Search results
Results from the WOW.Com Content Network
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.
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 ...
The word originates from the Sino-Japanese term zaibatsu (財閥), where 財 means 'wealth' and 閥 means 'clan'. [9] The Japanese zaibatsu dominated their economy from 1868 until they were dissolved under the American Occupation of Japan in 1945. The rise and proliferation of the Korean chaebol resembles the Japanese zaibatsu at their peak.
Asano zaibatsu 浅野財閥, one of the major second-tier zaibatsu (conglomerates) in Japan, was founded in 1887 by Asano Sōichirō 浅野総一郎 with support from Shibusawa Eiichi 渋沢栄一, the founder of the Shibusawa zaibatsu 渋沢財閥 and "father of Japanese capitalism".
After World War II, the zaibatsu was disbanded, and reformed into Nichiyo-kai, otherwise known as Nissan Group. Although the Nissan name was primarily known for its car manufacturing outside Japan, Nissan Motor was a comparatively small side business compared to its core real estate business until the real estate crash of the early 1990s (see ...
After the Second World War, under the Allied Occupation's policy to dissolve zaibatsu, the Mitsubishi conglomerate underwent significant restructuring. Until the Cold War made the Eastern Bloc more menacing than the possible revival of a strong Japan and Germany , the occupation forces’ initial aim, just like in Germany, was to weaken the ...
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. ... Yet the conglomerate mystique carried on for decades, ...
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.