Why Do Half of the World's Century-Old Companies Reside in Japan? A New Book Explores It

Unveiling the Secrets of Japan's Century-Old Companies

What is it about Japan that has allowed nearly half of the world’s century-old companies to thrive within its borders? This phenomenon has often been acknowledged yet scarcely explored in a scientific or systematic manner. Fortunately, a new book titled 100-Year-Old Companies: What They Cherish aims to address this gap.

Scheduled for release on August 29, 2025, and authored by Daisuke Hibino, a respected labor and social security attorney and the representative director of the 100-Year Companies Research Society, this book delves into the unique management philosophies and operational practices of several long-standing Japanese firms. Through a narrative style, Hibino skillfully intertwines real-life stories with management theory, providing readers with an engaging and informative experience.

Bridging Research Gaps in Management Studies

Despite the impressive statistic that Japan is home to about half of the world’s century-old companies, scant academic research has been conducted on the topic. This book seeks to fill that void by systematically analyzing the wisdom these companies have accumulated over their long histories. Hibino's approach combines a storytelling technique with academic rigor, offering readers not just insights but actionable management knowledge that can be applied in contemporary business contexts.

A Narrative Approach to Understanding Management

One of the innovative aspects of Hibino's book is its narrative structure. By blending various case studies into a cohesive story, he paints a vivid picture of the emotional landscapes that underpin successful business practices. Readers will discover how the emotions of individuals and the collective dynamics within organizations play crucial roles in sustaining longevity.

By focusing on the human aspect of management, Hibino helps demystify the underlying principles of these historical companies. This approach serves to challenge traditional management theories, which often neglect the emotional and interpersonal dimensions of business.

100-Year-Old Companies

From Emotion to Theory: Systematizing Management Knowledge

In the past, the wisdom derived from these longstanding firms has often been narrated as mere anecdotes or legends. Hibino’s book goes a step further by organizing these narratives into a coherent management theory, providing both emotional resonance and practical value. The knowledge presented can empower modern businesses to implement strategies that resonate with their workforce while also respecting the collective histories of their industries.

This dual approach aligns emotional intelligence with solid management practices, giving companies the tools needed to adapt and thrive in contemporary markets.

About the Author

Daisuke Hibino is not just an attorney but a thought leader in the realm of workplace management. As the head of the 100-Year Companies Research Society, he collaborates with fellow labor and social security specialists to explore and promote the management philosophies of enduring companies. Hibino has participated in numerous seminars and lectures, sharing his expertise and insights into effective human resource management and organizational dynamics, further establishing his authority in this field.