IWASAKI YATARō (岩崎 弥太郎, January 9, 1835 – February 7,
1885) was a Japanese financier and shipping industrialist , and the
* 1 Early life
Iwasaki was born in a provincial farming family in Aki , Tosa province (now Kōchi Prefecture ), the great-grandson of a man who had sold his family's samurai status in obligation of debts. Iwasaki began his career as an employee of the Tosa clan. The clan had business interests in many parts of Japan.
Iwasaki left for Edo (now
Returning to Edo, he socialised with political activists and studied under the reformist Yoshida Toyo , who influenced him with ideas of opening and developing the then-closed nation through industry and foreign trade. Through Yoshida, he found work as a clerk for the Tosa government, and bought back his family's samurai status. He was promoted to the top position at the Tosa clan's trading office in Nagasaki , responsible for trading camphor oil and paper to buy ships, weapons, and ammunition.
Meiji Restoration in 1868, which forced the disbandment
of the shogunate 's business interests, Iwasaki travelled to
Yamanouchi clan, family crest.
Iwasaki became president of
In 1874–1875, Iwasaki was contracted by the Japanese government to
transport Japanese soldiers and war materials. The Japanese government
purchased a number of ships for the Japanese Expedition of 1874 to
Taiwan against Paiwan Aborigines in southeast Taiwan, and these ships
were later given to
Subsequently he invested in mining, ship repair, and finance. In 1884 he took a lease on the Nagasaki Shipyard, which allowed the company to undertake shipbuilding on a large scale, and renamed it Nagasaki Shipyard border:solid #aaa 1px">
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* "The Man Who Started It All", Mitsubishi.com