The “Gōshū Zaibatsu” in Japan’s Cotton Empire

Long after Itōchū became a trading behemoth—ranked among the Fortune Global 500 and second only to Mitsubishi until recently, when it outstripped its rival to become Japan’s biggest trader¹—the company still proudly claims to be “descended from an Ohmi merchant” and “values the spirit of ‘sampo yosh...

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Bibliographic Details
Published inProvincializing Empire Vol. 18; pp. 131 - 166
Main Author Uchida, Jun
Format Book Chapter
LanguageEnglish
Published Germany University of California Press 2023
Edition1
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Summary:Long after Itōchū became a trading behemoth—ranked among the Fortune Global 500 and second only to Mitsubishi until recently, when it outstripped its rival to become Japan’s biggest trader¹—the company still proudly claims to be “descended from an Ohmi merchant” and “values the spirit of ‘sampo yoshi.’”² That merchant was Itō Chūbē, a peddler of textiles from Toyosato Village. Known as the “last Ōmi shōnin,” Chūbē began his career in the twilight of Tokugawa rule and opened shop in the cotton metropolis of Osaka on the heels of the restoration. He soon set about expanding his business abroad,
ISBN:9780520390119
0520390113
DOI:10.1525/9780520390126-009