Is there still a chaebol in Japan? Who are they? explain

Japan's current chaebol:

Mitsubishi, Mitsui, Sumitomo, Fuji (Furong), Sanhe and China First Bank are six consortia, which are loose consortia with no dominant relationship among the major member enterprises. These six consortia have their own core main banks and comprehensive trading companies, which are composed of representative enterprises of major industrial sectors in Japan. Its major banks and comprehensive trading companies play an important role in the group, such as intra-group financing and intra-group transactions, or organize member enterprises to participate in joint investment in mega-projects.

Mitsui Consortium: Founded in 196 1, it is currently composed of 25 large enterprises. Its core enterprises include Sakura Bank, Mitsui Property, New Prince Paper, Toshiba, Toyota Motor, Mitsukoshi, Toray, Mitsui Real Estate and so on. The consortium has advantages in chemical industry, heavy machinery, integrated motors, automobile manufacturing, real estate, nuclear power generation, semiconductors, medical care and office electronic equipment. The manager will call it "Ermuhui".

Mitsubishi Consortium: Founded in 1954, * * * is composed of 28 large enterprises and is one of the largest enterprise groups in Japan. Its core enterprises are: Tokyo Mitsubishi Bank, Mitsubishi Corporation, Mitsubishi Heavy Industries, mitsubishi electric, Honda Technology Research, Kirin Beer, Asahi Glass, etc. The group mainly focuses on automobile, complete sets of equipment, arms, electronics, petrochemical, aircraft, shipbuilding, nuclear energy and other industries, and is committed to the development of urban housing and new materials, controlling Japan's arms industry. The manager called it the "Golden".

Sumitomo Consortium: Founded in 195 1, it is currently composed of 20 large enterprises. The consortium has strong strength in the metal industry, financial industry and electrical industry. Its core enterprises include Sumitomo Bank, Sumitomo Metal, Sumitomo Chemical, Sumitomo Corporation, Matsushita Electric, NEC, Sanyo Electric and Asahi Beer. He has a foundation in petrochemical, steel, nonferrous metals, fine chemicals and other departments, and later engaged in marine development and nuclear energy. The manager will call it "Whitewater Club".

Furong Consortium: Founded in 1966, it is currently composed of 29 large enterprises. The consortium has great influence in various important fields such as manufacturing, commerce and finance in Japan. Its core enterprises include Fuji Bank, Nissan Motor, Japan Steel Pipe, Sapporo Beer, Hitachi, Marubeni, Canon, Seiko Japan, the largest bearing manufacturer in Japan, and Kubota, the largest agricultural machinery manufacturer. Marubeni, which started from the textile industry, is a large comprehensive trading company in Japan. The manager will call it "Lotus Club".

Sanhe Consortium: Founded in 1967, it is currently composed of 44 large enterprises. Its core enterprises include Sanhe Bank, Nissho Iwai, Japan Telecom Telephone (NTT), Japan Cotton, Cosmos Oil, Kobe Steel Works, Sharp, Japan Express, and Sekisui Chemical Industry. Among them, Japanese businessmen Iwai and Rimian are one of the nine largest trading companies in Japan. The consortium has strong strength in steel manufacturing, communication, liquefied gas, ceramics, rubber and other industries. The manager will call it "Sanshui Club".

First Bank Consortium: Founded in 1978, it is currently composed of 48 large enterprises. The consortium was established late and has the largest number of members among the six consortia. Its core enterprises include dai-ichi kangyo bank, Itochu Corporation, Fujitsu, Jinsong, Shimizu Construction, Kawasaki Steel, Asahi Kasei Industry, Fuji Electric, Yokohama Rubber, etc. The consortium has advantages in chemical fiber, finance, optical communication, computer, oil development, food and other fields. The manager will call it the "Golden Club".