In its results for the second quarter of the fiscal year ending March 2027, SoftBank Group Corp. reported record highs for first-half revenue, operating income and net income, and revised its full-year forecast upward. It also announced an apology concerning the unauthorised access incident at IDC Frontier.
SoftBank Group Corp. held a briefing on its results for the second quarter of the fiscal year ending March 2027 and reported that first-half revenue rose 12% year on year to ¥3.7987 trillion, operating income rose 2% to ¥642.1 billion and net income attributable to owners of the parent rose 5% to ¥364.5 billion, with all three reaching record highs for a first half. The company also explained that operating income was up 13% excluding one-off factors in the same period of the previous year.
Progress against the initial full-year earnings forecast was 51% for revenue, 58% for operating income and 65% for net income.
The full-year earnings forecast was revised upward in light of solid business progress and a gain on the sale of preferred interests in Energy Global, LP. The new outlook calls for revenue of ¥7.9 trillion, operating income of ¥1.16 trillion and net income attributable to owners of the parent of ¥610 billion.
Trial services aimed at the commercialisation of HAPS were conducted in Muroto City, Kochi Prefecture, confirming communication quality equivalent to that of ground networks. The company also successfully reduced processing latency by more than 40% through edge processing and performed laser ranging and tracking.
The company plans to exhibit at MWC Barcelona for the first time as part of its “Beyond Japan” strategy, with the aim of expanding its booth at one of the world’s largest mobile exhibitions.