The or the Dai-Ichi Kangyo Group was the largest

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...

ese

keiretsu A is a set of companies with interlocking business relationships and shareholdings. 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. The ''ke ...

in the late 1990s. The group emerged after

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...

and coalesced around the

Dai-Ichi Kangyo Bank , abbreviated as , was one of the largest banks in the world during the latter half of the 20th century. Dai-Ichi Kangyo Bank was created in 1971 by a consortium of two banks: Dai-Ichi Bank, Japan's oldest bank, and Nippon Kangyo Bank, a state fin ...

. Two of DKB's largest clients,

Kawasaki Heavy Industries (or simply Kawasaki) is a Japanese Public company, public multinational corporation manufacturer of motorcycles, engines, Heavy equipment (construction), heavy equipment, aerospace and Military, defense equipment, rolling stock and ships, headq ...

and

Furukawa Electric is a Japanese electric and electronics equipment company. The company was founded by Furukawa Ichibei in 1884 in Yokohama when a copper-smelting facility and a wire manufacturing factory were established. Furukawa was a Japanese businessman wh ...

, led their own respective corporate groups with a cross-supply relationship between the two. The Kawasaki and Furukawa groups agreed to begin holding presidents' meetings in 1966.

Itochu is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It is one of the largest Japanese ''sogo shosha'' (general trading companies). Among Japanese trading companies, it is distinguished by not being descend ...

, which historically supplied Kawasaki with raw materials, became the main general trading company for the combined group. The group's presidents began regular meetings in 1971. Also in that year, the group's name developed from the merger of Dai-Ichi Bank and Nippon Kangyo Bank. In 1998, an announcement was made that the Dai-Ichi Kangyo Bank was to be merged with

Fuji Bank The was one of Japan's major banks during the post–World War II era. It combined with Dai-Ichi Kangyo Bank and the Industrial Bank of Japan in 2000 to form Mizuho Financial Group, and changed its name to Mizuho Corporate Bank in 2002 after t ...

and the

Industrial Bank of Japan The Industrial Bank of Japan, Limited (IBJ), based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century. It combined with Dai-Ichi Kangyo Bank and Fuji Bank in 2002 to form Mizuho Financial Group ...

to form

Mizuho Financial Group , abbreviated as MHFG, or simply called Mizuho, is a banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. The name "" literally means "abundant rice" in Japanese and "harvest" in the figurative sense. Upon ...

. The resulting group, which was established in September 2000, was the largest banking group in the world with assets of 140 trillion yen. The next few years saw a parallel consolidation of their keiretsu industrial partners and saw the group grow to 150 trillion yen in assets (30%

GDP Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is ofte ...

Companies

* Asahi Mutual Life Insurance *

The Dai-ichi Mutual Life Insurance Company , or Dai-ichi Life for short, is the third-largest life insurer in Japan by revenue, behind Japan Post Insurance and Nippon Life. Founded on September 15, 1902, Dai-Ichi was one of the oldest mutual insurance companies in Japan until a motion to ...

Daiichi Sankyo is a global pharmaceutical company and the second-largest pharmaceutical company in Japan. It achieved JPY 981.8 billion in revenue in 2019. The company owns the American biotechnology company Plexxikon, American pharmaceutical company American R ...

Dentsu Dentsu Inc. ( ja, 株式会社電通 ''Kabushiki-gaisha Dentsū'' or 電通 ''Dentsū'' for short) is a Japanese international advertising and public relations joint stock company headquartered in Tokyo. Dentsu is currently the largest adverti ...

Fujitsu is a Japanese multinational information and communications technology equipment and services corporation, established in 1935 and headquartered in Tokyo. Fujitsu is the world's sixth-largest IT services provider by annual revenue, and the la ...

Hitachi () is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group (''Hitachi Gurūpu'') and had formed part of the Ni ...

