Word: japanized
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Dates: during 1950-1959
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Planning a study trip to the U.S. was the pretty daughter of Japan's late Dictator Hideki Tojo, who declared war on the U.S. in 1941 and was hanged for war crimes in 1948. Bright-eyed Kimiye, 26, a graduate student of international politics at Hosei University, wants to earn a doctorate, preferably at Columbia University. For her master's degree she is finishing a 300-page master's thesis on "The Rise of Nationalism in India...
...earlier Explorers, fired somewhat south of due east, never came farther north than the latitude of Atlanta, but Explorer IV reaches 51° north. As the earth turns inside its orbit, it will pass over most of western Europe, southern Russia (but not Moscow), all of the U.S. and Japan, most of China, all of the tropics and most of the land in the Southern Hemisphere except Antarctica...
...Mitsui and all the rest -into hundreds of small firms, and the Japanese government itself adopted Western-inspired antitrust laws. But zaibatsu, like many another Japanese tradition, proved tougher than reform. Last week the influence and power of the zaibatsu sprawled once more across the length and breadth of Japan, firmly in control of all its major industries except steel...
...mergers, interlocking directorates and subtle cooperation, all the major groups are together again, forming giant corporations. The three biggest-Mitsui, Mitsubishi, Sumitomo-already account for well over 35% of Japan's total commercial and industrial business. Mitsubishi controls 22 major firms with 189 subsidiaries, produces 37% of Japan's ship tonnage, 57% of its sheet glass, 20% of its electrical machinery. Profits before taxes last year: $77.5 million, on sales of $2.3 billion, plus banking and insurance operations. Rival Mitsui, which reported $2.8 billion in sales and $85 million in profits in 1957, controls 24 major firms with...
...week. Fortnight ago Mitsui Bank President Kiichiro Sato, 65, a nimble-witted financial expert who has spent his entire life working for the Mitsui cause, engineered the merger of two of the biggest offshoots of Mitsui's prewar trading division in a major deal that will form Japan's largest single trading company, with assets of some $500 million. "The occupation did not kill the zaibatsu," says Economics Professor Ryosei Kobayashi of Tokyo's Senshu University. "It just reorganized them...