Group of 100 Devotees of Koyasan and Kumano

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Chief director of Okasan Global Research Center

Hajime Takata

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1982: Graduated from the Faculty of Economics at the University of Tokyo.
1986: Graduated from a master’s program (in development economics) at Oxford University.
1982: Joined the Industrial Bank of Japan (present-day Mizuho Bank).
2000 to 2011: Served in positions including operating officer and chief strategist at Mizuho Securities.
2011: Became the chief economist at Mizuho Research Institute.
2020: Chief director of Okasan Global Research Center
Hajime Takata is a regular commentator on TV Tokyo’s World Business Satellite, an expert member of the Financial Services Agency’s Financial System Council, a member of the Cabinet Office’s Tax Commission, a member of the Advisory Board of the Japan Football Association, a member of the Ministry of Finance’s Fiscal System Council, and a member of the Economy and Technology Commission of the Tokyo Organising Committee of the Olympic and Paralympic Games.

The Heisei period has given way to the Reiwa era. The government’s characterization of the new era name as “heralding the coming of spring, like the remarkable flowering of the Japanese plum” signals an era of the plum flower, a species that typifies Wakayama Prefecture. Heisei was nothing if not an era of snow, one that continued for more than 30 years. The Reiwa plum flower symbolizes not the cherry blossom which signified “Japan as No. 1” during the Showa period nor the sunflower that signified the Showa bubble, but rather a perfect embodiment of “Cool Japan,” a new Japan that takes advantage of the country’s unique characteristics. The centripetal force that will enchant the world through the beauty of the Japanese plum in spring can be found in Wakayama. At its heart lie Koyasan and the Kumano Kodo, which have been registered as World Heritages. It seems to me that foreigners are trying to experience the spirit of Japan as they seek out this sort of Japanese spirituality.
The Japanese model going into the 2020s is not one of rapid economic growth as in a bubble, but rather one of sustainability. It is my expectation that as many people as possible will visit Wakayama in order to reassess this new Japan.

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