October 31 2011

Word of the Week: Keiretsu

KEIRETSU (key-RET-soo) – set of firms with interlocking relationships and shareholdings. [Japanese, coalition]. With fingers in multiple pies, from oil to food, from paper to cars, Mitsubushi is a poster keiretsu.

Comments

SK — 31 October at 05:48AM

EU strike threatening firm alliance

RobT — 31 October at 06:56AM

I don't believe Mitsubishi alone is a keiretsu...that's simple diversification. However, Mitsubishi when dealing with its various suppliers and customers in Japan (where outsiders can't readily break into supply chains etc.). Well THAT'S a keiretsu.

SK — 31 October at 07:41AM

You're right RobT, a Keiretsu involves a group of Japanese companies, generally from diverse industries. Normally there would be one bank, maybe one auto company, etc in each keiretsu. Dealings within a keiretsu viewed "favourably". (Whatever that means in Japanese terms).

Rob T — 31 October at 08:40AM

Phrase for Japanese family tree: "Suki take it off"

Nib — 31 October at 11:07AM

Corporate cluster ie. Kawasaki sees turnaround.

Em — 31 October at 12:25PM

I see Kurt arranging marriage of convenience?

Boniface — 31 October at 02:03PM

Backward Britain holds onto Ireland, it's mostly for company on the global scale (8)

Rob T — 31 October at 05:23PM

Buster (i.e. Keaton) in comeback of silent treatment.

Rob T — 31 October at 05:40PM

Careless trike use causes twisted chain.

RobT — 31 October at 06:13PM

Jerk leaves Rieu tickets around for fans of orchestration.

SK — 31 October at 07:16PM

A timely WOTW for me, having just landed in Tokyo (should have been 12 hours ago...thanks Mr Joyce)

A number of concerns within the Nikkei re tsunamis?!

DA — 31 October at 08:10PM

Despite my messy definition, there are some stylish ideas here. SK starts strong with EU strike, but I'm just as taken by RobT's inventive phrasings: use trike [and chain], Rieu tickets - tic [fans of orchestration].

Not sure about silent treatment, but SK's latest is another zinger - very Japanesey.

Damn it - Em's arranged marriage is eye-catching as well. While Nib has kept things corporate. Bon is his usual Bon vivant.

Rob T — 31 October at 09:34PM

Uke tires out aficionado of harmony

JPR — 01 November at 02:37AM

Marieke's put out, no map, but has it all together business-wise

JPR — 01 November at 06:23PM

after the first day everyone's attention seems to wander from WotW... anyway:

James()Hardie utes crash in corporate assemblage

or what about a caledonian one:

Auld Reekie stripped (no deal) for vertical conglomerate