[1] They were a major business grouping in Japan up to World War II.
Fuji Bank orchestrated the merger of Marubeni with Takashimaya in 1955 in order to create a strong trading company partner for Fuji's customers.
[3] Group presidents began meeting regularly in 1964.
Unlike the keiretsu that developed from the Mitsubishi, Mitsui and Sumitomo zaibatsu remnants, the Fuyo Group was intended to be open to other businesses as well as legacy zaibatsu businesses.
Following the merger, the Fuyo Group became centered on Marubeni, Meiji Yasuda Life Insurance and Yasuda Fire & Marine Insurance (now Sompo Japan).