Back to News
Oct 9, 2025 4:00 AM

Tokyo-Listed SoftBank Shares Climb 13% After ABB Robotics Deal Boosts Outlook

Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued at $5.4 billion.

Its shares closed up 11.4% at JPY 22,965 on Thursday, amid expectations that the company would benefit from its series of bets on artificial intelligence, thanks to the ongoing boom in the rapidly evolving technology.

SoftBank Touts ‘Physical AI’ Focus

SoftBank’s CEO Masayoshi Son announced the deal during Tokyo market hours on Wednesday, touting the company’s focus on “Physical AI.”

The move ...