Iwasaki Yatarō

Yataro Iwasaki (Japanese岩崎 弥 太郎, born January 9, 1835 in Aki province of Tosa, † February 7, 1885 ) was a renowned and influential Japanese. He founded in 1873 the company empire Mitsubishi.

Iwasaki was born the son of a simple farmer in Aki province of Tosa, as his grandfather had sold his samurai status for payment of debts.

At age 19, he followed a member of the Tosa clan to Edo (Tokyo) to further studies. But only a year later he had to return because of a serious breach of his father. A dispute with local authorities put him in the episode for seven months in jail.

Later he studied with the well-known reformer Yoshida Toyo. Through the connections Yoshida Iwasaki got a job with the Tosa clan and was able to buy back his family's samurai status. After Yoshida had been killed in an attack, Iwasaki rose through the mediation of a nephew Yoshida in just three months as head of the Tosa branch on and managed an office for import and export.

As the 300 -year-old shogunate ended in 1867 and Japan opened, Iwasaki Yataro went to Osaka, which had now become important commercial center of Japan. There he took a privatized during the Meiji Restoration commercial establishment of the now deposed Tosa clan, which he laid the foundation for his later business empire. Initially called Tsukumo - trading company, he named his company in March 1873 in order Mitsubishi. The Mitsubishi logo is a fusion of his own coat of arms with that of the Tosa clan. The company logo depicts three diamonds, which is also the meaning of the company name.

He built his business continuously and became an equally wealthy and influential businessman and financier. The business career can be read in the article Mitsubishi accurate. At the age of only 50 years Iwasaki died in 1885 from the effects of cancer of the stomach.

  • Entrepreneurs (19th Century )
  • Mitsubishi
  • Japanese
  • Born in 1835
  • Died in 1885
  • Man
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