Word: yamaichi
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Dates: during 1980-1989
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Japanese researchers are pursuing more than 100 new applications for fuzzy logic. Nissan has patented fuzzy auto transmission and antiskid braking , systems. Yamaichi Securities has introduced a fuzzy stock-market investment program for signaling shifts in market sentiment. Canon is working on a fuzzy auto-focus camera. Matsushita has delivered a fuzzy automobile-traffic controller, and is about to unveil a fuzzy shower system that adjusts to changes in water temperature to prevent morning scaldings. And in the strongest endorsement of the technology to date, the Ministry of International Trade and Industry opened the Laboratory for International Fuzzy Engineering Research...
...money management and research. Nomura handles nearly 17% of all stock trades in Japan; its nearest rival, Daiwa Securities, has a 12% share of the market. Nomura claims an equally commanding slice of the bond market, 19%, vs. 12% for Daiwa. Nomura and Daiwa, along with Nikko Securities and Yamaichi Securities, are known in Japan as the Big Four. Says a Nomura director, with a mix of arrogance and pride: "It's not really the Big Four. It's Nomura and the Little Three...