
Japanese computer story
Description
Book Introduction
“Why now, again, ‘Japan Computer’?”
A 15-year long-term bestseller that moved 500,000 readers.
Everyone's unanimous opinion: "A must-read during a recession."
"The Story of Japanese Computers," which has resonated with countless business executives and those striving for self-development over the past 15 years, has been republished as a "recovery book that has sold over 500,000 copies."
In a business world where change is so relentless it's hard to keep up, why is it that the story of Nippon Computer and its chairman, Shigenobu Nagamori, remains so revered and read after more than 15 years?
Japan Computer was initially started in 1973 by just four people, including the president, with a meager capital in a 10-pyeong (approximately 300 square meters) warehouse in the countryside.
However, even amidst the oil shock and a decade-long recession, the company focused on a single keyword, "motor," becoming a first-class company. As of 2022, it has grown into a powerful company with approximately 20 trillion won in sales and 130,000 employees.
Nippon Densan produces precision motors that are used in almost all types of moving products, from laptops and smartphones to robots and electric vehicles.
It has an overwhelming 80% market share in the spindle motor market for computers, and is also number one in the world in small precision motors for mobile phones.
The goal that Chairman Nagamori set forth immediately after founding the company—to “become the No. 1 company in all fields that move and rotate”—still remains Nippon Computer’s long-term vision.
The core of Nagamori-style management is not about selecting good talent and increasing efficiency.
This book emphasizes:
“Hardship is the wealth that earns interest!”
The principles of “Get rid of the habit of writing reports that say no!” and “The newer the employee, the more he should be deployed in the harsh real-world situations!” created a unique culture at Nippon Computer.
Although it was not possible to recruit elite talent from prestigious universities from the beginning, the story of how they created the best results by recruiting people who were 'quick eaters', 'loud voices', and 'good at cleaning bathrooms' also caught the eye.
Chairman Nagamori's management philosophy, that the most critical times are the ones that offer the opportunity to overcome the recession with "thorough fundamentals" and a "can-do" spirit, shines even brighter as times change.
A 15-year long-term bestseller that moved 500,000 readers.
Everyone's unanimous opinion: "A must-read during a recession."
"The Story of Japanese Computers," which has resonated with countless business executives and those striving for self-development over the past 15 years, has been republished as a "recovery book that has sold over 500,000 copies."
In a business world where change is so relentless it's hard to keep up, why is it that the story of Nippon Computer and its chairman, Shigenobu Nagamori, remains so revered and read after more than 15 years?
Japan Computer was initially started in 1973 by just four people, including the president, with a meager capital in a 10-pyeong (approximately 300 square meters) warehouse in the countryside.
However, even amidst the oil shock and a decade-long recession, the company focused on a single keyword, "motor," becoming a first-class company. As of 2022, it has grown into a powerful company with approximately 20 trillion won in sales and 130,000 employees.
Nippon Densan produces precision motors that are used in almost all types of moving products, from laptops and smartphones to robots and electric vehicles.
It has an overwhelming 80% market share in the spindle motor market for computers, and is also number one in the world in small precision motors for mobile phones.
The goal that Chairman Nagamori set forth immediately after founding the company—to “become the No. 1 company in all fields that move and rotate”—still remains Nippon Computer’s long-term vision.
The core of Nagamori-style management is not about selecting good talent and increasing efficiency.
This book emphasizes:
“Hardship is the wealth that earns interest!”
The principles of “Get rid of the habit of writing reports that say no!” and “The newer the employee, the more he should be deployed in the harsh real-world situations!” created a unique culture at Nippon Computer.
Although it was not possible to recruit elite talent from prestigious universities from the beginning, the story of how they created the best results by recruiting people who were 'quick eaters', 'loud voices', and 'good at cleaning bathrooms' also caught the eye.
Chairman Nagamori's management philosophy, that the most critical times are the ones that offer the opportunity to overcome the recession with "thorough fundamentals" and a "can-do" spirit, shines even brighter as times change.
- You can preview some of the book's contents.
Preview
index
Congratulations on surpassing 500,000 copies
Prologue: The Perseverance of Nippon Computer, Overcoming a Decade of Recession - Truly Strong Companies Become Even Stronger in Crisis
01 Crisis-Resilient Employees Save Your Company! - Profit, performance, and the secret to overcoming crises all lie in people.
