The columnist is inspired by Inamori, who has always insisted on having a strong passion for things, extreme focus and staying humble. — Handout
But the DPJ was not without its merits. As a matter of fact, they did something the previous LDP administration had not dared to do: To allow Japan's national carrier JAL, with its astronomical debt of ¥2.322tril yen and a share face value of barely ¥1 yen, to file for bankruptcy. Inamori had earlier depicted JAL as Japan’s worst post-war corporate bankruptcy instance with only 7% chance of resurrection. Nonetheless, he did not give up and asserted that in seeking a breakthrough for the ailing airline, the Japanese people could deliver their country out of the economic gloom it was then facing.
On the contrary, our very own Malaysia Airlines brought in a foreign CEO during Datuk Seri Najib Razak's tenure as prime minister, but he failed to implement all the essential reforms. In a way, the company has missed the unique opportunity to give itself a meaningful rebirth during – and after – the pandemic.
Japan has come a long way to become one of the most developed nations in Asia and the world at large, the cost of travel accommodation in Japan can be higher compared to many other places