Japanese technological giant SoftBank records its first benefit in 4 years

Tokyo (AP) – The Japanese Technology Softbank Group recorded its first benefit in four years on Tuesday, as it gained gains from its investment portfolios.

SoftBank warned of great uncertainties ahead of President Donald Trump’s fare policies, Tensions between the United States and China and other world conflicts.

The benefit of Softbank, based on Tokyo, during the year until March, reached 1.15 trillion yen ($ 7.8 billion), a reversal of the loss of 227.6 billion yen which increased the previous year.

Annual sales increased by 7% to 7.2 trillion yen ($ 49 billion).

Softbank has extensive collaboration with Openai, the U.S. Artificial Intelligence Research Organization behind Chatgpt. He said he is still focused on promoting artificial intelligence technology.

The company said it will continue to aggressively invest in new AI companies like Glean and Helion, both North -American companies.

Softbank also recently decided to acquire the total heritage of Ampere, a cloud -centered semiconductor design company and U.S. AI, for $ 6.5 billion. The transaction is expected to be completed in the second half of this year.

Its investments include stakes in the Chinese e-commerce giant Alibaba and T-Mobile, a European mobile communications team. Both obtained value obtained during the last period.

They also helped their background line, and Royalties were strong in ARM, a British semiconductor and software design company in which Softbank is an important investor.

The company also recorded gains from its softbank vision funds.

Softbank invests in several companies, including Bytedance, the Chinese multinational behind Tiktok, and Paypay, a popular Japanese mobile payment request.

Softbank said he was planning an OIP for Paypay. Paypay, launched in 2018, Paypay is used by more than 68 million people, according to Softbank. The Japanese population is about 125 million.

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Yuri Kageyama is in threads: https://www.threads.com/@yurikageyama