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NEWS
September 15, 1990 | TERRY PRISTIN, TIMES STAFF WRITER
When Mayor Tom Bradley kicked off the Los Angeles Festival in San Pedro earlier this month, he stood behind a podium draped with the name of Occidental Petroleum Corp., a sponsor of the event since it was launched in 1984. The oil company's chairman, Armand Hammer, also was on hand to speak. Less visible to the public, however, has been the role of one group of executives whose support was considered crucial to this latest festival--the Japanese business community.
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BUSINESS
December 10, 1999 | Reuters
General Motors Corp. is set to announce in Tokyo that it's buying a 20% stake in Fuji Heavy Industries Ltd., parent of auto maker Subaru, for about $1 billion, sources familiar with the deal said. The agreement, barring a last-minute hitch, is the latest of many mergers and alliances in the worldwide automotive industry, and helps GM fulfill its pledge to boost its share in the fast-growing Asia-Pacific market to 10% by 2005, from about 4% now.
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BUSINESS
August 15, 1991 | From Times Staff and Wire Reports
Manufacturers Hanover May Sell Japan Trust: Manufacturers Hanover Trust Co. said it is in negotiations to sell its trust business in Tokyo to State Street Bank and Trust Co. Manufacturers Hanover said it had applied to the Japanese government for approval of the sale of Manufacturers Hanover Trust Bank (Japan) Ltd. Japan Broadcasting Corp. (NHK) said Manufacturers Hanover Trust's local affiliate had encountered difficulties because of the prolonged slump in the Tokyo stock market.
BUSINESS
May 13, 1992 | GEORGE WHITE, TIMES STAFF WRITER
Some foreign-owned businesses here--responding to community pressure or acting on their own--are beginning to help with riot relief efforts or plan to assist the Rebuild L.A. task force headed by Peter V. Ueberroth. State and local officials--seeing U.S.-based subsidiaries of Japanese companies in particular as having deep pockets--are already tapping these firms in the effort to rebuild riot-torn sections of Los Angeles.
BUSINESS
December 10, 1999 | Reuters
General Motors Corp. is set to announce in Tokyo that it's buying a 20% stake in Fuji Heavy Industries Ltd., parent of auto maker Subaru, for about $1 billion, sources familiar with the deal said. The agreement, barring a last-minute hitch, is the latest of many mergers and alliances in the worldwide automotive industry, and helps GM fulfill its pledge to boost its share in the fast-growing Asia-Pacific market to 10% by 2005, from about 4% now.
BUSINESS
June 13, 1988 | DAN BERGER, Times Wine Writer
Mark Majestic believes that the key to doing business with Japanese companies is patience--patience beyond the limit of most Americans with an understanding of standard, American business polity. "The Japanese quarterly report is a quarter of a century," said Majestic, chairman and president of Majestic International Inc., a small, Palos Verdes-based company that assists Far East companies wishing to do business in the United States.
BUSINESS
May 13, 1992 | GEORGE WHITE, TIMES STAFF WRITER
Some foreign-owned businesses here--responding to community pressure or acting on their own--are beginning to help with riot relief efforts or plan to assist the Rebuild L.A. task force headed by Peter V. Ueberroth. State and local officials--seeing U.S.-based subsidiaries of Japanese companies in particular as having deep pockets--are already tapping these firms in the effort to rebuild riot-torn sections of Los Angeles.
BUSINESS
December 1, 1990 | Cristina Lee, Times staff writer
Sanshin Electronics Corp., a Costa Mesa subsidiary of a Japanese electronics company, is hoping to expand its operations in the United States. It also plans to build an assembly and manufacturing plant in Southern California to make electronic components for wide screen televisions and other home appliances by 1993, said Asao Kanamori, Sanshin's executive vice president. Sanshin, which is 10% owned by NEC, expects to acquire between three to five distributors in the next three years, he said.
BUSINESS
February 22, 1992 | CRISTINA LEE, TIMES STAFF WRITER
Japanese firms in Southern California, stung by what they perceive as growing anti-Japanese sentiment among consumers as well as criticism from their American workers, are taking steps to rebuild their image. The Japan Business Assn. of Southern California, which represents 700 companies, plans a public relations campaign to counter the negative climate. It already has collected $1.5 million for the project.
BUSINESS
February 13, 1990 | NANCY YOSHIHARA, TIMES STAFF WRITER
America's top executives feel less comfortable with Japanese investment in the United States than with Canadian, British or European involvement in the U.S. economy, and they believe that Japan is not open to foreign investment, according to a survey released Monday. The Conference Board survey of more than 400 chief executives of the nation's largest corporations is believed to be the first attempt to measure how top U.S. business leaders feel about Japanese investment in the United States.
