Word: mizuno
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When Masato Mizuno succeeded his father as president of Mizuno Corp. in 1988, the largest sporting-goods maker in Japan was a stumbling giant. But the new boss swiftly installed automation equipment and used marketing savvy to get the family firm back on track. The revitalized company (1989 sales: $1 billion) last year captured a dominant 30% share of Japan's $1.3 billion market for golf and baseball equipment. Now it is launching a major drive into the U.S. and other countries. "Grandfather founded the company, and father introduced technological innovations," Masato says. "Now it's my turn to expand...
...Louis-based Rawlings, which supplies more than half of all big-league mitts, believes it has beaten such rivals as Wilson and Mizuno to home plate. "We were in a much better position to respond quickly. We had new designs and new cutting dies within a month," claims Scott Smith, spokesman for Rawlings, the only glovemaker with a factory in the U.S. "There was a lot of initial resistance to the announcement from our competition. If they haven't satisfied the new requirements, we'll get more of the business." Glovemakers give big leaguers the mitts for free, but sandlot...
Previous to his departure, Ambassador Woods was awarded an unusual honor. Home Minister Rentaro Mizuno called upon him and conveyed the information that he had been named Honorary President of a hospital to be built with the unexpended balance of money raised by the American Red Cross after the earthquake last Fall (TIME, Sept...
Although Premier Kiyoura was closeted in conclave with the Elder Statesman, Marquis Saionji, and although Minister of Home Affairs Rentaro Mizuno enjoined the Premier to hold on to office, it was not thought that the Premier would attempt it nor that Elder Statesman Saionji would recommend it. It was stated, however, that the Premier would remain in office until June 4, when the State celebration of Crown Prince Hirohito's wedding* (TIME, April 7) will have been held. Upon this date the Diet assembles and Kiyoura Government is expected to resign. The next Premier is likely to be Viscount...
Home Affairs: Rentaro Mizuno; Home Minister under Admiral Kato...