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Nissan Group , or formerly Nissan zaibatsu
Zaibatsu

is a Japanese language term referring to industrial and financial business conglomerate in the Empire of Japan, whose influence and size allowed for control over significant parts of the Japanese economy from the Meiji period until the end of the Pacific War....
, is one of 15 of Japan's most powerful business groupings. Founded in 1928 by Yoshisuke Aikawa
Yoshisuke Aikawa

was a Japanese entrepreneur, businessman, and politician, noteworthy as the founder and first president of the Nissan zaibatsu between 1931 and 1945....
, the group was originally a holding company created as an offshoot of Kuhara Mining Co., which Aikawa had taken over as president of from his brother-in-law, Fusanosuke Kuhara
Fusanosuke Kuhara

Fusanosuke Kuhara was a businessman and politician of Japan.He was a syndicalist, zaibatsu member, and mining industrialist, later becoming a right-wing supporter in Ordinary life in Japan during WWII....
. After the bankruptcy of Kuhara zaibatsu following World War I
World War I

World War I, or the First World War , was a global military conflict which involved the Great powers, organized into two opposing military alliances: the Allies of World War I and the Central Powers....
, Aikawa reorganized its assets into (Japan Industries) or Nippon Sangyo Corporation (????????), Nissan for short.

The group's core business was real estate and insurance with hundreds of member companies, including fisheries, mining companies, and is affiliated with Hitachi Group companies, as well as what Nissan is now known for--its automobile industry.






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Nissan Group , or formerly Nissan zaibatsu
Zaibatsu

is a Japanese language term referring to industrial and financial business conglomerate in the Empire of Japan, whose influence and size allowed for control over significant parts of the Japanese economy from the Meiji period until the end of the Pacific War....
, is one of 15 of Japan's most powerful business groupings. Founded in 1928 by Yoshisuke Aikawa
Yoshisuke Aikawa

was a Japanese entrepreneur, businessman, and politician, noteworthy as the founder and first president of the Nissan zaibatsu between 1931 and 1945....
, the group was originally a holding company created as an offshoot of Kuhara Mining Co., which Aikawa had taken over as president of from his brother-in-law, Fusanosuke Kuhara
Fusanosuke Kuhara

Fusanosuke Kuhara was a businessman and politician of Japan.He was a syndicalist, zaibatsu member, and mining industrialist, later becoming a right-wing supporter in Ordinary life in Japan during WWII....
. After the bankruptcy of Kuhara zaibatsu following World War I
World War I

World War I, or the First World War , was a global military conflict which involved the Great powers, organized into two opposing military alliances: the Allies of World War I and the Central Powers....
, Aikawa reorganized its assets into (Japan Industries) or Nippon Sangyo Corporation (????????), Nissan for short.

The group's core business was real estate and insurance with hundreds of member companies, including fisheries, mining companies, and is affiliated with Hitachi Group companies, as well as what Nissan is now known for--its automobile industry. Nissan and Hitachi mean similar things in Japanese, Nissan means "Japan Made" and Hitachi means "Japan Built", hence the swapping of names.

After World War 2, the zaibatsu was disbanded, and reformed into Nichiyo-kai, otherwise known as Nissan Group.

Although the Nissan name was primarily known for its car manufacturing outside of Japan, Nissan Motors
Nissan Motors

, shortened to Nissan is a multinational corporation automaker headquartered in Japan. It was formerly a core member of the Nissan Group, but has become more independent after its restructuring under Carlos Ghosn ....
 was a comparatively small side business compared to its core real estate business until the real estate crash of early 1990s (see Japanese asset price bubble
Japanese asset price bubble

The was an economic bubble in Japan from 1986 to 1990, in which real estate and stock prices greatly inflated. The bubble's collapse lasted for more than a decade with stock prices bottoming in 2003, until hitting an even lower low in 2008 amidst a global recession....
). Like the similar subprime crisis, the crash dealt a devastating blow to the Nissan Group by leaving it with several hundred billions of dollars of debt.

The Nissan Group has long since shed the majority of its real estate assets, and has focused on manufacturing and insurance. Nissan Motors was given more independence as Renault SA of France bought a 38.8% stake for $5.4 billion in Nissan Motors
Nissan Motors

, shortened to Nissan is a multinational corporation automaker headquartered in Japan. It was formerly a core member of the Nissan Group, but has become more independent after its restructuring under Carlos Ghosn ....
 (?????????), which was being poisoned from the Group's associations, and the Nissan Group's automaker in 1999 installed Chief Executive Carlos Ghosn
Carlos Ghosn

Carlos Ghosn, Order of the British Empire is a Brazil-born Lebanese people businessman. He is the current Chief executive officer and President of Renault of France and Nissan Motors of Japan....
 of Brazil
Brazil

Brazil , officially the Federative Republic of Brazil , is a country in South America. It is the List of countries and outlying territories by total area country by geographical area, occupying nearly half of South America, the List of countries by population country, and the fourth most populous democracy in the world....
. It's successful turnaround was attributed by CEO Ghosn to his ability to detach it from Nissan keiretsu
Keiretsu

A is a set of company with interlocking business relationships and shareholder. It is a type of business group....
 connections and debt and eliminate 23,000 jobs from the Japanese workforce.