1. Better a third-rate person with a willing mind than a first-rate person with a weak mind - Nippon Computer's 'employee training' method
He who laughs last, wins | 3 Key Spirits for Building Strong Employees | We Don't Need Weird People Like You! | Traditional Methods Won't Recruit Talent
2. Only the "I can do anything" mentality is considered - the "recruitment exam" born of a last resort.
The "Eating Fast" test, which tests a positive attitude; the "Cleaning the Toilet" test, which gives a glimpse into the process; and the "Running Long Distance" test, which tests determination.
3. If you don't have the skills, do it with brute force: The law of "doing it" and "halving it" - The "principle of input-output" as explained by Nippon Computer.
Invest twice as much (work twice as long) | It's not the strong, but the fast that wins | It's not service that wins customers, but 'execution' that keeps promises | Those who only look for easy things will never succeed | The answers lie only in the field | Make work a game where 'both sides are crazy about not wanting to lose'
4. Eliminate the habit of writing "no" reports - Japan IT's "capacity building" principle.
Don't write a "PhD thesis" while working | Get rid of the idea that "experience equals skill" | Instill six fundamentals in your organization | "If you want to survive, change the basics!" | There's nothing you can't overcome if you face it and try to solve it | Never stop investing in self-development | A person who has grown properly is better than one who has grown quietly.
02 A leader who doesn't spare the whip saves a company! - A leader's passion is contagious to the company and its employees.
The more you value your employees, the more severely you scold them - Nagamori's "Scolding Management"
A boss who cares about his employees scolds them | There's no benefactor like a boss who scolds | Even scolding requires energy | An organization that knows how to listen, an organization that knows how to scold
6. Giving more points to those who fail - Nippon Computer's "point system"
A Love Letter to Employees | A Boss Who Boasts About His Employees Outside | The Answer Is in Point-Based, Not Point-Deductible
7. Release the Catfish to Revitalize Your Organization - Nippon Computer's "Motivation" Method
The Catfish Boss Who Provides Healthy Motivation to Employees | Shoot for Hope, Constantly Revision Your Goals | The Best Benefit a Company Can Give to Its Employees: "Education" | A Company That Offers Opportunity, Not Comfort | Those Who Don't Aim for Executive Leadership Are Not Needed | The Touching "Rice Cake Story"
03 Passion that permeates the entire organization saves the company! - There's no motivational energy as powerful as passion.
8. The "Best" Pride that Global Companies Are Watching - Nippon Computer's "Passionate Production Method"
We're betting on the future, not today or tomorrow, but 10 years from now. | We won't do it unless we're number one in the world! | The one who takes the initiative is the star. | The secret to a third-rate group becoming the world's No. 1. | The secret to creating a passion system is surprisingly simple.
9 Management Secrets to Stemming Deficits - Nagamori's "Corporate Revitalization Method"
"Being part of a loss-making company? Know what a disgrace!" | Even loss-making companies can survive by changing their structure | Culture of losers, culture of winners | The label of "hopeless" is self-imposed.
Epilogue: "It ain't over 'til it's over!" - The recession is just an excuse.
References & Materials
Prologue: The Perseverance of Nippon Computer, Overcoming a Decade of Recession - Truly Strong Companies Become Even Stronger in Crisis
01 Crisis-Resilient Employees Save Your Company! - Profit, performance, and the secret to overcoming crises all lie in people.
1. Better a third-rate person with a willing mind than a first-rate person with a weak mind - Nippon Computer's 'employee training' method
He who laughs last, wins | 3 Key Spirits for Building Strong Employees | We Don't Need Weird People Like You! | Traditional Methods Won't Recruit Talent
2. Only the "I can do anything" mentality is considered - the "recruitment exam" born of a last resort.
The "Eating Fast" test, which tests a positive attitude; the "Cleaning the Toilet" test, which gives a glimpse into the process; and the "Running Long Distance" test, which tests determination.
3. If you don't have the skills, do it with brute force: The law of "doing it" and "halving it" - The "principle of input-output" as explained by Nippon Computer.
Invest twice as much (work twice as long) | It's not the strong, but the fast that wins | It's not service that wins customers, but 'execution' that keeps promises | Those who only look for easy things will never succeed | The answers lie only in the field | Make work a game where 'both sides are crazy about not wanting to lose'
4. Eliminate the habit of writing "no" reports - Japan IT's "capacity building" principle.
Don't write a "PhD thesis" while working | Get rid of the idea that "experience equals skill" | Instill six fundamentals in your organization | "If you want to survive, change the basics!" | There's nothing you can't overcome if you face it and try to solve it | Never stop investing in self-development | A person who has grown properly is better than one who has grown quietly.
