History

Yoshitaka Fukuda, AIFUL CORPORATION's current chairman, establishes a sole proprietorship as a consumer finance company

Established Marutaka, Inc. (now AIFUL CORPORATION) with capital of 9.0 million. in Sakyo-ku, Kyoto

Began unsecured consumer loan business with four branches: Kyoto Branch, Fukuoka Branch, Nagasaki Branch and Kokura Branch (all of which are now closed)

Marutaka, Inc. absorbs three related companies (Oasa, Inc., Yamakatsu Sangyo, Inc., Maruto, Inc.) and increases its equity capital to 0 million
Name simultaneously changed to AIFUL CORPORATION
Origin of the Company Name
The name of the Company was chosen through in-house suggestions, which takes the first letter from each of the key words in the following sentence: “A company with Affection, Improvement, and Faithfulness in carrying out its operations, filled with the spirit of Unity and Liveliness.”

Began providing unsecured loans for sole proprietors

Start of ATM operations (AIFUL Fine Cards issued)

Registration of money lenders based on enactment of the Money Lending Business Control Law

Began sales of real estate-secured loans

Introduced first Scoring System (automated credit check system)

Received transfer of business rights for loan business from Marumiya Co., Ltd.

All branches begin handling loans secured by real estate

Introduced auto-pricing system (System for automatically performing periodic credit examinations after customers borrow)

Absorption merger of Toshi Finance Co., Ltd.. (Based on the merger, established Aiful's Secured Loan Department (Now the Secured Loan Business Department) as a specialized division for large-sum real estate-secured loans)

Began operation of the AI Computing Center, Aiful's dedicated computer information processing facility

Opened Taiwanese Family Restaurant "Arisan" in Kyoto

Special sponsor of AIFUL Cup Kyushu Sports Festa in Kamitsue '93.

Converted MARUTOH Co., Ltd. (Sakyo-ku, Kyoto: real estate business) into a subsidiary

Absorption merger of MARUTOH Co., Ltd. (Based on the merger, established Amusement Business Section in the Restaurant and Entertainment Department as the group responsible for the company's karaoke business.)

Opened Heartful Center (now Contact Center, the company's centralized management center for toll-free inquiries and loan applications)

Completed installation of “Ojidousan”, an automated loan agreement machine, at Kanda north exit branch and Ikebukuro west exit branch

Entered cash dispenser/ATM alliance with distribution credit card companies

Established an Internet Homepage

Launched association of five consumer credit companies

Over-the-counter registration of company's stock with the Japan Securities Dealers Association

Began full-scale sales of commercial loans for consumers

Issued 4.0 million new shares through public subscription

Listed company's stock on the Tokyo Stock Exchange Second Section, Osaka Stock Exchange Second Section and Kyoto Stock Exchange

Opened automated application teller "Concentration Center Kyoto"

Implemented stock split at 1.2 shares for 1 ordinary par value share

Registered as certified finance corporation based on "Law Concerning the Issuance of Corporate Bonds for the Financial Industry Loan Business" (Kinki Bureau of Finance Chief No. 1)

Concluded agreement on transfer of operating assets of Nippon Benefit Co., Ltd.

Completed installation of 16 "Concentration Centers" for automated loan agreement machines

Balance of loans reaches one trillion yen

Listed on First Section, Tokyo Stock Exchange and First Section, Osaka Securities Exchange

Launched "e-cashing" Internet cashing service

Reached two million customer accounts

Implemented stock split at 1.5 shares for 1 ordinary par value share

100% subsidiary of AIFUL took over operating assets from Happy Credit Co., Ltd., and Sky Co., Ltd., and commenced operations as Happy Credit Co., Ltd.

Converted Sinwa Co., Ltd., into 100% subsidiary (share exchange method)

ICapital increased to 39.78852 billion yen

Concluded sponsor agreement with LIFE, a sales finance company

Established business finance company Businext Co., Ltd. through a joint venture with Sumitomo Trust and Banking Co., Ltd.

