CHRONOLOGY

1943

Joint Operations Act forces trust companies into banks GHQ enforces for 7 major zaibatsu stragglers in 1948

 

GLOSSARY

zaibatsu

finance clique the pre War cartels

often family owned cf Mitsubishi, Mitsui, Sumitomo, Yasuda

keiretsu

series

vertically cartelised companies post War originally the pre War zaibatsu

Sumitomo founder

Masatomo Sumitomo 1585 - 1652

starting in copper smelting there was great expansion in the Meiji Era cf zaibatsu

Yasuda founder

Zenjiro Yasuda 1838 - 1921

founded a financial zaibatsu becoming the fuyo keiretsu post War

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