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Credit Saison
, commonly known as or simply , is a Japanese financial services company affiliated to Mizuho Financial Group. Founded in 1951, Credit Saison is the 3rd largest credit card issuer with over 20 million cardholders in Japan, behind JCB and Visa Japan. History Credit Saison was founded in 1946 as by Torajiro Okamoto. It was originally an operator of department stores specialized in installment selling. Seibu Retailing Group, one of the (now former) subsidiaries of Seibu Railway, purchased Midoriya in 1976, attempting to add financial services to its portfolio of customer services. Midoriya's retailing division was transferred to Seibu Department Stores, and Midoriya itself was renamed retaining credit management division. Seibu Railway spun off Seibu Retailing in 1983 and Seibu Retailing was rebranded as Saison Group. Seibu Credit issued the first Saison Card in 1983. Seibu Credit finally rebranded itself as Credit Saison in 1989, standing one of the ''Big Five'' core busines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mizuho Bank
is the integrated retail and corporate banking unit of Mizuho Financial Group (; ), the third largest financial services company in Japan, with total assets of approximately $1.8 trillion in 2017. Mizuho is one of the three so-called Japanese "megabanks" (along with MUFG and SMBC). Mizuho Bank provides financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities. Its headquarters office building is located in the Otemachi district of Chiyoda, Tokyo. Mizuho Bank has over 505 branches and offices in Japan and in 38 other countries, and is the only bank to have branches in every prefecture in Japan. The name “Mizuho” is an archaic Japanese term meaning “golden ears of rice,” and was used in the classical text '' Nihon Shoki'' to describe Japan. History Announced in 1999, Mizuho Financial Group was established on April 1, 2002 by the merger of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dai-Ichi Kangyo Bank
, abbreviated as , was one of the largest banks in the world during the latter half of the 20th century. Dai-Ichi Kangyo Bank was created in 1971 by a consortium of two banks: Dai-Ichi Bank, Japan's oldest bank, and Nippon Kangyo Bank, a state financial institution that granted long-term loans to industry and agriculture. In 2000, it merged with Fuji Bank and the Industrial Bank of Japan to form Mizuho Financial Group. In 2002, DKB's corporate & investment banking division was transferred to Mizuho Corporate Bank, while its retail banking division was transferred to Mizuho Bank. History Dai-ichi Bank , originally Dai-Ichi Kokuritsu Bank (lit. First National Bank) was the first bank and the first kabushiki gaisha (joint share/stock company) ever to be established in Japan. Established by industrialist Shibusawa Eiichi in 1873, it was originally empowered to issue banknotes, until the Bank of Japan assumed this function in 1883. Subsequently, it became a purely commercial ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tsujii Takashi
was a Japanese businessperson, author and poet, also known by the pen names and . Background Tsutsumi was the son of Yasujirō Tsutsumi, founder of the Seibu Railway company and a long-serving member, and eventually speaker, of Japan's House of Representatives. He was born in Tokyo in 1927. During his childhood, he lived with his mother Misao and half-sister Kuniko. Misao wrote traditional Japanese poetry, which was Tsutsumi's initial introduction to writing. He later took up the practice himself, writing ''waka'' by his teen years; however, he would not publish any of his work until his late 20s. After receiving his degree in economics from the University of Tokyo in 1951, he re-enrolled as a literature student and worked as a secretary to his father. He joined the Seibu Department Stores in 1954. Following the death of his father in 1964, he led the spin-off of its logistics business to form the Saison Group, which eventually included the Seibu department stores, Seiyu su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Asset Price Bubble
The was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated. In early 1992, this price bubble burst and Japan's economy stagnated. The bubble was characterized by rapid acceleration of asset prices and overheated economic activity, as well as an uncontrolled money supply and credit expansion.Kunio Okina, Masaaki Shirakawa, and Shigenori Shiratsuka (February 2001):The Asset Price Bubble and Monetary Policy: Japan's Experience in the Late 1980s and the Lessons More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time.Edgardo Demaestri, Pietro Masci (2003): Financial Crises in Japan and Latin America, Inter-American Development Bank Through the creation of economic policies that cultivated the marketability of assets, eased the access to credit, and encouraged speculation, the Japanese government started a prolonged an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit (finance)
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seibu Department Stores
is a Japanese department store. The first store to trade under the name opened its doors in 1949. Seibu is typical of Japanese department stores with a wide variety of stores doing business on several floors. The company is now a subsidiary of Seven & I Holdings Co., Limited. It has been a member of the International Association of Department Stores from 1972 to 1990. Japan The Seibu Department Stores flagship store is located in Ikebukuro. In Tokyo, there are stores in Shibuya and Ikebukuro. As of 2020, there are 8 stores in the whole country. In August 2020, Seibu will close its stores in Okazaki and Otsu while downsizing its stores in Akita and Fukui due to poor sales. In addition to department stores, Seibu operates the specialty store Loft and The Garden/Shell Garden supermarket, both are also part of Seven & I Holdings Co. Seibu previously operates Parco, now operated by J. Front Retailing, Muji, now operating independently, and Seiyu Group, now owned by Walmart. Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seibu Railway
is a conglomerate based in Tokorozawa, Saitama, Japan, with principal business areas in railways, tourism, and real estate. Seibu Railway's operations are concentrated in northwest Tokyo and Saitama Prefecture; the name "Seibu" is an abbreviation of "west Musashi", referring to the historic name for this area. It and its holding company hold shares of numerous bus, hotel and tourism operations nationwide. History "Seibu Railway" was originally the name of a tram service between Shinjuku and Ogikubo, which was transferred to the Tokyo metropolitan government in 1951 and eventually closed in 1962. The Seibu Railway was acquired in 1921 by the Kawagoe Railway, which had operated a train service between Kokubunji and Kawagoe since 1894; the merged company kept the "Seibu" name and expanded its main line to Takadanobaba, forming what is now known as the Seibu Shinjuku Line. The current Seibu Railway is a product of a 1945 merger between the former Seibu Railway and the Musashino ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris (Le Bon Marché) and in New York ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional department sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Visa Inc
Visa Inc. (; stylized as ''VISA'') is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world's most valuable companies. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Credit Bureau
, formerly Japan Credit Bureau, is a credit card company based in Tokyo, Japan. It is accepted at JCB merchants, and has strategic alliances with Discover Network merchants in the United States, UnionPay merchants in China, American Express merchants in Canada, and RuPay merchants in India. History Founded in 1961 as Japan Credit Bureau, JCB established itself in the Japanese credit card market when it purchased Osaka Credit Bureau in 1968. its cards are issued to 130 million customers in 23 countries. JCB also operates a network of membership airport lounges for holders of their Platinum Cards issued outside Japan. Since 1981, JCB has been expanding its business overseas. JCB cards are issued in 24 countries, in most countries JCB is affiliated with financial institutions to license them to issue JCB-branded cards. All international operations are conducted through its 100%-owned subsidiary, JCB International Credit Card Co., Ltd. In the United States, JCB is not a prim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
