Acom

Japanese consumer loan company

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Acom (アコム, Akomu, TYO: 8572) is one of Japan's largest consumer loan companies, (or sarakin). The name "Acom" stands for Affection, Confidence and Moderation. The company was founded by Masao Kinoshita, who was later replaced by his eldest son Kyosuke Kinoshita, the current chairman of the company. In addition to providing loans, Acom issues credit cards.

At the end of 2008, Mitsubishi UFJ obtained control of more than 40% of Acom stock and Acom became a consolidated subsidiary of MUFG.^[1]

Ownership

As of April 2009, the founders (Maruito/Kinoshita) control about 40% of the shares, another 40% are controlled by MUFG.^[2]

References

アコムについて (in Japanese). Archived from the original on 2007-03-18. Retrieved 2008-05-10.

^ "ACOM becomes a subsidiary of MUFG" (PDF). Archived from the original (PDF) on 2010-12-21. Retrieved 2009-08-02.
^ Acom - For Shareholders: Stock Information