Lotte (conglomerate) - Wikipedia, the free encyclopedia.txt

8/13/2019 Lotte (conglomerate) - Wikipedia, the free encyclopedia.txt

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Lotte (conglomerate)

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LotteIndustry food processing

retail

financial services

electronics

entertainmentand otherFounded Tokyo, Japan (June 1948)Founder(s) Shin Kyuk-Ho (Takeo Shigemitsu)Headquarters Shinjuku, Tokyo , Myeong-dong, Seoul, Japan, South KoreaArea served Asia, North America, EuropeRevenue 3,931,896 million (2011)[1]Operating income 328,141 million (2011)[1]Net income 191,847 million (2011)[1]

Employees 60,000LotteKorean nameHangul TranscriptionsRevised Romanization RotteMcCuneReischauer RotteChinese nameSimplified Chinese Traditional Chinese TranscriptionsMandarinHanyu Pinyin Ltin

Lotte Co., Ltd. is a multinational food and shopping corporation active in Japanand South Korea. Lotte was first established in June 1948 in Tokyo, by aJapanese businessman of Korean descent, known as Shin Kyuk-Ho in Korean or TakeoShigemitsu (Shigemitsu Takeo?) in Japanese. From Tokyo, Lotte expanded intoSouth Korea with the establishment of Lotte Confectionary Co., Ltd in Seoul onApril 3, 1967.

Lotte Group consists of over 60 business units employing 60,000 people engagedin such diverse industries as candy manufacturing, beverages, hotels, fast food,

retail, financial services, heavy chemicals, electronics, IT, construction,publishing, and entertainment. Lotte's major operations are overseen by Shin'sfamily in Japan and South Korea, with additional businesses in China, Thailand,Indonesia, Vietnam, India, USA, Russia, Philippines, Pakistan and Poland (Lottebought Poland's largest candy company Wedel from Kraft Foods in June 2010).Today, Lotte is the largest confectionery manufacturer in South Korea, and isthe third largest in Japan behind Meiji Seika and Ezaki Glico in terms of salesrevenue when only the sales of Lotte's confectioneries are counted.

Contents


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1 Management

2 Business

2.1 Sports

2.2 Lotte R&D Center

3 History

3.1 Name

4 See also

5 References

6 External links

Management[edit]

Lotte Holdings Co., Ltd. Lotte group's world headquarters are located inShinjuku, Tokyo : Myung-dong, Seoul. It is controlled by the founder Shin Kyuk-Ho's

family.Business[edit]

Lotte World in Seoul

Lotte Young Shopping Plaza in Taegu, South Korea

Song Seung-Jun, South Korean starting pitcher who plays for the Lotte Giants

Lotte group's major businesses are food products, shopping, finance,construction, amusement parks, hotels, trade, oil and sports.

Food Products: Lotte Confectionery, Lotte Chilsung, Lotte Samkang, Lotteria, EWedel

Shopping: Lotte Duty Free,[2] Lotte Shopping,[3] Lotte Mart, Lotte DepartmentStore, Lotte-Assi Plaza[4]

Entertainment: Lotte Cinema, Lotte Entertainment (investment and distribution ofdomestic and international films)

Finance: Lotte Insurance, Lotte Card, Lotte Capital

Housing: Lotte Castle High Rise Apartment Complex

Amusement parks: Lotte Cinema, Lotte World in Seoul, one of the world's largestindoor theme parks.

Hotels: Lotte Super Tower 123, skyscraper in Seoul, South Korea, 2014 and BusanLotte Tower skyscraper in Busan, South Korea, 2013

Trade: Lotte international[5]

Oils: Honam,[6] KP Chemical[7]


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Sports[edit]

Lotte also owns professional baseball teams

Chiba Lotte Marines in Japan (1971present)

Lotte Giants in Busan, South Korea (1982present).

Lotte R&D Center[edit]

Korea R&D Center : 23,4-ga, Yangpyeong-dong, Yeongdeungpo-gu, Seoul, South Korea

Japan R&D Center : Saitama, Japan

History[edit]

Lotte's first company was founded in June 1948 in Tokyo, Japan by a Japanesebusinessman of Korean descent, known as Shin Kyuk-Ho in Korean, or ShigemitsuTakeo (?) in Japanese, two years after graduating from Waseda Jitsugyo highSchool (). Originally called Lotte Co., Ltd, the company has grown fromselling chewing gum to children in post-war Japan to becoming a majormultinational corporation.

Name[edit]

The source of the company's name is neither Korean nor Japanese, but German.Shin was impressed with Johann Wolfgang von Goethe's The Sorrows of YoungWerther (1774) and named his newly founded company Lotte after the characterCharlotte[citation needed] in the novel ("Charlotte" is also the name of a newbrand of deluxe movie theatres run by Lotte). Lotte's current marketing sloganin Japan is "The sweetheart of your mouth, Lotte" (,Okuchi no koibito,Rotte?).

See also[edit]

Lotte CardLotte Capital

Lotte Chilsung

Lotte Confectionery

Lotte Department Store

Akio Shigemitsu

References[edit]

^ a b c Report 2011

^ Chevalier, Michel (2012). Luxury Brand Management. Singapore: John Wiley &Sons. ISBN 978-1-118-17176-9.

^ Lotteshopping.com

^ Lotteplaza.com


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^ Lotteintl.com

^ HPC.co.kr

^ KPchem.co.kr

External links[edit]

Lotte Group Japan (Japanese / English)

Lotte Group Korea (Korean / English)

Lotte Cookie Taiwan (Taiwan:Traditional Chinese)v

t

e

LotteLotte Capital

Lotte Card

Lotte ChilsungLotte Confectionery

Lotte Department Store

Lotte Giants

Chiba Lotte Marines

Lotte Hotels & Resorts Lotte World

Lotteria

Mybi

Hanaro Cardv

t

e

Chaebol (South Korean conglomerates)Economy of South KoreaTop 10 Samsung

Hyundai Motor Group

SK Group

LG Group

Lotte

GS Group


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Hyundai Heavy Industries Group

Kumho Asiana Group

Hanjin

HanwhaOthers Aju Group

Amore Pacific

Byuck San

CJ Group

Crown

Daelim Group

Daesang

Daewoo

Dongbu GroupDongkuk Group

Dongwon Group

Doosan Group

E-Land

Eugene Group

Halla

Hankook Tire

Hansol

Hite

Hyosung

Isu Group

KCC Group

Kiswel Group

Kolon

Kyobo Life

KT Group

KT&G


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LS Group

Nexen

Nongshim Group

Orion

Poongsan

POSCO

Shinsegae Group

SsangYong Group

STX

Taekwang Group

Taeyoung

Woongjin Group

YTN GroupCategory

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Lotte (conglomerate)

Chaebol

Conglomerate companies

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Lotte (conglomerate) - Wikipedia, the free encyclopedia.txt