Word: masamoto
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...tofu and lavish temple altar. Meditation is held twice daily with instruction in English and Japanese. "The time it takes for a stick of incense to burn is the amount of time you should meditate each day," advises the head priest, Ryusho Soeda. DAISHIN-IN: Warlord Hosokawa Masamoto built this temple in 1479 as part of the sprawling Myoshinji temple complex - a group of 47 religious buildings located just 15 minutes by train west of Kyoto station. The shukubo, tel: (81-75) 461 5714, mostly provides lodging for visiting priests but lay guests are welcome. The temple's garden, with...
When U.S. Investment Group, led by U.S.-based Ripplewood Holdings, bought the bankrupt Long Term Credit Bank in 2000 and tapped Masamoto Yashiro to run it, he set out to revolutionize the industry. Since taking the helm of the bank--renamed Shinsei, or Rebirth--Yashiro, 75, has presided over one of the most successful turnarounds in Japanese corporate history. With 30 years experience at Exxon and nine more at Citibank, Yashiro has never been a member of Japan's insular financial community. "I don't follow the Japanese way of doing things," he says. Yashiro talks about competition, profitability...
...help find a buyer for the failed Long-Term Credit Bank, Japan's government erased much of the bank's bad debts and promised to take back any that turned south through to the spring of 2003. Collins hired Masamoto Yashiro, 72, who ran Citigroup's highly successful retail operation in Tokyo, as ceo. LTCB was born again as Shinsei Bank, which was appropriate: shinsei means rebirth...
...help find a buyer for the failed Long-Term Credit Bank, Japan's government erased much of the bank's bad debts and promised to take back any that turned south through the spring of 2003. Collins hired Masamoto Yashiro, 72, who ran Citigroup's highly successful retail operation in Tokyo, as CEO. LTCB was born again as Shinsei Bank, which was appropriate: shinsei means rebirth...
...personal assistant for a year or so, then sends him back home to a top job. In 1972-73 his executive assistant was Masamoto Yashiro, now vice president of an Exxon subsidiary in Japan. As a staff for the world government, Exxon has created what amounts to a global civil service that concentrates on identifying potential managers early and promoting them fast. The company recruits promising geologists, engineers and business-school graduates from colleges in the U.S. and abroad. From their first day on the job, they are constantly watched and rated by their immediate bosses and, if they...
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