Building local joint-venture platforms in Vietnam and Indonesia
First written in FY2016. 13 of 23 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-13.
No other company in this theme has enough history to compare yet.
- 2026-11-13SoftenedResults
「譲渡完了後、当社の持分比率は49％から20％となる予定ですが、HD SAISONは引き続き当社の持分法適用関連会社となる見込みであります。」
HD SAISONの持分譲渡により、持分比率を49％から20％へ引き下げる予定を示した。一方、持分法適用関連会社としての関係は継続する見込みである。 - FY2027-H1AdvancedAnnual report
「This transfer of equity interests is being carried out as part of the reorganization of the capital structure in preparation for the conversion of HD SAISON into a joint-stock company, including the associated change of name, and a future stock market listing. Final approval from the relevant Vietnamese authorities was obtained on 5 November 2026, and procedures toward completion of the transfer are under way. Following completion of the transfer, our equity interest is expected to decrease from 49% to 20%, while HD SAISON is expected to remain an equity-method affiliate of the Company.」
For HD SAISON in Vietnam, the capital structure is being reorganized in preparation for its conversion into a joint-stock company and future listing, and final regulatory approval has been obtained. HD SAISON is expected to remain an equity-method affiliate after completion of the transfer, although the equity interest is scheduled to decline from 49% to 20%. - FY2025RestatedAnnual report
「At HD SAISON Finance Co., Ltd. in Vietnam, we continued working to improve asset quality while expanding receivables. At the lending subsidiaries in Brazil and Mexico, we are also building the business platform in terms of both business development and organisational structure and steadily building our investment and financing track record through a partnership strategy with local partners.」
The company continues to expand and improve the quality of receivables at the Vietnamese joint venture and develop its overseas business platform through local partners. - FY2025-H1AdvancedAnnual report
「At HD SAISON Finance Co., Ltd. in Vietnam, we continued working to improve asset quality while expanding receivables. At the lending subsidiaries in Brazil and Mexico, we also steadily built our investment and financing track record.」
The Vietnamese joint venture expanded and improved the quality of its receivables, while the lending subsidiaries in Brazil and Mexico built their investment and financing track record. - FY2023-Q2AdvancedAnnual report
「At HD SAISON Finance Co., Ltd. in Vietnam, growth in cash loans drove overall performance, and the loan balance has recovered to its pre-COVID-19 level.」
At the Vietnamese joint venture, cash loans grew and the loan balance recovered to its pre-pandemic level. - FY2022-Q2AdvancedAnnual report
「At HD SAISON Finance Company Ltd. in Vietnam, we are expanding into the credit card business in addition to our existing point-of-sale instalment finance and loan businesses.」
The Vietnamese joint venture advanced from a business centred on point-of-sale instalment finance and loans to the stage of expanding into the credit card business. - FY2022-Q1AdvancedAnnual report
「At HD SAISON Finance Company Ltd. in Vietnam, in addition to its point-of-sale instalment finance business for motorcycles and consumer electronics, the company operates a credit card business nationwide. It is preparing its organisation to expand customer acquisition and developing additional functions.」
The company advanced from preparations for a limited launch to nationwide credit card operations in Vietnam and the development of a structure for customer acquisition and function development. - FY2021-Q3RestatedAnnual report
「Overseas, HD SAISON Finance Company Ltd. in Vietnam is preparing for the full-scale launch of a new credit card business in addition to its point-of-sale instalment finance business for motorcycles and consumer electronics. The initial launch will be limited in terms of the number of cards issued and the functions and services offered. We are preparing the organisation to expand customer acquisition going forward and developing additional functions.」
The Vietnamese joint venture continues its point-of-sale instalment finance business and preparations for a limited launch of its credit card business. - FY2021-Q2AdvancedAnnual report
「Overseas, HD SAISON Finance Company Ltd. in Vietnam is preparing for the full-scale launch of a new credit card business in addition to its point-of-sale instalment finance business for motorcycles and consumer electronics. The initial launch will be limited in terms of the number of cards issued and the functions and services offered. We are preparing the organisation to expand customer acquisition going forward and developing additional functions.」
