SoftBank posts a surprise of loss of $ 2.4 billion in the third quarter because investments in the vision fund go to red

SoftBank Group He announced a surprising quarterly loss on Wednesday because the investments in their vision funds fell red. The revenue of the Japanese company also missed analyst estimates.

Here’s the result of SoftBank comparison with LSEG Sampestimem, which is important according to the forecasts of analysts who were consistently more precise:

• Revenue: 1,83 trillion yen compared to 1.84 trillion yen
• Net loss of 369.17 billion yen ($ 2.4 billion) compared to a profit of 298.53 billion yen

Investments at the Vizian Fund of the company achieved a loss of 352.75 billion yen for a quarter ended on December 31. They have published a profit for the previous two quarters.

The segment of the wider vision fund – which factors of administrative costs, fluctuations in currency, among other things – reported a loss of 309.93 billion yen during the quarter.

SoftBank reported about a drop in a public portfolio of 2.1% in a quarter, primarily due to the drop in the price of shares of the E-Training Company Coupangwhile the value of his investments in private companies fell 3.3%. Overall, the FER Value of Portfolio Companies SoftBank’s Vision Fund 1 decreased by 2.8% compared to the previous quarter.

Fund Vision 2 FER VALUE fell by 3.7% compared to the previous quarter. Reduction of shares of public companies, such as EV Maker Ola electrical mobility and a warehouse automation company Hitchhiker She surpassed the jump in the SWIGGY food supply company after its listed in November 2024.

In recent years SoftBank has invested a number of high investments in companies they have withmitigated or marked their estimates.

It is now a repositioning to use the flourishing of artificial intelligence, where players like Nvidia have benefited from meteoric demand for chips and the GPU data center.

SoftBank is close to completing the primary investment in an opening of $ 40 billion at the value of the $ 260 billion money, sources Recently, he told David Faber in CNBC.

NEW FINANCATION S

Softbank is already committed spend $ 3 billion a year at OpenAI’s Tech. Two companies have also announced a new joint investment called “SB Openii Japan”, which will explode Openai’s Enterprise Tech exclusively to the main companies in Japan.

Softbank reported about three -month earnings after trading closed on the Tokyo Stock Exchange. The shares received 45% last year.

– CNBC -ov Hayden Field contributed to this report.