Masterʼs Program in Environmental Management
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Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone?
IRLE IRLE WORKING PAPER #188-09 September 2009 Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone? James R. Lincoln, Masahiro Shimotani Cite as: James R. Lincoln, Masahiro Shimotani. (2009). “Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone?” IRLE Working Paper No. 188-09. http://irle.berkeley.edu/workingpapers/188-09.pdf irle.berkeley.edu/workingpapers Institute for Research on Labor and Employment Institute for Research on Labor and Employment Working Paper Series (University of California, Berkeley) Year Paper iirwps-- Whither the Keiretsu, Japan’s Business Networks? How Were They Structured? What Did They Do? Why Are They Gone? James R. Lincoln Masahiro Shimotani University of California, Berkeley Fukui Prefectural University This paper is posted at the eScholarship Repository, University of California. http://repositories.cdlib.org/iir/iirwps/iirwps-188-09 Copyright c 2009 by the authors. WHITHER THE KEIRETSU, JAPAN’S BUSINESS NETWORKS? How were they structured? What did they do? Why are they gone? James R. Lincoln Walter A. Haas School of Business University of California, Berkeley Berkeley, CA 94720 USA ([email protected]) Masahiro Shimotani Faculty of Economics Fukui Prefectural University Fukui City, Japan ([email protected]) 1 INTRODUCTION The title of this volume and the papers that fill it concern business “groups,” a term suggesting an identifiable collection of actors (here, firms) within a clear-cut boundary. The Japanese keiretsu have been described in similar terms, yet compared to business groups in other countries the postwar keiretsu warrant the “group” label least. -
List of Exhibitors (As of May 18, 2015)
List of Exhibitors (As of May 18, 2015) Corporation/Organization Names (by alphabetical order) Central Japan Railway Company CTI Engineering Co., Ltd. DENSO CORPORATION East Japan Railway Company East Nippon Expressway Company Limited Central Nippon Expressway Company Limited West Nippon Expressway Company Limited Foundation of River &Basin Integrated Communications, JAPAN FUJITSU LIMITED Hanshin Expressway Hokkaido Railway Company Honda Motor Co., Ltd. Honshu-Shikoku Bridge Expressway Co., Ltd. Idemitsu Kosan Co.,Ltd. IHI Corporation ISHIDA CO.,LTD. ISUZU MOTORS LIMITED Japan Commission on Large Dams Japan Construction Information Center Japan Science and Technology Agency (JST) KAJIMA CORPORATION Kawasaki Heavy Industries,Ltd. Kyushu Railway Company Metropolitan Expressway Company Limited MITSUBISHI HEAVY INDUSTRIES, LTD. National Research and Development Agency, Public Works Research Institute (PWRI) NEC Corporation NEDO(New Energy and Industrial Technology Development Organization) NEWJEC Inc. NICHICON CORPORATION NIPPON KOEI CO,LTD. Nissan Motor Corporation NORITAKE CO.,LIMITED OBAYASHI CORPORATION OOIRI Co.,Ltd. Oriental Consultants Co., Ltd./Oriental Consultants Global Co., Ltd. OYO Corporation PACIFIC CONSULTANTS CO.,LTD. PanaHome Corporation Panasonic Production Engineering Co., Ltd PASCO CORPORATION SAMCO Inc. SHIMIZU CORPORATION TAISEI CORPORATION The Jiangsu Institution of Engineers The River Foundation Tohoku Regional Development Association Tokyo Metro Co., Ltd. TOYO CONSTRUCTION CO.,LTD Toyota Motor Corporation Water Resources Environment Center West Japan Railway Company List of Exhibitors (As of May 18, 2015) <"The Monodzukuri Nippon Grand Award" Category> Corporation/Organization Names (by alphabetical order) DENSO CORPORATION FUJI KIHAN CO.,LTD GIKEN LTD. KTX Corporation MITAKA KOHKI CO., LTD. Nippon Steel & Sumikin Stainless Steel Corporation O.N. INDUSTRIES LTD ZEROONE PRODUCTS, INC.. -
