Acom

Japanese consumer loan company From Wikipedia, the free encyclopedia

Acom (アコム, Akomu; TYO: 8572) is one of Japan's largest consumer loan companies, (or sarakin). The name "Acom" stands for Affection, Confidence and Moderation. The company was founded by Masao Kinoshita, who was later replaced by his eldest son Kyosuke Kinoshita, the current chairman of the company. In addition to providing loans, Acom issues credit cards.

Native name
アコム株式会社
Akomu Kabushiki gaisha
Company typePublic
Quick facts Native name, Romanized name ...
ACOM Co., Ltd.
Native name
アコム株式会社
Akomu Kabushiki gaisha
Company typePublic
TYO: 8572
IndustryFinancial services
Founded23 October 1978; 47 years ago (1978-10-23)
FounderMasao Kinoshita
Headquarters
1-9-1 Higashi-Shinbashi, Minato, Tokyo
,
Japan
Key people
  • Shigeyoshi Kinoshita (Chairman)
  • Naruse Hiroshi (Vice-Chairman
  • Kinoshita Masataka (President and Chief Executive Officer)
Products
OwnerMitsubishi Financial Group
Websiteacom.co.jp
Close

At the end of 2008, Mitsubishi UFJ obtained control of more than 40% of Acom stock and Acom became a consolidated subsidiary of MUFG.[1]

Ownership

As of April 2009, the founders (Maruito/Kinoshita) control about 40% of the shares, another 40% are controlled by MUFG.[2]

References

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