Word: mitsubishi
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Dates: during 1970-1979
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...Ricoh Co., Ltd.; Kiyoshi Kawashima, Honda Motor Co., Ltd.; Kaoru Kobayashi, Institute of Business Administration and Management; Kazutoyo Komatsu, Trio Electronics, Inc.; Tatsuya Komatsu, Simul International, Inc.; Masao Kunihiro, Kokusai Shoka College; Teiji Makikawa, Fujitsu Ltd.; Isao Makino, Toyota Motor Sales Co., Ltd.; Jiro Mayekawa, Teijin Ltd.; Yohei Mimura, Mitsubishi Corp.; Masafumi Misu, Hitachi, Ltd.; Rihei Nagano, Kubota, Ltd.; Yoshio Narita, Yamaichi Securities Co., Ltd.; Yoshiro Neo, Sumitomo Shoji Kaisha, Ltd.; Saburo Oyama, Nippon Electric Co., Ltd.; Kazuo Saitoh, Sharp Corp.; Keizo Saji, Suntory Ltd.; Yutaka Sugi, Nippon Kogaku K.K.; Tomejiro Tanaka, Marubeni Corp.; Kazuo Ueda, Minolta Camera, Ltd.; Hiroko...
...though, such houses as Mitsubishi, Mitsui and Marubeni have lost some of their heroic luster under a rain of charges that they have fueled Japanese inflation by engaging in widespread land and commodity speculation. A government study released this month accuses the six biggest trading houses of spending more than $2.5 billion in the past 18 months to buy up and hoard scarce supplies of land and such commodities as rice, wool, silk and soybeans. Prices of all these things have risen, and though the trading houses deny the charges, consumer tempers have gone up, too. Recently, carpenters who were...
...trading houses are far too central to the Japanese economy to diminish in importance any time soon. Last year the ten largest trading houses-led by branches of the Mitsubishi and Mitsui industrial complexes-brought in 62% of the foreign goods purchased by Japan and sold half the nation's exports. Their total sales came to an astounding $76 billion, twice the size of the Japanese national budget. The companies earn their profits on massive turnover despite sliver-thin margins (1.8% last year...
...color-TV assembly plant in San Diego that is expected to be turning out 240,000 sets annually by year's end. A Hitachi subsidiary began producing magnets in March at a $2,000,000 plant in Edmore, Mich., that it owns jointly with General Electric. Mitsubishi, whose San Angelo, Tex., subsidiary plant has been turning out executive jets since 1967, recently acquired a factory in Moonachie, N.J., to make synthetic leather. The Tokyo government is encouraging the push. This year it began giving Japanese investors a 30% tax write-off on new U.S. ventures...
...courtship. So far there have been no weddings. Arranged marriages represent a persistent tradition in Japan-one recent study estimated that 20% of matches in Tokyo are still put together by parents-but company counselors insist that they exert no pressure on employees to marry their printout partners. Mitsubishi executives do admit that they value such intramural mergers. Says Ito: "When the wife shares the same corporate frame of reference with her husband, she can only understand him more and help achieve for him a higher degree of performance and efficiency as an employee...