Does Japan have chaebols?

Does Japan, a nation known for its unique blend of traditional culture and modern technology, possess the corporate giants known as chaebols? These conglomerates, often associated with South Korea, are typically family-owned and span multiple industries, wielding considerable influence in their respective economies. However, Japan's corporate landscape seems to differ, emphasizing stability and long-term relationships over rapid expansion and dominance. Could it be that the cultural and historical differences between the two Asian countries explain the absence of chaebols in Japan? Or perhaps, are there unrecognized equivalents lurking beneath the surface of Japan's business world, waiting to be discovered?