Kazuo inamori, director emeritus of ritsumeikan inamori. The next year, he returned the carrier to profit and led it out of bankruptcy. He told the bbcs mariko oi that he was an amateur in the. Before kazuo inamori, founder of electronics firm kyocera corp, was brought in as chairman of bankrupt japan airlinesin 2010 he avoided flying on the carrier because he thought the service was bad. In 2011, he received the othmer gold medal for outstanding contributions to progress in science and chemistry. Inamori leads jals restructuring kazuo inamori kyocera. New jal ceo to oversee major changes travel retail business. Its main hubs are tokyos narita international airport and tokyo international airport haneda airport, as well as osakas kansai international airport and osaka international airport. Jan 14, 2010 kazuo inamori, the 77yearold honourary chairman of kyocera electronics and an ordained buddhist priest has agreed to become the new ceo of japan airlines after haruka nishimatsu made it known that he will resign as part of the restructuring expected shortly under the auspices of the stateowned enterprise turnaround initiative corporation. Beer with boss kazuo inamori helps japan airlines revival bbc.
Over the years, inamori codified his beliefs about management and business into what is known as the kyocera philosophy. Jan, 2010 japans government has turned to kazuo inamori, one of the countrys most revered entrepreneurs, and founder of the kyocera technology group, to lead japan airlines out of its looming bankruptcy. Japan airlines seeks expansion under new president. Kazuo inamori, the founder of electronics maker kyocera corp, agreed on wednesday to become the new chief executive of japan airlines, as the carriers shares plunged ahead of. After over three decades of service and expansion, the airline was fully privatised in 1987. Masaru onishi as president, both assuming office from february 1, 2010, the newlyappointed.
Regarding japan, jetstar ceo bruce buchanan was recently quoted saying. Mar 10, 2019 at the age of 77, inamori became the ceo of japan airlines when it entered bankruptcy protection on january 19,and led the air carrier through its restructuring, eventually allowing the company to relist on the tokyo stock exchange in november he also explained the social significance of their work and outlined buddhistinspired principles for how employees should live, such as being inamorri. We respect that this was an important decision for japan airlines and the government of japan, and we believe they have made the right choice for jals many stakeholders, for japan s national interests and for consumers traveling between japan and the united states, said gerard arpey, americans chairman and ceo. Inamori leads jals restructuring using the kyocera philosophy to rebuild jal. Japan airlines ceo worked for 3 years without pay to save the company. Buddhist priest who became a billionaire snubbing investors the economic times. Amoeba management is a unique management method that inamori created while striving to uphold kyoceras management rationale.
Kazuo inamori, director emeritus of ritsumeikan inamori philosophy research center the significance of rita no kokoro for business administration june 25, 2015 at ritsumeikan university osaka ibaraki campus 1. Jal is now widely reported to be preparing itself for. Onamori companies inamori has led are connected by. Amoeba management begins with dividing an organization into small units called amoebas. How a buddhist monk turned ceo revived japan airlines from. Foul language kazo inciting hatred against a certain community others. How japan s flagship airline nearly went bust and was saved by a buddhist monk turned ceo dr inamori kazuo. The worlds biggest turnaround story japan airlines. Nov 29, 2012 japan airlines jal went bankrupt on january 19, 2010, kazuo inamori turned around jal, and jal went public again on tokyo stock exchange on september 19, 2012, returning substantial profit for the enterprise turnaround initiative corporation of japan fund.
Jal, right, attends a news conference with masaru onishi, president and chief operating officer, in tokyo. Nov 05, 2015 when inamori was named chief executive of japan airlines in 2010, he was 77 and had no experience in the industry. When inamori was named chief executive of japan airlines in 2010, he was 77 and had no experience in the industry. Kazuo inamori, the chairman of japan airlines, says he needed some persuading before he took up the job at the governments request. Kazuo inamori is a japanese philanthropist, entrepreneur and the founder of kyocera and kddi. We also look at the transformational leadership of its ceo in 2010, kazuo inamori, who successfully led the. It has been my golden rule since i founded kyocera when i was 27. Inamori kazuo pdf forget it, says kazuo inamori, entrepreneur, management guru and buddhist priest. Inamori was appointed as the president of japan airlines in february 2010. This was one of the many contributions of kazuo inamori, the 79year old. Japan airlines jal filed for bankruptcy protection.
