, formerly Nissan

zaibatsu is a Japanese language, Japanese term referring to industrial and financial vertical integration, vertically integrated business conglomerate (company), conglomerates in the Empire of Japan, whose influence and size allowed control over signifi ...

, was a group of companies and Japan's most powerful business groupings. Founded in 1928 by Yoshisuke Aikawa, the group was originally a holding company created as an offshoot of ''Kuhara Mining Co.'' (became Nippon Mining & Metals Company; currently part of JXTG Holdings), which Aikawa had taken over as president of from his brother-in-law, Fusanosuke Kuhara. After the bankruptcy of the ''Kuhara

'' following

World War I World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting to ...

, Aikawa reorganized its assets into Japan Industries or , Nissan for short. The group's core business was real estate and insurance with hundreds of member companies, including fisheries, mining companies, and was affiliated with

Hitachi () is a Japanese Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1910 and headquartered in Chiyoda, Tokyo. The company is active in various industries, including digital systems, power and renewable ener ...

, as well as what Nissan is now known for—its automobile business. After

World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

, 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 Japanese asset price bubble). Like the similar subprime crisis, the crash dealt a devastating blow to the Nissan Group by leaving it with several hundred billions of dollars of debt. The Nissan Group has long since shed the majority of its real estate assets (which were sold to

Mitsui & Co is a Japanese general trading company (Sogo shosha, ''sogo shosha'') and a core member of the Mitsui, Mitsui Group. For much of the post-war period, Mitsui & Co. has been among the largest of the five great ''sogo shosha'' (Mitsui, Mitsubishi Co ...

and still operates as the Bussan Real Estate Company), and has focused on manufacturing and insurance. Nissan Motor was given more independence as French automotive manufacturer

Renault Renault S.A., commonly referred to as Groupe Renault ( , , , also known as the Renault Group in English), is a French Multinational corporation, multinational Automotive industry, automobile manufacturer established in 1899. The company curr ...

bought a 38.8% stake in the company for $5.4 billion in 1999 and appointed Carlos Ghosn as CEO of the new Renault–Nissan Alliance. Nissan Motor's successful turnaround was attributed to CEO Ghosn's ability to detach it from its keiretsu connections and eliminate 23,000 jobs from the Japanese workforce.

Brands

File:Infiniti logo 2023.svg File:Nissan 2020 logo.svg

Companies

* Nissan group ** 日産自動車 Nissan Motor ** 日産化学工業 Nissan Chemical Corporation ** 日産証券 Nissan Securities ** 日産農林 NNK ** Kinugawa Rubber Industrial Company ** Kayaba Industry *

** INES Corporation ** Hitachi Maxell ** Nisseicom Limited ** 日立キャピタル株式会社 Hitachi Capital ** 日立金属 Hitachi Metals ** Hitachi Cable ** 日立化成工業株式会社 Hitachi Chemical *** 新神戸電機株式会社 Shin-Kobe Electric Machinery Company ** 株式会社ニチレイ Nichirei Corporation ** Hitachi Zosen Corporation ** 日立建機株式会社 Hitachi Construction Machinery *** TCM株式会社 TCM Corp ** Nippon Suisan Kaisha ** 日油株式会社 NOF Corporation *** ニッサン石鹸株式会社 Nissan Soap Company *** 昭和炭酸株式会社 Showa Tansan Company, Limited ** りんかい日産建設 Rinkai Nissan Construction * JXTG Group ** JXTGホールディングス株式会社 JXTG Holdings Incorporated *** JXTG Nippon Oil & Energy *** JX金属株式会社 JX Nippon Mining & Metals Company * Sompo Holdings (formerly Yasuda Fire & Marine Insurance Company) ** Sompo Japan Nipponkoa Insurance *** 日産センチュリー証券

Nissan Century Security Company, Limited is a Japanese multinational automobile manufacturer headquartered in Yokohama, Kanagawa, Japan. The company sells its vehicles under the ''Nissan'' and '' Infiniti'' brands, and formerly the ''Datsun'' brand, with in-house performance tuning ...

*** 兼松日産農林株式会社 Kanematsu-NNK Corporation

Former members

* Victor Company of Japan or JVC, sold to

Panasonic is a Japanese multinational electronics manufacturer, headquartered in Kadoma, Osaka, Kadoma, Japan. It was founded in 1918 as in Fukushima-ku, Osaka, Fukushima by Kōnosuke Matsushita. The company was incorporated in 1935 and renamed and c ...

in 1953, spun-off as an independent; merged into Kenwood Corporation to create JVCKenwood Corp. * Nippon Columbia — founded in 1910 and divested from Nissan Group in 2002 *

Denon is a Japanese electronics company dealing with audio equipment. The Denon brand came from a merger of Denki Onkyo (not to be confused with the other Onkyo) and others in 1939. It originally started as Nippon Chikuonki Shoukai in 1910 by Freder ...

— founded 1910 and merged with Marantz Japan Incorporated in 2002 to form D&M Holdings * Nissan Mutual Life Insurance — founded in 1909 and bankrupt in 1997 * Nitto Denko — founded 1918 * Nissan Diesel — sold to

Volvo The Volvo Group (; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of truck ...

in 2010 then sold to

Isuzu , commonly known as Isuzu (, ), is a Japanese multinational automobile manufacturer headquartered in Yokohama, Kanagawa Prefecture. Its principal activity is the production, marketing and sale of Isuzu commercial vehicles and diesel engines ...

since 2021 * Nissan Marine (Merged into Tohatsu in 2014) * Nissan Outboard Motors (Merged into Tohatsu in 2014)

References

{{Authority control Nissan Conglomerate companies based in Tokyo Keiretsu Zaibatsu Conglomerate companies established in 1928 Japanese companies established in 1928 Financial services companies established in 1928 Real estate companies established in 1928

Brands

Companies

Former members

See also

References