keiretsu$504940$ - Übersetzung nach Englisch
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keiretsu$504940$ - Übersetzung nach Englisch

TYPE OF CONGLOMERATE IN POST–WORLD WAR II JAPAN
Keiretu; Keiretsu system; Keireitsu; Kiretsu; Xilie; Jilie; 系列

keiretsu      
n. keiretsu, coalizione di società giapponesi allo scopo di proteggere i propri interessi economici

Definition

Keiretsu
Keiretsu refers to the horizontally and vertically linked industrial structure of post-war Japan. The horizontally linked groups include a broad range of industries linked via banks and general trading firms. There are eight major industrial groups, sometimes referred to as "Kigyo Shudan": Mitsubishi, Mitsui, Sumitomo, Fuyo, DKB, Sanwa, Tokai, and IBJ. The vertically linked groups (such as Toyota, Matshushita, and Sony) are centered around parent companies, with subsidiaries frequently serving as suppliers, distributors, and retail outlets. Common characteristics among the groups include crossholding of company shares, intra-group financing, joint investment, mutual appointment of officers, and other joint business activities. The keiretsu system emphasizes mutual cooperation and protects affiliates from mergers and acquisitions. Ties within groups became looser after the oil shocks of the 1970s as a result of decreasing dependence on banks for capital.

Wikipedia

Keiretsu

A keiretsu (Japanese: 系列, literally system, series, grouping of enterprises, order of succession) is a set of companies with interlocking business relationships and shareholdings that have dominated the Japanese economy since the second half of the 20th century. In the legal sense, it is a type of informal business group that are loosely organized alliances within the social world of Japan's business community. It rose up to replace the zaibatsu system that was dissolved in the Occupation of Japan following the Second World War, and, though their influence has shrunk since the late 20th century—they continue to be important forces in Japan's economy in the early 21st century.

The members' companies own small portions of the shares in each other's companies, centered on a core bank; this system helps insulate each company from stock market fluctuations and takeover attempts, thus enabling long-term planning in projects. It is a key element of the manufacturing industry in Japan.