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was the new name given to the company Tanaka Seisakusho (Tanaka Engineering Works), after it was declared insolvent in 1893 and taken over by
Mitsui is one of the largest ''keiretsu'' in Japan and one of the largest corporate groups in the world. The major companies of the group include Mitsui & Co. ( general trading company), Sumitomo Mitsui Banking Corporation, Nippon Paper Industries ...
Bank. In 1910, it formed a tie-up with GE USA, which, in exchange for technology acquired about a quarter of the shares of Shibaura. With this investment GE now had a stake in both Tokyo Denki and Shibaura Seisakusho - two companies that had a complementary line of products in light as well as heavy electrical equipment. Both companies were merged in 1939 to create Tokyo Shibaura Denki (Tokyo Shibaura Electric Company, now
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 systems, ...
). The relation with GE continued until the beginning of the war and, after the war, resumed in 1953 with GE's 24 percent shareholding. This percentage has, however, decreased substantially since then.


References

{{Toshiba Engineering companies based in Tokyo Electrical engineering companies of Japan Toshiba