What happened to hikari tsushin? Shigeta’s company has come a long way. A darling of the stock market in the 1990s, Hikari Tsushin was considered one of Japan’s promising new firms along with peers such as SoftBank, until it faced a crisis in 2000: Its stock sank as its mobile phone sales business unexpectedly lost money.Who is hikari tsushins boss yasumitsu shigeta? Yasumitsu Shigeta is chairman of Tokyo-listed Hikari Tsushin, which sells mobile phones at its HIT Shop chain of stores. The company also sells insurance and office equipment. He founded Hikari Tsushin in 1988. His wealth peaked at $42 billion before the dotcom crash in 2001 wiped out much of his fortune.Is hithikari tsushin a good stock to buy? Hikari Tsushin is “a very exciting stock from our perspective,” said Richard Kaye, a portfolio adviser at a Japan unit of Comgest Global Investors S.A.S., which has about $100 million invested in the company’s stock. The shares are cheap, the company’s business model is attractive and the firm is growing steadily, according to Kaye.