What do you work for?No. 110

Sontoku Ninomiya — Sekisho Idai: Great Things From Small

Sontoku Ninomiya — the boy reading books while hauling firewood — was a far more formidable businessman than the statue suggests. Floods destroyed his family's fields; orphaned, the family scattered.

Living with an uncle who scolded him for wasting lamp oil on reading, he grew his own rapeseed to trade for oil and kept studying; he planted seedlings on waste ground, converted them to rice, and step by step restored his family. From this came his lifelong philosophy: sekisho-idai — accumulate the small to achieve the great.

He went on to rebuild over six hundred bankrupt villages, not with flair but with thorough field surveys, disciplined budgets, and the ceding of surplus to the future and to others — data-driven management and reinvestment, in the Edo period.

Our own trillion-yen vision rests identically on one formulation, one inspection, one customer at a time. Only those who hold both the great dream and the small practice turn wasteland into rice.

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.