SoftBank Group reported a significant turnaround in its financial performance, posting a net profit of ¥1.18 trillion ($7.7 billion) for the July-September quarter of 2024. This marks a notable recovery from a net loss of ¥1.4 trillion in the same period last year. The profit was largely driven by gains from its Vision Fund investments, which recorded an investment gain of JPY 610 billion. The company attributed its improved results to higher share prices of listed companies within its investment portfolio. Additionally, SoftBank's net profit for the first half of the fiscal year, ending in March 2025, reached ¥1 trillion ($6.5 billion), further underscoring its resurgence in profitability following three years of losses.