The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 124 |
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lib
charaeteristics.
The Mitsui Bussan was "broken down to about one
hundred seventy small independent companies, and the
Mitsubishi Shoji to about one hundred twenty. As the
result, their advantages as mentioned above were all lost,
and the small trading companies thus created competed with
each other and fell one after another even with slight
market fluctuations, which they would have certainly survived
if not dissolved. Unable to open branch offices
overseas due to their small size, they were like a blind
man thrown onto the bustling street of the world market.
IV. THE MOVE TOWARD CONSOLIDATION
Under such circumstances as described above, it is
no wonder that these small trading companies yearned for
the "good old days" and came to regard the consolidation
as the only way out from their plight. By becoming one big
company, the exhausting competition among themselves would
disappear, the commodities handled would become multitudinous,
thereby proofing it against fluctuation, the amount
of business would increase warranting the maintenance of
branch offices overseas, financial power would also
increase, reputation and goodwill would be restored, and
economy in personnel and overhead expenses would result.
Object Description
Description
| Title | The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 124 |
| Repository email | cisadmin@lib.usc.edu |
| Full text | lib charaeteristics. The Mitsui Bussan was "broken down to about one hundred seventy small independent companies, and the Mitsubishi Shoji to about one hundred twenty. As the result, their advantages as mentioned above were all lost, and the small trading companies thus created competed with each other and fell one after another even with slight market fluctuations, which they would have certainly survived if not dissolved. Unable to open branch offices overseas due to their small size, they were like a blind man thrown onto the bustling street of the world market. IV. THE MOVE TOWARD CONSOLIDATION Under such circumstances as described above, it is no wonder that these small trading companies yearned for the "good old days" and came to regard the consolidation as the only way out from their plight. By becoming one big company, the exhausting competition among themselves would disappear, the commodities handled would become multitudinous, thereby proofing it against fluctuation, the amount of business would increase warranting the maintenance of branch offices overseas, financial power would also increase, reputation and goodwill would be restored, and economy in personnel and overhead expenses would result. |
