AI news ·
SoftBank Posts Major Loss After Revising AI Data-Center Power Purchases
SoftBank lost ¥768 billion in half a year, mostly from a ¥597.2 billion charge for non-refundable power-equipment payments tied to US AI data-center projects.
SoftBank recorded a ¥768 billion half-year loss, driven largely by a ¥597.2 billion charge linked to revised power-equipment procurement for US AI data-center projects. The charge stems from non-refundable capacity payments that turned into a direct balance-sheet liability when underlying project assumptions shifted.
The write-down illustrates how upfront infrastructure commitments in the data-center sector can create fixed financial exposures. When procurement plans are adjusted, payments already made for reserved power capacity cannot be recovered, forcing the cost through the income statement.