Japan is one of the few highly industrialised countries that can expect to maintain its gross national product growth in the next financial year.
AERIAL VIEW Japanese Factories (2 shots)
GU Factories. Coal stockpile in foreground
LV&CU INTERIOR Steelworks (3 shots)
SV&CU INTERIOR Board showing Mitsubishi department (2 shots)
LV&CU Mitsubishi office, employees at work (2 shots)
LV&SV Computers (3 shots)
LV EXTERIOR Mitsui Building
LV&CU Employees working in office (3 shots)
LV&CU OCR Computer being operated (3 shots)
LV&CU Telex Machine in contact with Singapore, Hongkong, Sydney (4 shots)
LV&GV Ground-breaking explosion in Australia (2 shots)
LV&CU Giant excavator at work (2 shots)
GV PAN Mitsui Dockyard with Ship under construction in Japan
LV ZOOM OUT Coal off-loaded from mitsui ship.
Initials ET/2005 ET/2034
Script is copyright Reuters Limited. All rights reserved
Background: Japan is one of the few highly industrialised countries that can expect to maintain its gross national product growth in the next financial year.
Yet the country suffers from steeply rising costs of raw materials and, most of all, the oil crisis, as well as internal labour unrest, inflation and unemployment.
Japan's resilience lies in its unique trading system established by giant industrial combines -- companies like Mitsubishi and Mitsui.
These companies, together with a third giant corporation, accounted for more than 60 percent of the country's total import-export trade last year.
Mitsubishi had the largest share -- handling 10.1 percent of the country's exports and 14.4 percent of all imports.
Mitsui, on the hand, was responsible for 11, 3 percent of Japan's overseas trade.
Apart from direct trade which makes Japan what it is, these companies hold the largest percentage of Japanese overseas investment -- dealing through their affiliated banks with sums of money that most countries private businesses have to leave to their government to handle.
to ensure top efficiency the two companies spared no efforts to develop their communications with hundreds of branches around the world.
Mitsubishi alone, which spends 6.7 million dollars (about 3 million pounds sterling) a year on communications, transmits about 2.4 million words a day -- a figure said to be higher than Reuters World Services daily output.