予期せぬ巨大な力が出現した。

石油ショック後、企業体質を強化し再び成長軌道に乗った日本経済に、世界からマネーが押し寄せる。

地道なものづくりをあざ笑うほどの力を持つマネーの誘惑に、日本はかられていく。

そして今度はマネーが、日本の右肩上がりの数字を支えるようになる。

Unexpected gigantic power appeared.

After the 1st Oil Crisis, a whole bunch of money was flowing into Japan’s economy (market) which had consolidated management cultures in order for Japanese companies to be able to make profits even when facing a slowdown in the economy.

Japan was going to be driven into a fully absorbed in the financial market by the power of money’s seduction as if it was sneering at manufacturing which needed steady and serious efforts.

Also this time, money started to support Japan’s steady economic growth.



The Economic Bubble

2015年10日、株価は15年ぶりに20,000円突破。しかしかつてその2倍の値をつけた時代があった。バブル 未曾有の好景気に踊った日本。

不動産価格が急騰、株価も¥38,000を超え、史上最高値をつけた。しかし、バブルは崩壊し、日本は20年にも及ぶ経済停滞の時代に突入していく。

なぜバブルは生まれ、膨らみ、弾けたのか?

なぜ日本経済は長い停滞から抜け出せていななかったのか? 日本人はなぜ突然、バブルに熱狂したのか?

バブルの真相を暴くため NHK は 100人を超える当事者を改めて取材した。

64年 東京五輪
70年 大阪万博
85年 プラザ合意
89年 冷戦終結

On April 10 2015, a stock price exceeded ¥20,000 for the first time in 15 years. However, it has risen once above ¥38,000 in history during the period of economic bubble when people were going crazy about the boom.

The stock price reached the highest price and prices of real estate also rose sharply. Then, the bubble burst and Japan was going into the stagnation which would last for more than 20 years.

How was the bubble created and why did the bubble burst?

Why has not Japan’s economy been able to recover from such a long stagnation?

In order to expose the truth of the economic bubble, NHK (Japan Broadcasting Corporation) interviewed more than 100 parties concerned.

1964 Tokyo Olympic Games
1970 Osaka International Exposition
1985 Plaza Accord
1989 The end of the Cold War

Zaiteku

世界経済が大きく変化した80年代以降、日本と日本人に何が起きていたのか?

80年代後半、突然急激に上昇・加熱した時期、これがバブル。当時、財テクという言葉が流行るなど、日本中が熱くなった。

*財テク・・・企業が本業以外に、余剰資金や低利の調達資金を株式・債券・土地などに投資して、資金の運用を多様化・効率化するための方法。 個人が行う場合にもいう(引用/コトバンク)。

1986年放送 NHK特集「世界の中の日本」 財テクで名を成した経営者を取材した番組。

After 1980’s when the world economy changed dramatically, what was happening to Japan and Japanese people?

In the late 80’s, there was a sudden sharp appreciation of Japan’s economy happened. This was the so-called economic bubble. Back then, the word of *“Zaiteku” boomed and people went crazy about increasing their own property.

*Zaiteku: Literally “Financial Engineering”, strategic moneymaking through investment in stocks, bonds, and so on.

NHK feature “Japan in the world”, broadcasted in 1986.
(A TV program which introduced managers who made a large amount of money by Zaiteku.)



World’s Kita Money

阪和興業、 北茂社長 「世界の北マネー」の異名をとり、知れ渡っていた人物。

本業は鉄や金属を扱う鉄鋼商社だが、この頃積極的な資金運用で’財テク’を拡大していた。

社長室の隣にディーリングルームを作り、世界の金融市場で財テクを駆使し、 巨額の利益を上げていた。

今日は1億円/ 日。大したことない。5億の日もあるし、楽な商売ですよ。

The President of Hanwa Shigeru Kita had become a famous person in the financial world and his nickname was “World’s Kita Money”.

His main occupation was the steel commercial business handling steel and metal. However, he was promoting to expand Zaiteku by very aggressive fund management.

He created a dealing room which was next to his president room and had also made full use of Zaiteku as well as earning astronomical profits in financial markets.

Today, we earned ¥100 million, but it’s not very big for us. We can also earn ¥500 million in a day sometimes. It’s a cushy job.”

Shigeru Kita

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