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Sumitomo Group
The 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 shares in each other, but they are limited to exchanging information and coordinating plans through regular meetings. History The Sumitomo Group traces its roots to a bookshop in Kyoto founded circa 1615 by Masatomo Sumitomo, a former Buddhist monk. Even today, management of the group is guided by his "Founder's Precepts", written in the 17th century. Copper refining made the company famous. Riemon Soga, Masatomo Sumitomo's brother-in-law, learned Western world, Western methods of copper refining. In 1590, he established a smelting business, ''Izumiya'', literally meaning "Spring_(hydrology), spring shop". Riemon perfected techniques that allowed the extraction of silver from copper ore, something Ja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Crest Igeta
Japanese may refer to: * Something from or related to Japan, an island country in East Asia * Japanese language, spoken mainly in Japan * Japanese people, the ethnic group that identifies with Japan through ancestry or culture ** Japanese diaspora, Japanese emigrants and their descendants around the world * Japanese citizens, nationals of Japan under Japanese nationality law ** Foreign-born Japanese, naturalized citizens of Japan * Japanese writing system, consisting of kanji and kana * Japanese cuisine, the food and food culture of Japan See also * List of Japanese people * * Japonica (other) * Japanese studies , sometimes known as Japanology in Europe, is a sub-field of area studies or East Asian studies involved in social sciences and humanities research on Japan. It incorporates fields such as the study of Japanese language, history, culture, litera ... {{disambiguation Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glass
Glass is an amorphous (non-crystalline solid, non-crystalline) solid. Because it is often transparency and translucency, transparent and chemically inert, glass has found widespread practical, technological, and decorative use in window panes, tableware, and optics. Some common objects made of glass are named after the material, e.g., a Tumbler (glass), "glass" for drinking, "glasses" for vision correction, and a "magnifying glass". Glass is most often formed by rapid cooling (quenching) of the Melting, molten form. Some glasses such as volcanic glass are naturally occurring, and obsidian has been used to make arrowheads and knives since the Stone Age. Archaeological evidence suggests glassmaking dates back to at least 3600 BC in Mesopotamia, Ancient Egypt, Egypt, or Syria. The earliest known glass objects were beads, perhaps created accidentally during metalworking or the production of faience, which is a form of pottery using lead glazes. Due to its ease of formability int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nippon Sheet Glass
is a Japanese glass manufacturing company. In 2006, it acquired Pilkington of the United Kingdom. This makes NSG/Pilkington one of the four largest glass companies in the world alongside another Japanese company Asahi Glass, Saint-Gobain, and Guardian Industries. The company is listed on the Tokyo Stock Exchange. History The company was established in November 1918 as America Japan Sheet Glass Co., Ltd. with its head office in Osaka, after it obtained technology from Libbey Owens Ford Glass Co. of the United States to produce flat glass using the Colburn process. The company changed its name to the Nippon Sheet Glass Co., Ltd. in January 1931. It expanded operations across Japan post World War II, and in October 1970, acquired Nippon Safety Glass Co., Ltd. In April 1999, the company merged with Nippon Glass Fiber Co., Ltd. and Micro Optics Co., Ltd. In April 2001, the company acquired Nippon Muki Co., Ltd. and in July 2004, moved the registered head office from Osaka ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NEC Corporation
is a Japanese multinational information technology and electronics corporation, headquartered at the NEC Supertower in Minato, Tokyo, Japan. It provides IT and network solutions, including cloud computing, artificial intelligence (AI), Internet of Things (IoT) platform, and telecommunications equipment and software to business enterprises, communications services providers and to government agencies. NEC has also been the largest PC vendor in Japan since the 1980s when it launched the PC-8000 series; it currently operates its domestic PC business in a joint venture with Lenovo. NEC was the world's fourth-largest PC manufacturer by 1990. Its semiconductors business unit was the world's largest semiconductor company by annual revenue from 1985 to 1992, the second largest in 1995, one of the top three in 2000, and one of the top 10 in 2006. NEC spun off its semiconductor business to Renesas Electronics and Elpida Memory. Once Japan's major electronics company, NEC has largely ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsui Sumitomo Insurance Group
is a Japanese insurance holding company headquartered in Tokyo, Japan. MSIG was formed in 2001 from the merger of Mitsui Marine & Fire Insurance Co. (itself descended from the Taishō Marine and Fire Insurance Co. founded in 1918) and The Sumitomo Marine & Fire Insurance. In 2010, April Aioi Insurance Co., Ltd., Nissay Dowa General Insurance Co., Ltd., merged into MSIG, making the group's name changed in to MS&AD Insurance Group Holdings, Inc.. According to this business integration, MS&AD has become the largest property insurance Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or bo ... company in Japan, with market share of 33% in 2013. On 8 September 2015, it was announced that Mitsui Sumitomo had agreed to buy the UK insurance firm Amlin for £3.5bn. Group companies Non-life i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automobiles