Nissan Concern Member Companies


  • Nissan Subgroup
    • ????? Nissan
      Nissan Motors

      , shortened to Nissan is a multinational corporation automaker headquartered in Japan. It was formerly a core member of the Nissan Group, but has become more independent after its restructuring under Carlos Ghosn ....
    • ??????? Nissan Diesel
    • ?????? Nissan Chemicals
    • ???? Nissan Securities
    • ???? NNK
    • ?????? Nissan Marine
      Nissan Marine

      Nissan Marine began their North American operations in 1984 in Memphis, Tennessee as a division of Nissan Industrial Equipment Co. Over the next 6 years, the Marine Division experienced explosive growth and in 1991 Nissan Marine was separated from Nissan Industrial Equipment into a standalone company....
    • Nissan Outboard Motors
      Nissan Outboard Motors

      Nissan outboard motors are produced by Tohatsu Corporation of Tokyo, Japan. They are the second largest producer of outboard motors in the world and produce environmentally conscious TLDI series of two-stroke low pressure direct injection outboards that meet current United States Environmental Protection Agency regulations for the U.S....
    • Kinugawa Rubber Industrial Co
    • Calsonic Kansei
      Calsonic Kansei

      is a large Japan automotive which has 50 manufacturing in USA, Poland, South Korea, Mexico, Romania, Thailand, UK, South Africa, India, Spain, China, France and Malaysia....
    • Kayaba Industry
  • Hitachi Group
    • Hitachi, Ltd
      • INES Corporation
      • Hitachi Maxell
      • NISSEICOM LTD.
    • ??????????? Hitachi Capital
    • ???? Hitachi Metals
    • Hitachi Cable
      Hitachi Cable

      was established in 1956 as a manufacturer of electric wire and cable for power distribution. The company, based in Tokyo, Japan, was formed from Hitachi Densen Works, the Hitachi Works spin-off previously known as Densen Works of Hitachi, Ltd....
    • ?????????? Hitachi Chemical
      • ????????? Shin-Kobe Electric Machinery Co
    • ???????? Nichirei Corp
    • Hitachi Zosen Corporation
      Hitachi Zosen Corporation

      is a major Japanese industrial and engineering corporation. It produces waste treatment plants, industrial plants, precision machinery, industrial machinery, steel mill process equipment, steel structures, construction machinery, tunneling machines, and power plants....
    • ???????? Hitachi Contruction Machinery
      • TCM???? TCM Corp
    • Nippon Suisan Kaisha
      Nippon Suisan Kaisha

      is a marine products company based in Japan. It had annual revenues in 2004 of 4.7 billion USD. The company was established in 1911, and is a commercial fishing and marine product procurement operation....
    • ?????? NOF CORPORATION
      • ?????????? Nissansoap Co
      • ???????? SHOWA TANSAN CO., LTD
    • ???????? Rinkai Nissan Construction
  • Nippon Mining Group
    • ??????????????? NIPPON MINING HOLDINGS,INC.
      • Japan Energy Corporation
      • ???????? Nippon Mining & Metals Co
      • ????????? Tatsuta Electric Wire Cable Co
      • ??????????? Toho Titanium Corporation
      • ?????? MARUWA CORPORATION
      • ???????? KASHIMA OIL CO.,LTD
  • Sompo Japan Insurance Group (formerly Yasuda Fire & Marine Insurance Company)
    • Sompo Japan Insurance
      Sompo Japan Insurance

      , or Sompo Japan , is a Japan insurance company. It is the second-largest property insurance company in Japan only behind Tokio Marine Holdings, with market share of 19.3% in 2007....
      • ?????????? NISSAN CENTURY SECURITIES CO.,LTD
      • ?????????? Kanematsu-NNK Corporation


Former members

  • Japan Victor Corporation, or JVC
    JVC

    , usually referred to as JVC, is an international consumer and professional electronics corporation based in Yokohama, Japan which was founded in 1927....
    , sold to Panasonic
    Panasonic

    Panasonic is an international brand name for Japanese electric products manufacturer Panasonic Corporation Under this brand the company sells Plasma display and LCD display panels, DVD recorders and players, Blu-ray Disc players, camcorders, telephones, vacuum cleaners, microwave ovens, shavers, projectors, digital cameras, batteries, lapto...
    .
  • Columbia Music Entertainment
    Columbia Music Entertainment

    is a Japanese record label founded in 1910 in music as the Nipponophone Company Co., Ltd. . It affiliated itself with the Columbia Graphophone Company of the United Kingdom and adopted the standard UK Columbia trademarks in 1931....
  • Denon
    Denon

    is a Japanese electronics company that originated digital audio technology, while specializing in manufacturing of high-fidelity professional and consumer audio equipment....
  • Nissan Mutual Life Insurance
    Nissan Mutual Life Insurance

    Nissan Mutual insurance Life Insurance Company was a Japanese company that went bankruptcy on April 25, 1997. It was the first time since the postwar period that a life insurer went bankrupt....
     (Nippon Mutual Life)
  • Nitto Denko
    Nitto Denko

    is a Japanese company which produces tapes, vinyl, LCDs, insulation, and several other products. It was founded in 1918 to produce electrical insulation and it survived World War II, despite the destruction of its central offices....


See also

  • Yasuda zaibatsu


Reference