PDCA日記 / PDCA Diary

継続は創造だ! / Continuity is Creation!

PDCA日記 / Diary Vol. 812「会社は多くのステークホルダーのもの」/ "The company belongs to many stakeholders"

English follows Japanese.

PDCA日記 Vol. 812「会社は多くのステークホルダーのもの
















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P.S. 私の家族の一人が長年証券会社で働いていたのですが、そこの前社長の先祖は近江商人だったそうです。








< Mr. PDCAのボンジュール英語「三方よし」 = 「Benefit for All 3 Sides」>


今回出てきた「三方よし」を英訳するは中々チャレンジングですが、「Benefit for All 3 Sides」が一つの表現方法になります。


「顧客、会社、世間」の英訳は、「Buyer, Seller, Society」とすればよいですね😊







PDCA (plan-do-check-action) Diary Vol. 812 "The company belongs to many stakeholders"

The proposition "Who is the owner of the company?" is often discussed not only in Japan, but also in the United States.


When I was working in New York, colleagues those who were from various countries and regions talked about this theme, and each person had different ideas.


The material to be introduced today "Why the owner management is strong (Japanese Only)" is an interesting book written by Vice Chairman at a foreign financial institution.


He had years of practical experiences in the securities industry with an academic perspective as a Juris Doctor, so this book gives a lot of suggestions to business persons like us.


This material mentioned that "The company belongs to many stakeholders, mainly shareholders", and added the below phrases.


"A state that maximizes the interests of many stakeholders, mainly shareholders, will be the excellent corporate governance.


In order to realize this, it can be said that 'A company that has grown profit over the long term in harmony with society will have excellent corporate governance' ". (Unquote)


Let's function PDCA today!   


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P.S. One of my family members worked at a securities company for many years, and its former CEO's ancestor was an Omi merchant.


Omi is a place name in the Edo period, current Shiga prefecture located in Kansai region near Osaka.

Osaka is a trading town from ancient times and Omi also had a lot of capable merchants.


Speaking of Omi merchants, the idea of "Benefit for All 3 Sides (Buyer, Seller & Society)" is famous.


"Benefit for All 3 Sides" is the idea that "It is natural for the buyer and the seller to be satisfied in business. In addition, good business will contribute to society".


Since many ancient Japanese merchants were aware of "Benefit for All 3 Sides", it has been confirmed that Japan has the world's largest number of established companies that have been running for hundreds of years.