Originally Posted by
BBc News
So who does the average Japanese corporation resemble most - Nissan or Mitsubishi?
Seijiro Takeshita, director of Mizuho International PLC, said that Nissan is rare in its radical solutions. He said most companies had the Mitsubishi "gene", although the increased presence of foreign shareholders was forcing them to change, at least in part.
This means that they are reducing consensus management and increasing meritocracy.
But Mr Takeshita argued that the core characteristics of the Japanese model - weak shareholder influence, and a lack of clarity of responsibilities - had not changed.
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