Word: nipponization
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...Space Administration. Despite a drizzling rain, the blast-off put a marine observation satellite into orbit without a hitch. The launch pad, though, was not in California or Florida. It was on Tanegashima Island, and the rocket bore on its side, in prominent black letters, a single word: NIPPON...
...Japanese public will get a condensed version of the Harvard experience next month when television station Nippon Hoso Kyokai (NHK) airs a 45-minute documentary on the university...
...national product will grow by just 2.3% for the fiscal year ending in March 1987, the lowest level since 1974, when GNP dropped by .4%. Even the promise of lifetime employment, a cornerstone of the country's social structure, is crumbling. Says Toshio Isago, an executive vice president at Nippon Kokan, a steel and shipbuilding conglomerate: "We have experienced hardships in the past, but nothing on this scale...
...postwar resurgence, now find themselves besieged by foreign competition. Among the fiercest rivals are South Korean and Brazilian steelmakers. Japan's five largest producers could lose some $2.3 billion this year. In the coming years, some 40,000 workers could lose their jobs. Says Yutaka Takeda, president of Nippon Steel: "This is the worst crisis we've faced since we started making steel...
...national carrier, Singapore Airlines, last November, and Taiwan is considering offering stock in state steel, chemical, shipbuilding and construction operations. "The time has come for privatization," says Y.Y. Wang, vice chairman of Taiwan's Commission on National Corporations. In Japan, the government is selling majority control of Nippon Telegraph & Telephone in order to open the telecommunications market to newcomers. Japanese National Railways is next in line...