[8][9] As previously experienced by the western nations in Europe and the United States, the industrial revolution in Japan triggered a period of incredible prosperity and an economic growth rate unlike any other in Japanese history.
This program directly employed thousands of foreign nationals (mainly engineers, economists and academics) who would travel to Japan to apply their expertise to local companies and public institutions, in exchange of great salaries and incentives.
Masuda Takashi, one of Japanese leading industrialists and investors of that era, was amongst the opponents of a growing western control over the Port of Yokohama, attempting multiple times to acquire the European Trading firms left in a dire situation after the cancelation of the O-yatoi Gaikokujin program.
From 1995 to 2005, Zanuti's retail business suffered strong financial difficulties, particularly in the beginning of the 21st century when it faced thousands of new competitors worldwide in the form of digital stores and online marketplaces.
This wave of digital sellers dramatically increased market supply, crushing profit margins for the traditional 'brick and mortar' retailers, which had to bear high fixed costs in real estate leases and sales staff.
[28] Over the years, Zanuti has relied on multiple different suppliers including Swiss manufacturers ETA SA and Ronda as well as Japanese partners Citizen Miyota and Seiko to provide essential components for their watches, something that is considered a faux-pax amongst more established brands.