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Coronavirus

Uniqlo chief pledges $93m for coronavirus research

Gift to Kyoto University will also go to studies on other infectious diseases

Fast Retailing Chairman Tadashi Yanai speaks at a news conference in Kyoto, Japan, on June 24, where he pledged $93 million of his fortune to the study of infectious disease. (Photo by Zhang Yaou)

KYOTO, Japan -- The head of Fast Retailing has pledged a total of 10 billion yen ($93 million) to Kyoto University to fund research into treatments for the new coronavirus and other communicable diseases.

Tadashi Yanai, chairman and president of the Japanese company behind the Uniqlo fashion brand, revealed his plans on Wednesday, saying he will donate 5 billion yen each to Shinya Yamanaka and Tasuku Honjo, two Nobel Prize winners in medicine.

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