SoftBank Group shares sank in Tokyo on Wednesday morning after the investment group swung to a ¥768 billion (about $4.8 billion) first-half loss, hit by a charge on power equipment for its US AI data centres. The wider market held steady after a soft night on Wall Street.
MoneyTurkey Foreign Markets Desk | 11 November 2026
Key points
- SoftBank Group was down 5.8% at ¥3,646 (about $22.95) around 10:07 Tokyo time, after falling as much as 10% early in the session.
- The Nikkei 225 was up about 0.8% at around 60,950 as of 10:27 Tokyo time, against Tuesday’s close of 60,459.58.
- Seoul’s KOSPI was down 0.39% at 5,218.93, after jumping 4.39% on Tuesday.
SoftBank’s data centre bill
SoftBank Group reported a net loss of ¥768.0 billion (about $4.8 billion) for April to September, against a profit of ¥2.92 trillion (about $18.4 billion) a year earlier, its first half-year loss in three years, Kyodo News reported. The company booked a ¥597.2 billion (about $3.8 billion) loss after revising plans to buy power generation equipment for AI data centre projects in the US, including a campus in Pike County, Ohio, according to its financial report.
Chief financial officer Yoshimitsu Goto said the group is not looking to scale back its current plans and still has high expectations for OpenAI, in which it had invested $64.6 billion by October, Kyodo reported.
The shares had jumped nearly 14% on Tuesday ahead of the results, to ¥3,872 (about $24.37). They then dropped about 6% in off-exchange trading after the release, Kabutan reported, and opened on Wednesday at ¥3,592 (about $22.61).
Tokyo
The Nikkei 225 opened 65.72 points higher at 60,525.30 and then traded near Tuesday’s close, Reuters reported, as strong results from US cloud provider CoreWeave offset losses on Wall Street. Mitsubishi UFJ rose 2.1% to ¥3,506 (about $22.07), and Fast Retailing rose 0.8% to ¥82,260 (about $517.83). Tokyo Electron rose 1.9% to ¥9,178 (about $57.78).
Seoul
The KOSPI opened 29.42 points, or 0.56%, lower at 5,209.71, Yonhap reported, after hotter-than-expected US October inflation data revived talk of further Federal Reserve rate rises. Samsung Electronics fell 1.0% to ₩197,000 (about $147), SK Hynix fell 1.2% to ₩1,198,000 (about $895) and Hyundai Motor fell 0.9% to ₩272,500 (about $204).
Australia and New Zealand
The S&P/ASX 200 was flat at 9,131.3 in Sydney, and the NZX 50 was down 0.17% at 14,143.85 in Wellington. Hong Kong and mainland China had yet to open.
Currencies
The dollar bought 158.86 yen and 1,338 won. The Australian dollar was at 0.6876 US dollars and the New Zealand dollar at 0.5609.
What to watch
- Whether SoftBank Group steadies after the first wave of selling
- How Hong Kong and Shanghai open at 09:30 local time
- Whether other AI and chip names in Tokyo follow SoftBank lower
For information only. Not investment advice.
Sources
- Yahoo Finance market data (stock and currency quotes, about 01:15 London time): finance.yahoo.com
- Nikkei Indexes (official Nikkei 225 value, 10:27 Tokyo time): indexes.nikkei.co.jp
- Nikkei markets page (Nikkei 225, 10:27 Tokyo time): nikkei.com/markets/kabu
- SoftBank Group: Consolidated financial report, six months to 30 September 2026
- Kyodo News via The Mainichi: SoftBank Group logs 768 bil. yen loss in 1st half on U.S. data center plan
- CNBC: SoftBank swings to net loss in second quarter
- Kabutan: SoftBank Group falls in off-exchange trading after results
- Reuters (Japanese): Nikkei opening report, 11 November
- Yonhap News Agency: Seoul shares open lower on inflation woes
- Zaikei Shimbun (Japanese): Tokyo pre-market points, 11 November
