Sending me off to become an apprentice at the age of nine, and watching me undergo training in the bicycle shop, my father seemed to have great hopes for me in the world of business. After moving to the bicycle shop, as before, I lived in my master's household, but the school where my father worked was close by, and he kept a stern but affectionate watch over me. Even though I had turned ten years old, I continued to have trouble with chronic incontinence, which is the source of an amusing, though perhaps not so tasteful, anecdote. From time to time, I found it impossible to endure the urgent call of nature, and one day this happened as I was returning from an errand, astride a bicycle. The urge assailed me suddenly, and my posture made it all the more difficult to oppose what the body demanded. Before I knew it, my bicycle, clothes were a pungent, filthy mess. I was so upset I couldn't cope by myself. Sobbing with shame and consternation, I rode directly to the school where my father worked for help. The sight I made certainly surprised him, and he asked anxiously what had happened. Then he calmed me down and cleaned up everything, with the understanding and sympathy that only a parent can have.
There were other incidents of my young years that undoubtedly caused my father much trouble and worry, and each time he would console me with the same refrain. "You've got to be successful in life. People who achieve greatness have always undergone hardship—like apprenticing to total strangers—in their youth. You, too, will achieve great things by overcoming hardship. You must never give in to painful experiences, son. Be patient and endure." In retrospect, I can see clearly that my father's words reflected his deep regret at having lost the family properties handed down by his ancestors. But they also showed how much he wanted to see his only remaining son succeed.
Konosuke Matsushita, My Way of Life and Thinking, PHP Institute
Until the end of his life, if my father had any spare money at all, he would use it to play the market. He probably was determined to somehow recoup his losses. I remember it vividly. My mother was always trying to stop him. The two of them often fought. In the end they were left with hardly any money at all. My father had to go to work in Osaka to feed the family. I think the reason I hate speculation and gambling is because of these sad childhood memories that remain with me vividly.
Konosuke Matsushita, The Path toward the Future (Japanese only), The Mainichi Newspapers
Perhaps it was Masakusu's influence that inspired Konosuke to add the following article to the Matsushita Electric Works Rules.
Article 45. Employees shall not engage in commercial activity or speculative activity for personal profit without permission from the president.
Matsushita Electric Works Rules (1932)