The five characters of Myo-Ho-Ren-Ge-Kyo possess the entirety of the Buddha’s great compassion, the power to save people, the wisdom of Buddhahood, and the Buddha’s virtues. Nichiren Shōnin said, “The virtue of the Odaimoku should be equal to the virtue of Śākyamuni Buddha” (Matsuno-dono Gohenji). Thus, Śākyamuni Buddha is the Eternal Buddha.

“For those who are incapable of understanding the truth of the ‘3,000 existences contained in one thought,’ Lord Śākyamuni Buddha, with his great compassion, wraps this jewel with the five characters of myo, ho, ren, ge, and kyo and hangs it around the neck of the ignorant in the Latter Age of Degeneration.”
(Kanjin Honzon-shō, WNS2, p. 164).