＊When I opened my PC at 4:30 am, I found a management study report of Toyota Motor Corporation mailed me from "P"company in New York city. It was a 56 page report in A4-size. I will not discuss its contents now but pay attention to the powerful office work capacity of U.S. securities firms. By mobilizing their computer technology, they make reports fast and send them to their customers instantly. I think any of Japanese firms will not be able to have powers comparable to Americans even if they have talented staffs. The saving and classifying of data are not satisfectory enough at Japanese firms, and also the most of their staffs are poor in computer technology.
Incidentally not a few sons of my friends moved to foreign securities firms. Some of them started to have their own independent consultant firms and got excellent results by having good customers.
By observing these trends, the securities trade in Japan was actually managed by foreign firms. And Japanese investors have been enclosed by them already. It may be a natural consequence of liberalization and internationalization of investment.
Voluminous reports on U.S. auto markets in August, 2002 were coming in from securities firms in New York city late evening.
| ＊In evening, I met former officials of the Automobile Section, Ministry of International Trade and Industry. They are Mr. Seigo Kakitsubo (chief of section) and Mr. Takaharu Mizuno (group manager of technology.) I worked with them in 1950s. But it was the first time for us to get together after more than fifty years. |
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Mr. Kakitsubo looked healthy but Mr. Mizuno, who had recovered from old heart disease a few years ago, seemed to be not so well. We had another friend, Mr. Hikoshiro Koshida, but he was dead a few years ago. He and I visited in turns staffs of Economic and Science Section of GHQ almost every day to cancel the order of occupied forces to stop the production of passenger cars. It was issued right after the occupation.
