Word: marubeni
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Dates: during 1973-1973
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...Corfam the only supposedly defunct leather substitute to be resurrected. Production rights to Jentra, a former Corfam rival that was developed by Tenneco and then shelved, have recently been sold to a U.S.-Japanese combine, which is manufacturing it in Moonachie, N.J. Clarino, exported by Japan's Marubeni Corp., the world's largest manufacturer of poromerics, fizzled under the sponsorship of an American distributor in the '60s, but is now being successfully marketed in the U.S. by a Marubeni subsidiary...
...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 Kaisha, Ltd.; Saburo Oyama, Nippon Electric Co., Ltd.; Kazuo Saitoh, Sharp Corp.; Keizo Saji, Suntory Ltd.; Yutaka Sugi, Nippon Kogaku K.K.; Tomejiro Tanaka, Marubeni Corp.; Kazuo Ueda, Minolta Camera, Ltd.; Hiroko Yokoyama, Simul International, Inc.; Noboru Yoshii, Sony Corp...
...though, such houses as Mitsubishi, Mitsui and Marubeni have lost some of their heroic luster under a rain of charges that they have fueled Japanese inflation by engaging in widespread land and commodity speculation. A government study released this month accuses the six biggest trading houses of spending more than $2.5 billion in the past 18 months to buy up and hoard scarce supplies of land and such commodities as rice, wool, silk and soybeans. Prices of all these things have risen, and though the trading houses deny the charges, consumer tempers have gone up, too. Recently, carpenters who were...
...Japanese buying abroad has long turned Tokyo into the world's best market for second-rate works by first-rate artists. Japanese buy names, not quality." Even the patriarchal trading houses of Japan are in on the act -sometimes with depressing results, as when the huge Marubeni Corp. added art to its "general trading" department (along with cement, cameras and sundry goods) and got stuck with a dubious Botticelli at $500,000. "I still don't know anything about this business," admits the Marubeni staffer who was shifted from exporting Japanese toys to importing European...