Empire of JapanThe Empire of Japan or Japanese Empire, also referred to as Imperial Japan, was the Japanese nation-state that existed from the Meiji Restoration in 1868 until the enactment of the reformed Constitution of Japan in 1947. From 29 August 1910 until 2 September 1945, it administered the naichi (the Japanese archipelago and post-1943 Karafuto) and the gaichi (Korea, Taiwan, Kwantung Leased Territory, and pre-1943 Karafuto). The South Seas Mandate was a single Japanese dependent territory in the name of the League of Nations.
ZaibatsuZaibatsu is a Japanese term referring to industrial and financial vertically integrated business conglomerates in the Empire of Japan, whose influence and size allowed control over significant parts of the Japanese economy from the Meiji period to World War II. A zaibatsu general structure included a family-owned holding company on top, and a bank which financed the other, mostly industrial subsidiaries within them.
CarA car, or an automobile is a motor vehicle with wheels. Most definitions of cars say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people, not cargo. French inventor Nicolas-Joseph Cugnot built the first steam-powered road vehicle in 1769, while French-born-Swiss inventor François Isaac de Rivaz designed and constructed the first internal combustion powered automobile in 1808. The modern car—a practical, marketable automobile for everyday use—was invented in 1886, when German inventor Carl Benz patented his Benz Patent-Motorwagen.
Mitsuiis one of the largest keiretsu in Japan and one of the largest corporate groups in the world. The major companies of the group include Mitsui & Co. (general trading company), Sumitomo Mitsui Banking Corporation, Nippon Paper Industries, Pokka Sapporo Holdings, Toray Industries, Mitsui Chemicals, Isetan Mitsukoshi Holdings, Sumitomo Mitsui Trust Holdings, Mitsui Engineering & Shipbuilding, Mitsui O.S.K. Lines and Mitsui Fudosan. Founded by Mitsui Takatoshi (1622–1694), who was the fourth son of a shopkeeper in Matsusaka, in what became Mie prefecture.
Japanese economic miracleThe Japanese economic miracle refers to Japan's record period of economic growth between the post-World War II era and the end of the Cold War. During the economic boom, Japan rapidly became the world's second-largest economy (after the United States). By the 1990s, Japan's population demographics had begun to stagnate, and the workforce was no longer expanding as quickly as it had in the previous decades despite per-worker productivity remaining high.
Meiji eraThe Meiji era is an era of Japanese history that extended from October 23, 1868 to July 30, 1912. The Meiji era was the first half of the Empire of Japan, when the Japanese people moved from being an isolated feudal society at risk of colonization by Western powers to the new paradigm of a modern, industrialized nation state and emergent great power, influenced by Western scientific, technological, philosophical, political, legal, and aesthetic ideas.
Atomic bombings of Hiroshima and NagasakiOn 6 and 9 August 1945, the United States detonated two atomic bombs over the Japanese cities of Hiroshima and Nagasaki. The bombings killed between 129,000 and 226,000 people, most of whom were civilians, and remain the only use of nuclear weapons in an armed conflict. Japan surrendered to the Allies on 15 August, six days after the bombing of Nagasaki and the Soviet Union's declaration of war against Japan and invasion of Japanese-occupied Manchuria. The Japanese government signed the instrument of surrender on 2 September, effectively ending the war.
Automotive industryThe automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860–1930), first came into use with reference to automobiles in 1898.
KeiretsuA keiretsu is a set of companies with interlocking business relationships and shareholdings that have dominated the Japanese economy since the second half of the 20th century. In the legal sense, it is a type of informal business group that are loosely organized alliances within the social world of Japan's business community. It rose up to replace the zaibatsu system that was dissolved in the Occupation of Japan following the Second World War, and, though their influence has shrunk since the late 20th century, they continue to be important forces in Japan's economy in the early 21st century.
Mitsubishi Motorsis a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth-largest Japanese automaker and the 19th-largest worldwide by production. Since October 2016, Mitsubishi has been one-third (34%) owned by Nissan, and included in the Renault–Nissan–Mitsubishi Alliance. Besides being part of the Renault–Nissan–Mitsubishi Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan.
