Word: ichi
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...Ichi Kangyo. The name does not have the same familiar ring as Toyota, Honda, Sony or Nikon. But Tokyo-based Dai-Ichi Kangyo is a global business enterprise that has, in a sense, become more powerful than all those other Japanese companies combined. According to figures released last week by the American Banker newspaper, Dai-Ichi Kangyo, whose assets reached $207 billion in the first quarter, has just surpassed New York's Citicorp ($176 billion) as the largest banking company in the world...
...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...
...ichi',"went the countdown last week, "four, three, two, one." At "zero," Japanese Prime Minister Yasuhiro Nakasone aimed a glove-covered finger at a button in his Tokyo residence. The prime-ministerial pressure detonated a dynamite charge 440 miles north of Tokyo and 780 ft. beneath the Tsugaru Strait, which separates Honshu and Hokkaido islands. The blast blew away the final rock separating two pilot tunnels under the strait that have been boring toward each other for the past 18 years...
CONFERENCE PARTICIPANTS: Yuzuru Abe, Nippon Steel Corp.; Tadashi Arita, The Fuji Bank, Ltd.; Tatsuro Goto, Mitsui & Co., Ltd.; Nobuya Hagura, Dai-Ichi Kangyo Bank; Akira Harada, Matsushita Electric Industrial Co., Ltd.; Shoji Kambara, 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...
...Japan, where the tube is derisively known as Ichi Oku So Hakuchi (for 100 million idiots), TV time is now so highly prized that spots are usually limited to 15 seconds each or to "crawl along" slogans that slither along the bottom of the tube even as the program goes on. Though Japanese pain-killer commercials are forbidden by Japan's strict food and drug laws to show pain and happiness in the same sequence, these same ads have helped television ad revenues to double to $300 million in three years...