Holding Company Liquidation Commission

持株会社整理委員会／ holding-company-liquidation-commission　—　Institutions

An agency established in August 1946 that took over and sold off the stock holdings of the zaibatsu.

South Korea — November 21st / Chaebol Headquarters — A scene for the related term “Zaibatsu” — South Korea　November 21st ／ Chaebol Headquarters

The acquired shares were sold with priority to the company's employees, officers, and local stakeholders. It was a tool to dismantle the system where families controlled companies through stock ownership.