Management of Subsidiaries as a Bank Holding Company and Provision of Comprehensive Financial Services
First written in FY2016. 3 of 9 entries say "Restated". Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period, the Company excluded AFSコーポレーション株式会社, its consolidated subsidiary, from the scope of consolidation as a result of absorbing the company through a merger.」
The interim period confirms both the absorption-type merger of AFSコーポレーション and the transfer of the banking holding company functions to the Company. - FY2026AchievedAnnual report
「At a meeting of the Company's Board of Directors held on 31 October 2025, the Company resolved to absorb and merge its consolidated subsidiary, ＡＦＳコーポレーション株式会社, and entered into an agreement. The absorption-type merger was completed effective 1 May 2026.」
The absorption-type merger of AFSコーポレーション, the bank holding company, was completed effective 1 May 2026, transferring to the Company the function of ensuring the sound and appropriate operation of the bank. - FY2022RestatedAnnual report
「As a comprehensive financial group combining retail and financial services, we will provide safe, secure, convenient and cost-effective financial services and strive to become the retail comprehensive financial services company closest to customers in Japan and other Asian countries.」
The disclosure continues to cover the basic policy of providing comprehensive financial services by combining retail and financial services. - FY2020-Q3AdvancedAnnual report
「From the first quarter of the fiscal year, ＡＦＳコーポレーション株式会社 has been included in the scope of consolidation because its materiality has increased.」
Following the increase in its materiality, AFSコーポレーション, established as part of the reorganization, was included in the scope of consolidation from the first quarter. - FY2020-Q2AchievedAnnual report
「Through the reorganization on 1 April, the Company transferred the functions of the bank holding company to its subsidiary ＡＦＳコーポレーション株式会社 and transitioned from a bank holding company to an operating company.」
The quarterly report confirms that the functions of the bank holding company were transferred to AFSコーポレーション and that the Company transitioned to an operating company. - FY2019AchievedAnnual report
「Based on approval at the extraordinary general meeting of shareholders held on 15 March 2019 of the absorption-type company split agreement and amendments to the Articles of Incorporation, the Company carried out an internal group reorganization effective 1 April 2019. The reorganization involved the Company's transition from a bank holding company to an operating company and the transfer, through an absorption-type company split, of the shares in subsidiaries including AEON Bank to ＡＦＳコーポレーション株式会社, a wholly owned subsidiary of the Company.」
The transition from a bank holding company to an operating company and the transfer of the subsidiary shares to AFSコーポレーション were carried out effective 1 April 2019. - FY2019-Q4ReframedAnnual report
「Specifically, we will establish ＡＦＳコーポレーション株式会社 as a new bank holding company and transition the Company into an operating company, thereby creating a structure capable of accommodating an expanded scope of operations.」
The policy is changing from the previous structure, under which subsidiaries were managed as a bank holding company, to a structure in which a new bank holding company is established and the Company transitions into an operating company. - FY2017RestatedAnnual report
「Going forward, we will continue working to enhance corporate value as a comprehensive financial group combining retail and financial services in a manner not found at other financial institutions.」
As a bank holding company, the disclosure continues to cover subsidiary management and the provision of comprehensive financial services combining retail and financial services. - FY2016First statedAnnual report
「In addition, as a bank holding company, we will work to further enhance corporate governance and comprehensively provide safe, secure, convenient and cost-effective financial products and services.」
As a bank holding company, the disclosure links enhanced governance with the provision of comprehensive financial products and services.