Word: shohachi
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...studying U. S. factories that he had not seen a decade ago. At that time he studied at Columbia University. Courteous, he visited and thanked bankers who this spring sold $70,000,000 bonds of the Tokyo Electric Light Co. (TIME, June 18). Kotaro Wakao's father, Shohachi Wakao, is Tokyo Electric's president. Discerning international bankers see the son, now 32, some future day succeeding the father. Last week reporters stopped him for an interview. He gave it: "I have been impressed, when I walked into the offices of corporations at Boston, Schenectady, Chicago and New York...
President of Tokyo Electric Light is the very old fashioned, although comparatively young Shohachi Wakao, 45. His natal family was the Hirose. But by an intelligent Japanese custom whereby powerful families maintain succession of their primacies, he was adopted (1896) into the great Wakao family of bankers, and later reverently married Kiyono, the daughter of Tamizo Wakao. Like Chairman Baron Seinosuke Goh, President Shohachi Wakao has legal training, is a member of the Japanese house of peers, and holds several corporate directorships...
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