Reflecting on his own practical experiences, Inamori compiled his thoughts on management and accounting into a book titled Kazuo Inamori's Practical Study: Management and Accounting, which was published in 1998. This section introduces content from lectures Inamori gave to students on various topics from the book. The lectures were presented as part of the Kyocera Management Studies, an endowed course at Inamori's alma mater, Kagoshima University.

Key Points

• Can one lead a business without understanding accounting?
• The concepts behind my accounting method
• My foundation for accounting: “Adhere to fundamental rules and principles”
• Decision-making criteria should transcend common sense
• Main quotes