Corporate Information

Corporate History

May 1951 Established as a retailer specializing in installment sales.
Jun 1968 Listed on the First Section of the Tokyo Stock Exchange.
March 1976 The Seibu Department Stores, Ltd. and the Company established a shareholding relationship, develop a consumer credit system for the Saison Group.
August 1980 The Company’s name was changed from Midoriya Department Stores to Seibu Credit Co., Ltd.
August 1982 Credit Saison began to build a nationwide network of Saison Counters to process Seibu Card issues, and to install automated cash dispensers.
Started the lease business.
March 1983 Seibu Card name changed to SAISON CARD.
May 1985 Started credit guarantee business.
July 1988 Developed an international credit card with no membership fees through a tie-up with Visa and MasterCard.
October 1989 Company name changed from Seibu Credit Co., Ltd. to Credit Saison Co., Ltd.
January 1991 Affinity card business started.
April 1992 The first cards in Japan to support signature-less transactions (in Seiyu food outlets).
June 1995 Saison JCB Card issued in cooperation with JCB Co., Ltd.
October 1997 SAISON American Express® Card issued through an affiliation with AMERICAN EXPRESS®.
September 1999 Two combined credit/cash cards issued with regional banks, Shogin Saison cards and Suruga Saison card.
August 2000 Net Answer, a web site for cardmembers, started.
March 2001 Nominated for inclusion in the Nikkei Stock Average (Nikkei 225).
November 2001 Supporting company contract for the Japan national soccer team concluded.
February 2002 Shares of Saison Life Insurance Co., Ltd. transferred to GE Edison Life Insurance Co., Ltd. (currently Gibraltar Life Insurance Co., Ltd.)
Eikyufumetsu Points, or SAISON Permanent Points in English, started.
January 2003 Began using SAISON CARD EXPRESS for speedy online card issuance.
August 2003 Agreement reached on a comprehensive alliance with the card division of Idemitsu Kosan Co., Ltd. (Idemitsu Card mydoplus issued in April 2004).
September 2003 Super Value Plus, an insurance product exclusively for cardmembers, issued through a business alliance between Credit Saison, Saison Automobile and Fire Insurance Co., Ltd. and Sompo Japan Insurance Inc.
February 2004 Decision made to form a strategic equity and business tie-up with Resona Holdings, Inc. (Resona Card+S (Resona Card Saison) was issued in October 2004).
April 2004 Basic agreement reached with Takashimaya Company, Limited on a strategic alliance in the credit card business. (TAKASHIMAYA Saison Card issued in September 2004).
August 2004 Basic agreement on forming a strategic alliance in the credit card business concluded with the Mizuho Financial Group, Inc., Mizuho Bank, Ltd. and UC CARD Co., Ltd.
April 2005 New credit center Ubiquitous started operation.
Mizuho Mileage Club Card Saison issued.
October 2005 Saison Platinum American Express Card issued.
December 2005 Credit Saison acquired additional shares of Resona Card Co., Ltd., making this company an equity-method affiliate.
January 2006 Credit Saison merged with UC Card Co., Ltd. (card issuance business).
March 2006 New loan product, Saison Card Loan, issued.
June 2006 Comprehensive alliance formed with Yamada Denki Co., Ltd. in the credit card business (Yamada LABI Card launched in July of the same year).
July 2006 Agreements to form a business alliance with The Shizuoka Bank, Ltd.
(Shizugin Saison Card Co., Ltd. established in October 2006 and ALL-S Card issued in April 2007).
October/November 2006 Eikyufumetsu.com points exchange website launched.
JPN COLLECTION SERVICE CO., LTD. listed on the Hercules Section of the Osaka Securities Exchange.
Shareholder agreement signed with Daiwa House Industry Co., Ltd. and joint venture established (Heart One Card issued in May 2007).
March 2007 Saison Asset Management Co., Ltd. launched own investment trusts.
Agreement for comprehensive alliance with Yamaguchi Financial Group, Inc.
(YM Saison Card issued in October 2007).
June 2007 Maximum interest rate for cash advances reduced to 18%.
October 2007 Established Qubitous Co., Ltd., the industry’s first comprehensive processing service specialist.
(Qubitous was made a consolidated subsidiary in April 2008).
Integrated SAISON and UC point services (applied SAISON Permanent Points to the UC Card point system).
June 2008 Rental business launched (commencement of home appliance rental in an alliance with Yamada Denki).
September 2008 Absorbed LAWSON CS Card, Inc. by merger.
October 2008 Launched new credit operation center “Kansai Ubiquitous.”
March 2009 Started handling Flat 35 loans.
April 2009 Began to accept applications for Mitsui Shopping Park Card Saison.
March 2010 Basic agreement reached on comprehensive business alliance with SEVEN & i FINANCIAL GROUP CO., LTD.
(Apr. 2011, Sogo & Seibu Card business was split off into a new joint venture).
April 2010 Started operation of Akagi Nature Park.
June 2010 Strengthened alliance with AMERICAN EXPRESS®.
September 2010 Formed partnership with Walmart Japan Holdings G.K., and began to accept applications for Walmart Card Saison.
July 2011 Issued the NEO Money international prepaid card targeting Japanese residents traveling outside Japan.
August 2011 Tie-up with China UnionPay for affiliated store operations in Japan.
November 2011 Enabled use of Eikyufumetsu points for net shopping.
April 2012 Started handling “Flat 35 Plus” mortgage loan packages.
June 2012 Established a representative office in Hanoi, Vietnam.
August 2012 Conducted O2O demonstration trial in Ikebukuro, Tokyo.
January 2013 Started handling Saison Asset Formation Loans , a loan product for purchasing condominiums for investment.
April 2013 Established local subsidiary in Vietnam to conduct consulting business.
Issued COCOKARA CLUB CARD, Japan’s first Visa prepaid card usable at real stores.
Entered alliance with Coiney, Inc. on smartphone settlements.
June 2013 Started Saison CLO, a cardmember referral service linked to card settlement.
August 2013 Strengthened a business alliance with Concur, which provides expense management solutions.
February 2014 Began to accept applications for Mitsui Shopping Park Card Saison, which made the point system of the Mitsui Fudosan Group a common service.
April 2014 Opened a representative office in Jakarta, Indonesia.
May 2014 Established a local subsidiary in Singapore.
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