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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.
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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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References in periodicals archive ?
On August 15, the foreign ministry in a statement said the country was following "closely the situation in Egypt," urged "maximum restraint" and "dialogue" to "restore order and social stability." Unofficially, Wang Jilie, an academic with the Chinese Academy of Social Sciences, a State Council affiliated think tank, said that the Egyptian military "had no choice" but to "control the situation," otherwise "the credibility of the interim government and the military would be undermined." In 2011, Sino-Egyptian trade rose to US$8.8 billion, a 30 percent increase from 2010, according to Xinhua.
For thousands of years they fled from the north to the south of the Yangtze River, from east to west of Dongting Lake, and then along the Yuan River to the barren land of its upper reach, and finally settled where they are today" ("Cizu yu wozu jiaoshe zui gu, zi huangdi qi yu shun, wei jilie zhi jingzheng, jing ren zhi zhi.....dang qi sheng shi, you jueshi weiren chiyou wei zhi qiushuai, she jiang yu he, fa wo yan huang, huazu zhi bu zhan ru lu.