Sumitomo Group - Wikipedia
The Meiji Restoration allowed Sumitomo to import and utilize Western machines and techniques in its mines. Sumitomo soon branched out into even more business areas entering the machine and coal industries, as well as the forestry, banking and warehousing businesses becoming a zaibatsu, or business conglomerate.. After World War II, the Japanese zaibatsu conglomerates, including Sumitomo…