SoftBank Investment (Part 1): Masayoshi Son's "Golden Egg" Yields Big Profits

SoftBank Group launched its Vision Fund with a scale of 10 trillion yen in 2017. In 2019, it was established as Fund No. 2. By the end of September, the total invested amount of the two funds had increased to $163.2 billion (about 25.3 trillion yen), and pre-tax investment gains reached approximately 3.7 trillion yen……

The SoftBank Vision Fund (SVF), the fund under SoftBank Group’s umbrella, is performing strongly. Although it once fell into trouble, “the golden egg” listing that was nurtured by Chairman and President Masayoshi Son helped SoftBank Group set a new record high profit for the period from April to September 2025. The strong performance of the Vision Fund has strengthened SoftBank Group’s financial firepower, supporting massive investments in artificial intelligence (AI) areas such as the U.S. OpenAI.

“Comrade-style integration”

At the November financial results briefing, SoftBank Group’s Chief Financial Officer (CFO) Yoshimitsu Goto said, “After a long time, we finally welcomed an autumn that allows us to breathe easier,” revealing how he felt internally. This is because, after several years of difficulties stemming from investees such as U.S. WeWork filing for bankruptcy, the Vision Fund’s investment gains recovered to nearly 3 trillion yen in the consolidated financial statements for July to September.

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