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JREF Top > Society > Economy > Japanese companies > Mitsui

The Mitsui Group 三井財閥 History Mitsui is one of those families which like the Rotschild and Vanderbilt in the US and Europe, invoke wealth and power. As a matter of fact, Mitsui was the largest zaibatsu by the end of World War II, controlling 273 companies. Everything started with Takatoshi Mitsui (1622-1694). Son of a shopkeeper from Matsuzaka (Mie prefecture), Takatoshi moved to Tokyo with his brother when he was 14 to open a second shop. In 1673, he opened a kimono shop called Gofukuya (呉服屋) in Nihombashi. It still exists and has since become the famous Mitsukoshi (三越). Note that the first kanji "三" stands for Mitsui. In 1683, Takatoshi started an exchange shop. The Edo government made use of Mitsui's services to facilitate the transfer of funds mainly from Osaka. Good relations with the Edo, then Meiji governments helped Mitsui prosper. In modern times, Mitsui business empire relied mainly on three subsidiaries : Mitsui Banking, Mitsui Trading and Mitsui Mining. Banking In 1876, Mitsui founded Japan's first private bank. The Mitsui Bank merged with the Dai-Ichi Bank to form the Teikoku Bank in 1943, but restored its name to Mitui Bank in 1954. It subsequently merged with Toto bank in 1968, then Taiyo Kobe Bank in 1990 and was renamed Sakura Bank in 1992. It merged with Sumitomo bank in 2001 to form the Mitsui-Sumitomo Banking Corporation (SMBC). SMBC absorbed the Wakashio Bank in 2003. Mitsui Group 三井グループ Company Name Mitsui Matsushima Mesco Sumiken Mitsui Road Mitsui Home Shin Mitsui Sugar Mitsui Mining Mitsui Chemicals Mitsui Knowledge Industry Mitsui Mining & Smelting MODEC Mitsui Hi-tech Mitsui Eng. & Shipbuilding Mitsui & Co. Mitsui Trust Holdings Sumitomo-Mitsui Financial Gr. Sumitomo-Mitsui Insurance Sumitomo-Mitsui Construction Mitsui Fudosan Mitsukoshi Toray Mitsui O.S.K. Lines Mitsui Soko Mitsui Greenland Headquarters Address 1-1-12 Otemon, Chuo-ku, 810-8527 Fukuoka 2-10-5 Ryogoku, Sumida-ku, 130-8531 Tokyo 13-37 Yochomachi, Shinjuku-ku, 162-0055 Tokyo 2-24-1 Nishi-Shinjuku, Shinjuku-ku, 160-0023 Tokyo 2-8-2 Nihombashi Honcho, Chuo-ku, 103-8423 Tokyo 3-3-3 Toyosu, Koto-ku, 135-6007 Tokyo 1-5-2 Higashi Shimbashi, Minato-ku, 105-7117 Tokyo 2-7-14 Higashi-Nakano, Nakano-ku, 164-8555 Tokyo 1-11-1 Oozaki, Shinagawa-ku, 141-8584 Tokyo 4-2-8 Obinata, Bunkyo-ku, 112-0006 Tokyo 2-10-1 Komine, Yahatanishi, 807-8588 Kita-Kyushu 5-6-4 Tsukiji, Chuo-ku, 104-8439 Tokyo 1-2-1 Otemachi, Chiyoda-ku, 100-0004 Tokyo 3-33-1 Shiba, Minato-ku, 105-8574 Tokyo 1-1-2 Yurakucho, Chiyoda-ku, 100-0006 Tokyo 2-27-2 Shinkawa, Chuo-ku, 104-8252 Tokyo 13-4 Arakicho, Shinjuku-ku, 160-8577 Tokyo 2-1-1 Nihombashi Muromachi, Chuo-ku, 103-0022 Tokyo 1-4-1 Nihombashi Muromachi, Chuo-ku, 103-8001 Tokyo 2-2-1 Nihombashi Muromachi, Chuo-ku, 103-8666 Tokyo 2-1-1 Toranomon, Minato-ku, 105-8688 Tokyo 3-22-23 Kaigan, Minato-ku, 108-0022 Tokyo 1616 Shimoide, 864-8691 Arai City (Kumamoto) Employees 499 240 459 3,701 624 - 12,316 926 9,583 156 2,475 10,890 39,283 8,739 43,813 16,037 5,787 12,965 - 33,030 7,180 2,864 389

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