Kunio Busujima Founder of Sankyo "Co. Kunio" Date of Birth: 01.01.1926 Country: Japan

1. Kunio Busujima: Founder and Chairman of Sankyo Co.
2. Early Career and Education
3. Founding Sankyo Co.
4. Financial Success and Global Presence
5. Recognition and Legacy

Kunio Busujima: Founder and Chairman of Sankyo Co.

Kunio Busujima is the founder and Chairman of the Board of Directors of Sankyo Co., a world-renowned Japanese manufacturer of "pachinko" gaming machines. With his family, Kunio Busujima's net worth is estimated at approximately $5 billion, with around $2 billion attributed to his personal earnings.

Early Career and Education

Before founding Sankyo Co. in 1966, Busujima worked at competing gaming machine manufacturer Heiwa. This invaluable experience served him well in his future business ventures. Additionally, Busujima's educational background played a significant role in his success. He graduated from a commercial technical school and earned a Bachelor of Science and Arts degree.

Founding Sankyo Co.

In 1966, Busujima established Sankyo Co., which initially focused on the production of pachinko machines. Similar to a children's version of billiards, pachinko has become immensely popular in Japan. As one of the few companies manufacturing such machines, Sankyo Co. has consistently increased its revenue over the years.

Financial Success and Global Presence

Sankyo Co.'s financial performance has soared due to the widespread popularity of pachinko in Japan. According to the Japan Amusement Business and Entertainment Association, the average player spends over 20,000 yen per visit to a pachinko parlor. This steady stream of customers, combined with regular patronage from high-stakes players, has led to significant profits for the company. Sankyo Co. has established its presence not only in its hometown of Kiryu, Japan, but also in Asia and Australia.

Recognition and Legacy

Kunio Busujima's entrepreneurial success has earned him recognition from Forbes magazine, which has included him in its list of billionaires around the world. With his four children involved in the company's operations, Sankyo Co.'s continued success and legacy are secure.