Japan’s Emperor Akihito will break with a centuries-old burial tradition by opting to be cremated like most ordinary citizens in the densely-populated nation

Japan’s emperor breaks with centuries-old burial tradition

Friday, November 15, 2013 – 19:05

AFP

TOKYO – Japan’s Emperor Akihito will break with a centuries-old burial tradition by opting to be cremated like most ordinary citizens in the densely-populated nation, officials said Friday. That would mark the first time in almost four hundred years that a Japanese emperor has not been buried, according to the Imperial Household Agency. It added that the 79-year-old emperor’s wife, Empress Michiko, would also be cremated.The agency, which runs the affairs of Japan’s revered imperial family, said the couple were concerned about limited space in Tokyo’s royal graveyard.

“Cremation has become a common practice in Japan and imperial history has seen both cremations and burial,” the palace said in a statement.

Cremation is common in the country of 128 million people where space is at a premium, while it is also a frequent practice in Buddhism.

The imperial couple’s remains would be placed into a pair of relatively modest, yet-to-be-constructed tombs in the graveyard where wartime Emperor Showa, his father Emperor Taisho and their wives were buried.

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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