Definition: In Japanese, "zaibatsu" refers to a type of industrial conglomerate or corporation. It is a large-scale business organization that combines manufacturing and distribution assets under one roof, often with a focus on technology, innovation, and research and development. These companies are often involved in industries such as automotive, electronics, energy, telecommunications, and others. They typically have subsidiaries, branches, and affiliates throughout the world, providing a wide range of services and products to their customers.