SoftBank Corp recorded its highest-ever first-quarter revenue for April-June, reporting sales of 1.81 trillion yen ($11 billion), an increase of 9.4% from the same period a year earlier. Operating income for the quarter rose 4.0% to 302.3 billion yen, the company said.
Net income was up 10.5% to 201.5 billion yen, while net profit attributable to shareholders increased 3.3% to 150.1 billion yen for the quarter.
Markets reacted positively to the results. SoftBank Corp shares were up 3.3% at 227.7 yen by 01:36 GMT, and shares of parent SoftBank Group jumped 11% to 5,800.0 yen.
Segment performance and drivers
Management described the quarter’s growth as broad-based across its business segments. The enterprise unit saw revenue rise 11.4%, bolstered by a 31% surge in cloud and AI sales as corporate customers increased spending on AI computing infrastructure, cloud services and cybersecurity.
The financial business expanded 27% in revenue, with the company attributing the gain to higher transaction volumes at PayPay’s QR code payment and credit card operations.
Revenue in the distribution division climbed 22.8%, supported by demand for cloud, software-as-a-service and ICT products. Media and e-commerce revenue advanced 9.8% over the year-ago quarter.
Guidance and shareholder return
SoftBank Corp maintained its full-year forecast, reiterating expectations for revenue of 7.5 trillion yen, operating income of 1.1 trillion yen and net income attributable to shareholders of 560 billion yen. The company also left its annual dividend forecast unchanged at 8.80 yen per share.
Takeaway
The company’s first-quarter results reflect strong activity in AI-related infrastructure and cloud services alongside robust consumer-facing transaction volumes at PayPay. Management’s decision to hold full-year targets and the dividend unchanged accompanies quarterly gains in several divisions, and the market response included a notable rise in the parent group’s stock price.