At the Vietnamese joint venture, the credit card business advanced from the preparation stage to the stage of establishing the specific structure and developing functions for a limited launch in terms of the number of cards issued and the functions and services offered. - FY2021-Q1RestatedAnnual report
「Overseas, HD SAISON Finance Company Ltd. in Vietnam is preparing to launch a new credit card business in addition to its point-of-sale instalment finance business for motorcycles and consumer electronics.」
The Vietnamese joint venture continues its point-of-sale instalment finance business for motorcycles and consumer electronics and preparations to launch a new credit card business. - FY2020-Q2RestatedAnnual report
「HD SAISON Finance Company Ltd. in Vietnam mainly operates a point-of-sale instalment finance business for motorcycles and consumer electronics. The number of business locations and receivables are both growing steadily, successfully further strengthening the company's presence in Vietnam.」
The company continues to expand its point-of-sale instalment finance business for motorcycles and consumer electronics in Vietnam, as well as its number of business locations and receivables. - FY2020-Q1AdvancedAnnual report
「PT. Saison Modern Finance in Indonesia operates a digital lending business through collaboration with FinTech players in the rapidly growing P2P lending sector.」
The Indonesian joint venture expanded beyond its existing store-equipment leasing and other businesses into digital lending through collaboration with FinTech companies in the P2P lending sector. - FY2019-Q3RestatedAnnual report
「HD SAISON Finance Company Ltd., our joint venture with Ho Chi Minh City Development Joint Stock Commercial Bank (HD BANK), a leading local bank in Vietnam, mainly operates a point-of-sale instalment finance business for motorcycles and consumer electronics. The number of business locations and receivables are both growing steadily, successfully further strengthening the company's presence in Vietnam.」
The Vietnamese joint venture continues to expand its point-of-sale instalment finance business for motorcycles and consumer electronics, as well as its number of business locations and receivables. - FY2019-Q2RestatedAnnual report
「• HD SAISON Finance Company Ltd., our joint venture with Ho Chi Minh City Development Joint Stock Commercial Bank (HD BANK), a leading local bank in Vietnam, mainly operates a point-of-sale instalment finance business for motorcycles and consumer electronics. The number of business locations and receivables are both growing steadily, successfully further strengthening the company's presence in Vietnam. We are also making full-scale preparations to launch a new credit card business as we further expand our Vietnam operations, with the aim of becoming the leading comprehensive retail finance company in the country.」
The Vietnamese joint venture continues to expand its point-of-sale instalment finance business and prepare to launch a new credit card business. - FY2019-Q1AdvancedAnnual report
「HD SAISON Finance Company Ltd., our joint venture with Ho Chi Minh City Development Joint Stock Commercial Bank (HD BANK), a leading local bank in Vietnam, mainly operates a point-of-sale instalment finance business for motorcycles and consumer electronics. The number of business locations and receivables are both growing steadily, successfully further strengthening the company's presence in Vietnam. We are also making full-scale preparations to launch a new credit card business as we further expand our Vietnam operations, with the aim of becoming the leading comprehensive retail finance company in the country.」
The Vietnamese joint venture continued expanding its point-of-sale instalment finance business for motorcycles and consumer electronics and advanced to the stage of full-scale preparations for launching a new credit card business. - FY2018AdvancedAnnual report
「We also acquired part of the shares of Ho Chi Minh City Development Joint Stock Commercial Bank to launch a new credit card business and further expand our business in Vietnam. Going forward, by leveraging the businesses, expertise and networks of both companies, we will promote the provision of products and services tailored to consumer needs in Vietnam's rapidly growing retail finance market and aim to become the leading comprehensive retail finance company in the country.」
In addition to the existing joint venture in Vietnam, the company strengthened the foundation for launching a new credit card business and expanding operations by acquiring part of the shares of a local bank. - FY2018-Q3AdvancedAnnual report
「We also acquired part of the shares of HD BANK to launch a new credit card business and further expand our business in Vietnam. Going forward, by leveraging the businesses, expertise and networks of both companies, we will promote the provision of products and services tailored to consumer needs in Vietnam's rapidly growing retail finance market.」
