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SoftBank Sets Record for Japan With $135 Million Pay Package

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SoftBank Corp.’s push into global markets is bringing record-setting executive pay to Japan, breaking with the country’s tradition of low compensation relative to the U.S. and Europe.

Nikesh Arora, billionaire Chairman Masayoshi Son’s pick to lead the mobile carrier’s expansion abroad, earned about 16.6 billion yen ($135 million) between joining the company in September and the end of March. SoftBank Director Ronald Fisher earned 1.79 billion yen last fiscal year, the highest on record for a Japanese company board member, according to Tokyo Shoko Research Ltd.