Mitsubishi biography

Ivasaki Yataro in the year a purposeful young man named Ivasaki Yataro Iwasaki Yataro founded the navigable company Mitsubishi. Japan has just dropped the shackles of feudal isolation and was in a hurry to catch up with the Western countries in terms of development. Yataro's business was growing rapidly, and gradually he began to master new industries and trade. After the Second World War, Mitsubishi broke up.

However, independent companies that have grown on the foundation of the old Mitsubishi company still exist in most industries. Yataro Ivasaki was born in the city of Koti on the island of Sikoku, in which the powerful Tos clan lived. He worked on this clan and succeeded in conducting trade with Osaka. In the year, he founded his own shipping company Tsukumo Shokai. The first three steamers of the company was provided by the Tos clan.

Thus began the story of Mitsubishi. Photos provided by Mitsubishi archives. The origin of the emblem of the three rhombuses on one of the ships in the year the company's name changed on Mitsukawa Shokai, and the name Mitsubishi Shokai appeared in the year. Yataro united three oak sheets from the coat of arms of the Tos clan and three rhombuses from his own family coat of arms in the company's emblem.

This emblem gave the name of the company, mitsubishi, which means "three rhombuses." In the year, Yataro helped his country, providing ships to transport Japanese troops in Taiwan. The government generously thanked him, giving 30 ships. In the year, Yataro again changed the company's name on Mitsubishi Mail Steamship, having received at his disposal resources and employees of the postal service disbanded by the government.

Quick take -off. The first difficulties of one of the ships of Yataro, the Tokyo-MARA wheel steamer Mitsubishi Mail Steamship began to provide services to China and Russia, actually monopolizing foreign routes.

However, in the beginning of the x, the government policy changed, and it began to finance Mitsubishi rivals. The followed competition almost ruined both companies. The intervention of the state brought only a temporary truce. Cruel rivalry resumed after the death of Yataro in the year. The company was then headed by his brother, Yenosuke Yanosuke. The government put an end to hostility, uniting companies in the year.

So the largest Japanese nippon yusen navigation company was created. Today she is known as Nyk Line. From shipping to new horizons, coal mining to Nagasaki at the Takasima mine, while competition increased at sea, Mitsubishi unfolded activities on land. The company bought Yoshioka Mine for copper mining in Akita and the coal mine Takasima in Nagasaki.

In the year, the company rented a shipbuilding shipyard Nagasaki Shipbuilding Yard from the state, which later designed the first steel steel steel steel in Japan. Mitsubishi grew and developed new enterprises under the sole rule of Yenosuke Ivasaki. He acquired even more mines at which resources were mined for Mitsubishi and the developing industry of Japan.

In addition, Yenosuke removed the word "Steamship" from the name of the company. In the year, he bought a swampy area near the Imperial Palace at a price of 1 million US dollars for 80 acres. Investments of Yenosuke, which seemed unreasonable at that time, are billions of dollars today. Having received education at the University of Pennsylvania, he transformed the structure of Mitsubishi to support the developing structure of the enterprise.

He formed the units responsible for the banking sphere, real estate, trade and management, as well as mining industry and shipbuilding. Some of the private investment of Hisai are now part of the Mitsubishi group of companies. He also supported the foundation of the Kirin Brewery brewery. His cousin, Toshia Toshiya, founded the company ASAHI GLASS, the first successful leaf glass production enterprise in Japan.

The management of Mitsubishi was again revised by the son of Yenosuke, Koyata, who headed the company after Hisai in the year. Koyata, who graduated from Cambridge University, approved the status of units as semi -autonomous companies. Under his leadership, Mitsubishi became a leader in sectors such as the production of machines, electrical equipment and chemicals. The companies that are now part of Mitsubishi Heavy Industries produced cars, planes, tanks and buses.

In turn, Mitsubishi Electric has become a leading company for the production of electrical equipment and household appliances. A departure from the Concept of the Family Business Self -propelled three -wheeled car from Mitsubishi Heavy Industries The Ivasaki family refused to fully control the Mitsubishi company, openly placing the holding head company. By the end of the Second World War, more than half of the stakes placed in the hands of third -party investors were concentrated.

Koyata Ivasaki called on the company's employees not to succumb to Xenophobic moods that swept Japan during the war. We have common business and common interests.As soon as the world comes, we will again become good and faithful friends. ” The paths diverged the Central District of Marunoiti, Tokyo - the location of most Mitsubishi companies after the war, the allied occupation forces demanded that Japan get rid of large industrial enterprises.

Mitsubishi headquarters were dismissed on September 30, and most Mitsubishi companies broke up into small enterprises. The trading industry was divided into companies. Mitsubishi Heavy Industries has turned into three regional firms. Most of Mitsubishi was forced to abandon the name and emblem under pressure from the occupation forces. With the outbreak of the war in Korea, the occupation policy has sharply changed to reconstruction in the field of economics and industry.

Some Mitsubishi companies were able to recover and returned to the old name and logo again. But at the same time, they retained their autonomy. Independent companies have achieved much more than they could someday achieve in one organization. At the same time, a sense of cohesion caused by a common history and corporate culture still has a beneficial effect on them.

The text and photos are provided by the Mitsubishi public relations Committee. Links on the topic.