For the unrelated pen company also known as Mitsubishi Pencil, see Uni-ball.
Native name |
三菱グループ |
---|---|
Formerly |
List
|
Type | Private conglomerate |
Industry |
|
Founded | 1870; 153 years ago[1] |
Founder | Yatarō Iwasaki |
Headquarters |
Tokyo , Japan |
Area served |
Worldwide |
Products |
List
|
Services |
List
|
Subsidiaries |
List
|
Website | mitsubishi.com |
The Mitsubishi Group (三菱グループ, Mitsubishi Gurūpu, informally known as the Mitsubishi Keiretsu) is a group of autonomous Japanese multinational companies in a variety of industries.
Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1946. The company was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand and trademark. Although the group of companies participate in limited business cooperation, most famously through monthly «Friday Conference» executive meetings, they are formally independent and are not under common control. The four main companies in the group are MUFG Bank (the largest bank in Japan), Mitsubishi Corporation (a general trading company), Mitsubishi Electric and Mitsubishi Heavy Industries (both diversified manufacturing companies).
History[edit]
The Mitsubishi company was established as a shipping firm by Iwasaki Yatarō (1834–1885) in 1870 under the name «Tsukumo Shokai» (九十九商会).[3] In 1873, its name was changed to Mitsubishi Shokai; Mitsubishi (三菱) consists of two parts: «mitsu» (三) meaning «three» (as in the three oak leaves from the crest of the Yamauchi or Tosa family that ruled over Yatarō’s birthplace and employed him) and «hishi» (菱, which becomes «bishi» under rendaku) meaning «water caltrop», and hence «rhombus», which is reflected in the company’s logo. It is also translated as «three diamonds».[4]
Mitsubishi was established in 1870, two years after the Meiji Restoration, with shipping as its core business. Its diversification was mostly into related fields. It entered into coal-mining to gain the coal needed for ships, bought a shipbuilding yard from the government to repair the ships it used, founded an iron mill to supply iron to the shipbuilding yard, started a marine insurance business to cater for its shipping business, and so forth. Later, the managerial resources and technological capabilities acquired through the operation of shipbuilding were used to expand the business further into the manufacture of aircraft and equipment. The experience of overseas shipping led the firm to enter into a trading business.[5]
In 1881, the company bought into coal mining by acquiring the Takashima Mine, followed by Hashima Island in 1890, using the production 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.[6]
In February 1921, the Mitsubishi Internal Combustion Engine Manufacturing Company in Nagoya invited British Sopwith Camel designer Herbert Smith, along with several other former Sopwith engineers to assist in creating an aircraft manufacturing division. After moving to Japan, they designed the Mitsubishi 1MT, Mitsubishi B1M, Mitsubishi 1MF, and Mitsubishi 2MR.
The merchant fleet entered into a period of diversification that would eventually result in the creation of three entities:
- Mitsubishi Bank (now a part of the Mitsubishi UFJ Financial Group) was founded in 1919. After its mergers with the Bank of Tokyo in 1996, and UFJ Holdings in 2004, this became Japan’s largest bank.
- Mitsubishi Corporation, founded in 1950, Japan’s largest general trading company
- Mitsubishi Heavy Industries, which includes these industrial companies:
- Mitsubishi Motors, the sixth-largest Japan-based car manufacturer.
- Mitsubishi Atomic Industry, a nuclear power company.
- Mitsubishi Chemical, the largest Japan-based chemicals company
- Mitsubishi Power, the energy systems division
- Nikon Corporation, specializing in optics and imaging.
The firm’s prime real estate holdings in the Marunouchi district of Tokyo, acquired in 1890, were spun off in 1937 to form Mitsubishi Estate, now one of the largest real estate development companies in Japan.[7]
World War II[edit]
Mitsubishi A6M «Zero» fighter
During World War II, Mitsubishi manufactured military aircraft under the direction of Dr. Jiro Horikoshi. The Mitsubishi A6M Zero was a primary naval fighter of the Japanese military. It was used by Imperial Japanese Navy pilots throughout the war, including in kamikaze attacks during the later stages. Allied pilots were astounded by its maneuverability, and it was very successful in combat until the Allies devised tactics to use their advantage in armor and diving speed.[8][9][10][11][12][13][14][15][16]
Mitsubishi made use of forced labor during this tenure. Laborers included Allied prisoner of war, as well as Chinese and Korean citizens. In the post-war period, lawsuits and demands for compensations were presented against the Mitsubishi Corporation, in particular by former Chinese workers. On July 24, 2015, the company agreed to formally apologize for this wartime labor, and compensated 3,765 Chinese laborers who were conscripted to Mitsubishi Mining during the war.[17] On July 19, 2015, the company apologized for using American prisoners of war as forced laborers during World War II, making them the first major Japanese company to apologize for doing so.[18]
Mitsubishi was involved in the opium trade in China during this period.[19]
Post-war era[edit]
Mitsubishi was among a number of major Japanese conglomerates targeted for dissolution during the occupation of Japan. It was broken up into a large number of smaller enterprises whose stock was offered to the public. For several years, these companies were banned from coordinating with each other and from using the Mitsubishi name and trademarks. These restrictions were lifted in 1952, as the Korean War generated a need for a stronger industrial base in Japan. Mitsubishi Corporation and Mitsubishi Heavy Industries, which had themselves been broken up into many smaller entities, again coalesced by the mid-1950s.[20]
Mitsubishi companies 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 EXPO’70 in Osaka in the 1970s to 1980s.
Mitsubishi, along with other manufacturers, was affected by the Kobe Steel scandal in 2017, which involved falsified data for products supplied to the aerospace, car and electric power industries.
