Earth-shatering vibrations
Earth-shatering vibrations
Earth-shatering vibrations
Me: I need a trumpet, a xylophone, full drum kit, an electric guitar, a full PA system and a grand piano for my jazz show
Yamaha: I got you
Me: I also need a motorcycle to get there and a set of golf clubs for Sunday
Yamaha: I gotchu there too
Me: I will also need a motor for my boat
Yamaha: anything else?
Me: An ATV for the beach, a Snow Mobile for the winter and a Jet-Ski just because they're fun.
Yamaha: Of course!
Me: Oh, and you wouldn't know where I could find a DVD player?
I love how these logos often still reflect the initial small scale business, a Yamaha motorbike still features a trio of tuning forks for music. A Mitsubishi... anything.... has the three propellor blades of a Zero fighter plane. I made that second one up but apparently it's three Oak Leaves or Water Caltrops, a simple and enduring symbol.
Mitsubishi literally means “three diamonds”
I was going to point out the BMW Propeller but apparently it's a myth from 1929 and now my day is ruined.
You forgot digital mixer, SMT assembly systems and gas generators
They also do the vocals! Smh how could you forget Hatsune Miku?
Hold up before you place the order! I need train carriages, a supercomputer, radiotherapy equipment, nuclear power plant, aircon, self propelled artillery and an escalator. Don't ask me why.
Samsung though: phones, tanks, healthcare equipment
Also 20% of South Koreas economy
They also make some fantastic solid surface counter tops that are pretty nice budget replacements for higher end stone counters.
So random.
Largest cargo manufacturer, apartment builder and they used to make cars.
They have a lot of divisions under their main.
Me: I need a flute for my orchestra performance
Yamaha: No problem, here's our 800W Series.
Me: You wouldn't happen to know where I can
get a heavy 600 cc sport bike with the stop speed of 260km would
you?
Yamaha: You're not gonna believe this
Yamaha often gets overlooked for instruments, I think a lot of this is that we don't expect a company that makes jetskis and motorcycles to also know what they're doing with guitars, saxophones, and pianos, but they actually make good quality stuff.
It's more accurate to think of Yamaha as a conglomerate that owns several different companies. It's just that a lot of those smaller companies are also named Yamaha
Fun fact, the Yamaha logo is an image of three tuning forks, laid atop each other.
I’ve got a set of Yamaha HS7 studio monitors sitting in front of me right now. Their music equipment is great.
I have a yamaha saxophone, it is one of their intermediate ranges (I forgot which one since I am living overseas). Sound quality is excellent. I play classical saxophone, and it produces this great warm tone (I have no idea how to describe it) that is excellent for this purpose. I am not sure about jazz though.
Don't forget your electric guituar amplyfier on the way out
ME: The concert's on a boat by the way, and we need power really soon. Do you happen to have outboard boat motors?
YAMAHA: Have I got something for you right here.
I also love that all of the greatest Toyota car engines have had Yamaha heads.
I think just mentioning the LFA suffices
Gear it right (or wrong I guess) and that 600cc WILL hit 300km/h. They put out the same power the original hyperbikes did.
This reminds me of around 2000, when I had a Daewoo television, and then my mind was blown one day when I saw a Daewoo car. Who makes televisions and cars? Daewoo apparently.
so apparently samsung also makes cargo ships
Mitsubishi
They also make microwaves
Samsung too. Rebadge Renault's in South Korea.
I used to have a Hyundai laptop ... it was really good :-)
Asianometry has an interesting video on the rise and fall of Daewoo that is definitely an interesting example on how not to run a business.
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Fujitsu too
Mitsubishi has entered the chat.
Yamaha has entered the chat
Hey. Hey buddy. Want a keyboard or guitar? How about a jetski?
Me: Hmm, about time I bought a phone
Siemens: I gotchu
Me: a laptop would be nice to apply for jobs
Siemens: Gotchu there too
Me: Just got a City Planner job, wonder who I can buy some trains from
Siemens: Gotchu again bro
Me: Nuclear power plant to power the trains?
Siemens: We don't sell those anymore, we've gotchu with steam and solar power plants though
Me: Just bought a house, need some kitchen appliances...
Siemens: Gotchu bro
Me: I need a TV and a Smartphone
Samsung: No worries man
Me: I could also use an artillery barrage and a few tanks
Samsung: Well now that you mention it...
Brother (the printer company), makes world-class sewing machines. Home use and heavy commercial.
Sewing machines and printers aren't all that different. They both take a media and apply it to a medium using a motor and replaceable supplies. Especially when you consider the sewing machines that you connect to a computer and sew images and patterns to.
They both take a media and apply it to a medium
"Media" is the plural of "medium". 1 medium, 2 media.
So does Toyota (before cars in fact)
Me: I need to get rid of the whole Uchiha clan
Hitachi:
You can do similar with mitsubishi, yamaha, bugatti, samsung (especially samsung. They make a ton of things. Ships, phones, hospital equipment, clothing and you can even live at their hotel
Is that a hotel for shills?
Also, what does Bugatti make other than cars? (I found they used to make trains)
The record player I grew up with is a freaking Mitsubishi
Mitsubishi was founded by a samauri.
So I was curious, and I looked it up. You're close: the founder was a descendent of a line of samurai, but his great grandfather sold the status/title in order to resolve debt obligations
So was my first CD burner.
I should ask my sisters if they remember the manufacturer of the one we had... If I had to take a guess, it was probably Sony
Mitsubishi now compose of 3 or 4 big companies that share the same name and... that's it. Mitsubishi Heavy Industries has no relations whatsoever with Mitsubishi Corporation or Mitsubishi Electric
These weird combinations look fun but they're generally the result of having conglomerates, companies that have gobbled up a bunch of smaller, unrelated companies.
Conglomerates are tricky to pull off because managing a lot of disparate business lines. A CEO who knows all about how to market construction equipment is likely to miss that one of their other products became an iconic sex toy years ago. The big problem is that more focused companies can typically outmaneuver you in their area of focus.
Theoretically, there might be synergies that make your company more effective but normally, conglomeration is drag on the risk-adjusted rate of return on your company. It's much easier to pull off when your government has strong protectionist policies or if there are officials you can bribe to keep out the competition.
Why would a company do something that's generally bad for the company? It's generally good for the CEO. A CEO often has a very concentrated investment portfolio. Changes in the value of the company they're running can have a huge impact on their personal wealth. Conglomeration allows a single company to be a diversified asset. It does it in a way that's objectively worse for shareholders but better for the CEO.
Koreas "chaebol" system isn't just any kind of conglomerattion, though... it was based on the system the Japanese used to dominate Korea during it's colonization of that country, which the US simply encouraged after the war. The dictatorships that followed basically ran with it... and now you have these gigantic, government-subsidized "chaebols" that is the epitome of "too big too fail." South Korea is about as oligarchic as it gets.
It's utterly hilarious to me when "free market" cultists try to use South Korea as an example of how miraculous their fairy tale economic ideology is.
It's functionally close enough to a conglomerate though.
I'm not exactly sure what '"free market" cultist' is or if you're accusing me of being one. Modern economists don't normally align themselves with simplistic ideologies like "free market", "communist" or "capitalist". They're aware of the historical and modern usage of these terms but they tend to focus on areas that are far to specific for those terms to even make sense. You won't find a lot of economists that argue for complete Laissez-faire capitalism any more than you'll find real economists arguing in favor of classical Marxism.
There is general agreement that conglomeration benefits management more than shareholders. There's general agreement that they are more likely to arise under some economic conditions and that those conditions usually aren't associated with socially optimal economic policies.
I don't think your last sentence is congruent with what you were saying before it.
You're saying a CEO will opt for conglomeration because it either increases the value or decreases the volatility of the company because the CEO has lots of stock in the company. If that's the case, how is it bad for the shareholders, of which the CEO is a major player?
The shareholders can go and buy a diversified portfolio on their own, by investing in many companies, so they can derisk their portfolio without conglomeration.
If they already own shares of the conglomerating company, its returns will be lower (they don't care that it's less risky; they've diversified already). Similarly, the returns of the company that is now becoming part of the conglomeration will likely be reduced, which negatively affects shareholders of that company.
The benefit is really only for the people whose prospects are deeply tied to this company, and only this company... its management employees, who are compensated by the company (often in the form of stock that they can't sell till they leave, or that vests over a long time frame).
It's a bit complicated.
The CEO and the other shareholders aren't the same.
For the CEO, it's a good way to diversify since they can't diversify the normal way.
For the regular share holders it's a way to diversify but it's not as good as being able to buy and sell the individual components.
I'll skip a lot of the math but the upshot is that their Sharpe Ratio (expected return divided by risk) is higher if they do their own diversification than if they buy one company that tries to diversify within it.
Man, this Smart fridge is amazing. Do you, by any chance, happen to make self propelled atillery tanks as well?
Don't forget the Hitachi UltraStar hard drives
We have learn't nothing from 'too big to fail'.
Now it's "too big to fit"
Now I know why my girl friend and I both love Hitachi...
Damn, your girlfriend likes excavators? Lucky
They also make Scanning Electron Microscopes.
Hey, I need a new high-end, innovative Phablet.
Samsung; sure, knock yourself out
I'm also interested in constructing the largest building in the world
Samsung; say no more
That one is especially messed up with the ownership controversy between Samsung Electronics and Samsung Engineering.
Hitachi rebranded their magic wands because they didn't want their brand to be permanently associated with sex toys
They did not rebrand them. They stopped manufacturing them completely. They didn't license it to other manufacturers, they sold the rights outright. They have entirely divested themselves.
This isn't a Hitachi or a modern third party version; this one operates on DC and has button controls and a power button instead of one chunky switch.
Seems like it's a little late for that.
HGST drives were pretty good for the price as well. Just keep it away from your other Hitachi "tools"
Ok, now can you replace the motor in the personal massager with…
I’ve just got really deep knots.
Cthulhu has awoken and demands release.
Title: chef's kiss 👌
TATA has entered the chat.
They haven't actually made them in decades but the form lives on in its many many imitators.
Also VCRs and TVs in the 90s.
Kind of like how Ball makes soda cans and rocket parts.
Would be funnier if they still made mason jars.
Rockets are just big soda cans with a nozzle to let all the fizz out.
Wait, a Ball still makes Mason jars, right? Or did they license it out or something?
They licensed it out a while back I think.
And also twin screw polymer extruders
And can I have a twin sequential turbocharger for the best car of the century? "You are not gonna believe this"
I gotchu fam