SoftBank shares fell back after opening higher. Its consolidated net profit forecast for the fiscal year ending March 2027, announced on the 9th, was revised upward to ¥610.0 billion, but the market is focusing on the sense that the available positive catalysts have been exhausted.
SoftBank shares rose after the opening but fell to ¥229.50, down ¥8.90 from the previous day, in morning trading. The market appeared to have completed a short-term rebound in buying, and price movements remained limited.
The consolidated net profit forecast for the current fiscal year, announced on the 9th, was ¥610.0 billion, representing an expected 11% increase from the previous fiscal year. The previous forecast was ¥560.0 billion, with an increase of approximately 2% expected, but it was revised upward. At the time of the announcement, the market focused on the sense that the available positive catalysts had been exhausted, and the share-price reaction was limited.
The announcement on the same day included an upward revision to the earnings forecast for the current fiscal year. Investors’ attention has shifted to the next earnings announcement and whether additional information will be provided. Market participants say that the company’s long-term earnings base and the detailing of its growth strategy will be the focus going forward.