02 A leader who doesn't spare the whip saves a company! - A leader's passion is contagious to the company and its employees.
The more you value your employees, the more severely you scold them - Nagamori's "Scolding Management"
A boss who cares about his employees scolds them | There's no benefactor like a boss who scolds | Even scolding requires energy | An organization that knows how to listen, an organization that knows how to scold
6. Giving more points to those who fail - Nippon Computer's "point system"
A Love Letter to Employees | A Boss Who Boasts About His Employees Outside | The Answer Is in Point-Based, Not Point-Deductible
7. Release the Catfish to Revitalize Your Organization - Nippon Computer's "Motivation" Method
The Catfish Boss Who Provides Healthy Motivation to Employees | Shoot for Hope, Constantly Revision Your Goals | The Best Benefit a Company Can Give to Its Employees: "Education" | A Company That Offers Opportunity, Not Comfort | Those Who Don't Aim for Executive Leadership Are Not Needed | The Touching "Rice Cake Story"
03 Passion that permeates the entire organization saves the company! - There's no motivational energy as powerful as passion.
8. The "Best" Pride that Global Companies Are Watching - Nippon Computer's "Passionate Production Method"
We're betting on the future, not today or tomorrow, but 10 years from now. | We won't do it unless we're number one in the world! | The one who takes the initiative is the star. | The secret to a third-rate group becoming the world's No. 1. | The secret to creating a passion system is surprisingly simple.
9 Management Secrets to Stemming Deficits - Nagamori's "Corporate Revitalization Method"
"Being part of a loss-making company? Know what a disgrace!" | Even loss-making companies can survive by changing their structure | Culture of losers, culture of winners | The label of "hopeless" is self-imposed.
Epilogue: "It ain't over 'til it's over!" - The recession is just an excuse.
References & Materials
Detailed image

Into the book
Japan Computer is not a company that receives much attention.
People wonder how a company with nothing special and employees that are nothing special could become so competitive.
Even now, we don't hire people based on their academic background, but back when we were founded, it was highly unlikely that graduates from top universities from the city would come to work for a small company on the outskirts of Kyoto.
Those who don't know can't help but tilt their heads in wonder as to how creative ideas and intense work performance were achieved in such a harsh environment.
Although the capabilities of an outstanding manager may produce results for a few years, it is difficult to maintain the effect on a sustained basis.
Sustained growth over 30 years is impossible without the efforts of all employees, including leaders.
---From "He who laughs last, wins in the end"
During his short career, President Nagamori often came into conflict with "complacent mindsets."
Even if new suggestions are made several times, they are simply ignored because they think 'it won't work', and when they encounter a problem, they give up after trying a few times.
If you approach it with the attitude of 'if it doesn't work out, then don't do it' from the beginning, it's natural that it won't work out.
He felt disillusioned with the attitude of sticking to the old ways and not trying new things even when there was an obvious opportunity.
Perhaps that is why, when he and the founding members started working, they would always say, “There is a solution to every problem in the world.”
To date, Japan Computer asserts that there are no 'unsolved problems' or 'unmade products'.
If an employee says something that even slightly suggests that it won't work, I say, "You should find a new way instead of wasting time explaining that it won't work."
If it doesn't work out after trying it to the end, I'll admit it.
But I can't tolerate saying it can't be done without even trying," he shouted.
Even if you think you can do it, there are still many hurdles to overcome, so you can't waste time listening to lame excuses that say it can't be done.
President Nagamori emphasizes that the founding principle of Nippon Computer is to "help those who stay up all night to find a way to succeed."
In short, it means, ‘Don’t live an ambiguous life.’
---From "You can't select talented people using existing methods"
There is a reason why Japan Computer emphasizes 'intellectual hardworking'.
This means that we will not evaluate performance solely based on the functional aspects demonstrated during work hours.
That's why they hold various 'competitions' as annual events where individuals and teams can present and propose ideas.
The first prize, the President's Award, is awarded with a prize of 10 million yen.
Dozens of these types of competitions are held each year.
This is a policy to provide opportunities to employees who are actively thinking about and researching their own work and the company's development.
In other words, all employees who work hard with dedication behind the scenes should be given the opportunity to be recognized.
Even if they go to work and work 8 hours, there are people who do self-development after work.
Also, many people 'think about work' during their commute, meal times, preparation times, bedtime, and exercise or walk times.
This means that if you work with your 'body' for 8 hours, you work with your 'mind' for the rest of the time.
