Key Points
- Global conflicts are estimated to cost the Japanese industry between 12 and 26 trillion yen annually.
- Rising oil prices, particularly from potential instability in Iran, could alone account for a 10 trillion yen loss.
- The traditional concept of “economy” (Keisei Saimin) emphasizes governing the world and helping people over mere profit.
- A proposed “Peace Fund” would utilize corporate cash reserves to generate sustainable funding for peace-building activities.
- The goal is to establish a “Peace Industry” that frees humanity from the constraints of time, location, and financial insecurity.
Full Transcript (English)
Guest (Tatsuo Sato): Currently, wars, conflicts, and civil wars occurring in various countries are causing an economic loss to the Japanese industrial sector estimated at 12 to 26 trillion yen per year. In particular, if a crisis occurs in Iran and oil prices rise, that alone could result in a negative impact of about 10 trillion yen. This is the current situation.
Host (Jun Hori): So, how do we solve this?
Guest: The original meaning of “economy” is to govern the world and help the people. The business world shouldn’t just be about making profits and increasing market capitalization. It should be about governing society and helping many people through economic activities. I want the global business community to take this as their own responsibility.
Guest: When companies become large, they have fewer founder-owners who can simply say, “This is important, let’s do it.” It becomes difficult to explain investments in such activities to shareholders. That’s why the movement is currently small.
Guest: My proposal is this: just give us 10 billion yen for 10 years. I’ve looked at the cash and cash equivalents on your balance sheets. Your company has 5 trillion yen, another has 1 trillion yen, and another has 800 billion yen. Just entrust us with 10 billion yen for 10 years. We won’t provide a financial return. Instead, we will promote the fact that your company is making a massive contribution to peace activities.
Guest: If we can manage that fund at about a 5% return, about 1 billion yen remains. After management fees and capital gains taxes, about 600 to 700 million yen would be left. That becomes a significant source of funding for various peace activities.
Guest: By positioning this as a “Peace Industry,” we can create a new generation of humanity liberated from the constraints of time, place, and money. I believe everyone around the world should cooperate on this.
