MITI and the Japanese miracle

1. Kawasaki Shipbuilding (14)

239,848

Est. 1896. Today Kawasaki Heavy Industries.

2. Fuji Paper ()

159,642

Est. 1887. Merged with Oji* Paper

1933.

3. Oji Paper

154,228

Est. 1873. Today Jujo* Paper (63), Oji Paper (69), and Honshu* Paper (88).

4. Kanegafuchi Textiles (47)

145,989

Est. 1887. Today Kanebo*, Ltd.

5. Karafuto Industries ()

117,353

Est. 1913. Merged with Oji Paper

1933.

6. Dai Nippon Textiles (55)

116,398

Est. 1889. Today Unitika, Ltd.

7. Mitsubishi Shipbuilding (2)

112,341

Est. 1917. Today Mitsubishi Heavy Industries.

8. Mitsui Mining (74)

111,827

Est. 1911. Today Mitsui Mining and Mitsui Metal Industries.

9. Toyo* Textiles (48)

111,490

Est. 1914. Today Toyobo*, Ltd.

10. Taiwan Sugar ()

109,539

Est. 1900.

(table continued on next page)

Page 159

TABLE

10 (cont.)

Name

^a

Total capital in yen

Remarks

II. 1940

(Thousands)

1. Japan Steel (1)

1,242,321

Est. 1934. Today New Japan Steel.

2. Mitsubishi Heavy Industries (2)

969,491

3. Oji * Paper

562,088

4. Hitachi Seisakusho (4)

552,515

Est. 1920. Today Hitachi, Ltd.

5. Japan Mining (30)

547,892

Est. 1912.

6. Japan Nitrogenous Fertilizer ()

540,344

Est. 1906. Postwar Chisso, Ltd.

7. Kanegafuchi Textiles