Word: kokusai
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Dates: during 1960-1969
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Wartime Profits. Osano's ambitious ventures in travel and tourism have made him, at 47, one of Japan's most remarkable postwar millionaires. He operates through his Tokyo-based company, Kokusai Kogyo, whose sales last year rose to $61 million. Among other things, the firm owns and operates Japan's biggest bus and taxi fleets, seven Japanese hotels and a string of driving schools, travel agencies and sporting-goods shops. It is also Japan's largest distributor of Chrysler Corp. autos and its sole distributor of International Harvester farm and construction equipment. As if all this...
...interest in the Chicago-based food processor, Libby, McNeill & Libby, which only recently was criticized by De Gaulle's government for its plans to set up a major canning operation in the south of France. Presumably, Libby will now be welcome. In Hawaii, Tokyo's Kokusai Kogyo Co. is awaiting only Japanese government approval before handing over $8.7 million to buy Sheraton's luxurious Princess Kaiulani Hotel on Waikiki. London's Consolidated Gold Fields of South Africa. Ltd. is bidding $17.5 million to take control of St. Louis' American Zinc, Lead & Smelting...