protection against us just as the Japanese resent the Buy American or Buy California Acts. When the partners exchange wedding vows reluctantly, the marriage is not always a happy one. Even when the parties are eager to associate with each other, problems arise because of the differences in customs and management practices and in the failure of the two parties to clearly define their objectives and to agree on standards to measure what constitutes good performance. Good Joint Management in practice is very difficult to achieve. In some cases there is the feeling that group loyalties in Japan are so strong that the Japanese employees assigned to the joint venture still feel their primary allegiance is to their old company and not to the new company. And now I yield to my friend, Mr. Fujino, who will have the last word and point up the American business practices that cause problems from the Japanese standpoint. Thank you for your courtesy and attention. - 8