The current forest planning system of Japan has been in place since the formulation of the Forest Law back in 1897. During this time, although addressing specified forests as demonstrated in the system for protection forests, in a more general sense, the execution of the forest planning system has placed “forestry management” at the core. In other words, it has instead been forest administration delivered in a manner relevant to forestry management. This trend is exhibited in, for instance, policies for the reorganization of common forest, the forest management planning system, forest owners' associations, the proceeds-sharing reforestation system, cooperative silviculture management, and valley forestry revitalization; which have all been implemented.In this paper I review the results of these practices and explore the contemporary forest owner's pattern of behavior. I also discuss the passive attitudes among forest owners, especially in comparison with the attitudes prevalent during the postwar reforestation era, continuing up to the 1960s, and the current tendency towards neglect in the afforested areas, as well as the increasing number of forest owners giving up forestry practice.In the postwar era (up to the 1960s), forestry had been following an upward trend of development that motivated forest owners to afforest, as this was the optimal choice for increasing the family's stocks for future generations (in the manner of holding an asset), and thus a rapid expansion of plantation forests resulted. By the 1970s, when domestic wood supply became less than a half of all domestic wood demand (it is still declining now), forest owners gradually began to lose interest in reforestation and care of the forest as a method of increasing assets. The current share of domestic wood supply in total consumption has dropped to 20%, and the annual cut volume is only 23% of the annual volume increment.Forests are as much a public property as they are private and, moreover, represent a globally significant resource. Active stewardship, such as materializing internationally agreed notions of sustainable forest management, promoting forest certification systems, and complying with the Kyoto Protocol, are now important issues, both domestically and internationally.The paradoxical gap between current forestry trends and public aspirations for forests is widening with each year, thus creating a grave social problem. I have been focusing on forestry revitalization as the primary step towards the resolution of this issue. As the logical basis for executing this policy, I review the relations between forest resource policies and forestry policies.At the same time, by reviewing the forest planning system and its developmental process, I sought to investigate what new policies would fulfill the need to realize the public functions of forests while revitalizing forestry, form the point of view of forestry policies and their influence on the forest planning system. I have concluded that there is a case for separating forest management from forest ownership in units of forest compartments; namely to establish an incorporative management system by which forest owners can invest in their stands.