The founder of Japanese electronics manufacturer Kyocera Corp. has passed away, the firm said on Tuesday.
Kyocera said in a statement on August 24 that 90-year-old Inamori passed away at his residence in Kyoto due to old age.
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With an initial investment of 3 million yen ($21,691.91), he established Kyocera, then known as Kyoto Ceramic Co., in 1959. About 60,000 people work for the multinational company, which makes a wide range of things, from electrical parts to kitchen knives.
In 2010, Inamori was named CEO of the bankrupt Japan Airlines Co., and in 2012, he helped the company reorganise and get back on the Tokyo Stock Exchange.
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Inamori was the honorary chairman of Kyocera and a Buddhist priest through ordination.
$1 = 138.4600 yen)
