SoftBank Posts $7B Q2 Net Loss on Vision Fund AI Rout, Shares Still Close Up 13.9%

SoftBank reported a fiscal Q2 net loss of 1.12 trillion yen (~$7B) versus a 2.5 trillion yen profit a year earlier, with the Vision Fund swinging to an 81.58 billion yen loss as Coupang and Grab declined. The group's OpenAI stake, now at $54.6B cumulative investment and $99.6B fair value, delivered $45B in paper gains that softened the blow. Revenue hit 2.22 trillion yen, beating expectations, and shares still closed up 13.9% on the broader Asian tech rebound.