[L]Eiichi Shibusawa [R]Takeo Yamanobe

Takeo Yamanobe Meets Eiichi Shibusawa

In 1851, Takeo Yamanobe was born in the Iwami region (present Shimane Prefecture). He was adopted by the Yamanobe family, and went to Tokyo to study English. In 1877, he travelled to England, and there he chose to study economics at the University of London.
In the spring of 1879, the then leader of the Japanese financial world, Eiichi Shibusawa, suggested that Yamanobe become a spinning engineer, to which he willingly agreed. It was this meeting that set our company into motion.

Shibusawa sent the sum of 1500 yen (a few tens of millions of yen in today's money) to Yamanobe as research funds.