Mitsubishi began all the way back in 1870. Through its beginning shipping firm days, diversification of resources and centralization, and eventual dissolution after World War II, Mitsubishi has had an extensive history throughout the last century. Rising up from its disbandment and leading into what it is today, Mitsubishi Motors is just one independent company among the variety of others who share the same philosophy under the communal umbrella of Mitsubishi. Read on as we at West Side Mitsubishi explore the early history of Mitsubishi as a whole, how it fell, then rose, and how Mitsubishi Motors plays into the entity of Mitsubishi as an emblem of Japanese growth and ingenuity represented worldwide.
The Mitsubishi history starts in 1870 where its founder, Yataro Iwasaki, began a shipping firm with only three steamships. It quickly expanded further into different resource realms thanks to his brother, son and nephew, foreshadowing how the company would eventually look in modern days with its reach into various fields under the same banner. After the death of Yataro in 1885 to cancer, under the leadership of his brother, Yanosuke, the company began to exceedingly diversify its interests and even incorporated it. The company continued to grow and modernize, through both Yataro’s son Hisaya’s presidency, then further through Yanosauke’s son’s, Koyota, presidency. All of this growth and improvement only saw Mitsubishi flourish further as it diversified until it met its eventual dissolution through the repercussions of World War II.
The Fall and Rise of Mitsubishi
While Mitsubishi rose along with the booming industrialization of Japan in the pre-war days, everything came to an end (for the time being) with the conclusion of World War II. Allied forces made all of the large Japanese industrial companies disband, with Mitsubishi eventually doing so on September 30th, 1946. Many of the individual companies split into their own enterprises, with a lot of them giving up the classic emblem and name that built up over the years. The San Francisco Peace Treaty in 1952 would invite new life for Mitsubishi, allowing them back into the international front as a company. In 1954 over 100 companies previous of the Mitsubishi Corporation reformed, reuniting under their philosophical Mitsubishi principles of corporate responsibility, integrity and global understanding. These are the business tenets that tie all of these individual companies together under the Mitsubishi organization. Economic growth rose up again in the 1950 and 1960s, catapulting Mitsubishi back on an upward trend as it worked to regain its pre-war status. Leading into the modern age, Mitsubishi only continued to grow as strong individual pieces making up an even greater whole.
Mitsubishi Motors acts as just one of several of these independent companies acting under the joint effort of Mitsubishi as an entire entity. Mitsubishi Motors is its own company, but shares in the philosophical and traditional policy and outlook the company set forth for 150 years. From the three Mitsubishi principles of “Sankoryo” outlined above to the uniformity of the classic Mitsubishi diamond logo, Mitsubishi Motors is the proud automotive representative of what the entire company stands for. While one of the most well-known independent companies under the eponymous brand, Mitsubishi Motors is just a small part of the Japanese company that always mirrored growth and perseverance in every field.
To learn more about Mitsubishi Motors and how we at West Side Mitsubishi represent both Mitsubishi Canada and the Mitsubishi Corporation as a whole, don’t hesitate to contact us. Our Mitsubishi vehicles are proud and on display as evidence of Mitsubishi’s excellence in the automotive realm.