Mitsubishi
 |
|
| Private | |
| Industry | Conglomerate |
| Founded | 1870 |
| Founder | Iwasaki Yatarō |
| Headquarters | Tokyo, Japan |
|
Area served
|
Worldwide |
| Products | Mining, shipbuilding, telecom, financial services, insurance, electronics, automotive, construction, heavy industries, oil and gas, real estate, foods and beverages, chemicals, steel, aviation and others |
| Revenue |
 US$ 542.01 Billion (2015) |
| Profit |
US$ 7.2 Billion (2010) |
|
Number of employees
|
350,000 (2010) |
| Website | Mitsubishi |
The Mitsubishi Group (三菱グループ Mitsubishi Gurūpu?, also known as the Mitsubishi Group of Companies or Mitsubishi Companies, and informally as the Mitsubishi Keiretsu) is a group of autonomous Japanese multinational companies in a variety of industries. Its total revenue is about 10 percent of Japan's GDP.
It is historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1947 and was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand, trademark, and legacy. Although the group 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 three main companies in the group are The Bank of Tokyo-Mitsubishi UFJ (the largest bank in Japan), Mitsubishi Corporation (a general trading company) and Mitsubishi Heavy Industries (a diversified manufacturing company).
The Mitsubishi company was established as a shipping firm by Yatarō Iwasaki (1834–1885) in 1870. In 1873, its name was changed to Mitsubishi Shokai. The name Mitsubishi () consists of two parts: "mitsu" meaning "three" and "hishi" (which becomes "bishi" under rendaku) 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".
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Wikipedia