Lotte

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For other uses, see Lotte (disambiguation).

Lotte
Korean name
Hangul	롯데
Revised Romanization	Rotde
McCune-Reischauer	Rotte
Japanese name
Katakana	ロッテ
Hepburn Romaji	Rotte
Chinese name
Mandarin	乐天
Pinyin	lètīan

Lotte Group is a large international conglomerate (see jaebeol) founded in June 1948 in Seoul, Korea by Shin Kyuk-Ho (신격호, 辛格浩), a South Korean national living in South Korea (odd months) and Japan (even months) who is alternatively known by his Korean name Takeo Shigemitsu(重光 武雄; Shigemitsu Takeo). After the normalization of diplomatic relations between Japan and South Korea in 1965, Lotte Confectionary Co., Ltd was established in Seoul on April 3, 1967. Originally called LOTTE Co., Ltd, the company grew from selling chewing gum to children in post-war Japan to becoming a major multinational corporation with overseas branches in dozens of countries and products shipped worldwide. Lotte Group consists of over 50 business units employing 38,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment. Today, Lotte is South Korea's eighth largest conglomerate. Lotte has major operations in South Korea, Japan, China, the Philippines, Thailand, Indonesia, Vietnam, America, and Europe and continues to expand. Shin was 387th on The World's Richest People list of 2005 in Forbes Magazine and moved up to 136th place in 2006.

Lotte's corporate offices are located in Tokyo, Seoul, and Beijing. According to the company's Japanese website, Lotte of Japan's capital stock is 4.39 trillion yen. Lotte of Japan employs 3,600 persons and operates 5 production facilities, 7 branch offices, and a research center in Saitama City. The company's core business focus in Japan is the production and sale of chewing gum, chocolate, biscuits, beverages, candy and ice cream. According to the company's Korean website, Lotte of Korea had 30 trillion won in sales in 2005.

In addition to candy and chewing gum, Lotte also operates the Lotteria chain of fast food restaurants, Lotte Hotel, and Lotte World in Seoul, one of the world's largest indoor theme parks. Lotte also owns the Lotte Giants baseball team in South Korea and Chiba Lotte Marines in Japan.

Interestingly, the source of the company's name is neither Japanese nor Korean, but German. Shin was impressed with Johann Wolfgang von Goethe's "The Sorrows of Young Werther" (1774) and named his newly-founded company Lotte after the character Charlotte (also the name of a new brand of deluxe movie theatres run by Lotte) in the novel. Coincidentally, Werther's Original is a popular brand of butterscotch candy manufactured by German confectioner Storck. Lotte's current marketing slogan in Japan is お口の恋人ロッテ (o-kuchi no koibito Lotte), which can be literally translated as "your mouth's lover, Lotte".

Contents 1 Main products 2 Group families 2.1 Food 2.2 Retail & Travel agency 2.3 Chemical, Construction & Machinery 2.4 Finance, Telecommunication & Service 2.5 Welfare, Research & Holding 3 See also 4 External links

[edit] Main products

Other Korean product of Lotte Confectionery

• Chewing gum
  • Ginseng gum
  • Green gum
  • Black Black
  • Cool mint gum
  • Xylitol sugar-free gum
• Chocolate
  • Ghana
  • Crunky - Milk Chocolate
  • Crunky - Cookies and Creme
  • Crunky - White Chocolate
  • Crunky kids
• Snacks
  • Pepero
  • Koara no māchi (Koala's March)
  • Toppo
  • Bikkuriman
• Ice cream
  • Coolish
  • Yukimi Daifuku
• Pocket warmers
• Beverages
  • Milkis

[edit] Group families

[edit] Food

• Lotte Confectionery
• Lotte Chilsung
• Lotte Ham & Milk Company
• Lotte Samkang
• Lotteria
• Lotte Ice Company
• Lotte Fresh Delica
• Lotte Bourangerie
• Lotte Pharmacutical
• Lotte Food
• Lotte TGI (see TGI Friday's)
• Lotte Krispykreme
• Lotte Welga

[edit] Retail & Travel agency

• Lotte Hotel
• Lotte Duty-Free Store
• Lotte Department Store
• Lotte Mart
• Lotte Supermarket
• Lotte Cinema Company
• Lotte Midopa
• Lotte Communications (Brand:Lotte.com)
• Lotte Corporate Company
• Lotte World
• Lotte Logistics
• Lotte Korea Seven
• Lotte Station Holdings (see Yeongdeungpo Station)
• Lotte Industry
• Lotte Trading Company
• Lotte FRL
• Lotte Asahi

[edit] Chemical, Construction & Machinery

• Lotte Honam Petrochemical
• Lotte Daesan
• Lotte KP Chemical
• Lotte Construction
• Lotte Machinery
• Lotte Aluminium
• Lotte Electronics

[edit] Finance, Telecommunication & Service

• Lotte Card
• Lotte Capital
• Lotte Fuji Film
• Canon Korea Business Solutions
• Lotte Telecom
• Daehong Communications

[edit] Welfare, Research & Holding

• Lotte R&D Holdings
• Lotte Academy
• Lotte Retail Holdings
• Lotte Foundation
• Lotte Giants

[edit] See also

• Chaebol
• Chiba Lotte Marines

[edit] External links

• Lotte Group Korea (Korean / English)
• Lotte Group Japan (Japanese / English)
• Thai Lotte
• Lotte USA