Yasuo Hamanaka
Japanese criminal
About Yasuo Hamanaka
Born 1950. Yasuo Hamanaka is a Japanese stockbroker.
(born 1950) is a former chief copper trader at Sumitomo Corporation, one of the largest trading companies in Japan. He was known as "Mr. Copper" because of his aggressive trading style, and as "Mr. Five Percent" because that is how much of the world's yearly supply he controlled.
On June 13, 1996, Sumitomo Corporation reported a loss of US$1.8 billion in unauthorized copper trading by Hamanaka on the London Metal Exchange. His culpability as to whether this responsibility was authorized is in doubt.
In September 1996, Sumitomo disclosed that the company's financial losses were much higher, at $2.6 billion (285 billion yen).
Hamanaka was sentenced to eight years in prison in 1998 and was released in July 2005, one year early.
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Important facts
Contemporaries
People whose lives overlapped Yasuo Hamanaka's
Frequently asked questions
Who is Yasuo Hamanaka?
Japanese criminal
When was Yasuo Hamanaka born?
Yasuo Hamanaka was born in 1950.
What is Yasuo Hamanaka's occupation?
Yasuo Hamanaka is a stockbroker.
What nationality is Yasuo Hamanaka?
Yasuo Hamanaka is Japanese.
Sources & further reading
Cite this page
APA: Biography.guide. (2026). Yasuo Hamanaka. https://biography.guide/yasuo-hamanaka/
MLA: "Yasuo Hamanaka." Biography.guide, https://biography.guide/yasuo-hamanaka/.
Chicago: "Yasuo Hamanaka." Biography.guide. https://biography.guide/yasuo-hamanaka/.
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