61. Japanese corporations are going belly up with record debt levels. 62. Japanese corporations have also trimmed outlays on new plants and equipment. 63. Japanese corporations continued to move operations offshore to be closer to overseas consumers and to cut production costs. 64. Japanese corporations tend to split their jobs into two categories. 65. Last July, sexual harassment in Japanese corporations made headlines when Mitsubishi Motor Co. was accused of condoning widespread harassment at its Illinois auto plant. 66. Just several years ago, foreigners heading major Japanese corporations were a rarity. 67. Many democracy activists in Burma and abroad, however, accuse the Japanese government of hypocrisy since several Japanese corporations have been investing in Burma. 68. Many Japanese corporations already have large numbers of subsidiaries. 69. On the stock market, share prices dropped on aggressive selling by foreign investors and Japanese corporations, traders said. 70. On the Tokyo Stock Exchange, heavy selling by Japanese corporations anxious to raise cash was able to offset buying from individual and foreign investors, traders said. |