TOKYO — SoftBank Group Corp. has reported a return to profitability for the fiscal second quarter covering July to September, largely driven by favorable outcomes from its Vision Fund investments.

The Tokyo-based tech conglomerate revealed on Tuesday that it achieved a profit of approximately 1.18 trillion yen, equivalent to about $7.7 billion. This stands in stark contrast to a loss of 931 billion yen experienced during the same period last year.

Quarterly revenue experienced a modest rise of around 6%, totaling nearly 1.77 trillion yen, or about $11.5 billion. The company attributed part of this success to earnings derived from royalties and licensing associated with its stake in Arm, a prominent designer of computer chips, which serves various sectors including smartphones, data centers, networking hardware, automotive, consumer electronics, and artificial intelligence applications.

Additionally, the financial performance benefitted from a lack of losses tied to the firm’s investment in WeWork, the office-sharing company, which had previously impacted its financials. WeWork, having filed for Chapter 11 bankruptcy protection in 2023, successfully emerged from that process in June.

In recent months, SoftBank has also enjoyed gains from rising stock prices of certain invested entities, notably U.S.-based e-commerce firm Coupang, China’s mobility service provider DiDi Global, and Bytedance, the parent company of TikTok.

SoftBank’s financial outcomes are often volatile, reflective of its extensive and diverse investment portfolio including major entities like Yahoo, Alibaba, and Nvidia in the artificial intelligence domain. The company organizes its investments through a series of Vision Funds designed for various sectors.

Masayoshi Son, the founder of SoftBank, is recognized as a trailblazer in Japan’s technology investment landscape. Notably, SoftBank Group does not provide specific profit forecasts for its future earnings.