keiretsu
/keɪˈrɛtsu/
noun
- A large Japanese business group or conglomerate made up of many companies that work closely together and often own shares in each other.
- The keiretsu system helped companies in Japan grow by sharing resources and technology.
- She studied how a keiretsu operates differently from a Western corporation.
- Many Japanese car manufacturers are part of a keiretsu that includes parts suppliers and banks.
Synonyms