Word: seiko
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...Ichiro Hattori, 55, the president of Seiko Epson, died on a golf course in May after suffering a heart attack. In eight years as chief executive, he had built Seiko from a watchmaking company into an electronics giant. But last year profits plummeted nearly 80% because of the high...
Running a large corporation in the hard-driving Japanese economy has always been a tough job, but these days it may be a fatal one as well. The chief executives of at least twelve major companies, including Seiko Epson, Kawasaki Steel and All Nippon Airways, have all died suddenly this year. The unusually high toll in executive suites -- there were only a third as many comparable deaths in all of 1986 -- is as mysterious as it is macabre. Most victims have been in their 50s and 60s, too young to die in a country where the average male life expectancy...
...week's biggest theft happened this past Monday, when a burglar stole over $1000 worth of jewelry from 53 Dunster St., the home of Henry C. Moses, dean of freshmen. The loot included a Seiko watch, several strands of pearls and a ruby ring...
...Markets. A rapidly changing world economy demands that companies adapt to new business conditions. Rather than lobbying to protect dying industries, U.S. firms should be more aggressively looking for fresh opportunities. Some Japanese firms have been particularly successful at this. In the early 1960s the Seiko Group, a leading watch company, realized that high growth there was ending. Using technology developed for watchmaking, the company turned to other fields. Today Seiko prospers by selling a line of computers and printers under the Epson brand in addition to its watches...
...unidentified burglar took a wallet and a Seiko watch from an unattended locker at the Indoor Athletic Building (IAB) Wednesday afternoon. The value of the watch and wallet, which contained cash and credit cards, was estimated at $200. According to University Police records, there are no suspects in the case...