Kazuo Wada

Attachments

1930-1997 Yaohan
1997 However, Yaohan was unable to sustain its heavy loss and debt burden during the 1997 Asian financial crisis and declared bankruptcy. Almost penniless, Wada spent his later life running a consultancy for young Japanese entrepreneurs.
1997 In September 1997, Yaohan filed for bankruptcy with liabilities of 160 billion yen (US$1.5 billion), it was at the time Japan's largest post-war corporate failure.
2002 Yaohan Japan was restructured by Jusco and later renamed as MaxValu Tokai in 2002.[3] Wada was forced to sell his Hong Kong mansion for HK$375 million.[2]
Skyhigh (mansion)