SoftBank announced record net profit in the year ended March 2026, but its share price has dropped by almost half since the start of June, and the cost to insure its debt against default has soared. SoftBank is expected to post net profit of 148.4 billion yen ($941.2 million) over the April-June quarter, according to the average of four analysts polled by LSEG.
SoftBank announced record net profit in the year ended March 2026, but its share price has dropped by almost half since the start of June, and the cost to insure its debt against default has soared. SoftBank is expected to post net profit of 148.4 billion yen ($941.2 million) over the April-June quarter, according to the average of four analysts polled by LSEG.
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