Manchuria Heavy Industry Development Co., Ltd.

Japanese: 満州重工業開発株式会社 - まんしゅうじゅうこうぎょうかいはつかぶしきかいしゃ

A national policy company established as a "Manchukuo" corporation to implement the "Manchuria Industrial Development Five-Year Plan." Abbreviated as Mangyō. Its predecessor was Nihon Sangyo Co., Ltd. (Nissan), the headquarters of the emerging conglomerate Nissan Konzern. The "Manchukuo" government and Kwantung Army, which had drawn up the "Manchuria Industrial Development Five-Year Plan," asked Nissan Konzern to advance into Manchuria as the implementation agency, and in 1937, Nihon Sangyo, the headquarters, was reorganized and renamed Manchuria Heavy Industry Development. After that, Mangyō took over the shares of special companies owned by the "Manchukuo" government and the South Manchuria Railway (Mantetsu), while by around 1941, in developing Manchuria's resources and industry, it had formed the largest conglomerate at the time, with 31 companies in Manchuria and 63 in Japan, with a total paid-in capital of 2.264 billion yen.

Source: Heibonsha World Encyclopedia, 2nd Edition Information

Japanese:

〈満州産業開発五ヵ年計画〉の遂行機関として設立された〈満州国〉法人の国策会社。略称満業。その前身は新興財閥日産コンツェルンの本社日本産業株式会社(日産)である。〈満州産業開発五ヵ年計画〉を立案した〈満州国〉政府･関東軍はその遂行機関として日産コンツェルンに満州進出を要請，その本社日本産業を1937年満州重工業開発に改組改称させる。以後，満業は〈満州国〉政府および南満州鉄道(満鉄)所有の特殊会社株式を肩代りする一方，満州の資源･産業開発にあたり，41年ごろまでに満州に31社，日本に63社，その合計払込資本金総額22億6400万円の当時最大のコンツェルンを形成した。

出典　株式会社平凡社世界大百科事典第２版について　情報

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