Takafumi Horie, former president of the Internet firm Livedoor Co. and an entrepreneurial hero for young generations, was paroled Wednesday after spending 21 months behind bars.

In a news conference Wednesday night, an apologetic Horie, who lost 30 kg while incarcerated, expressed his intention to contribute to society by helping ex-prisoners get back on their feet. He also said he wants to reunite with his space rocket project and launch a website to critique how news is reported.

Horie walked out of a prison in Nagano Prefecture at around 7:40 a.m. He soon appeared live in video streamed by Nico Nico Douga, Japan's leading online video service operator, while he was in a car headed for Tokyo to hold a news conference.