Mitsubishi

This article is about the Japanese conglomerate. For other uses, see Mitsubishi (disambiguation).
Mitsubishi Group
Native name
三菱グループ
Mitsubishi Gurūpu
Formerly
List
    • Tsukumo Shokai (1870)[1]
    • Mitsukawa Shokai
    • Mitsubishi Shokai (1873)
    • Mitsubishi Kisen Kaisha (1875)
    • Yubin Kisen Mitsubishi Kaisha (1875)
    • Mitsubishi Goshi Kaisha
Company typePrivate conglomerate
Industry
List
Founded1870; 154 years ago (1870)[1]
FounderYatarō Iwasaki
Headquarters
Tokyo
,
Japan
Area served
Worldwide
Products
List
Services
List
Number of employees
870,000
Subsidiaries
List
Websitemitsubishi.com

The Mitsubishi Group (三菱グループ, Mitsubishi Gurūpu) is a group of autonomous Japanese multinational companies in a variety of industries.

Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group traces its origins to the Mitsubishi zaibatsu, a unified company that existed from 1870 to 1946. The company, along with other major zaibatsu, was disbanded during the occupation of Japan following World War II by the order of the Allies. Despite the dissolution, the former constituent companies continue to share the Mitsubishi brand and trademark.

While the group of companies engages in limited business cooperation, most notably through monthly “Friday Conference” executive meetings, they remain formally independent and are not under common control. The three main entities (gosanke) are Mitsubishi UFJ Financial Group (the largest bank in Japan), Mitsubishi Corporation (a general trading company), and Mitsubishi Heavy Industries (diversified manufacturing companies).[3] A 2020 estimate concluded that all the Mitsubishi companies combined generate 7.7% of the total revenue of all publicly traded companies in Japan, and the group's assets amount to 433 trillion yen.[4]

  1. ^ a b Origin Archived 2023-04-05 at the Wayback Machine on Mitsubishi.com website
  2. ^ "Overview of Mitsubishi Group". Archived from the original on 2022-04-04. Retrieved 2022-05-31.
  3. ^ "三菱グループ御三家による「三菱自救済」から、重工が足抜けできた理由". ダイヤモンド・オンライン (in Japanese). 2020-08-21. Retrieved 2024-07-10.
  4. ^ "三菱グループ｢87万人組織｣の知られざる正体". 東洋経済オンライン (in Japanese). 2020-03-16. Retrieved 2024-07-10.