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keiretsu
(redirected from Keiretsu system)

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keiretsu: see zaibatsu zaibatsu [Jap.,=money clique], the great family-controlled banking and industrial combines of modern Japan. The leading zaibatsu (called keiretsu after World War II) are Mitsui, Mitsubishi, Dai Ichi Kangyo, Sumitomo, Sanwa, and Fuyo.
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Keiretsu
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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Further, given that the keiretsu system is a key distinguishing feature of the Japanese industrial system, we also investigate the differences between keiretsu and non-keiretsu firms in how they responded to these two forces.
Financial and product market integration: responses of Japanese firms by Yoshikawa, Toru; Rasheed, Abdul A.; Datta, Deepak K.; Rosenstein, Joseph / Management International Review
While the pyramidal tier structure has long dominated the relationship between carmakers and parts suppliers throughout the world, the keiretsu system kept Japanese suppliers especially bound to OEMs because of cross shareholdings.
Beyond the keiretsu by Okamura, Akio / Automotive Design & Production
The relationship web The keiretsu system (wherein large Japanese companies own a percentage of their top suppliers) has been used for many years in Japan.
Third-party tango: how to kick the keiretsu habit and hone in on ... by Presley, Peter / Japan Inc.
 
 
 
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