February 28, 2020 #1 Local News, Information and Event Source for the Century City/Westwood areas.

Japanese Billionaire Donates Over $20M to UCLA

By Chad Winthrop

A Japanese billionaire and CEO of one of the most popular clothing companies globally has donated over $20 million to UCLA’s humanities division.

UCLA has received a $25 million gift from Tadashi Yanai, the chair, president and CEO of Japan-based Fast Retailing and founder of clothing company Uniqlo. The funds will endow the Tadashi Yanai Initiative for Globalizing Japanese Humanities.

The gift is the largest from an individual donor in the history of the UCLA College’s humanities division. A previous donation of $2.5 million from Yanai in 2014 created the Yanai Initiative, a collaboration between UCLA and Waseda University, one of Japan’s most prestigious universities.

“Mr. Yanai’s extraordinary gifts are a testament to UCLA’s long-standing commitment to educate global citizens who can thrive in careers — and cultures — anywhere in the world,” said UCLA Chancellor Gene Block. “The Tadashi Yanai Initiative for Globalizing Japanese Humanities will have a profound and lasting impact on this campus.”

The Yanai Initiative is housed in the UCLA College department of Asian languages and cultures and directed by Professor Michael Emmerich. The latest gift will fund and establish an endowed chair in Japanese literature and will fund conferences, public lectures, faculty research, cultural performances and community outreach. It will support graduate and postdoctoral fellowships and undergraduate awards.

“It has been inspiring to see all of the creative, innovative programming — both academic and cultural — that this project has realized over the past five years,” Yanai said. “Now that we are making it permanent, I’m excited to see how it will continue to transform the Japanese humanities in a global context. At the same time, I hope this gift will give others a chance to remember how crucial the humanities are, and, in their own way, to recommit.”

The gift also triggers matching funds from the Humanities Centennial Match and the UCLA Centennial Scholars Match to support UCLA graduate students in Japanese humanities and other areas of study

“Mr. Yanai’s gift is a visionary investment in a field of increasing interest to humanities scholars, students and people everywhere,” said David Schaberg, UCLA’s dean of humanities. “Thanks to his generosity, UCLA will lead the way in research and teaching in Japanese humanities, bringing new attention to a rich culture that has captured people’s imaginations for centuries.”

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