All of the five articles in this special issue were read at the fifth annual meeting of the Business History Society of Japan which was held at the Nanzan University on November 8 and 9, 1969. In the opening address, Yamamoto explained why the fifth annual meeting had chosen the Characteristics of Business Management in Japan as its central subject, looking back to the central subjects from the first to the fourth meetings. He emphasized the influence of business management upon the economic growth and then introduced Chandler's and Farmer-Richman's theories which view the management as the most important dynamic force of economic development, and lastly pointed out three problems to be answered about the central subject : (1) How should the management functions in rapid economic growth in Japan be understood ? (2) What are the characteristics of Japanese business management ? and (3) Through what processes have they been formed historically ? Following Yamamoto's introduction, four papers were read. The first paper by Sugiyama of the Seikei University tried to clarify Japanese characteristics of business management through the comparison and analysis of the financial management of the cotton-spinning companies in the pre-War period. The second speaker, Yoshida of Keio Ueiversity, explored the central subject by explaining the history of production management in the electric manufacturing industries. The third speaker, Hazama of Tokyo University of Education, approached the subject by investigating the Japanese paternalistic style of labor management during the World War I period. The fourth and last speaker, Noda of Seikei University, compared the management philosophy of Mitsubishi with that of Mitsui and discussed Japanese characteristics of management organization. After these reports, a panel discussion on the above subject was held, and Sakai of the Nanzan University and Yamamoto presided over this symposium.