Noun
zaibatsu (plural zaibatsus or zaibatsu)
(economics) A Japanese ‘money clique’ or conglomerate; (by extension) in the United States, any large corporation.
Additionally, the changing politics of the Occupation during the reverse course served as a crippling, if not terminal, roadblock to zaibatsu elimination. Source: Internet
However, the companies formed from the dismantling of the zaibatsu were later reintegrated. Source: Internet
Matsushita (which later took the name Panasonic), while not a zaibatsu, was originally also targeted for dissolution, but was saved by a petition signed by 15,000 of its unionized workers and their families. Source: Internet
Kishi persuaded the Army to allow the zaibatsu to invest in Manchukuo, arguing that having the state carry out the entire industrialization of Manchukuo was costing too much money. Source: Internet
Kishi pioneered an etatist system where bureaucrats such as himself developed economic plans, which the zaibatsu had to then carry out. Source: Internet
Sixteen zaibatsu were targeted for complete dissolution, and 26 more for reorganization after dissolution. Source: Internet