The Rise and Fall of a Japanese Conglomerate: Triumphs, Trials, and Redemption

🏭 Mitsubishi is a Japanese conglomerate known for its diverse range of products and services, including automobiles, heavy industry, and banking.

🚢 The company was founded in 1870 by a young ambitious man named Yataro Iwasaki, who started a shipping company called Mitsubishi.

⏭️ Mitsubishi's history has seen the company evolve and expand its operations over time, from a shipping company to a global conglomerate.

Mitsubishi was originally named Mitsubishi Jockey and later changed its name to Mitsubishi.

The company's emblem, which features three diamond-shaped leaves, is the origin of the name Mitsubishi.

Mitsubishi played a significant role in supporting the Japanese army during the war with China.

The company acquired 30 ships from the government and became the largest postal service in Japan.

Mitsubishi made a fortune by buying and selling local government currencies to the central government.

In 1882, Mitsubishi entered the military vehicle business and faced competition from foreign companies.

🏢 The Mitsubishi corporation expanded to various sectors of the economy, creating three entities: Mitsubishi Bank, Mitsubishi Corporation, and Mitsubishi Heavy Industries.

💡 The founder, Yataro Iwasaki, created his own bank after winning a government concession, which marked the beginning of Mitsubishi Bank.

🚗 Mitsubishi Motors became the fourth largest automaker and is part of Mitsubishi Heavy Industries.

🏭 Mitsubishi was a Japanese company involved in the manufacturing of engines, automobiles, trucks, and buses.

⚔️ During World War II, Mitsubishi played a significant role in providing technology and manpower, but Japan was ultimately defeated by the US.

⛔ After the war, as a result of US occupation, Mitsubishi and other conglomerates were dissolved, with only the name and logo remaining as the official link between the separate companies.

🏢 Mitsubishi is a conglomerate with various active companies in multiple industries.

🚗 Mitsubishi Motors manufactures vehicles, including cars and heavy transport vehicles.

⚠️ In 2016, Mitsubishi Motors was involved in a major fraud scandal, admitting to falsifying consumption figures for over 600,000 vehicles.

💰 The company's stock plummeted, but it was saved by a significant investment from Niza.

🔀 Different companies within Mitsubishi group have been reorganizing, with Mitsubishi Al Krafft becoming independent and Mitsubishi Fuso being mostly acquired by Daimler.

🏢 Mitsubishi Motors Corporation is a Japanese automotive company that specializes in trucks and buses.

🌍 Mitsubishi Fuso produces trucks in Japan, India, and Portugal, and buses in Japan and India.

🚌 Mitsubishi Fuso's bus models include the Rosa bus for urban transport, the Hero bus for short and medium distances, and the Airways bus for longer routes.

🚍 Mitsubishi Fuso also manufactures double-decker buses that can accommodate more passengers than conventional units.

🚌 The Mitsubishi Fuso Aereo was a unique two-story bus model manufactured by Mitsubishi Fuso Truck and Bus Corporation.

✨ It was introduced in the Tokyo Motor Show in 1983 and received positive feedback due to its clean design, aerodynamics, and favorable visibility for the driver.

🔚 However, production of this bus line was discontinued in 2008, ending its commercial lifespan.