Word: sakurada
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Dates: during 1980-1989
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...most complex aspects of Japanese business is the relationship between managers and the government. Tokyo ministries that set national economic priorities can exert substantial pressure on companies, but their influence is much less than is believed outside Japan. Says Takeshi Sakurada, chairman of the Toho Rayon manufacturing company and honorary president of the Japan Federation of Employers: "The amount of government interference or the role of government in private business is very small as compared with the U.S. or the European Community." Adds one Western economist in Tokyo: "There is no Japan Inc.-if there ever...
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