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keiretsu

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keiretsu

Japanese term referring to a network of companies that are intertwined. Keiretsu is a typical organizational structure in Japan and encourages the companies within the network to transact business with each other, thus promoting the interests of the keiretsu as a whole. Notable examples of keiretsu organizations include Mitsubishi and Yamaha. These companies originated from the post-war conglomerates known as zaibatsu.



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? Mentioned in ? References in periodicals archive
 
The Keiretsu Forum selected GTG from scores of entrepreneurs who made 10-minute presentations to the group's deep-pocket members in March, said Rahilly.
While the pyramidal tier structure has long dominated the relationship between carmakers and parts suppliers throughout the world, the keiretsu system kept Japanese suppliers especially bound to OEMs because of cross shareholdings.
 
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