(redirected from Mitsui Group)


see zaibatsuzaibatsu
[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.
..... Click the link for more information.



one of Japan’s most powerful financial-industrial monopoly groups.

The Mitsui grew out of the commercial banking house of Mitsui, founded in the 17th century. Playing an important role in the predatory wars of imperialist Japan and reaping enormous profits, the Mitsui by the beginning of the 20th century had become a leader among Japan’s zaibatsu (monopolies). It seized a leading position in finance, trade, maritime transport, mining, textiles, and other industrial sectors in Japan and Korea. During 1938–45 the group expanded into military machine building.

After the smashing of Japanese imperialism in 1945, the Mitsui lost a number of its major firms, which significantly weakened its financial and industrial power. The group is now headed by the Mitsui Bank and by the commercial firm Mitsui Bussan; two presidential assemblies, in which executives of the leading companies of the Mitsui participate, direct the group. The Mitsui family is no longer represented in the group’s governing bodies.

The Mitsui is linked with monopolies in the United States. It leads Japan in the mining of coal; in the production of fertilizers, synthetic fibers, and aluminum; and in the volume of maritime shipments. The Mitsui is also strongly positioned in petrochemicals, metallurgy, shipbuilding, insurance, atomic energy, military production, and other branches of industry.


References in periodicals archive ?
He also held meetings with officials of the Nippon Export and Investment Insurance (NEXI), an administrative agency of the Japanese government, as well as representatives of Mitsubishi Group and Mitsui Group, which have decades-old investments in Jordan's electricity, renewable energy and other sectors, and discussed increasing and expanding their investments and using Jordan as a gateway for Japanese firms in the region.
The Mitsui group directly employs about 400 in Australia, while the Australia-based joint ventures in which Mitsui participates employ more than 20,000 people.
Tenda: The origin of our Mitsui Group Corporation was in 1673 in the Edo Period when our founder, Takatoshi Mitsui, opened the Echigoya clothing shop in Nihonbashi.
Zamil Steel Vietnam was established in 1997 as a joint venture between Zamil Industrial and the Mitsui Group of Japan, with two factories located in the Noi Bai Industrial Zone in Hanoi, Vietnam, and Amata in Dong Nai, Vietnam.
The rest of the ADGAS shares are held by BP, the Mitsui group and Total.
Road Machinery of MITSUI Group is adding value to their customers and support offering through simulator-based machine operator training at its recently inaugurated training center in Saltillo, Coahuila, Mexico.
The Mitsui group has approximately 150 offices around the world, spanning 66 countries.
The LNG project with EWC for the development of the modular LNG plant is designed to link with InterOil's proposed condensate stripping plant (CSP) being pursued in joint venture with Mitsui Group and to accelerate the intended monetization of the Elk and Antelope fields.
21 December 2009 - Japan's Nippon Flour Mills, part of the Mitsui Group, has announced that it intends to increase donut, cake, and bread mixes production by 70% at its Thai subsidiary NPT, by November 2010.
A part of Sumitomo Mitsui Group (SMFG) (TYO: 8316), Sumitomo Mitsui Asset Management (SMAM) is one of the largest asset management companies in Japan with a total of USD110bn in assets under management, as at December 31, 2008 for Japanese institutional and retail clients.
While this is the first successful bid by Atlatec since the acquisition by Mitsui and Toyo (Mitsui and Toyo respectively hold 85% and 15% shares of Atlatec), each service in each stage from project development to business operation for this project will be covered by the Mitsui Group.
said Friday the Mitsui group will buy a 50 percent stake in Texas-based Pogo Producing Co.