It is natural that the more time people spend 'working with their minds', the better their performance in the organization will be.
President Nagamori values his employees who take the initiative and invest time in "thinking."
It's also important to invest energy and time into the work itself.
However, people who think about their work even when they are not working or unconsciously, and who ponder unresolved problems to the end, are bound to come up with answers.
Just as Archimedes came up with the 'principle of buoyancy' while bathing in a swimming pool, truly great ideas and groundbreaking thoughts that will turn things around come from this 'time spent working with thoughts.'
---From "Double Your Investment (Work Twice as Long)"
President Nagamori believes that the biggest waste for companies that have grown to a certain size is the war of attrition in which they try to convince others by attaching data and analysis to the "no" argument.
It is not just a war of attrition that occurs only in the relationship between the boss who gives orders and the subordinates.
Almost all companies waste energy fighting a war of attrition between colleagues, teams, and superiors and subordinates.
The reason they write reports saying 'it won't work' is mostly to 'show off'.
It's to show off, 'I know this much', 'I have inside-out knowledge of the industry that even you don't know', 'You say you're being reckless, but that's just foolish thinking'.
So, companies that are dominated by reports saying 'it won't work' are likely to have seen it all.
On the other hand, a company's greatest asset is its corporate culture, that is, its habit of finding ways to make things happen and delivering them.
Problem solving leads to self-improvement, which in turn leads to customer creation.
This is none other than ‘creative management.’
---From "Don't Write a 'PhD Thesis' While Working"
“Talent isn’t something you hire, it’s something you develop.” Many CEOs, HR managers, or mid-level managers at large companies will likely agree with this sentiment.
Even corporate interviewers, when hiring prospective graduates or new employees, most often don't consider "what they currently have" as a selection criterion.
It is highly unlikely that someone who has just entered society will have any great abilities.
A more important point is 'what can we do and how can we do it from now on?'
After meeting and interviewing many people who are recognized in the business jungle, I realized that success is not determined by appearance, academic background, or grades.
To put it bluntly, academic background literally only 'slightly' increases the chances of not starving to death.
In the business jungle, you can't make a living off of your grades or your school name.
Just because you graduated from a good school or got good grades doesn't mean you can automatically create a good product or come up with a solution that will win the competition.
What's important is what comes next.
So it is important to look to the future and invest rather than the past.
---From "Never Stop Investing in Self-Development"
It's not that President Nagamori doesn't give any praise at all.
He also believes that he should praise his employees whenever he gets the chance, and he puts this into practice.
However, there is a rule that he has kept until now.
After yelling at his employees and scolding them to the point of tears, he never brings up the issue again.
It is not even recorded.
He always scolds me with his mouth.
Conversely, when giving praise, always keep a record of it.
You can also write letters or send faxes.
President Nagamori praises his employees once every hundred times he scolds them.
You might think, 'If you scold someone a hundred times and praise them once, it's not balanced.'
But it has its own way of 'balancing'.
No, maybe it's a way to love your employees? For example, if you scold them verbally a hundred times and then praise them in a letter once, they'll truly treasure the rare compliments they receive.
And you're bound to read that letter at least a hundred times.
President Nagamori is thorough in what he does for his hard-working employees.
The company's atmosphere depends on its female employees, and the company plans and takes into consideration female employees who can work happily.
In a company with enjoyable work and promising growth prospects, there are bound to be many in-house couples, so they actively encourage 'in-house marriage.'
Because we practice the principle of store ownership, we have also established a policy of providing opportunities to recover in case of failure.
And he prioritizes the employees who are passionate about their work over his own personal interests.
One thing that has remained constant since the company was founded is that the company uses its own dignity maintenance funds to pay for employee dinners and events inviting employees' families.
---From "Giving more points to those who fail - 'Point-based system' in Japanese computers"
From the very beginning of Japan Computer's founding, there was a promise made to its employees.
It is compressed into one slogan.
“Do what others can’t do, and never do what others are doing wrong.” In other words, ‘focus’ on things that can ensure survival in competition and a developed future, and decide not to do the very thing that made you feel ‘I really hated this, I wanted to quit because of this’ at your previous job, even if it meant holding a knife to your throat.
They wrote down the 'non-company rules' that will boost the morale and motivation of all members who will join the company in the future.
Here's what they agreed to and promised:
The sentence is characterized by its simplicity, so that anyone, even someone who has only graduated from elementary school, can share and acknowledge it, and point it out if it goes off track.
