Mitsubishi Corporation
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Mitsubishi Corporation
is a Japanese general trading company ( ''sogo shosha'') and a core member of the Mitsubishi Group. For much of the post-war period, Mitsubishi Corporation has been the largest of the five great ''sogo shosha'' (Mitsubishi, Mitsui, Itochu, Sumitomo, Marubeni) by revenue as well as profits. The company was originally spun off from Mitsubishi & Co., Ltd, the holding company of the Mitsubishi Group at the time, in 1918 by Koyata Iwasaki. It was later split into three smaller trading companies by order of the Allied Occupation Forces, as major '' zaibatsu'', including Mitsubishi, were deemed the backbone of Japan's pre-war economy. These companies re-merged in 1954, once again assuming the name Mitsubishi Corporation. Mitsubishi’s operations began shifting away from the mere importing and exporting of goods in the 1960s. Starting with an investment in a liquefied natural gas field in Brunei in 1968, Mitsubishi rapidly moved towards investing directly in projects and compan ...
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Mitsubishi
The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group traces its origins to the Mitsubishi zaibatsu, a unified company that existed from 1870 to 1946. The company, along with other major zaibatsu, was disbanded during the occupation of Japan following World War II by the order of the Allies. Despite the dissolution, the former constituent companies continue to share the Mitsubishi brand and trademark. While the group of companies engages in limited business cooperation, most notably through monthly "Friday Conference" executive meetings, they remain formally independent and are not under common control. The three main entities ('' gosanke'') are Mitsubishi UFJ Financial Group (the largest bank in Japan), Mitsubishi Corporation (a general trading company), and Mitsubishi Heavy Industries (a diversified manufacturing company). A 2020 estimate concluded that all the Mitsubishi compani ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023). Greg Abel now oversees most of the company's investments and has been named as Buffett's successor. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company. The company is often compared to an investment fund; between 1965, when Buffett gained control of the company, and 2023, the company's shareholder returns amounted to a compound annual growth rate (CAGR) of 19.8% compared to a 10.2% CAGR for the S&P 500. However, in the 10 years ending in 2023, Berkshire Hathaway produced a CAGR of 11.8% for shareholders, compared to a 12.0% CAGR for the S&P 500. From 1965 to 20 ...
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Supreme Commander For The Allied Powers
The Supreme Commander for the Allied Powers (), or SCAP, was the title held by General Douglas MacArthur during the United States-led Allied occupation of Japan following World War II. It issued SCAP Directives (alias SCAPIN, SCAP Index Number) to the Japanese government, aiming to suppress its "militaristic nationalism". The position was created at the start of the occupation of Japan on August 14, 1945. It was originally styled the Supreme Commander of the Allied Powers. In Japan, the position was generally referred to as GHQ (General Headquarters), as SCAP also referred to the offices of the occupation (which was officially referred by SCAP itself as ), including a staff of several hundred US civil servants as well as military personnel. Some of these personnel effectively wrote a first draft of the Japanese Constitution, which the National Diet then ratified after a few amendments. Australian, British Empire, and New Zealand forces under SCAP were organized into a sub-comm ...
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Koyata Iwasaki
Baron Koyata Iwasaki was a Japanese industrialist who served as the fourth and last president of the unified Mitsubishi. He was the last person to hold the office before the Allied Occupation Forces ordered the dissolusion of all major ''zaibatsu''. Early life and education Koyata was born in 1879 in Tokyo as the eldest son of Yanosuke Iwasaki, the second president of Mitsubishi, and Sanae Iwasaki, the daughter of Shojiro Goto. He attended the First Higher School, then matriculated at Tokyo Imperial University. He later matriculated at Pembroke College, Cambridge, where he read history, geography, and sociology. He started working for Mitsubishi in 1906. In 1906, he married Takako ( 岩崎孝子), the daughter of Baron Uzuhiko Shimazu. Upon his father's death in 1908, he inherited the barony. As President of Mitsubishi He succeeded his cousin Kyuya as the President of Mitsubishi in 1916, during the First World War. He held the office for 29 years, a period during which ...
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Marubeni
(, OSE: 8002, NSE: 8002) is a '' sōgō shōsha'' (general trading company) headquartered in Otemachi, Chiyoda, Tokyo, Tokyo, Japan. It is one of the largest ''sogo shosha'' and has leading market shares in cereal and paper pulp trading as well as a strong electrical and industrial plant business. Marubeni is a member of the Fuyo keiretsu. History Marubeni was founded in 1858, where the founder Chubei Itoh moved out of the family business and started a linen trading business with his uncle. It was established in 1918 as Itochu Shoten, Ltd. in a spin-off of certain sales divisions of C. Itoh & Co. ( Itochu) into a separate entity. Itochu Shoten merged with Itoh Chobei Shoten in 1921 to form Marubeni Shoten, Ltd. under the leadership of Chobei Itoh IX. Marubeni started out as a textile trading firm and expanded to trade in other consumer and industrial goods during the 1920s. Marubeni was re-combined with Itochu during World War II to form Sanko Kabushiki Kaisha Ltd. (1941–44 ...
