著者
三島 康雄
出版者
経営史学会
雑誌
経営史学 (ISSN:03869113)
巻号頁・発行日
vol.38, no.2, pp.1-26, 2003-09-25 (Released:2009-11-06)

Kyodo Gyogyo Fisheries Company developed into the biggest fishing company in Japan, owning 71.6% of trawlers in the 1930s. It decided to expand into shrimp trawling off the west coast of Mexico in 1934. Since 1929, the soga shosha Mitsui Bussan had imported Galveston shrimp, caught in the Gulf of Mexico, in the United States. Shrimps were a profitable business, and Mitsui expanded its business to the Gulf of California and bought large quantities of shrimp from Mexican cooperatives at Guaymas. Kyodo's trawlers also used Guaymas as a fishing base and came into conflict with Mitsui. But in February 1937, the two companies launched a US$19, 000 joint venture called the Guaymas Project. The venture failed after half a year when Mitsui withdrew, fearing no future in the importing of shrimp because of strict foreign exchange controls by the Japanese Ministry of Finance.In September 1937, Nippon Suisan's Mexican office asked the San Francisco office of the soga shosha Mitsubishi Shoji to sell its shrimp and provide financial assistance. Their relationship was good, but with increased sales in the United States, Kyodo, renamed Nippon Suisan in 1937, depended more and more on Mitsubishi for both sales and finances. Mitsubishi gradually left the sales business in the hands of American brokers, while taking a 5% commission but providing insufficient financial support. In July 1940, Nippon Suisan sought to restructure its Los Angeles office to sell directly to American brokers on the West Coast and dismantle the sales system dependent on Mitsubishi. But until September 1940, Mitsubishi continued to control 100% of sales of two fisheries companies, Nippon Suisan and the late-coming Hayashikane Shoten. The trawling of shrimp was prohibited by the Mexican government in September 1940, a move supported by popular nationalist sentiment in Mexico.
著者
三島 康雄
出版者
経営史学会
雑誌
経営史学 (ISSN:03869113)
巻号頁・発行日
vol.18, no.2, pp.23-51,ii, 1983-07-30 (Released:2009-11-06)

The origin of Yamaguchi Zaibatsu was opened by Kichirobei Yamaguchi (first) as a draper at Osaka in 1824. Kichirobei (second) changed his business to money-changer in 1863. After the Meiji Restoration, Yamaguchi family established 148th National Bank in 1879, and this bank changed to private. Yamaguchi Bank in 1898. Thereafter, Yamaguchi family invested to Nihon Seimei (life insurance), Osaka Chochiku Ginko (savings bank), Kansai Shintaku (trust company), Kyodo Kasai Kaijo (fire and marin insurance) and so on. Yamaguchi family established Yamaguchi Limited Partnership (¥10, 000, 000) as holding company in 1920 and formed Yamaguchi Zaibatsu. It had developed as a middle-scale financial Zaibatsu untill the end of second World War. The reasons of development were : 1. delegations of management power to able managers, 2. good selections of investments to stable financial and insurance companies, 3. effective utilizing of capitals by reducing the percentage of investment to 10-50% in all capitals of these companies. After the second World War, Yamaguchi Zaibatsu was not designated to Zaibatsu holding company by the Supreme Commander of Allied Forces, but it was going way of dissolution by the huge property tax, and the decreasing of values of holding stocks. Yamaguchi Limited Partnership closed its 30 years history in 1950.
著者
三島 康雄
出版者
経営史学会
雑誌
経営史学 (ISSN:03869113)
巻号頁・発行日
vol.15, no.1, pp.1-27,i, 1980-04-30 (Released:2009-11-06)

Syozo Kawasaki, the founder of Kawasaki Shipyard, died in 1912. Kawasaki Sohonten (limited partnership), the holding company of Kawasaki family, was founded by his daughter and grandsons in 1920. While Kojiro Matsukata, the president of Kawasaki Shipyard since 1896, founded Matsushokai in 1920, his own holding company. And Matsushokai held increasingly more stocks of Kawasaki Shipyard than Kawasaki Sohonten. Matsukata brothers operated many companies of shipbuilding, iron manufacturing, sugar refining and machine manufacturing. These companies borrowed much funds from Jugo-Ginko, whose president was Iwao Matsukata, their eldest brother.Both of Kawasaki and Matsukata family came from Kagoshima prefecture, so this group of businesses was called Sasshu (old name of Kagoshima) Zaibatsu. All of these companies overborrowed and overinvested at the period of financial panic in 1927, so they were on the brink of ruin. The family of Kawasaki and Matsukata retired from their companies and thus Sasshu Zaibatsu collapsed at that time.
著者
三島 康雄
出版者
経営史学会
雑誌
経営史学 (ISSN:03869113)
巻号頁・発行日
vol.12, no.3, pp.1-21,i, 1978-06-30 (Released:2010-11-18)

S. Kawasaki, a famous ship-builder in Meiji era, founded the Tsukiji Shipyard (Tokyo) in 1827, for which he borrowed 30 thousands yen from the Ministry of finance. Masayoshi Matsukata, a chief officer in the Ministry of Finance, appointed Kawasaki to the privileged dealer of the sugar collected from Ryukyu Islands as tax. He could amass a great amount of commission in this sugar business and poured it to fill the deficit of his Tokyo and Kobe shipyards. He also managed to operate his business diversified into shipping, ships fittings, cotton spinning, machine-works and trading.Kawasaki bought the government shipyard in Kobe, and founded the Kawasaki Shipyard in 1887. But he suffered from heavy illness and retired from the presidency in 1896 when his company was reorganized into joint-stock company. After the retirement, Kawasaki bought a good deal of stocks of other companies, founded Kobe Kawasaki Bank in 1905, and also bought rice fields in Korea and forests in Miyazaki Pref., becoming a great land-owner around 1910. When he died in 1912, he thus left his private properties of about 5 millions yen, on the basis of which Kawasaki Sohonten (a stock-holding company) was founded in 1920, and the Kawasaki could developed as a modern zaibatsu fairly diversified into shipbuilding, shipping and aircraft manufacturing.