Word: toyota
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Dates: during 1990-1999
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...robust 105 to the U.S. dollar, Japan has been forced to price its cars out of the reach of many American shoppers. "At the yen level we are facing right now, it is difficult for some of our Japanese-made models to be competitive in the U.S.," a Toyota executive says. Some Western observers suspect they are witnessing a sea change. "There is a good chance that Japanese carmakers have passed their historical peak in the U.S.," says Benjamin Moyer, a car analyst in the Tokyo office of Merrill Lynch...
Then there was the bomb -- made with military explosives and built right into the frame of a Toyota Land Cruiser, not just dropped into the trunk. Its internal mechanism bore the signature that the FBI had found in another bomb of undoubted Iraqi provenance. Asked if he was "certain" or just "highly confident" that Bush had been targeted by Saddam Hussein, a senior U.S. intelligence official tersely replied, "We're certain. Al-Ghazali was tasked specifically to kill President Bush...
...commutes, cramped living space -- for the sake of national economic power and pride. But now that fanatical work ethic seems to be faltering among the young, who have startled their elders by choosing more leisure time over higher pay. "They enjoy having barbecues with their families," marvels an aging Toyota executive. "My generation never even thought of such things...
Rudenstine also met with the heads of several major Japanese corporations, including Toyota, Sony, Toshiba, NEC and IBM-Japan...
...profits, owing in part to costs associated with 700,000 defective refrigerators. Making matters worse is the sudden rise of the yen to a record high against the dollar. Monetary appreciation will hurt Japan's big exporters first, bringing in fewer yen for their sales in dollars abroad. Toyota, for example, calculates that for every yen in appreciation against the dollar, it loses $51 million in revenue from exports...