1332:Xtks Nippon Suisan Kaisha Ltd 3 4 1 1334:Xtks Maruha Nichiro Holdings Inc. 3 4 1 1377:Xtks Sakata Seed Corp. 3 5 2 1414:Xtks SHO-BOND Holdings Co
Symbol Code Description Current Rating New rating Diff 1332:xtks Nippon Suisan Kaisha Ltd 3 4 1 1334:xtks Maruha Nichiro Holdings Inc. 3 4 1 1377:xtks Sakata Seed Corp. 3 5 2 1414:xtks SHO-BOND Holdings Co. Ltd 3 6 3 1766:xtks TOKEN Corp. 3 6 3 1801:xtks Taisei Corp. 3 5 2 1803:xtks Shimizu Corp. 3 4 1 1808:xtks Haseko Corp. 3 4 1 1812:xtks Kajima Corp. 3 5 2 1820:xtks Nishimatsu Construction Co. Ltd 3 6 3 1824:xtks Maeda Corp. 3 6 3 1833:xtks Okumura Corp. 3 6 3 1860:xtks Toda Corp. 3 5 2 1861:xtks Kumagai Gumi Co. Ltd 3 8 5 1865:xtks Asunaro Aoki Construction Co. Ltd 3 6 3 1870:xtks Yahagi Construction Co. Ltd 3 4 1 1881:xtks NIPPO Corp. 3 6 3 1883:xtks Maeda Road Construction Co. Ltd 3 6 3 1911:xtks Sumitomo Forestry Co Ltd 3 4 1 1924:xtks PanaHome Corp. 3 4 1 1925:xtks Daiwa House Industry Co. Ltd 3 4 1 1928:xtks Sekisui House Ltd 3 4 1 1934:xtks YURTEC Corp. 3 6 3 1945:xtks Tokyo Energy & Systems Inc. 3 4 1 1961:xtks Sanki Engineering Co. Ltd 3 4 1 1963:xtks JGC Corporation 3 4 1 1968:xtks Taihei Dengyo Kaisha Ltd 3 4 1 1969:xtks Takasago Thermal Engineering Co. Ltd 3 4 1 1973:xtks NEC Networks & System Integration Corp. 3 5 2 1979:xtks Taikisha Ltd 3 4 1 1983:xtks TOSHIBA PLANT SYSTEMS & SERVICES Corp. -
Updated on 3 October. 2016 Date Issue Code 20160930 Nippon
JPX-Nikkei Index 400 Component Stocks Weight and FFW Ratio Following Cap-adjustment Updated on 3 October. 2016 FFW Ratio Compornent Weight Date Issue Code Following Cap- (JPX-Nikkei Index 400) 20160930 Nippon Suisan Kaisha,Ltd. 1332 0.75000 0.0427% 20160930 INPEX CORPORATION 1605 0.65000 0.3699% 20160930 HAZAMA ANDO CORPORATION 1719 0.65000 0.0315% 20160930 TOKYU CONSTRUCTION CO., LTD. 1720 0.55000 0.0253% 20160930 COMSYS Holdings Corporation 1721 0.55000 0.0593% 20160930 TAISEI CORPORATION 1801 0.80000 0.3028% 20160930 OBAYASHI CORPORATION 1802 0.75000 0.2309% 20160930 SHIMIZU CORPORATION 1803 0.70000 0.2126% 20160930 HASEKO Corporation 1808 0.70000 0.0870% 20160930 KAJIMA CORPORATION 1812 0.80000 0.2549% 20160930 Sumitomo Mitsui Construction Co., Ltd. 1821 0.85000 0.0281% 20160930 Kumagai Gumi Co.,Ltd. 1861 0.70000 0.0294% 20160930 DAITO TRUST CONSTRUCTION CO.,LTD. 1878 0.85000 0.4596% 20160930 NIPPO CORPORATION 1881 0.35000 0.0342% 20160930 MAEDA ROAD CONSTRUCTION CO.,LTD. 1883 0.60000 0.0436% 20160930 Sumitomo Forestry Co.,Ltd. 1911 0.70000 0.0715% 20160930 DAIWA HOUSE INDUSTRY CO.,LTD. 1925 0.80000 0.6287% 20160930 Sekisui House,Ltd. 1928 0.85000 0.4418% 20160930 KYOWA EXEO CORPORATION 1951 0.60000 0.0434% 20160930 KYUDENKO CORPORATION 1959 0.50000 0.0531% 20160930 JGC CORPORATION 1963 0.70000 0.1355% 20160930 Nihon M&A Center Inc. 2127 0.65000 0.0701% 20160930 Temp Holdings Co.,Ltd. 2181 0.50000 0.0891% 20160930 Cookpad Inc. 2193 0.35000 0.0155% 20160930 EZAKI GLICO CO.,LTD. 2206 0.60000 0.1091% 20160930 CALBEE,Inc. -
JPX-Nikkei Index 400 Constituents (Applied on August 31, 2021) Published on August 6, 2021 No
