...the differences between U.S. and Japanese companies go beyond the cultural. - Akio Morita

We tell our young managers: 'Don't be afraid to make a mistake. But make sure you don't make the same mistake twice'.

'There is a major difference between you and me,' I told him. 'Yes, I am rich. But you are wealthy. And that is why you can buy such (expensive jewelry (for your wife and why I cannot.'

(Japanese Government believes that if you have a big laboratory with all the latest equipment and good funding it will automatically lead to creativity. It doesn't work that way.