Japan

10 statements across 7 episodes · 5 bullish · 2 bearish · 3 people on the record · first statement Mar 7, 2022 by Ben Gilbert · said 183 times in 33 episodes since 2021 · across every show →

Mentions by year

brought up most by David Rosenthal (101), Ben Gilbert (52), Howard Schultz (11), Sam Bankman-Fried (6), Packy McCormick (4), Ben Thompson (2), Steve Ballmer (1), Mitch Lasky (1)

tap a year for its mentions
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0510202120222023202420252026episodes it came up in
007.551510202120222023202420252026episodesmentions per episode
2026 6 mentions in 3 episodes 2 per episode
2025 20 mentions in 6 episodes 3 per episode
2024 45 mentions in 6 episodes 8 per episode
2023 37 mentions in 9 episodes 4 per episode
2022 64 mentions in 6 episodes 11 per episode
2021 11 mentions in 3 episodes 4 per episode

every mention, scene by scene, with the transcript →

Everything said about Japan, oldest first

Mar 7, 2022 positive
Assertion Supported
Akio Morita aimed to transform 'Made in Japan' into a quality mark
“Cause famously, Akio Morita's goal with Sony was to transform made in Japan on a product from, oh, this is of low quality to, oh, this is of high quality.”
Ben Gilbert Mar 7, 2022 ▶ 2:43:57 SONY (75 years of electronics history in 3 hours) · Acquired
Mar 7, 2022 positive
Assertion Supported
Sony is Japan's second-largest company by market cap behind Toyota
“They are the second largest Japanese company by market cap behind only Toyota.”
Ben Gilbert Mar 7, 2022 ▶ 2:45 SONY (75 years of electronics history in 3 hours) · Acquired
Mar 7, 2022 negative
Assertion Partly supported
Post-war Tokyo had 47% homelessness and $17 per capita income
“47% of Tokyo citizens are homeless at this point. The per capita income in the country the next year in 1946, the first year after the war is 17 dollars.”
David Rosenthal Mar 7, 2022 ▶ 21:11 SONY (75 years of electronics history in 3 hours) · Acquired
Mar 7, 2022 positive
Assertion Partly supported
Sony Bank launched in 2001 as effectively the first web-only neobank
“Sony bank came out in 2001 as a web only consumer bank in Japan. So it's kind of the first neobank.”
Ben Gilbert Mar 7, 2022 ▶ 1:24:23 SONY (75 years of electronics history in 3 hours) · Acquired
Jun 20, 2022
Assertion Contradicted
Rosenthal: Japan's 1946 GDP per capita was $17
“The GDP per capita in Japan in 1946 was 17 dollars. Not 17,000 dollars, it was 17 dollars.”
David Rosenthal Jun 20, 2022 ▶ 10:17 The Playbook: Lessons from 200+ Company Stories · Acquired
May 30, 2023 negative
Assertion Supported
Lockheed Bribery Scandals Toppled Japan's Prime Minister in the 1970s
“In the Netherlands, in Japan, and in Saudi Arabia, it comes to light that Lockheed employees and contractors are paying bribes to political officials to win contracts. This actually brings down the Japanese Prime Minister at the time.”
David Rosenthal May 30, 2023 ▶ 2:19:22 Lockheed Martin (Audio) · Acquired
Jul 25, 2023 neutral
Assertion Partly supported
Nissho Iwai Was a $100B Revenue Company in 1971
“Today, the company is called Sojits. Today, it is still a forty billion dollar revenue company. Back then, in 1971, it was a one hundred billion dollar annual revenue company, and it was, I think, the sixth largest Japanese trading company.”
David Rosenthal Jul 25, 2023 ▶ 1:03:43 Nike (Audio) · Acquired
Oct 30, 2023 positive
Assertion Supported
Berkshire borrowed Japanese yen at 0.5% to buy 5%-yielding trading houses
“The interest rates in Japan were half a percent per year for 10 years. And these trading companies were really entrenched old companies, and they had all these cheap copper mines and rubber plantations, and so you could borrow for 10 years ahead all the money,…”
Charlie Munger Oct 30, 2023 ▶ 30:58 Charlie Munger (Audio) · Acquired
Apr 22, 2024 positive
Assertion Supported
Half of Microsoft's revenue came from Japan by 1979
“And by the next year, in 1979, half of Microsoft's revenue is coming from Japan, which is wild.”
David Rosenthal Apr 22, 2024 ▶ 1:17:35 Microsoft Volume I: The Complete History and Strategy of founding through Windows 95 (Audio) · Acquired
Mar 24, 2025 neutral
Opinion
Rosenthal: India's corporate structure resembles conglomerates in Japan and South Korea
“The industrial structure in India, at least to date, seems to be more like South Korea or Japan, the big conglomerates.”
David Rosenthal Mar 24, 2025 ▶ 7:18 Indian Premier League Cricket (Audio) · Acquired
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