Softbank, a major telecommunications company, announced on the 1st that President Junichi Miyagawa, who took office, will purchase his own shares on a scale of 20 billion yen as an individual.
As a top management, he aims to broadly show that he is responsible for improving business performance.
According to Softbank's announcement, President Miyagawa, who took office on the 1st, will purchase his own shares from the market on a scale of 20 billion yen with the funds borrowed from the company as an individual.
The purchase will begin on the 2nd, and President Miyagawa's stake is expected to rise from 0.01% as of March 31 to 0.3%.
President Miyagawa said that while discussing the ideal form of management responsibility with the founding director Masayoshi Son and other management teams, the idea came out, and the aim is to broadly show that top management is responsible for improving business performance. is.
President Miyagawa commented, "By holding shares as an individual, I would like to share with all concerned parties the determination to overcome any changes in the business environment and the strong desire for business growth."