Kazuo Inamori, who started the Japanese electronics and ceramics company Kyocera and later became a philanthropist praising fairness and hard work, has
died. He was 90. Kyocera said Tuesday that Inamori died on August 24 at his home in Kyoto of natural causes.
He was also the founder of the large telecommunications company KDDI Corp.
Inamori started Kyocera in 1959 to make insulators. His friends gave him 3 million yen ($22,000) to start the business.
Inamori came up with his management philosophy as he was trying to build his company. He put a lot of emphasis on people,
doing the right thing, and what he called "corporate character," which is the old-fashioned Japanese equivalent of professionalism and ethical standards.
His ideas were the first steps toward modernising Japan. They were based on the idea that workers and businesses should be driven by good intentions,
His ideas included principles about fair competition, the right way to make money, and the need for managers to be honest.
He also had ideas about how to live a good life as an individual, and he listed six: hard work, humility, reflection, gratitude, kindness, and detachment.
He once wrote, "Superiors who agree with their subordinates on everything may seem like caring bosses