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Mitsubishi is one of the largest companies in Japan.

The first Mitsubishi company was a shipping firm that Yataro Iwasaki established in 1870. In 1873 it took the name Mitsubishi Shokai (三菱商会). The name Mitsubishi (三菱) means 'three rhombi', which is reflected in the company's logo.

That company soon diversified into coal mining, shipbuilding, banking, insurance, warehousing, and trade. Later diversification carried the organization into such sectors as paper, steel, glass, electrical equipment, aircraft, oil, and real estate. As Mitsubishi built a broadly based conglomerate, it played a central role in the modernization of Japanese industry.

At the start of the 20th Century the company, which by itself accounted for over half of the Japanese merchant fleet, entered into a period of diversification that would eventually result in the creation of three entities:

Mitsubishi split itself into independent companies in 1946 under the postwar government policy of decentralizing industry. The newly independent companies used their accumulated technology and other strengths to pursue growth under separate business models. As independent corporations, the Mitsubishi companies cooperated in some ventures, as in petrochemicals and nuclear power, and competed with each other in other sectors.

Today all of the following companies count themselves as a Mitsubishi company:

Related Links

Mitsubishi Watch
Tracks Mitsubishi group activities related to workplace racial, gender (sex), age, disability discrimination and harassment; consumer complaints and fraud; environmental concerns like rainforest destruction, deforestation, biotechnology, nuclear plants; slave labor and other such issues.
Workplace Racial Discrimination at Mitsubishi, Japan
Detailed account of how an Indian worker was lured to Japan and discriminated and harassed and how that led to a human rights lawsuit.