Who Is Akio Mimura?

Akio Mimura is a prominent Japanese businessman who served as chair and president of Nippon Steel Corp. He has held a variety of positions in the Japanese business world, as well as chair and honorary positions across many companies and organizations. He is currently the 19th chair of the Japan Chamber of Commerce and Industry.

Key Takeaways

  • Akio Mimura was the long-serving chair and president of the Japanese company Nippon Steel.
  • He also serves on the board of directors for other prominent Japanese firms and organizations.
  • Mimura is currently the 19th chair of the Japan Chamber of Commerce and Industry.
  • He earned his bachelor's degree in Japan and an MBA from Harvard Business School.
  • Mimura started his career at what was then Fuji Iron & Steel, rising in ranks until he headed what by then had become Nippon Steel.
Akio Mimura

Alison Czinkota / Investopedia

Early Life and Education

Akio Mimura was born on Nov. 2, 1940, in the Gunma Prefecture in Japan. He received a Bachelor of Arts degree in faculty economics in 1963.

Immediately after graduating from the University of Tokyo, Mimura began working at what was then known as Fuji Iron & Steel in 1963. He was 22 years old at the time. He gradually rose up the corporate ladder, holding an assortment of positions, most of which related to marketing and sales. Along the way, he also earned an MBA from Harvard Business School, graduating in 1972.

He proved very successful in these roles and continued to rise to higher positions within the company, obtaining the title of Managing Director in 1997.

Notable Accomplishments

Akio Mimura has a long and impressive history in the Japanese business and financial industries. He spent decades working his way up through the corporate world until he attained the top realms of leadership positions.

He eventually reached an elite level of prominent Japanese business executives. He would also serve in high-ranking posts on many Japanese and global boards and committees.

Akio Mimura became Executive Vice President of Nippon Steel Corporation in April 2000. He was then named president of the company in 2003 and became chair in 2008.

The largest steel-producing company in the world is China Baowu Group. The second-largest is ArcelorMittal, which was formed when the Indian company, Mittal Steel, acquired the Luxembourg company, Arcelor.

He earned the distinction of being the company's first chief executive to meet with foreign investors outside of Japan. He has also held prominent leadership roles with major steel organizations such as the Japan Iron and Steel Federation and the World Steel Association.

In 2013, he was appointed as Honorary Chair at Nippon Steel & Sumitomo Metal Corporation. He also serves as the chair of the Japan Chamber of Commerce and Industry. In addition, he holds the position of Chair of the Japan-Australia Business Cooperation Committee.

As a reward for his efforts in that role, the Australian government in 2012 bestowed Mimura with the symbolic title of Honorary Companion for what was identified as his exemplary service in building strong relationships between the two countries.

Does Akio Mimura Still Head Nippon Steel?

Akio Mimura no longer heads Nippon Steel. The current president of the company is Eiji Hashimoto. The representative director and chairman is Kosei Shindo. The executive vice presidents are Akio Migita, Naoki Sato, and Takahiro Mori.

What Is Akio Mimura's Net Worth?

There are no official figures available for Mimura's net worth, but his net worth is estimated to range between $1 million and $5 million. He spent the bulk of his career working at Nippon Steel, eventually becoming the head of the company.

Who Is the Chairman of the Tokyo Chamber of Commerce and Industry?

The chairman of the Tokyo Chamber of Commerce and Industry is Akio Mimura. Mimura also holds many other important positions across Japanese businesses and organizations.

The Bottom Line

Akio Mimura is a Japanese businessman who has held prominent positions throughout the Japanese business world, sitting on the board or serving as chairman for many Japanese companies and organizations. He headed Nippon Steel, which, as of the latest figures from 2020, was the fifth-largest steel producer in the world.

As the chairman of the Japan Chamber of Commerce and Industry, he shapes business and financial decisions throughout the country. His prominent positions over his career have greatly shaped the Japanese business environment.

Article Sources

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  1. Nikkei Global Management Forum. "Speaker Profile."

  2. World Steel Association. "Top Steel-Producing Companies 2020."

  3. World Steel Association. "Worldsteel Chairman Since 1967."

  4. Reference for Business. "Akio Mimura."

  5. Australia Japan Business Co-operation Committee. "About the AJBCC."

  6. The Japan Chamber of Commerce and Industry. "About JCCI."

  7. Nippon Steel. "Presentation of the Title of Honorary Chairman."

  8. Australian National University. "ANU Honours Leaders of Australia-Japan Relationship."

  9. Nippon Steel. "Corporate Profile."

  10. Wikibioall. "Akio Mimura (Businessman) Wiki, Biography, Age, Wife, Net Worth, Family, Instagram, Twitter, and More Facts."

  11. The Japan Chamber of Commerce and Industry. "Principal Officers."

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