The Transformation of Saison Fundex Corporation

Saison Fundex Corporation President and Representative Director Yoshiaki Miura Our customers have diverse financial needs. The number of financial institutions in Japan—including megabanks, regional financial institutions, and agricultural cooperatives—exceeds 1,400, and we can receive stable financial services on a daily basis, thanks to the network of branches across Japan. However, there is no end to the number of inquiries about not being able to get a bank loan or not being able to get a loan in time because of the time it takes for the screening process. We at Saison Fundex Corporation have been providing faster and more in-depth financial services to those in financial trouble, as well as optimal solution services to our customers.
　In addition to providing financial solution services to customers who are unable to obtain loans from banks and other financial institutions by utilizing our high level of expertise in real estate finance, our credit guarantee business—which we launched in 2010 in partnership with a regional bank—has grown rapidly due to its reputation for our individualized screening approach to meet the detailed needs of the market. Credit guarantee balances in FY2024 will exceed ¥350.0 billion, and at present, the number of financial institutions with which we are affiliated is continuing to increase.
　Our leaseback business, which we launched in 2017, has become one of the industry’s leading companies and is often used for daily life solutions by elderly households who need money in old age. In 2023, we made Fundex Servicing Co., Ltd. into a subsidiary and entered the servicing business. We are making the best use of our real estate servicing collection expertise in the loan business to aim for a more in-depth screening system.
　In this way, the Company has been able to meet diversifying customer needs through a unique screening system, product development, and promotions, leveraging our experience in real estate finance and consumer finance. We have expanded the scale of the business, even as the industry has shrunk since the revision of the Money Lending Business Act. The scale of our business (operating assets) has increased sixfold over the past 10 years to nearly 10 times the level of our previous plan, and we expect to reach ¥7.0 billion in net income in FY2024, with a target of ¥10.0 billion in net income in our New Medium-term Plan.
　As Japan’s population ages, market needs are expected to shift to more personalized products. Passing on property, businesses, and other assets to the next generation has become a social issue. As part of the Credit Saison Group, we strive to provide comprehensive lifestyle services through the financial business to help our customers lead fulfilling lives, and we will continue to transform our business model so that our financial services are a familiar presence in life’s emergencies and in important business activities.