Word: toshibas
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Died. Taizo Ishizaka, 88, elder statesman of Japanese industry; of a stroke; in Tokyo. A successful insurance executive before World War II, Ishizaka was called from retirement in 1948 to rescue the Toshiba company from bankruptcy, went on to head the electronics giant for 17 years. An affable, scholarly man who made pottery and wrote poetry, he held hundreds of management, advisory and honorary posts in business and public affairs. In the mid-1960s, as chairman of Osaka's Expo '70, the redoubtable Ishizaka pressured a reluctant Premier Eisaku Sato into furnishing ample funds. After twelve years...
Shoring up Keidanren's image is the first order of business for its new president, former Toshiba Electric Chairman Toshiwo Doko. At 77 - only three years younger than his predecessor -Doko continues Keidanren's tradition of gerontocracy. But he is a man of action who skippered the recovery of Ishikawajima-Harima Heavy Industries (shipbuilding), then switched to Toshiba in 1965 and led its resurgence from a deep plunge into debt...
Forgotten Hatred. Addressing a Tokyo meeting of the seven-nation Asian Productivity Organization last week. Foreign Minister Ohira put this drive in idealistic terms: "Asian prosperity is indispensable for the establishment of world peace.'' But wily Toshiba Electric Chairman Taizo Ishizaka. 76. puts his finger on a more immediate reason why Japan should help its neighbors. "Regional economic systems are the wave of the future,'' he says. "It is natural, therefore, that Japan should be interested in strengthening economic ties with her Asian neighbors." Hopelessly isolated from joining any of the world's common markets...
...although he exports less than such competitors as Toshiba, the high quality of the goods Matsushita sends abroad is helping to erase the old image of Japan as a producer of cheap junk. In dramatic evidence of the changing international reputation of Japanese goods, New York's Macy's last week took full page newspaper ads to tout Matsushita's "worldwide reputation for finest quality, finest performance," and to boast that it had the U.S.'s first stock of his new Panasonic portable television sets. Like other Japanese industrialists. Matsushita finds the U.S. and Canada...