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Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group traces its origins to the Mitsubishi zaibatsu, a unified company that existed from 1870 to 1946. The company, along with other major zaibatsu, was disbanded during the occupation of Japan following World War II by the order of the Allies .
The current Mitsubishi Corporation was founded by the merger of these three companies to form Mitsubishi Shoji Kaisha, Ltd. in 1954; Mitsubishi listed on the Tokyo Stock Exchange and Osaka Stock Exchange in the same year. It changed its name to "Mitsubishi Corporation" in 1971. [6]
Mitsubishi Motors went public in 1988, ending its status as the only one of Japan's 11 auto manufacturers to be privately held. Mitsubishi Heavy Industries agreed to reduce its share to 25%, retaining its position as largest single stockholder. Chrysler, meanwhile, increased its holding to over 20%.
Thus, the success of Mitsubishi became intertwined with the rise of the modern Japanese state and economy and one of the "Big Four" zaibatsu companies. In 1885, a merger of Mitsubishi shipping activities with competitor Kyodo Unyu Kaisha (founded 1882) led to the adoption of the company's name Nippon Yusen Kabushiki Kaisha, or 'NYK' in short ...
Mitsubishi's North American R&D facility in Ann Arbor, Michigan in 2010 2015 was a record setting year for MMNA, selling five million vehicles to date and 95,342 for the year in the United States, continuing a streak of 22 consecutive months of year-over-year sales increases and a 23 percent sales increase over the previous year.
The works was renamed Mitsubishi Shipyard of Mitsubishi Goshi Kaisha in 1893 and additional dry docks were completed in 1896 and 1905. [7] The "Mitsubishi Heavy Industries - Shimonoseki Shipyard & Machinery Works" was established in 1914. It produced industrial machinery and merchant ships. [10] The launch of battleship Tosa at the Nagasaki ...
Banca Monte dei Paschi di Siena in Siena, Italy, is the oldest surviving bank in the world and Italy's third largest bank. It was founded in 1472. The Raeapteek in the center of Tallinn city, Estonia is one of the oldest continuously running pharmacies in Europe, having always been in business in the same exact house since the early 15th ...
Pages in category "Mitsubishi companies" The following 54 pages are in this category, out of 54 total. ... This page was last edited on 29 September 2019, ...