SoftBank Group Corp. returned to profit in its fiscal first quarter, posting net income of ¥421.82 billion ($2.9 billion) for the three months ended June. The figure far exceeded the ¥158.23 billion consensus estimate and reversed a ¥174.3 billion loss a year earlier. Revenue rose 7 % to ¥1.82 trillion, roughly in line with expectations. The rebound was driven by a sharp recovery in the company’s technology investment arm. SoftBank’s Vision Fund booked a ¥451.39 billion profit, helped by a $4.8 billion increase in the fair value of its holdings, including gains in Nvidia and South Korean e-commerce firm Coupang. It was the second consecutive quarter in which Vision Fund gains pushed the group into the black. SoftBank kept its full-year dividend forecast at ¥44 per share, signaling confidence in cash generation as founder Masayoshi Son pursues heavy investments in artificial-intelligence ventures. The latest results provide fresh financial headroom for planned bets ranging from chip designer Ampere Computing to broader AI infrastructure projects.