The recently released 2019 Forbes unveils that Tadashi Yanai (the chief executive of uniqlo) has exceeded Masayoshi Son (founder & CEO of SoftBank) as the richest man in Japan. Tadashi Yanai's net worth is up to 23 billion while Masayoshi Son keeps his net worth at 22.9 billion.
I bet most of you wonder why Tadashi Yanai unseats Masayoshi Son, especially Tadashi runs a traditional industry while Masayoshi is always active in the high-tech field. Or we can say this is a battle between the so-called sunset industry and sunrise industry.
Actually, Tadashi has been always targeting his company as "IT company" and his contenders don't belong to the popular fast retailing brands like zara, H&M, GAP, UR, etc. Instead, he eyes on technology companies like Apple.
He is a man with endless wit. He sinks his teeth into garment fabric development with high technology. For instance, Uniqlo develops fleece, AIRism, HeatTech, Umood Intelligent clothing selection system and 4D virtual fitting room. So do you still regard Uniqlo as a traditional fast retailing company?
He combines the traditional industry with high technology and continually creates more and more new techs. So there is no exact sunrise or sunset industries. The biggest difference lies in your cognition.