It’s time for corporate Japan to confront its deep-seated trauma from the bubble era and start building a more stable future. This was the blunt advice given by a renowned investor to company leaders at a recent conference.

Many in Japan still view the era that saw a massive stock market bubble burst in 1991 as a source of national shame and a cautionary tale. But the country’s corporate world has been slow to shake off the fear and caution that lingered in its wake.

This has led to a culture of conservatism and risk aversion, with many companies playing it safe and prioritizing short-term profits over long-term growth. But this approach is not only stifling innovation and progress, it’s also putting Japan’s economy at risk of stagnation.

## The Bubble Era’s Lasting Impact

The bubble era may be over, but its effects are still felt today. Many Japanese companies are still operating on a shoestring budget, with low profit margins and a focus on cost-cutting. This is a far cry from the innovative and entrepreneurial spirit that once drove Japan’s economic miracle.

But there are signs that things are starting to change. A growing number of Japanese companies are starting to take risks and invest in new technologies and projects. And with the help of investors like the one who spoke at the conference, they may finally be able to break free from the toxic legacy of the bubble era.

## Confronting the Past, Embracing the Future

So what does it take to overcome the trauma of the bubble era and build a more stable and prosperous future? It starts with confronting the past and acknowledging the mistakes of the past. This means recognizing the flaws in Japan’s corporate culture and economic system, and taking steps to address them.

It also means embracing change and innovation, and being willing to take calculated risks. This is not easy, especially for companies that have been operating in a state of denial for so long. But with the right support and guidance, Japan’s corporate world can start to undergo the transformation it so desperately needs.

## A New Era for Corporate Japan

The investor’s call to action is clear: it’s time for corporate Japan to move on from the toxic legacy of the bubble era and start building a more stable and prosperous future. This will require courage, vision, and a willingness to take risks. But with the right mindset and approach, Japan’s corporate world can finally start to realize its true potential.

It’s a prospect that’s both exciting and daunting, but one thing is certain: it’s time for corporate Japan to stop dwelling on the past and start looking to the future. With the help of investors, policymakers, and company leaders, Japan’s corporate world can finally start to build the stable and prosperous future it so desperately needs.

The path ahead will not be easy, but with the right mindset and approach, Japan’s corporate world can finally start to realize its true potential. It’s time for corporate Japan to move on from the toxic legacy of the bubble era and start building a brighter future. With courage, vision, and a willingness to take risks, Japan’s corporate world can finally start to thrive in a more stable and prosperous economy.