IHI Corporation , formerly known as , is a Japanese engineering corporation headquartered in Tokyo, Japan that produces and offers ships, space launch vehicles, aircraft engines, marine diesel engines, gas turbines, gas engines, railway systems, turbochargers ...

* Isuzu *

ITOCHU is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It is one of the largest Japanese ''sogo shosha'' (general trading companies). Among Japanese trading companies, it is distinguished by not being descend ...

JFE Holdings is a corporation headquartered in Tokyo, Japan. It was formed in 2002 by the merger of and and owns JFE Steel, JFE Engineering and Japan Marine United. JFE is from Japan, Fe (the chemical element symbol of iron) and Engineering. In 2020, it ...

K Line is a Japanese transportation company. It owns a fleet that includes dry cargo ships (bulk carriers), container ships, liquefied natural gas carriers, Ro-Ro ships, tankers, and container terminals. It used to be the fourteenth largest contai ...

Kobe Steel Kobe Steel, Ltd. (株式会社神戸製鋼所, ''Kabushiki gaisha Kōbe Seikō-sho''), is a major Japanese steel manufacturer headquartered in Chūō-ku, Kobe. KOBELCO is the unified brand name of the Kobe Steel Group. Kobe Steel has the lowe ...

Meiji Seika is a Japanese snack food company. It is the trade name of a pharmaceutical company in Japan. It was renamed into the on March 31, 2011. It is currently a subsidiary of Meiji Holdings and a Japanese leader in the area of infectious disease with ...

Nippon Columbia , often pronounced ''Korombia'', operating internationally as , is a Japanese record label founded in 1910 as Nipponophone Co., Ltd. It affiliated itself with the Columbia Graphophone Company of the United Kingdom and adopted the standard UK C ...

Seibu Department Stores is a Japanese department store. The first store to trade under the name opened its doors in 1949. Seibu is typical of Japanese department stores with a wide variety of stores doing business on several floors. The company is now a subsidiary of S ...

Sojitz is a ''sogo shosha'' (general trading company) based in Tokyo, Japan. It is engaged in a wide range of businesses globally, including buying, selling, importing, and exporting goods, manufacturing and selling products, providing services, and pl ...

Sompo Japan Insurance , formerly NKSJ Holdings and , is a Japanese insurance company. It is the second-largest property insurance company in Japan only behind Tokio Marine, with market share of 19.3% in 2007. The “Sompo” in the company's name means in Japanese, t ...

Taiheiyo Cement is a Japanese cement A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel (aggrega ...

Tokyo Broadcasting System formerly is a Japanese media and licensed broadcasting holding company. It is the parent company of the television network and radio network . It has a 28-affiliate television network called JNN (Japan News Network), as well as a 34-affili ...

Tokyo Dome is an indoor stadium in Bunkyo, Tokyo, Japan. It was designed as a baseball stadium following its predecessor, Korakuen Stadium. Construction on the stadium began on May 16, 1985, and it opened on March 17, 1988. It was built on the site of th ...

The Tokyo Electric Power Company , also known as or TEPCO, is a Japanese electric utility holding company servicing Japan's Kantō region, Yamanashi Prefecture, and the eastern portion of Shizuoka Prefecture. This area includes Tokyo. Its headquarters are located in Uchis ...

* Tokyo FM *

Toshiba , commonly known as Toshiba and stylized as TOSHIBA, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. Its diversified products and services include power, industrial and social infrastructure system ...

Toyota is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...

Yokohama Rubber Company is a tire company based in Tokyo, Japan. The company was founded and began on October 13, 1917, in a joint venture between Yokohama Cable Manufacturing and B.F. Goodrich. In 1969, the company expanded to the United States as Yokohama Tire C ...

References

{{DEFAULTSORT:Dkb Group Conglomerate companies based in Tokyo Defunct companies of Japan Keiretsu Companies established in the 1940s Companies disestablished in the 1990s 1940s establishments in Japan 1990s disestablishments in Japan

Companies

See also

References