Word: saito
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...industrial societies by its remarkable homogeneity. The boss and his employee share much more than a common heritage; they have many of the same points of view. TIME Correspondent S. Chang spent a day each with President Toshihiko Yamashita, 61, of the giant Matsushita Electric Industrial Co., and Yoshinobu Saito, 29, one of the firm's 1,600 sales engineers. His report...
Matsushita President Yamashita earns $333,300 a year, and Saito makes $12,900. But except for age and experience they seem almost interchangeable. The differences between them stem mostly from the less formal, Westernized style of Japan's younger generation...
...Saito, the young, eager sales engineer, wears more modish togs and lives three miles away in a $62,500 four-room house that also has a well-cared-for garden. Saito bought the house two years ago with his own savings, plus loans from his company and bank. Despite monthly house payments of $152 and an additional $1,810 deducted from his yearly bonus to pay off the mortgage, he still saves 15% of his salary. While Saito likes Japanese food, he started his day with a Western-style breakfast of coffee, bread and two hard-boiled eggs...
Both men's fathers were working-class, and both ended their formal educations with technical high school, where they learned their first phrases in English. After graduation, each went to work for Matsushita-Yamashita in 1938, and Saito in 1970. Neither has ever worked for any other company...
...whose origins in northern Japan are obscure, first burst upon the public consciousness as a prewar activist in right-wing causes. He has been jailed three times for a total of seven years. He was imprisoned by the Japanese for involvement in the 1936 assassination of former Premier Makoto Saito and again by the Americans as a Class-A war-crimes suspect (he was later released without trial). He became wealthy during World War II by supplying the Japanese navy and, by his account, "bringing home truckloads of diamonds and platinum" from territories occupied by Japan. After...