Word: nobuhiko
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...contrast, the heads of Japan's Big Three -- Shoichiro Toyoda of Toyota, Nobuhiko Kawamoto of Honda and Yutaka Kume of Nissan -- earned a total of $1.8 million, counting bonuses. Moreover, while the Japanese execs are presiding over thriving enterprises, the U.S. auto industry is coming off one of its worst years ever. Sales of American-made cars plunged 12.6%, to 8.7 million, in 1991; more than 40,000 autoworkers lost their jobs, and GM announced plans to eliminate 74,000 jobs by 1995; and the Big Three rolled up financial losses that analysts predict could exceed $6 billion...
Neither project has received an official go-ahead, but the Japanese government has set up task forces in several ministries to think about underground cities. Says Nobuhiko Sato, a high-ranking planner at the Construction Ministry: "The time has come to consider urban planning from the vertical viewpoint. Underground development has a great and realistic potential for alleviating congestion...
...Government to keep more detailed records of foreign investment in the U.S. The Administration fears that foreign investors, who have helped prop up the economy through heavy buying of Treasury bills and other securities, might trim such purchases if they knew their names could be made public. Nobuhiko Sasaki, a deputy director at Japan's Ministry of International Trade and Industry, warns that congressional passage of the proposal would be "like putting a knife to your own neck...
...results partly from superior Japanese competitiveness and products, partly from unfair Japanese barriers to trade, and partly from an overvalued dollar and undervalued yen. Most Democratic presidential candidates, including Walter Mondale, have courted the labor vote by urging new kinds of protectionism. A former Japanese ambassador to the U.S., Nobuhiko Ushiba, said in April that he had "never seen the mood on Capitol Hill as ugly as it is now toward the Japanese." Unemployed Americans focus their anger upon the Japanese, at least when they are not blaming Ronald Reagan. In West Virginia, a charity raised money by selling sledgehammer...
...self-made millionaire lawyer-businessman, Strauss, 59, mixes Machiavellian tactics with mirth, backslapping with cool competence. As chief U.S. trade negotiator, a job he will retain, he demonstrated his unusual bargaining techniques in Tokyo earlier this year when he grabbed his Japanese counterpart, Nobuhiko Ushiba, in a Texas bear hug and bellowed, "Brother Ushiba, you're crazy as hell...