Word: ishibashi
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...Diet convenes this week. But choosing a Cabinet and awarding committee posts will be more difficult and time consuming as each L.D.P. faction makes its deal with him in return for its support. Nakasone must then cope with the opposition. The Socialist Party, under its energetic new leader, Masashi Ishibashi, 59, strengthened its position as the mam opposition party by picking up eleven seats, for a total of 112. In its best showing ever, the Komeito (Clean Government) Party won 58 seats, up from 31. The Democratic Socialists elected 38 deputies, a gain of six, while the New Liberal Club...
Bridgestone's foray into U.S. production is an important milestone for a fast-rising firm that has long pursued global prominence. It was founded in 1931 by Shojiro Ishibashi, who, to help ensure international recognition, christened the company with an inverted English translation of his own name: ishi means stone, and bashi means bridge. After half a century of phenomenal growth, Bridgestone (1981 sales: $3.3 billion) exports 50% of its production and is the world's fourth largest tire manufacturer, behind Goodyear, Michelin and Firestone...
While Bridgestone builds a large share of the tires on Japanese cars and trucks bound for the U.S., it has only a small fraction of the American replacement-tire market. With protectionist sentiment against imports on the rise, Bridgestone Chairman Kanichiro Ishibashi, son of the founder, decided that the surest way to boost American sales was to produce tires in the U.S. Initially, Bridgestone officials talked of building a new plant, but Firestone Chairman John Nevin, who has been streamlining his firm, persuaded the Japanese company last February to buy the tire factory at LaVergne...
...luck," sniffed canny Electrical Industry Wizard Konosuke Matsushita, 67, when Rubber Tycoon Shojiro Ishibashi, president of Bridgestone Tire Co., beat him out as Japan's top 1960 moneymaker. "I'll be back on top again." Good as his word, Matsushita piled up a personal income of $988,000 for 1961 (minus a tax bite of $660,000), to head the list for the sixth time in seven years. Rival Ishibashi, down on his luck, wound up seventh with a mere...
Newly names by taxmen as Japan's biggest income earner ($860,000) in 1960, Shojiro Ishibashi, 72, president of the Bridgestone Tire Co., insists that "money accumulates when one works to serve others. It won't if one simply tries to become rich." Ishibashi (his name means "stone bridge," which he reversed to get his firm's name) took over his father's underwear factory in 1910, has made it Japan's biggest rubber goods manufacturer by such aggressive and once radical tactics as pricing his products uniformly instead of by size, and wooing peasants...