1. Introduction
Nomura group
The Nomura Group (野村グループ, Nomura Gurūpu?) formerly Nomura zaibatsu (野村財閥) is one of the major industrial and financial conglomerate groupings of Japan. Osaka Nomura bank was founded by Tokushichi Nomura II in 1919 after many successful business ventures and established on the Mitsui zaibatsu model. Like the majority of Japanese conglo
conglomerate since the year 2008.
It’s primary Financial goal is to maximize earnings and cash flow, and to allocate capital profitability toward growth initiatives that will drive long-term shareholder value. (refer to figure 3)
Strategic Group (Competitors):
Walt Disney Co.’s main competitors are large media conglomerates such as News Corp., Viacom, Time Warner, etc.
A. SONY is a leading multinational conglomerate corporation
Employs more than 171,000 people worldwide.
Annual revenue in 2009 was almost $8 billion, with almost $1.5 billion in profit.
Comprises of diverse divisions
B. SONY is losing its position
Profitability falling gradually since 1997 from 8% to 1% in 2006
No more worlds first, creative products
Problem of organization rather
재벌
A Business group that are owned and managed by Family members and relatives in many diversified business areas
Origin of Chaebol
1920s & 1930s after Japan’s colonial rule.
Japan set up companies in very strict control
Chaebol companies massively developed during president
Park Jung Hee in the 1960s & 1970s
The First Five-Year Economic Development Plan
(ONLY FEW GROUPS OF
Virgin group is very well known and respected company in the western countries. Even Virgin has very unique company culture and well known CEO named Richard Branson. Many Asian countries don’t know about them. Actually they underestimate a true value of virgin group. Therefore we will analyze structure and culture of virgin group. And then focus on the Richard Branson who is the CEO of Virgin.