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6971 Kyocera News Story

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Japanese chipmaker Kyocera says founder Kazuo Inamori has died (updated)

(Changes attribution to company, details from 2nd paragraph.)
    TOKYO, Aug 30 (Reuters) - Kazuo Inamori, the founder of
Japanese electronics maker Kyocera Corp.  6971.T , has died, the
company said on Tuesday.
    Inamori, 90, passed away due to old age at his home in Kyoto
on the morning of Aug. 24, Kyocera said in a statement.
    In 1959, he founded Kyocera, then known as Kyoto Ceramic
Co., with an initial investment of 3 million yen ($21,666.91).
The conglomerate now has nearly 60,000 employees, making a range
of products from electronic components to kitchen knives.
    In 2010, Inamori was tapped to lead the bankrupt Japan
Airlines Co.  9201.T , helping it to restructure and relist on
the Tokyo Stock Exchange in 2012.
    Inamori was an honorary chairman of Kyocera and an ordained
Buddhist priest. 
 

($1 = 138.4600 yen)

 (Reporting by Mariko Katsumura and Rocky Swift; Editing by Kim
Coghill)
 ((Mariko.Katsumura@thomsonreuters.com;))

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