was the new name given to the company Tanaka Seisakusho

Tanaka Seisakusho

was the first company established by Hisashige Tanaka, one of the most original and productive inventor-engineers during the Tokugawa / Edo Period. Established in 1875, it was the first Japanese company to manufacture telegraph equipment...

 (Tanaka Engineering Works), after it was declared insolvent in 1893 and taken over by Mitsui

Mitsui

is one of the largest corporate conglomerates in Japan and one of the largest publicly traded companies in the world.-History:Founded by Mitsui Takatoshi , who was the fourth son of a shopkeeper in Matsusaka, in what is now today's Mie prefecture...

 Bank.

In 1910, it formed a tie-up with GE

Gê

Gê are the people who spoke Ge languages of the northern South American Caribbean coast and Brazil. In Brazil the Gê were found in Rio de Janeiro, Minas Gerais, Bahia, Piaui, Mato Grosso, Goias, Tocantins, Maranhão, and as far south as Paraguay....

 USA, which, in exchange for technology acquired about a quarter of the shares of Shibaura. With this investment GE now had a stake in both Tokyo Denki and Shibaura Seisakusho - two companies that had a complementary line of products in light as well as heavy electrical equipment. Both companies were merged in 1939 to create Tokyo Shibaura Denki (Tokyo Shibaura Electric Company, now Toshiba

Toshiba

is a multinational electronics and electrical equipment corporation headquartered in Tokyo, Japan. It is a diversified manufacturer and marketer of electrical products, spanning information & communications equipment and systems, Internet-based solutions and services, electronic components and...

). The relation with GE continued until the beginning of the war and, after the war, resumed in 1953 with GE's 24 percent shareholding. This percentage has, however, decreased substantially since then. .