Economy of the Eastern Hemisphere (Anteria)

This article provides information about Companies, Businesses and Societies founded and imporant in the east.

History

First recorded companies date back to the medieval era, where gremial associations still held much of countries' internal production markets and businesses took years to grow due to extremely poor benefit margins.

Upon the dawn of eastern industrialization, many countries were soon to adopt a Mercantile Registry where to keep record of all different companies and societies founded on them, hoping to end the massive overlapping of names and brandings common to the era.

Many of these companies still exist today, either as creators of other companies, subsidiaries to larger groups, or mergers.

Prominent Companies

Riamo

Many of the country's companies operate under a Dual-Ownership Agreement, where government agencies gets to partially own and actively participate on the activity of companies.

Hoterallia

From the 1960s to the 1980s, overall real economic growth was extremely large: a 10% average in the 1960s, a 5% average in the 1970s, and a 4% average in the 1980s. By the end period, Hoterallia had moved into being a high-wage economy. It was also during this period that many prominent companies, agencies, and enterprises began to pop up in the Empire.

Hoterallia has one of the smallest tax rates in the developed world of Anteria. After deductions, the majority of workers are free from personal income taxes. The consumption tax rate is 10%, sometimes as low as 8%, while corporate tax rates are high, one of the highest corporate tax rates in Anteria, at 38.8%. The government has recently decided to reduce corporate tax and phase out automobile tax.

Culture, law and government

Salarymen take their train daily to work in the Orajioe metropolitan area (Orajioe Station, 2005)

The Hoterallian cultures and traditions are greatly rooted in the economy, some examples being the "Shousha's Strategy", which gives 24 different principles and behaviors that employees that work for the Shousha Corporation have to follow to achieve success or the "The Three Goals" that all employees wish to achieve in the workplace.

In recent years, the Hoterallian government issued multiple bills and policies that greatly restrict the okanebatsu from growing out of proportion and possibly having the power to control the country through corruption. These bills and policies were eventually revoked or scrapped as the influences of the okanebatsu have been greatly strengthening throughout the years, which means that restricting them would mean restricting the Hoterallian economy.

The term salaryman (サラリーマン, sararīman) refers to any salaried worker. In Hoterallian popular culture, this is embodied by a white-collar worker who shows overriding loyalty and commitment to the corporation within which he is employed. In conservative Hoterallian culture, becoming a salaryman is the expected career choice for young men and those who do not take this career path are regarded as living with a stigma and less prestige. On the other hand, the word salaryman is sometimes used with derogatory connotations for his total dependence on his employer and lack of individuality. But due to Hoterallian culture and high economic expectations, many Hoterallian is more likely to become a salaryman than any other job.

Okanebatsu

Three Okanebatsu head clans meeting, from left to right: Yomato Shousha, Kobayashi Tsuru and Ijuki Imae (2015).

Okanebatsu (お金閥) are clans that are vertically integrated into industrial and financial economies together, by doing this, many clans were able to gain a large amount of money while still obligated under the Empire regulations. They are extremely rich, they benefit both their clans, as well as the Empire, by doing so, they have the duty to sustain the large economy of Hoterallia. The dispersed corporations were re-interlinked through share purchases to form horizontally integrated alliances across many industries. Where possible, okanebatsu companies would also supply one another, making the alliances vertically integrated as well. In this period, official government policy promoted the creation of robust trade corporations that could withstand pressures from intensified world trade competition.

The major okanebatsu were each centered on one bank, which lent money to the okanebatsu's member companies and held equity positions in the companies. Each central bank had great control over the companies in the okanebatsu and acted as a monitoring entity and as an emergency bail-out entity. One effect of this structure was to minimize the presence of hostile takeovers in Hoterallia because no entities could challenge the power of the banks.

There are a total of six major okanebatsu clans that operates in Hoterallia.


Rank (in Hoterallia)	Name	Industry	Revenue (ACU millions)	Profits (ACU millions)	Employees	Headquarters
1	Shousha Group	Conglomerate	223,561	10,192	342,598	Oracloer
2	Tsuru Group	Conglomerate	190,288	9,096	289,544	Saipoi
3	Imae Group	Conglomerate	140,371	5,041	211,984	Magateza
4	Hiromori Group	Conglomerate	109,455	5,618	231,442	Gerkoller
5	Kayama Group	Conglomerate	108,761	6,041	301,501	Gerkoller
6	Nishigōri Group	Conglomerate	105,615	9,066	378,102	Magateza