JPX-Nikkei Index 400 Constituents (applied on August 31, 2021) Published on August 6, 2021 No. of constituents : 400 (Note) The No. of constituents is subject to change due to de-listing. etc. (Note) As for the market division, "1"=1st section, "2"=2nd section, "M"=Mothers, "J"=JASDAQ. Code Market Divison Issue Code Market Divison Issue 1332 1 Nippon Suisan Kaisha,Ltd. 3048 1 BIC CAMERA INC. 1417 1 MIRAIT Holdings Corporation 3064 1 MonotaRO Co.,Ltd. 1605 1 INPEX CORPORATION 3088 1 Matsumotokiyoshi Holdings Co.,Ltd. 1719 1 HAZAMA ANDO CORPORATION 3092 1 ZOZO,Inc. 1720 1 TOKYU CONSTRUCTION CO., LTD. 3107 1 Daiwabo Holdings Co.,Ltd. 1721 1 COMSYS Holdings Corporation 3116 1 TOYOTA BOSHOKU CORPORATION 1766 1 TOKEN CORPORATION 3141 1 WELCIA HOLDINGS CO.,LTD. 1801 1 TAISEI CORPORATION 3148 1 CREATE SD HOLDINGS CO.,LTD. 1802 1 OBAYASHI CORPORATION 3167 1 TOKAI Holdings Corporation 1803 1 SHIMIZU CORPORATION 3231 1 Nomura Real Estate Holdings,Inc. 1808 1 HASEKO Corporation 3244 1 Samty Co.,Ltd. 1812 1 KAJIMA CORPORATION 3254 1 PRESSANCE CORPORATION 1820 1 Nishimatsu Construction Co.,Ltd. 3288 1 Open House Co.,Ltd. 1821 1 Sumitomo Mitsui Construction Co., Ltd. 3289 1 Tokyu Fudosan Holdings Corporation 1824 1 MAEDA CORPORATION 3291 1 Iida Group Holdings Co.,Ltd. 1860 1 TODA CORPORATION 3349 1 COSMOS Pharmaceutical Corporation 1861 1 Kumagai Gumi Co.,Ltd. 3360 1 SHIP HEALTHCARE HOLDINGS,INC. 1878 1 DAITO TRUST CONSTRUCTION CO.,LTD. 3382 1 Seven & I Holdings Co.,Ltd. 1881 1 NIPPO CORPORATION 3391 1 TSURUHA HOLDINGS INC. 1893 1 PENTA-OCEAN CONSTRUCTION CO.,LTD. -
Profiles of the 33 Companies Belonging to the Sumitomo Group
Sumitomo Chemical Co., Ltd. 21 Sumitomo Bakelite Co., Ltd. Profiles of the 33 Companies Sumitomo Seika Chemicals Co., Ltd. belonging to the Sumitomo Group Sumitomo Dainippon Pharma Co., Ltd. 22 Public Affairs Committee Sumitomo Heavy Industries, Ltd. Sumitomo (S.H.I.) Construction Machinery Co., Ltd. Sumitomo Precision Products Co., Ltd. 23 Sumitomo Mitsui Banking Corporation Sumitomo Mitsui Trust Bank, Limited Sumitomo Life Insurance Company 24 Mitsui Sumitomo Insurance Co., Ltd. Sumitomo Mitsui Card Co., Ltd. Sumitomo Mitsui Finance and Leasing Co., Ltd. 25 SMBC Friend Securities Co., Ltd. Sumitomo Mitsui Auto Service Co., Ltd. Sumitomo Metal Mining Co., Ltd. 26 Sumitomo Electric Industries, Ltd. Sumitomo Corporation The Sumitomo Warehouse Co., Ltd. 27 Nippon Sheet Glass Co., Ltd. Sumitomo Osaka Cement Co., Ltd. Sumitomo Mitsui Construction Co., Ltd. 28 Sumitomo Forestry Co., Ltd. Sumitomo Densetsu Co., Ltd. Sumitomo Rubber Industries, Ltd. 29 Sumitomo Riko Co., Ltd. NEC Corporation Sumitomo Wiring Systems, Ltd. 30 Nissin Electric Co., Ltd. Meidensha Corporation The Japan Research Institute, Limited 31 SCSK Corporation Sumitomo Realty & Development Co., Ltd. 〔Arranged by sector〕 Company Profiles Chemicals Sumitomo Chemical Co., Ltd. http://www.sumitomo-chem.co.jp/english/ Sumitomo Chemical Co., Ltd. traces its history to the establishment of a fertilizer Head Offices: Tokyo: 27-1 Shinkawa 2-chome, Chuo-ku, manufacturing enterprise in 1913. The company was founded to produce Tokyo 104-8260 (Tokyo Sumitomo Twin superphosphate fertilizers from the sulfur dioxide emitted at the Besshi Copper Building (East)) Mine in Niihama, Ehime Prefecture, as a way of reducing environmental Osaka: 4-5-33 Kitahama, Chuo-ku, Osaka problems arising from this gas given off during the copper smelting process. -
