Article: SCA's Mitome to Head New Seiko Watch Corp.(Seiko Corporation of America, Tsutomu Mitome)(Brief Article)

At a June 28 shareholders meeting in Tokyo, Seiko Corp. planned to make Seiko Watch Corp. a wholly owned subsidiary. Tsutomu Mitome, president and chief executive officer of Seiko Corp. of America (SCA), was scheduled to become president of the new Seiko Watch Corp. At that same meeting, Seiko Corp. was slated to formally become a holding company, involved only in the financial and real estate concerns of its six independent companies. Seiko is one of the world's best-selling watch brands and a popular seller in U.S. department stores.

Reijiro Hattori, who has been chairman of Seiko Corp., becomes honorary chairman. Chushichi Inoue is being succeeded as president ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!