He is leaving the post to focus on running his own business, Softbank spokeswoman Hiroe Kotera said. The founder of fashion chain Uniqlo has served as a Softbank board member since June 2001. With this departure, Softbank investors lose one of the few board members capable of standing up to Son. The value of Softbank’s investment portfolio could grow 33-fold to ￥200 trillion (US$1.8 trillion) in 20 years, he said. Alibaba Group Holding Ltd (阿里巴巴) founder Jack Ma (馬雲) is an external director, but Alibaba counts Softbank as its biggest shareholder.

Source: Taipei Times December 27, 2019 15:56 UTC