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Book The Fable Of The Keiretsu: Urban Legends Of The Japanese Economy
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They were sensible business men. They could see that fighting the U. Militarists shot Takuma Dan — the Mitsui CEO — for being too pacifist, and they had several other business executives on their hit list. The military — once it took over the government — needed the firms to produce things like planes and tanks and guns.
To induce the firms to cooperate, they promised compensation. When the war ended in , most of these large firms were insolvent, except for that promised compensation. The executives had been right all along — fighting the U. The firms would give up their claims against the government, and the courts would wipe out all pre-bankruptcy claims.
A very large percentage of the big firms went through this procedure.
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Seventy-plus years after the event, someone comes and claims MHI owed him money. Did he work at MHI? Was he forced? Was he paid?
How would MHI know? Most of its factory managers are long dead. Most of its workers are long dead.
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But come on. The men who worked in Japanese factories are hardly the ones we should feel most sorry for.
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The plaintiffs claim they were forced to work in MHI factories. There was a draft going on , and the Americans were massacring the Japanese military.
The ones sent to MHI were lucky. Young Japanese men and some young Korean men were sent to front in the Burmese jungle.