There is not a single abstract phrase like, “As a global company,” “We have the best technology,” “All employees participate,” or “We pursue equal and transparent management.”
---From "Shoot for Hope, Constantly Resetting Your Goals"
As President Nagamori grew the company, he realized that 'graduates from prestigious universities or those with the best grades in school are not necessarily the ones who become talented.
He says that from the beginning, he realized that there is no such thing as excellent talent.
Of course, being good at studying is proof of excellent mathematical ability and comprehension skills.
But the mind that studies and the mind that works are different.
And a company must have a system in place to help its employees develop their working minds.
Nippon Computer's employee training focuses on 'turning ordinary people with high school diplomas into excellent talents.'
Because we believe that it is not the financial statements or earnings structure that guarantee a company's future, but rather that only excellent employees determine everything.
Without people, any strong company will eventually face a crisis.
Companies that neglect their people will pay a price that will come back to haunt them like a boomerang.
And cherishing people doesn't mean wrapping them up and saying, "You're doing well, you're doing well," or giving them only good things.
It is about providing appropriate stimulation and opportunities that are right for that person's stage of growth.
People wonder how a company with nothing special and employees that are nothing special could become so competitive.
Even now, we don't hire people based on their academic background, but back when we were founded, it was highly unlikely that graduates from top universities from the city would come to work for a small company on the outskirts of Kyoto.
Those who don't know can't help but tilt their heads in wonder as to how creative ideas and intense work performance were achieved in such a harsh environment.
Although the capabilities of an outstanding manager may produce results for a few years, it is difficult to maintain the effect on a sustained basis.
Sustained growth over 30 years is impossible without the efforts of all employees, including leaders.
---From "He who laughs last, wins in the end"
During his short career, President Nagamori often came into conflict with "complacent mindsets."
Even if new suggestions are made several times, they are simply ignored because they think 'it won't work', and when they encounter a problem, they give up after trying a few times.
If you approach it with the attitude of 'if it doesn't work out, then don't do it' from the beginning, it's natural that it won't work out.
He felt disillusioned with the attitude of sticking to the old ways and not trying new things even when there was an obvious opportunity.
Perhaps that is why, when he and the founding members started working, they would always say, “There is a solution to every problem in the world.”
To date, Japan Computer asserts that there are no 'unsolved problems' or 'unmade products'.
If an employee says something that even slightly suggests that it won't work, I say, "You should find a new way instead of wasting time explaining that it won't work."
If it doesn't work out after trying it to the end, I'll admit it.
But I can't tolerate saying it can't be done without even trying," he shouted.
Even if you think you can do it, there are still many hurdles to overcome, so you can't waste time listening to lame excuses that say it can't be done.
President Nagamori emphasizes that the founding principle of Nippon Computer is to "help those who stay up all night to find a way to succeed."
In short, it means, ‘Don’t live an ambiguous life.’
---From "You can't select talented people using existing methods"
There is a reason why Japan Computer emphasizes 'intellectual hardworking'.
This means that we will not evaluate performance solely based on the functional aspects demonstrated during work hours.
That's why they hold various 'competitions' as annual events where individuals and teams can present and propose ideas.
The first prize, the President's Award, is awarded with a prize of 10 million yen.
Dozens of these types of competitions are held each year.
This is a policy to provide opportunities to employees who are actively thinking about and researching their own work and the company's development.
In other words, all employees who work hard with dedication behind the scenes should be given the opportunity to be recognized.
Even if they go to work and work 8 hours, there are people who do self-development after work.
Also, many people 'think about work' during their commute, meal times, preparation times, bedtime, and exercise or walk times.
This means that if you work with your 'body' for 8 hours, you work with your 'mind' for the rest of the time.
It is natural that the more time people spend 'working with their minds', the better their performance in the organization will be.
President Nagamori values his employees who take the initiative and invest time in "thinking."
It's also important to invest energy and time into the work itself.
However, people who think about their work even when they are not working or unconsciously, and who ponder unresolved problems to the end, are bound to come up with answers.
Just as Archimedes came up with the 'principle of buoyancy' while bathing in a swimming pool, truly great ideas and groundbreaking thoughts that will turn things around come from this 'time spent working with thoughts.'
---From "Double Your Investment (Work Twice as Long)"
President Nagamori believes that the biggest waste for companies that have grown to a certain size is the war of attrition in which they try to convince others by attaching data and analysis to the "no" argument.
It is not just a war of attrition that occurs only in the relationship between the boss who gives orders and the subordinates.