On November 28, 2018, the South Korea Supreme Court ordered Mitsubishi Heavy Industries, which serves as one of Mitsubishi’s core companies, to pay 10 Koreans 150m won ($133,000; £104,000) in compensation for forced labor which it oversaw during the Japanese occupation of Korea.[21][22] 18 family members of other victims of the forced labour which Mitsubishi Heavy Industries oversaw and who sued sometime before 2008 will also be awarded compensation as well.[22] All 28 plaintiffs had previously filed a lawsuit in Japan, but had their lawsuit dismissed by the Supreme Court of Japan in 2008.[22] The Japanese Government has responded to the court’s decision that it is a breach of the international law, citing the Treaty on Basic Relations between Japan and the Republic of Korea.
Mitsubishi companies[edit]
Business form[edit]
Mitsubishi EDM/Laser office in North America
The Mitsubishi Group is made up of about 40 individual companies without a controlling parent company. Each of the Mitsubishi companies owns substantial (but usually not controlling) portions of the shares of the others.
Twenty-nine of the group companies participate in the Friday Conference (金曜会, Kinyō-kai), a luncheon meeting of their most senior executives held on the second Friday of each month. The group began its tradition of monthly executive meetings in 1952, and over time the meetings became a venue for coordinating policy between the group companies. However, by the 1990s, this practice was criticized (particularly by non-Japanese investors) as a possible violation of antitrust law. Since 1993, the Friday Conference has officially been held as a social function, and not for the purpose of discussing or coordinating business strategy. Despite this, the Friday Conference has been a venue for informal cooperation and coordination between the group companies, most notably in bailing out Mitsubishi Motors during the mid 2000s.[23]
In addition to the Friday Conference, the group companies’ heads of general affairs hold a meeting on the third Monday of each month, and the group companies’ legal and IP departments hold a trademark policy coordination meeting on the first Friday of each month.[23]
The company briefly dabbled in the early 1990s, when it inked a deal with Westinghouse Broadcasting International to become the Japanese sales representative.[24]
Core members[edit]
Three of the group companies are informally known as the «Three Great Houses» (御三家, Gosanke) and hold a separate coordinating meeting prior to each Friday Conference:[23]
- Mitsubishi UFJ Financial Group
- Mitsubishi Corporation
- Mitsubishi Heavy Industries
Ten other «major» group companies participate in the coordinating meeting on a rotating basis (with six of the ten companies participating in any given month):[23]
- AGC Inc.
- Kirin Company
- Meiji Yasuda Life
- Mitsubishi Chemical Holdings
- Mitsubishi Electric
- Mitsubishi Estate
- Mitsubishi Materials
- Mitsubishi UFJ Trust and Banking Corporation
- NYK Line (Nippon Yusen Kabushiki Kaisha)
- Tokio Marine Nichido
Other members[edit]
- Eneos Holdings
- Mitsubishi Fuso Truck and Bus Corporation
- Mitsubishi Logistics
- Mitsubishi Motors
- Mitsubishi Paper Mills
- Mitsubishi Plastics
- Mitsubishi Rayon
- Mitsubishi Research Institute
- Mitsubishi Shindoh
- Mitsubishi Steel Manufacturing
-
- MSSC
- Mitsubishi UFJ Securities
- Nikon
- P.S. Mitsubishi Construction
[edit]
- Atami Yowado
- Chitose Kosan
- Dai Nippon Toryo
- The Dia Foundation for Research on Ageing Societies
- Diamond Family Club
- Kaitokaku
- Koiwai Noboku Kaisha
- LEOC Japan
- Marunouchi Yorozu
- Meiwa Corp.
- Mitsubishi Agricultural Machinery
- Mitsubishi C&C Research Association
- Mitsubishi Club
- Mitsubishi Corporate Name and Trademark Committee
- Mitsubishi Economic Research Institute
- Mitsubishi Electric Automation
- Mitsubishi Foundation
- Mitsubishi Kinyokai
- Mitsubishi Marketing Association
- Mitsubishi Motors North America
- Mitsubishi Public Affairs Committee
- The Mitsubishi Yowakai Foundation
- MT Insurance Service
- Nippon TCS Solution Center
- Seikadō Bunko Art Museum
- Shonan Country Club
- Sotsu Corporation
- Tōyō Bunko
- Seikei University
- All Mitsubishi Lions
Former members[edit]
- Nippon Crown (sold to Daiichi Kosho Company in 2001)
See also[edit]
- Anti-Japanese sentiment in Korea
- List of aircraft by Mitsubishi
- Mitsubishi Pencil Company (not a part of the Mitsubishi keiretsu)
References[edit]
- ^ a b Origin on Mitsubishi.com website
- ^ Overview of Mitsubishi Group
- ^ «Origin». Mitsubishi.com. Retrieved 29 May 2021.
- ^ «Mitsubishi Mark». www.mitsubishi.com. Retrieved 14 May 2021.
- ^ Odagiri, Hiroyuki (1996). Technology and Industrial Development in Japan. Oxford University Press. p. 76. ISBN 0-19-828802-6.
- ^ «The History of Mitsubishi Group». GearHeads. 19 May 2012. Archived from the original on 2 May 2015. Retrieved 25 October 2012.
- ^ «History». Mitsubishi Estate Co., Ltd. Retrieved 7 September 2015.
- ^ Wilcox, Richard (9 November 1942). «The Zero». Life Magazine.
- ^ Jablonski, Edward. Airwar. New York: Doubleday & Co., 1979. ISBN 0-385-14279-X.
- ^ Green and Swanborough 2001
- ^ Hawks, Chuck. «The Best Fighter Planes of World War II». chuckhawks.com. Retrieved: 30 July 2015.
- ^ Young, Edward M. (2013). F4F Wildcat vs A6M Zero-sen. Osprey Publishing. p. 36. ISBN 9781780963228.
- ^ Thompson with Smith 2008, p. 231.
- ^ Mersky, Peter B. (Cmdr. USNR). «Time of the Aces: Marine Pilots in the Solomons, 1942–1944.» ibiblio.org. Retrieved: 30 July 2015.
- ^ Angelucci and Matricardi 1978, p. 138.
- ^ Willmott 1980, pp. 40–41.
- ^ «Mitsubishi to compensate forced Chinese labourers in WWII — timesofindia-economictimes». Archived from the original on 2016-03-05. Retrieved 2018-12-02.
- ^ «Mitsubishi Materials apologizes for using U.S. POWs as slave labor». Reuters. 20 July 2015. Retrieved 19 July 2015.
{{cite web}}
: CS1 maint: url-status (link) - ^ Hastings, Max (2007). Retribution: The Battle for Japan, 1944–45. New York: Vintage. p. 413. ISBN 978-0-3072-7536-3.
- ^ Morris-Suzuki, Tessa, ed. (1989). Japanese Capitalism Since 1945: Critical Perspectives. p. 109. ISBN 9780873325516.
- ^ Denyer, Simon. «New South Korean court ruling angers Japan, deepening crisis between America’s closest Pacific allies». The Washington Post.
- ^ a b c «Mitsubishi payout ordered over WW2 labour». BBC News. 29 November 2018.
- ^ a b c d «三菱グループの最高決定機関「金曜会」の知られざる権力構造と裏序列». Shukan Diamond. 25 January 2016. Retrieved 28 April 2016.
- ^ Amdur, Meredith (1992-02-17). «Dealing in Monte Carlo» (PDF). Broadcasting. Archived (PDF) from the original on 2021-10-27. Retrieved 2021-10-27.
External links[edit]
Wikimedia Commons has media related to Mitsubishi.
- Official website
- Mitsubishi Group companies grouped at OpenCorporates
For the unrelated pen company also known as Mitsubishi Pencil, see Uni-ball.
Native name |
三菱グループ |
---|---|
Formerly |
List
|
Type | Private conglomerate |
Industry |
|
Founded | 1870; 153 years ago[1] |
Founder | Yatarō Iwasaki |
Headquarters |
Tokyo , Japan |
Area served |
Worldwide |
Products |
List
|
Services |
List
|
Subsidiaries |
List
|
Website | mitsubishi.com |
The Mitsubishi Group (三菱グループ, Mitsubishi Gurūpu, informally known as the Mitsubishi Keiretsu) is a group of autonomous Japanese multinational companies in a variety of industries.
Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1946. The company was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand and trademark. Although the group of companies participate in limited business cooperation, most famously through monthly «Friday Conference» executive meetings, they are formally independent and are not under common control. The four main companies in the group are MUFG Bank (the largest bank in Japan), Mitsubishi Corporation (a general trading company), Mitsubishi Electric and Mitsubishi Heavy Industries (both diversified manufacturing companies).
History[edit]
The Mitsubishi company was established as a shipping firm by Iwasaki Yatarō (1834–1885) in 1870 under the name «Tsukumo Shokai» (九十九商会).[3] In 1873, its name was changed to Mitsubishi Shokai; Mitsubishi (三菱) consists of two parts: «mitsu» (三) meaning «three» (as in the three oak leaves from the crest of the Yamauchi or Tosa family that ruled over Yatarō’s birthplace and employed him) and «hishi» (菱, which becomes «bishi» under rendaku) meaning «water caltrop», and hence «rhombus», which is reflected in the company’s logo. It is also translated as «three diamonds».[4]
Mitsubishi was established in 1870, two years after the Meiji Restoration, with shipping as its core business. Its diversification was mostly into related fields. It entered into coal-mining to gain the coal needed for ships, bought a shipbuilding yard from the government to repair the ships it used, founded an iron mill to supply iron to the shipbuilding yard, started a marine insurance business to cater for its shipping business, and so forth. Later, the managerial resources and technological capabilities acquired through the operation of shipbuilding were used to expand the business further into the manufacture of aircraft and equipment. The experience of overseas shipping led the firm to enter into a trading business.[5]
In 1881, the company bought into coal mining by acquiring the Takashima Mine, followed by Hashima Island in 1890, using the production 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.[6]
In February 1921, the Mitsubishi Internal Combustion Engine Manufacturing Company in Nagoya invited British Sopwith Camel designer Herbert Smith, along with several other former Sopwith engineers to assist in creating an aircraft manufacturing division. After moving to Japan, they designed the Mitsubishi 1MT, Mitsubishi B1M, Mitsubishi 1MF, and Mitsubishi 2MR.
The merchant fleet entered into a period of diversification that would eventually result in the creation of three entities:
- Mitsubishi Bank (now a part of the Mitsubishi UFJ Financial Group) was founded in 1919. After its mergers with the Bank of Tokyo in 1996, and UFJ Holdings in 2004, this became Japan’s largest bank.
- Mitsubishi Corporation, founded in 1950, Japan’s largest general trading company
- Mitsubishi Heavy Industries, which includes these industrial companies:
- Mitsubishi Motors, the sixth-largest Japan-based car manufacturer.
- Mitsubishi Atomic Industry, a nuclear power company.
- Mitsubishi Chemical, the largest Japan-based chemicals company
- Mitsubishi Power, the energy systems division
- Nikon Corporation, specializing in optics and imaging.
The firm’s prime real estate holdings in the Marunouchi district of Tokyo, acquired in 1890, were spun off in 1937 to form Mitsubishi Estate, now one of the largest real estate development companies in Japan.[7]
World War II[edit]
Mitsubishi A6M «Zero» fighter
During World War II, Mitsubishi manufactured military aircraft under the direction of Dr. Jiro Horikoshi. The Mitsubishi A6M Zero was a primary naval fighter of the Japanese military. It was used by Imperial Japanese Navy pilots throughout the war, including in kamikaze attacks during the later stages. Allied pilots were astounded by its maneuverability, and it was very successful in combat until the Allies devised tactics to use their advantage in armor and diving speed.[8][9][10][11][12][13][14][15][16]
Mitsubishi made use of forced labor during this tenure. Laborers included Allied prisoner of war, as well as Chinese and Korean citizens. In the post-war period, lawsuits and demands for compensations were presented against the Mitsubishi Corporation, in particular by former Chinese workers. On July 24, 2015, the company agreed to formally apologize for this wartime labor, and compensated 3,765 Chinese laborers who were conscripted to Mitsubishi Mining during the war.[17] On July 19, 2015, the company apologized for using American prisoners of war as forced laborers during World War II, making them the first major Japanese company to apologize for doing so.[18]
Mitsubishi was involved in the opium trade in China during this period.[19]
Post-war era[edit]
Mitsubishi was among a number of major Japanese conglomerates targeted for dissolution during the occupation of Japan. It was broken up into a large number of smaller enterprises whose stock was offered to the public. For several years, these companies were banned from coordinating with each other and from using the Mitsubishi name and trademarks. These restrictions were lifted in 1952, as the Korean War generated a need for a stronger industrial base in Japan. Mitsubishi Corporation and Mitsubishi Heavy Industries, which had themselves been broken up into many smaller entities, again coalesced by the mid-1950s.[20]
Mitsubishi companies 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 EXPO’70 in Osaka in the 1970s to 1980s.
Mitsubishi, along with other manufacturers, was affected by the Kobe Steel scandal in 2017, which involved falsified data for products supplied to the aerospace, car and electric power industries.
On November 28, 2018, the South Korea Supreme Court ordered Mitsubishi Heavy Industries, which serves as one of Mitsubishi’s core companies, to pay 10 Koreans 150m won ($133,000; £104,000) in compensation for forced labor which it oversaw during the Japanese occupation of Korea.[21][22] 18 family members of other victims of the forced labour which Mitsubishi Heavy Industries oversaw and who sued sometime before 2008 will also be awarded compensation as well.[22] All 28 plaintiffs had previously filed a lawsuit in Japan, but had their lawsuit dismissed by the Supreme Court of Japan in 2008.[22] The Japanese Government has responded to the court’s decision that it is a breach of the international law, citing the Treaty on Basic Relations between Japan and the Republic of Korea.
Mitsubishi companies[edit]
Business form[edit]
Mitsubishi EDM/Laser office in North America
The Mitsubishi Group is made up of about 40 individual companies without a controlling parent company. Each of the Mitsubishi companies owns substantial (but usually not controlling) portions of the shares of the others.
Twenty-nine of the group companies participate in the Friday Conference (金曜会, Kinyō-kai), a luncheon meeting of their most senior executives held on the second Friday of each month. The group began its tradition of monthly executive meetings in 1952, and over time the meetings became a venue for coordinating policy between the group companies. However, by the 1990s, this practice was criticized (particularly by non-Japanese investors) as a possible violation of antitrust law. Since 1993, the Friday Conference has officially been held as a social function, and not for the purpose of discussing or coordinating business strategy. Despite this, the Friday Conference has been a venue for informal cooperation and coordination between the group companies, most notably in bailing out Mitsubishi Motors during the mid 2000s.[23]
In addition to the Friday Conference, the group companies’ heads of general affairs hold a meeting on the third Monday of each month, and the group companies’ legal and IP departments hold a trademark policy coordination meeting on the first Friday of each month.[23]
The company briefly dabbled in the early 1990s, when it inked a deal with Westinghouse Broadcasting International to become the Japanese sales representative.[24]
Core members[edit]
Three of the group companies are informally known as the «Three Great Houses» (御三家, Gosanke) and hold a separate coordinating meeting prior to each Friday Conference:[23]
- Mitsubishi UFJ Financial Group
- Mitsubishi Corporation
- Mitsubishi Heavy Industries
Ten other «major» group companies participate in the coordinating meeting on a rotating basis (with six of the ten companies participating in any given month):[23]
- AGC Inc.
- Kirin Company
- Meiji Yasuda Life
- Mitsubishi Chemical Holdings
- Mitsubishi Electric
- Mitsubishi Estate
- Mitsubishi Materials
- Mitsubishi UFJ Trust and Banking Corporation
- NYK Line (Nippon Yusen Kabushiki Kaisha)
- Tokio Marine Nichido
Other members[edit]
- Eneos Holdings
- Mitsubishi Fuso Truck and Bus Corporation
- Mitsubishi Logistics
- Mitsubishi Motors
- Mitsubishi Paper Mills
- Mitsubishi Plastics
- Mitsubishi Rayon
- Mitsubishi Research Institute
- Mitsubishi Shindoh
- Mitsubishi Steel Manufacturing
-
- MSSC
- Mitsubishi UFJ Securities
- Nikon
- P.S. Mitsubishi Construction
[edit]
- Atami Yowado
- Chitose Kosan
- Dai Nippon Toryo
- The Dia Foundation for Research on Ageing Societies
- Diamond Family Club
- Kaitokaku
- Koiwai Noboku Kaisha
- LEOC Japan
- Marunouchi Yorozu
- Meiwa Corp.
- Mitsubishi Agricultural Machinery
- Mitsubishi C&C Research Association
- Mitsubishi Club
- Mitsubishi Corporate Name and Trademark Committee
- Mitsubishi Economic Research Institute
- Mitsubishi Electric Automation
- Mitsubishi Foundation
- Mitsubishi Kinyokai
- Mitsubishi Marketing Association
- Mitsubishi Motors North America
- Mitsubishi Public Affairs Committee
- The Mitsubishi Yowakai Foundation
- MT Insurance Service
- Nippon TCS Solution Center
- Seikadō Bunko Art Museum
- Shonan Country Club
- Sotsu Corporation
- Tōyō Bunko
- Seikei University
- All Mitsubishi Lions
Former members[edit]
- Nippon Crown (sold to Daiichi Kosho Company in 2001)
See also[edit]
- Anti-Japanese sentiment in Korea
- List of aircraft by Mitsubishi
- Mitsubishi Pencil Company (not a part of the Mitsubishi keiretsu)
References[edit]
- ^ a b Origin on Mitsubishi.com website
- ^ Overview of Mitsubishi Group
- ^ «Origin». Mitsubishi.com. Retrieved 29 May 2021.
