Since the Ikeda cabinet revived the current decoration system in 1963, many businessmen have been decorated. Nowadays, because of the increased tenacity of acquiring a decoration,senior executives pursue a higher position and stay there for a longer period.Aging and moral hazards have become conspicuous phenomena among them. If the current deplorable system is abolished,if aged leaders change their interest into a service to the public utilizing their insight and expertise, and if the younger generation demonstrate their ability as new leaders, then we can expect a vital ethical 21st century.