OBAYASHI CORPORATION Summary of the Second Quarter (Cumulative) Financial Results for FY2015 Ending March 2016
OBAYASHI CORPORATION Summary of the Second Quarter (cumulative) Financial Results for FY2015 Ending March 2016 Disclaimer: This financial information, a digest of Obayashi Corporation's "Summary of the Second Quarter (cumulative) Financial Results for FY2015 ending March 2016" ("Kessan Tanshin") disclosed at the Tokyo Stock Exchange on November 10, 2015 was translated into English and presented solely for the convenience of non-Japanese speaking users. If there is any discrepancy between Japanese "Kessan Tanshin" and this document, Japanese "Kessan Tanshin" will prevail. This document includes forward-looking statements based on the information available at the time of the release of Japanese "Kessan Tanshin". Due to various factors, the actual results may vary from the forward-looking statements contained herein. Obayashi Corporation (non-consolidated) is called the "Company" hereinafter. (Rounded down to the nearest million yen) 1. Summary of the Second Quarter (cumulative) Results for FY2015 ending March 2016 (April 1, 2015 - September 30, 2015) (1) Consolidated Business Results (cumulative) (% shows the increase (decrease) from the results of the same quarter of the previous FY.) Profit attributable to Net Sales Operating Income Ordinary Income owners of parent (Unit: million yen) % (Unit: million yen) % (Unit: million yen) % (Unit: million yen) % 2nd Quarter of FY2015 834,626 2.9 42,538 152.7 45,537 104.6 27,886 96.7 2nd Quarter of FY2014 810,786 12.0 16,831 100.1 22,257 85.4 14,179 124.7 (Note) Comprehensive income: [2Q/FY2015] -1,231 -
Joint Company Information Session in Civil Engineering for International Students
Joint Company Information Session in Civil Engineering for International Students ------------------------------------------------------------------------------------------------------------------------------------------- Date & Time : 6th of July, 2013 (Sat) 13:00-17:00 Venue : Japan Society of Civil Engineers (JSCE) Yotsuya 1chome, Shinjyuku-ku, Tokyo Participant companies : JFE Engineering Corporation, Katahira & Engineers Inc., Obayashi Corporation, Shimizu Corporation, Chodai Co., Ltd., Eight-Japan Engineering Consultants Inc., Nippon Koei Co., Ltd., Obayashi Road Corporation, Oriental Consultants Co., Ltd., East Nippon Expressway Company Limited, NEXCO-East Engineering Company Limited, Nippon Road Co., Toda Corporation Organizer : International Students Network Group, International Activities Centre, JSCE ------------------------------------------------------------------------------------------------------------------------------------------- International Students Network Group, JSCE, held a Joint Company Information Session in Civil Engineering for International Students at the JSCE headquarter in Tokyo on 6th July. It aimed to provide international students with information on Japanese construction companies and job opportunities. 13 construction companies participated and 8 out of them gave a presentation to introduce their business activities. Also, those companies set up their booths to meet the international students. Total 55 international students Opening Session attended mainly from universities in the Kanto region (area -
List of Employment for Undergraduate Students in 2014-2016