Completed new headquarters building (Shimogyo-ku, Kyoto）

Converted LIFE Co., Ltd., into 100% subsidiary

Introduced loan adviser system

Converted Sanyo Shinpan Co., Ltd., into 100% subsidiary

Issued 8.5 million new shares through public subscription (domestic and overseas) and raised 83.3 billion in new capital.

Partial transfer of treasury stock (4.12%) related to LIFE Co., Ltd., to main financial institutions

Established servicer company AsTry Loan Services Corporation in joint venture with Aozora Bank, Ltd.

Introduced stock options

AIFUL services made available from ATMs of group company Sinwa Co., Ltd.

Purchased claims from business loan division of Misawa Homes Co., Ltd.

Introduced 7th Scoring System,

Established Compliance Committee

AIFUL services made available from ATMs of group companies Happy Cedit Co., Ltd., Sinwa Co., Ltd., and Sanyo Shinpan Co., Ltd.

Formed a partnership for business loan guarantee with Daiwa Bank, Ltd.

Entered cash dispenser/ATM alliance with city banks

Acquired MasterCard International principal member license

Converted business finance company City's Co. Ltd. into 100% subsidiary

Joined the Japan Business Federation (Nippon Keidanren)

Received "Listed Company Disclosure Commendation" from the Tokyo Stock Exchange

Sold Taiwan-style "family restaurant" business, Alishan to BB Restaurant Service corp.

Converted KOKUSAI Capital Co., Ltd. into 100% subsidiary

Concluded sponsor agreement with TCM. Co. Ltd.

Happy Credit Corporation merged with Sinwa Co., Ltd., and Sanyo Shinpan Co., Ltd. The incorporated company changed its name to Tryto Corporation.

Converted Wide Corporation into 100% subsidiary

KOKUSAI Capital Corporation changed its name to New Frontier Partners Co., Ltd.

Converted TCM. Co. Ltd. into 100% subsidiary

Converted Passkey Co., Ltd. into 100% subsidiary

Established specialized internet loan companies, id Credit Corporation and Net One Club Corporation

id Credit Corporation and Net One Club Corporation are commenced operations

Established a new company, AGM Research Institute Co., Ltd.

Introduced 8th Scoring System

Absorption merger of id Credit Corporation and Net One Club Corporation

Revised management philosophy. The new management philosophy is "Earn the trust of society through corporate activity based in integrity"

Established Risk Management Committee

Introduction of executive officer system

Issued new shares through third-party and offered new convertible bonds

Transferred all shares of 4 subsidiaries, Wide Corporation, TRYTO Corporation, TCM. Co.Ltd., and Passkey Co.,Ltd, to NEOLINE CAPITAL Co.,Ltd.

Dislisted voluntarily from Osaka Securities Exchange

Subsidiary LIFE Co., Ltd. (now a consolidated subsidiary) established a wholly owned subsidiary for the credit card business and credit guarantee business, called Life Card Co., Ltd. (now a consolidated subsidiary)

Under the group reorganization, credit sales business as well as the credit guarantee and insurance businesses of LIFE Co., Ltd were transferred to LIFE CARD Co., Ltd by way of corporate spinoff and merger

Furthermore, four consolidated subsidiaries (LIFE Co., Ltd (following its spin-off), City's Corporation, City Green Corporation and Marutoh KK) were merger with AIFUL

New Frontier Partners Co., Ltd. (a current consolidated subsidiary), a wholly owned subsidiary of the Company, acquired all shares in BUSINEXT CORPORATION (a current consolidated subsidiary) owned by the Company and Sumitomo Mitsui Trust Bank Limited and made it a wholly-owned subsidiary.

LIFE GUARANTEE CO.,LTD commences installment guarantee business.

