Integrated Group Management Through Making Five Affiliated Companies Wholly Owned Subsidiaries
First written in FY2018-Q2. 6 of 26 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2026.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「b. Leasing business Ordinary revenue increased ¥194 million from the previous consolidated fiscal year to ¥7.929 billion, and segment profit increased ¥7 million to ¥319 million.」
The leasing business shifted from lower revenue and higher profit in the previous fiscal year to higher revenue and profit in the current fiscal year, with segment profit reaching ¥319 million. - FY2026-H1Higher lease revenue and lower profitAnnual report
「② Leasing business Ordinary revenue increased ¥53 million year on year to ¥3.971 billion, while segment profit decreased ¥19 million to ¥167 million.」
In the leasing business after conversion into a wholly owned subsidiary, ordinary revenue increased year on year while segment profit declined, resulting in higher revenue and lower profit in the interim period under review. - FY2025AdvancedAnnual report
「b. Leasing business Ordinary revenue increased ¥135 million from the previous consolidated fiscal year to ¥7.735 billion, and segment profit increased ¥103 million to ¥312 million.」
The leasing business shifted from lower revenue and higher profit in the previous fiscal year to higher revenue and profit in FY2025, with segment profit increasing to ¥312 million. - FY2025-H1The leasing business posted higher revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue increased ¥43 million year on year to ¥3.918 billion, and segment profit increased ¥48 million to ¥186 million.」
Following lower revenue and higher profit in FY2024, both ordinary revenue and segment profit increased year on year in the interim period under review, resulting in higher revenue and profit in the leasing business. - FY2024The leasing business posted lower revenue and higher profit after conversion into a wholly owned subsidiaryAnnual report
「Ordinary revenue decreased ¥112 million from the previous consolidated fiscal year to ¥7.6 billion, while segment profit increased ¥28 million to ¥209 million.」
In the leasing business after conversion into a wholly owned subsidiary, full-year revenue declined while segment profit increased, resulting in lower revenue and higher profit. - FY2024-Q3The leasing business posted lower revenue and higher profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue decreased ¥29 million year on year to ¥5.779 billion, while segment profit increased ¥12 million to ¥199 million.」
In the leasing business after conversion into a wholly owned subsidiary, ordinary revenue declined year on year while segment profit increased. The trend of lower revenue and higher profit in the previous quarter continued. - FY2024-Q2The leasing business posted lower revenue and higher profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue decreased ¥6 million year on year to ¥3.875 billion, while segment profit increased ¥16 million to ¥138 million.」
In the leasing business after conversion into a wholly owned subsidiary, ordinary revenue decreased ¥6 million year on year, while segment profit increased ¥16 million to ¥138 million. - FY2024-Q1The leasing business posted higher revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue increased ¥22 million year on year to ¥1.943 billion, and segment profit increased ¥33 million to ¥88 million.」
In the leasing business, which had continued to post lower revenue and profit after conversion into a wholly owned subsidiary, both ordinary revenue and segment profit increased year on year in the first quarter under review. - FY2023The leasing business posted lower revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「b. Leasing business Ordinary revenue decreased ¥67 million from the previous consolidated fiscal year to ¥7.712 billion, and segment profit decreased ¥63 million to ¥181 million.」
The leasing business, which had also experienced periods of higher revenue and profit after conversion into a wholly owned subsidiary, saw both ordinary revenue and segment profit decline year on year for the full year. - FY2023-Q3The leasing business posted lower revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue decreased ¥80 million year on year to ¥5.808 billion, and segment profit decreased ¥15 million to ¥187 million.」
The leasing business, which had also experienced periods of higher revenue and profit after conversion of the affiliate into a wholly owned subsidiary, saw both ordinary revenue and segment profit decline year on year in the nine-month consolidated cumulative period under review. - FY2023-Q2The leasing business posted lower revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue decreased ¥53 million year on year to ¥3.881 billion, and segment profit decreased ¥3 million to ¥122 million.」
