Business Standard

SoftBank CEO Masayoshi to skip earnings call for first time as tech slumps

The founder and chief executive of the world's largest tech investor bade farewell in November to the earnings presentations he's led for decades

Masayoshi Son
Premium

Photo: Bloomberg

Min Jeong Lee & Takahiko Hyuga | Bloomberg
SoftBank Group Corp. is staring at another quarter of bleak results, but for the first time on record, Masayoshi Son is going to miss the earnings call.
 
The founder and chief executive of the world’s largest tech investor bade farewell in November to the earnings presentations he’s led for decades, saying he was going to focus on taking chip designer Arm Ltd. public. 

The unenviable task of fielding investors’ concerns when the company announces its third-quarter results on Tuesday, will be the sole responsibility of Son’s top lieutenant, Chief Financial Officer Yoshimitsu Goto. 

“This is a negative given Masa’s management

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in