Japan

The Mitsui Group keiretsu of course had its origins in the Mitsui zaibatsu, but this archetypical political-financial household did not pass through the transition of Japanese stamp out in World War II with its power and prestige intact. There was considerable loss of power and mold. In feature the Mitsui beach which had in effect been the bank of the Imperial authorities emerged from the transition period as only the eighth largest city bank. In 1990 the Mitsui Bank merged with Taiyo Kobe Bank to raise its pinnacle but the combined banks still did not give Mitsui bout one rank. In 1992, perhaps to avoid having the Mitsui name inclined to a second place bank, Mitsui changed its banks name to Sakura. Sakura Bank is one of the bone marrow enterprises of the Mitsui Group but the leadership of the free radical has been concentrated more in the conclaves shosha, Mitsui Bussan. The other core enterprise is Mitsui Fudosan, the real estate operation. The chairmanship of the management council for the Mitsui Group is held consecutive by the three core enterprises. The Mitsui Group is noted for social prestige of its top leadership and the web of social contacts end-to-end government and business that they maintain, what in China is known as guanxi.

Nevertheless, as a keiretsu Mitsui has no wheres near the prestige, power and influence that was held by the Mitsui zaibatsu. The legacy of the old Mitsui that the Mitsui Group does carry is a concentration on the heavy industries which were the mainstay of industrialization in the Meiji period but are now dinosaurs in the twenty-first century. The companies of the Mitsubishi zaibatsu that formed the Mitsubishi keiretsu were predominantly heavy industrial companies. This gave the Mitsubishi keiretsu a proceeds base that was weighted toward the slow-growing or declining industries. These were also the industries which were energy-intensive. This was a obligation when the price of energy increased substantially in the 1970s. The Mitsubishi group is... If you want to get a full essay, order it on our website: Orderessay

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