--- title: "Meaning & Key Takeaway of: The \"third arrow\" (of structural reform)…" description: "\"The \"third arrow\" (of structural reform) is critically important. Japan has some of the best companies in the world, and if you look at their technolog..." image: "https://sms4smile.com/quotes/i/5b5/jamie-dimon-1320_arrows_the-third-arrow-of-structural-reform-is_1492830.jpg" --- # The "third arrow" (of structural reform) is critically… ![“The "third arrow" (of structural reform) is critically important. Japan has some of the best companies in the world, and if you look at their technology, their capability, it's extraordinary.” quote by Jamie Dimon](https://sms4smile.com/quotes/i/5b5/jamie-dimon-1320_arrows_the-third-arrow-of-structural-reform-is_1492830.jpg) [Download](https://sms4smile.com/quotes/i/5b5/jamie-dimon-1320_arrows_the-third-arrow-of-structural-reform-is_1492830.jpg) [Open image](https://sms4smile.com/quotes/i/5b5/jamie-dimon-1320_arrows_the-third-arrow-of-structural-reform-is_1492830.jpg) > “The "third arrow" (of structural reform) is critically important. Japan has some of the best companies in the world, and if you look at their technology, their capability, it's extraordinary.” [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Japan's structural reforms are vital; its companies excel in technology and capability, making them globally competitive. **In simple terms:** Japan's reforms boost its top tech firms. Key Takeaway Support reforms that enhance innovation. Themes economics innovation global competition Mood optimistic analytical strategic Type analysis economic When to use this quote - investment decisions - policy making - business strategy - education curricula Key Concepts structural reform technology leadership industry standards Questions to Reflect On - What reforms could further strengthen Japan's tech sector? - How can other nations learn from Japan's approach? A Different Perspective Reforms may face political resistance or cultural inertia. ★ ★ ★ ★ ★ No ratings yet [Arrows](https://sms4smile.com/quotes/about/arrows/) [Best company](https://sms4smile.com/quotes/about/best-company/) [Capability](https://sms4smile.com/quotes/about/capability/) [Company](https://sms4smile.com/quotes/about/company/) [Extraordinary](https://sms4smile.com/quotes/about/extraordinary/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Important](https://sms4smile.com/quotes/about/important/) [Important Japan](https://sms4smile.com/quotes/about/important-japan-5457576/) [Japan](https://sms4smile.com/quotes/about/japan/) [Japan Best](https://sms4smile.com/quotes/about/japan-best-992617/) [Looks](https://sms4smile.com/quotes/about/looks/) [Reform](https://sms4smile.com/quotes/about/reform/) [Structural Reform](https://sms4smile.com/quotes/about/structural-reform-5087650/) [Technology](https://sms4smile.com/quotes/about/technology/) [Technology Capability](https://sms4smile.com/quotes/about/technology-capability-5457577/) [Thirds](https://sms4smile.com/quotes/about/thirds/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [It is important that both Japan and the United States continue to invest very heavily in the alliance to build up our defense.](https://sms4smile.com/quotes/donald-trump/it-is-important-that-both-japan-and-the-united-states-continue-to/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Shooting in Japan was one of the best working experiences of my entire life.](https://sms4smile.com/quotes/aidy-bryant/shooting-in-japan-was-one-of-the-best-working-experiences-of-my/) [Aidy Bryant](https://sms4smile.com/quotes/author/aidy-bryant/) > [The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the…](https://sms4smile.com/quotes/lucas-papademos/the-government-is-determined-to-continue-the-process-of-fiscal/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [Men who know the same things are not long the best company for each other.](https://sms4smile.com/quotes/ralph-waldo-emerson/men-who-know-the-same-things-are-not-long-the-best-company-for-each/) [Ralph Waldo Emerson](https://sms4smile.com/quotes/author/ralph-waldo-emerson/) > [I myself am best When least in company.](https://sms4smile.com/quotes/william-shakespeare/i-myself-am-best-when-least-in-company/) [William