SoftBank Group Corp. said Wednesday its net profit for fiscal 2025 surged more than fourfold to 5.00 trillion yen ($31.70 billion), on the back of its investment in OpenAI, the developer of artificial intelligence chatbot ChatGPT.
Sales for the year ended March were up 7.7 percent at 7.80 trillion yen.
It logged 7.29 trillion yen in investment profit for fiscal 2025, nearly double compared to the 3.70 trillion yen profit the previous year.
In February, the company said it would add $30 billion to its investment in OpenAI, raising the total to $64.6 billion from $34.6 billion, and increasing its ownership from about 11 percent to around 13 percent.
SoftBank Group has focused its investments on AI-centered industries from the semiconductor, robotics, data centers to energy infrastructure sectors.
The Japanese investment and technology group does not release earnings forecasts.
==Kyodo
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