Mitsubishi suhi group is a loose entity composed of companies after the disintegration of Mitsubishi chaebol in Japan. In the name of Mitsubishi, Mitsubishi stands for "three" and Shi Bi stands for "water chestnut". The first Mitsubishi enterprise was Iwasaki Yataro, who took over the official Nagasaki Shipyard at 1870 (Gengwu), and the shipyard was renamed Mitsubishi Chamber of Commerce at 1873. Then Mitsubishi began to set foot in mining, shipbuilding, banking, insurance, warehousing and trade, and then set foot in paper, steel, glass, electrical equipment, aircraft, oil and real estate. Now Mitsubishi has established a series of enterprises, which play an important role in the process of Japanese industrial modernization.