Masayoshi Son Outlines Succession Plan, Eyes Ten More Years at SoftBank Helm
Jun 27, 2025

Masayoshi Son Outlines Succession Plan, Eyes Ten More Years at SoftBank Helm

AI-summarised brief · reviewed before publication

Masayoshi Son, the billionaire founder of SoftBank Group, addressed concerns among investors about his succession plan during a general shareholders' meeting in Tokyo on Friday. Son revealed that he has several candidates in mind to succeed him as the chief of the Japanese technology group, although he did not disclose their identities. The candidates, who work alongside Son on a daily basis, are being groomed to take the reins in the future. Son, who is 67 years old, stated that he plans to lead SoftBank for another ten years. He emphasized that he is healthy and intends to continue leading the company, but added that if he were to become a barrier to growth, SoftBank should move to its next phase. During the meeting, Son praised Junichi Miyakawa, the head of SoftBank's telecom unit, who is responsible for rolling out AI infrastructure within Japan. Son described Miyakawa's performance as "an extremely solid job" and expressed his trust in him, stating that he has rarely felt the need to intervene in Miyakawa's work. SoftBank's shares rose as much as 3.2 per cent following Son's comments, which were seen as a positive development for the company. The news also boosted the Nikkei Stock Average. In the past, several executives, including Nikesh Arora, Marcelo Claure, and Katsunori Sago, were seen as potential successors to Son. However, all of them have left SoftBank. Son reiterated his passion for working tirelessly for the next ten years to realize an era where artificial intelligence is pervasive in society. SoftBank's ability to finance big bets relies heavily on the fervent support of Japanese retail investors, who have been quick to invest in the tech investor's bonds. Many had voiced concerns about what would happen to the technology group after Son's eventual departure.