Masatoshi ito biography

  • Masatoshi ito biography
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    Masatoshi ito biography

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  • Masatoshi Ito

    Japanese businessman (1924–2023)

    Masatoshi Itō

    Born(1924-04-30)30 April 1924

    Tokyo, Japan

    Died10 March 2023(2023-03-10) (aged 98)
    OccupationBusinessman
    Known forOwner, founder, and honorary chairman of Ito-Yokado
    Children3

    Masatoshi Itō (伊藤 雅俊, Itō Masatoshi, 30 April 1924 – 10 March 2023) was a Japanese businessman and founder of Ito-Yokado.

    Early life and career

    Itō was born in Tokyo on 30 April 1924. His parents, Senzo and Yuki Itō, operated a dry goods shop named Yokado.[1] After finishing high school, Itō had a short stint in the Japanese military and working at what would become Mitsubishi Materials before returning to work at his parents' shop.[1][2] Following the death of his brother in 1956, Itō took over Yokado, which was then a clothing shop.

    He soon renamed the company Ito-Yokado.[1][3]

    Itō was the owner, founder and honorary chairman of the $30 bil