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zaibatsu

A Dictionary of World History | 2000 | © A Dictionary of World History 2000, originally published by Oxford University Press 2000. (Hide copyright information) Copyright

zaibatsu Japanese business conglomerates. The zaibatsu (literally ‘financial clique’) were large business concerns, with ownership concentrated in the hands of a single family, which grew up in the industrialization of late 19th-century Japan. They had their origins in the activities of the seisho (‘political merchants’), who made their fortunes by exploiting business links with the newly restored Meiji government. The five major zaibatsu (Mitsubishi, Mitsui, Okura, Sumitomo, Yasuda) controlled much of Japanese industry and trade up to World War II. In 1948 a decree limited the influence of the traditional zaibatsu families, and prevented members of these families from continuing to hold official positions in zaibatsu companies. The influence of the zaibatsu therefore declined. They are now more usually known in Japan as keiretsu.

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Related newspaper, magazine, and trade journal articles from HighBeam Research

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Le Groupe Mitsubishi (1870-1990): Du Zaibatsu Au Keiretsu
Magazine article from: Business History Review; 10/1/1997; ; 700+ words ; ...Groupe Mitsubishi (1870-1990): Du Zaibatsu Au Keiretsu. By Claude Hamon Paris...follows the development of the Mitsubishi zaibatsu from its formation through the Second...faceted consideration of the postwar zaibatsu dissolution and the subsequent revival...
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Newspaper article from: Chicago Sun-Times; 11/12/2004; ; 529 words ; The Internet zaibatsu lives. Sorta. Parlano, the Chicago group-communications software...collection of start-ups and portfolio companies in a group modeled after a zaibatsu, a now-banned Japanese business model that uses each members' products...
Failures of intermediate forms: a study of the Suzuki 'Zaibatsu.'
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Magazine article from: American Banker; 6/12/1991; ; 700+ words ; ...the American versions of the Japanese zaibatsu. In Japan, these industrial and financial...since World War II. The new American zaibatsu will be striving for market share against...financial sectors -- to create American zaibatsu that would emulate, and defeat, the...
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Magazine article from: Business History Review; 7/1/1997; ; 700+ words ; ...economic development was the appearance of zaibatsu, i.e., conglomerates with the following...and nation-wide eminence. These zaibatsu tended to have close connections with...three examples, using the bestknown zaibatsu: Mitsui, Mitsubishi, and Sumitomo...

Related entries from encyclopedias, dictionaries, and thesauruses

zaibatsu
Book article from: The Columbia Encyclopedia, Sixth Edition zaibatsu [Jap.,=money clique], the great...combines of modern Japan. The leading zaibatsu (called keiretsu after World War II...under the shogunate, most of the other zaibatsu developed after the Meiji restoration...
Sumitomo Life Insurance Company
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The Yasuda Trust and Banking Company, Limited
Book article from: International Directory of Company Histories ...management and industrial financing. Zaibatsu Period, 1923-1945 Yasuda was once...most powerful industrial groups, called zaibatsu , in Japan. The Yasuda group was built...from Kyosai to Yasuda. Unlike other zaibatsu , which diversified into manufacturing...
The Yasuda Mutual Life Insurance Company
Book article from: International Directory of Company Histories ...closely tied to the founding of the Yasuda zaibatsu , the financial conglomerate owned and...Fuji Bank, the center of the Yasuda zaibatsu . Unlike the other heads of large families...Company. Along with the rest of the zaibatsu concerns, the company prospered. In...
The Sumitomo Bank, Limited
Book article from: International Directory of Company Histories ...Japan ’ s largest and oldest zaibatsu conglomerates, The Sumitomo Bank, Limited...for the now-independent but former zaibatsu members of the Sumitomo group and has...a closely knit conglomerate called a zaibatsu (literally, a “ money clique...

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