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Diatone produced reel to reel tape recorders which were manufactured in Japan. These tape recorders targeted the consumer market. Diatone tape recorders used solid state electronics. The company produced 4 track machines available in 100v Japan voltages.
Why wouldn’t Mitsubishi want to get involved with reel to reel tape recorders back in the 60’s? It seems that every significant Japanese electronics manufacturer saw an opportunity. Mitsubishi did get involved in a variety of different audio pursuits but never very seriously. Diatone which may have only been available in Japan is one of their brands.