Doesn't Japan have a tradition of long surviving privately held companies? Perhaps there are some lessons there

> Back in 2008, a Bank of Korea report found that of 5,586 companies older than 200 years in 41 countries, 56% of them were in Japan. In 2019, there were over 33,000 businesses in Japan over a century old, according to research firm Teikoku Data Bank. The oldest hotel in the world has been open since 705 in Yamanashi and confectioner Ichimonjiya Wasuke has been selling sweet treats in Kyoto since 1000.

https://www.bbc.com/worklife/article/20200211-why-are-so-man...

I've often wondered why Japan seems to maintain a culture of high quality artisinal work when the rest of the world is trending toward cheaper, lower quality mass produced goods. Perhaps these are related.