Yataro iwasaki biography
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Iwasaki Yatarō
Founder of Mitsubishi
In this Japanese name, the surname is Iwasaki.
Iwasaki Yatarō (岩崎 弥太郎, January 9, 1835 – February 7, 1885) was a Japaneseindustrialist and financier known as the founder of Mitsubishi, one of Japan's largest conglomerates.[1]
Early life
[edit]Yatarō Iwasaki was born on 9 January 1835 in Aki, Tosa Province (now Kōchi Prefecture) into a provincial farming family. Iwasaki's family had been members of the samurai warrior nobility, but his great great grandfather, Iwasaki Yajiemon (岩崎弥次右衛門) had sold off his family's samurai status in obligation of debts during the Great Tenmei famine. His family derived from Iwasaki clan that was a branch of Takeda clan of Kai Province (甲斐武田氏). The ancestor of Iwasaki clan was Iwasaki Nobutaka (岩崎信隆) known as Takeda Shichirō (武田七郎) who was the fifth son of Takeda Nobumitsu. The Iwasaki clan served Aki clan (安芸氏), and Chōsokabe clan (長宗我部氏) at the Battle of Sekigahara (October 21, 1600).
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IWASAKI Yataro
Businessman. Born in Kochi, the son of a jigeronin (former lower-ranked, rural samurai without a master to serve). Founder of the Mitsubishi Zaibatsu (Mitsubishi financial group). He found a job in the Kochi Clan, and engaged in trading business at Kaiseikan Nagasaki branch. In 1869, he was transferred to Osaka Shokai of the same clan. When the haihan chiken (the abolition of clans and establishment of prefectures) was implemented, he took over the enterprises that had been run by the clan and established the Tsukumo Shokai, later renaming the company Mitsubishi Shokai, and finally, Mitsubishi Mail Steamship Co. The company was responsible for military transportation of the Taiwan Expedition and the Satsuma Rebellion. It also attempted to enter various markets such as mining, shipbuilding, finance, and trade. Mitsubishi competed fiercely with Kyodo Un-yu Kaisha, a rival steamship company, but Yataro died from illness in 1885. His younger brother Yanosuke and
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Yataro Iwasaki
Yataro Iwasaki was the bold and ambitious entrepreneur who started Mitsubishi. The son of a provincial farmer, Yataro began his career in the employ of the Tosa clan. The clan held business interests in many parts of Japan, which whetted the ung man's ambition.
Yataro's great grandfather had sold the family's samurai ställning eller tillstånd to cover debts. Although well off, the ambitious young man knew that the only way to gain true power was education. At 19, Yataro followed an official of the Tosa clan to Edo (Tokyo) to further his studies.
The serious injury of Yataro's father in a dispute with the village headman brought him home from Edo a year later. When the local magistrate refused to hear his case, Yataro accused him of corruption. That landed him in prison for seven months.
Yataro Iwasaki studied under the reformist Toyo Yoshida. It was Yoshida who influenced him with ideas about opening up the then-closed nation and of development and industry. Through his associatio