History

Depart Sinyohanbai Co., Ltd. established in Hakodate, Hokkaido, with paid-in capital of \3.3 million. Begins monthly installment credit service for use at department stores based on the issuance of installment-shopping coupons to members who have joined through their workplace. Appoints Masajiro Ibe as director and president and Tatsuya Watanabe and Kaname Yamane as managing directors.

Opens Sendai Branch to enter Tohoku region.

Commemorates fifth anniversary by renaming itself Kitanihon Sinyohanbai Co., Ltd.

Begins credit guarantee service for financial institutions, the first service of its kind in Japan.

Introduces Special Coupon, a six-month payment system for big-ticket consumer durable items.

Deploys consumer finance checks to allow installment payments on purchases.

Head office moved to Suehirocho, Hakodate City.

In collaboration with large manufacturers, begins providing full-fledged shopping credit services.

Issues the first batch of credit cards in Sapporo and Sendai.

Establishes Tokyo Office (now Tokyo Branch) to enter Kanto region.

Lists on the Sapporo Securities Exchange.

Opens Osaka Branch to enter Kansai region.

Opens Nagoya branch to enter Tokai region.

Transfers head office to Tokyo.

Opens Fukuoka Branch and Hiroshima Branch to enter Kyushu and Chugoku regions.

Renamed JACCS Co., Ltd.

Lists on Second Section of Tokyo Stock Exchange.

Upgrades to First Section of Tokyo Stock Exchange.

Forms credit card business alliance with Duty Free Shoppers, the world's biggest duty free shop chain.

Is first in industry in Japan to offer bank card loan guarantees.

Establishes the Housing Loan Center (now Tokyo Housing Branch).

Begins issuing International brand credit cards, JACCS Visa Card and JACCS MasterCard.

Commemorates 35th anniversary by donating old head office building to the city of Hakodate (now Hakodate City Museum of Literature).

Begins issuing JACCS JCB Card.

Is first in industry to issue commercial paper.

Transfers Head Office to Ebisu Neonate building in Shibuya Ward, Tokyo.

Launches ¥100 million Come Home to JACCS Card campaign.

Implemented JACCS Card Pays Half of Your Interest campaign.

Lowers interest rate on card cash loans to 18.0% annually, the lowest rate in the industry (lower than limit under Interest Rate Restriction Act).

Implements JACCS Card Holiday Present campaign to commemorate 45th anniversary.

Launches JANET, a 24/7 leading-edge mission-critical online system through collaboration with IBM Japan.

Starts Intercom Club, a comprehensive online service for JACCS Card holders.

Celebrates 50th anniversary.

Obtains Privacy Mark certification.

Develops WeBBy mobile, the industry's first mobile phone-based shopping credit system.

Concludes basic agreement for business and capital alliance with Mitsubishi UFJ Financial Group, The Bank of Tokyo-Mitsubishi UFJ, (Now MUFG Bank, Ltd.) and Mitsubishi UFJ NICOS.

Becomes equity-method affiliate of The Bank of Tokyo-Mitsubishi UFJ, Ltd., (Now MUFG Bank, Ltd.) through third-party allocation of new shares.

Takes over shopping credit business of Mitsubishi UFJ NICOS Co., Ltd.

Establishes JACCS International Vietnam Finance Co., Ltd., and expands into overseas business

Acquires a 40% equity stake in Indonesian company PT Sasana Artha Finance (SAF). Enters motorcycle sales financing business.

Revamps corporate logo to mark 60th anniversary.

Donates solar power station to city of Hakodate as a part of initiatives to commemorate 60th anniversary.

Indonesian equity-method affiliate PT Sasana Artha Finance (SAF) merges with partner company PT Mitra Pinasthika Mustika Finance (MPMF). The surviving entity, MPMF, becomes an equity-method affiliate of JACCS.

JIVF becomes the first Japanese credit card issuer in Vietnam.

Establishes MMPC Auto Financial Services Corporation (MAFS) as a joint venture in the Philippines. MAFS commences automobile sales financing business.

Constructs backup center in partnership with IBM Japan for the Group’s mission-critical systems.

Launches industry’s first crowd-funding business.

Commences acquiring operations for Mastercard and Visa merchants.

Acquires additional shares in Indonesian equity-method affiliate MPMF, making the company a consolidated subsidiary of JACCS.

Establishes JACCS FINANCE (CAMBODIA) PLC. (JFC), and acquires a business license for Cambodia. JFC commences business in March of the same year.

Launches RAISE 2020 medium-term business plan.

Converts Philippines joint venture MAFS into a consolidated subsidiary of JACCS, and changes the company’s name to JACCS FINANCE PHILIPPINES CORPORATION (JFP).

Changes name of Indonesian consolidated subsidiary MPMF to PT JACCS MITRA PINASTHIKA MUSTIKA FINANCE INDONESIA (JMFI).

Three-Year Medium-Term Business Plan, “MOVE 70” starts

Transitions to the Tokyo Stock Exchange Prime Market as a result of a restructuring of market segment by Japan Exchange Group (JPX).

JACCS consolidated subsidiary JACCS FINANCE (CAMBODIA) PLC. changes its name to JACCS MICROFINANCE (CAMBODIA) PLC.

JACCS Lease Co., Ltd., enters into a capital and business alliance with Mitsubishi Auto Leasing Corporation.

Absodb domestic consolidated subsidiary JACCS Payment Solutions Co., Ltd.