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, people rather than cargo. There are around one billion cars in use worldwide. The French inventor Nicolas-Joseph Cugnot built the first steam-powered road vehicle in 1769, while the Swiss inventor François Isaac de Rivaz designed and constructed the first internal combustion-powered automobile in 1808. The modern car—a practical, marketable automobile for everyday use—was invented in 1886, when the German inventor Carl Benz patented his Benz Patent-Motorwagen. Commercial cars became widely available during the 20th century. The 1901 Oldsmobile Curved Dash and the 1908 Ford Model T, both American cars, are widely considered the first mass-produced and mass-affordable cars, respectively. Cars were rapidly adopted in the US, where they replac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mazda
is a Japanese Multinational corporation, multinational automotive manufacturer headquartered in Fuchū, Hiroshima (town), Fuchū, Hiroshima Prefecture, Hiroshima, Japan. The company was founded on January 30, 1920, as Toyo Cork Kogyo Co., Ltd., a cork-making factory, by Jujiro Matsuda. The company then acquired Abemaki Tree Cork Company. It changed its name to Toyo Kogyo Co., Ltd. in 1927 and started producing vehicles in 1931. Mazda is known for its innovative technologies, such as the Wankel engine, the SkyActiv platform, and the Kodo Design language. It also has a long history of motorsport involvement, winning the 24 Hours of Le Mans in 1991 with the rotary-powered Mazda 787B. In the past and present, Mazda has been engaged in alliances with other automakers. From 1974 until the late 2000s, Ford Motor Company, Ford was a major shareholder of Mazda. Other partnerships include Toyota, Nissan, Isuzu, Suzuki and Kia. In 2023, it produced 1.1 million vehicles globally. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lozenge (shape)
A lozenge ( ; symbol: ), often referred to as a diamond, is a form of rhombus. The definition of ''lozenge'' is not strictly fixed, and the word is sometimes used simply as a synonym () for ''rhombus''. Most often, though, lozenge refers to a thin rhombus—a rhombus with two acute and two obtuse angles, especially one with acute angles of 45°. The lozenge shape is often used in parquetry (with acute angles that are 360°/''n'' with ''n'' being an integer higher than 4, because they can be used to form a set of tiles of the same shape and size, reusable to cover the plane in various geometric patterns as the result of a tiling process called tessellation in mathematics) and as decorative art, decoration on ceramics (art), ceramics, Silver (household), silverware and textiles. It also features in heraldry and Suit (cards), playing cards. Symbolism The lozenge motif dates from the Neolithic and Paleolithic art, Paleolithic period in Eastern Europe and represents a sown Field (agr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. The exchange is owned by Japan Exchange Group (JPX), a holding company that it also lists (), and operated by Tokyo Stock Exchange, Inc., a wholly owned subsidiary of JPX. JPX was formed from merger of Tokyo Stock Exchange Group, Inc. with Osaka Securities Exchange Co., Ltd. (now Osaka Exchange, Inc.); the merger process began in July 2012, when said merger was approved by the Japan Fair Trade Commission. JPX itself was launched on January 1, 2013. Overview The TSE is incorporated as a (joint-stock company) with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Nihonbashi- Kabutochō, Chūō, Tokyo which is the largest financial district in Japan. The main indices tracking the stock market of TSE are the Nikkei 225 index of companies selected by the '' Nihon Keizai Shimbun'' (Japan's largest business newspaper), the TOPIX index based on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cross Ownership
Cross ownership is a method of reinforcing business relationships by owning stocks in the companies with which a given company does business. Heavy cross ownership is referred to as circular ownership. In the US, "cross ownership" also refers to a type of investment in different mass-media properties in one market. Cross ownership of stock Countries noted to have high levels of cross ownership include: * Japan * Germany Examples of the positives of cross ownership: * Closely ties each business to the economic destiny of its business partners * Promotes a slow rate of economic change Cross ownership of shares is criticized for: * Stagnating the economy * Wasting capital that could be used to improve productivity * Expanding economic downturns by preventing reallocation of capital * Lessening control of shareholders over corporate leadership. A major factor in perpetuating cross-ownership of shares is a high capital gains tax rate. Companies have less incentive to sell cross-o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sumitomo Mitsui Banking Corporation
is a Japanese multinational banking financial services institution owned by the Sumitomo Mitsui Financial Group, which is also known as the SMBC Group. It is headquartered in the same building as SMBC Group in Marunouchi, Chiyoda, Tokyo, Japan. SMBC was established in 2001 through the merger of The Sakura Bank, which originated from the Mitsui zaibatsu and was founded as Mitsui Bank in 1876, and The Sumitomo Bank, which originated from the Sumitomo zaibatsu and was founded in 1895. Digital banking IC cash card An IC cash card is a single cash card that can be used with three method of identification: biometric authentication, IC chip or magnetic stripe, by setting the limit and registering biometric information (finger vein pattern). With this cash card, the security of usage improved since transactions relies on IC chip recording data and the pattern of past transactions that combined IC chip recording data and biometric authentication. As of 2017, SMBC issued IC cash ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
