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1

keiretsu

A keiretsu is a group of companies that are connected to each other. It all starts with a bank that provides loans to other companies. These companies then only do business with other companies in their own keiretsu. Keiretsu are usually local, which is why you can only find certain brands of beer in certain parts of Japan. For example, Sapporo beer is only found in the north, while Kirin beer is only found in the south.

2

keiretsu

William C. Durant, the founder of General Motors, was the first person to use this invention in America in 1910. It was an American invention before it was used in Japan.

3

keiretsu

The Zaibatsu were large companies in Japan that were owned by a single family. After the Americans forced them to break up, the companies started to form groups called Keiretsu. These groups were made up of companies that owned each other's shares and were connected to a single bank. These Keiretsu have a strong connection to the Japanese government and have played an important role in Japan's development. The most well-known Keiretsu are Mitsubishi, Mitsui, Sumitomo, Fuyo, Daiichi Kangyo, and Sanwa.

4

keiretsu

(see japanese capitalism)

5

keiretsu

(see: chaebol)

6

keiretsu

America is saying that certain systems are making it difficult for them to trade freely with other countries.

7

keiretsu

A big organization made up of several smaller companies that work together and support each other.

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