TOKYO -- Masayoshi Son, chairman and CEO of Japan's SoftBank Group, is canceling his speech at a major investment conference in Saudi Arabia.
Many executives from around the world have decided not to participate in the Future Investment Initiative, following the killing of Saudi journalist Jamal Khashoggi.
A spokesperson for the Riyadh event, which got underway earlier on Tuesday, said there is a possibility Son will still attend.
The Wall Street Journal had earlier reported that Son would not speak at the event.
After the Saudi journalist was killed in the Saudi consulate in Istanbul on Oct. 2, executives, including the CEO of U.S. ride-share giant Uber Technologies, canceled plans to attend the Future Investment Initiative.
The Saudi government-backed Public Investment Fund is putting up nearly half of SoftBank's 10 trillion yen ($89 billion) Vision Fund. The country is strengthening its ties with SoftBank and its portfolio of growing tech companies under the fund as part of its bid to reduce its economy's reliance on crude oil sales.
A SoftBank spokesperson did not immediately respond to a call from Nikkei.