BOOMBOX: MITSUBISHI

Mitsubishi - The first Mitsubishi company was a shipping firm established by Yataro Iwasaki (1834–1885) in 1870. In 1873, its name was changed to Mitsubishi Shokai. The name Mitsubishi has two parts: "mitsu" meaning "three" and "bishi" meaning "water caltrop" (also called "water chestnut"), and hence "rhombus", which is reflected in the company's logo. It is also translated as "three diamonds".

The company bought into coal mining in 1881 by acquiring the Takashima mine, using the produce to fuel their extensive steamship fleet. They also diversified into shipbuilding, banking, insurance, warehousing, and trade. Later diversification carried the organization into such sectors as paper, steel, glass, electrical equipment, aircraft, oil, and real estate.

As Mitsubishi built a broadly based conglomerate, it played a central role in the modernization of Japanese industry.

Diatone - Is a subdivision of Mitsubishi that made loudspeaker drivers in addition to home and studio loudspeaker systems.

The company started in 1945 to manufacture monitor speakers for NHK Japanese Broadcasting Corporation but closed down in 1999.

Jeagam - Mitsubishi label for radio equipment in Asian market.