Almost all companies waste energy fighting a war of attrition between colleagues, teams, and superiors and subordinates.
The reason they write reports saying 'it won't work' is mostly to 'show off'.
It's to show off, 'I know this much', 'I have inside-out knowledge of the industry that even you don't know', 'You say you're being reckless, but that's just foolish thinking'.
So, companies that are dominated by reports saying 'it won't work' are likely to have seen it all.
On the other hand, a company's greatest asset is its corporate culture, that is, its habit of finding ways to make things happen and delivering them.
Problem solving leads to self-improvement, which in turn leads to customer creation.
This is none other than ‘creative management.’
---From "Don't Write a 'PhD Thesis' While Working"
“Talent isn’t something you hire, it’s something you develop.” Many CEOs, HR managers, or mid-level managers at large companies will likely agree with this sentiment.
Even corporate interviewers, when hiring prospective graduates or new employees, most often don't consider "what they currently have" as a selection criterion.
It is highly unlikely that someone who has just entered society will have any great abilities.
A more important point is 'what can we do and how can we do it from now on?'
After meeting and interviewing many people who are recognized in the business jungle, I realized that success is not determined by appearance, academic background, or grades.
To put it bluntly, academic background literally only 'slightly' increases the chances of not starving to death.
In the business jungle, you can't make a living off of your grades or your school name.
Just because you graduated from a good school or got good grades doesn't mean you can automatically create a good product or come up with a solution that will win the competition.
What's important is what comes next.
So it is important to look to the future and invest rather than the past.
---From "Never Stop Investing in Self-Development"
It's not that President Nagamori doesn't give any praise at all.
He also believes that he should praise his employees whenever he gets the chance, and he puts this into practice.
However, there is a rule that he has kept until now.
After yelling at his employees and scolding them to the point of tears, he never brings up the issue again.
It is not even recorded.
He always scolds me with his mouth.
Conversely, when giving praise, always keep a record of it.
You can also write letters or send faxes.
President Nagamori praises his employees once every hundred times he scolds them.
You might think, 'If you scold someone a hundred times and praise them once, it's not balanced.'
But it has its own way of 'balancing'.
No, maybe it's a way to love your employees? For example, if you scold them verbally a hundred times and then praise them in a letter once, they'll truly treasure the rare compliments they receive.
And you're bound to read that letter at least a hundred times.
President Nagamori is thorough in what he does for his hard-working employees.
The company's atmosphere depends on its female employees, and the company plans and takes into consideration female employees who can work happily.
In a company with enjoyable work and promising growth prospects, there are bound to be many in-house couples, so they actively encourage 'in-house marriage.'
Because we practice the principle of store ownership, we have also established a policy of providing opportunities to recover in case of failure.
And he prioritizes the employees who are passionate about their work over his own personal interests.
One thing that has remained constant since the company was founded is that the company uses its own dignity maintenance funds to pay for employee dinners and events inviting employees' families.
---From "Giving more points to those who fail - 'Point-based system' in Japanese computers"
From the very beginning of Japan Computer's founding, there was a promise made to its employees.
It is compressed into one slogan.
“Do what others can’t do, and never do what others are doing wrong.” In other words, ‘focus’ on things that can ensure survival in competition and a developed future, and decide not to do the very thing that made you feel ‘I really hated this, I wanted to quit because of this’ at your previous job, even if it meant holding a knife to your throat.
They wrote down the 'non-company rules' that will boost the morale and motivation of all members who will join the company in the future.
Here's what they agreed to and promised:
The sentence is characterized by its simplicity, so that anyone, even someone who has only graduated from elementary school, can share and acknowledge it, and point it out if it goes off track.
There is not a single abstract phrase like, “As a global company,” “We have the best technology,” “All employees participate,” or “We pursue equal and transparent management.”
---From "Shoot for Hope, Constantly Resetting Your Goals"
As President Nagamori grew the company, he realized that 'graduates from prestigious universities or those with the best grades in school are not necessarily the ones who become talented.
He says that from the beginning, he realized that there is no such thing as excellent talent.
Of course, being good at studying is proof of excellent mathematical ability and comprehension skills.
But the mind that studies and the mind that works are different.
And a company must have a system in place to help its employees develop their working minds.
Nippon Computer's employee training focuses on 'turning ordinary people with high school diplomas into excellent talents.'
Because we believe that it is not the financial statements or earnings structure that guarantee a company's future, but rather that only excellent employees determine everything.
Without people, any strong company will eventually face a crisis.