AIRA & AIFUL Public Company Limited, a joint venture, is established with AIRA Capital, as an overseas subsidiary in Thailand

SANSHU Finance Corporation, which manages the lease business in Shanghai, China, becomes a member of the Group

AIRA & AIFUL Public Company Limited commences the consumer finance business in Thailand with the A Money brand

Shares of Anshin Guarantor Service Co., Ltd., a group company, are listed on the Tokyo Stock Exchange Mothers

New Frontier Partners Co., Ltd. (a current consolidated subsidiary) changed its corporate name to AG Capital Corporation.

The 50th anniversary of AIFUL’s establishment

Acquired shares of PT REKSA FINANCE, which manages the used cars loan business in Indonesia

AIRA & AIFUL Public Company Limited is included in the scope of consolidation

Established AsTry Partners Corporation, which manages the corporate turnaround & restructuring business

Group company Anshin Guarantor Service Co., Ltd., is included in the scope of an equity method affiliate

AIFUL’s manned stores operating nationwide are transitioned to a corporate sales organization that sells products of the AIFUL Group

Established AG Miraibarai Co.,Ltd, which manages the Postpay settlement business

AIFUL Group companies below have been renamed as follows:

BUSINEXT CORPORATION (currently a consolidated subsidiary) to AIFUL BUSINESS FINANCE CORPORATION; AsTry Loan Services Corporation (currently a consolidated subsidiary) to AG Loan Services Corporation; LIFE GUARANTEE CO., LTD. (currently a consolidated subsidiary) to AIFUL GUARANTEE CO., LTD.; Life Stock Center Co., Ltd. to AIFUL STOCK CENTER CORPORATION; and AsTry Partners Corporation to AIFUL Partners Corporation.

Anshin Guarantor Service Co.,Ltd. a group company, changed its listing to the First Section of the Tokyo Stock Exchange

AG Medical Finance Co., Ltd., commences the medical fee-type secured loan business

Shifted to 'Prime Market' of the Tokyo Stock Exchange

Established AG Smile Leaseback Corporation, which manages the Leaseback business

Renewal of Group Visual Identity/ Announcement of New "Art Symbol" and "Corporate Name Logo"

AIFUL Group companies below have been renamed as follows: AIFUL GUARANTEE CO., LTD. (currently a consolidated subsidiary) to AG GUARANTEE CO.,LTD.; AIFUL Partners Corporation to AG Partners Corporation; AIFUL STOCK CENTER CORPORATION to AG STOCK CENTER CORPORATION; AIFUL SMILE LEASEBACK CORPORATION to AG Smile Leaseback Corporation.

Acquired shares of FPC Co., Ltd., which manages the small amount short-term insurance business, and became member of the AIFUL Group

AIFUL BUSINESS FINANCE CORPORATION (currently a consolidated subsidiary) changed its corporate name to AG BUSINESS SUPPORT CORPORATION

Renewal of LIFECARD’s Visual Identity/ Announcement of New "Art Symbol" and "Corporate Name Logo"

Acquired shares of Seven Seas Co., Ltd., which manages the system engineering service, and became member of the AIFUL Group

Acquired shares of Liblock Inc., which manages the system engineering service, and became member of the AIFUL Group

AG Guarantee Co., Ltd. (currently a consolidated subsidiary) merged with AG Miraibarai Co., Ltd, a consolidated subsidiary of the Company, and changed its name to AG Payment Service Co.,Ltd

Announced Medium-term Management Plan 2024

Established AG Solution Technology Corporation, which manages subsidiaries and related operations

Acquired shares of Bitcash Inc., a company engaged in the issuance of prepaid electronic money, making it a member of the AIFUL Group

Acquired shares of Salop, Inc., a company engaged in the system engineering service, and making it a member of the AIFUL Group

Acquired shares of TEMPLATE co., ltd. a company engaged in the system engineering service, and making it a member of the AIFUL Group

Acquired shares of Smart Link co., ltd. a company engaged in the system engineering service, and making it a member of the AIFUL Group