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SOGO SHOSHA COMPANIES

Corporate Laws / Banking / SEBI / LLP - By: - Mr. M. GOVINDARAJAN - Dated:- 11-1-2016 - Sogo Shosha , a Japanese expression, can be transliterated as a general trading. Sogo means general and shosha means a trading company. The sogo shosa handle a wide range of products. They are characterized first by colossal sales, secondly by diversity of goods traded, from noodles to missiles, engage in both import and export with every major market in the world and thirdly by global reach of this network. .....

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rdinate companies may be considered operating companies, because they specialize in certain type of business. Japan has emerged as one of the dominant world traders since World War II, because of the sogo shosha. The term generally refers to the entire group of operating companies that comprise the conglomerate or sogo shosha. Unlike typical Western trading companies and Japan s some 9000 other trading companies, the sogo shosha are distinguished by their international networks, their trade of n .....

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companies. The responsibilities of these companies extend beyond trading because they take active measures to ensure stable levels of supply and demand over long periods. In addition to their ability to make the greatest use of the marketing intelligence network, the sogo shosha work on extremely thin margins, commonly little more than 1.5%. For this purpose the companies are to maintain very high sales volumes and remain focused on a long term business development. Prof M.Y. Yoshino, a Harvard .....

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e major goal, either at operational or philosophical level. There are really no other comparable firms, though the Governments in United States and elsewhere have become convinced on these companies. The authors further indicated that even in Japan, the sogo shosha is indeed regarded as a mysterious entity, difficult to know about or understand but universally acknowledged as a powerful force in the economy. But one common thread in all descriptions of sogo shosha is whatever be the source, is s .....

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58 550,984 Source: www.en.wikipedia.org. Sumitomo Corporation s Core Competence: Integrated Corporate Strength Trust: Based on Sumitomo s business philosophy, it has cultivated the trust of r customers over the years. This is the most fundamental and valuable asset of business. Global Network: With offices, subsidiaries and associated companies worldwide, the business network provides a basic platform for the prompt and secure transfer of goods, funds and information. Global Relations: This Comp .....

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