Origin of keiretsuJapanese
nounpl. keiretsu, or kei·ret·sus
Origin of keiretsuJapanese series, affiliation kei system retsu row, line
(plural keiretsus or keiretsu)
From Japanese 系列 (けいれつ keiretsu), from Middle Chinese 繫 (ɣèj "attached") + 列 (ljet "set", "row") (compare Mandarin xìliè 系列 "series", "set").
keiretsu - Computer Definition
In Japan, a strong alliance of related organizations that shares knowledge and cooperates to control its sector of the business, including the supply chain and distribution. Meaning "series," the "horizontal" Keiretsu are six major banks, such as the Mitsui Group and Sumitomo Group. "Vertical" Keiretsu are industry consortia, such as the Toyota Group, Honda Group, Hitachi and Toshiba. The Japanese government is involved and supportive. See interfirm network.
keiretsu - Investment & Finance Definition
A Japanese term used to describe a loose collection of firms that share one or more common links of ownership or business dealings.