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Encyclopedia > Mitsubishi
Mitsubishi Group
三菱グループ
Type Public, Akimov (traded on the Tokyo Stock Exchange)
Founded May 13, 1870
Headquarters Flag of Japan Tokyo, Japan
Industry Conglomerate

The Mitsubishi Group (三菱グループ Mitsubishi Gurūpu?), Mitsubishi Group of Companies, or Mitsubishi Companies is a Japanese conglomerate consisting of a range of autonomous businesses which share the Mitsubishi brand, trademark and legacy.The Mitsubishi group of companies form a loose entity, the Mitsubishi Keiretsu, which is often referenced in US and Japanese media and official reports; in general these companies all descend from the zaibatsu of the same name. A keiretsu is a common feature of Japanese corporate governance and refers to a collaborative group of integrated companies with extensive share crossholdings, personnel swaps and strategic co-operation. The top 25 companies are also members of the Mitsubishi Kin'yōkai, or "Friday Club", and meet monthly. The Mitsubishi.Com Committee is charged with maintaining the overall integrity of the brand as well as maintaining the portal web site. Image File history File links Question_book-3. ... Nineteen inch (48 cm) CRT computer monitor A computer display, monitor or screen is a computer peripheral device capable of showing still or moving images generated by a computer and processed by a graphics card. ... NEC/Mitsubishi is a manufacturer of computer monitors. ... Mitsubishi Motors Corporation ) is the fifth largest automaker in Japan and the thirteenth largest in the world by unit sales. ... Image File history File links Mitsubishi_logo. ... This article does not cite any references or sources. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ... Image File history File links Flag_of_Japan. ... For other uses, see Tokyo (disambiguation). ... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ... For other uses, see Brand (disambiguation). ... A keiretsu lit. ... Zaibatsu ) is a Japanese term referring to the financial cliques, or business conglomerates, whose influence and size allowed for control over significant parts of the Japanese economy throughout the Edo and Meiji periods. ... A keiretsu lit. ...

Contents

History

The first Mitsubishi company was a shipping firm established by Yataro Iwasaki (1834–1885) in 1870. In 1873, its name was changed to Mitsubishi Shokai (三菱商会). The name Mitsubishi (三菱) has two parts: "mitsu" meaning "three" and "bishi" meaning "water caltrop" (also called "water chestnut"), and hence "rhombus", which is reflected in the company's logo. It is also translated as "three diamonds".[1] Damaged package The Panama canal. ... Yataro Iwasaki (1835 - 1885) was a Japanese financier and shipping industrialist. ... Binomial name Trapa natans L. The water caltrop or water chestnut refers to two species of the genus Trapa - T. natans and T. bicornis. ... Two rhombi. ... For other uses, see Logo (disambiguation). ...


The company bought into coal mining in 1881 by acquiring the Takashima mine, using the produce to fuel their extensive steamship fleet. They also diversified into shipbuilding, banking, insurance, warehousing, and trade. Later diversification carried the organization into such sectors as paper, steel, glass, electrical equipment, aircraft, oil, and real estate. As Mitsubishi built a broadly based conglomerate, it played a central role in the modernization of Japanese industry.[citation needed] Surface coal mining in Wyoming in the United States of America. ... Paddle steamers - Lucerne-Switzerland Left: original paddlewheel from a paddle steamer on the lake of Lucerne. ... For other uses, see Bank (disambiguation). ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. ... For other uses, see Paper (disambiguation). ... For other uses, see Steel (disambiguation). ... This article is about the material. ... Flying machine redirects here. ... Petro redirects here. ... Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. ... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ...


The merchant fleet entered into a period of diversification that would eventually result in the creation of three entities:

The Mitsubishi Bank, Ltd. ... Mitsubishi UFJ Financial Group, Incorporated ) (TYO: 8306 NYSE: MTU ), or MUFG, is one of the worlds largest banks with assets of around USD $1. ... UFJ Holdings (UFJ) is a financial group, the weakest among the four major banking groups in Japan. ... The Mitsubishi Corporation (MC, 三菱商事, Mitsubishi Shōji) (TYO: 8058) is Japans largest trading company (sogo shosha). ... Mitsubishi Heavy Industries, Ltd (MHI) (三菱重工業, Mitsubishi JÅ«kōgyō) TYO: 7011 is a Japanese company. ... Mitsubishi Motors Corporation ) is the fifth largest automaker in Japan and the thirteenth largest in the world by unit sales. ... Car redirects here. ... This article is about applications of nuclear fission reactors as power sources. ... Mitsubishi Chemical Corporation(now part of Mitsubishi Chemical Holdings Corporation) (三菱化学株式会社, Mitsubishi Kagaku, MCC) is a Japanese corporation. ... A chemical substance is any material substance used in or obtained by a process in chemistry: A chemical compound is a substance consisting of two or more chemical elements that are chemically combined in fixed proportions. ...

