Softbank (9984 JT) Q3 (JPY): Net Income 248.59bln (exp. 857.01bln), Net Sales 1.98tln (exp. 1.96tln)
SoftBank's Q3 results show a significant net income miss compared to expectations, likely raising concerns about profitability and operational challenges.
Lenovo (0992 HK) CEO says memory supply crunch could be an opportunity for the Co. and sees PC market shipments modestly declining in 2026 but unit prices to rise
Newsquawk Daily European Opening News - 12th February 2026
Softbank (9984 JT) Q3 (JPY): Net Income 248.59bln (exp. 857.01bln), Net Sales 1.98tln (exp. 1.96tln)
Japan is said to have requested US Fed/NY Fed JPY rate check back in January
Japanese Finance Minister Katayama discussed with PM Takaichi about how to proceed with tax credits for benefits and sales tax cut on food, while she did not discuss forex with the PM, according to Jiji
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However, their net sales slightly beat forecasts, suggesting a resilient revenue stream but undermined by high expenses or losses in other areas. This divergence could impact investor sentiment and potentially influence market movements in Asian equities.
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