Word: tenfold
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Dates: during 1990-1999
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While some critics argue that the absence of such amenities in foreign markets will limit the company's overseas growth, such talk hardly discourages Masato. He predicts that Mizuno's sales in Japan will climb more than 100%, to $2.6 billion, by 2001, while foreign revenues will grow tenfold, to about $650 million. At the same time, Masato wants to make Mizuno goods the worldwide standard for quality just as his grandfather Rihachi made Mizuno baseballs the standard in Japan. It was Rihachi who decreed that when an official Japanese ball was dropped from a height...
...lived so well," says former Economics Minister Count Otto Lambsdorff. Statistics bear him out. In the past three decades the supply of goods and services has quintupled and consumption quadrupled. The living standard since the '50s has improved at an annual rate of 4%. Net monthly income has expanded tenfold in that period, hourly wages almost eightfold. In the early '60s, the average family spent half its income on food and household goods; today the figure is slightly over 20%. Nearly as much -- 15% -- is devoted to leisure activities and holidays...