BUSINESS
February 22, 1992 | CRISTINA LEE, TIMES STAFF WRITER
Japanese firms in Southern California, stung by what they perceive as growing anti-Japanese sentiment among consumers as well as criticism from their American workers, are taking steps to rebuild their image. The Japan Business Assn. of Southern California, which represents 700 companies, plans a public relations campaign to counter the negative climate. It already has collected $1.5 million for the project.
BUSINESS
August 15, 1991 | From Times Staff and Wire Reports
Manufacturers Hanover May Sell Japan Trust: Manufacturers Hanover Trust Co. said it is in negotiations to sell its trust business in Tokyo to State Street Bank and Trust Co. Manufacturers Hanover said it had applied to the Japanese government for approval of the sale of Manufacturers Hanover Trust Bank (Japan) Ltd. Japan Broadcasting Corp. (NHK) said Manufacturers Hanover Trust's local affiliate had encountered difficulties because of the prolonged slump in the Tokyo stock market.
BUSINESS
December 1, 1990 | Cristina Lee, Times staff writer
Sanshin Electronics Corp., a Costa Mesa subsidiary of a Japanese electronics company, is hoping to expand its operations in the United States. It also plans to build an assembly and manufacturing plant in Southern California to make electronic components for wide screen televisions and other home appliances by 1993, said Asao Kanamori, Sanshin's executive vice president. Sanshin, which is 10% owned by NEC, expects to acquire between three to five distributors in the next three years, he said.
BUSINESS
November 20, 1990 | CRISTINA LEE, TIMES STAFF WRITER
The Japanese government wants to send its retirees abroad where the living is cheaper, and a small Orange County company is offering a solution. VTN Corp., an engineering firm in Orange, wants to build a giant Leisure World-type retirement community for Japanese and other foreign retirees along a 14-mile stretch of coastline in the West African nation of Senegal.
NEWS
September 15, 1990 | TERRY PRISTIN, TIMES STAFF WRITER
When Mayor Tom Bradley kicked off the Los Angeles Festival in San Pedro earlier this month, he stood behind a podium draped with the name of Occidental Petroleum Corp., a sponsor of the event since it was launched in 1984. The oil company's chairman, Armand Hammer, also was on hand to speak. Less visible to the public, however, has been the role of one group of executives whose support was considered crucial to this latest festival--the Japanese business community.
NEWS
May 23, 1990 | JAMES RISEN, TIMES STAFF WRITER
Each morning, Sara Weidman drives an hour and 15 minutes from her home in the small industrial town of Muncie, Ind.--past countless cornfields and a blur of suburbanshopping malls--to her secretarial job in downtown Indianapolis. But Weidman's cross-country commuting days won't last forever; soon, she will be moving to one of the outer suburbs of Indianapolis, where the drive-times are shorter and the jobs more plentiful for her husband.
BUSINESS
February 3, 1989 | JUBE SHIVER Jr., Times Staff Writer
Shaklee Corp., a vitamin and personal-care products company whose growth has stalled in recent years, agreed Thursday to sell a 78% stake in its profitable Japanese subsidiaries to a leading Tokyo pharmaceutical company for $350 million. The sale to Yananouchi Pharmaceutical comes one month after San Francisco-based Shaklee began tightening its anti-takeover defenses to ward off corporate raider Irwin L. Jacobs of Minneapolis.
BUSINESS
November 20, 1990 | CRISTINA LEE, TIMES STAFF WRITER
The Japanese government wants to send its retirees abroad where the living is cheaper, and a small Orange County company is offering a solution. VTN Corp., an engineering firm in Orange, wants to build a giant Leisure World-type retirement community for Japanese and other foreign retirees along a 14-mile stretch of coastline in the West African nation of Senegal.
BUSINESS
February 13, 1990 | NANCY YOSHIHARA, TIMES STAFF WRITER
America's top executives feel less comfortable with Japanese investment in the United States than with Canadian, British or European involvement in the U.S. economy, and they believe that Japan is not open to foreign investment, according to a survey released Monday. The Conference Board survey of more than 400 chief executives of the nation's largest corporations is believed to be the first attempt to measure how top U.S. business leaders feel about Japanese investment in the United States.
BUSINESS
February 3, 1989 | JUBE SHIVER Jr., Times Staff Writer
Shaklee Corp., a vitamin and personal-care products company whose growth has stalled in recent years, agreed Thursday to sell a 78% stake in its profitable Japanese subsidiaries to a leading Tokyo pharmaceutical company for $350 million. The sale to Yananouchi Pharmaceutical comes one month after San Francisco-based Shaklee began tightening its anti-takeover defenses to ward off corporate raider Irwin L. Jacobs of Minneapolis.
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