
Contents
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The Supposed Self-Made Man The Supposed Self-Made Man
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Corporations and the Public Good Corporations and the Public Good
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Fostering Elite Connections Fostering Elite Connections
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The Founding of the Company The Founding of the Company
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World War I and the Emergence of Japan’s Domestic Pharmaceutical Industry World War I and the Emergence of Japan’s Domestic Pharmaceutical Industry
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2 The Supposed Self-Made Man and his Company
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Published:June 2021
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Abstract
This chapter explores Hoshi Hajime's emergence as a so-called self-made man and the origins of his company. It examines how Hajime — with more than a little help from his extraordinarily influential friends — founded his company to take advantage of a climate that privileged Western medicines and emphasized the importance of medicinal self-sufficiency for Japan. The chapter contextualizes his early life story and his intellectual inspirations and globetrotting experiences amid the widespread changes occurring both inside and outside Japan at the turn of the twentieth century. Hoshi Pharmaceuticals followed a prosaic pattern of many successful companies in the early years of Japan's industrialization (and of companies throughout the world, then and now). Ultimately, the chapter unfolds how Hoshi Pharmaceuticals blurred the lines between state and industry and benefited from politicians' favoritism and largesse.
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