Financial Services - Pasig, , Philippines
ACOM Co., Ltd. (Japan) is our parent company and the major shareholder, which held 80.00 % of its total shares. It was incorporated in 1978 and subsequently listed on the first section of the Tokyo Stock Exchange in 1996. The company conducts four main businesses representing: (i) Loan and Credit Card Business (ii) Guarantee Business (iii) Loan Servicing Business (iv) Overseas Financial BusinessACOM has been ranked as one of the largest and well recognized consumer finance companies in Japan and has established a strong record of innovation within the industry. It was the first operator which provided the 24 hours a day services via selected ATMs in 1979 and introduced the MUJINKUN automatic loan application machines in 1993. In 1998, ACOM was approved as a principal member of MasterCard International, becoming the first consumer finance company in Japan to obtain a license to issue credit card under the MasterCard name.Mitsubishi UFJ Financial Group Inc. ("MUFG") is the major shareholder of ACOM, holding 40.20% of its total paid-up registered capital as of June 30, 2017 ? that signifies a stable support of ACOM's business. ACOM was interested in entering into the consumer finance business in Thailand, and also has gained trust from its joint venture partners to take a major role in management and operation due to its expertise and experience in the similar type to business in Japan.
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