SoftBank Corp, JP3732000009

SoftBank Corp stock outlook rises as AI growth lifts FY2026 targets

Published on 11/11/2026 at 15:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SoftBank raised its full-year outlook after record first-half results, with cloud and AI supporting Enterprise growth. The dividend forecast was unchanged.

Growth and targets shape outlook

SoftBank reported record first-half revenue, operating income and net income for fiscal 2026.
Cloud and AI expansion strengthened the Enterprise segment, while the dividend outlook stayed unchanged.
Investors are weighing recurring operating momentum against the contribution from the Energy Global transaction.

SoftBank Corp, JP3732000009, Illustration mit AI erstellt.

SoftBank Corp. reported record first-half results for fiscal 2026 on Monday, November 9, and raised its full-year outlook. AD HOC NEWS said revenue, operating income and net income all reached records for a first-half period.

Record results lift forecasts

Revenue for the six months ended September 30 rose 12 percent year over year to 3,798.7 billion Japanese yen. Operating income increased 2 percent to 642.1 billion yen, or 13 percent excluding one-time factors, while net income attributable to SoftBank Corp. owners advanced 5 percent to 364.5 billion yen.

SoftBank lifted its FY2026 revenue forecast to 7,900 billion yen from 7,500 billion yen. The operating income forecast rose to 1,160 billion yen from 1,100 billion yen, and the net income forecast increased to 610 billion yen from 560 billion yen. The annual dividend forecast remained 8.80 yen per common share.

What has changed since our last report

The latest update adds detail on execution in artificial intelligence infrastructure. Enterprise revenue rose 12 percent to 538.9 billion yen, while Cloud and AI revenue increased 37 percent. Enterprise operating income climbed 20 percent to 124.8 billion yen.

Construction of the Hokkaido Tomakomai AI Data Center was progressing toward an opening in fiscal 2026. Management also indicated that a net income target of about 600 billion yen, previously set for fiscal 2028, could be reached two years earlier. The revised outlook includes operating momentum as well as a gain from the sale of Energy Global interests.

Investor focus turns to earnings quality

Consumer revenue increased 9 percent, although operating income declined 2 percent. Media and EC revenue rose 9 percent, and Financial Business revenue advanced 27 percent. The mix leaves investors balancing broader operating progress against the transaction-related contribution to the forecast increase.

SoftBank Corp stock traded at 1.34 euros on Lang & Schwarz at 10:38 CET on Friday, November 6, 2026.