Hisao Nagata

$1.25B
as of 07/05/24

About Hisao Nagata

Hisao Nagata is the founder and chairman of Trial Holdings, a discount supermarket chain with interests in retail IT and developing AI systems. His son Hiroyuki is a director.

Nagata's father, Oumi, opened a thrift store called Asahiya in 1974 in Fukuoka, which Hisao took over in 1981. Three years later, he changed the name to Trial Company and also started a software developer focusing on retail.

Trial has developed technology to decrease labor costs and increase efficiency, including self-checkout shopping carts and AI-powered cameras to gather shopper behavior data and monitor inventory.

Trial has over 300 stores in Japan and posted $4.4 billion in revenue in the fiscal year ended in June 2023.

In March 2024, Trial was listed on the Tokyo Stock Exchange's Growth bourse.

Personal stats

Citizenship

Japan

Source of wealth

Retail

Residence

Fukuoka, Japan

Birth date

05/24/56 (age 68)

Self-made

inherited and growing

Hisao Nagata’s fortune is worth

21K

troy ounces of gold

19K

median U.S. household

12K

median U.S. income

0.025%

U.S. credit card volume

0.005%

GDP of the United States

0.004%

United States debt

Did you know?

The first Trial discount store opened in 1992.

Net worth over time

Real-time ranking

Financial assets

TOKYO | 141A-JP

Trial Holdings

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