An ambitious young man named Yataro Iwasaki launched the first Mitsubishi company —a shipping firm—in 1870. Japan had just emerged from centuries of feudal isolation and was racing to catch up with the West. Yataro's business grew rapidly and diversified into a broad range of manufacturing and commerce. World War II brought an end to Mitsubishi as an integrated organization. But independent companies that trace their roots to the old Mitsubishi are active today in nearly every sector of industry.
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