Japanese word

公団

Pronunciation

Romajikōdan

この公団は多くの住宅を管理します。ko no kō dan wa ō ku no jū taku o kan ri shi ma su

This public corporation manages many homes.

政府は老朽化した住宅を管理するため、新しい公団を設立しました。sei fu wa rō kyū ka shi ta jū taku o kan ri su ru ta me atara shi i kō dan o setsu ritsu shi ma shi ta

The government established a new public corporation to manage aging homes.

Describes an organization established by public authorities to carry out a specific service or project for the public.

公社kōsha: A public corporation that operates a service or business under public authority.

国や地方公共団体が出資して設立し、特定の公共事業を行う法人。kuni ya chi hō kō kyō dan tai ga shus shi shi te setsu ritsu shi toku tei no kō kyō ji gyō o okona u hō jin

公団 (kōdan) combines 公 (kō, "public") and 団 (dan, "group"), forming a term for a group organized for a public purpose.

In Japanese, 公団 (kōdan) usually refers to a government-established body, so it does not simply mean any company whose shares are publicly traded.