Yahoo Japan's sales fell 4% Y/Y in Q3 to $992M, but its net income rose 15% to $365M. The Japanese Web portal's shares are trading close to their 52-week high in Tokyo. Yahoo's stake has a current market value of ~$12B.
Okumoto is the latest of several execs to leave Yahoo's struggling Asia-Pac unit. Yahoo's own Asia-Pac revenue (ex-TAC), pressured by the mobile shift, fell 10% Y/Y in Q4 to $195M (16% of total revenue).