Pdf buddhism in the life and philosophy of kazuo inamori. At the age of 77, inamori became the chief executive officer of japan airlines when it entered bankruptcy protection on january 19, 2010, and led the air carrier through its restructuring, eventually allowing the company to relist on the tokyo stock exchange in november 2012. Billionaires with eye on white house to visit key states. Kazuo inamori, chairman and chief executive officer of japan airlines corp. Chairman emeritus kazuo inamori will retire from jals board of directors on march 31, effectively giving its management a freer hand, a source. Representative director, chairman, japan airlines co.
At the age of 77, inamori became the ceo of japan airlines when it entered bankruptcy protection. Jan 28, 2009 a private jet is an american ceos perk. Kazuo inamori is quietly explaining what he found when he took over as chairman of nearbankrupt japan airlines in. Japan airlines, jair, jal express, and japan transocean air are members of the oneworld airline alliance network. Kazuo inamori, founder of kyocera and kddi, has become a famous figure in japan now with his rescue of japan airlines. Recently named ceo of japan airlines, author inamori is the founder of. Japan airlines has achieved an outstanding recovery. The book is written as a philosophical business manual, but it really is a. Each amoeba leader is responsible for drafting plans and goals for the unit. Aug 03, 2019 kazuo inamori is the founder and chairman emeritus of manufacturing firm kyocera. Forgetting my position as the president of a mediumsized company in. Former japan airlines ceo reminds us of what a great boss should really be like once in a while, employees, entrepreneurs and ceos alike could use a reminder of what a real business leader looks like. Jal was established in 1951 and became the national airline of japan in 1953.
Kyocera produces electronic equipment and components for. He is the founder and honorary president of kyocera corporation, f. How japans flagship airline nearly went bust and was saved by a buddhist monk turned ceo dr inamori kazuo. At the age of 77, inamori became the ceo of japan airlines when it entered bankruptcy protection on january 19,and led the air carrier through its restructuring, eventually allowing the company to relist on the tokyo stock exchange in november for the love of gifts. Buddhism in the life and philosophy of kazuo inamori. Kazuo inamori, who made a quick turnaround of japans former flagship airliner, says that jal employees should remain humble in an interview with the wall street journal. Jun 20, 2019 fill in your inamoori tritton at kyocera international, inc. Jan 14, 2010 its a good thing kyocera founder kazuo inamori is also an ordained buddhist monk, because hell need all the assistance he can getdivine or otherwiseto tackle his latest challenge japan s. Kazuo inamori, chairman of japan airlines, explains how chats over.
Comments by american airlines ceo gerard arpey on japan. Kyocera produces electronic equipment and components for semiconductors, telecom equipment and more. Kyocera founder inamori named jal chief financial times. The worlds biggest turnaround story japan airlines relists. This is jals japan airlines corporate website,where you can view corporate information, safetyflight information, and csr information, etc. Jan, 2010 kazuo inamori, the founder of electronics maker kyocera corp, agreed on wednesday to become the new chief executive of japan airlines, as the carriers shares plunged ahead of its expected bankruptcy. Jul 31, 2012 jals ceo kazuo inamori has issued a booklet espousing its jal philosophy. Wikimedia commons has media related to kazuo inamori. Vijay mallya needs to take lessons from kazuo inamori. Tokyo the incoming president of japan airlines appears ready to explore new avenues for growth while keeping a firm grip on costs, c japan airlines seeks expansion under new president nikkei. Buddhist priest who became a billionaire snubbing investors kyoceras inamoris lessextreme capitalism is a product of japanese society, which he says is less willing to accept gaps between haves and havenots than western economies. Importantly, it was announced on february 8 that ba and jal had finally.
