SoftBank CEO Son's pay fell by half last year


FILE PHOTO: SoftBank Corp. placard is prepared during a ceremony to mark the company's debut on the Tokyo Stock Exchange in Tokyo, Japan December 19, 2018. REUTERS/Issei Kato

TOKYO (Reuters) -SoftBank Group Corp Chief Executive Masayoshi Son's remuneration for the past business year fell by 52% to 100 million yen ($915,000) including basic pay, a filing from the Japanese conglomerate showed on Thursday.

The disclosure ahead of SoftBank's annual general meeting on June 23 follows a turbulent year which saw the group pounded by the COVID-19 pandemic before rebounding to record profit on market appetite for its technology investments.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

EU court adviser backs data privacy activist Schrems in Meta fight
Spotify says Apple has rejected its app update with price information for EU users
Amazon to invest $11 billion in Indiana to build data centers
IBM falls as enterprise-spending constraints choke consulting demand
US agency to vote to restore net neutrality rules
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
AI spending worries cast gloom over Alphabet, Microsoft
Electric cars and digital connectivity dominate at Beijing auto show
Most global tech leaders see their companies unprepared for AI

Others Also Read