Hirotake Yano, who founded the retail chain Daiso known for its 100-yen shops, Japan’s equivalent of the dollar store, has died. Yano died Feb. 12 of heart failure, Daiso Industries Co. said in a statement Monday. Yano founded his business, based in Hiroshima, as Yano Shoten in 1972, changing the name to Daiso in 1977.
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Daiso founder and billionaire Hirotake Yano died of heart failure at 80. Hirotake Yano, the founder of the Japanese discount store Daiso and a billionaire, passed away at the age of 80 due to heart failure.