Aging Shochu and the Essence of Investment There are many things in the world whose value rises over time. For example, shochu becomes more expensive as it ages. Suppose I am a producer … 2019-02-25 Noriyuki Morimoto The Beloved Japanese Lottery Selling lottery tickets is a crime by law. The reason why this crime is committed openly is because it is exceptionally legalized by the Lottery Ticke… 2019-02-12 Noriyuki Morimoto What’s missing in Japanese entrepreneurship Starting a business is like an adventure. Addressing danger is possible only under the belief that dangers are under control as risks, and therefore t… 2019-01-28 Noriyuki Morimoto Japanese companies used to sing company songs In the past, Japanese companies tended to have some extent of a religious atmosphere, singing company songs or chanting business philosophies like man… 2019-01-15 Noriyuki Morimoto Price of a Japanese gourd surging by 6000 times “Seibei and the gourd” is a short story written by Shiga Naoya in 1913. The protagonist of this story is Seibei, a 12-year-old elementary school stude… 2018-12-17 Noriyuki Morimoto Keynes in 13th Century Japan One autumn night in 13th century Japan, a samurai named Aoto Fujitsuna was crossing a river when he dropped about 10 sen worth of coins. Fujitsuna sum… 2018-12-03 Noriyuki Morimoto In the past, money had a say in Japanese companies. Money can have more influence than its actual amount. A key practice of the HR department in traditional Japanese companies was to make small amounts … 2018-11-19 Noriyuki Morimoto Okinawa and Stamp Speculation There is a strange book with the title meaning The Guide to Make Money with Stamps. It was issued on November 1, 1964 by a company called Kitte Keizai… 2018-11-05 Noriyuki Morimoto Japanese casino legalization and finance It looks like casinos are finally becoming legal in Japan. Casino legalization is a controversial issue with strong arguments on both sides. Su… 2018-10-22 Noriyuki Morimoto The crisis of Japan’s financial industry without risk taking In finance, risk taking is easily confused with risk management. Looking at the actual business of financial institutions, the risks they take are wit… 2018-10-09 Noriyuki Morimoto «1…1213141516…23»