Masao Saneyoshi was the founder of JGC Holding Corporation. However, what many people are curious about is Masao Saneyoshi Net Worth. Find out how much his net worth is in the article below.
JGC Holding Corporation is a Japanese engineering, procurement, and construction (EPC) company that provides services for various industries including oil and gas, petrochemicals, power generation, pharmaceuticals, and more.
The company was founded in 1928 and is headquartered in Yokohama, Japan.
JGC Holdings Corporation is the parent company of JGC Corporation, which is the main operating company of the group.
JGC Corporation is responsible for the EPC business and provides engineering, procurement, and construction services for various projects around the world.
Masao Saneyoshi Net Worth
According to its financial statements for the fiscal year 2021, JGC Holdings Corporation had revenue of JPY 433.97 billion (USD 4.09 billion), a net income of JPY 5.14 billion (USD 48.47 million), and total equity of JPY 417.12 billion (USD 3.77 billion).
Masao Saneyoshi’s net worth is not publicly disclosed, but based on his ownership of JGC Holdings Corporation shares, it can be estimated that he is worth at least JPY 8.54 billion (USD 76.02 million).
Though this is a rough estimation based on limited information and it may not reflect the actual net worth of Masao Saneyoshi or his company.
JGC Holding Corporation has implemented over 20,000 projects in 50 countries, including large energy projects such as LNG plants and refineries.
JGC Holdings Corporation also has other subsidiaries, including JGC Philippines Inc., JGC Vietnam Co., Ltd., and JGC Gulf International Co., Ltd., among others.
The company has a global presence and has completed projects in various countries including the United States, Canada, Brazil, Saudi Arabia, Qatar, Indonesia, and Australia.
Masao Saneyoshi Wikipedia Bio explored
Masao Saneyoshi (1899-1986) was a Japanese engineer and entrepreneur who founded JGC Holdings Corporation, formerly Japan Gasoline Co., Ltd. and JGC Corporation.
He is widely regarded as the pioneer of the engineering industry in Japan. Saneyoshi was born in Yamaguchi Prefecture, Japan.
He graduated from Tokyo Imperial University (now the University of Tokyo) in 1923 with a degree in mechanical engineering.
Saneyoshi then joined the Ministry of Commerce and Industry, where he worked on various projects related to the petroleum and chemical industries.
In 1928, Saneyoshi left the ministry and established Japan Gasoline Co., Ltd. in Tokyo with the aim of building and operating domestic refineries and marketing petroleum products.
Saneyoshi led his company to grow rapidly in the postwar era, as Japan needed to rebuild its infrastructure and boost its economy.
He expanded his business overseas, especially in South America, Southeast Asia, North Africa, and China.
He was one of the first Japanese businessmen to enter the Chinese market after the normalization of diplomatic relations in 1972.
Saneyoshi also diversified his business into other fields such as pharmaceuticals, oil refineries, petrochemical complexes, power plants, and LNG.
Saneyoshi retired as president of JGC in 1976 but remained chairman until 1986.
Masao Saneyoshi Age – how old was he?
Masao Saneyoshi was born in 1893 in Japan. He was 130 years old when he passed away.
Saneyoshi is widely regarded as the pioneer of the engineering industry in Japan. He established JGC as a world-class engineering contractor that has implemented over 20,000 projects in 50 countries.
His founding spirit has been passed down through the generations of JGC employees and continues to inspire them to pursue excellence and innovation.
Masao Saneyoshi Family details
There is not much information about the Masao Saneyoshi family at the moment. However, he was a married man with children.
JGC Holding Corporation has expertise in a variety of fields, including oil and gas, petrochemicals, renewable energy, and environmental conservation.
They have completed numerous large-scale projects around the world, including liquefied natural gas (LNG) plants, oil refineries, petrochemical complexes, and power plants.
In addition to its EPC services, JGC also offers a range of related services, including project management, feasibility studies, technology licensing, and operation and maintenance support.
JGC has a global presence, with offices and subsidiaries all over the world. They are known for their advanced technologies, engineering expertise, and commitment to safety and environmental responsibility.