This proposed research aims to clarify the historiographical issues related to the origins of Japan’s business culture and its industrialization. Because these issues have not been adequately explained by the studies done by James C. Abegglen, I will fill this gap so as to obtain a deeper understanding of the transformation of Japan into a modern and unique industrialized society. The case of Japanese business is distinct from the business culture embodied in Western modern industrialized society. I expect new inspiration can be drawn from this enquiry, thereby enabling the rethinking of the progress, future direction and development path of Chinese business.