Word: fuji
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...that ended Sept. 30, Toshiba's pretax profits plunged 80% from the same period in the previous year. At Fujitsu, Japan's top computermaker, profits fell 79%. Nihon Keizai Shimbun, Japan's leading business newspaper, last month reported that for the first time since 1975, Hitachi, Mitsubishi Electric and Fuji Electric planned temporary layoffs, shocking workers and managers in the industry. The companies denied the report, but rumors persist. Says Daisaku Kodama, an Osaka-based subcontractor for Matsushita Electric Industrial: "There have been other recessions. But this is the first time we have questioned our own survival...
...protectionism have spurred the explosive growth of Japanese manufacturing facilities on U.S. soil. Honda and Nissan operate plants in Ohio and Tennessee, respectively, that together produce 560,000 vehicles annually. They will soon be followed by Mazda (Michigan), Toyota (Kentucky) and a joint venture, location to be announced, between Fuji Heavy Industries (Subaru) and Isuzu...
...Ichi Kangyo is just one of a group of Japanese banks that have become the new behemoths of finance. In fact, the American Banker ranking showed that four of the top five banking companies are now Japanese firms. The others: Fuji Bank ($143 billion at the end of last year), Sumitomo Bank ($136 billion) and Mitsubishi Bank ($133 billion). All told, Japan had five of the top ten banking concerns and 13 of the largest 25. In 1980 none of the Japanese banks were in the top five, and only Dai-Ichi Kangyo ranked among the first...
...unidentified person removed a blue 12-speed Fuji Supreme bike from the post to which it was chained in the basement of 17 Everett Street between 10 p.m. last Saturday and 7:30 p.m. Tuesday. Police estimated the value of the bike...
...Electric Company. IBM eventually signed on. Ueberroth had wanted the American company, partly out of patriotic loyalty. But threatening to play the foreign card was no bluff. When Eastman Kodak complained bitterly that no photo company would pay $4 million for a sponsorship, Ueberroth unhesitatingly switched to Japan's Fuji Photo...