American Heritage® Dictionary of the English Language, Fourth Edition
- n. 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.
- Japanese 系列 (Wiktionary)
- Japanese, series, affiliation : kei, system + retsu, row, line. (American Heritage® Dictionary of the English Language, Fourth Edition)
“The keiretsu are the key to understanding the jimusho system, but unfortunately, this is also the most oblique characteristic of the field to measure and observe.”
“As one Japanese diplomat put it rather candidly, "Japan is creating an exclusive Japanese market in which Asia Pacific nations are incorporated into the so-called keiretsu [financial-industrial bloc] system.”
“Japan's unique form of capitalism, based as it is on huge industrial groups called keiretsu, is beginning to fade.”
“The Japanese call it keiretsu; the Koreans say chaebol; the Russian word is semibankirshchina; and the Americans label the cozy arrangement among industrialists, bankers and government officials crony capitalism.”
“A keiretsu is a Japanese industrial grouping that involves long-term relationships and interlocking ownership.”
“The result is an extended organization — an integrated value chain — known as a keiretsu.”
“In Japan, banks are usually the nexus of a cross-share holding entity known as the keiretsu.”
“The world's biggest carmaker, which has two manufacturing sites in Canada, may return to its traditional Japanese suppliers, known as the keiretsu suppliers, while it seeks to regain control of the quality on which its reputation was built, they said.”
“Many of the largest companies are banded together into business groups called keiretsu, reinforced by cross-shareholdings, which can insulate underperforming firms from business and shareholder pressures.”
“Also missed were the structural limitations of Japan's "keiretsu" or cartels, most of which are illegal but exist as an open dirty secret.”
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The opposite of wasei-eigo; Japanese words used in English.
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