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Sōgō Shōsha
are Japanese wholesale companies that trade in a wide range of products and materials. In addition to acting as intermediaries, ''sōgō shōsha'' also engage in logistics, plant development and other services, as well as international resource exploration. Unlike trading companies in other countries, which are generally specialized in certain types of products, ''sōgō shōsha'' have extremely diversified business lines, in which respect the business model is unique to Japan. The structure of ''sōgō shōsha'' can give them advantages in international trade. First, they have extensive risk management capabilities in that they trade in many markets, keep balances in many foreign currencies and can generate captive supply and demand for their own operations. They also have large-scale in-house market information systems which give them economies of scale in pursuing new business opportunities. Their vast scale also allows them to provide capital in the form of credit, financing ...
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Mitsubishi Corporation
is a Japanese general trading company ( ''sogo shosha'') and a core member of the Mitsubishi Group. For much of the post-war period, Mitsubishi Corporation has been the largest of the five great ''sogo shosha'' (Mitsubishi, Mitsui, Itochu, Sumitomo, Marubeni) by revenue as well as profits. The company was originally spun off from Mitsubishi & Co., Ltd, the holding company of the Mitsubishi Group at the time, in 1918 by Koyata Iwasaki. It was later split into three smaller trading companies by order of the Allied Occupation Forces, as major '' zaibatsu'', including Mitsubishi, were deemed the backbone of Japan's pre-war economy. These companies re-merged in 1954, once again assuming the name Mitsubishi Corporation. Mitsubishi’s operations began shifting away from the mere importing and exporting of goods in the 1960s. Starting with an investment in a liquefied natural gas field in Brunei in 1968, Mitsubishi rapidly moved towards investing directly in projects and compan ...
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Ataka & Co
Ataka may refer to: *Attack (political party), Bulgarian nationalist political party *Ataka (play) ' is a Japanese Noh play written in 1465 by Kanze Kojiro Nobumitsu. It has been described as a masterpiece of ''genzai noh'', a type of Noh play in which the story deals with events in the real world. It is also distinguished from the conventi ..., a Japanese play used as a source for the film ''The Men Who Tread On the Tiger's Tail'' * 9M120 Ataka, a Russian-made anti-tank guided missile * Japanese Gunboat Ataka on the Yangtze River in the 1930s and during the Second Sino-Japanese War {{disambig ...
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Chaebol
A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebol have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai Group, Hyundai has made efforts in the thawing of North Korea–South Korea relations, North Korean relations, despite some controversy. Many South Korean family-run chaebol have been criticised for low dividend payouts and other governance practices that favor controlling shareholders ...
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Cottage Industry
The putting-out system is a means of subcontracting work, like a tailor. Historically, it was also known as the workshop system and the domestic system. In putting-out, work is contracted by a central agent to subcontractors who complete the project via remote work. It was used in the English and American textile industries, in shoemaking, lock-making trades, and making parts for small firearms from the Industrial Revolution until the mid-19th century. After the invention of the sewing machine in 1846, the system lingered on for the making of ready-made men's clothing. The domestic system was suited to pre-urban times because workers did not have to travel from home to work, which was quite unfeasible due to the state of roads and footpaths, and members of the household spent many hours in farm or household tasks. Early factory owners sometimes had to build dormitories to house workers, especially girls and women. Putting-out workers had some flexibility to balance farm and ...
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Sakoku
is the most common name for the isolationist foreign policy of the Japanese Tokugawa shogunate under which, during the Edo period (from 1603 to 1868), relations and trade between Japan and other countries were severely limited, and almost all foreign nationals were banned from entering Japan, while common Japanese people were kept from leaving the country. The policy was enacted by the shogunate government ('' bakufu'') under Tokugawa Iemitsu through a number of edicts and policies from 1633 to 1639. The term originates from the manuscript work written by Japanese astronomer and translator Shizuki Tadao in 1801. Shizuki invented the word while translating the works of the 17th-century German traveller Engelbert Kaempfer namely, his book, 'the history of Japan', posthumously released in 1727. Japan was not completely isolated under the policy. was a system in which strict regulations were placed on commerce and foreign relations by the shogunate and certain feudal domains ...
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Human Resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ''manpower'', ''Labour (human activity), labor'', ''labor-power'', or ''personnel''. In vernacular usage, "human resources" or "human resource" can refer to the human resources department (HR department) of an organization, which performs human resource management, overseeing various aspects of employment, such as compliance with labor law and employment standards, job interview, interviewing and selection, performance management, administration of employee benefits, organizing of employee files with the required documents for future reference, and some aspects of recruitment (also known as talent acquisition), talent management, staff wellbeing, and employee offboarding. They serve as the link between an organization's management and its e ...
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Marubeni Corp
(, OSE: 8002, NSE: 8002) is a ''sōgō shōsha'' (general trading company) headquartered in Otemachi, Chiyoda, Tokyo, Tokyo, Japan. It is one of the largest ''sogo shosha'' and has leading market shares in cereal and paper pulp trading as well as a strong electrical and industrial plant business. Marubeni is a member of the Fuyo keiretsu. History Marubeni was founded in 1858, where the founder Chubei Itoh moved out of the family business and started a linen trading business with his uncle. It was established in 1918 as Itochu Shoten, Ltd. in a spin-off of certain sales divisions of C. Itoh & Co. (Itochu) into a separate entity. Itochu Shoten merged with Itoh Chobei Shoten in 1921 to form Marubeni Shoten, Ltd. under the leadership of Chobei Itoh IX. Marubeni started out as a textile trading firm and expanded to trade in other consumer and industrial goods during the 1920s. Marubeni was re-combined with Itochu during World War II to form Sanko Kabushiki Kaisha Ltd. (1941–44) ...
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Industry Analyst
An industry analyst performs primary and secondary market research within an industry such as information technology, consulting or insurance. Analysts assess sector trends, create segment taxonomies, size markets, prepare forecasts, and develop industry models. Industry analysts usually work for research and advisory services firms, and some analysts also perform advisory (consulting) services. Typically, analysts specialize in a single segment or sub-segment, researching the broad development of the market rather than focusing on specific publicly traded companies, equities, investments, or associated financial opportunities as a financial analyst might. Coverage The IIAR provides this official definition: ''An information and communications technology (ICT) industry analyst is a person, working individually or within a firm, whose business model incorporates creating and publishing research about, and advising on how, why and where ICT-related products and services can be proc ...
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Tokyo
Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most populous urban areas in the world. The Greater Tokyo Area, which includes Tokyo and parts of six neighboring Prefectures of Japan, prefectures, is the most populous metropolitan area in the world, with 41 million residents . Lying at the head of Tokyo Bay, Tokyo is part of the Kantō region, on the central coast of Honshu, Japan's largest island. It is Japan's economic center and the seat of the Government of Japan, Japanese government and the Emperor of Japan. The Tokyo Metropolitan Government administers Tokyo's central Special wards of Tokyo, 23 special wards, which formerly made up Tokyo City; various commuter towns and suburbs in Western Tokyo, its western area; and two outlying island chains, the Tokyo Islands. Although most of the w ...
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Chiyoda City
, known as Chiyoda City in English,
." ''City of Chiyoda''. Retrieved on December 28, 2008.
is a special ward of , Japan. Located in the heart of Tokyo's 23 special wards, Chiyoda consists of the Imperial Palace and a surrounding radius of about a kilometer (1000 yards), and is known as the political and financial center of Japan. As of October 2020, the ward has a population of 66,680, and a population density of 5,709 people per km2 (14,786 per sq. mi.), making it by far the least populated of the ...
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The Japan Times Online
''The Japan Times'' is Japan's largest and oldest English-language daily newspaper. It is published by , a subsidiary of News2u Holdings, Inc. It is headquartered in the in Kioicho, Chiyoda, Tokyo. History ''The Japan Times'' was launched by on 22 March 1897, with the goal of giving Japanese people an opportunity to read and discuss news and current events in English to help Japan participate in the international community. In 1906, Zumoto was asked by Japanese Resident-General of Korea Itō Hirobumi to lead the English-language newspaper '' The Seoul Press''. Zumoto closely tied the operations of the two newspapers, with subscriptions of ''The Seoul Press'' being sold in Japan by ''The Japan Times'', and vice versa for Korea. Both papers wrote critically of Korean culture and civilization, and advocated for Japan's colonial control over the peninsula in order to civilize the Koreans. The newspaper was independent of government control, but from 1931 onward, the pap ...
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Japanese Asset Price Bubble
The was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated. In early 1992, this price bubble burst and the country's economy stagnated. The bubble was characterized by rapid acceleration of asset prices and overheated economic activity, as well as an uncontrolled money supply and credit expansion.Kunio Okina, Masaaki Shirakawa, and Shigenori Shiratsuka (February 2001):The Asset Price Bubble and Monetary Policy: Japan's Experience in the Late 1980s and the Lessons More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time.Edgardo Demaestri, Pietro Masci (2003): Financial Crises in Japan and Latin America, Inter-American Development Bank Through the creation of economic policies that cultivated the marketability of assets, eased the access to credit, and encouraged speculation, the Japanese government started a prolon ...
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