Word: yoshiharu
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Dates: during 2000-2009
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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...