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After that, I was lucky enough to get an interview with Konami, courtesy of my twin brother who was working at Konami Chicago at the time. I had come to Konami after a one-year stint as a teacher at a mass-produced eikaiwa (English-language school) called Aeon. We did this while watching the clock, killing time by smoking cigarettes in the lounge. So we shuffled papers all day, passing them down the line to be stamped by our bosses in starched shirts. These were the 16-bit days, before the use of email was common. I worked in the international business department at Konami Japan, a group of about 15 or so employees who sat uncomfortably between the sales division and the law division in neat rows in a single well-lit, bustling office room. I would later translate Metal Gear Solid for the PlayStation, a job that might have been much too big for one person. That one-and-a-half-year span felt like at least five years due to the high-pressure environment of being the only foreigner in the office, and the horrible Tokyo rush-hour train commute. I first met him when I worked at Konami’s HQ in Toranomon, Tokyo, from about September 1993 to March 1995. Good for him.Īlthough it’s hard to believe now, Hideo Kojima was unknown in the West at that point in the early to mid-’90s. He looked more like Psycho Mantis at the time. He was a lot thinner then, before he started pumping iron. It was at a traditional Japanese ryokan’s rotenburo (outdoor bath), on a Konami company vacation near Mount Fuji. Photo credit: Petty Officer 1st Class Chad J.The last time I saw Hideo Kojima, we were both naked. US Steel Analyst 'Very Concerned' About Liquidity Following Guidance UpdateĪnalyst: Vulcan, Martin Marietta Could Be T Infrastructure Spending Winners Add in the uncertainty created from the COVID-19 outbreak and the trade war with China, and there are simply too many unknowns for investors to have much confidence in steel stocks these days.ĭo you agree with this take? Email your thoughts. steel group is a highly speculative space given the tremendous political risk and uncertainty regarding the election and the potential outlook in 2020 and beyond. Bank of America has a $34 target for Nucor, a $23 target for Steel Dynamics and a $3 target for U.S. (NASDAQ: STLD) and United States Steel Corporation (NYSE: X). steel names,” Tanners wrote in a note.īank of America has Underperform ratings on Nucor Corporation (NYSE: NUE), Steel Dynamics, Inc. “Ultimately, a potential Democrat win would add to our already cautious thesis on most U.S. However, a clean sweep by Democrats could also improve the chances that an infrastructure spending bill will be passed, a potential positive tailwind for steel demand.įor now, Tanners said investors should be careful in the U.S. First, Biden’s plan to raise corporate tax rates from 21% to 28% would hurt steel stocks is Democrats gain control in Washington.
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Two additional major political catalysts could have a significant impact on the US steel industry, according to Tanners. Tanners said Democrats would likely halt construction of the wall, but whether or not they would tear down and scrap what has already been built could have a major impact on near-term steel prices. Most of the pipe for the proposed border was expected to be delivered by the end of 2020. One potential partisan headwind for the steel industry could be the fate of Trump’s border wall with Mexico.