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keiretsu

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.20 sec.
keiretsu: see zaibatsu zaibatsu (zī`bäts) [Jap.
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In Japan, a strong alliance of related organizations that shares knowledge and cooperates to control its sector of the business, including the supply chain and distribution. Meaning "series," the "horizontal" Keiretsu are six major banks, such as the Mitsui Group and Sumitomo Group. "Vertical" Keiretsu are industry consortia, such as the Toyota Group, Honda Group, Hitachi and Toshiba. The Japanese government is involved and supportive. See interfirm network.



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employees, their corporate shareholders, keiretsu suppliers).
Dilts started Maverick in March after having spent five years with the Keiretsu Forum, which distributed $53 million to more than 75 firms, mainly from the high-tech sector.
Many people concluded that the keiretsu structure of the Japanese supply model was one of their primary competitive advantages vs.
 
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