ACOM History

The Birth of ACOM

ACOM was established on October 23, 1978, as a fully-owned subsidiary of its predecessor Maruito, based on a strong desire to create a public company in the consumer credit industry. A fresh new company name was chosen as a deliberate departure from the textile associations of the Gofuku Ten name.

Origins of the Company Name

ACOM's company name came from the first letters of "Affection", "Confidence", and "Moderation."

Affection represents "a cordial and warm relationship, putting ourselves in customers' shoes". Confidence represents the behavioral guideline of "building a better relationship of confidence with customers", which has been handed down with the spirit of "Trusting customers" since the business's foundation.

Moderation represents "a moderate corporate attitude which exists soundly in customers' lives", with the hope of being highly regarded and recognized, as a community-based company.

ACOM logo

This logo, which is also the capital letter of 'ACOM', symbolizes the spirit of foundation, the "Circle of Trust", and also expresses ACOM's unlimited expansiveness - which, like the vast universe, is uninterrupted in a gently broadening circular arc.

ACOM Timeline

1936 4 Founder, Masao Kinoshita, started wholesale and retail textile business under the name "Maruito Gofuku Ten" in Sannomiya, Ikuta-ku (present, Chuo-ku), Kobe, Hyogo.
1948 7 Established the Nada branch (located in Nada-ku, Kobe-shi), and started pawn-broking business.
1960 3 Started "Salary-Man Loan", a type of consumer finance business, at the Motomachi branch (located in Chuo-ku, Kobe-shi).
1967 8 Established the Tokyo branch as the first branch in the Tokyo area (located in Yaesu, Chuo-ku).
1970 5 Developed the first automatic cash dispenser in Japan, and set up at the Umeda branch (located in Kita-ku, Osaka-shi).
1978 10 "ACOM CO., LTD." was founded with paid-in capital of 500 million yen as the business of consumer finance, and established its office in Nihonbashi, Chuo-ku, Tokyo.
1979 12 Installed an automatic teller machine (ATM), which provides a 24-hour/365-day service, at the Ginza branch (located in Ginza, Chuo-ku), as the first in the industry.
1993 7 Installed "MUJINKUN", automatic contract machine, at the Shinjuku branch and the Hakata branch as the first in the industry.
10 Listed ACOM stock on the over-the-counter market at Japan Securities Dealers Association.
1994 12 Listed ACOM stock on the second section of the Tokyo Stock Exchange.
1996 9 Established "SIAM A&C CO., LTD." as a joint venture of hire purchase business in Kingdom of Thailand.
Listed ACOM stock on the first section of the Tokyo Stock Exchange.
1998 7 Acquired principal membership of Mastercard International and obtained a license to issue credit cards.
2004 3 Reached an agreement with respect to a strategic business and capital alliance with "Mitsubishi Tokyo Financial Group, Inc." (present, "Mitsubishi UFJ Financial Group, Inc.").
2007 12 Jointly acquired "PT. Bank Nusantara Parahyangan, Tbk." in Republic of Indonesia with "The Bank of Tokyo-Mitsubishi UFJ, Ltd."(present, The MUFG Bank, Ltd.)
2008 12 Became a consolidated subsidiary of "Mitsubishi UFJ Financial Group, Inc." as the parent company.

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