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Mitsui
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. The major companies of the group include Mitsui & Co. ( general trading company), Sumitomo Mitsui Banking Corporation, Nippon Paper Industries, Pokka Sapporo Holdings, Toray Industries, Mitsui Chemicals, Isetan Mitsukoshi Holdings, Sumitomo Mitsui Trust Holdings, Mitsui Engineering & Shipbuilding, Mitsui O.S.K. Lines and Mitsui Fudosan. History Edo period origins Founded by Mitsui Takatoshi (1622–1694), who was the fourth son of a shopkeeperRíkarðsson, Árni (2020). ''Origins of the Zaibatsu conglomerates''. Bachelor's thesis. Supervisor: Kristín Ingvarsdóttir. Re ...
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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 Corporation, Mitsubishi, Itochu, Sumitomo Corporation, Sumitomo, Marubeni) by revenue as well as profits. Mitsui & Co. was established in 1876 by transferring the staff and assets of ''Senshu Gaisha'', a trading company, to the Mitsui Group. It became the largest textile trader in the 19th century, at a time when textiles were the backbone of Economy of Japan, Japan's economy. Around that period, the company expanded into trading raw materials, machinery, and arms, gaining significant influence both economically and politically. Deemed a key component of the pre-war regime in Japan, the company was split up as part of the dissolution of the major Zaibatsu, ''zaibatsu'' in the immediate aftermath of the Second World War. Several trading comp ...
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Mitsui O
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. The major companies of the group include Mitsui & Co. ( general trading company), Sumitomo Mitsui Banking Corporation, Nippon Paper Industries, Pokka Sapporo Holdings, Toray Industries, Mitsui Chemicals, Isetan Mitsukoshi Holdings, Sumitomo Mitsui Trust Holdings, Mitsui Engineering & Shipbuilding, Mitsui O.S.K. Lines and Mitsui Fudosan. History Edo period origins Founded by Mitsui Takatoshi (1622–1694), who was the fourth son of a shopkeeperRíkarðsson, Árni (2020). ''Origins of the Zaibatsu conglomerates''. Bachelor's thesis. Supervisor: Kristín Ingvarsdóttir. Re ...
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Mitsui Fudosan
is a major Japanese real estate developer with properties located globally. Mitsui Fudosan is one of the core companies of Mitsui Group. Corporate structure The company is organized into four divisions. *Office Building Division *Real Estate Solution Services Division *Accommodation Business Division *Retail Properties Division Major projects *In Tokyo, Mitsui undertook a major redevelopment project in the Nihonbashi district, where group founder Takatoshi Mitsui had his kimono shop during the 17th century. Mitsui also developed the "Gran Tokyo North Tower" office building at Tokyo Station. *In New York City, Mitsui's first major project was the 2.3 million square foot Exxon Building (1251 Avenue of the Americas), which it acquired in the 1980s. It subsequently engaged in several other projects in the city together with local partners. It has announced plans to invest up to $1.25 billion in the 51-story 50 Hudson Yards tower as part of the Hudson Yards Redevelopment Proje ...
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Sumitomo Mitsui Trust Holdings
, formerly Chuo Mitsui Trust Holdings, Inc., is a Japanese financial holding company headquartered in Chiyoda, Tokyo. It provides an assortment of financial products to retail and wholesale customers, with a focus on asset management, financial brokerage, and real estate services. Its main operating company is , which is the largest trust company and the fifth-largest bank in Japan measured by assets. The company has no direct capital relationship with the Sumitomo Mitsui Financial Group; the two banking groups are similarly named because both are descended from the historical Sumitomo and Mitsui conglomerates. There is just a weak control relationship between Sumitomo Mitsui Trust Holdings and Sumitomo Mitsui Financial Group. In fact SM Trust Holdings controls about 66% of Japan Trustee Services Bank. As of March 31, 2017, SM Financial Group's website reports that Japan Trustee Services Bank owned 5.50% of Sumitomo Mitsui Financial Group, but also 1.52% from trust locat ...
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Mitsui Engineering & Shipbuilding
() is a Japanese heavy industries company. Despite its name, it no longer builds ships and now focuses mainly on production of high-value ship equipment such as Marine propulsion, engines and automated gantry cranes. Mitsui E&S is the largest supplier of gantry cranes in Japan with a market share of nearly 90 per cent, and its products are used at major ports such as Port of Long Beach, Long Beach, Port of Los Angeles, Los Angeles, Port of Mombasa, Mombasa, Saigon Port, Ho Chi Minh, and Port Klang, Klang. History Mitsui E&S was established in 1917 as the Shipbuilding Division of Mitsui & Co. with the first shipyard at Tamano, Okayama, Tamano. It built the first Japan-built diesel-propelled merchant ship, ''Akagisan Maru'' (:ja:赤城山丸, 赤城山丸) in 1924. With its success, it began manufacturing diesel engines under a license agreement with Burmeister & Wain in Denmark. In 1937, the shipyards became a separate entity within the Mitsui zaibatsu, Tama Shipyard. The com ...
