04 April 2011


Mr Masayoshi Son, president of Japanese telecommunication giant Softbank, will donate 10 billion yen to support victims of the 11 March 2011 earthquake and tsunami, according to AFP quoting the company.

Mr Son also plans to donate all remuneration that he will receive as the head of Softbank group from the current fiscal year until his retirement in order to support children who lost their parents due to the disaster.  Mr Son, who is in his 50s, has said that he plans to hand over control of Softbank when he is in his 60s.

Separately, Softbank group will provide one billion yen in aid for the victims and relief fund for the reconstruction of the disaster-hit area.

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