The Penato Knife draws its name from a pennant, as the body is similar in shape to the sports flags that adorned your walls as a child. But that body shape is not just for show or for garnering a moniker. The slim blade isn’t cumbersome or tricky to store; it slips in bags, pockets, or toolboxes without disturbing its surroundings. Yet, when you pull the brass cap off the carbon steel blade, it can make quick work of a variety of tasks. Made in Japan by Yoshiharu Hamono, a blacksmith company that was formed over 100 years ago and that specializes in chisels and carving knives today, the Penato Knife is an elegant and nimble tool that happens to look as sharp as its blade.