Book contents
- Frontmatter
- Contents
- Preface
- 1 Introduction: multinational enterprise
- 2 History, the social sciences and economic ‘theory’, with special reference to multinational enterprise
- 3 The changing form of multinational enterprise expansion in the twentieth century
- 4 Electrical research, standardisation and the beginnings of the corporate economy
- 5 The nature of multinationals, 1870–1939
- 6 International price maintenance: control of commodity trade in the 1920s
- 7 Financial operations of US transnational corporations: development after the Second World War and recent tendencies
- 8 Multinational enterprise – financing, trade, diplomacy: the Swedish case
- 9 Foreign penetration of German enterprises after the First World War: the problem of Überfremdung
- 10 International industrial cartels, the state and politics: Great Britain between the wars
- 11 Vickers and Schneider: a comparison of new British and French multinational strategies 1916–26
- 12 J. & P. Coats Ltd in Poland
- 13 Multinationals and the French electrical industry, 1889–1940
- 14 The Japanese cotton spinners' direct investments into China before the Second World War
- 15 Mitsui Bussan during the 1920s
- 16 Japanese business in the United States before the Second World War: the case of Mitsui and Mitsubishi
- 17 The state and private enterprise in the United States–Latin American oil policy
- 18 Transnational corporations and the denationalization of the Latin American cigarette industry
- 19 Summary: Reflections on the papers and the debate on multinational enterprise: international finance, markets and governments in the twentieth century
- Index of names
- Index of firms
- Index of subjects
16 - Japanese business in the United States before the Second World War: the case of Mitsui and Mitsubishi
Published online by Cambridge University Press: 04 August 2010
- Frontmatter
- Contents
- Preface
- 1 Introduction: multinational enterprise
- 2 History, the social sciences and economic ‘theory’, with special reference to multinational enterprise
- 3 The changing form of multinational enterprise expansion in the twentieth century
- 4 Electrical research, standardisation and the beginnings of the corporate economy
- 5 The nature of multinationals, 1870–1939
- 6 International price maintenance: control of commodity trade in the 1920s
- 7 Financial operations of US transnational corporations: development after the Second World War and recent tendencies
- 8 Multinational enterprise – financing, trade, diplomacy: the Swedish case
- 9 Foreign penetration of German enterprises after the First World War: the problem of Überfremdung
- 10 International industrial cartels, the state and politics: Great Britain between the wars
- 11 Vickers and Schneider: a comparison of new British and French multinational strategies 1916–26
- 12 J. & P. Coats Ltd in Poland
- 13 Multinationals and the French electrical industry, 1889–1940
- 14 The Japanese cotton spinners' direct investments into China before the Second World War
- 15 Mitsui Bussan during the 1920s
- 16 Japanese business in the United States before the Second World War: the case of Mitsui and Mitsubishi
- 17 The state and private enterprise in the United States–Latin American oil policy
- 18 Transnational corporations and the denationalization of the Latin American cigarette industry
- 19 Summary: Reflections on the papers and the debate on multinational enterprise: international finance, markets and governments in the twentieth century
- Index of names
- Index of firms
- Index of subjects
Summary
Introduction
General trading companies (sogo shosha) have begun to attract the interest of scholars because of their unique role and importance in the Japanese economy. The general trading company is a very unique economic institution. It is called a general trading company, not simply a trading company. There are various kinds of definitions of the general trading company. One example is that of Yoshio Togai who defines the general trading company as an economic institution that has the following characteristics:
Having a wide variety of product lines.
Having a lot of domestic and overseas branches as well as engaging in domestic trade, export, import, and trade between countries other than Japan.
Having a large transaction volume.
Having to play the role of organiser of industry, on the one hand, by supplying machinery, technology, and materials, and on the other hand, by developing markets for its final products.
Having the nature of holding companies which have a lot of subsidiary and affiliated companies.
There are no comparable economic institutions in the Western world. By the time of the Second World War some of the trading companies had already assumed the characteristics of general trading companies.
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- Historical Studies in International Corporate Business , pp. 177 - 190Publisher: Cambridge University PressPrint publication year: 1989
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