World War II

The Mitsubishi Zero was a primary Japanese naval fighter in World War II. It was used by Imperial Japanese Navy pilots in the attack on Pearl Harbor and in kamikaze attacks until the end of the war. Allied pilots were astounded by its maneuverability, and it was very successful in combat until the Allies devised tactics to utilize their advantage in firepower and diving speed. Mitsubishi also built the "Raiden", a land-based interceptor. The Mitsubishi A6M Zero (A for fighter, 6th model, M for Mitsubishi) was a lightweight, carrier-based fighter aircraft employed by the Imperial Japanese Navy Air Service from 1940 to 1945. ... Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000... For Combined Fleet, please see that article. ... USS Bunker Hill was hit by Ogawa (see picture left) and another kamikaze near Kyūshū on May 11, 1945. ... This article is about the independent states that comprised the Allies. ... The Mitsubishi J2M Raiden (雷電, Thunderbolt) was a single-engine, land-based fighter aircraft used by the Imperial Japanese Navy in World War II. The Allied codename was Jack. // The J2M was designed by Jiro Horikoshi, creator of the Mitsubishi A6M Zero. It was strictly a local-defense interceptor intended to...


As well as building prominent fighters, Mitsubishi also built many of Japan's most famous bombers of the war, such as the G3M, the G4M, the Ki-21, and the Ki-67. During the 1930s, Mitsubishi had also built the single-engined Ki-35.[2] The Mitsubishi G3M (九六式陸上攻撃機: Type 96 land-based attack aircraft; Allied reporting name Nell) was a Japanese bomber aircraft used during World War II, mostly against the Chinese. ... Mitsubishi G4M The Mitsubishi G4M (一式陸上攻撃機:Type 1 land-based attack aircraft; Allied reporting name Betty) was a twin-engined, land-based bomber aircraft used by the Imperial Japanese Navy in World War II. The bomber is nicknamed the Betty by the American military. ... now. ... The Ki-67. ...


During the Second World War, Mitsubishi manufactured aircraft, including the famous Zero that was used in the attack on Pearl Harbor on December 7, 1941 and many other occasions. Also, like many other large Japanese corporations at that time, it made use of slave labor from U.S. Allied POWs and the Japanese captured territories, like Korea and China. With poor working conditions, many people died during this period. Approximately twenty thousand Korean slave laborers died in the atomic bombings of Hiroshima and Nagasaki by the United States[2].


In a statement, the Mitsubishi Corporation says that forced labor is inconsistent with the company's values, and that the various lawsuits targeting Mitsubishi are misdirected. Instead, a spokesman says the Mitsubishi of World War II is not the same Mitsubishi of today. The conglomerate also rejected a Chinese slave labor lawsuit demand by saying it bore no responsibility since it was national policy to employ Chinese laborers."


New era

Mitsubishi participated in Japan's unprecedented economic growth of the 1950s and 1960s. For example, as Japan modernized its energy and materials industries, the Mitsubishi companies created Mitsubishi Petrochemical, Mitsubishi Atomic Power Industries, Mitsubishi Liquefied Petroleum Gas, and Mitsubishi Petroleum Development.


The traditional Mitsubishi emphasis on technological development was in new ventures in such fields as space development, aviation, ocean development, data communications, computers, and semiconductors. Mitsubishi companies also were active in consumer goods and services.


In 1970, Mitsubishi companies established the Mitsubishi Foundation to commemorate the centennial anniversary of the founding of the first Mitsubishi company. The companies also individually maintain charitable foundations. Mitsubishi pavilions have been highlights of expositions in Japan since the historic EXPO'70 in Osaka in 1970.


As of 2007, Mitsubishi Corporation, a member of the Mitsubishi Group, is Japan's largest general trading company (sogo shosha) with over 200 bases of operations in approximately 80 countries worldwide. Together with its over 500 group companies, Mitsubishi employs a multinational workforce of approximately 54,000 people. Mitsubishi has long been engaged in business with customers around the world in many industries, including energy, metals, machinery, chemicals, food and general merchandise. Sogo shosha ) are general trading companies (GTCs) dealing with a wide range of products and materials. ...


