Stories

January 23, 2026

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In the modern corporate landscape, it is common to see executives receive massive bonuses even as their companies face financial turmoil. Haruka Nishimatsu, the former head of Japan Airlines, famously broke this cycle by putting his employees’ security before his own wealth. He recognized that a company is only as strong as the people who keep it running every day.

When the airline faced billions in debt and the threat of bankruptcy, Nishimatsu decided to slash his own salary to just $90,000. This move ensured that he was feeling the same economic pressure as the frontline workers he led. His choice was a profound statement that leadership is a responsibility to others rather than a path to personal enrichment.

Image Source: NBC News

Leading by Example Through Shared Sacrifice

Nishimatsu discarded the traditional perks of his high-ranking position to remain grounded with his workforce. He traded a private limousine for the city bus and waited in line for lunch at the staff cafeteria.

These daily actions removed the social distance that typically separates a CEO from the rest of the office. By working at a regular desk in an open-plan room, he made himself accessible to everyone in the building.

Image Source: The Wall Street Journal

Prioritizing People Over Short-Term Profits

During the 2009 financial crisis, Nishimatsu refused to use mass layoffs as a quick fix for the company’s rising debt. He understood that protecting the livelihoods of his staff was more important than protecting the executive payroll.

This commitment to job security built a deep sense of trust and loyalty throughout the entire organization. His strategy proved that a business can navigate a crisis without ever abandoning its moral compass.

Image Source: The Wall Street Journal

The True Source of Professional Respect

Nishimatsu demonstrated that real authority is earned through character and shared experience rather than a fancy title. He did not need a corner office or a massive paycheck to command the respect of his pilots and flight attendants.

His influence came from the fact that he stood right beside them when the company was struggling. This style of leadership serves as a timeless reminder of what it means to be a true steward of a brand.

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How a Local Grocery Turned into One of The Largest Supermarket Chains in The US

99 Ranch is a beloved Asian supermarket chain turned into a national powerhouse, under the management of the second-generation owners, Jonson and Alice Chen.

Established in 1984 in Westminster by their Taiwanese immigrant father, Roger Chen, the grocery store has now evolved into one of the largest Asian supermarket chains in America, with 58 stores in 11 states and its headquarters in Buena Park, California.

Catering extensively to ethnically Chinese communities, 99 Ranch Market has become more than just a grocery store for many Asian Americans in California. The name “99 Ranch” carries a double meaning: “ranch” symbolizes freshness, while “99,” pronounced “jiu jiu” in Mandarin Chinese, conveys longevity – signifying the company’s pursuit of near perfection with a commitment to constant improvement.

Jonson and Alice Chen represent the new generation of leadership steering the nearly 40-year-old grocery chain’s expansion across the United States. As children, they spent countless weekends at the store and their childhood experiences provided them with valuable insights and knowledge.

Today, the company grows most of its produce on specialty farms across the United States and Mexico, with a team of over 7,000 employees, 82% of whom are bilingual, to cater to the diverse needs of their customers.

According to Yahoo FInance, Part of 99 Ranch’s success lies in its responsiveness to the changing tastes of its customers. As trends evolve, the company actively includes Filipino ingredients, skewers, and spicy Sichuan flavors in their offerings.

As the Chen siblings carry the legacy of 99 Ranch forward, their commitment to serving their community and striving for excellence remains steadfast, ensuring the supermarket chain’s continued success on a national scale.

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These Dynamic Female Duos are Redefining the Food and Beverage Industry

The food and beverage industry, long dominated by men, is witnessing a transformation as a new wave of young female duos are making their mark and reshaping the sector to reflect their own vision. These inspiring women are blending their Asian heritage with a global upbringing and a willingness to take risks, showcasing the power of collaboration and innovation.

Elaine Chen and Maia Mah perfectly demonstrate this, as the regional director and creative director of Fukien Old Wine, a 181-year-old Chinese cooking wine brand. They organized a cocktail pop-up event at Soho House Hong Kong, combining traditional Chinese wine with modern trends.

Despite facing initial skepticism from their male-led head office, Chen and Mah are determined to introduce new ideas and adapt to societal changes. The success of the event surprised their colleagues, highlighting the duo’s ability to think outside the box.

