It was a mixed year for Japan’s superrich. Despite a 5% uptick in the Nikkei index, 31 of the 50 list members have smaller fortunes than a year ago
Nobutada Saji and family registered the biggest drop in net worth, falling $7.2 billion to an estimated $10.8 billion. Part of the decline resulted in new information clarifying that some of the Suntory stake previously attributed to the Saji family is owned by charitable entities and thus excluded from their net worth. The Saji fortune was further weighed down by weakness in global beer sales.
Four newcomers join the list. Takahisa Takahara debuts with a $5.2 billion fortune after he and his two siblings inherited the family stake in diaper firm Unicharm; his father, Keiichiro, who founded the company, died at age 87 in October 2018. Takahisa has been running Unicharm as CEO since 2001.
Notable drop-offs include Yoshiko Shinohara, Japan’s first self-made female billionaire. Shares of Persol Holdings, the temporary staffing company she founded, lost more than a third of their value in the past year. A 50% plunge in the shares of robot maker Cyberdyne knocked founder Yoshiyuki Sankai from the ranks.The list was compiled using information from the individuals, stock exchanges, analysts, company filings and other sources.
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