Word: yukie
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...giving up topknots and swords, it requires a change in mentality for salarymen to abandon suits and ties--it's their identity," says Environment Minister Yuriko Koike. An unexpected bonus: the campaign may generate as much as $942 million in fashion sales. --By Coco Masters/New York. With reporting by Yuki Oda/Tokyo
...small, high-quality panels found in cell phones, car navigation systems, and hand-held game players like Sony's PSP and Nintendo's DS. This strategy has enabled Sharp to withstand the margin pressure that's ravaging its rivals. Sharp's small-panel market, says Lehman Bros. analyst Yuki Sugi, is particularly lucrative, as its clients tend to place long-term orders for highly specialized, high-margin goods. Similarly, at the other end of the spectrum, Sharp has profited richly by being the first company to bring extra-large LCD TVs to market: it rolled out a 45-in. model...
...copies.) "There's not much motivation to expand in a rush," says Sony Music Entertainment's Yasushi Ide, who cites ongoing worries about piracy, especially in Asia . "We'd rather grow the market gradually." Which may be the wisest way to avoid flying without wings - and crashing. - Reported by Yuki Oda/Tokyo and Bryan Walsh/Hong Kong Made To Be Broken The E.U. proposed relaxing its stability and growth pact by loosening the rule requiring states to keep budget deficits below 3% of GDP. The changes will benefit chronic overspenders such as France and Germany, though other nations oppose any relaxation...
...triumphs of the past five decades. But he realizes that in this fiercely competitive business, the only thing that matters now is Project Y. "Our competitors can introduce similar products almost immediately," he says. Which means he is already planning Project Z too. --By Jim Frederick/Tokyo. With reporting by Yuki Oda/Tokyo...
...dislikes the label because his mission diverges from what he considers the standard priorities of a family-run firm. "What we are doing is not to make money for the family," he says, "but to create something that contributes to the society." --By Jim Frederick. With reporting by Yuki Oda/Tokyo