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Surviving the Depression, Wartime Controls Early Showa Era 1926-1951

Slashing Product Inventories 1927-

To surmount the difficulties encountered after the First World War, in 1927 the Company recalled and appointed as managing director Masaji Miki, the 13th Yokichiro, who had been working in a bank. The newly appointed managing director took measures to streamline the Company, including sharp reductions in product inventories, and his actions resulted in a rapid reformation in business performance.

Masaji Miki, the 13th Yokichiro

Masaji Miki, the 13th Yokichiro

To the Asian Mainland in Search of New Sales Regions 1941-

Due to the Second World War, the dyestuffs industry had been placed under government control and a national company, Japan Synthetic Dyestuffs Sales Co., Ltd. established in January 1941; the Company too came under the new organization's umbrella. Unable to freely conduct its business within Japan, we moved into the Asian mainland to set up business seeking out new sales regions.

The Company Name was Changed to MIKI & CO., LTD. 1943-

On August 16, 1943, amid sustained efforts to resolve the wartime misery, such as by forming new subsidiaries at home, the Company was once again preparing to meet the challenges of the future, and management decided to change the company name to the current MIKI & CO., LTD.

Smooth Postwar Recovery 1945-

Pacific War came to an end on August 15, 1945. The losses suffered by the Miki family during the war were the biggest in its then 270-year history.

Masaji Miki, the 13th Yokichiro, who set the Company's course for recovery from the devastation and chaos, would day after day sit upright before a Buddhist altar heirloom, composing his thoughts before conveying them. The funds necessary for rebuilding the business were smoothly dispensed; enraptured, all employees set about working together toward recovery.

Masaji Miki later reminisced that, "The employees worked really hard back then," even rapidly recording a profit in the following fiscal year, 1946, with improvements in performance following thereafter.

Loss of Farmland, Building Construction

After the war, the Miki family lost large tracts of farmland that had been handed down from its forebears. The building of rental property was planned as a way of replacing the land, with four buildings (two in Tokyo, one in Osaka and another in Tokushima) being completed in for 30 years that followed the war.

Osaka Branch

Osaka Branch

Three Miki Presidents Perform 60 Years of National Government Service

Japan first established its system of government by national assembly in 1890. When the opening ceremony for the first Imperial Diet was held in November of that year, Junji Miki, the 11th Yokichiro, attended in the capacity as a member of the House of Peers.
Since that time, three company presidents have served in the national administration.

Junji Miki, 11th Yokichiro
Member of the House of Peers for 14 years, 4 months
(June 1890 to September 1904)
Yasuharu Miki, 12th Yokichiro
Member of the House of Representatives for 1 year, 11 months
(March 1915 to January 1917)
Member of the House of Peers for 19 years, 10 months
(September 1918 to June 1938)
Total: 21 years, 9 months
Masaji Miki, 13th Yokichiro
Member of the House of Representatives for 3 years, 9 months
(April 1942 to December 1945)
Member of the House of Peers for 18 years, 4 months
(April 1953 to July 1971)
Total: 22 years, 1 month
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