Fuyo Group
Encyclopedia
is a Japan
ese keiretsu
.
The group emerged after World War II
as a continuation of the Yasuda zaibatsu. It coalesced around Fuji Bank
, and group presidents began meeting regularly in 1964. After Fuji Bank merged with Dai-Ichi Kangyo Bank
and Industrial Bank of Japan
to form Mizuho Bank
, the group's central firm became Yasuda Life Insurance, which has since become part of the Mitsubishi Group of companies as well.
Fuyo is Japanese for "lotus
" and comes from a classical reading of the name "Fuji."
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese keiretsu
Keiretsu
A is a set of companies with interlocking business relationships and shareholdings. It is a type of business group. The keiretsu has maintained dominance over the Japanese economy for the greater half of the twentieth century....
.
The group emerged after World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
as a continuation of the Yasuda zaibatsu. It coalesced around Fuji Bank
Fuji Bank
The was one of Japan's major banks during the post-World War II era. It combined with Dai-Ichi Kangyo Bank and the Industrial Bank of Japan in 2000 to form Mizuho Financial Group, and changed its name to Mizuho Corporate Bank in 2002 after transferring its retail banking operations to Mizuho...
, and group presidents began meeting regularly in 1964. After Fuji Bank merged with Dai-Ichi Kangyo Bank
Dai-Ichi Kangyo Bank
The , abbreviated as , was one of the largest banks in the world during the latter half of the 20th century. It combined with Fuji Bank and the Industrial Bank of Japan in 2000 to form Mizuho Financial Group....
and Industrial Bank of Japan
Industrial Bank of Japan
The , based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century.It combined with Dai-Ichi Kangyo Bank and Fuji Bank in 2002 to form Mizuho Financial Group.- History :...
to form Mizuho Bank
Mizuho Bank
is the core retail banking unit of Mizuho Financial Group, which is the second-largest financial services company in Japan and one of the three so-called Japanese "megabanks"...
, the group's central firm became Yasuda Life Insurance, which has since become part of the Mitsubishi Group of companies as well.
Fuyo is Japanese for "lotus
Nelumbo nucifera
Nelumbo nucifera, known by a number of names including Indian Lotus, Sacred Lotus, Bean of India, or simply Lotus, is a plant in the monogeneric family Nelumbonaceae...
" and comes from a classical reading of the name "Fuji."
Companies
- CanonCanon Inc.is a Japanese multinational corporation that specialises in the manufacture of imaging and optical products, including cameras, camcorders, photocopiers, steppers and computer printers. Its headquarters are located in Ōta, Tokyo, Japan.-Origins:...
(Fuji Bank) - HitachiHitachi, Ltd.is a Japanese multinational conglomerate headquartered in Marunouchi 1-chome, Chiyoda, Tokyo, Japan. The company is the parent of the Hitachi Group as part of the larger DKB Group companies...
(Shunkou), also part of Nissan GroupNissan GroupNissan Group , or formerly Nissan zaibatsu, is one of 15 of Japan's most powerful business groupings. Founded in 1928 by Yoshisuke Aikawa, the group was originally a holding company created as an offshoot of Kuhara Mining Co., which Aikawa had taken over as president of from his brother-in-law,...
. - JFE Holdings (Asano)
- Keihin Kyuko Electric Railway (Fuji Bank)
- MarubeniMarubeniis a Japanese trading company, one of the largest general trading companies in Japan.-Offices:*Head Office - 4-2, Otemachi 1-chome, Chiyoda, Tokyo, Japan*Head Office -20-6, Shiba 5-chome, Minato, Tokyo, Japan...
(Odate) - Matsuya (Nedsu)
- Meiji Yasuda Life Insurance (Yasuda)
- Mizuho Corporate BankMizuho Corporate Bank, or MHCB, is the corporate and investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese financial services conglomerate...
(Yasuda) - Mizuho Trust Bank (Yasuda)
- Nissan (Shunkou) - no longer considered part of the keiretsu, part of Nissan GroupNissan GroupNissan Group , or formerly Nissan zaibatsu, is one of 15 of Japan's most powerful business groupings. Founded in 1928 by Yoshisuke Aikawa, the group was originally a holding company created as an offshoot of Kuhara Mining Co., which Aikawa had taken over as president of from his brother-in-law,...
. - Oki Electric IndustryOki Electric Industry, commonly referred to as OKI, OKI Electric or the OKI Group, is a Japanese company manufacturing and selling info-telecom and printer products. Headquartered in Tokyo, Japan, OKI operates in over 120 countries around the world....
(Yasuda) - RicohRicohor Ricoh, is a Japanese company that was established in 1936 on February 6th, as , a company in the RIKEN zaibatsu. Its headquarters is located in Ricoh Building in Chūō, Tokyo....
(Riken) - Sapporo Beer (Nedsu)
- Sompo Japan InsuranceSompo Japan Insurance, or Sompo Japan , is a Japanese insurance company. It is the second-largest property insurance company in Japan only behind Tokio Marine, with market share of 19.3% in 2007....
(Yasuda), also part of Nissan GroupNissan GroupNissan Group , or formerly Nissan zaibatsu, is one of 15 of Japan's most powerful business groupings. Founded in 1928 by Yoshisuke Aikawa, the group was originally a holding company created as an offshoot of Kuhara Mining Co., which Aikawa had taken over as president of from his brother-in-law,...
. - Tobu RailwayTobu Railwayis a Japanese commuter railway company in the Greater Tokyo Area as well as an intercity and regional operator in the Kantō region. It operates in Tokyo, Saitama, Chiba, Tochigi, and Gunma Prefectures...
(Netsu) - Yamaha (Fuji Bank)