SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3)* Yahoo! Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 984332-10-6 ------------------------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with this statement [_]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 5 pages- --------------------- CUSIP NO. 984332-10-6 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SOFTBANK Holdings Inc.* - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 13,922,842 Shares Common SHARES -------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY EACH -------------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON 13,922,842 Shares Common WITH -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,922,842 Shares - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 32.30% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- - -------- * SOFTBANK Holdings Inc. is a wholly-owned subsidiary of SOFTBANK Corporation. Mr. Son is the President and Chief Executive Officer of, and owns directly and indirectly approximately 50% interest in, SOFTBANK Corporation. Page 2 of 5 pages - --------------------- CUSIP NO. 984332-10-6 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SOFTBANK Corporation (IRS#: N/A) - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Japan - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 13,922,842 Shares Common SHARES -------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY EACH -------------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON 13,922,842 Shares Common WITH -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,922,842 Shares - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 32.30% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- Page 3 of 5 pages - --------------------- CUSIP NO. 984332-10-6 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Masayoshi Son (IRS#: N/A) - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Japan - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 13,922,842 Shares Common SHARES -------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY EACH -------------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON 13,922,842 Shares Common WITH -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,922,842 Shares - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 32.30% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- Page 4 of 5 pages After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 17, 1998 SOFTBANK HOLDINGS INC. By: /s/ Stephen A. Grant ----------------------------------------- Stephen A. Grant, Secretary SOFTBANK CORPORATION By: /s/ Stephen A. Grant ----------------------------------------- Stephen A. Grant, Attorney-in-Fact MASAYOSHI SON By: /s/ Stephen A. Grant ----------------------------------------- Stephen A. Grant, Attorney-in-Fact Page 5 of 5 pages
POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that Masayoshi Son and SOFTBANK Corporation (each a "Grantor") have made, constituted and appointed, and by these presents does make, constitute and appoint, each of Ronald D. Fisher and Stephen Grant (each an "Attorney"), the true and lawful agent and attorney-in-fact, with full power of substitution and resubstitution, of the Grantor, for and in Grantor's name, place and stead, in any and all capacities, to do all or any of the following acts, matters and things: 1. To sign on behalf of the Grantor statements on Schedule 13D or 13G, or amendment thereto pursuant to Section 13(d) under the Securities Exchange Act of 1934. 2. To do all such other acts and things as, in such Attorney's discretion, he deems appropriate or desirable for the purpose of filing such statements on Schedule 13D or 13G, or amendment thereto. 3. To appoint in writing one or more substitutes who shall have the power to act on behalf of the Grantor as if that substitute or those substitutes shall have been originally appointed Attorney(s) by this Power of Attorney and/or to revoke any such appointment at any time without assigning any reason therefor. The Grantor hereby ratifies and confirms all that said agents and attorneys-in-fact or any substitute or substitutes may lawfully do or cause to be done by virtue hereof. The words Grantor and Attorney shall include all grantors and attorneys under this Power of Attorney. IN WITNESS WHEREOF, the Grantor duly assents to this Power of Attorney by his signature as of the 17th day of February 1998. Masayoshi Son /s/ Masayoshi Son ------------------------------------ Masayoshi Son SOFTBANK Corporation /s/ Masayoshi Son ------------------------------------ Masayoshi Son, President and CEO