- ^ «Mitsubishi Mark». www.mitsubishi.com. Retrieved 14 May 2021.
- ^ Odagiri, Hiroyuki (1996). Technology and Industrial Development in Japan. Oxford University Press. p. 76. ISBN 0-19-828802-6.
- ^ «The History of Mitsubishi Group». GearHeads. 19 May 2012. Archived from the original on 2 May 2015. Retrieved 25 October 2012.
- ^ «History». Mitsubishi Estate Co., Ltd. Retrieved 7 September 2015.
- ^ Wilcox, Richard (9 November 1942). «The Zero». Life Magazine.
- ^ Jablonski, Edward. Airwar. New York: Doubleday & Co., 1979. ISBN 0-385-14279-X.
- ^ Green and Swanborough 2001
- ^ Hawks, Chuck. «The Best Fighter Planes of World War II». chuckhawks.com. Retrieved: 30 July 2015.
- ^ Young, Edward M. (2013). F4F Wildcat vs A6M Zero-sen. Osprey Publishing. p. 36. ISBN 9781780963228.
- ^ Thompson with Smith 2008, p. 231.
- ^ Mersky, Peter B. (Cmdr. USNR). «Time of the Aces: Marine Pilots in the Solomons, 1942–1944.» ibiblio.org. Retrieved: 30 July 2015.
- ^ Angelucci and Matricardi 1978, p. 138.
- ^ Willmott 1980, pp. 40–41.
- ^ «Mitsubishi to compensate forced Chinese labourers in WWII — timesofindia-economictimes». Archived from the original on 2016-03-05. Retrieved 2018-12-02.
- ^ «Mitsubishi Materials apologizes for using U.S. POWs as slave labor». Reuters. 20 July 2015. Retrieved 19 July 2015.
{{cite web}}
: CS1 maint: url-status (link) - ^ Hastings, Max (2007). Retribution: The Battle for Japan, 1944–45. New York: Vintage. p. 413. ISBN 978-0-3072-7536-3.
- ^ Morris-Suzuki, Tessa, ed. (1989). Japanese Capitalism Since 1945: Critical Perspectives. p. 109. ISBN 9780873325516.
- ^ Denyer, Simon. «New South Korean court ruling angers Japan, deepening crisis between America’s closest Pacific allies». The Washington Post.
- ^ a b c «Mitsubishi payout ordered over WW2 labour». BBC News. 29 November 2018.
- ^ a b c d «三菱グループの最高決定機関「金曜会」の知られざる権力構造と裏序列». Shukan Diamond. 25 January 2016. Retrieved 28 April 2016.
- ^ Amdur, Meredith (1992-02-17). «Dealing in Monte Carlo» (PDF). Broadcasting. Archived (PDF) from the original on 2021-10-27. Retrieved 2021-10-27.
External links[edit]
Wikimedia Commons has media related to Mitsubishi.
- Official website
- Mitsubishi Group companies grouped at OpenCorporates
-
1
Mitsubishi Assistance Package
Универсальный русско-английский словарь > Mitsubishi Assistance Package
-
2
Mitsubishi Atomic Power Industries, Inc.
Универсальный русско-английский словарь > Mitsubishi Atomic Power Industries, Inc.
-
3
Mitsubishi Common Modules
Универсальный русско-английский словарь > Mitsubishi Common Modules
-
4
Mitsubishi Corporation
Универсальный русско-английский словарь > Mitsubishi Corporation
-
5
Mitsubishi Electric Corp.
Универсальный русско-английский словарь > Mitsubishi Electric Corp.
-
6
Mitsubishi Heavy Industries
Sakhalin energy glossary: MHI
Универсальный русско-английский словарь > Mitsubishi Heavy Industries
-
7
Mitsubishi Heavy Industries Ltd
Универсальный русско-английский словарь > Mitsubishi Heavy Industries Ltd
-
8
Mitsubishi Heavy Industries, Ltd.
Универсальный русско-английский словарь > Mitsubishi Heavy Industries, Ltd.
-
9
Mitsubishi Machine Tools
Универсальный русско-английский словарь > Mitsubishi Machine Tools
-
10
Mitsubishi Motors Corporation
Универсальный русско-английский словарь > Mitsubishi Motors Corporation
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11
Mitsubishi Power Sound System
Automobile industry: MPSS
Универсальный русско-английский словарь > Mitsubishi Power Sound System
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12
Mitsubishi Racing
Универсальный русско-английский словарь > Mitsubishi Racing
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13
Mitsubishi S340-10 color sublimation printer file
Универсальный русско-английский словарь > Mitsubishi S340-10 color sublimation printer file
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14
Mitsubishi extensive large scale array
Универсальный русско-английский словарь > Mitsubishi extensive large scale array
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15
Bank Tokyo- Mitsubishi, LTD.
Универсальный русско-английский словарь > Bank Tokyo- Mitsubishi, LTD.
