Former Sony CEO Idei on the Challenges Facing Japan Inc.

The video discusses Japan's economic slump despite years of stimulus, highlighting the need for a shift in corporate mindset to foster entrepreneurship. It explores the impact of technology and activism on corporate culture, challenges faced by young entrepreneurs, and the importance of improving corporate governance in Japan.

What is one of the main challenges in changing the corporate mindset in Japan?

• Lack of technological advancements

• Conservative philosophy of Japanese entrepreneurs

• Excessive focus on shareholder returns

• Over-reliance on foreign investments

How is technology influencing changes in Japanese corporate culture?

• It is reducing the need for governance reforms

• It is increasing the focus on stable management

• It is forcing companies to adapt and change

• It is making companies more conservative

What are some concerns of young Japanese entrepreneurs regarding the corporate culture?

• Strict regulations and traditional mindset

• Limited access to technology

• Lack of global opportunities

• Excessive competition from Europe

What does the 'E' in ESG stand for, which has become popular in Japan?

• Economy

• Environment

• Efficiency

• Equity

What is a suggested way to improve corporate governance in Japan?

• Eliminating all regulations

• Inviting outside board members

• Focusing solely on financial performance

• Reducing the number of board members