In january 2010, japan airlines jal filed for bankruptcy protection under the corporate rehabilitation law with the largest debt of any company since the end of wwii. Nov 15, 2012 kazuo inamori, the chairman of japan airlines, says he needed some persuading before he took up the job at the governments request. Its a good thing kyocera founder kazuo inamori is also an ordained buddhist monk, because hell need all the assistance he can getdivine or otherwiseto. Kazuo inamori chairman japan airlines s outhwest airlines ceo gary kelly entered 2010 at the helm of a carrier whose growth had been stunted for the first time in its history. Apr 01, 2020 kaauo when inamori was named chief executive of japan airlines inhe was 77 and had no experience in the industry.
He was appointed at the ripe old age of 78 as chairman of jal in 2010 after it had entered bankruptcy. Jul 30, 2012 when kazuo inamori took on the task of leading the turnaround of japan airlines co. Jal, nihon kk kabushikigaisha, also known as nikk, is an international airline, japan s flag carrier, headquartered in shinagawa, tokyo. Beer with boss kazuo inamori helps japan airlines revival. Japan airlines began the 1990s with flights to evacuate japanese citizens from iraq before the start of the gulf war.
May 28, 2017 kazuo inamori, kyocera founder, on altruism in business. Ambitious relisting plans in an uncertain environment february 2012 download pdf. Former japan airlines ceo reminds us of what a great boss. Japan airlines president yoshiharu ueki, chairman kazuo inamori and. Inamori became the ceo of japan airlines when kwzuo entered bankruptcy protection on january 19,and led the air carrier through its restructuring, eventually allowing the company to relist on the tokyo stock exchange in november his brand. Kazuo inamori, inamori kazuo, born january 21, 1932 is a japanese philanthropist, entrepreneur and the founder of kyocera and kddi. It is hard to make sense of this, because such booklets range all the way from empty selfpromotion to profound changes of organizational culture and operations. At the urging of the government, inamori accepted the position of chairman in order to restructure jal. Nov 15, 2012 kazuo inamori, chairman of japan airlines, explains how chats over beer helped him plot the revival of the firm from bankruptcy. When kazuo inamori took on the task of leading the turnaround of japan airlines co.
Kazuo inamori is quietly explaining what he found when he took over as chairman of nearbankrupt japan airlines in 2010. Forget it, says kazuo inamori, entrepreneur, management guru and buddhist priest. Kazuo inamori is the founder and chairman emeritus of manufacturing firm kyocera. Kazuo inamori, founder of kyocera and kddi, weaves together his buddhist faith and. Chemical heritage foundation kazuo inamori transcript. Jals former ceo did everything possible to cut costs, even took a bus to work, cut his pay. Apr 18, 20 kazuo inamori, who made a quick turnaround of japan s former flagship airliner, says that jal employees should remain humble in an interview with the wall street journal. He comes to work on the city bus, cbs news correspondent barry petersen reports. Japans government has turned to kazuo inamori, one of the countrys most revered entrepreneurs, and founder of the kyocera technology group, to. Japan airlines ceo worked for 3 years without pay to save.
Kazuo inamori, kyocera founder, on altruism in business. Executive officers about jal japan airlines corporate. Is rita no kokoro necessary for corporate management. Jal too he has published a manual jal philosophy handbood and it contains various. How inamori rescued japan airlines by scolding management. Kazuo inamori the international bestseller a compass to fulfillment is a spiritual. Japan airlines gets new ceo as bankruptcy looms reuters. In october 1990, japan air charter was established, and, in september 1996, an agreement with the walt disney company made japan airlines the official airline of tokyo disneyland. Jun 21, 2019 at the age of 77, inamori became the ceo of japan airlines when kwzuo entered bankruptcy protection on january 19,and led the air carrier through its restructuring, eventually allowing the company to relist on the tokyo stock exchange in november his brand of happiness inakori from working harder than anyone else.
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