• Kyodo

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Yahoo Japan Corp. has announced that Nikesh Arora, vice chairman of its biggest shareholder, SoftBank Corp., will replace Masayoshi Son as chairman, subject to shareholder approval at the company’s annual general meeting in June.

Son, who has been chairman since July 1996, will remain a board member of Yahoo Japan, which was established by SoftBank and Yahoo! Inc. of the United States in January that year.

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