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After 1980, Furukawa and Sumitomo wanted to increase the
amount of dividends they received from Burndy-Japan. Burndy-US,
Furukawa, and Sumitomo agreed to do so in 1988.
6. Burndy-Japan’s Independence From Burndy-US
From 1962 to 1993, Burndy-US tried unsuccessfully to direct
Burndy-Japan away from the electrical connector business to the
electronics business. Furukawa and Sumitomo were more interested
in the electrical than the electronics business.
In 1987, Burndy-US wanted but could not get from Burndy-
Japan a list of products manufactured or sold by Burndy-Japan and
information about certain sales by Burndy-Japan.
In 1990, Burndy-US asked Burndy-Japan for information to
help Burndy-US better understand Burndy-Japan’s competitors,
markets, customers, and how Japanese shareholders affected the
way Burndy-Japan did business. Burndy-US did not know what new
products Burndy-Japan had. Burndy-US tried unsuccessfully to get
Burndy-Japan to increase exports and to provide engineering
assistance to help Burndy-US’s Taiwan subsidiary. Burndy-Japan
did not give Burndy-US copies of patent applications as required
by the technical assistance agreement in effect at the time, even
though this information was important to Burndy-US.
In 1991, Burndy-Japan negotiated an agreement with a third
party and disposed of Burndy-US’s interest in a proprietary
product outside Japan without Burndy-US’s prior approval.
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