Word: osaka
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Last year 23 Japanese traveling abroad met crime-related deaths. This year Griptone, a Japanese travel-goods company, has opened a store in Osaka, Japan, for the safety-conscious Japanese tourist. Merchandise includes an attache case that gives thieves within 170 ft. a 40-volt electric shock, and safety vests ranging from ice-pick proof to bulletproof. Americans visiting Osaka from New York City might want to pick up a few Griptone products for when they get home...
...latest Don Quixote to joust with the Rice Curtain, Japan's barrier to offshore grain imports, is Osaka's Fujio Matsumoto. His 44 Sushi Boy restaurants serve the popular dish at bargain prices. Matsumoto wants to cut charges further by importing 100,000 pieces of frozen sushi from California, wrapped in cheap American rice. The government must decide whether the entree is a creation unto itself, allowing it to circumvent the strict trade barrier, or a sly combination of raw fish and the very much forbidden U.S. rice. Only then will it be clear if Sushi Boy will succeed where...
...that kind of proud, dizzy, uncomplicated hubris. Its last full flowering was a generation ago, when the four full-fledged world's fairs of the postwar era took place back to back, almost continuously: 1958 in Brussels, 1964-65 in New York City, 1967 in Montreal and 1970 in Osaka. And then, in the neo-Luddite, small-is-beautiful era since, we have had nothing -- or nothing but piddling, second-and third-rank expositions that reflected (and self-fulfillingly confirmed) the tapped-out, lowered-expectations zeitgeist...
...speculation. The bubble began to deflate. And the Tokyo Stock Exchange went into a swoon which is yet to end. Currently flirting with the 20,000 level, the Nikkei average is down 47% from its peak. Real estates prices fell as much as 30% in Tokyo and 40% in Osaka...
...longer an option. Jusco, a supermarket chain, has ordered a mandatory month-long annual holiday for workers at middle-management level and above. Hitoshi Murakami, 36, a Nagoya store manager, spent his enforced leisure time hiking around his local prefecture, visiting his 90-year-old grandmother in Osaka, and for the first time since joining the company 14 years ago, taking a trip with his wife and her family, to the seaside town of Toba. Murakami also attended the Japanese equivalent of a PTA meeting, his first ever, and discovered that his eight- year-old son, often scolded at home...