Yasumitsu Shigeta

Yasumitsu Shigeta is a President & Director at Masa YK, Tetsu YK, Hikari Power Ltd., a Chairman & Chief Executive Officer at Hikari Tsushin, Inc.

  • Shigeta is CEO of Tokyo-listed Hikari Tsushin, which sells mobile phones at its HIT Shop chain of stores.
  • The company also sells insurance and office equipment.
  • He founded Hikari Tsushin in 1988.
  • His wealth peaked at $42 billion before the dotcom crash in 2001 wiped out much of his fortune.
  • He rejoined the Forbes billionaires list in 2005 when shares of Hikari Tsushin rebounded.