A humorous look at SoftBank's recent financial year, where profits swung like Link on a grappling hook, and AI dreams face some very real-world challenges.
A humorous look at SoftBank's recent financial year, where profits swung like Link on a grappling hook, and AI dreams face some very real-world challenges.

Hey Listen! (To This Financial Fable)

Greetings Hyrule! Princess Zelda here reporting live from… well not Hyrule this time. It seems even kingdoms have to keep an eye on the economy and this SoftBank saga is quite the tale! Their Vision Fund much like a Rupee filled chest has seen better days. It seems their investment gains have shrunk faster than a Cucco in a Goron's grip falling 40% from last year. Hylia give me strength!

TikTok Saves the Day (For Now)

Fear not dear readers! There's a glimmer of hope. SoftBank's fourth quarter saw a small gain thanks to ByteDance the parent company of TikTok. It’s like finding a single shiny Rupee in the Lost Woods – not a fortune but better than nothing! Still the Vision Fund recorded a pre tax loss. Someone needs to find a Fairy Fountain stat!

Didi and Coupang: The Unsung Heroes of Hyrule (…I Mean SoftBank)

It appears that investments in Didi (the Chinese ride hailing service) and Coupang (the South Korean e commerce firm) provided a much needed boost. But as always there are foes lurking in the shadows! The value of some companies including AutoStore took a nosedive. This is why we need to keep an eye on our items we never know when a bokoblin will sneak up and try to snatch them away!

The AI Dream: A Triforce of Trouble?

Masayoshi Son SoftBank's founder is betting big on AI. He’s envisioning a future where his company is a key player much like myself being the key to sealing away Calamity Ganon (most of the time!). Their investments in Arm Ampere Computing and OpenAI (the creator of ChatGPT) are significant. But are they overextending themselves? Only time (and perhaps a trip to the Ocarina of Time) will tell.

Stargate: The Billion Dollar Gamble (or Ganon's New Scheme?)

Then there’s Stargate a joint venture aiming to pump hundreds of billions into AI infrastructure. Some are questioning SoftBank's ability to finance this venture with rumors swirling about financial players reassessing their involvement. The Chief Finance Officer denies this but even Ganon has been known to spin a yarn or two. It seems building this data center is a complicated matter they may need to acquire the Master Sword to cut through the red tape!

A Profit Appears! (But Is It Just a Mirage?)

In a surprising turn of events SoftBank posted its first annual profit in four years! The Vision Fund may have dragged things down but older investments in Alibaba T Mobile and Deutsche Telekom came to the rescue. Arm and SoftBank's telecommunications business also chipped in. Perhaps there is a Triforce of Courage Wisdom and Power in this tale after all! But as any hero knows the quest is never truly over…


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