Staying power of Japanese companies attracts growing attention

Matsuya Department Store celebrates 100th anniversary of its Ginza outlet

2020501 Matsuya Ginza 100th anniversary

Matsuya Ginza held a kagami biraki ceremony, involving the breaking open of sake barrels, to celebrate its 100th anniversary on May 1. (Photo by Yurika Yoneda)

YURIKA YONEDA

TOKYO -- Matsuya Department Store celebrated the centenary of its Ginza outlet on Thursday, highlighting its status as one of over 45,000 Japanese companies in business for over 100 years.

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