Fuji (apple) Fuji (apple) The Fuji apple is an apple hybrid developed by growers at Tohoku Research Station (農林省園芸試験場東北支場) in Fujisaki, Aomori, Japan, in the late 1930s, and brought to market in 1962. It originated as a cross between two American apple varieties — the Red Delicious and old Virginia Ralls Genet (sometimes cited as "Rawls Jennet") apples. According to the US Apple Association website it is one of the fifteen most popular apple cultivars in the United States. Its name is derived from the first part of the town where it was developed: Fujisaki. Fuji apples are typically round and range
Fuji Bank management, mortgages and retail financial services. However, the formation of Dai-Ichi Kangyo Bank (DKB) in 1971 dethroned Fuji from its top status in the Japanese banking industry. In an attempt to restore its preeminence, Fuji agreed to merge with Osaka-based Sanwa Bank in the late 1970s, but failed to win approval from the Ministry of Finance. Sumitomo Bank also rose as an intense competitor to Fuji in the 1980s, and both banks aggressively courted similar corporate banking clients, growing their loan portfolios dramatically with what would later become non-performing loans. Fuji Capital Markets Corp. was founded in New York in