Word: mitsubishis
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Hitachi and Mitsubishi fall into a cloak-and-data trap...
Later that day Customs agents, tipped off by the FBI, boarded a Japan Air Lines jumbo jet about to take off for Tokyo from San Francisco and arrested Tomizoh Kimura, an engineer for another Japanese firm, the Mitsubishi Electric Corp. (1981 computer revenues: $350 million). When the agents examined his luggage, they found confidential IBM computer tapes, which had also been provided, courtesy of Glenmar, for some...
...charged that a total of twelve Hitachi and five Mitsubishi employees took part in separate conspiracies to transport stolen IBM property to Japan. The bureau arrested five of these suspects, but the rest were in Japan last week. Among those accused are several high-ranking officials who allegedly approved the scheme, including Kisaburo Nakazawa, general manager of Hitachi's main computer manufacturing plant at Kanagawa...
...hanged in 1948 for war crimes, never discussed affairs of state with his wife, and she learned of the attack on Pearl Harbor (which he personally ordered) on the radio. She led a quiet life out of the public eye (though one son last year was named president of Mitsubishi Motors) and remained unwaveringly loyal to his memory...
...accelerated its drive into the U.S. market in 1978, buying eight grain elevators in Illinois, Iowa, Missouri and Tennessee for $10.5 million from financially ailing Cook Industries. Mitsui beat out seven competitors by agreeing to the deal in just 48 hours. A year later Mi-tsui's archrival, Mitsubishi's Agrex Inc., boosted its own U.S. grain-trade investment by buying out Koppel Inc., the company's American partner, thereby becoming sole owner of a giant export elevator in Long Beach, Calif., along with elevators in Salina, Kans., and Enola, Neb. Other Japanese firms with U.S. grain...