#3099

Eiichi Kuriwada

Japan 79 years old

Overview

Source of Wealth
Package delivery
Industry
Logistics
Residence
Osaka
Education
Arai High School (High School Graduate)
Marital Status
Married
Children
3

Assets

  • SG Holdings Co.
    94,521,000 shares @ -
    -
    9143-JP

Biography

Eiichi Kuriwada's father, Kiyoshi Sagawa, founded a package delivery firm in 1957; now called Sagawa Express, it's Japan's No. 2 delivery outfit.

Sagawa Express parent SG Holdings listed its shares on the Tokyo Stock Exchange in December 2017.

Kuriwada is chairman and CEO of SG Holdings

Shares of the company had soared on the back of a jump in online buying during the pandemic but have since declined.

About

In the early 1990s, Sagawa Express was the focus of a scandal; an executive was convicted of paying off politicians.

Sagawa, a billionaire in 1992, resigned that year; neither he nor Kuriwada were charged as part of the scandal.