Uncommon

Mitsubishi Corporation

Japanese trading company

Mitsubishi Corporation

Uncommon card · No. 140665

Mitsubishi Corporation (三菱商事株式会社, Mitsubishi Shōji Kabushiki-gaisha) is a Japanese general trading company (sogo shosha) and a core member of the Mitsubishi Group. For much of the post-war period, Mitsubishi Corporation has been the largest of the five great sogo shosha (Mitsubishi, Mitsui, Itochu, Sumitomo, Marubeni) by revenue as well as profits. The company was originally spun off from Mitsubishi & Co., Ltd, the holding company of the Mitsubishi Group at the time, in 1918 by Koyata Iwasaki. It was later split into three smaller trading companies by order of the Allied Occupation Forces, as major zaibatsu, including Mitsubishi, were deemed the backbone of Japan's pre-war economy. These companies re-merged in 1954, once again assuming the name Mitsubishi Corporation. Mitsubishi’s operations began shifting away from the mere importing and exporting of goods in the 1960s. Starting with an investment in a liquefied natural gas field in Brunei in 1968, Mitsubishi rapidly moved towards investing...

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