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16
Fluor Daniel + Mitsubishi Heavy Industries
Sakhalin energy glossary: FMH
Универсальный русско-английский словарь > Fluor Daniel + Mitsubishi Heavy Industries
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17
добровольное объединение восьми фирм Dell, Hewlett-Packard, Mitsubishi Chemical, Philips, Ricoh, Sony, Thomson и Yamaha
Универсальный русско-английский словарь > добровольное объединение восьми фирм Dell, Hewlett-Packard, Mitsubishi Chemical, Philips, Ricoh, Sony, Thomson и Yamaha
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18
мицубиси
Русско-английский большой базовый словарь > мицубиси
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19
MAPI
Англо-русский словарь промышленной и научной лексики > MAPI
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20
Digital Versatile Disk + ReWritable
Information technology: DVD+RW , DVDRW
Универсальный русско-английский словарь > Digital Versatile Disk + ReWritable
См. также в других словарях:
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Mitsubishi — Group 三菱グループ … Википедия
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Mitsubishi — (jap. 三菱) Rechtsform wirtschaftliche Verbundgruppe aus unabhängigen Unternehmen (Keiretsu) Gründung … Deutsch Wikipedia
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Mitsubishi — Tipo Conglomerado Fundación 1870 Sede … Wikipedia Español
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Mitsubishi eK — Manufacturer Mitsubishi Motors Also called Nissan Otti … Wikipedia
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MITSUBISHI — L’un des principaux regroupements d’entreprises, spécifiques de l’économie japonaise, nommés zaibatsu (littéralement cliques financières). L’histoire de Mitsubishi est moins ancienne que celle de Mitsui, ce qui explique la position respective des … Encyclopédie Universelle
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Mitsubishi i — photographiée en 2005 au 39ème salon automobile de Tokyo, juste avant le lancement de la voiture sur le marché japonais … Wikipédia en Français
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Mitsubishi i — Mitsubishi i … Википедия
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Mitsubishi F-1 — F 1 at Iwakuni Base Role Fighter aircraft Manufacturer … Wikipedia
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Mitsubishi T-2 — Mitsubishi T 2 … Deutsch Wikipedia
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Mitsubishi f-1 — Pour les articles homonymes, voir F 1. Mitsubishi F 1 … Wikipédia en Français
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Mitsubishi F-1 — Un F 1 en la Base Iwakuni. Tipo Avión de caza Fabricantes … Wikipedia Español
Headquarters, the Marunouchi Park Building in Marunouchi, Chiyoda, Tokyo. |
|
Native name |
三菱商事株式会社 |
---|---|
Romanized name |
Mitsubishi Shōji Kabushiki-gaisha |
Formerly | Kowa Jitsugyo Kaisha Mitsubishi Shoji Kaisha, Ltd. |
Type | Public KK |
Traded as |
TYO: 8058 LSE: MBC Nikkei 225 component (8058) TOPIX Core30 component (8058) |
Industry | General trading company |
Founded | Incorporated in 1918 Refounded in 1954 |
Headquarters | Marunouchi Park Building, Marunouchi,
Chiyoda, Tokyo , Japan |
Number of locations |
121 |
Area served |
Worldwide |
Key people |
Ken Kobayashi (Chairman) Takehiko Kakiuchi (President and CEO) |
Services | Financial services Machinery Chemicals Construction Energy Metal Food Consumer Goods |
Revenue | ¥12.88 trillion (2021)[1] |
Operating income |
¥253.53 billion (2021)[1] |
Net income |
¥132.24 billion (2021)[1] |
Total assets | ¥18.63 trillion (2021)[1] |
Total equity | ¥6.54 trillion (2021)[1] |
Owner | Mitsubishi (94%) Berkshire Hathaway (6%) |
Number of employees |
80,728 (Including overseas offices & subsidiaries) (as of Mar 31,2022) |
Subsidiaries | Lawson (50.12%) |
Website | mitsubishicorp.com |
Mitsubishi Corporation (三菱商事株式会社, Mitsubishi Shōji Kabushiki-gaisha) is Japan’s largest trading company (sogo shosha) and a member of the Mitsubishi keiretsu. As of 2022, Mitsubishi Corporation employs over 80,000 people and has ten business segments, including finance, banking, energy, machinery, chemicals, and food.[2]
History[edit]
The company traces its roots to the Mitsubishi conglomerate founded by Yataro Iwasaki. Iwasaki was originally employed by the Tosa clan of modern-day Kōchi Prefecture, who posted him to Nagasaki in the 1860s. During this time, Iwasaki became close to Sakamoto Ryōma, a major figure in the Meiji Restoration that ended the Tokugawa shogunate and restored the primacy of the emperor of Japan in 1867. Iwasaki was placed in charge of the Tosa clan’s trading operation, Tsukumo Shokai, based in Osaka. This company changed its name in the following years to Mitsukawa Shokai and then to Mitsubishi Shokai. Around 1871, the company was renamed Mitsubishi Steamship Company and began a mail service between Yokohama and Shanghai with government sponsorship.[3]
Under Iwasaki’s leadership in the late 1800s, Mitsubishi diversified its business into insurance (Tokio Marine Insurance Company and Meiji Life Insurance Company), mining (Takashima Coal Mine) and shipbuilding.[3] Following his death in 1885, his successor Yanosuke Iwasaki merged the shipping operation with a rival enterprise to form the Nippon Yusen Kaisha (NYK) and refocused Mitsubishi’s business on coal and copper mining. In 1918, the group’s international trading business was spun off to form Mitsubishi Shoji Kaisha.[4] Mitsubishi Goshi Kaisha served as the parent company of the group through World War II, during which group company Mitsubishi Heavy Industries (launched in 1934) produced ships, aircraft and heavy machinery for the war effort.[5]
After the war, the administration of Douglas MacArthur called for the dissolution of the «zaibatsu» corporations that dominated the Japanese economy. Mitsubishi was the only major zaibatsu to initially refuse this request, at the orders of the president Koyata Iwasaki, who shortly thereafter fell seriously ill.[5] Mitsubishi eventually dissolved in 1947, and under restrictive rules imposed by the occupation authorities, the employees of the Mitsubishi Shoji trading arm rebranded into 100 separate companies. Beginning in 1950, the restrictions on re-consolidation of the zaibatsu were eased, and by 1952 most of the former Mitsubishi Shoji had coalesced into three companies.[6]
