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SoftBank Stock Falls 4.4% Despite Quarterly Profit Tripling Estimates

SoftBank Stock Falls 4.4% Despite Quarterly Profit Tripling Estimates

tags. Let's write the translation: Original:

SoftBank Group shares dropped 4.41% on Thursday even as the company reported net income of 347.3 billion yen for the quarter, roughly triple the 120.23 billion yen analysts had expected. The decline came despite a massive gain on Intel shares and a $2.2 billion boost from ByteDance's valuation.

Translation:

As ações do SoftBank Group caíram 4,41% na quinta-feira, mesmo com a empresa reportando lucro líquido de 347,3 bilhões de ienes no trimestre, aproximadamente o triplo dos 120,23 bilhões de ienes que os analistas esperavam. A queda ocorreu apesar de um ganho massivo nas ações da Intel e um impulso de US$ 2,2 bilhões proveniente da avaliação da ByteDance.

Next:

Profit beat overshadowed by segment losses

->

Lucro acima do esperado ofuscado por perdas de segmento

Then:

Net sales rose 10.9% to 2,019.6 billion yen. The investment holding arm posted segment income of 1,051.6 billion yen, reversing a 20.9 billion yen loss a year earlier. Total investment gains reached 1,859.4 billion yen for the quarter. But the Vision Funds segment income fell 98.8% year-on-year to just 5.4 billion yen, and the AI Computing segment, which houses Arm, deepened its loss to 200.8 billion yen due to higher expenses at Arm, Graphcore, and Ampere.

Translation:

As vendas líquidas subiram 10,9%, para 2.019,6 bilhões de ienes. O braço de participações de investimento registrou receita de segmento de 1.051,6 bilhões de ienes, revertendo uma perda de 20,9 bilhões de ienes no ano anterior. Os ganhos totais de investimento atingiram 1.859,4 bilhões de ienes no trimestre. Mas a receita do segmento Vision Funds caiu 98,8% em relação ao ano anterior, para apenas 5,4 bilhões de ienes, e o segmento de AI Computing, que abriga a Arm, aprofundou sua perda para 200,8 bilhões de ienes devido a despesas mais altas na Arm, Graphcore e Ampere.

Next:

Intel and ByteDance gains drive the quarter

->

Ganhos da Intel e ByteDance impulsionam o trimestre

Then:

SoftBank booked a 1,332.9 billion yen gain on its Intel shares during the quarter. Intel stock climbed from $44.13 to $139.63 over the period. Separately, the investment gain was driven by a $2.2 billion (¥358,000 million) increase in the fair value of ByteDance. SoftBank recorded no gain or loss on its OpenAI stake this quarter; the valuation held flat.

Translation:

A SoftBank registrou um ganho de 1.332,9 bilhões de ienes em suas ações da Intel durante o trimestre. As ações da Intel subiram de US$ 44,13 para US$ 139,63 no período. Separadamente, o ganho de investimento foi impulsionado por um aumento de US$ 2,2 bilhões (¥358.000 milhões) no valor justo da ByteDance. A SoftBank não registrou ganho ou perda em sua participação na OpenAI neste trimestre; a avaliação permaneceu estável.

Note: "¥358,000 million" - in Portuguese, we might say "¥358.000 milhões" but that's odd. Actually, 358,000 million yen is 358 billion yen? Wait, 358,000 million = 358 billion? Actually, 1,000 million = 1 billion, so 358,000 million = 358 billion. But the original says "¥358,000 million" - that's a weird way to write it. Probably they mean 358 billion yen? But they wrote "¥358,000 million" - maybe it's a typo? Actually, $2.2 billion is about 358 billion yen? Let's check: 1 USD ~ 150 yen? 2.2 billion * 150 = 330 billion, so 358 billion is plausible. So we can write "¥358 bilhões" or "¥358.000 milhões" but in Portuguese we'd say "¥358 bilhões". But to keep the original number, we can write "¥358.000 milhões" but that's not standard. Better to convert to "¥358 bilhões" but the original says "¥358,000 million" - we can keep as "¥358.000 milhões" but that's confusing. Actually, in Portuguese, we use "milhões" and "bilhões" - so 358,000 million is 358 billion. So we can write "¥358 bilhões". But to be faithful, we can write "¥358.000 milhões" but that's not typical. I'll write "¥358 bilhões" for clarity. But the original says "¥358,000 million" - maybe they meant 358,000 million yen? That is 358 billion. So I'll write "¥358 bilhões". However, the original has a comma as thousands separator, so it's 358,000 million. In Portuguese, we'd write "358.000 milhões" but that's also not common. I'll just write "¥358 bilhões" to be natural. But to avoid changing the number, I'll keep it