Fuyo Group
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Fuyo Group
is a Japanese ''keiretsu'' descended from the Yasuda zaibatsu, Asano zaibatsu and Okura zaibatsu. 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. The modern Fuyo Group was first developed in the early 1960s around Marubeni and Fuji Bank, paralleling the development of the DKB Group and Sanwa Group. Fuji Bank orchestrated the merger of Marubeni with Takashimaya in 1955 in order to create a strong trading company partner for Fuji's customers. Group presidents began meeting regularly in 1964. Unlike the ''keiretsu'' that developed from the Mitsubishi, Mitsui and Sumitomo ''zaibatsu'' remnants, the Fuyo Group was intended to be open to other businesses as well as legacy ''zaibatsu'' businesses. Fuji Bank merged with Dai-Ichi Kangyo Bank and Industrial Bank of Japan in 2000 to form Mizuho Financial Group. Following the merger, the Fuyo Group became centered on Marubeni ...
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Keiretsu
A is a set of companies with interlocking business relationships and shareholdings that dominated the Japanese economy in the second half of the 20th century. In the legal sense, it is a type of business group that is in a loosely organized alliance within Japan's business community. It rose up to replace the ''zaibatsu'' system that was dissolved in the occupation of Japan following the Second World War. Though their influence has shrunk since the late 20th century, they continue to be important forces in Japan's economy in the early 21st century. The members' companies own small portions of the shares in each other's companies, centered on a core bank; this system helps insulate each company from stock market fluctuations and takeover attempts, thus enabling long-term planning in projects. Origins The prototypical ''keiretsu'' appeared during the Japanese economic miracle which followed World War II, amid the dissolution of family-controlled vertical monopolies called ''za ...
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Meiji Yasuda Life Insurance
is a Japanese life insurance company, which is headquartered in Tokyo and created in 2004 from the merger of Meiji Life and Yasuda Life. The company is one of the oldest and largest insurers in Japan. The Meiji Yasuda Life Insurance Company is a member of the Mitsubishi and Fuyo groups and participates in the former's Friday Conference. It is the main sponsor of the J1 League The , the J.League or the for sponsorship reasons, is a professional association football league in Japan and the highest level of the Japanese football league system. Contested by 20 clubs, it operates on a system of promotion and relegation ... since 2015. History In 1881, entrepreneur Zenjiro Yasuda founded the Yasuda Mutual Life Insurance Company, making it part of the Yasuda zaibatsu. On January 1, 2004, Meiji Mutual Life Insurance Company and Yasuda Mutual Life Insurance Company merged to create the Meiji Yasuda Life Insurance Company. References External links * * Insuran ...
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Nichirei
is one of Japan's top producers of frozen foods and a leader in cold storage warehousing, headquartered in Tokyo. Operating through around 80 subsidiaries and affiliates worldwide, its businesses include processed food; logistics; marine products (chiefly roe, shrimp, and octopus); meat and poultry; real estate; and biosciences. The company's bioscience work includes antibody development and manufacturing, immunology products, and natural materials processing. History The company was founded on 24 December 1942, as Teikoku Marine Products Control Company, with capital participation from 18 fisheries and other companies. It was established in accordance with the Fisheries Control Ordinance that was enacted on 19 May 1942, as a central agency to control seafood-related businesses such as sales of marine products, ice production, and refrigerated storage. On 1 December 1945, the day after the control ordinance was abolished (30 November 1945), the company was reorganized as a pri ...
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