Word: komatsu
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...cost-cutting should aid Caterpillar in its battle with Japan's Komatsu (1982 sales: $3.4 billion), which is challenging the company's dominance of the earthmoving-equipment market. Having watched Detroit carmakers lose ground to Japanese imports, Caterpillar was determined not to undergo that experience. Said one executive: "The market is more competitive than ever, and we had to get tough...
...executive from Peoria but was represented instead by Paul Smith, the company's man in Moscow. During the period of the Reagan halt on U.S. supplies for the Soviet natural gas pipeline, Caterpillar lost a $90 million sale of 200 large pipelayers, mainly to Japan's Komatsu...
Small wonder. Michel is widely blamed in his home town for failing to change Reagan's mind about U.S. sanctions against the Soviet gas pipeline. This Reagan decision cost Caterpillar an $85 million contract for pipelaying equipment and shifted future contracts to its leading rival, Japan's Komatsu. Michel later broke publicly with the President on this issue, but he has not otherwise sought to distance himself from the Administration. Says Michel: "Ronald Reagan is not a problem for me or for the country...
...scholars, all college graduates, will study under a total of 44 visiting lecturers, including Economist John Kenneth Galbraith (the only foreigner scheduled), Science Fiction Writer Sakyo Komatsu, Tea Ceremonies Master Soshitsu Sen and Matsushita's electronics competitor Masaru Ibuka, founder of the Sony Corp. After three years of this lecture blizzard, students will be dispatched "to grasp some of the realities of life" in offices and factories and will be sent for six months to a foreign country of their own choosing...
...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 Neo, Sumitomo Shoji...