Nobutoshi Shimamura

CEO, Shimamura Co., Ltd.

Real-Time Net Worth

$1.98B

As of December 2025

Age

Source

Retail

Industry

fashion-retail

Citizenship

Biography

Nobutoshi Shimamura was the visionary founder of Shimamura Co., Ltd., a leading Japanese discount clothing retailer. Born in 1926, Shimamura built a retail empire with over 2,200 stores across Japan, mainland China, and Taiwan. His focus on affordable apparel and efficient operations enabled Shimamura to become a household name. Shimamura retired more than three decades ago and passed away in July 2024, at the age of 98. His net worth at the time of his passing was approximately $1.9 billion, a testament to his successful career in retail. Shimamura was ranked #28 on Forbes' 2025 Japan's 50 Richest list.

In-Depth Profile

Early Life

Nobutoshi Shimamura was born in 1926. Not much is known about his early life, but he would go on to establish a retail empire that would reshape the clothing industry in Japan.

Rise to Success

In 1953, Shimamura founded Shimamura Fabric Store in Ogawamachi, Saitama Prefecture. Over the decades, he transformed it into a leading apparel retailer. In 1985, Shimamura adopted a discount pricing strategy, attracting cost-conscious consumers. The company expanded nationwide, and by 2002, Shimamura had stores in all 47 prefectures of Japan. The Shimamura brand became well-known through extensive marketing efforts.

Key Business Strategies

Shimamura's success was built on several key strategies. The company focused on offering affordable, everyday clothing and lifestyle products. This model allowed Shimamura to maintain a strong market share against competitors. Shimamura's business model is centered on cost efficiency and high inventory turnover.

Philanthropy

Information on Shimamura's specific philanthropic endeavors is not readily available in the search results. However, the company is known for its commitment to creating value for all stakeholders and contributing to the improvement of people's lifestyles.

Career Milestones

1953

Founded Shimamura Fabric Store

Established the foundation of what would become a leading apparel retailer in Japan.

1985

Adopted Discount Pricing

Implemented a discount pricing strategy that attracted a wide customer base.

2024

Died

Nobutoshi Shimamura passed away in July 2024.

Philanthropy & Social Impact

REAL initiative

$XB

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Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

YEAR

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