List of employment for Undergraduate stduents in 2014-2016 As of May 1st, 2017 Construction/Real estate business ITOCHU Urban Community/AIBLE INC./Okuraya homes/Okumura corporation/Kinoshita Group/Kyoritsu maintenance/ Kyowanissei/Kudo corporation/Shonan Station Building, Shonan Misawa Homes/Starts Corporation/ Sumitomo Real Estate/Sumitomo forestry home service/Sekisui House/Sekiwa Real Estate/Daikin Air Techno/ Taiseioncho/Takara Leben/ Tokyu Livable/Tokyo Building, Tokyo Reiki Inc./Nishimatsu Construction/Nihon Housing, Housecom/PanaHome/Misawa Homes Shizuoka/ Misawa Homes Tokyo/Mitsui Fudosan Realty/LUMINE Manufacture ADVANEX/Alps Electric/ITO EN/FDK/Kanebo Cosmetics/kawamura Electric/Kewpie/Kyowa Hakko Kirin/Cross Company/Koike sanso Kogyo/ Korg, Sanwa Tekki/JFE Shoji Coil Center/Shindengen Electric Manufacturing/SUZUKI Motor/ThreeBond Group/Daiwa Industries Takara Standard/Tachikawa Corporation/tanico/Chugai Mining/THK/DNP Multi Print/DISCO/ACCRETECH/Torii Pharmaceutical Triumph International Japan/NAKAMURAYA/Niigata Power Systems/Nifco/Nihon Pharmaceutical/NIWAKA/NOEVIR/Punch Industry P&G Maxfactor/Hitachi Construction Machinery Japan/Beyonz/fabrica communications/Furukawa Battery/HOYA/MEIKO/Meidensha HIROTA/RENOWN/YKKAP/Wacol Holdings Transportation ITOCHU Logistics/AIRDO/Odakyu Electric Railway/Kanagawa Chuo Kotsu/K.R.S./Kokusai motorcars/Sakai Moving Service/ Sagawa Global Logistics/SANKYU/J-AIR/JAL Express/JAL Cargo Service/JAL Ground Service/JAL SKY/All Nippon Airways/DNP logistics/ Nippon Konpo Unyu Soko/Nippon Express/Japan -
Earthquake Protection in Buildings Through Base Isolation
fECH RLC N4TL INST- OF STAND 4 NIST Special Publication 832, Volume 1 A111D3 7aTm7 Earthquake Resistant Construction Using Base Isolation NIST I PUBLICATIONS [Shin kenchiku kozo gijutsu kenkyu iin-kai hokokusho ] Earthquake Protection in Buildings Through Base Isolation United States Department of Commerce Z Technology Administration 832 National Institute of Standards and Technology V.1 1992 7he National Institute of Standards and Technology was established in 1988 by Congress to "assist industry in the development of technology . needed to improve product quality, to modernize manufacturing processes, to ensure product reliability . and to facilitate rapid commercialization ... of products based on new scientific discoveries." NIST, originally founded as the National Bureau of Standards in 1901, works to strengthen U.S. industry's competitiveness; advance science and engineering; and improve public health, safety, and the environment. One of the agency's basic functions is to develop, maintain, and retain custody of the national standards of measurement, and provide the means and methods for comparing standards used in science, engineering, manufacturing, commerce, industry, and education with the standards adopted or recognized by the Federal Government. As an agency of the U.S. Commerce Department's Technology Administration, NIST conducts basic and applied research in the physical sciences and engineering and performs related services. The Institute does generic and precompetitive work on new and advanced technologies. NIST's research -
Notice of Capital and Business Alliance Between Sumitomo Forestry Co., Ltd
