It is written in a witty, entertaining way. The subjects discussed range from poetry to toilets, from sushi to heating systems. It is an essay in a way similar to the tradition of Montaigne: a series of loosely connected personal reflections of an educated person, which help us to understand their views and overall position on things.
Tanizaki is a master of style and has a fantastic sensitivity. Of course the explanations he offers can be contested - I'm skeptical of some of them - but they are creative and original, and are expressed in ways that even through disagreement can provoke fresh thought. Highly recommended, not only for aficionados of Japanese literature and culture. Just don't make the mistake to take this as representative of the whole Japanese tradition or to be the mainstream view then or now.