Interestingly, this feels related to the low levels of entrepreneurship (Japan ranks 4th lowest in the world)

https://bradchattergoon.com/japan-and-entrepreneurship-e468a...

These things are neither universally good nor bad: I do believe the Japanese conception of duty (and how it diverges from an American sensibility) plays a large role in the fact 33k businesses are over 100 years old. As an American this many businesses is definitely an impressive number, but then again, 100 years ago the US was only 143 years old. We’re ~3 lifetimes (8 generations) away from the signing of the Declaration of Independence. ️