The current Mitsubishi Corporation was founded by the merger of these three companies to form Mitsubishi Shoji Kaisha, Ltd. in 1954; Mitsubishi listed on the Tokyo Stock Exchange and Osaka Stock Exchange in the same year. It changed its name to «Mitsubishi Corporation» in 1971.[7] Concurrently with its relaunch, Mitsubishi opened fourteen liaison offices outside Japan, as well as a US subsidiary called Mitsubishi International Corporation with offices in New York and San Francisco. By 1960, Mitsubishi had fifty-one overseas offices.[8] Mitsubishi’s first large-scale investment outside Japan was a liquefied natural gas project in Brunei, committed to in 1968.[7]
Along with Mitsubishi Bank, Mitsubishi Corporation played a central role in international trading for other constituents of the former Mitsubishi zaibatsu during the postwar era, such as Mitsubishi Heavy Industries and the Mitsubishi Motor Company, forming a major keiretsu business group centered around the Second Friday Conference (Kinyo-kai) of company managers.[9]
Mitsubishi was the largest Japanese general trading company from the late 1960s until the mid-1980s; after falling to fifth place in 1986, it embarked on a series of large overseas acquisitions together with other companies in the Mitsubishi group.[9] By 2015 Mitsubishi was again the top-ranked general trading company by net earnings. However, Mitsubishi saw its first postwar net loss in the fiscal year ended March 2016, amid a slowdown in the Chinese economy and a slump in the commodity markets, causing Mitsubishi to lose its #1 position to Itochu.[10]
Berkshire Hathaway acquired over 5% of the stock in the company, along with four other Japanese trading houses, over the 12-month period ending in August 2020.[11]
Business segments[edit]
Mitsubishi Corporation businesses are divided into eight business sections:
- Business Service Group: Focuses on information technology. Mitsubishi is the Japanese partner of Tata Consultancy Services and operates a data center in Mitaka, Tokyo.[12]
- Global Environmental & Infrastructure Business Group: Handles transportation, water, electricity, and industrial projects. Its infrastructure projects include airports in Mandalay and Ulaanbataar, urban railways in Cairo, Doha and Dubai, and power projects under the Diamond Generating and Diamond Transmission names.[13] In 2015, Mitsubishi announced a strategic alliance with Turkey’s Çalık Enerji to boost its infrastructure business in Turkey and Northern Africa.[14]
- Industrial Finance, Logistics and Development Group: Engages in asset management, asset financing, real estate and logistics.[15]
- Energy Business Group: Handles trading and investment in crude oil, liquefied natural gas, liquefied petroleum gas, shale gas, biofuel, and other energy commodities in various countries.[16]
- Metals Group: Develops concessions and trades in coal, iron ore, nickel, chrome, copper, aluminum, uranium and platinum.[17] In 2014, Mitsubishi opened a $3.4 billion coking coal mine in Caval Ridge, Queensland, Australia, through its 50% shareholding in the BHP Mitsubishi Alliance.[18]
- Machinery Group: Sells heavy machinery, ships, defense equipment, and motor vehicles (particularly for Isuzu).[19]
- Chemicals Group: Manufactures and trades in a wide variety of commodity and functional chemicals, especially petrochemicals.[20]
- Living Essentials Group: Develops and trades in consumer products and manages retailing operations; investor in Lawson and Alfamart.[21]
Of these segments, energy is the largest by far, accounting for almost half of the company’s consolidated net income in the first half of the fiscal year 2015.[22]
Awards[edit]
In 2008 Mitsubishi Corporation was crowned In-House of the Year — Trading Company In-House Team of the Year at the 2008 ALB Japan Law Awards.[23]
Environmental record[edit]
In March 1998 the Mitsubishi Corporation received the quarterly Greenwash Award. It was awarded to Mitsubishi Corporation for successful efforts at portraying its business operations as environmentally friendly. It was argued that through the use of public relations the corporation demonstrated to the world that Exportadora de Sal S.A., their subsidiaries facility off the coast of Mexico, was environmentally benign. The facility is a salt evaporation factory and is in a lagoon that also holds a gray whale calving ground.[24]
As of 2009, Mitsubishi held between 35% to 40% of the worldwide market for bluefin tuna.[25][26]
Mitsubishi was also the subject of a boycott by the Rainforest Action Network for its role in the destruction of rainforests through its forestry activities.[27] In November, 2019, Mitsubishi Corporation stated that it will buy Eneco, a company that focuses on renewable energy, in a deal valuing the Dutch energy firm at $4.52 billion.[28]
References[edit]
- ^ a b c d e «Financial Results for Fiscal Year Ended March 31, 2021» (PDF). Mitsubishi Corporation. May 7, 2021.
- ^ «Mitsubishi Corporation official website» (PDF). June 29, 2018.
- ^ a b «Timeline of the Life & Times of Yataro Iwasaki». Mitsubishi Corporation. Retrieved 22 January 2015.
- ^ «Yanosuke Expands Mitsubishi’s Involvement in Mining». Mitsubishi Corporation. Retrieved 22 January 2015.
- ^ a b «Koyata Iwasaki—Standing by His Convictions to the Very End». Mitsubishi Corporation. Retrieved 22 January 2015.
- ^ «The Launch of the New Mitsubishi Shoji: President Takagaki Urges Fairness in Business». Mitsubishi Corporation. Retrieved 22 January 2015.
- ^ a b «Corporate History». Mitsubishi Corporation. Retrieved 22 January 2015.
- ^ «Laying the Foundations for Success by Expanding the Company’s Global Network». Mitsubishi Corporation. Retrieved 22 January 2015.
- ^ a b «History of Mitsubishi Corporation». International Directory of Company Histories, Vol. 12. St. James Press, 1996. Retrieved 22 January 2015.
- ^ «商社で利益首位どう奪回? 三菱商事社長 垣内威彦氏 出資先1000社と共に成長». The Nikkei. 5 June 2016. Retrieved 15 June 2016.
- ^ «Warren Buffett takes 5% stake in 5 Japanese trading companies». Nikkei Asian Review. 2020-08-31. Retrieved 2020-08-31.
