Japanese billionaire Yasumitsu has a net worth of $4.2 billion. Yasumitsu Shigeta is the chairman of Hikari Tsushin which sells cellphones in HIT stores. The company was established in 1988.
The company also sells office equipment as well as insurance. In 1988 he established Hikari Tsushin.
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Most of his fortune was wiped out in the 2001 dotcom crash. He is a a dropout from Nihon University.
Hikari Tsushin has 37 subsidiaries some of which are listed below:
- Network Consulting, Inc.
- ThinQ, Inc.
- hi-ho Inc.
- Premium Water Holdings, Inc.
- haluene, Inc.
- Grandata, Inc.
- HTB ENERGY Co., Ltd.
- Enecord, Inc．
- Sakura Insurance Inc.
- Sakura Small Amount and Short Term Insurance, Inc.
- EPARK, INC.
- CHIC Holdings, INC.
- Telecom Service Co., Ltd.
- J-Communication Inc.
- Member’s Mobile Inc.
- FTGroup CO., LTD.
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