November 9, 2017 News Release Company name: Kumagai Gumi Co., Ltd. Representative: Yasushi Higuchi, President (Stock code: 1861, TSE, First Section) Contact: Chihiro Nosaka General Manager, Accounting Dept., Administrative Div. (Tel.: 81-3-3235-8606 Company name: Sumitomo Forestry Co., Ltd. Representative: Akira Ichikawa, President (Stock code: 1911, TSE, First Section) Contact: Yuichiro Ono General Manager, Corporate Communications Dept. (Tel.: 81-3-3214-2270) Notice of Capital and Business Alliance between Sumitomo Forestry Co., Ltd. and Kumagai Gumi Co., Ltd. Sumitomo Forestry Co., Ltd. (hereafter, “Sumitomo Forestry”) and Kumagai Gumi Co., Ltd. (hereafter, “Kumagai Gumi”) concluded an agreement concerning a capital and business alliance (hereafter, “the Alliance”) today. The two companies intend to grow together as long term strategic partners and increase corporate value based on a good relationship involving mutual respect for independence and autonomy in management and a spirit of equality. 1. Purpose of the Alliance: Entry into New Business Areas and Creation of New Markets The residential housing and construction markets in Japan are projected to reach a contracted equilibrium at a smaller market size as the population declines over the medium to long-term. Recognizing the need for initiatives aimed at sustainable growth amid the changing business environment, the two companies are aiming to build new, independent positions that exceed the boundaries of their existing businesses. They have considered a collaborative structure for initiatives such as creating new markets, development of high value-added technology, and business expansion overseas. Sumitomo Forestry, which is the top brand in the timber and building materials business and the wooden custom- built detached housing business, recognizes the need for a general contracting function in pursuing a global strategy that includes the real estate development business in addition to strengthening Sumitomo Forestry’s business in the non-housing sector in Japan. -
Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone?
UC Berkeley Working Paper Series Title Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone? Permalink https://escholarship.org/uc/item/00m7d34g Authors Lincoln, James R. Shimotani, Masahiro Publication Date 2009-09-24 eScholarship.org Powered by the California Digital Library University of California WHITHER THE KEIRETSU, JAPAN’S BUSINESS NETWORKS? How were they structured? What did they do? Why are they gone? James R. Lincoln Walter A. Haas School of Business University of California, Berkeley Berkeley, CA 94720 USA ([email protected]) Masahiro Shimotani Faculty of Economics Fukui Prefectural University Fukui City, Japan ([email protected]) 1 INTRODUCTION The title of this volume and the papers that fill it concern business “groups,” a term suggesting an identifiable collection of actors (here, firms) within a clear-cut boundary. The Japanese keiretsu have been described in similar terms, yet compared to business groups in other countries the postwar keiretsu warrant the “group” label least. The prewar progenitor of the keiretsu, the zaibatsu, however, could fairly be described as groups, and, in their relatively sharp boundaries, hierarchical structure, family control, and close ties to the state were structurally similar to business groups elsewhere in the world. With the break-up by the U. S. Occupation of the largest member firms, the purging of their executives, and the outlawing of the holding company structure that held them together, the zaibatsu were transformed into quite different business entities, what we and other literature call “network forms” of organization (Podolny and Page, 1998; Miyajima, 1994).