Word: tokyo
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Dates: during 1990-1999
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...then hedges its bets. To make F2K an event, it will premiere the film on Dec. 17 at New York City's Carnegie Hall, with James Levine, artistic director of the Metropolitan Opera, conducting the London Philharmonia. The orchestra will also play during the movie in London, Paris, Tokyo and, on New Year's Eve, Pasadena, Calif. Then, for four months, the film will be shown only on the gigantic screens in 75 IMAX theaters. (Our advice to moviegoers: sit in the back!) And to camouflage a high-art stigma, F2K employs genial onscreen hosts: Bette Midler, Quincy Jones, Penn...
...made his first million by selling a design for an electronic translator to Sharp Corp. He was so absorbed in the process that he forgot to wheel his Porsche over to Berkeley city hall for his own wedding. He founded Softbank Corp. in Tokyo in 1981. Legend has it that after he stood atop a crate and ranted about the company's future domination of the PC industry, his first two employees quit on the spot. Despite that vote of no confidence, Softbank went on to become Japan's leading software distributor...
...days. Last month Nissan announced a sweeping restructuring with thousands of job cuts, and last week it reported a $3 billion loss, one of the biggest in history. The overwhelming reaction among Japan watchers was...jubilation. These days each time Mitsubishi, NEC or Hitachi announces a plant closing, the Tokyo stock market surges higher. Economists now cheer as banks that once could have bought small countries desperately merge or plead for a white knight (even foreigners are welcome) to save them from insolvency. Behind this seemingly misplaced optimism in Japan's ailing economy, however, is not so much faith...
...promoting the establishment of a NASDAQ over-the-counter market in Japan. Old business models are being tossed aside like yesterday's sashimi. The hero of a popular novel is the young president of a chain of bars. One of Japan's biggest growth industries is continuing education. And Tokyo's newspapers are filled with ads for night schools designed to turn salaried workers into entrepreneurs...
Among the most talked about is the Attackers Business School. Founded by Kenichi Ohmae, an illustrious Tokyo business figure who has dabbled in politics, Attackers offers a six-month course with guest lectures by star entrepreneurs like Softbank's Masayoshi Son and Masahiro Origuchi, the 38-year-old chairman of Goodwill Group, a prospering new agency for temporary workers. "These are the Michael Dells of Japan," says Ohmae. "The bright ones are jumping off the old companies, which are going to end up destroyed...