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SoftBank shares rise after better-than-expected Q1 investment performance

Published: 17:43 13 May 2025 AEST

softbank results

SoftBank Group shares rose as much as 3.7% in Tokyo on Tuesday after the tech investment giant reported a net profit of $3.49 billion for the three months to March, significantly outperforming analyst expectations of a loss of around $180 million.

The stronger-than-expected result was driven by investment gains in tech and telecom holdings.

Vision Fund 1, which backs later-stage startups, recorded a $6.35 billion gain, helped by rising valuations in companies such as ByteDance and Coupang.

By contrast, Vision Fund 2, which targets earlier-stage firms, posted a $3.55 billion loss.

SoftBank also benefited from its positions in T-Mobile US and Deutsche Telekom, with T-Mobile shares climbing more than 20% during the quarter.

After an initial spike in the share price, Softbank settled to post a more modest gain of 1.2%.

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