Whilst in Japan I used very many saws and chisels all of which were of the finest quality and not to be confused with the cheap Japanese tools available in the UK.
The saws used by Japanese carpenters typically cost £200 and chisels around £150 each. I found it quite shocking that folk would pay £150 for a single chisel and an honour to be given a set of a dozen such chisels to work with. I think nothing of spending £700 on a new chainsaw for my work though in the knowledge that it will probably last 5 years. A good set of chisels will last a lifetime and having paid that sort of money for them they do look after them. Every afternoon at the end of work all tools are cleaned and put away carefully and they are kept razor sharp. Toolmakers give lifetime guarantees and will repair, and regrind any damaged tool. If you look at the picture above you will see above the saw one chisel which has been used and ground so many times both handle and chisel are now only an inch long, I have no doubt that chisel has done £150 worth of work. Here is a typical toolroll.