List of Companies

Name	Industry	Sector	Headquarters	Founded	Notes	Stock Code
United Trenchways	Transportation	Railway company Construction	Guri	18XX	Holds the title for the largest rail operator in the eastern hemisphere	UTX
Hoterajia Telegraph and Telephone (HTT)	Telecommunications	Mobile telecommunications	Oracloer	1952	Established as a state monopoly in August 1952, one of Anterian largest telecommunication companies.
Hoterajia Life (Jissay Seimei)	Financial services	Insurance	Gerkoller	1890	the largest Hoterallian life insurance company by revenue.
Upsilon (ϒ)	Retailing	General merchandise stores	Oracloer	1799	A chain of "general merchandise stores" (or hypermarket) and the largest of its type in Hoterallia.
West Hoterallia Railway Company (HR Ocean)	Transportation	Railway company	Oracloer	1960 (Privatized)	A part of the Hoterallia Railways Group (HR Group) companies and operates in Western Hoterallia. A user of the SER.
East Hoterallia Railway Company (HR Grass)	Transportation	Railway company	Gerkoller	1960 (Privatized)	A part of the Hoterallia Railways Group (HR Group) companies and operates in Eastern Hoterallia. A user of the SER.
Central Hoterallia Railway Company (HR Pumpkin)	Transportation	Railway company	Magateza	1960 (Privatized)	A part of the Hoterallia Railways Group (HR Group) companies and operates in Central Hoterallia. A user of the SER.
National Hoterallia Railway Company (NHR)	Transportation	Railway company	Oracloer	1955	The business entity that operates Hoterallia's national sub railway networks. Do not use the SER.
PlatiThunder (Platinum Thunder)	Electronics	Consumer electronics	Oracloer	1920	PlatiThunder offers a wide range of products and services, including rechargeable batteries, automotive and avionic systems, industrial systems, as well as home renovation and construction.
Hoterajia Oil Company (Hoterasseki)	Mining	Oil and Gas	Magateza	1888	The Hoterajia Oil Company is a Hoterallian petroleum and metals conglomerate headquartered in Magateza, Hoterallia.
Tatte Corporation	Conglomerate	Financial services Retailing Fast food	Oracloer	1963	Tatte Corporation consists of over 90 business units employing 60,000 people engaged in diverse industries. It is also the biggest corporation that is not owned by Okanebatsu.
Imae Motor Corporation	Automotive	Automobile Motorcycles Commercial vehicles	Imamori City	1922	Imae Motor Corporation is a Hoterallian multinational automotive manufacturer headquartered in Imamori City, Nuime, Hoterallia. It is one of the largest automobile manufacturers in Anteria, producing about 10 million vehicles per year.
Hiromori Motor Company, Ltd.	Automotive	Automobile Motorcycles Commercial vehicles luxury vehicles	Oracloer	1934	Hiromori Motor Company, Ltd. is a Hoterallian public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Oracloer, Hoterallia. It is Hoterallia's second-biggest automotive manufacturer.
Kayama Banking Corporation Group (KBC Group)	Financial services	Personal banking Corporate banking Investment banking	Oracloer	1879	Kayama Banking Corporation Group is a Hoterallian multinational banking and financial services institution headquartered in Oracloer, Hoterallia. The group operates in the retail, corporate, and investment banking segments worldwide.
Orajioe Electric Power Company Holdings, Incorporated (OEPCO)	Electric utility	Electricity retails Electricity market	Oracloer	1950	OEPCO is a Hoterallian electric utility holding company servicing most of Hoterallia, it's currently promoting all-electric housing in order to both achieve the more efficient use of its generation capacity as well as erode the market share of gas companies.
Hoterajia Steel	Steel	Steel Wire products Chemicals	Magateza	1902	Hoterajia Steel is one of Anteria's largest steel producers by volume.
Dai-Nichi Industries, Ltd.	Electronics	Electrical device Computer hardware Semiconductor	Oracloer	1987	It is a raising semiconductor company, even though being new, it is one of Anteria largest dedicated independent (pure-play) semiconductor foundries.
Kobayashi House Industry Co., Ltd. (Kobayashi House)	Construction Real estate	Homebuilding Real estate	Gerkoller	1965	Kobayashi House is Hoterallia's largest homebuilder, specializing in prefabricated houses. The company is also engaged in the construction of factories, shopping centres, health care facilities, the management and operation of resort hotels, golf courses, and fitness clubs.
Daihoterajia Sumitomo Pharma	Pharmaceutical	Medication Biotech	Oracloer	1920	It is the largest pharmaceutical company in Olivacia. The company started its operation in 1922 with equipment imported from Gassasinian company, HealthTek.
Jia Transport Company, Ltd.	Courier	Courier	Gerkoller	1917	Jia Transport is one of Hoterallia's largest door-to-door delivery service companies.
EastStop Co., Ltd.	Manufactured goods	Consumer electronics consumer goods Retailing Convenience store	Oracloer and Puerto Real	1952	EastStop Co., Ltd. is owned by two different enterprises, the Hoterallian Okanebatsu of Tsuru Group and the the Gavrilian Combinado of Grupo Fonte.