It was developed in the late 1930s by Goichi Hosoda (細田悟一, Hosoda Goichi), a Japanese journalist who used to be known as Ichimoku Sanjin (一目山人, Ichimoku Sanjin), which can be translated as "what a man in the mountain sees".[citation needed] He spent 30 years perfecting the technique before releasing his findings to the general public in the late 1960s.[1]