SoftBank Group's financial report reveals that the company recognized a loss of ¥597.2 billion (approximately $3.73 billion) for the six months ended September 30, 2026, following adjustments to its power generation equipment procurement plan for a U.S. AI data center project. The procurement is managed by Silver Bands 7 LLC, a subsidiary backed by SoftBank Group and Vision Fund II, and covers power supply equipment for AI data centers in Ohio and other locations. SoftBank said that shifting demand from existing and planned projects prompted Silver Bands 7 LLC to revise its procurement strategy and assume corresponding supplier obligations. The loss comprises ¥457 billion in non-refundable prepayments made to secure equipment capacity and procurement, along with ¥140.2 billion in losses tied to contract modifications and settlements.
