vertical keiretsu

vertical keiretsu
A keiretsu system with a production-oriented close partnership between a major company (such as Toyota) and many small suppliers which work exclusively and/or constantly for their giant customer within the just-in-time concept

Dictionary of automotive terms. 2015.

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  • Keiretsu — A nihongo|keiretsu|系列|extra=lit. system or series is a set of companies with interlocking business relationships and shareholdings. It is a type of business group.Keiretsu in JapanThe prototypical keiretsu are those which appeared in Japan during …   Wikipedia

  • keiretsu — A Japanese word referring to the large groups of companies that are a characteristic feature of the Japanese economy, especially in the auto industry. Keiretsu companies do business first and foremost among themselves; tight supplier buyer… …   Dictionary of automotive terms

  • horizontal keiretsu — A keiretsu system where the keiretsu member companies have shareholdings in each other. The opposite is vertical keiretsu. The member companies own relatively small chunks of shares in one another and are each centered on a core bank; the… …   Dictionary of automotive terms

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