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Fukushima Anniversary

Buffett-style strategy brings Fukushima toolmaker stable growth

Industrial company Tungaloy revamps in decade since leaving Toshiba umbrella

Warren Buffett, center, visiting the Tungaloy headquarters in Fukushima Prefecture, Japan, in November 2011.

TOKYO -- Ten years since the 2011 earthquake and tsunami in northern Japan, Tungaloy, a local carbide tool manufacturer, has taken on the challenge of reorganizing its management, taking inspiration from the investing style of famed American investor Warren Buffett, as the region rebuilt following the disaster.

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