The leasing business, which had continued to post higher revenue and profit after conversion into a wholly owned subsidiary, saw both ordinary revenue and segment profit decline year on year in the interim period under review. - FY2023-Q1The leasing business posted lower revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue decreased ¥22 million year on year to ¥1.921 billion, and segment profit decreased ¥5 million to ¥55 million.」
The leasing business, which had continued to post higher revenue and profit after conversion into a wholly owned subsidiary, saw both ordinary revenue and segment profit decline year on year in the first quarter under review. - FY2022-Q3The leasing business posted lower revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue decreased ¥11 million year on year to ¥5.888 billion, and segment profit decreased ¥5 million to ¥202 million.」
The leasing business, which had continued to post higher revenue and profit after conversion into a wholly owned subsidiary, saw both ordinary revenue and segment profit decline year on year in the nine-month consolidated cumulative period under review. - FY2022-Q2The leasing business posted lower revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue decreased ¥12 million year on year to ¥3.934 billion, and segment profit decreased ¥24 million to ¥125 million.」
The leasing business, which had continued to post higher revenue and profit after conversion into a wholly owned subsidiary, saw both ordinary revenue and segment profit decline year on year in the interim period under review. - FY2022-Q1The leasing business posted lower revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue decreased ¥8 million year on year to ¥1.943 billion, and segment profit decreased ¥7 million to ¥60 million.」
In the leasing business after the conversion of the affiliate into a wholly owned subsidiary, both ordinary revenue and segment profit declined slightly year on year. - FY2021AdvancedAnnual report
「② Leasing business Ordinary revenue increased ¥59 million from the previous consolidated fiscal year to ¥7.891 billion, and segment profit increased ¥171 million to ¥270 million.」
The leasing business continued to post higher revenue and profit after conversion into a wholly owned subsidiary, with full-year segment profit reaching ¥270 million. Segment profit in the credit guarantee business also increased to ¥468 million. - FY2021-Q3AdvancedAnnual report
「② Leasing business Ordinary revenue increased ¥12 million year on year to ¥5.899 billion, and segment profit increased ¥75 million to ¥207 million.」
In the leasing business after the conversion of the affiliate into a wholly owned subsidiary, ordinary revenue and segment profit both increased year on year, with higher revenue and profit continuing. - FY2021-Q2AdvancedAnnual report
「② Leasing business Ordinary revenue increased ¥36 million year on year to ¥3.946 billion, and segment profit increased ¥69 million to ¥149 million.」
In the leasing business after the conversion of the affiliate into a wholly owned subsidiary, both ordinary revenue and segment profit increased year on year, with higher revenue and profit continuing. - FY2021-Q1Continued higher revenue and profit in the leasing business after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue increased ¥40 million year on year to ¥1.951 billion, and segment profit increased ¥38 million to ¥67 million.」
In the leasing business after the conversion of the affiliate into a wholly owned subsidiary, both ordinary revenue and segment profit increased year on year, resulting in higher revenue and profit. - FY2020-Q3AdvancedAnnual report
「② Leasing business Ordinary revenue increased ¥184 million year on year to ¥5.887 billion, and segment profit increased ¥184 million to ¥132 million.」
In the leasing business after conversion into a wholly owned subsidiary, ordinary revenue increased ¥184 million year on year to ¥5.887 billion, while segment profit improved from a loss in the same period of the previous year to profit of ¥132 million. - FY2020-Q1The leasing business posted higher revenue and profit after conversion into a wholly owned subsidiaryAnnual report
「② Leasing business Ordinary revenue increased ¥40 million year on year to ¥1.911 billion, and segment profit increased ¥9 million to ¥29 million.」
In the leasing business after conversion into a wholly owned subsidiary, ordinary revenue increased ¥40 million and segment profit increased ¥9 million year on year, resulting in profit of ¥29 million. - FY2019-Q3Higher lease revenue and loss recognition after conversion into a wholly owned subsidiaryAnnual report
