Search results
Results from the WOW.Com Content Network
Marunouchi headquarters for the Mitsubishi zaibatsu, 1920. Zaibatsu (財閥, lit. ' asset clique ') is a Japanese term referring to industrial and financial vertically integrated business conglomerates in the Empire of Japan, whose influence and size allowed control over significant parts of the Japanese economy from the Meiji period to World War II.
During the 1990s, Yasuda Trust & Banking expanded to become the 23rd-largest banking organization in Japan with ca. US$61 billion total assets, [3] but had to cope with mounting bad loans. [4] On 28 January 1999, its financial condition became unsustainable and it was announced that it would be absorbed into Fuji Bank. [ 5 ]
Zaibatsu — Japanese conglomerate companies of the Empire of Japan. All zaibatsu were disestablished the end of WW II in 1945. Some were reformed as keiretsu and/or present day conglomerate companies.
It was the main bank of the Yasuda zaibatsu until World War II, and afterwards of the Fuyo Group. The Fuji Bank combined with Dai-Ichi Kangyo Bank and the Industrial Bank of Japan in 2000 to form Mizuho Financial Group, and changed its name to Mizuho Corporate Bank in 2002 after transferring its retail banking operations to Mizuho Bank.
Fuyo Group (芙蓉グループ, Fuyō Gurūpu) is a Japanese keiretsu descended from the Yasuda zaibatsu, Asano zaibatsu and Okura zaibatsu. [1] They were a major business grouping in Japan up to World War II. In 1948, Yasuda was dismantled, with its key financial arm Yasuda Bank becoming Fuji Bank. [2]
Fujita was founded by Densaburo Fujita, who created a zaibatsu (pre-war conglomerate) by producing military goods during the Satsuma Rebellion and rapidly expanded his business to construction, mining, and other businesses. After World War II, the Allied Occupation authorities broke up the zaibatsu conglomerates.
Yasuda zaibatsu (安田財閥) was a financial conglomerate owned and managed by the Yasuda clan. One of the four major zaibatsu of Imperial Japan, it was founded by the entrepreneur Yasuda Zenjirō .
In the ensuing bank run, 37 banks throughout Japan (including the Bank of Taiwan), and the second-tier zaibatsu Suzuki Shoten, went under. [1] Prime Minister Wakatsuki Reijirō attempted to have an emergency decree issued to allow the Bank of Japan to extend emergency loans to save these banks, but his request was denied by the Privy Council ...