Junichi Miyakawa To Lead SoftBank Corp. As President & CEO; Ken Miyauchi To Oversee Entire Group

SoftBank Corp. (SFTBY.PK,SFTBF.PK) said Junichi Miyakawa will lead the management of the company as President & CEO. He has been CTO for many years at the company. Ken Miyauchi, as Chairman, will oversee the entire Group. Masayoshi Son, currently Chairman of the Board of Directors, will be Board Director, Founder. The changes are effective as of April 1, 2021.

SoftBank Corp. said the company believes that to achieve sustainable growth as a listed company, it needs to make changes to management at appropriate times and pass on the strengths of its current management system to future generations.

In March, the business integration between the company's unit Z Holdings and LINE Corp. is planned. The structure of SoftBank Corp. Group will change significantly in the spring of 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The Goldman Sachs Group, Inc. (GS) reported that its third quarter net earnings applicable to common shareholders increased 63 percent year-on-year. Net revenues were also significantly higher reflecting significantly higher net revenues in Investment Banking, Global Markets and Consumer & Wealth Management,... Butterball, LLC recalled about 14,107 pounds of ground turkey products for potential contamination with foreign materials, specifically blue plastic material, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) said in a statement. Specialized Bicycle Components, Inc. is recalling about 6,900 units of Tarmac SL7 Bicycles and Framesets for potential risk of fall and injury hazard, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the bicycle's fork steerer tube can crack or break after harsh impact such as hitting a deep pothole or other stress event, posing fall and injury hazards.
Follow RTT