On 1673, the founder Haruhiro Mitsui opened silk and satin shops in Edo (now Tokyo) and Kyoto, and later ran a money house. From the 65438+1920s, Mitsui Exchange Store, which is mainly engaged in currency exchange business, has become commercial capital plus usury capital; At the same time, he sponsored feudal princes, arranged contacts for Tokugawa shogunate, and became a wealthy businessman as a privileged businessman.

In the early years of Meiji regime, Mitsui family changed from privileged businessmen to political businessmen in the new era, ensuring that their identity and interests were not affected by regime change. 1876 in the early years of the Meiji Restoration, it was transferred to the new hospital, which was taken care of by the Meiji government, which controlled the national financial industry.

At this time, the Mitsui family mastered the government-run bank at that time by integrating Mitsui Exchange Store and its affiliated financial institutions, and opened its own private bank-Mitsui Bank. Mitsui Bank is the first private bank in Japan after the Meiji Restoration, and has been relying on Mitsui Bank to continuously expand its industrial scope since then.

With the implementation of the wartime system, Mitsui chaebol cooperated with military departments to expand their business to the military and occupied areas, and eventually developed into a big chaebol with 15 1 direct, mortgage and investment companies before World War II. Among them, the turnover of Mitsui & Co., Ltd. alone reached 3 billion yen in the early 1940s.

During World War II, Mitsui Bank, the core of Mitsui chaebol, merged with the First Bank of Japan and changed its name to Imperial Bank. Its operational strength soon surpassed that of Bank of An Tian, ranking first among the chaebol banks, which enabled the directly affiliated enterprises and affiliated enterprises of Mitsui monopoly chaebol to obtain stronger financial support and faster development opportunities through this bank merger.

By the end of World War II, the scale of Mitsui chaebol was 0.5 times that of 65438+ Mitsubishi chaebol, twice that of Sumitomo chaebol and about three times that of An Tian chaebol.

Mitsubishi chaebol

The history of Mitsubishi chaebol can be traced back to Iwasaki Yataro's transportation business in Tosa.

1870, Iwasaki Yataro served as the leader of 99 chambers of commerce in the Tosa Mountain Library (an organization responsible for storing and selling goods from all over the world) established by Tosa Fan in Horijiang, the western part of Osaka City.

187 1 year, Japan abolished the feudal system, set up counties, and 99 chambers of commerce became individual enterprises. So Iwasaki Yataro bought three ships from Tosa Francisco, established Mitsubishi Chamber of Commerce on 1873, and began to engage in shipping (later developed into a Japanese mail ship) and commerce (later developed into Mitsubishi Corporation).

Mitsubishi consortium started from shipping and commerce. In Koyata, Muiwasaki, the fourth generation, Mitsubishi Shipbuilding and Mitsubishi Paper were established in 19 17, Mitsubishi Corporation and Mitsubishi Mining were established in 19 18, and Mitsubishi Bank was established in19.

Since then, with the continuous war launched by Japan, the domestic demand for military products has surged, and Mitsubishi's industry has achieved unprecedented development.

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