「Other operating revenue increased due to higher sales by subsidiaries to external customers recorded following the change in the scope of consolidation resulting from their conversion into wholly owned subsidiaries in the previous fiscal year. Other ordinary revenue also increased, primarily due to higher gains on sales of shares, among other factors, bringing the total to ¥3.4652 billion, up ¥553.1 million year on year. ② Leasing business Ordinary revenue increased ¥293.9 million year on year to ¥570.3 million, while the segment posted a loss of ¥52 million, compared with segment profit of ¥878 million in the same period of the previous year.」
Following the change in the scope of consolidation resulting from the conversion into wholly owned subsidiaries, higher subsidiary sales to external customers contributed to the increase in revenue. In the leasing business, ordinary revenue increased ¥293.9 million year on year, while the segment swung from profit of ¥878 million to a loss of ¥52 million. - FY2019-Q2Cited as achievedAnnual report
「For the interim consolidated accounting period under review, ordinary revenue increased ¥646.7 million year on year to ¥2.4225 billion. This was mainly due to higher interest income on loans, as the loan balance increased; higher other operating revenue, reflecting an increase in the subsidiaries’ sales to external customers recorded following the change in the scope of consolidation resulting from their conversion into wholly owned subsidiaries in the previous fiscal year; and higher other ordinary revenue, primarily due to an increase in gains on sales of shares, among other factors.」
The conversion of 5 affiliates into wholly owned subsidiaries is again cited as an item implemented in the previous fiscal year, with the increase in subsidiary sales resulting from the change in the scope of consolidation emerging as a factor behind the increase in revenue in the interim period under review. - FY2019-Q1Cited as achievedAnnual report
「During the previous consolidated fiscal year, 佐銀リース株式会社, formerly an equity-method affiliate, became a consolidated subsidiary. Accordingly, the reportable segments were reviewed and changed to banking and leasing.」
The change in reportable segments following the conversion of an affiliate into a wholly owned subsidiary is restated as an item implemented in the previous fiscal year. For the first quarter under review, ordinary revenue from the leasing business was ¥1.871 billion and segment profit was ¥20 million. - FY2018-Q3AchievedAnnual report
「During the nine-month period ended 31 December, the bank acquired all shares in 佐銀リース株式会社, an equity-method affiliate, 佐銀コンピュータサービス株式会社 and 佐銀信用保証株式会社, consolidated subsidiaries, and 株式会社佐銀キャピタル＆コンサルティング, an equity-method non-consolidated subsidiary, making all 4 companies wholly owned subsidiaries with 100% of the voting rights held by the bank. Together with 佐銀ビジネスサービス株式会社, already a wholly owned subsidiary, all 5 affiliated companies became wholly owned subsidiaries of the bank. As a result, the classification of reportable segments was changed beginning in the current third-quarter consolidated accounting period.」
The acquisition of shares in 4 companies was completed, and all 5 affiliated companies became wholly owned subsidiaries together with the 1 existing wholly owned subsidiary. Accordingly, the reportable segments were changed to banking, leasing and other, reflecting integrated group management in the actual consolidated and segment operations. - FY2018-Q2First statedAnnual report
「As the environment surrounding the financial industry undergoes major changes, improving the financial services provided by the bank requires efforts to enhance profitability across the entire group. To establish a structure for implementing integrated group management quickly and effectively by strengthening governance across the banking group, the bank decided to make the affiliated companies wholly owned subsidiaries through share acquisitions. As a result, all 5 affiliated companies became wholly owned subsidiaries of the bank.」
On 20, 21 and 22 November 2017, the bank acquired shares in 4 companies: 佐銀リース, 佐銀コンピュータサービス, 佐銀信用保証 and 佐銀キャピタル＆コンサルティング. The bank increased its voting rights in 佐銀リース from 10% to 100% and acquired additional shares in the other 3 companies from non-controlling shareholders. Together with 佐銀ビジネスサービス, which was already a wholly owned subsidiary, all 5 affiliated companies became wholly owned subsidiaries. The objective was to establish an integrated management structure by improving profitability and strengthening governance across the group. The consideration for the additional acquisition of 佐銀リース was ¥3.195 billion, and that for the other 3 companies was ¥3.149 billion.