The Yakuza: Japan's Organized Crime Group

TLDR The Yakuza is a Japanese mafia that originated from gamblers and peddlers in the 18th century. They have a hierarchical structure based on the Oyabun-Kobun relationship and engage in a variety of criminal activities, as well as legitimate businesses.

Timestamped Summary

00:00 The Yakuza is the Japanese mafia, and after reading an article about how they work, it seems that they have a lot in common with the Italian mafia and may not have fought at all if they had spoken before battling.
04:18 The Yakuza is an organized crime group in Japan that has origins in both noble samurai lineage and masterless samurai who engaged in criminal activities.
08:32 The Yakuza originated from gamblers and peddlers in the 18th century who eventually organized themselves into clans for better business, with the largest clan being the Yamaguchi Gumi Clan.
12:58 The Yakuza hierarchy is based on the Oyabun-Kobun relationship, where everyone plays both roles except at the very top and bottom, and the Oyabun is like a father figure to those below them.
17:20 The Yakuza often carry out extortion schemes based on Japanese politeness rather than violence, and Koreans make up a large percentage of the Yakuza due to their outsider status in Japan.
21:58 The Yakuza have a practice called Yubizumi, where if you disappoint your boss, you have to cut off part of your pinky finger and present it to them as a sign of apology and dependence.
26:31 Yakuza members sometimes engage in legitimate business ventures, such as investing in the stock market or taking control of companies through blackmail and intimidation.
30:39 Yakuza leader made contacts with the CIA and used his extensive smuggling network to consolidate power, but died before standing trial, and the Yakuza has faced increased penalties and restructuring due to the Ricoh act.
34:52 The Yakuza is involved in legitimate businesses such as professional wrestling, and they have strict rules against allowing people with tattoos into their establishments.
39:08 The hosts discuss their personal experiences and plans for the future, including starting a video blog and expressing gratitude to their audience.
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