Zaibatsu

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Zaibatsu

Large family-owned conglomerates that controlled much of the economy of Japan prior to World War II.

Zaibatsu

A group of companies owned by the same family that more or less controlled the Japanese economy in the late 19th and early 20th centuries, especially between the two World Wars. Each zaibatsu consisted of a holding company, which entirely owned a bank that financed the zaibatsu's operations. These operations were carried out by subsidiary companies in different industries. For example, a zaibatsu might own a chemical company, a mining company, and a military supply company, which may, in turn, have owned their own subsidiaries for more specialized work. One zaibatsu still in existence (albeit in a much different form) is the Mitsubishi corporation. See also: Keiretsu.

Mentioned in ?

Keiretsu

References in periodicals archive ?

(5) Mitsubishi, Mitsui, Sumitomo, and Yasuda were the most significant corporate groups, known as the four major Zaibatsu of Japan at that time.

ORGANIZATION STRUCTURE AND CORPORATE DEMAND FOR REINSURANCE:THE CASE OF THE JAPANESE KEIRETSU

While such groups (called zaibatsu in Japan) are thought to have provided this coordination successfully in pre-second-world-war Japan after a state-run big push failed, it is still being debated whether such coordination is being successfully provided by pyramidal business groups that are found in developing countries in Asia.

Economic development and business groups in Asia: Japan's experience and implications

Perceived as a threat to the global order, the emergence of communism in Asia after WWII cut short the dismantling of the remaining zaibatsu in Japan.

ROLE MODEL JAPAN

Then the administrative bureaucrats gradually lost their dominance, first with the rise of keiretsu business conglomerates to replace the zaibatsu family businesses dismantled by the Allies after the war, then with a frontal assault on the bureaucratic privileges carried out by political reformers (Samuels 2007).

Continuity and change: evolution, not revolution, in Japan's foreign and security policy under the DPJ

Clearly, industrializing Japan provided a "demonstration effect." The Korean economic structure bears certain similarities with Japan, notably in, for example, the predominance of large conglomerates, with the Korean chaebol modeled on the Japanese zaibatsu, subsequently known as keiretsu.

Nationalism Rises In Northeast Asia

Initially, the GHQ/SCAP tried to diminish the powers of zaibatsu, which was the dominant form of corporate group in Japan at the time and was considered to have facilitated the war by funding and supplying products.

Kigyo no Shakai-Teki Sekinin: challenges for corporate social responsibility in Japan

Japan already occupied Taiwan and the Korean Peninsula even before the Manchuria Incident and its aggressive territorial expansion was a consistent policy of the Japanese government, military and the pre-war "zaibatsu" conglomerates.

Asian editorial excerpts

At the same time, large trading companies, known as zaibatsu, flourished due to the unstable markets and rampant inflation.

Murder, espionage, and baseball: the 1934 all American tour of Japan

SCAP was to democratize, disarm, demilitarize, and implement economic reform (the deconcentration of the Japanese zaibatsu.)

The Afghanistan experience: democratization by force

On the one hand, there are entries for narrative elements from the novels (Panther Moderns, the Aleph, zaibatsu) or concepts relevant for his fiction (apophenia, eversion, desiring machine).

Henthorne, Tom. William Gibson: A Literary Companion

These brief depictions do not approach the level of the "Gulliver's Travails," "Zaibatsu," "Digital Cacophony," and "King Khan" scenarios developed in the Air Force's Alternate Futures for 2025 study of 1996, but they do offer a glimpse of future possibilities that deserve consideration.