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... factories were directly seized and confiscated by U.S. forces. Among the 300 Japanese military enterprises Hardy’s group acquired were several automotive plants, all of which were now under his control.

Upon learning this, Toyoda became anxious. He was well aware of the advanced state of the American automotive industry, and Japan’s current industry was no match. If American conglomerates were to reopen these factories in Japan, Toyota would be crushed.

Mr. Hardy had mentioned be ...

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