WRONG prediction - the Japanese didn't take-over America
Bak in the late 80s and early 90s everyone was sure the Japanese would buy-up America and take control of the place. (Just listen to the conversation during the first 15 minutes.)
What this movie and most Americans did not predict was that the Japanese would experience a market crash. By the mid-90s nobody was talking about the "japanese takeover" because they were selling, instead of buying. It kinda makes this movie look jingoistic rather than realistic. In my humble opinion.
Otherwise it's a good story and I enjoyed it in 1993 when I rented the VHS, and I'm enjoying it now on the Antenna TV.