keiretsu

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[They do suffer, however, from the fact that a part of the Koizumi program, ending the incestuous relationship between banks and Japan's major companies through the keiretsu - old zaibatsu - "corporate family" ties, is still in its infancy.]

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Definitions (1)

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  1. noun A network of businesses that own stakes in one another as a means of mutual security, especially in Japan, and usually including large manufacturers and their suppliers of raw materials and components.

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Examples (23)

  • [They do suffer, however, from the fact that a part of the Koizumi program, ending the incestuous relationship between banks and Japan's major companies through the keiretsu - old zaibatsu - "corporate family" ties, is still in its infancy.] —  News On Japan
  • It is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries. —  ACN Newswire
  • The Japanese government and keiretsu, or conglomerates, planned and cooperated closely in the transfer of corporate industrial facilities to Southeast Asia.
  • South Korean chaebols, Japanese keiretsu, as well as American conglomerates frequently used these cheap funds to prop up their stock or to invest in real estate, driving prices up in both markets artificially.
  • He thoroughly reviewed the "keiretsu" business partnerships that characterize Japanese-style management and conducted large-scale workforce cuts. —  Business - BostonHerald.com
 

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Etymologies (1)

Toggle American Heritage etymologies American Heritage Dictionary (1)

  1. Japanese, series, affiliation : kei, system + retsu, row, line.
 

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