SoftBank (9434) Q3 2026 earnings summary

Executive summary

• Achieved record-high revenue of JPY 5,195.4 billion for the nine months ended December 31, 2025, up 8% year-on-year, with all segments contributing to growth.

• Net income attributable to owners rose 11.2% to JPY 485.5 billion, and operating income increased 8% to JPY 884.1 billion.

• Full-year earnings forecast was revised upward for revenue, operating income, and net income, reflecting strong performance and strategic acquisitions.

• Announced management succession and rejuvenation of executive team, lowering average director age.

• Received high ESG recognition, including top rankings in sustainability and decarbonization.

Financial highlights

• Revenue for Q1–Q3 FY2025/FY2026 reached JPY 5,195.4 billion, up 8% year-on-year; progress rate to full-year forecast at 78%.

• Operating income was JPY 884.1 billion, up 8% year-on-year; progress rate at 88%.

• Net income attributable to owners was JPY 485.5 billion, up 11% year-on-year; progress rate at 90%.

• Upward revision: revenue to JPY 6,950 billion (+4%), operating income to JPY 1,020 billion (+2%), net income to JPY 543 billion (+1%).

• Basic earnings per share was JPY 10.04, up from JPY 9.16.

Outlook and guidance

• Full-year forecasts revised upward, targeting record-high net income, with some negative impact from ASKUL expected in Q4.

• Confident in achieving record-high net income for the fiscal year.

• Focus on long-term, high-value customers, structural reforms, and sustainable growth through business transformation and strategic investments.