Meanwhile, in Taiwan, Square Jao, a production designer, and her partner Lily Lin opened Plants Eatery, the country’s first gluten-free, whole-food restaurant. After the Fukushima disaster, Jao and Lin embarked on a mission to promote sustainable eating and raise awareness about the impact of food choices on the environment.

While vegetarianism is already popular in Taiwan, Jao and Lin’s restaurant offers strictly plant-based, gluten-free options, avoiding processed mock meats. Aside from their restaurant, they also published a cookbook in hopes to influence culinary schools to embrace plant-based and gluten-free cuisine, according to Tatler Asia.

In Japan, Eri Miyagi and Miki Nomura, both third-culture kids raised in the US, co-founded Cabi, a condiment brand aimed at introducing the flavors of Japan to Gen Z and Millennial home cooks. Cabi’s debut seasonings, including umami dashi soy sauce, sweet yuzu vinegar, and zesty sansho peppercorn miso, are designed to be versatile and cater to the modern urban lifestyle.

The rise of these female duos serve as an inspiration for a lot of underrepresented individuals, and remind us that with the proper determination and great collaboration, anything is possible.

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‘Bound’ Premieres at Seattle Opera Illuminating the Struggles and Triumphs of Asian Americans

Huang Ruo’s captivating chamber opera, “Bound,” made its highly anticipated premiere at Seattle Opera’s Tagney Jones Hall.

The opera sheds light on the enduring discrimination faced by Asian Americans, a social issue that has persisted since the enactment of the Chinese Exclusion Act in the late 1800s. Huang Ruo, a prominent Chinese composer, openly explores these themes, creating a thought-provoking, visually stunning, and musically intense work. Teaming up with librettist Bao-Long Chu, a Vietnamese poet, both artists made their Seattle Opera debuts, showcasing their impressive talents and expertise.

“Bound” narrates the experiences of second-generation Asian immigrants who grapple with their cultural heritage while striving to be fully embraced as Americans. Inspired by the true story of a high school student imprisoned due to truancy, the opera delves into the conflicts between individual aspirations and familial obligations. 

The characters in “Bound” are intricately bound in their own ways. Diane Tran, the protagonist portrayed masterfully by Karen Vuong, grapples with the rules and expectations of being a second-generation Asian adult, constantly torn between her family, work, and education. Khanh, Diane’s mother, haunted by guilt and memories, remains tied to her immigrant past. Judge Moriarty, who sentences Diane to imprisonment, represents an unjust system lacking empathy and understanding.

Huang shared with The Seattle Times that he aspires to fill every performance with a diverse audience, showcasing how opera reflects the lives and times of contemporary society. He firmly believes that opera is not solely for the elite few, as it reflects the diverse experiences of many.

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CEO Rose from Poverty to Build a Billion-Dollar Startup in Indonesia

EFishery, an agritech startup in Indonesia, has achieved unicorn status with a valuation of $1.4 billion, following a successful Series D funding round.

The company, co-founded by Gibran Huzaifah, who grew up in a disadvantaged neighborhood in Jakarta, raised $200 million in the latest funding round, led by Abu Dhabi’s 42XFund, with its value tripling from more than $410 million in 2022.

Notable participants in the funding round include Malaysia’s state pension fund Kumpulan Wang Persaraan, ResponsAbility Investments AG, 500 Global, and existing investors such as Northstar Group, Temasek Holdings Pte, and SoftBank Group Corp.

EFishery serves approximately 70,000 fish and shrimp farmers in Indonesia, providing them with technological solutions for their aquaculture operations. The recently secured funding will enable EFishery to fuel its expansion plans in Indonesia and India. Moreover, CEO Gibran Huzaifah expressed his ambition to pursue an initial public offering (IPO) in either the United States or Indonesia within the next two years.

According to Bloomberg, Huzaifah aims for EFishery to become a global leader in the aquaculture industry over the next five years, with an IPO potentially taking place as early as 2025.

Huzaifah grew up in the vicinity of slums in eastern Jakarta facing financial hardships due to his father’s job loss during his university years. With limited resources and no support network in a new city, Huzaifah found himself seeking shelter in various places, including the university campus and local mosques. At one point, he endured a three-day period without food. 

The personal story of CEO Gibran Huzaifah from poverty to building a billion-dollar startup serves as an inspiration to anyone facing adversity, showing that success can be achieved regardless of one’s humble beginnings.

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