Infrastructure · 10 November 2026 · 4 min read

SoftBank’s three-month loss was ¥1,115.3 billion. The power charge is in the half-year

The accounts for the three months to 30 September show a net loss attributable to owners of ¥1,115.3 billion. Reuters reported that as $7 billion. The half-year accounts include a ¥597.2 billion loss on US data-centre power equipment, including the PORTS-Pike project in Ohio. OpenAI was carried with a $45.0 billion cumulative gain on $54.6 billion invested at the quarter end.

A tall glass tower in Tokyo with construction cranes on the roof, beside a river and other office buildings. — A photograph of a Tokyo tower published with a report on a SoftBank headquarters project. Cranes are on the roof. It is not the Ohio data-centre site, and it is not the November results.

SoftBank Group’s consolidated accounts, released on 10 November, put net income attributable to owners of the parent at a loss of ¥1,115,337 million for the three months ended 30 September 2026. For the six months ended the same day the loss was ¥768,007 million. Reuters reported the three-month result as a net loss of $7 billion. The presentation uses 160.12 yen to the dollar for the quarter’s financial results.

The half-year accounts record a loss of ¥597,248 million, which the earnings presentation gives as $3.7 billion, under other gain or loss. The note says a subsidiary, Silver Bands 7 LLC, revised procurement of power-generation equipment for AI data-centre projects in the United States, including the PORTS-Pike Technology Campus in Pike County, Ohio. Of the loss, ¥457,030 million relates to non-refundable advance payments and ¥140,218 million to contract modifications and settlements. The presentation says the group would be entitled to rebates of up to $2.1 billion on future equipment purchases, subject to conditions. The ¥597.2 billion figure is stated for the six months, not as a separate three-month line.

On OpenAI, the report says the cumulative investment was $54.6 billion at 30 September and the cumulative investment gain was $45.0 billion. Those two figures add to $99.6 billion. It says the valuation was unchanged from the previous fiscal year-end. A further tranche funded on 1 October took the cumulative investment to $64.6 billion, described as about 13 per cent, including indirect holdings and net of disposals.