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Mitsui Takatoshi
was the founder of the Mitsui family of merchants and industrialists that later emerged as the Mitsui Group, a powerful Japanese ''zaibatsu'' (business conglomerate). Life Mitsui was born in 1622, in Matsusaka, Ise Province (present-day Matsusaka, Mie Prefecture), the son of merchants Mitsui Takatoshi (三井 高俊) and Shuhō (殊法). He was the youngest of eight siblings; four brothers and four sisters. His grandfather was a samurai and governor of Echigo Province Mitsui Takayasu, who was later exiled to Matsusaka after being defeated by Oda Nobunaga. Mitsui's father Takatoshi abandoned his katana, thus renouncing his status as a samurai, and established himself as a sake Sake, , or saki, also referred to as Japanese rice wine, is an alcoholic beverage of Japanese origin made by fermenting rice that has been polished to remove the bran. Despite the name ''Japanese rice wine'', sake, and indeed any East Asi ... and miso merchant and a pawnbroker. The business ...
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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 ...
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Mitsui Chemicals
is a Japanese chemicals company listed on the Nikkei with business interests in Japan, Europe, China, Southeast Asia and the USA. It is one of the leading chemical companies in Japan and is part of the Mitsui conglomerate. The company mainly deals in performance materials, petrochemicals and basic chemicals and functional polymeric materials. History Mitsui Chemicals of the Mitsui group emerged in 1968 with the merger of Toyo Koatsu and Mitsui Chemical Industry. The former was established in 1933 and was mainly engaged in the manufacture of fertilizers while the latter was founded in 1941 and produced dyes and organic intermediates. The new entity focused in the production of four product lines: fertilizers; basic products (methanol, formaldehyde, phenol, aniline, bisphenol A, TDI, MDI, and melamine); polymers; and, fine chemicals. With the growth of opportunities in India, Mitsui Chemicals has decided to establish its first polypropylene compounding plant in India at 'Japa ...
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Nihonbashi Mitsui Tower
The Nihonbashi Mitsui Tower (日本橋三井タワー) is a skyscraper located in Chūō, Tokyo, Chūō, Tokyo, Japan. The 192-metre, 34-storey building is primarily used for office space with the upper floors occupied by a hotel. Its construction was completed in 2005. It is connected by an underground concourse to the Tokyo Metro Mitsukoshimae Station. History The tower is located next to Mitsui Honkan, the historical headquarters of the Mitsui conglomerate, designed by Trowbridge & Livingston and built in 1929. Mitsui Honkan was designated as an Important Cultural Property (Japan), Important Cultural Property in 1998, and the Mitsui Tower project was subsequently designed and built in a complementary style. This is most visible in the exterior design of the lower levels of the tower. Mitsui Honkan was refurbished alongside the construction of Mitsui Tower, and now houses the Mitsui Memorial Museum in addition to a branch of Sumitomo Mitsui Banking Corporation. The tower site ...
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Toray Industries
is a multinational corporation headquartered in Japan that specializes in industrial products centered on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry. Its founding business areas were fibers and textiles, as well as plastics and chemicals. The company has also diversified into areas such as pharmaceuticals, biotechnology and R&D, medical products, reverse osmosis big membranes, electronics, IT-products, housing and engineering, as well as advanced composite materials. The company is listed on the first section of Tokyo Stock Exchange and is a constituent of the TOPIX 100 and Nikkei 225 stock market indices. History Toray Industries had been originally established as Toyo Rayon in 1926 by Mitsui Bussan, one of the two largest Japanese trading companies (''sogo shosha'') of the time (the other being Mitsubishi Shoji). The fact that Mitsui did not allow the company to be named as a Mitsui company indicates their skepticism of the risk ...
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Sogo Shosha
are Japanese wholesale companies that trade in a wide range of products and materials. In addition to acting as intermediaries, ''sōgō shōsha'' also engage in logistics, plant development and other services, as well as international resource exploration. Unlike trading companies in other countries, which are generally specialized in certain types of products, ''sōgō shōsha'' have extremely diversified business lines, in which respect the business model is unique to Japan. The structure of ''sōgō shōsha'' can give them advantages in international trade. First, they have extensive risk management capabilities in that they trade in many markets, keep balances in many foreign currencies and can generate captive supply and demand for their own operations. They also have large-scale in-house market information systems which give them economies of scale in pursuing new business opportunities. Their vast scale also allows them to provide capital in the form of credit, financing ...
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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 significant parts of the Economy of Japan, Japanese economy from the Meiji period to World War II. A zaibatsu's general structure included a family-owned holding company on top, and a bank which financed the other, mostly industrial subsidiaries within them. Although the zaibatsu played an important role in the Japanese economy beginning in 1868, they especially increased in number and importance following the Russo-Japanese War, World War I, and Japan's subsequent attempt to conquer East Asia and the Pacific Rim during the interwar period and World War II. After World War II, they were dissolved by the Occupation of Japan, Allied occupation forces and succeeded by the ''keiretsu'' (groups of banks, manufacturers, suppliers, and distributors). Equ ...
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