Tuesday, 14 November 2017

Visiting Funabashiya 200-year old confectionary store

Today together with prof. Goto we visited Funabashiya a confectionary store established in 1805 and located Kameido district in Tokyo. The store might not look very impressive on the outside but inside is a totally different experience...


Funabashiya is proudly displaying it’s store sign with the calligraphy of the company name written on wood by Eiji Yoshikawa a famous Japanese historical novelist. Store sign dates back to after the war when the store was completely burned down and had to be rebuild from rubbles. Funabashiya current logo has 4 hidden meanings: Japanese hiragana alphabet letter KU for their product ‘Kuzumochi’, Japanese katakana alphabet letter FU for their name ‘Funabashiya’; those two sigs together form a DNA symbol, which is placed in the rectangular shape resembling tortoise shell and representing Kameido district.

Funabashiya is famous for their traditional sweets called „kuzumochi” made from a plain wheat flour fermented for 450 days. After the fermentation process is over flour is cooked and shaped into simple cubes with unique quality of firmness, which are then served with sweet sugar syrup and roasted soy flour. The main point is that after 450 days of preparation, this products has to be sold within 2 days! Funabashiya is very serious about maintaining this unique feature as it relates to natural traditional from Edo period as well as the elusiveness of human experience and of life itself. 

Funabashiya is a great example of ‘continuity trough change’ and also that it is never too late to succeed in business. They have very interesting family wisdoms such as “Reputation of the store is more important than blood” meaning that successors should be selected based on ability and not traditionally Japanese oldest son system. Another family motto is “make it than you sell” meaning both that good quality products will sell itself, as well as that selling bad quality products is unethical and short-sighted. Interestingly enough today’s CEO re-interprets “making” not only as manufacturing good quality product but as providing a unique customer experience, developing employees and relationships with local community. As a result 200-year old family wisdom remains intact and continues to guide the company in the 21st century. Also what is interesting company director general Ms. Sato’s hobby is research in the company culture and she has some impressive results. She might be one of the most talented self-taught business archivists and historians I have ever met!
Despite limitations to their scale of operations resulting from the production technology, Funabashiya is currently experiencing a boom for their products resulting from increase in health awareness and gluten free nature of their product. They currently have 23 stores around Tokyo and are expanding into pharmaceutical supplement business and plan overseas expansion. Despite 200 years they seem to still have their best years ahead of them! Just listen how their CEO and 8th generation owner Mr Watanbe talks about his business (in Japanese).