SoftBank Group reported a net income of 421.82 billion yen ($2.87 billion) for the first quarter of fiscal year 2025, substantially exceeding the consensus estimate of 158.23 billion yen. Net sales were 1.82 trillion yen, slightly below the estimated 1.83 trillion yen. The company maintained its full-year dividend forecast at 44 yen per share. The strong quarterly profit was driven by gains from its holdings, notably Nvidia and Coupang, as well as a $4.8 billion gain from the SoftBank Vision Fund (SVF). The Vision Fund's portfolio valuation increased to $45 billion in late-stage companies ready to go public, up from $36 billion at the end of March. SoftBank's CEO Masayoshi Son's strategic bets on artificial intelligence technologies contributed to the positive results. The company’s shares surged by around 10-13% to a record high following the earnings announcement, reflecting investor optimism about its AI-related prospects. SoftBank's total assets stood at 44.84 trillion yen with an equity ratio of 25.0%.