Word: kazuharu
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Dates: during 2000-2009
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...cutbacks have hit people like construction company owner Kazuharu Shimogaki hard. Shimogaki's firm peaked in the early 1990s, when sales reached $8 million and he employed 80 people. Now, the company has just 18 on its payroll, and sales have dropped to less than $1 million. A few years ago, Shimogaki, 57, diversified into garbage incineration and a blueberry-farming operation that has yet to turn a profit. Shimogaki inherited his business from his father, but none of his four children is interested in taking it on. "Times are changing," says Shimogaki, with a trace of resignation...
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