 days, falling from JPY168.57 to JPY91.80.