| The keiretsu system of interlocking cross-corporate ownership made it next to impossible to identify the real owners of Japanese capital. |
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| As keiretsu relationships undergo dissolution or restructuring, western suppliers, pre-sourced in global platforms, are eyeing the possibilities. |
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| One of the premier advantages to keiretsu strategies is that it toughens the conglomerate against takeovers and drastic losses. |
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| Until the mid-1990s about half of equities in Japan were held by banks, a legacy of the keiretsu cross-shareholding networks. |
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| This argument's validity can be deduced from the experiences of some of Japan's keiretsu, which share many characteristics with Korea's chaebol. |
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| Korean conglomerates are known as chaebols and were introduced by the Japanese during their occupation, as a copy of the Japanese keiretsu. |
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| It's a system that locks together the interests of venture capitalists, bankers, lawyers, and entrepreneurs, much like Japan's keiretsu. |
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| He said Singapore banks should avoid the problem now posed by Japan's keiretsu system, which links a group of companies with a main bank. |
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| Once bitter rivals, they were effectively forced together as the unwinding of Japan's keiretsu led to increased rivalry at home. |
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| The weak control over lending was allowed because of the keiretsu tradition, which links companies with their banks via complex cross-shareholdings. |
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| Both keiretsu have their origins in pre-war zaibatsu, the giant holding companies that then dominated the economy. |
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| Traditionally, the vast majority of Japanese companies have been members of keiretsu business groups, in which participants hold a majority of one another's shares. |
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| They're looking at a Japanese style of business, a keiretsu. |
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| Complicated cross-shareholdings in the keiretsu style are typical in Asia, where controlling families and their cronies siphon much wealth away from shareholders. |
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| Now, the proud name of Mitsubishi, the most blue-blooded of the big keiretsu, faces further disgrace. The bigger shock may, however, be the wider damage to the national brand. |
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| Each of the six largest main banks serves as the focal point of a keiretsu network. |
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| This is often referred to as a horizontal grouping or capital keiretsu because of the close financial ties. |
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| He notes that in many cases, keiretsu involves not only century-old business relationships, but also financial cross-shareholdings. |
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| They can become flabby and lossmaking, as in the case of Japan's keiretsu. |
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| Nor is there much pressure from big shareholders to increase profits: the cross-shareholdings of the keiretsu come with an implicit non-aggression pact. |
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| For example, keiretsu arrangements, consisting of interlocking industrial, financial, and trading companies, exclude outsiders and stifle competition. |
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| Recent complaints about the Japanese business groups known as keiretsu once again make an antitrust issue of shareholding ties between trading partners. |
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| We aim here for a better understanding of the Japanese keiretsu. |
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