Companies that neglect their people will pay a price that will come back to haunt them like a boomerang.
And cherishing people doesn't mean wrapping them up and saying, "You're doing well, you're doing well," or giving them only good things.
It is about providing appropriate stimulation and opportunities that are right for that person's stage of growth.
---From "The best benefit a company can give its employees is 'education'"
Publisher's Review
A company that grew tenfold during a recession, became a legend, and became a leader in every field it touched.
The undefeated management philosophy of Chairman Shigenobu Nagamori is back!
In April 2022, Shigenobu Nagamori returned to the CEO role at Nippon Computer, ten months after leaving the front lines of management.
Chairman Nagamori said he decided to return to management after seeing Nippon Computer's stock price fall from 13,800 yen to 8,800 yen over a 10-month period.
Afterwards, Nippon Computer achieved its highest profit ever in the third quarter of 2022 (July-September), once again proving Chairman Nagamori's unique method of reviving a struggling company, the so-called "Nagamoriism."
Chairman Nagamori has his own unique method that can never be overcome by the power of organization and capital.
What is the secret of Nagamoriism, which achieved tenfold growth during the oil shock and Japan's worst long-term recession, known as the "Lost Decade," became the world's number one in every sector it touched, and acquired only companies in crisis to rebuild them?
Chairman Nagamori emphasizes that only "thorough fundamentals" and the "can-do" spirit are the driving force to overcome crises.
The guidelines for action are also specific.
“Get rid of the habit of writing reports that say ‘it can’t be done’”, “The newer the employee, the more likely he is to be deployed to the harsh real-world situations”, “Work twice as hard to compensate for any shortcomings in skills, and cut deadlines in half to build trust”, “Do what others say you can’t do, and never give up.
With guidelines such as “That’s a win by default!” and “The more you cherish an employee, the more you scold them until they cry,” he created a passionate and persistent work culture unique to Nippon Computer.
He believes that management theories that rely on fancy tricks are useless.
What companies really need is "unlimited competition based on ability" based on field know-how, and to achieve this, it's okay to completely abolish the sense of privilege based on academic background and seniority.
In an age where work-life balance is so important, one wonders if it might be anachronistic to force employees to dedicate themselves to the company.
But surprisingly, Nippon Computer boasts the highest long-term employment rate in Japan.
The employees say that they will trust and follow Chairman Nagamori for the rest of their lives, even though he scolds them every day.
Why don't employees quit such a harsh company? It's because Nippon Computer is as committed to its employees' growth as it is to the company's.
Under the ironclad principle that "education is the best welfare," Chairman Nagamori has spent the past 50 years selecting ordinary or slightly lower-level talent and nurturing them into first-class individuals, rather than selecting elites from prestigious universities from the beginning.
When scolding, scold privately, but when praising, always praise publicly and loudly. Motivation is provided through a system of adding points rather than subtracting points. Regardless of gender or age, the first person to raise their hand is given a task and an opportunity.
If working hard at a company is fully aligned with a process of generous self-development, employees will have no reason not to work hard too.
Every company we acquire is back in the black,
The Midas touch that created the myth of infinite growth,
Now, again, learn 'Japanese Computer'!
Howard Marks, chairman of Oaktree Capital, a leading U.S. asset management firm, used the expression “SEE CHANGE” in a recent letter to investors.
This is an English expression that compares the seemingly eternal blue waves of the sea and the sea wall that completely changes the horizon.
The world is now facing a geopolitical and technological transition and is facing an economic downturn of unprecedented proportions.
The stock prices of companies that had been soaring to new heights are plummeting.
However, Japan Computer may be viewing this as an opportunity.
Historically, it is during these times that truly gem-like companies stand tall, leaving behind the stragglers and further solidifying their positions.
It is difficult to be certain that Chairman Nagamori and the staff of Nippon Computer, who are skilled in crisis management, will be able to dramatically overcome the long-term recession ahead.
Chairman Nagamori says this:
“It’s difficult, so we can’t all die together.
Someone has to move people, and those people have to move themselves to keep the company alive.
The speed is 50%.
30% of the effort is hard labor.
Ability is worth 150%, education is only 30%, and company reputation is only worth 20%.
This is the strategic arrangement of a company that overcomes a recession and makes money.” He is a true innovator who personally demonstrated the “third way” that anyone can overcome a crisis without reducing R&D expenses or reducing personnel.
The preparation for innovation is not complicated.
All you need is 'passion and enthusiasm'.
