Timepieces powered by vibrating quartz crystals rather than the slow unwinding of mechanically-wound mainsprings gave the Japanese dominance in the early 1980's.
Congress even paid little attention to trade deficits that were as large, or larger, than those of the 1980's, when they seemed a symbol of Japanese dominance.
At that time Korehari was the northern limit of the Japanese dominance at the pacific side of the region.
But the Japanese banks by and large have performed more poorly than competitors, and fears of Japanese dominance have subsided.
The disclosure came a day after the United States announced a venture to challenge Japanese dominance.
Despite the new Japanese dominance, seven of the world's fastest computers are installed in the United States.
Greek and Japanese dominance of the global merchant marine may actually be higher than the listed statistics due to the practice of the flag of convenience.
But the danger, he added, is that Japanese dominance in banking would be "another threat to our overall competitiveness and innovative capacity."
Six years ago, the fear was that Japanese dominance would spread to leading-edge technologies.
A large number of Koreans organized themselves in education and reform movements, but Japanese dominance in Korea had become a reality.