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2026-05-13 15:25:10 SoftBank Group (9984.JP) reported a net profit of 1.83 trillion yen (approximately USD11.6 billion) for its fourth fiscal quarter ended March, exceeding market expectations of 295.2 billion yen and higher than 517.178 billion yen in the same period a year earlier. The stronger-than-expected quarterly results were mainly attributable to a cumulative investment gain of USD45 billion from its stake in OpenAI, offsetting valuation declines in investments including Coupang and Grab. SoftBank has also fully exited its stake in T-Mobile US, Inc. (TMUS.US), cashing out USD16.25 billion, and sold 32.1 million shares of NVIDIA Corporation (NVDA.US) for USD5.83 billion. (mn/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |