• From Founding to WWII The establishment of Mitsubishi Zaibatsu was originally found by Iwasaki Yataro in 1870 (Kensy, 2001, p. 230). Yataro also mentioned at that time that the information relating to the firm’s accounting was be treated privately (Mishima, 1989, p. 13). Three years later, the name was changed to Mitsubishi (three diamonds) Shokai (Mishima, 1989, p. 16), and particularly invested in shipping business as well as trading (Kensy, 2001, p. 230). Yataro headed the Mitsubishi zaibatsu to succeed in shipping industry within four years (Kensy, 2001, p. 230) because of support from the government which Yataro had a good relationship with, and the industrial promotion policy (Mishima, 1989, p. xxviii). In 1882, as the financial statements were kept secretly in the company, there was a scandal relating to the misuse of Mitsubishi’s government subsidiary to invest for other purposes, rather than in shipping industry (Mishima, 1989, p. 55). Yanosuke, the second president, reorganised the company which merely allowed two Iwasaki families to be investors (Mishima, 1989, p. xxix). Later, Hisaya, who is Yataro’s son became the next president…
fast 3-D printing capabilities by means of its innovative M1 machine and can cater to businesses requiring sturdy and heat resistant printed parts that are otherwise possible to manufacture. Auto industry superhero Carlos Ghosen has been called upon to try and revive Mitsubishi Motors the same way he revived Renault and Nissan. What recommendations would you give him to reposition this brand? Nissan and Renault CEO is concerned about the declining sales of the group sister company (investment…
Uncontrollable factors that affected the company were the decline demand for large construction equipment. In 1963, the Japanese government allowed foreign investors into the industry which prompted Caterpillar to announce its partnership with Mitsubishi. This became precarious situation for Caterpillar because Komatsu held more than 60% of the Japanese market. Due to this danger Caterpillar decided to penetrate the Japanese market through a joint venture with Mitsubishi. The result of this…
Exhibitimg confidence The way Mitsubushi handled the issue showed they had confidence with their dealings and a sense of calmness when they asked for royalty from Fusion so that they can use “its” patents in Japan. Commiting the Uncommited It was clear that Mitsubishi had infringed patent rights. They were found to have heavily relied on Fusions technology to create their own. 3. How has Fusion managed to retaliate successfully? Using the material on table 10.2, identify and describe three…
Chiyoda Corporation, Japan Alex Uchrin Contents History: 3 Some of the company’s Business Fields: 3 Green energy 3 Environmental protection 3 Pharmaceutical 4 Petrochemical 4 Refineries 4 Upstream 4 Global network: 5 Upcoming project: 5 MHI (Mitsubishi Heavy Industries), Chiyoda plans first offshore hydrogen plant 5 Bibliography 9 History: Chiyoda started out as a small two-story wooden building in Tokyo, with 25 employees, in 1948. The founder, Mr. Akiyoshi Tamaki, had been a…
(2012). TOP 50 WORLD CONTAINER PORTS.Available: http://www.worldshipping.org/about-the-industry/global-trade/top-50-world-container-ports. Last accessed 25th Sep 2012. Fereidun Fesharaki. (2011). Impact of Japanese crisis on LNG demand: short- and medium-term implications. Hydrocarbon Asia. April June (1), 38-40. Mitsubishi Corporation. (2012). Annual report 2012. Annual report 2012. 1 (1), 1-101. The SGS Group. (2009). LNG Carrier Leak Test Completed Outside Korea. Available:…
then have no oil to power their war machines making them easy to be defeated. Nonetheless, the bigger problem was that at the time of America planning to invade, Japan only had 30 Mitsubishi 0 planes to protect themselves. This leads to General Takijirō Onishi to implement Kamikaze, this would mark the first time that they order suicide plane attacks. These suicide attacks were able to happen because of the idea of shame in Japan and Japanese cultures. If the soldiers were not willing to defend…
"2015 Muscle Car & Corvette Nationals." Vette, vol. 40, no. 6, June 2016, p. 46. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&AuthType=cookie,ip,uid,url&db=mat&AN=113570661&site=ehost-live. "Mitsubishi Imiev All-Electric City Car Takes the Japanese Car of the Year 'Most Advanced Technology' Award." Hamilton Spectator, the (ON), n.d. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=n5h&AN=Q4K387603355009. Rob, Beintema. "An Old-Fashioned Muscle Car with Modern Technology."…
of air fan is cheaper. However, the performance of air conditioner is far more superior compared to air fan and portable air cooler. Air conditioner performs better in cooling large scale of environment whereas the substitutes are only capable of cooling down temperature for a very limited area (“4 Alternatives To”, 2013). Therefore, threat of substitute products is moderate. The final force is the rivalry among existing firms. In Malaysia, there are many brands of air conditioner competing.…
Mitsubishi Minica Lettuce — One of the longest running and smallest models produced by Mitsubishi was the Minica, a “kei” or city car introduced in 1962 and cancelled nearly six decades later after eight generational changes. Available as a coupe, sedan or a wagon, it wasn’t until the sixth generation was introduced that a special name was ascribed to a new model and thus the Minica Lettuce was born. T hat hatchback model with two doors on the passenger side and one door on the driver’s side…