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keiretsu
(redirected from Keiretsu system)

    Also found in: Financial, Encyclopedia, Wikipedia 0.17 sec.

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
 
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.
Beyond the keiretsu by Okamura, Akio / Automotive Design & Production
One of the biggest converts to openness is Mitsubishi--once the symbol of the secretive keiretsu system in which affiliated groups operate in an accounting fog.
Red sun rising by London, Herbert / The National Interest
The keiretsu system (wherein large Japanese companies own a percentage of their top suppliers) has been used for many years in Japan.
Third-party tango: how to kick the keiretsu habit and hone in on ... by Presley, Peter / Japan Inc.
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