Shakespeare](https://sms4smile.com/quotes/author/william-shakespeare/) > [However, if one has been playing the buy-and-hold game with quality securities, one has been exposed to a substantial amount of market risk because…](https://sms4smile.com/quotes/michael-burry/however-if-one-has-been-playing-the-buy-and-hold-game-with-quality/) [Michael Burry](https://sms4smile.com/quotes/author/michael-burry/) > [You're creating music to pull people into a world, whether it be a visual medium where music is just one element, or a purely…](https://sms4smile.com/quotes/andrew-hollander/you-re-creating-music-to-pull-people-into-a-world-whether-it-be-a/) [Andrew Hollander](https://sms4smile.com/quotes/author/andrew-hollander/) > [Another way of looking at this, is that the best companies are almost always mission oriented.](https://sms4smile.com/quotes/sam-altman/another-way-of-looking-at-this-is-that-the-best-companies-are-almost/) [Sam Altman](https://sms4smile.com/quotes/author/sam-altman/) > [I’ve loved the whole process. 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Great companies often do two of these. The very best companies do…](https://sms4smile.com/quotes/sam-altman/you-can-create-value-with-breakthrough-innovation-incremental/) [Sam Altman](https://sms4smile.com/quotes/author/sam-altman/) > [If the best company is that which we leave feeling most satisfied with ourselves, it follows that it is the company we leave most…](https://sms4smile.com/quotes/giacomo-leopardi/if-the-best-company-is-that-which-we-leave-feeling-most-satisfied/) [Giacomo Leopardi](https://sms4smile.com/quotes/author/giacomo-leopardi/) > [I will always do what's best for the company.](https://sms4smile.com/quotes/payal-kadakia/i-will-always-do-what-s-best-for-the-company/) [Payal Kadakia](https://sms4smile.com/quotes/author/payal-kadakia/) > [Live always in the best company when you read.](https://sms4smile.com/quotes/sydney-smith/live-always-in-the-best-company-when-you-read/) [Sydney Smith](https://sms4smile.com/quotes/author/sydney-smith/) ## More by Jamie Dimon > [I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster.…](https://sms4smile.com/quotes/jamie-dimon/i-think-if-we-had-another-set-of-policies-for-not-the-crisis-years/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very…](https://sms4smile.com/quotes/jamie-dimon/i-learn-from-all-our-major-competitors-whether-they-re-in-or-out-of/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to…](https://sms4smile.com/quotes/jamie-dimon/the-united-states-has-the-best-deepest-widest-and-most-transparent/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [People always say to me, "What if it doesn't work?" If it doesn't work, we redouble our effort. We're not going to cry like…](https://sms4smile.com/quotes/jamie-dimon/people-always-say-to-me-what-if-it-doesn-t-work-if-it-doesn-t-work-we/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [We've made a huge effort globally and in the US, in getting kids jobs. This is one piece. The South Bronx and inner-city schools…](https://sms4smile.com/quotes/jamie-dimon/we-ve-made-a-huge-effort-globally-and-in-the-us-in-getting-kids-jobs/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [You know, the benefit in life is to say, 'Maybe you made a mistake, let's dig deep.](https://sms4smile.com/quotes/jamie-dimon/you-know-the-benefit-in-life-is-to-say-maybe-you-made-a-mistake-let-s/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We…](https://sms4smile.com/quotes/jamie-dimon/jp-morgan-always-has-higher-capital-liquidity-that-is-partially-to/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good…](https://sms4smile.com/quotes/jamie-dimon/trade-is-very-good-for-the-country-it-s-very-good-for-the-gdp-it-s/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I've asked our people, "Why don't we just put a revolver on top of our basic loan?" Make it easier for the client.](https://sms4smile.com/quotes/jamie-dimon/i-ve-asked-our-people-why-don-t-we-just-put-a-revolver-on-top-of-our/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for…](https://sms4smile.com/quotes/jamie-dimon/as-a-matter-of-fact-25-of-our-u-s-investment-banking-business-comes/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [ Not every company went bankrupt. Not every bank needed TARP \[Troubled Asset Relief Program\]. So I'm very proud that JPMorgan, throughout that time period,… ](https://sms4smile.com/quotes/jamie-dimon/not-every-company-went-bankrupt-not-every-bank-needed-tarp-troubled/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I do want the tax system to be efficient and be conducive to growth, which it is not.](https://sms4smile.com/quotes/jamie-dimon/i-do-want-the-tax-system-to-be-efficient-and-be-conducive-to-growth/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [ There are parts \[in Dodd-Frank\] that I don't agree with. But, in total, it is what it is. ](https://sms4smile.com/quotes/jamie-dimon/there-are-parts-in-dodd-frank-that-i-don-t-agree-with-but-in-total-it/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [It's good for America when the rest of the world grows, because you can sell more to the rest of the world.](https://sms4smile.com/quotes/jamie-dimon/it-s-good-for-america-when-the-rest-of-the-world-grows-because-you/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.](https://sms4smile.com/quotes/jamie-dimon/we-had-a-lot-of-gridlock-on-a-lot-of-issues-but-the-american-system/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) [Explore all 257 Jamie Dimon quotes ](https://sms4smile.com/quotes/author/jamie-dimon/) ## More Arrows quotes > [With the arrival of electric technology, man has extended, or set outside himself, a live model of the central nervous system itself. 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McQueen](https://sms4smile.com/quotes/author/steven-r-mcqueen/) > [I have shot mine arrow o'er the house And hurt my brother.](https://sms4smile.com/quotes/william-shakespeare/i-have-shot-mine-arrow-o-er-the-house-and-hurt-my-brother/) [William Shakespeare](https://sms4smile.com/quotes/author/william-shakespeare/) > [I had a map on my wall that had a circle around Lubbock and then giant arrows pointing toward New York City and Los…](https://sms4smile.com/quotes/barry-corbin/i-had-a-map-on-my-wall-that-had-a-circle-around-lubbock-and-then/) [Barry Corbin](https://sms4smile.com/quotes/author/barry-corbin/) > [An arrow may fly through the air and leave no trace; but an ill thought leaves a trail like a serpent.](https://sms4smile.com/quotes/charles-mackay/an-arrow-may-fly-through-the-air-and-leave-no-trace-but-an-ill/) [Charles Mackay](https://sms4smile.com/quotes/author/charles-mackay/) > [If you shoot an arrow and it goes real high... Hooray for you.](https://sms4smile.com/quotes/dorian-corey/if-you-shoot-an-arrow-and-it-goes-real-high-hooray-for-you/) [Dorian Corey](https://sms4smile.com/quotes/author/dorian-corey/) > [Our present time is indeed a criticizing and critical time, hovering between the wish, and the inability to believe. Our complaints are like arrows…](https://sms4smile.com/quotes/william-temple/our-present-time-is-indeed-a-criticizing-and-critical-time-hovering/) [William Temple](https://sms4smile.com/quotes/author/william-temple/) > [You took a poison arrow and you aimed it at my heart. It's heavy and it's bitter, and it's tearing me apart.](https://sms4smile.com/quotes/madonna-ciccone/you-took-a-poison-arrow-and-you-aimed-it-at-my-heart-it-s-heavy-and/) [Madonna Ciccone](https://sms4smile.com/quotes/author/madonna-ciccone/) > [How long the thick dark clouds can prevent the truth from shining? The truth is an arrow that can pass through any shield!](https://sms4smile.com/quotes/mehmet-murat-ildan/how-long-the-thick-dark-clouds-can-prevent-the-truth-from-shining-the/) [Mehmet Murat Ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/) > [“Vasic said the words on Aden’s tongue. “The Arrows expect mercy from no one.”](https://sms4smile.com/quotes/nalini-singh/vasic-said-the-words-on-aden-s-tongue-the-arrows-expect-mercy-from-no/) [Nalini Singh](https://sms4smile.com/quotes/author/nalini-singh/) > [Follow your arrow / Wherever it points,](https://sms4smile.com/quotes/kacey-musgraves/follow-your-arrow-wherever-it-points/) [Kacey Musgraves](https://sms4smile.com/quotes/author/kacey-musgraves/) > [If the errors of my life have profited me one great truth it is this: believe. 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