SoftBank's Potential Investment in OpenAI May Affect Credit Rating

SoftBank Group is set to release its third-quarter financial report next week, marking the first opportunity for the Japanese tech giant to address reports of its consideration to increase investment in OpenAI. According to Jin10, industry research suggests that expanding its current 11% stake could pressure its credit rating. Reports indicate that a $30 billion investment increase might push the group's debt-to-equity ratio to a 35% downgrade trigger point, potentially necessitating at least $15 billion in asset sales and margin loans to maintain the ratio below 25%. Following Toyota Motor's earnings release later today, Nissan Motor and Honda Motor are the next automakers scheduled to announce their financial results. Given all three companies' exposure to the U.S. market, a weaker yen is considered beneficial for them.