The Japanese make some of the best knives in the world. I've yet to see a bad one; something I can't say for American made knives. Vg-1 stainless has a composition similar to ATS-34/154CM. Cold Steel claims that VG-1 has better edge retention the VG-10, 440C or ATS-34, but then companies are always claiming that....the old steel du jour trick. I'm pretty sure it's better than 440C, most modern stainless steels are as far as edge retention goes. It's at least as good as ATS-34 or VG-10, but that's about all I can gather from the info available.