Sannenzaka Correspondence

Editors’ Diary 09/08/2023

In Japan, economic journalism, including newspapers, revolves around understanding the monetary flow aligned with the domestic banking lending system, with the aim of strategically harnessing this circulation to bolster proprietary business ventures and inherent strengths. Regarding parallel economic topics, certain companies extensively rely on articles from news agencies. Moreover, there are companies that focus their investigative capacity on topics intertwined with specific political contexts—examples include, for instance, the recent battles surrounding issues like power system reform. As a result, within the realm of general newspapers, there are companies adept at ingeniously blending public information to craft engaging narratives, thereby avoiding wasteful effort. This approach proves exceedingly advantageous.

Regarding the disclosure practices of major corporations, topics related to management are predominantly covered by the Nikkei Shimbun, followed by the Nikkan Kogyo Shimbun, or occasionally within the newspaper of my former affiliation. While the Nihon Kogyo Shimbun once existed, it is currently on hiatus. Curiously, I had multiple interactions with alumni from this newspaper.

By the way, since my early days as a novice employee, I have held a consistent interest in foreign sovereign wealth funds and state-driven enterprises. This predilection naturally stems from their involvement within the Westphalian system, democratic governance (or developmental autocracy), and the intricate interplay of market orders. It was fortunate that in the early stages of my voyage in the territory of telecommunication, I was able to engage in pioneering exclusive reporting on such compelling topics.

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