What do you work for?No. 125

Hideki Yukawa — Paper, Pencil, and Light for a Defeated Nation

In 1949 — four years after defeat, amid ruins and food shortages — news raced through Japan: Hideki Yukawa had won the nation's first Nobel Prize. His weapons were neither apparatus nor vast funding, but paper and pencil.

At twenty- seven he predicted, by theory alone, the meson — an unseen particle binding protons and neutrons within the nucleus — later confirmed by experiment to the world's astonishment. The story speaks to the relation between resources and results: no money, no equipment, poor environment — no excuses are more convenient.

Yet Yukawa produced supreme results in the poorest environment with the fewest tools, for mind, paper, and pencil are capital no one can confiscate. And the prize meant more than physics: a defeated people remembered that a Japanese could stand first in the world — one scientist's work becoming a nation's backbone.

You, too, have paper and pencil. Is what's missing resources — or resolve?

What do you work for?

— Tomoki Nagano, Chairman & CEO, INSTINCT BIO TECHNICAL COMPANY (NASDAQ: BIOT)

About the Company

The Nasdaq-listed company where the author serves as Chairman.

This series reflects the personal views of the author. It is not an earnings forecast, a valuation of any security, or a solicitation to invest.