The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 132 |
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companies through stockholding or otherwise. 5
122
Trading companies of other Zaibatsus. There are
five or six second biggest trading companies, two of which
belong to the Sumitomo group. Among them, the Marubeni-
Iida is an interesting example of a trading company which
has grown big by a consolidation sponsored by a bank. The
Marubeni Shoji and the Takashimaya-Iida had had no former
connection whatsoever with each other and had nothing in
common except that both had borrowed money mainly from the
Fuji Bank (the former Yasuda Bank), and still the bank has
sponsored the consolidation of the two and succeeded in
bringing it about. Having had no pre-war connection with
either of the two companies, no personnel tie, or no significant
shareholding, the bank had only its loans to them
with which it could exercise its influence in the matter.
This consolidation has proved very successful because the
two had different strong points and geographically dif-ferent
markets under their command. The re-formation of
Yasuda-Asano Zaibatsu with the Fuji Bank as its central
bank has been given a great impetus and vigor by the
^Editorial Staff, "Analysis of the Powers of Big Banks," The Economist. 32-(l5)s*+7, April 10, 195*+»
6News item in The Asahi News. February 19, 1955•
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| Title | The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 132 |
| Repository email | cisadmin@lib.usc.edu |
| Full text | companies through stockholding or otherwise. 5 122 Trading companies of other Zaibatsus. There are five or six second biggest trading companies, two of which belong to the Sumitomo group. Among them, the Marubeni- Iida is an interesting example of a trading company which has grown big by a consolidation sponsored by a bank. The Marubeni Shoji and the Takashimaya-Iida had had no former connection whatsoever with each other and had nothing in common except that both had borrowed money mainly from the Fuji Bank (the former Yasuda Bank), and still the bank has sponsored the consolidation of the two and succeeded in bringing it about. Having had no pre-war connection with either of the two companies, no personnel tie, or no significant shareholding, the bank had only its loans to them with which it could exercise its influence in the matter. This consolidation has proved very successful because the two had different strong points and geographically dif-ferent markets under their command. The re-formation of Yasuda-Asano Zaibatsu with the Fuji Bank as its central bank has been given a great impetus and vigor by the ^Editorial Staff, "Analysis of the Powers of Big Banks," The Economist. 32-(l5)s*+7, April 10, 195*+» 6News item in The Asahi News. February 19, 1955• |
