Word: daiwa
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...pioneer. And it has paid off: when NTT DoCoMo's president, Keiji Tachikawa, 64, steps down, Tsuda is expected to succeed him. "Tsuda has a good sense of balance between technology and marketing, and he has the confidence of his co-workers," says Shinji Moriyuki, senior telecom analyst at Daiwa Research Institute in Tokyo...
...minority ownership stakes in mobile-phone carriers including 25% of Hutchison Telecommunications in Hong Kong, 15% of KPN Mobile in the Netherlands, in addition to the 16% of AT&T Wireless. "Going global is not a good or bad strategy for DoCoMo," says Shinji Moriyuki, a senior analyst at Daiwa Institute of Research. "It is a 'must' strategy...
Toshihide Iguchi The Daiwa Bank executive lost more than $1.1 billion in trading losses and unauthorized sales in the American bond market during a 11-year period. He was found guilty of fraud in 1996 and jailed for four years...
...this battle? Ditto. Will the terrorists fight back? If they do, how much more pain will they inflict on the markets? They don't teach Terrorism 101 in business school. In the wake of the attacks, analysts across Asia slashed their GDP growth forecasts to reflect market "uncertainties." The Daiwa Institute of Research in Tokyo, for example, says Japan's anemic economy will shrink by 0.1% this year, rather than grow at the earlier forecast 1.1%. Banks that had expected Hong Kong's economy to expand by 1% to 2% this year are now predicting a contraction...
...repeated last summer, when a food-poisoning epidemic in Sakai City, near Osaka, spread to affect nearly 5,800 people throughout the country. "If the politicians stick to the status quo, then we will lose our position in the world market," says Isamu Miyazaki, a senior adviser at the Daiwa Institute of Research. Competition from China and other fast-growing economies in Asia, as well as the globalization of trade, is making it much harder for the stodgy Japanese bureaucrats to maintain the country's advantage. In fact, Japan's mandarins have kept borrowing to prop up the economy with...