Japan: bring back the clown
Article Abstract:
The mayor of Tokyo, Japan, Yukio Aoshima, will not run for reelection because of the opposition he faced during his term of office, but his ideas are being vindicated by the words of one of the candidates who seeks to replace him. Aoshima was a television comedian who won the mayor's office by calling for government budget cuts and appealing to citizens' frustration with traditional politicians. His reforms, however, were blocked by political opposition. Kunio Hatoyama, deputy leader of the Japan's Democratic Party, announced he will run for mayor and called for strict fiscal reform.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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On the road to regret?
Article Abstract:
Automobile industry analysts question the wisdom of Renault's offer to buy 35% of the troubled Japanese automobile company, Nissan Motor Co. Nissan has not been profitable for six out of seven years during 1993-1999. The French government, which owns 44% of Renault, favors the investment. Renault improved a 15-year poor performance rate with a $1.5 bil profit in 1998.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Japan's hidden gems
Article Abstract:
The small companies in Japan are worth less than their liquidation value. The Chief Executive Officer (CEO) of Sparx Asset Management in Tokyo has signed a deal with the California Public Employees' Retirement System for the establishment of a new fund targeting small, underperforming companies with a willingness to follow a very specific blueprint for reform.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2003
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