SoftBank's Vision Fund Bucess lost Tuesday in the fiscal year ending March as it scheduled a slowdown in growth in the large technology investment sector.

SoftBank said its Vision Fund made a profit from its investment of 434.9 billion yen in the fiscal year, down 40% from the 724.3 billion yen booked in the previous year.

SoftBank’s Vision Fund recorded 26.1 billion yen gains in its fourth fiscal year ending in March, aided by rising value from Tiktok owner Bytedance.

The Visual Funds section recorded a total of 115.02 billion yen (777.7 mllion) pre-tax losses, while the profit in the previous fiscal year was 128.2 billion yen.

In the latest fiscal year, SoftBank's investments in Chinese ride-hailing company DIDI and South Korean e-commerce company Coupang. However, its investment division's performance was hurt by the decline in value of companies including cars.

For those who have been looking for signs of improvement after the company’s unexpected losses in the third quarter, Vision Fund is the focus of investors seeking signs of improvement.

SoftBank’s investment sector may be inconsistent because it is driven by changes in public and private financial markets.

SoftBank shares fell about 17% this year with volatility in financial markets, and concerns about the macroeconomic environment continue to put pressure on companies.

SoftBank founder Masayoshi Son tried to position the company as a key player in artificial intelligence through various investments and acquisitions. The company has most semiconductor designers arm And announced plans to acquire server chip designer Ampere Computing for $6.5 billion this year. Ampere's semiconductors are designed to run AI applications.

One of SoftBank’s biggest AI bets is on Openai, the creator of Chatgpt. SoftBank invested $30 billion in Openai, which was $40 billion in March, and the raising of the founding company was $300 billion.

SoftBank is also involved in Stargate, a joint venture unveiled in January by U.S. President Donald Trump, calling for hundreds of millions of dollars in investment in AI infrastructure.

There are still some questions about how SoftBank plans to fund these joint ventures and whether it will need to sell some of its holdings in companies such as ARM.

Bloomberg quotes people familiar with the matter as saying that dozens of financial players are reevaluating investments in data centers due to the growth of economic volatility, and SoftBank has not yet proposed a financing template for Stargate.

SoftBank Chief Financial Officer Yoshimitsu Goto said at a press conference Tuesday that media reports hesitantly funding SoftBank’s efforts were not true.

“We are making a lot of progress,” Goto said.

He added that as part of Stargate, there are about 100 proposals to build data centers, with the first facilities likely in Texas.

SoftBank's first annual profit in four years was 1.15 trillion yen.

While visual funds are generally a drag on profits, this is SoftBank’s huge gains in old investments Alibaba,,,,, T-Mobile and Deutsche Telecom, which helps drive its overall profits.

Arm and Softbank's telecommunications business also contributed positively to the group's overall profitability.