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zaibatsu Definitions

noun

a japanese ‘money clique' or conglomerate; in the united states, any large corporation.

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  • in 1937 the four leading zaibatsu controlled directly one third of all bank deposits, one third of all foreign trade, one half of japan's shipbuilding and maritime shipping, and most of the heavy industries. they maintained close relations with the major political parties. after japan's surrender (1945) in world war ii, the breakup of the zaibatsu was announced as a major aim of the allied occupation, but in the 1950s and 1960s groups based on the old zaibatsu reemerged as keiretsu. the decision on the part of these groups in the post–world war ii era to pool their resources greatly influenced japan's subsequent rise as a global business power. factmonster.com

  • in 1937 the four leading zaibatsu controlled directly one third of all bank deposits, one third of all foreign trade, one half of japan's shipbuilding and maritime shipping, and most of the heavy industries. they maintained close relations with the major political parties. after japan's surrender (1945) in world war ii, the breakup of the zaibatsu was announced as a major aim of the allied occupation, but in the 1950s and 1960s groups based on the old zaibatsu reemerged as keiretsu. the decision on the part of these groups in the post–world war ii era to pool their resources greatly influenced japan's subsequent rise as a global business power. infoplease.com