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Seibu Saison Group

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BUSINESS
October 1, 1988 | MARTHA GROVES, Times Staff Writer
While a student in the late 1940s at Tokyo University, Seiji Tsutsumi enraged his capitalist father by demonstrating on behalf of left-wing causes. He paid a hefty price. When father Yasujiro died in 1964, he left the bulk of his real estate and transportation empire to Seiji's reportedly illegitimate half-brother Yoshiaki, whom Forbes magazine has identified as the world's richest man.
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NEWS
June 29, 1990 | ALAN CITRON, TIMES STAFF WRITER
Seeking an expanded role in the global entertainment market, a consortium of Japanese corporations is poised to announce the formation of an international media company that will invest in everything from Hollywood movie production to sports programming. Media International Corp. will provide as much as $700 million in funding for an array of entertainment ventures by its fifth year of operation, company President Takao Yoshiki said.
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BUSINESS
October 1, 1988 | JONATHAN PETERSON, Times Staff Writer
A giant Tokyo conglomerate Friday agreed to buy the worldwide Inter-Continental Hotel group for $2.27 billion, transferring ownership of some of the world's most famous luxury hotels from the British to the Japanese. The purchase by the Seibu Saison Group includes the Mark Hopkins in San Francisco, the May Fair in London and part ownership of the Willard in Washington. Grand Metropolitan PLC, the British firm that owns Inter-Continental, announced the sale after agreement was reached in Tokyo.
BUSINESS
October 1, 1988 | MARTHA GROVES, Times Staff Writer
While a student in the late 1940s at Tokyo University, Seiji Tsutsumi enraged his capitalist father by demonstrating on behalf of left-wing causes. He paid a hefty price. When father Yasujiro died in 1964, he left the bulk of his real estate and transportation empire to Seiji's reportedly illegitimate half-brother Yoshiaki, whom Forbes magazine has identified as the world's richest man.
NEWS
June 29, 1990 | ALAN CITRON, TIMES STAFF WRITER
Seeking an expanded role in the global entertainment market, a consortium of Japanese corporations is poised to announce the formation of an international media company that will invest in everything from Hollywood movie production to sports programming. Media International Corp. will provide as much as $700 million in funding for an array of entertainment ventures by its fifth year of operation, company President Takao Yoshiki said.
ENTERTAINMENT
April 14, 1989 | ALEENE MacMINN, Arts and entertainment reports from The Times, national and international news services and the nation's press
Four Japanese organizations have contributed $1.4 million to underwrite six one-hour PBS programs on "Nature Perfected." The series, due on PBS in the fall of 1990, "will explore the old world and the new, shed light and information on a variety of cultures, and examine how gardens have epitomized humanity's place in the natural and universal order." The contributors: Seibu Saison Group, Sumitomo Bank Ltd., Suntory Corp. and the Japan Assn. for the International Garden and Greenery Exposition.
ENTERTAINMENT
April 12, 1989 | ALEENE MacMINN, Arts and entertainment reports from The Times, national and international news services and the nation's press
Four Japanese organizations have contributed $1.4 million to underwrite six one-hour PBS programs on "Nature Perfected." The series, due on PBS in the fall of 1990, "will explore the old world and the new, shed light and information on a variety of cultures, and examine how gardens have epitomized humanity's place in the natural and universal order." The contributors: Seibu Saison Group, Sumitomo Bank Ltd., Suntory Corp. and the Japan Assn. for the International Garden and Greenery Exposition.
ENTERTAINMENT
December 21, 1990 | DON HECKMAN
"Rhythmstick" (CTI). High definition, letterbox format. Multitrack digital audio. $40. "Rhythmstick" features Dizzy Gillespie, Art Farmer, Tito Puente and 15 other international jazz all-stars in the first in a series of audio-visual projects from CTI. The company, which in the '70s and '80s presented such artists as Bob James and Freddie Hubbard, has been revitalized under the direction of its founder, jazz producer Creed Taylor.
BUSINESS
January 24, 1989 | NANCY YOSHIHARA, Times Staff Writer
Another choice piece of Los Angeles real estate--the newly opened, luxury J. W. Marriott Hotel in Century City--has been quietly sold to a Japanese realty and development firm for $85 million. Sumitomo Realty of New York purchased the 375-room, 17-story building and certain leases on the property, according to Jonathan Q. Loeb, general manager of the J. W. Marriott. However, Marriott Corp. of Bethesda, Md., retains ownership of the land and continues to manage the luxury facility as a Marriott.
BUSINESS
July 11, 1991 | CRISTINA LEE, TIMES STAFF WRITER
Orange County will soon get a taste of Japanese noodle dishes like 3-Alarm Ramen, a spicy beef noodle soup, and Teriyaki Chicken Ramen. MOS Food Services Inc., operator of Japan's largest hamburger chain, will open its first Orange County fast-food noodle restaurant in Brea on July 27. The company's U.S. subsidiary already operates three similar restaurants in Los Angeles under the name of Mikoshi Japanese Noodle House.
BUSINESS
October 1, 1988 | JONATHAN PETERSON, Times Staff Writer
A giant Tokyo conglomerate Friday agreed to buy the worldwide Inter-Continental Hotel group for $2.27 billion, transferring ownership of some of the world's most famous luxury hotels from the British to the Japanese. The purchase by the Seibu Saison Group includes the Mark Hopkins in San Francisco, the May Fair in London and part ownership of the Willard in Washington. Grand Metropolitan PLC, the British firm that owns Inter-Continental, announced the sale after agreement was reached in Tokyo.
BUSINESS
November 27, 1990 | LESLIE HELM, TIMES STAFF WRITER
The acquisitions by Sony Corp. and Matsushita Electric Industrial Co. of two of Hollywood's crown jewels, Columbia Pictures and MCA, are likely to strengthen Japan's hand in directing debates over key issues in entertainment. While Sony and Matsushita are fierce competitors, they have a history of working closely together when they have interests in common.
BUSINESS
October 20, 1988 | SAM JAMESON, Times Staff Writer
Lee A. Iacocca, chairman of Chrysler Corp., said Wednesday that the one job he would consider doing for the next American president is that of U.S. trade representative. In remarks at the Foreign Correspondents Club in Tokyo, the outspoken Chrysler official said he would consider the trade job if offered it, because he believes that the U.S. trade deficit must be corrected.
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