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Updated: April 30, 2025
In the year 1687 the Mitsuis were appointed by the Government purveyors and controllers of the public exchange, and in recognition of the excellent manner in which the duties were performed, they were given the grant of a large estate in Yeddo.
Under it the family prospered exceedingly, so that when Japan decided to take on some portion of Western civilisation, the Mitsuis acted as the principal financial agents of the Government, and it was mainly owing to the enormous financial resources of the house placed by them at the disposal of the Government that the country was enabled at the period of the revolution to pass successfully through what might have been a most disastrous crisis.
As some reward for the great services rendered at the time, the present head of the house was created a peer. Since the opening of Japan to Western influence the business of the Mitsuis has enormously increased, and has been extended in various directions.
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