Please. Disdain for shareholder value does not lead to incredibly low profitability. There are several examples of US companies who put shareholders last and st

Please. Disdain for shareholder value does not lead to incredibly low profitability. There are several examples of US companies who put shareholders last and still do extremely well (P&G comes to mind). The primary problem of Japan's economy is lack of competition. In the US and Europe, exclusive contracts are illegal. In Japan, they are the norm. In Japan, the standard growth tactic in new product spaces is to gain market share as quickly as possible. Often at a loss. Then once a (small) group of companies collected up a critical mass, they would lock in some customers with exclusive long term contracts and segregate the contracts. Middle men are rampant. Export/Import controls are rampant, protecting the inefficient domestic companies from foreign competition. Japan has a two tier economy. The extremely efficient export economy, efficient because it must compete internationally, and the extremely inefficient import economy. Inefficient because, for the most part, it does not even has to compete domestically.