Minoru Makihara, a former president of Mitsubishi Corp. who played an active role in Japanese and U.S. business circles, has died of heart failure at his home, the major trading house said Monday. He was 90.
A graduate of Harvard University, Makihara served as chair on the Japan-U.S. Business Council, an external board member of American technology firm International Business Machines Corp., or IBM, and vice chairman of the Japan Business Federation, also known as Keidanren.
After becoming president of Mitsubishi in June 1992, the Tokyo native streamlined businesses that became unprofitable during the asset-inflated bubble economy from the late 1980s to early 1990s.
As Mitsubishi and other trading houses were hit by a downturn in natural resource prices, Makihara restored the fiscal health of the company and paved the way for the expansion of its business and earnings.
His wife Kikuko is the great-granddaughter of industrialist Yataro Iwasaki, founder of the Mitsubishi zaibatsu conglomerate, which has now become the Mitsubishi group.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
PHOTO GALLERY (CLICK TO ENLARGE)
"corp" - Google News
December 21, 2020 at 05:01PM
https://ift.tt/38iEsI8
Minoru Makihara, former Mitsubishi Corp. president, dies at 90 - The Japan Times
"corp" - Google News
https://ift.tt/2RhVoHj
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Minoru Makihara, former Mitsubishi Corp. president, dies at 90 - The Japan Times"
Post a Comment