Mitsubishi has been founded in 1870, two years after the Meiji Restoration, with shipping as its core business. It is characterized by the start of mining for coal is needed for ships, shipbuilding from the government to repair ship used, set up a steel plant to supply steel to the shipbuilding, marine insurance business started to service delivery, and so on.
Then, managerial resources and technological capabilities acquired through the operation of ships used to expand the business further into the manufacture of aircraft and equipment. Similarly, overseas shipping experience led the company to enter the trading business.
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