Creation of New Businesses, Including Servicing Operations
First written in FY2018. 3 of 7 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AdvancedAnnual report
「The increase in personnel and the introduction of system tools accompanying digital transformation initiatives improved the efficiency of collecting delinquent receivables, while continued strengthening of collection operations through cooperation with consolidated subsidiary 中央債権回収株式会社 also contributed」
Collection operations through cooperation with 中央債権回収株式会社 have progressed to the stage of contributing to higher revenue and profit in the finance business. - FY2021-Q3RestatedAnnual report
「The credit business's operating revenue was ¥8,567 million, up 21.8% year on year, partly due to the steady performance of 中央債権回収株式会社, which became a consolidated subsidiary in the first quarter.」
The Company continues to explain that the steady performance of 中央債権回収株式会社 after its conversion into a consolidated subsidiary contributed to higher revenue in the credit business. - FY2021-Q2AdvancedAnnual report
「The credit business's operating revenue was ¥5,748 million, up 25.7% year on year, partly due to the steady performance of 中央債権回収株式会社, which became a consolidated subsidiary in the first quarter.」
The business performance of 中央債権回収株式会社 remained steady after its acquisition and conversion into a consolidated subsidiary, contributing to operating revenue in the credit business. - FY2020AchievedAnnual report
「On 1 April 2020, the Company acquired 100% of the shares of 中央債権回収株式会社.」
The initiative progressed from the consideration and basic-agreement stage for new businesses such as loan servicing to completion of the 100% acquisition of 中央債権回収株式会社 and its conversion into a consolidated subsidiary. - FY2020-Q2AdvancedAnnual report
「The Company announced that, on 14 November 2019, it had decided to enter into a memorandum of basic agreement concerning the acquisition of shares in 中央債権回収株式会社 and its conversion into a subsidiary.」
The new-business plan under consideration, including loan servicing, progressed to a specific plan to enter into a memorandum of basic agreement aimed at acquiring 100% of 中央債権回収株式会社, with the business combination scheduled for April 2020. - FY2019ReframedAnnual report
「Going forward, the Company will consider developing new businesses to expand its business scope and promote comprehensive support for customers' car lifestyles.」
The description of new business creation has expanded from consideration of businesses such as loan servicing to expanding the business scope to support customers across their entire car-related lifestyles. - FY2018First statedAnnual report
「Going forward, the Company will consider developing new businesses, including a loan-servicing business with strong synergies with its credit business, by leveraging the Group's strengths in credit assessment and account management for individuals.」
The Company is considering new business development, including debt collection, by leveraging its know-how in credit assessment and account management for individuals.