The long, bitter winter has begun.
But we can't just sigh.
How should we survive?
Now is the time to take a gamble on Nagamoriism.
The undefeated management philosophy of Chairman Shigenobu Nagamori is back!
In April 2022, Shigenobu Nagamori returned to the CEO role at Nippon Computer, ten months after leaving the front lines of management.
Chairman Nagamori said he decided to return to management after seeing Nippon Computer's stock price fall from 13,800 yen to 8,800 yen over a 10-month period.
Afterwards, Nippon Computer achieved its highest profit ever in the third quarter of 2022 (July-September), once again proving Chairman Nagamori's unique method of reviving a struggling company, the so-called "Nagamoriism."
Chairman Nagamori has his own unique method that can never be overcome by the power of organization and capital.
What is the secret of Nagamoriism, which achieved tenfold growth during the oil shock and Japan's worst long-term recession, known as the "Lost Decade," became the world's number one in every sector it touched, and acquired only companies in crisis to rebuild them?
Chairman Nagamori emphasizes that only "thorough fundamentals" and the "can-do" spirit are the driving force to overcome crises.
The guidelines for action are also specific.
“Get rid of the habit of writing reports that say ‘it can’t be done’”, “The newer the employee, the more likely he is to be deployed to the harsh real-world situations”, “Work twice as hard to compensate for any shortcomings in skills, and cut deadlines in half to build trust”, “Do what others say you can’t do, and never give up.
With guidelines such as “That’s a win by default!” and “The more you cherish an employee, the more you scold them until they cry,” he created a passionate and persistent work culture unique to Nippon Computer.
He believes that management theories that rely on fancy tricks are useless.
What companies really need is "unlimited competition based on ability" based on field know-how, and to achieve this, it's okay to completely abolish the sense of privilege based on academic background and seniority.
In an age where work-life balance is so important, one wonders if it might be anachronistic to force employees to dedicate themselves to the company.
But surprisingly, Nippon Computer boasts the highest long-term employment rate in Japan.
The employees say that they will trust and follow Chairman Nagamori for the rest of their lives, even though he scolds them every day.
Why don't employees quit such a harsh company? It's because Nippon Computer is as committed to its employees' growth as it is to the company's.
Under the ironclad principle that "education is the best welfare," Chairman Nagamori has spent the past 50 years selecting ordinary or slightly lower-level talent and nurturing them into first-class individuals, rather than selecting elites from prestigious universities from the beginning.
When scolding, scold privately, but when praising, always praise publicly and loudly. Motivation is provided through a system of adding points rather than subtracting points. Regardless of gender or age, the first person to raise their hand is given a task and an opportunity.
If working hard at a company is fully aligned with a process of generous self-development, employees will have no reason not to work hard too.
Every company we acquire is back in the black,
The Midas touch that created the myth of infinite growth,
Now, again, learn 'Japanese Computer'!
Howard Marks, chairman of Oaktree Capital, a leading U.S. asset management firm, used the expression “SEE CHANGE” in a recent letter to investors.
This is an English expression that compares the seemingly eternal blue waves of the sea and the sea wall that completely changes the horizon.
The world is now facing a geopolitical and technological transition and is facing an economic downturn of unprecedented proportions.
The stock prices of companies that had been soaring to new heights are plummeting.
However, Japan Computer may be viewing this as an opportunity.
Historically, it is during these times that truly gem-like companies stand tall, leaving behind the stragglers and further solidifying their positions.
It is difficult to be certain that Chairman Nagamori and the staff of Nippon Computer, who are skilled in crisis management, will be able to dramatically overcome the long-term recession ahead.
Chairman Nagamori says this:
“It’s difficult, so we can’t all die together.
Someone has to move people, and those people have to move themselves to keep the company alive.
The speed is 50%.
30% of the effort is hard labor.
Ability is worth 150%, education is only 30%, and company reputation is only worth 20%.
This is the strategic arrangement of a company that overcomes a recession and makes money.” He is a true innovator who personally demonstrated the “third way” that anyone can overcome a crisis without reducing R&D expenses or reducing personnel.
The preparation for innovation is not complicated.
All you need is 'passion and enthusiasm'.
The long, bitter winter has begun.
But we can't just sigh.
How should we survive?
Now is the time to take a gamble on Nagamoriism.
GOODS SPECIFICS
- Date of issue: March 29, 2023
- Page count, weight, size: 268 pages | 476g | 152*225*16mm
- ISBN13: 9791165346935
- ISBN10: 1165346931
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