The Samurai Entrepreneur
Yataro Iwasaki was born a peasant-samurai in 1835. He didn't build carsâhe built an empire. Starting with three steamships, he founded the Mitsubishi company in 1870. His fierce competitive nature and nationalistic drive helped him monopolize Japanese shipping, creating the capital and infrastructure that would later allow Mitsubishi to manufacture everything from Zero fighter planes to the Lancer Evolution.
Origin of the Three Diamonds
Iwasaki's most visible legacy is the logo found on every Mitsubishi grille today. He designed the Three Diamonds emblem by combining two family crests: the three-leaf crest of the Tosa Clan (his feudal lords) and the three-tiered water caltrop crest of his own Iwasaki family. It is a symbol of the company's samurai roots.
The Industrial DNA
Although he died in 1885, decades before the first Mitsubishi Model A was built, Iwasaki established the corporate DNA of engineering dominance. He famously said, "Do not consume yourself with small profits," a philosophy that pushed Mitsubishi to tackle massive engineering challenges rather than just consumer goods. The rugged durability of the Pajero can be traced back to Iwasaki's iron will.