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Full-year earnings forecast upwardly revised, driven by growth in cloud and AI fields
AI-generated summary
SoftBank is expanding its corporate cloud and AI business and strengthening security services that utilize AI technology.
SoftBank announced its consolidated financial results for the second quarter of the fiscal year ending March 2027 on November 9th. Sales increased 11.7% year on year to 3,798.7 billion yen, operating income increased 2.1% year on year to 642.1 billion yen, and net income increased 4.5% year on year to 364.5 billion yen, all of which were new record highs.
As a result, the company's full-year earnings forecast for the fiscal year ending March 2027 has been revised upward to 7.9 trillion yen in sales, 1.16 trillion yen in operating income, and 610 billion yen in net income.
The company's performance was driven by its enterprise business, which includes communication services for corporations, cloud services, security, and AI services. Sales increased 11.8% year on year to 538.9 billion yen, of which sales in the "Cloud/AI" field, which includes AI calculation platforms, increased 36.7% year on year. Operating income increased 19.9% year on year to 124.8 billion yen. The AI data center in Tomakomai City, Hokkaido is on track to open in 2026.
The consumer business, which includes mobile services and electricity services, had sales of 1,602.5 billion yen (up 8.6% year on year), the media and e-commerce business, which includes advertising-related services on ``Yahoo!
The financial results briefing also focused on the company's response to a series of cyber attacks.
More than 7,000 companies have signed up for ``Patching as a Service,'' a security service provided by the company that helps prevent vulnerabilities in IT systems. President Junichi Miyagawa points out that it is important to quickly and continuously carry out the three cycles of diagnosing vulnerabilities, applying patches, and confirming normal operation.
Patching as a Service utilizes AI technology from U.S. company OpenAI. Although the application of patches has been automated, the work to check whether it is operating properly is still done manually, and development is progressing toward full automation.
"The number of attacks using high-performance AI continues to increase every week. The ability to create intrusion routes and the speed required to carry out crimes are becoming more powerful every day. Every time a new AI model is released, a new, previously unknown vulnerability is discovered, creating the risk that a system that was supposed to have been protected will be attacked again. As attacker AI continues to evolve, we as defenders must also continue to evolve with AI." (President Miyagawa)
AI outlook — possibilities, not facts
AI data center in Tomakomai City, Hokkaido to open in 2026
Likely · Within months

SoftBank Group's interim consolidated net income fell into the red, and Mitsui Chemicals announced that it would acquire JSR for approximately 1.4 trillion yen. The Liberal Democratic Party reprimanded four members, including former Prime Minister Ishiba, and a Chinese man was arrested in central Tokyo for operating a base station without a license.

China's General Administration of Customs announced on the 10th that the trade surplus for the period from January to October was $1.4259 trillion (approximately 165 trillion yen), marking a record high of about $1.2 trillion for the entire year of 2025 and exceeding $1 trillion for the second consecutive year. Against a backdrop of growth in semiconductor and EV exports, pressure from the US side to rectify the trade imbalance is likely to increase at the US-China summit.

According to the Ministry of Internal Affairs and Communications' September Family Income and Expenditure Survey, real consumption expenditure for households with two or more people decreased by 6.8% compared to the same month last year, marking the first significant decline in six years since September 2020. Due to bad weather such as long rains, people refrained from going out and shopping, and the ninth category of expenses, such as food, utilities, and water, decreased.
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Sakana AI, an AI developer, has begun preparations for stock listing. On the same day, the leaders of Japan and Vietnam agreed on cooperation in important minerals, and former Prime Minister Ishiba was reprimanded by the Liberal Democratic Party. Mitsui Chemicals announced that it would acquire JSR for approximately 1.4 trillion yen, and a Chinese man was arrested in central Tokyo for violating the Radio Law.

Nvidia's board of directors announced on the 8th that it would launch an investigation into the news that Huang, the CEO of Nvidia, had been the subject of espionage activities by a female operative of the Chinese intelligence agency. Mr. Huang effectively admitted to the act of infidelity and expressed his cooperation with the investigation.