1977 Entered the moneylending business including commercial notes discount and loans on notes in March
J Trust entered the financial business for corporations in Osaka in 1977 and expanded its business mainly in Kansai area. J Trust was listed on the second section of the Osaka Stock Exchange in September 1998. Afterwards, J Trust opened branch offices in major cities all over Japan and tried to expand its business. However, problems surrounding moneylenders in 2000 and lowering of maximum lending interest rate led to exits and failures of competitors and we were also forced to scale down our operations.
Established Ikko Co., Ltd.
Started the moneylending operations including commercial notes discount and loans on notes for small and medium sized enterprises and sole proprietors
Registered as a moneylender pursuant to "Money Lending Business Act" which came into force
Listed on the second section of the Osaka Stock Exchange
(currently listed on the second section of the Tokyo Stock Exchange)
After Nobuyoshi Fujisawa became the largest shareholder in 2008, flexible and effective purchase of receivable and M&A activities were proactively carried out. We established the operational structure under which we can deal with the change in external environment promptly and make decisions swiftly, centering around business operations prioritizing risk management. As a result, we became the holding company in possession of know-how in various financial businesses including consumer finance business and servicer business.
Nobuyoshi Fujisawa became the largest shareholder of the Company through a TOB
Acquired Kazaka Servicer (currently Partir Servicer) and started the receivable purchase and collection business
Acquired Station Finance (currently Nihon Hoshou) and entered the consumer finance business
Transferred moneylending and credit guarantee operations to subsidiaries and became a holding company
Moved the headquarters to Tokyo and accelerated M&A activities. Capitalizing on the know-how accumulated in Japan, entered the savings bank business in South Korea in 2012. Established the office in Singapore which serves as the main base for investment activities in Southeast Asia. Acquired a commercial bank in Indonesia in 2014.
Moved the headquarters to Tokyo
Acquired KC Card and entered the credit card business
Chinae Savings Bank (currently JT Chinae Savings Bank) in South Korea started its operations
Started full scale expansion of the financial business in South Korea
Entered Southeast Asia through the establishment of JTRUST ASIA in Singapore
Implemented rights offering
Entered the banking business in Indonesia through the acquisition of shares of Bank Mutiara (currently Bank JTrust Indonesia)
Entered the elderly care business through the acquisition of Japan Care Welfare Group
As a result of continuous growth through various M&A activities, the total assets as of end March 2015 exceeded 500 billion yen. J Trust shifted its business model from the one centering around M&A activities to the business model in which banking business in Asia is the main contributor of the profit expansion. We will continue to achieve sustainable and stable growth without decelerating our growth pace.
Acquired Standard Chartered Savings Bank (currently JT Savings Bank) and Standard Chartered Capital (currently JT Capital)
Disclosed medium term business plan
Promised shareholders to achieve operating revenue of 140 billion yen, operating income of 22 billion yen and ROE of 10.0% in three years