In addition to the existing joint venture in Vietnam, the company moved toward launching a credit card business and expanding its local operations through the acquisition of part of HD BANK's shares. - FY2018-Q2RestatedAnnual report
「At HD SAISON Finance Co., Ltd., our joint venture with a leading local bank in Vietnam, we are steadily increasing transaction volumes, mainly through loans for motorcycles and consumer electronics, in response to strong consumer demand. As a result of developing local alliances and expanding the range of finance products handled since our capital participation in May 2015, both the number of business locations and receivables have grown substantially, successfully further strengthening our presence in Vietnam.」
The Vietnamese joint venture continues to expand motorcycle and consumer electronics loans, local alliances and the products handled. - FY2018-Q1RestatedAnnual report
「HD SAISON Finance Company Ltd., our joint venture with a local bank in Vietnam, is steadily increasing transaction volumes, mainly through loans for motorcycles and consumer electronics, in response to strong consumer demand. In July 2016, we opened a finance services counter at “Takashimaya Ho Chi Minh City,” which had opened in Ho Chi Minh City, and expanded local alliances and the range of finance products handled. As a result, since our capital participation in May 2015, both the number of business locations and receivables have grown substantially, successfully further strengthening our presence in Vietnam. In Indonesia, PT. Saison Modern Finance, our joint venture with a local company, provides leasing of store equipment, mainly for retail stores and restaurants, as well as services including private-label prepaid cards and points cards. We will continue developing new partners and expanding the products handled by providing a broad range of services.」
The Vietnamese joint venture continued expanding motorcycle and consumer electronics loans, local counters, alliances and products, while in Indonesia it operated store-equipment leasing and prepaid and points services. - FY2017-Q3AdvancedAnnual report
「HD SAISON Finance Company Ltd., our joint venture with a local bank in Vietnam, is steadily increasing transaction volumes, mainly through loans for motorcycles and consumer electronics, in response to strong consumer demand. In July 2016, we opened a finance services counter at “Takashimaya Ho Chi Minh City,” which had opened in Ho Chi Minh City, and expanded local alliances and the range of finance products handled. As a result, since our capital participation in May 2015, both the number of business locations and receivables have approximately doubled, successfully further strengthening our presence in Vietnam. In Indonesia, we began providing services to parties other than the Modern International Group, while developing new partners and expanding the products handled.」
In Vietnam, the number of business locations and receivables both approximately doubled after the capital participation. In Indonesia, the company expanded service provision beyond its existing joint-venture partner and increased its new partners and product range. - FY2017-Q2AdvancedAnnual report
「In July 2016, we opened a finance services counter at “Takashimaya Ho Chi Minh City,” which had opened in Ho Chi Minh City, and continued developing local alliances and expanding the range of finance products handled.」
In addition to expanding loan volumes in Vietnam, the company moved into opening a services counter at Takashimaya Ho Chi Minh City, developing local alliances and expanding its product range. - FY2017-Q1AdvancedAnnual report
「In addition to jointly developing prepaid electronic money and points services for Modern International's Seven Eleven Indonesia customers, we operate a leasing business for equipment installed by franchise owners when opening stores, in line with the planned expansion of Seven Eleven Indonesia's franchise business.」
From the establishment of the Indonesian joint venture, the business advanced into specific operations involving prepaid electronic money, points and leasing of franchise equipment. - FY2016First statedAnnual report
「In Vietnam, we entered into a comprehensive capital and business alliance with Ho Chi Minh Development Joint Stock Bank, which owns one of the country's leading finance companies, and launched a joint venture under the name HD SAISON Finance Company Ltd. In Indonesia, we established a joint venture for the multifinance business with PT. Modern International Tbk., which operates the retail business Seven Eleven Indonesia, thereby laying the foundation for our medium- to long-term overseas strategy.」
The company described its capital participation in Vietnam in May 2015 and the Indonesian joint venture established in September 2015 as the foundation for its overseas expansion.