Mitsui Group was developed by the chaebol ruled by Mitsui family. Mitsui Consortium consists of 25 large enterprises. Its core enterprises include Sakura Bank, Mitsui Property, New Prince Paper, Toshiba, Toyota Motor, Mitsukoshi, Toray, Mitsui Real Estate and so on. The consortium has advantages in chemical industry, heavy machinery, integrated motors, automobile manufacturing, real estate, nuclear power generation, semiconductors, medical care and office electronic equipment. On February 20 18, 18, the World Brand Lab released the list of the top 500 world brands in 20 18, and Mitsui ranked 369.
Mitsui Foundation has established a huge industrial group, including world-renowned companies such as Toyota Motor and Toshiba Electric. 200 1 Sakura Bank, the core enterprise of Mitsui Consortium, merged with Sumitomo Bank, the core bank of Sumitomo Consortium, to form sumitomo mitsui banking corporation Co., Ltd.
Development of Mitsui Group
The development history of Mitsui Group is its regional diversification and product diversification, especially the gradual development, popularization, deepening, comprehensive application and free coordination of functional diversification. Diversification is the eternal theme of comprehensive trading companies. The basic orientation of its business is to provide trade services, that is, to be an intermediary, to open up overseas markets for exporters and to find needed raw materials or products for importers.
In order to carry out these transactions, Mitsui Group provides customers with the most effective information on business trends and market conditions, supervises the commercial credit of both trading parties, helps to raise funds or arrange barter trade, and even provides customers with global transportation services, extending its reach as far as possible to the corners people want or even think of in global economic life.
For example, the relationship with Brazilian CVRD, which started from iron ore, is not limited to resource development, but also includes joint operation with shipping companies, manufacturing of mining machinery such as trucks and large garbage trucks, and development of bauxite (the main raw material of aluminum), which has formed new business opportunities with many departments of Mitsui.
As CVRD, Shanghai Baosteel Group Corporation, Toyota Motor Corporation and Ito Yanghuatang Group are all important affiliated enterprises of Mitsui Group, Mitsui Group has established a customer system within the company, forming an inter-departmental transaction processing mechanism to realize centralized management and information sharing.
Reference to the above content: Baidu Encyclopedia-Mitsui