AUTOBACS SEVEN Announces the Passing of Founding Member of the Company
(Obituary)
(Translation of Major Points of Japanese Release)
Masao Sumino, one of the founding members of the Company and former vice chairman emeritus, passed away on September 22, 2021 at the age of 95.
The Company wishes to express its deepest gratitude for the kindness shown to Mr. Sumino during his lifetime.
Given the COVID-19 pandemic, the tsuya ceremony and funeral will be held privately with the attendance of family members and close relatives only.
The Company plans to hold a farewell ceremony at a later date. Details such as the time, date and place will be announced separately as soon as they are decided.
Personal records
Name: Masao Sumino
Date of birth: June 30, 1926 (15th year of the Taisho Era)
Date of passing: September 22, 2021
Career summary
August 1948
Established Fuji-Syokai Co.,Ltd. (the predecessor of AUTOBACS SEVEN Co, Ltd.)
Appointed Director and General Manager of Sales Department
October 1955
Appointed Senior Managing Director of Fuji-Syokai Co.,Ltd. (the predecessor of
AUTOBACS SEVEN Co, Ltd.)
February 1958
Appointed Director of Daiho Sangyo Co., Ltd. (the predecessor of AUTOBACS
SEVEN Co, Ltd.)
June 1980
Appointed Vice President and Representative Director of AUTOBACS SEVEN Co.,
Ltd.
June 1997
Appointed Senior Adviser and Director of AUTOBACS SEVEN Co., Ltd.
June 2000
Appointed Vice Chairman Emeritus of AUTOBACS SEVEN Co., Ltd. (He retired from
the position in July 2014)
Masao Sumino opened Suehiro Syokai as a privately owned wholesaler in 1947 with his brother Toshio Sumino, the founder of our company. The following year, in 1948, he became a founding member of Fuji-Syokai Co., Ltd. which was established in Kita-ku, Osaka City as a wholesaler and retailer of automotive parts, supplies, and accessories. He has contributed greatly to the development of our company, especially in all aspects of sales.
Disclaimer: Please note that this document is a summary translation of the Japanese press release and prepared for reference purposes only. We do not assure the correctness or completeness of this summary translation. Please note that this summary translation may be amended without notice, or be pulled from our website for such amendment purpose, etc., at our own discretion.
Autobacs Seven Co. Ltd. published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2021 02:41:09 UTC.
Autobacs Seven Co Ltd is a Japan-based company primarily engaged in the retail and wholesale of automobile products, the purchase and sale of vehicles, the provision of vehicle inspection and maintenance services, as well as the loan credit business. The Company operates in four segments. The Domestic Autobacs segment is engaged in the wholesale of car products and the leasing of store facilities. The Overseas segment is engaged in the sales of car accessories, the provision of installation service and the maintenance of cars to general consumers. The Car, Dealers and B-to-B segment is engaged in the sales of imported cars, the purchase of used cars and the sales of the cars to second hand car dealers and others. The Others segment is engaged in the leasing business to domestic franchise chain affiliates.
AUTOBACS SEVEN CO., LTD. 