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...doing business. Asians admire powerhouse Japan, the economic marvel that pulled itself out of its postwar depths, made and exported the world's best cars, TVs and semiconductor chips, and served notice that the region was a global player. Asians acknowledge sharing in its success: in April, electronics giant Matsushita announced it will spend $16.1 billion to expand factories making mobile phones and other devices in Tianjin, China. In the postwar period through September 2000, Japan has funneled $172 billion in direct investment to its Asian neighbors...

Author: /time Magazine | Title: Look Back In Anger | 4/30/2001 | See Source »

Need more? There are no movies made for people your age, the music on the radio is dreadful, television programmers behave as if you don't exist. In an astonishing merger of boomer aging with boomer self-involvement, Matsushita Electric has built a prototype smart toilet with built-in microsensors that can run an automatic, daily chemical analysis of the user's urine. Stock-market analysts are growing bullish on companies that build nursing homes or manufacture laxatives...

Author: /time Magazine | Title: Twilight Of The Boomers | 6/12/2000 | See Source »

...with Palm's dominant OS--the Windows of the handheld world. Early evaluations of Microsoft's Pocket PC say it's good but not likely to be the "Palm killer" some were expecting. There's also a joint venture of the software firm Psion, Nokia, Ericsson, Japan's Matsushita and Motorola called Symbian that was designed to keep Microsoft at bay. Although there have been some cracks in the alliance--Ericsson has said it will put a Microsoft browser in its phones--Symbian will probably remain a counterweight to Gates & Co. Also crimping Microsoft's plans: AOL, whose newly released...

Author: /time Magazine | Title: Wireless Summer | 5/29/2000 | See Source »

Countries other than America have also grown superb business leaders. One legend in Japan is Konosuke Matsushita, whose company includes Panasonic and other well-known brands. Witnessing his father's bankruptcy as a small child prompted Matsushita to develop new values of how an enterprise ought to be run. Like Sam Walton, he paid attention to the consumer and sought ways to increase demand and reduce prices. He forced the competition to embrace this concept, making the market grow while creating more profit. He also showed that human well-being and making money are not inconsistent. In downturns he found...

Author: /time Magazine | Title: Managing To Be Best | 12/7/1998 | See Source »

...companies most willing to adapt to globalization are Japan's top manufacturing firms. In the past several years, Toyota, Sony, Honda and Matsushita have restructured their management, streamlined decision making and even instituted performance-tied pay incentives. Japan's globalization urge also looks strong among the baby boomers who are going into business for themselves. These 30-to-50-year-olds launched 50,000 new businesses last year, more than at any other time since World...

Author: /time Magazine | Title: THE LAST, BEST HOPE | 12/22/1997 | See Source »

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