Word: gaku
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Dates: during 1970-1979
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...Matsushita joined the family firm, Matsushita Electric Industrial Company, and began studying shacho-gaku (the art of presidency). Now the elder Matsushita, 78, is stepping down after 55 years as chief executive. His position as chairman will be filled by Arataro Takahashi, 70, but the power will be swung by Masaharu Matsushita, who will continue as president...
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