Keiretsu: Inside the Hidden Japanese Conglomerates - Softcover

Miyashita, Kenichi; Russell, David W.

Softcover

ISBN 10: 007042859X ISBN 13: 9780070428591

Publisher: McGraw-Hill, 1995

Synopsis

Two Tokyo-based reporters delve inside Japanese big business to show Westerners the full picture -- and to explain precisely how "Japan Inc." has come to dominate global commerce in modern times.

Kenichi Miyashita and David Russell investigate their subject through the fascinating prism of the keiretsu -- Japan's government-sanctioned networks of banks, manufacturers, suppliers, and distributors. Do these syndicates have valuable lessons to teach us? Or do they deserve their rap as protectionist cartels? Or both? Only here will you discover the complete and unbiased truth. And only here will you find haunting, firsthand accounts by Japanese subcontractors of their service to the keiretsu -- a side of business rarely seen by Westerners.

"Our hard-nosed business leaders look like Dorothy wandering through Oz when it comes to dealing with Japan, " the authors say. If you do business in Japan or with Japanese firms -- or are simply curious about the country's rise and possible decline -- Keiretsu will provide an eye-opening, page-turning education.

About this title

From Library Journal:

While there is no perfect translation of the term keiretsu , this volume affords a revealing look at the great "corporate groups" that are the heart of Japan's industrial strength. The nine chapters do a good job of explaining the interdependence of banks, stable shareholding, and interconnecting directories. The authors, a businessman and a reporter, deal with the structure of the "Big Six" horizontal keiretsu (Mitsui, Mitsubishi, Sumitomo, Fuyo, Sanwa, and DKB) and leading vertical keiretsu (e.g., automotives and electronics). With insights from key top-level Japanese executives and discussion of the future implications for American business, this refreshing book is recommended not only for specialized business readers but for anyone curious about learning about the macrostructural form and strategic foundation of Japan's core form of industrial strength.
- Joseph W. Leonard, Miami Univ., Oxford, Ohio
Copyright 1994 Reed Business Information, Inc.

About this edition

• Publisher: McGraw-Hill
• Publication date: 1995
• ISBN 10: 007042859X
• ISBN 13: 9780070428591
• Binding: Paperback
• Number of pages: 236