Yahoo Japan avoids TSE delisting after Softbank sells stake

[bill]

Yahoo Japan avoids TSE delisting after Softbank sells stake - report [forbes.com]
With the sale of shares by wholly owned Softbank Corp subsidiary BB Technology Corp earlier this year, the combined stake of top shareholder Softbank group and next biggest shareholder Yahoo! Inc of the US declined to slightly more than 74 pct as of the end of March, the business daily said.

But Softbank is not likely to sell any more of its shares, given the importance of cash cow Yahoo Japan to its group, it said.

Related: Softbank to cut Yahoo Japan stake [webmasterworld.com]

[redstorm]

Yeah, i also think softbank shouldn't hold so much shares of Yahoo Japan. As the shares of the public increases, Yahoo Japan will grow more and more healthy and will finally become a real "Public" company. :D