- ^ «Business Service Group». Mitsubishi Corporation. Archived from the original on 3 July 2015. Retrieved 5 June 2015.
- ^ «Global Environmental & Infrastructure Business Group». Mitsubishi Corporation. Retrieved 5 June 2015.
- ^ Humber, Yuriy (4 June 2015). «Mitsubishi Corp Invests in Turkey’s Calik to Win Energy Orders». Bloomberg L.P. Retrieved 5 June 2015.
- ^ «Industrial Finance, Logistics & Development Group». Mitsubishi Corporation. Retrieved 5 June 2015.
- ^ «Energy Business Group». Mitsubishi Corporation. Retrieved 5 June 2015.
- ^ «Metals Group». Mitsubishi Corporation. Retrieved 5 June 2015.
- ^ Iwata, Mari (13 October 2014). «BHP, Mitsubishi Open New Coal Mine Amid Market Slump». The Wall Street Journal. Retrieved 5 June 2015.
- ^ «Machinery Group». Mitsubishi Corporation. Retrieved 5 June 2015.
- ^ «Chemicals Group». Mitsubishi Corporation. Retrieved 5 June 2015.
- ^ «Living Essentials Group». Mitsubishi Corporation. Retrieved 5 June 2015.
- ^ «Results for Six Months Ended September 2014» (PDF). Mitsubishi Corporation. 11 November 2014. Retrieved 22 January 2015.
- ^ «Japan Law Awards 2008». Asian Legal Business. Thomson Reuters. 8 (5): 32. May 2008. Retrieved April 12, 2014 – via Issuu.
- ^ Joshua Karliner (March 1, 1998). «Mitsubishi and Laguna San Ignacio». CorpWatch. Retrieved September 26, 2014.
- ^ Martin Hickman (June 3, 2009). «Revealed: the bid to corner world’s bluefin tuna market». The Independent. Archived from the original on 2022-05-15. Retrieved February 24, 2012.
- ^ «Bluefin Tuna overfished bought and paid for by Mitsubishi». YouTube. Archived from the original on 2021-12-12. Retrieved September 26, 2014.
- ^ Manheim, Jarol (2000). «Chapter 5». Death of A Thousand Cuts: Corporate Campaigns and the Attack on the Corporation. Routledge. pp. 93–98. ISBN 978-1-135-64857-2.
- ^ «Japan’s Mitsubishi beats Shell to buy Dutch power firm Eneco». Reuters. 2019-11-25. Retrieved 2019-11-26.
External links[edit]
- Official website
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Предложения
Подвеска mitsubishi l200 представляет собой сложнейшее устройство.
The engine of Mitsubishi L200 is a very powerful engine.
У меня знакомый на новом mitsubishi…
В каждом номере есть кондиционер (mitsubishi), пол с подогревом, электронное управление жалюзи, видеонаблюдение, защитные двери и теплый проход из гаража в квартиру и открытую парковку.
Each room is air-conditioned (mitsubishi), underfloor heating, electronic shutter controls, video surveillance, security doors and a warm passage from the garage to the apartment and outdoor parking space.
Проектированием и строительством мегаяхт MITSUBISHI занимается давно.
Design and construction of mega yachts have been done by MITSUBISHI for a long time.
Mitsubishi продолжает обновлять дизайн своих дилерских центров.
We should remind that Mitsubishi company continues to update the design of its dealer centers.
Техническая часть автомобиля создана специалистами Lotus и Mitsubishi.
The technical part of the vehicle was developed with the help of specialists from Mitsubishi and Lotus.
Первым покупателем стала японская компания Mitsubishi.
One of the most well known is the Japanese Mitsubishi company.
К автомобилям Mitsubishi присматривался длительное время.
There is a long time warranty of the Mitsubishi trucks.
Машины концерна Mitsubishi являются одними из самых надежных.
Mitsubishi commercial trucks are among the most reliable on the road.
Разработанный изначально и построенный фирмой Mitsubishi, впо…
Initially designed and built by Mitsubishi, it has been further…
Компанией Mitsubishi были изготовлены три опытных экземпляра этого самолета, который планировалось использовать преимущественно как палубный торпедоносец-бомбардировщик.
Three development prototypes were constructed subsequently by Mitsubishi, and it was decided that the aircraft would be used primarily as a carrier-based torpedo-bomber.
Вот краткий отчет о 140-летней истории, разделяемой компаниями Mitsubishi.
Here is a summary of the 140 years history shared by the Mitsubishi companies.
Конструкторы двигателей Mitsubishi, видимо не пробовали искать простые и надёжные решения.
Designers engines Mitsubishi, apparently did not try to look for simple and reliable solutions.
Дизайн разработан с учетом лучших традиций Mitsubishi.
The design is designed taking into account the best traditions of Mitsubishi.
1980-е годы стали десятилетием глобальной экспансии Mitsubishi на мировых рынках.
The 1980s were a decade of Mitsubishi’s global expansion in the world markets.
Он заложил основу для последующего роста и развития компаний Mitsubishi.
He thus laid the foundation for the subsequent growth and development of the Mitsubishi companies.
Не впервые Mitsubishi представила совершенно новую технологию для рынка легковых автомобилей.
Not for the first time, Mitsubishi has brought an entirely new technology to the passenger car market.
Но политические ветры сдвинулись против Mitsubishi в начале 1880-х годов, и правительство спонсировало создание конкурента.
But the political winds shifted against Mitsubishi in the early 1880s, and the government sponsored the establishment of a competitor.
В результате аварии пострадал пассажир Mitsubishi.
In the accident suffered by the passenger of the Mitsubishi.
Mitsubishi планирует оказать помощь в разработке оффшорного приемного объекта в стране.
Mitsubishi is planning to help in the development of an offshore receiving facility in the country.
Предложения, которые содержат mitsubishi
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