Mitsubishi companies

Core members

These companies are members of the Mitsubishi Kinyokai (or Friday Club), and meet monthly. Asahi Glass Co. ... Th Bank of Tokyo-Mitsubishi UFJ, Ltd. ... Kirin Brewery Company, Ltd. ... Meiji Yasuda Life Insurance Company (明治安田生命保険相互会社; Meiji Yasuda Seimei Hoken Sōgo-kaisha) is a Japanese life insurance company. ... Mitsubishi Agricultural Machinery Co. ... Mitsubishi Aluminum Co. ... Mitsubishi Chemical Corporation (三菱化学株式会社, Mitsubishi Kagaku, MCC) (TYO: 4010) is a Japanese corporation. ... Mitsubishi Chemical Holdings Corporation ((æ ª)三菱ケミカルホールディングス) TYO: 4188 is a Japanese corporation and are Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation holdings company. ... The Mitsubishi Corporation (MC, 三菱商事, Mitsubishi Shōji) (TYO: 8058) is Japans largest trading company (sogo shosha). ... Mitsubishi Electric Corporation ) (TYO: 6503 ) is a Japanese company based in the Tokyo Building in Tokyo, manufactures electric and architectural equipment, as well as a major worldwide producer of photovoltaic panels. ... Mitsubishi Estate Co. ... The Mitsubishi Fuso Truck and Bus Corporation (Japanese: 三菱ふそうトラック・バス株式会社) is a Japanese manufacturer of trucks and buses and is a subsidiary of German car manufacturer Daimler Chrysler. ... Mitsubishi Gas Chemical Company, Inc. ... Mitsubishi Heavy Industries, Ltd (MHI) (三菱重工業, Mitsubishi JÅ«kōgyō) TYO: 7011 is a Japanese company. ... Mitsubishi Motors Corporation ) is the fifth largest automaker in Japan and the thirteenth largest in the world by unit sales. ... Mitsubishi Plastics, Inc. ... Mitsubishi UFJ Trust and Banking Corporation (三菱UFJ信託銀行) is the trust banking arm of the Mitsubishi UFJ Financial Group (MUFG), a Japanese financial services company which is the largest in the world measured by assets. ... Mitsubishi UFJ Financial Group, Incorporated ) (TYO: 8306 NYSE: MTU ), or MUFG, is one of the worlds largest banks with assets of around USD $1. ... For other uses, see Nikon (disambiguation). ... ENEOS The Nippon Oil Corporation (NOC; 新日本石油 Shin Nihon Sekiyu in Japanese) (TYO: 5001) is a Japanese oil company. ... The Japan-based Nippon Yusen Kabushiki Kaisha, Nippon Yusen Kaisha (日本郵船), or NYK Line, is one of the largest shipping companies in the world. ... The Tokio Marine & Nichido Fire Insurance Co. ... The Mitsubishi Kinyokai (the Friday Club) is an informal association composed of the heads of the Mitsubishi group companies that meet for lunch once a month. ...


Related organizations

Atami Yowado is a mitsubishi related organization. ... LEOC JAPAN Co. ... Meiwa Corporation (明和産業株式会社; Meiwa Sangyō Kabushiki Gaisha) TYO: 8103 is a Japanese trading company in Tokyo, related to Mitsubishi group. ... The Mitsubishi Foundation (財団法人三菱財団; Zaidan Hōjin Mitsubishi Zaidan) is a Japanese organization providing grants for academic research. ... The Mitsubishi Kinyokai (the Friday Club) is an informal association composed of the heads of the Mitsubishi group companies that meet for lunch once a month. ... Mitsubishi Motors North America, Inc. ... The Toyo Bunko (東洋文庫), or The Oriental Library, is Japans largest Asian studies library and one of the worlds five largest. ... Campus of Seikei University Seikei University ) is private university in the Kichijōji neighborhood of the city of Musashino, Tokyo, Japan. ...

References

  1. ^ The Mitsubishi Mark
  2. ^ Tachikawa Ki-36

The Tachikawa Ki-36 was an Japanese army-cooperation aircraft of the Second World War. ...

External links

  • Portal website for Mitsubishi companies
  • Mitsubishi Public Affairs Committee

  Results from FactBites:
 
Mitsubishi - Wikipedia, the free encyclopedia (879 words)
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