Earlier quoted context omitted.
I lived in an old, converted GE lightbulb factory. I doubt the management around back in 1912 would recognize the company today. Imagine explaining that GE would make a thing called a “jet” engine that would let people fly between continents in a few hours. Or that they’d be building power plants that worked by splitting atoms. And then tell all the workers that all light bulbs they’re making will be made in China in…
Well, in 1912, jet-engine-powered aircraft and atomic energy would not seem like far-fetched ideas. Certainly not to educated research engineers at GE, anyway. People routinely underestimate how technologically advanced the world was prior to WW1. Aerospace was advancing rapidly, and chemistry was quite well understood in 1912. A jet engine requires precision manufacturing but otherwise is not a complex idea. Radiati…
Japan has 33k businesses at least a century old
161–170 of 272 posts
Re: Japan has 33k businesses at least a century old
#162Earlier quoted context omitted.
One of my favorite YouTube channels, Sampson Boat Co, is doing just that: a young shipwright is rebuilding the classic sailing yacht Tally Ho piece by piece, in a modest workshop by the sea up in Oregon. It will be all new by the time he’s done, minus some hardware, but he has never lost continuity with the original hull. This is just how wooden boats are, whether you do it bit by bit, or as a big project, eventually…
>This is just how wooden boats are, whether you do it bit by bit, or as a big project, eventually you replace just about all of it every 100 years or so. If you replace one specific part of the shit(Keel), it is by law a new ship. It needs to be accredited again if it is to be used commercially.
Re: Japan has 33k businesses at least a century old
#163Earlier quoted context omitted.
Even in the West we consider adoption to be legitimate.
Considering it is illegal in the UK and frowned upon by the IRS, it leads me to think you are confusing adoption of children with the adoption of adult men. Note how often these adult men are being adopted along with marrying the daughter of the family. I dare say outside of Japan such an arrangement would be considered weird.
How does that work? They become both husband and brother to the same person?
Re: Japan has 33k businesses at least a century old
#164Earlier quoted context omitted.
Now imagine being a worker at Kongō Gumi Co., Ltd and 14 centuries ago you told them that in the 21st century they would build skyscrapers... Oh, and that the 21st century is a way of counting centuries of the west, that was just being invented around that time, that would be implemented in Japan about 4 centuries later
I don't know if that would be so unimaginable. The pyramid of Giza is taller than many skyscrapers.
Re: Japan has 33k businesses at least a century old
#165Earlier quoted context omitted.
One of my favorite YouTube channels, Sampson Boat Co, is doing just that: a young shipwright is rebuilding the classic sailing yacht Tally Ho piece by piece, in a modest workshop by the sea up in Oregon. It will be all new by the time he’s done, minus some hardware, but he has never lost continuity with the original hull. This is just how wooden boats are, whether you do it bit by bit, or as a big project, eventually…
>This is just how wooden boats are, whether you do it bit by bit, or as a big project, eventually you replace just about all of it every 100 years or so. If you replace one specific part of the shit(Keel), it is by law a new ship. It needs to be accredited again if it is to be used commercially.
Re: Japan has 33k businesses at least a century old
#166If I own a reasonably successful business, and want the prestige / vanity of something like "Since 1953", could I buy a small / failing business in some small town and merge the companies? Would my company now technically be running since 1953? I have companies in both Japan and the US. It's a fun though experiment at the very least. I don't think I'd ever execute on something like this, but a software development ag…
In your example the younger company is absorbing the older one, so the old ceases to exist.
Re: Japan has 33k businesses at least a century old
#167Earlier quoted context omitted.
But in the West, even if you just gave your business away to another person who continued to run it, we would still consider that the same business.
Not always though, sometimes we say they've 'sold out' or are 'not the same'. E.g. Fuller's (London brewer) now owned by Japanese conglomerate, Church (Northampton shoes, was still in the family) bought by Prada.
Re: Japan has 33k businesses at least a century old
#168Earlier quoted context omitted.
My 8 year old nephew told me my techno playlist sounded like old people's music...
To my daughter "The Fat of the Land" album by The Prodigy is exactly as old as "Sgt. Pepper's Lonely Hearts Club Band" by The Beatles to me (number of years between respective album releases and our birth years).
Re: Japan has 33k businesses at least a century old
#169Earlier quoted context omitted.
One of my favorite YouTube channels, Sampson Boat Co, is doing just that: a young shipwright is rebuilding the classic sailing yacht Tally Ho piece by piece, in a modest workshop by the sea up in Oregon. It will be all new by the time he’s done, minus some hardware, but he has never lost continuity with the original hull. This is just how wooden boats are, whether you do it bit by bit, or as a big project, eventually…
That is one absolutely amazing job. Wonder what his timetable looks like.
Re: Japan has 33k businesses at least a century old
#170Earlier quoted context omitted.
>This is just how wooden boats are, whether you do it bit by bit, or as a big project, eventually you replace just about all of it every 100 years or so. If you replace one specific part of the shit(Keel), it is by law a new ship. It needs to be accredited again if it is to be used commercially.
Reminds me of a story from a morning radio show. Guy calls in to say how he "legally" stole a car. Steals expensive car, strips it, abandons frame. Frame is collected and put up for auction. Thief buys bare frame and puts all the stripped parts back on.