That's partly what motivates Bix, a bespectacled, bicycle-riding grandfather who teaches at Tokyo's prestigious Hitotsubashi University.

CNN: ASIANOW - TIME Asia | Lesser Majesty

"Changing things means criticizing what you've done so far, " says Iwao Nakatani, a professor of commerce at Hitotsubashi University.

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The first of these new graduate business schools will open as soon as next year, at the prestigious Hitotsubashi University.

ECONOMIST: Business studies in Japan

"Many men are incapable of relating to adult women on an equal stance, " says Yukihiro Murase, a professor of human sexuality at Tokyo's Hitotsubashi University.

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Most remarkably, Mikitani, a graduate of Hitotsubashi University whose first job was with Industrial Bank of Japan (now Mizuho Bank) that sent him to Harvard for an MBA in 1993, has been driving his company to realize his global business vision.

FORBES: Can Rakuten Maverick CEO Mikitani's New Organization Change Japan?