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. Former japan airlines ceo reminds us of what a great boss. Beer with boss kazuo inamori helps japan airlines revival bbc. Inamori leads jals restructuring kazuo inamori kyocera. Jal, right, attends a news conference with masaru onishi, president and chief operating officer, in tokyo. Buddhist priest who became a billionaire snubbing investors the economic times. Japan airlines ceo worked for 3 years without pay to save. Kazuo inamori born january 30, 1932, japanese entrepreneur. Chemical heritage foundation kazuo inamori transcript. When kazuo inamori took on the task of leading the turnaround of japan airlines co.
Regarding japan, jetstar ceo bruce buchanan was recently quoted saying. Jal, nihon kk kabushikigaisha, also known as nikk, is an international airline, japan s flag carrier, headquartered in shinagawa, tokyo. This is jals japan airlines corporate website,where you can view corporate information, safetyflight information, and csr information, etc. Foul language kazo inciting hatred against a certain community others. Jal was established in 1951 and became the national airline of japan in 1953. Representative director, chairman, japan airlines co. At the urging of the government, inamori accepted the position of chairman in order to restructure jal. 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. 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. Aug 03, 2019 kazuo inamori is the founder and chairman emeritus of manufacturing firm kyocera. Kyocera founder inamori named jal chief financial times. After over three decades of service and expansion, the airline was fully privatised in 1987. 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. Jul 30, 2012 when kazuo inamori took on the task of leading the turnaround of japan airlines co.
The next year, he returned the carrier to profit and led it out of bankruptcy. 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, founder of kyocera and kddi, has become a famous figure in japan now with his rescue of japan airlines. 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. Executive officers about jal japan airlines corporate. The worlds biggest turnaround story japan airlines. Kazuo inamori the international bestseller a compass to fulfillment is a spiritual. Importantly, it was announced on february 8 that ba and jal had finally. 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. Masaru onishi as president, both assuming office from february 1, 2010, the newlyappointed. Kazuo inamori is quietly explaining what he found when he took over as chairman of nearbankrupt japan airlines in.
Over the years, inamori codified his beliefs about management and business into what is known as the kyocera philosophy. May 28, 2017 kazuo inamori, kyocera founder, on altruism in business. Kazuo inamori is a japanese philanthropist, entrepreneur and the founder of kyocera and kddi. 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. Kazuo inamori, founder of kyocera and kddi, weaves together his buddhist faith and. 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.
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. How japans flagship airline nearly went bust and was saved by a buddhist monk turned ceo dr inamori kazuo. How a buddhist monk turned ceo revived japan airlines from. Recently named ceo of japan airlines, author inamori is the founder of. The worlds biggest turnaround story japan airlines relists. The book is written as a philosophical business manual, but it really is a. 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. 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.
Kazuo inamori, director emeritus of ritsumeikan inamori. Billionaires with eye on white house to visit key states. Japan airlines ceo worked for 3 years without pay to save the company. We also look at the transformational leadership of its ceo in 2010, kazuo inamori, who successfully led the. Japan airlines, jair, jal express, and japan transocean air are members of the oneworld airline alliance network. 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 beer helped him plot the revival of the firm from bankruptcy.
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. Kazuo inamori is quietly explaining what he found when he took over as chairman of nearbankrupt japan airlines in 2010. Chairman emeritus kazuo inamori will retire from jals board of directors on march 31, effectively giving its management a freer hand, a source. Inamori kazuo pdf forget it, says kazuo inamori, entrepreneur, management guru and buddhist priest. Kazuo inamori, the chairman of japan airlines, says he needed some persuading before he took up the job at the governments request.
Jal is now widely reported to be preparing itself for. He was appointed at the ripe old age of 78 as chairman of jal in 2010 after it had entered bankruptcy. Buddhism in the life and philosophy of kazuo inamori. How inamori rescued japan airlines by scolding management.
Comments by american airlines ceo gerard arpey on japan. Ambitious relisting plans in an uncertain environment february 2012 download pdf. In 2011, he received the othmer gold medal for outstanding contributions to progress in science and chemistry. Jals former ceo did everything possible to cut costs, even took a bus to work, cut his pay. Inamori leads jals restructuring using the kyocera philosophy to rebuild jal. He comes to work on the city bus, cbs news correspondent barry petersen reports. Japan airlines has achieved an outstanding recovery.
Pdf buddhism in the life and philosophy of kazuo inamori. When inamori was named chief executive of japan airlines in 2010, he was 77 and had no experience in the industry. Japan airlines began the 1990s with flights to evacuate japanese citizens from iraq before the start of the gulf war. Wikimedia commons has media related to kazuo inamori. 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. According to an interview with him in last weeks diamond magazine japanese, he had to scold jals management every day at the beginning. How japan s flagship airline nearly went bust and was saved by a buddhist monk turned ceo dr inamori kazuo. After many years of entanglement with serious operational problems, it had become a great untidy mess that nobody could unravel. This was one of the many contributions of kazuo inamori, the 79year old. 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. 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. Vijay mallya needs to take lessons from kazuo inamori. Kazuo inamori, chairman of japan airlines, explains how chats over.
Beer with boss kazuo inamori helps japan airlines revival. Kyocera produces electronic equipment and components for semiconductors, telecom equipment and more. Apr 01, 2020 kaauo when inamori was named chief executive of japan airlines inhe was 77 and had no experience in the industry. Jun 20, 2019 fill in your inamoori tritton at kyocera international, inc. Amoeba management begins with dividing an organization into small units called amoebas. Jul 31, 2012 jals ceo kazuo inamori has issued a booklet espousing its jal philosophy. Is rita no kokoro necessary for corporate management. Onamori companies inamori has led are connected by. 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. Japan airlines gets new ceo as bankruptcy looms reuters. Kyocera produces electronic equipment and components for. Each amoeba leader is responsible for drafting plans and goals for the unit. Inamori was appointed as the president of japan airlines in february 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. Japan airlines seeks expansion under new president. 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. New jal ceo to oversee major changes travel retail business. 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. Forgetting my position as the president of a mediumsized company in. Kazuo inamori is the founder and chairman emeritus of manufacturing firm kyocera.
Kazuo inamori, chairman and chief executive officer of japan airlines corp. He told the bbcs mariko oi that he was an amateur in the. Japans government has turned to kazuo inamori, one of the countrys most revered entrepreneurs, and founder of the kyocera technology group, to. Amoeba management is a unique management method that inamori created while striving to uphold kyoceras management rationale. 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. Japan airlines jal filed for bankruptcy protection. Forget it, says kazuo inamori, entrepreneur, management guru and buddhist priest. Jan 28, 2009 a private jet is an american ceos perk. It has been my golden rule since i founded kyocera when i was 27. Kazuo inamori, kyocera founder, on altruism in business.