Many of the corporations with headquarters in Osaka are world-renowned. Its logistically convenient location, production capacity, and marketability are among the qualities that have attracted them, resulting in a high concentration of business entrepreneurs with a richly enterprising spirit in the prefecture.
Let's take a look at the historical background to Osaka's development as a business center.
Osaka's history as a center of business can be traced back to the 17th century. Japan's only distribution center was located here. Prices of vital products such as rice and timber were set in Osaka, which stood at the center of the Japanese economy.
Powerful merchants gathered in Osaka from all over Japan, dug their own canals, built bridges, and created a new urban center. Groups of artisans also assembled there, transforming raw materials such as cotton and steel into products like clothing, firearms, and swords.
The systems that undergird the world's contemporary financial, insurance, and futures trading businesses were also generated by Osaka merchants.
Vision, ambition, an independent spirit, and the ability to get things done—it was Osaka that provided the stage for people with these qualities to act. This tradition is still being passed on today.