People walk past a retail shop of the SoftBank telecommunications company in Tokyo, Japan, May 10, 2016. REUTERS/Thomas Peter/File Photo
TOKYO: SoftBank Group investors shrugged off the surprise departure of the heir apparent at the Japanese Internet and telecoms conglomerate, welcoming founder Masayoshi Son's decision to stay in the top seat for longer.
Nikesh Arora, a former Google executive, joined Softbank in 2014 and was named as the next chief executive by Son last year. He invested heavily in SoftBank stock last year.
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