Noun
keiretsu (plural keiretsus or keiretsu)
A set of Japanese companies with interlocking business relationships and shareholdings.
American negotiators wanted the Japanese to open their entire keiretsu structure which is the corner stone of Japanese economy and society to American automobiles. Source: Internet
Generally, these causes gave rise to a strong notion in the business community that the old keiretsu system was not an effective business model, and led to an overall loosening of keiretsu alliances. Source: Internet
Each bank had great control over the companies in the keiretsu and acted as a monitoring and emergency bail-out entity. Source: Internet
Each central bank had great control over the companies in the keiretsu and acted as a monitoring entity and as an emergency bail-out entity. Source: Internet
Even until today, banks and trading companies have been at the top of the pyramid, having access and control over a portion of each company's part of the keiretsu. Source: Internet
Horizontal keiretsu may also have vertical relationships, called branches. Source: Internet