SoftBank Q1 net profit rises 3.3% to 150 billion yen, full-year forecast unchanged

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SoftBank, the domestic telecom subsidiary of SoftBank Group, reported a consolidated net profit of 150 billion yen for the first quarter of the fiscal year ending March 2027, up 3.3% from the same period a year earlier. The company left its full-year consolidated net profit forecast unchanged at 560 billion yen. The consensus estimate of 13 analysts polled by IBES was 567.6 billion yen.

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SoftBank Corp. reported a 3.3% rise in Q1 net profit, beating the consensus estimate, though full-year forecast unchanged.

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