Britannica AI Icon

Mitsubishi Commercial Company

Japanese company
Also known as: Mitsubishi Shōkai

Quick Summary

The Mitsubishi Commercial Company (Mitsubishi Shōkai) was established in 1873 by Iwasaki Yatarō as a trading and shipping firm, becoming Japan's largest in its field with government support. It expanded into mining, finance, shipbuilding, and more, eventually organizing as a family-owned holding company, Mitsubishi, Ltd..1

After World War II, the Mitsubishi zaibatsu (business combine) was dissolved by U.S. occupation authorities. The companies re-formed into the Mitsubishi Group, a consortium of independent companies characterized by informal policy coordination rather than central family control. Today, Mitsubishi Group comprises numerous companies, many of which are multinational corporations with overseas operations.1

Summary created from Britannica articles using AI. AI can make mistakes, so verify using Britannica articles.
2 Britannica Sources
  1. Mitsubishi Group
  2. Mitsui Group

Ask Britannica AI about this topic

Britannica doesn't have a full article on this topic, so we've curated a list of our relevant coverage.