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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.
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Marunouchi headquarters for the Mitsubishi zaibatsu, 1909. 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.
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.
Furukawa Group (古河グループ, Furukawa Gurūpu) formerly Furukawa zaibatsu (古河財閥) is one of Japan's 15 largest industrial groups. Its origins date back to 1875, founder Furukawa Ichibei. This group specialized in mining, electronics, and chemicals industry before World War II. [1]
The Sumitomo Group (Japanese: 住友グループ, Hepburn: Sumitomo Gurūpu) is a Japanese corporate group and keiretsu that traces its roots to the zaibatsu groups that were dissolved after World War II. Unlike the zaibatsu of the pre-war period, there is no controlling company with regulatory power. Instead, the companies in the group hold ...
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.
The zaibatsu had been at the heart of economic and industrial activity within the Empire of Japan since Japanese industrialization accelerated during the Meiji Era. [3] They held great influence over Japanese national and foreign policies which only increased following the Japanese victories in the Russo-Japanese War of 1904–1905 [ 3 ] and ...