He had probably made up his mind unconsciously the moment he boarded the Chuo Line train in Koenji.

NEWYORKER: Town of Cats

If the government chooses to convert, it will hold more than 50% of the shares of Daiwa Bank, Mitsui Trust and Chuo Trust.

ECONOMIST: Money for nothing

At Koenji Station, Tengo boarded the Chuo Line inbound rapid-service train.

NEWYORKER: Town of Cats

They are unlikely to be helped by their old-fashioned top executives, says Hiroshi Okumura, a professor at Chuo University, who argues that most industrial managers, like bank executives, still have no feel for long-term strategy.

ECONOMIST: Japan��s keiretsu