Word: mitarai
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Dates: during 1980-1989
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...Canon's turn. At a New York City press conference last week, Fujio Mitarai, president of the Japanese company's U.S. subsidiary, formally introduced the SVS (for still-camera video system), a six-piece array of equipment that includes a 2.2-lb. electronic camera. Like Sony's earlier product, the SVS records images as impulses that can be transmitted electronically. Canon U.S.A. says the SVS will be available in August...
Canon was started in 1937 by Chairman Takeshi Mitarai, a physician, who took the company name from Kannon, the Buddhist figure that represents mercy. The firm made the first advanced 35-mm camera produced in Japan in the 1930s and stayed with these relatively slow-selling models for decades. But after moving into calculators and copiers in the 1960s, Canon applied its electronics know-how to cameras and devised the breakthrough AE-1. The company followed up in 1979 with the Sure Shot, a highly popular $100 pocket camera that automatically focuses itself by using an infra-red beam...
...that their future is tied up with that firm, they are willing to be more flexible at work than employees in many Western countries. New machinery is not a threat to a worker's job but a useful tool that may help improve company profits. As Fujio Mitarai, head of Canon U.S.A., told TIME'S Robert Grieves: "In order to automate production, we had to divert workers into altogether new fields. We moved them from cameras to copiers to calculators, but we kept everyone employed in the process...