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Sumitomo Corporation
is one of the largest worldwide '' sōgō shōsha'' general trading companies, and is a diversified corporation. The company was incorporated in 1919 and is a member company of the Sumitomo Group. It is listed on three Japanese stock exchanges (Tokyo, Nagoya and Fukuoka) and is a constituent of the TOPIX and Nikkei 225 stock indices. Today, the company is one of the top three '' sōgō shōsha'' companies in the world. History The Sumitomo Group, of which Sumitomo Corporation is a key member, dates to the 17th century establishment of a book and medicine shop in Kyoto by Masatomo Sumitomo. Sumitomo's brother-in-law Riemon Soga developed a technology to extract silver from copper, and Soga's son (who married Sumitomo's daughter) Tomomochi Sumitomo expanded this smelting business to Osaka. From this start, the Sumitomo family expanded its business into copper mining (the Besshi copper mine), followed by textiles, sugar and medicine trading. The Sumitomo family was close to th ...
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Itochu
is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo, Aoyama, Minato, Tokyo. It is one of the largest Japanese ''sogo shosha'' (general trading and investment companies) distinguished by the strength of its textile business and its successful business operations in China. Itochu was ranked 72nd on the 2020 list of Fortune Global 500 companies, with an annual trading revenue of US$100 billion. Current business overview Itochu's business has eight major operational divisions, "Division Company". * Textile Company: Itochu trades in raw materials and finished apparel, and also has a brand business. It owns a portfolio of investments and rights in well-known fashion brands including Converse (shoe company), Converse, Hunting World, LeSportsac, Mila Schön and Paul Smith (fashion designer), Paul Smith. In 2018, Itochu acquired the Japanese Master License and exclusive distribution rights for the Laura Ashley plc, Laura Ashley brand. * Machinery Company: ...
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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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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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Trading Company
Trading companies are businesses working with different kinds of products which are sold for consumer, business, or government purposes. Trading companies buy a specialized range of products, maintain a stock or a shop, and deliver products to customers. Different kinds of practical conditions make for many kinds of business. Usually two kinds of businesses are defined in trading. Importers or wholesalers maintain a stock and deliver products to shops or large end customers. They work in a large geographical area, while their customers, the shops, work in smaller areas and often in just a small neighborhood. Today "trading company" mainly refers to global B2B traders, highly specialized in one goods category and with a strong logistic organization. Changes in practical conditions such as faster distribution, computing and modern marketing have led to changes in their business models. The '' Winding-up and Restructuring Act'', an act of the Parliament of Canada The Parliam ...
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Princes Group
Princes Group is an international food and drink group involved in the manufacture, import and distribution of branded and customer own-brand products. Founded in 1880 and headquartered in the UK, and recently acquired by Newlat Food S.p.A. History Princes’ heritage dates back to 1880, when it was established as a fish importing business in Liverpool, the city where its international headquarters are still located today. The firm was founded as a partnership by Briton William Muirhead Simpson (1842–1926) and Canadian Frank Roberts (1853–1938) and initially imported tinned lobster from Canada. It operated as Simpson Roberts, then created brands including Maypole (1891), Mikado (1895) and Princes (1900). By 1915, Simpson Roberts was the world's largest exporter of lobster, handling one third of the world's lobster trade. In 1919, the partnership was incorporated as a limited company. In 1962, it changed its name to Princes Foods. Princes first entered continental Europe in ...
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Lawson (store)
is a convenience store Franchising, franchise chain in Japan. The store originated in the United States in Cuyahoga Falls, Ohio, but exists today as a Japanese company based in Shinagawa, Tokyo. The company has its headquarters in East Tower of Gate City Ohsaki in Ōsaki, Tokyo, Ōsaki, Shinagawa, Tokyo. History Origins in Ohio In 1939, dairy owner James "J.J." Lawson started a store at his Broad Boulevard dairy plant in Cuyahoga Falls, Ohio, to sell his milk. The Lawson's Milk Company grew into a chain of stores, primarily in Ohio. Lawson was bought out by Consolidated Foods in 1959. Lawson's neighborhood convenience stores were common in Ohio from the 1960s through the mid-1980s, selling milk, bread, eggs, orange juice, and specialty items such as deli counter "chipped" style ham and sour cream potato chip dips. Locations also extended into neighboring states such as Pennsylvania, where Lawson's had a presence in the Western Pennsylvania, western portion of the state, includi ...
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