SoftBank's Financial Turbulence

In a startling revelation, SoftBank disclosed a net loss of ¥179.7 billion ($1.17 billion) for the October to December quarter of 2024. This financial setback comes amidst the conglomerate's report of net sales amounting to ¥1.8 trillion for the same period.

Nine-Month Financial Overview

Delving deeper into the financials, SoftBank's net income for the nine months leading up to December 2024 stood at ¥1.1 trillion. Concurrently, net sales during this period were reported at ¥5.3 trillion, showcasing the company's vast operational scale despite the quarterly loss.

Future Projections

Looking ahead, SoftBank anticipates a total dividend per share of ¥44 for the fiscal year ending March 31, 2025. Furthermore, the company projects to sustain this dividend rate into the subsequent fiscal year, signaling a commitment to shareholder returns despite current financial headwinds.