Word: yoshiharu
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...Electronics said last week that it would eliminate 20,000 jobs at home and abroad, and cut costs by $890 million overall in the coming 24 months. Sony will close up to six factories and cut 16,000 jobs from its electronics divisions, to address what JPMorgan Securities analyst Yoshiharu Izumi called the company's "emergency situation." Panasonic, which recently bought a majority stake in Sanyo, is closing three plants...
...Japanese have finally got it: 12 years isn't a mere recession, and the rising sun doesn't inevitably follow the dark of night. "Everybody's afraid because we know we are getting poorer, day by day," says Yoshiharu Nakashima, who ought to know: he's a pawn-shop owner in Tokyo's Ueno district. When U.S. President George W. Bush visits next week, he'll undoubtedly spend some backroom time telling the Japanese to get their acts together. His host will be Prime Minister Junichiro Koizumi, who achieved rock-star popularity by promising to do just that, but whose...
...thanks to the weak economy and the wrenching opening up of Japan's markets, tatami prices are half what they were 10 years ago. Farmers can't pay off the loans they were once encouraged to take. "Thirty farmers have committed suicide the past four or five years," says Yoshiharu Takahama, a town assembly member...
...interview early this year, BMW chairman Eberhard von Kuenheim accused Toyota of "dumping" Lexus in the U.S. market at below-market prices, and declared, "Europe is not willing to destroy its own industry" by giving Japan free access. Toyota calls that charge "groundless and meaningless," but spokesman Yoshiharu Tateishi says, "We are fully aware of the trade friction, and our approach will be modest and prudent...
Park's harsh repression is causing international reverberations. Among those already convicted are two Japanese citizens, Yoshiharu Hayakawa and Masaki Tachikawa, who have been living in South Korea. Hayakawa, 37, a language instructor, and Tachikawa, 28, a freelance journalist, were sentenced to 20 years' imprisonment for allegedly acting as go-betweens linking North Korean and Japanese Communists with the antigovernment student movement in Seoul...