DKB Group
Template:Short description The Script error: No such module "Nihongo". or the Dai-Ichi Kangyo Group was the largest Japanese keiretsu in the late 1990s.[1]
The group emerged after World War II and coalesced around the Dai-Ichi Kangyo Bank. Two of DKB's largest clients, Kawasaki Heavy Industries and Furukawa Electric, led their own respective corporate groups with a cross-supply relationship between the two. The Kawasaki and Furukawa groups agreed to begin holding presidents' meetings in 1966.[2] Itochu, which historically supplied Kawasaki with raw materials, became the main general trading company for the combined group.[3]
The group's presidents began regular Script error: No such module "Nihongo". meetings in 1971. Also in that year, the group's name developed from the merger of Dai-Ichi Bank and Nippon Kangyo Bank.[1] In 1998, an announcement was made that the Dai-Ichi Kangyo Bank was to be merged with Fuji Bank and the Industrial Bank of Japan to form Mizuho Financial Group.[4] The resulting group, which was established in September 2000,[5] was the largest banking group in the world with assets of 140 trillion yen.[4][6] The next few years saw a parallel consolidation of their keiretsu industrial partners[4] and saw the group grow to 150 trillion yen in assets (30% GDP).[5]
Companies
- Asahi Mutual Life Insurance
- The Dai-ichi Mutual Life Insurance Company
- Daiichi Sankyo
- Dentsu
- Fujitsu
- Hitachi
- IHI Corporation
- Isuzu
- ITOCHU
- JFE Holdings
- Kawasaki Heavy Industries
- K Line
- Kobe Steel
- Meiji Seika
- Mizuho Financial Group
- Nippon Columbia
- Seibu Department Stores
- Sojitz
- Sompo Japan Insurance
- Taiheiyo Cement
- Tokyo Broadcasting System
- Tokyo Dome
- The Tokyo Electric Power Company
- Tokyo FM
- Toshiba
- Toyota
- Yokohama Rubber Company
See also
References
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