Hajime Satomi

Hajime Satomi
Born Hajime Satomi
(1942-01-16) January 16, 1942[1]
Tokyo, Japan
Occupation CEO Director and Chairman of Sega Corp
Chairman and Director of Sammy Corporation
Chairman, CEO, President and Director of Sega Sammy Holdings[1][2][3]
Net worth DecreaseUS $1.1 billion (2006 Forbes) [4]

Hajime Satomi (里見 治 Satomi Hajime, born January 16, 1942) is a Business magnate who is the founder of Sammy Corporation, which merged with Sega to form the holding company Sega Sammy Holdings.

History

Hajime Satomi withdrew from Aoyama Gakuin University November 1975 and founded Sammy Corporation. Sammy experienced significant growth when it began manufacturing machines for the pachislot and pachinko industry (one of Japan's most popular forms of gambling) and was successfully listed on the First Section of the Tokyo Stock Exchange in March 2001. Sammy Corporation is now the leading manufacturer of pachislot and pachinko machines.

With 22% shares bought in 2003, Sammy then bought a controlling share 1.1 Billion dollars in Sega in 2004. Hajime Satomi heads the newly combined $4.5 billion (sales) group, now called Sega Sammy Holdings Inc. with its main businesses being those of Sammy Corporation and Sega Corporation.

Career highlights

At the Asia Business Leaders Award in 2005, The Sega Corporation named Satomi as the new chairman in a realignment of management, after the Sammy Corporation became Sega's biggest shareholder. Satomi, Sammy's president, succeeded Hisao Oguchi, who has now become vice chairman and chief creative officer of the new board. The announcement came two months after Sammy, bought 22.4 percent of Sega for 45.33 billion yen ($427 million), becoming the largest shareholder in the company.

Notes

References

Articles

Interviews

Business positions
Preceded by
Hisao Oguchi
CEO of Sega
2004–present
Succeeded by
Incumbent
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