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DKB Group

dkb group, dkb group llc
The DKB Group 第一勧銀グループ, Dai'ichi Kangin Gurūpu or the Dai-Ichi Kangyo Group was the largest Japanese keiretsu in the late 1990s1

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 Itochu, which historically supplied Kawasaki with raw materials, became the main general trading company for the combined group2

The group's presidents began Sankin-kai 三金会 meeting regularly in 1971 Also that year the group's name developed from the merger of Dai-Ichi Bank and Nippon Kangyo Bank1 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 Group3 The resulting group which was established in September 2000,4 made it the largest banking group in the world with assets of 140 trillion yen35 The next few years saw a parallel consolidation of their keiretsu industrial partners,3 and saw the group grow to 150 trillion yen in assets 30% GDP4

Companiesedit

  • Asahi Mutual Life Insurance DKB
  • The Dai-ichi Mutual Life Insurance Company DKB
  • Daiichi Sankyo
  • Dentsu DKB
  • Fujitsu Furukawa
  • Hitachi Hitachi
  • Ishikawajima-Harima Heavy Industries IHI
  • Isuzu IHI
  • ITOCHU DKB
  • JFE Holdings Kawasaki
  • Kawasaki Heavy Industries Kawasaki
  • K Line Kawasaki
  • Kobe Steel Suzuki
  • Meiji Seika DKB
  • Mizuho Financial Group
  • Seibu Department Stores DKB
  • Sojitz Suzuki
  • Sompo Japan Insurance DKB
  • Taiheiyo Cement Asano
  • Tokyo Dome DKB
  • The Tokyo Electric Power Company DKB
  • Tokyo FM DKB
  • Yokohama Rubber Company Furukawa

See alsoedit

  • Fuyo Group

Referencesedit

  1. ^ a b Carson, Richard L; Traynor, Baerbel M 1998 Comparative Economic Systems: Transition and capitalist alternatives ME Sharpe p 142 ISBN 978-1-56324-921-1 
  2. ^ Suzuki, Shinichi 2006 The Japanese Main Bank System: A Transaction Cost Approach ProQuest pp 108–109 
  3. ^ a b c Colpan, Asli M; Hikino, Takashi; Lincoln, James R 2010 The Oxford Handbook of Business Groups Oxford Handbooks Online p 147 ISBN 978-0-19-955286-3 
  4. ^ a b Gup, Benton E 2004 Too big to fail: policies and practices in government bailouts Greenwood Publishing Group pp 261–263 ISBN 978-1-56720-621-0 
  5. ^ Park, Sung-Jo; Holzhausen, Arne 2001 Can Japan globalize Springer p 79 ISBN 978-3-7908-1381-4 

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