(redirected from Mitsui Zaibatsu)


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 ?
For example, see the structure of the Mitsui zaibatsu in 1914 (see Morck and Nakamura 2007).
The growth of the Mitsui zaibatsu seems consistent with a privately orchestrated big push enabled by the increasingly active public equity markets.
Nishikawa was referring to the two major commercial banks' decision to merge by April 2002, despite their being the core banks in competing corporate groupings that emerged from the prewar Sumitomo and Mitsui zaibatsu conglomerates.
Goto was blocked by politicians who were associated with the Mitsui zaibatsu (Kobe Steel 1954).