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This study is to examine when ≪Confucian Analects≫ was introduced into Korea and Japan and how it has developed, since then, how it has been influenced on two countries, and what is its significance in modern society. We are able to infer from Japanese historical records that ≪Confucian Analects≫ was introduced into Korea before early 6th centuries, and Japan in the early 6th centuries. Its academic achievement has been piled since ≪The Analects of Confucius Variorum≫ by Zhuxi was introduced in the 13th-14th centuries, and to this day, its study has been continuing. As ≪Confucian Analects≫, a chronicle of Confucius and his disciples' sayings and doings, is the most important historical record to understand Confucius and Confucianism, it has been the center of attention and a must-read for scholars ever. When reading ≪Confucian Analects≫, considering our society, we become aware of its wisdom and its deep meaning. Also ≪Confucian Analects≫ becomes a guiding principle for those who do not know its spirit and become lost because of confusion in values. Asian countries, especially Korea, China, Japan, put stress on courtesy, patriotism, and filial piety. The whole world gave attention to the Asia's rapid economic development in the 90s. Recently, East Asia and the world are paying attention to Confucianism and looking it on the bright side day by day. What are Asia's values? Having affected East Asia for a long time, benevolenceㆍjusticeㆍfilial pietyㆍloyaltyㆍcourtesy that ≪Confucian Analects≫ advocates are a stock of knowledge of Asia's values distinguished from those of the West.