Fuji Bank
The modern Fuyo Group was first developed in the early 1960s around Marubeni and Fuji Bank, paralleling the development of the DKB Group and Sanwa Group. Fuji Bank orchestrated the merger of Marubeni with Takashimaya in 1955 in order to create a strong trading company partner for Fuji's customers. 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.