BACK IN THE SADDLE

Sorry!  I missed a few days.   Combo situation - off on vacation and my internet service failed me when I got home.  My mind and body also failed me but I think I've recovered now.

Here's something I recently stumbled across.  Take a look at the zipper on the coat or trousers or whatever you're wearing.  Chances are you will see that the letters "YKK" are imprinted on the pull tab - unless it's covered with something.  Do you know what that means?   I give you a moment to think about it.

Times up!  Did you come up with Yoshida Kogyo Kabushikikaisha.  This company, founded by Tadao Yohsida in 1934, makes 90% of all the zippers in the world.  It's a monopoly, of course, but no one wants it broken up.  They make quality products at a very low price.  

Would you like to own stock in a company worth $5 billion and that has 90% of the business in it's industry?  Too bad!  It's a privately held company.  The Yoshida family still controls almost a third of that.  

Oh, in case you don't read Japanese, those words Kogyo Kabushikikaisha just mean Industries Limited.  If you want to check my spelling, go ahead.