Cedyna Financial Corporation

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History

  OMC Card, Inc. Central Finance Co., Ltd. QUOQ Inc.
1950
Maruko Co., Ltd. established
       
1960
Chubu Nippon Shinpan Co., Ltd. established
       
1971
The company name changed to Chunichi Shinpan Co., Ltd.
       
1974
The General Finance Company of Tokyo Ltd. established
       
1975
Asahi Credit Co., Ltd. established
       
1977
The company name changed to Central Finance Co., Ltd.
       
1978
The General Finance Company of West Japan Ltd. established
       
1980
Shopping credit business was transferred from the General Finance Company of Osaka Ltd.
       
1984
Maruko Co., Ltd. and Asahi Credit Co., Ltd. merged, and became a predecessor of Daiei Finance, Inc.
The company name changed to the General Finance Co., Ltd from the General Finance Company of West Japan Ltd.
       
1987
The company name changed to Daiei Finance, Inc.
       
1994
Daiei Finance, Inc., RICCAR Co., Ltd. and ASAHI AGENCY Travel, Inc. merged and the new company, Daiei OMC, Inc., started operation
       
1999
The General Finance Co., Ltd. and the General Finance Company of Tokyo, Ltd. merged, and QUOQ Inc. was established
       
2002
The company name changed to OMC Card, Inc.
       
2007
Reached a basic agreement with Sumitomo Mitsui Financial Group,Inc. regarding credit card business strategy
Reached an agreement on strategic affiliation among Central Finance Co., Ltd., QUOQ Inc., Sumitomo Mitsui Financial Group,Inc. and Mitsui & Co.,Ltd. on consumer finance business
       
2008 Feb Basic agreement on the merger of OMC Card, Inc., Central Finance Co., Ltd. and QUOQ Inc.
       
 
2010 May New shares were allocated by way of a third-party allotment to SMFG Card & Credit, Inc., and Cedyna Financial Corporation became a subsidiary of the same.
 
2011 Jan Concluded the share exchange agreement, which makes SMFG Card & Credit, Inc. the sole shareholder and parent company of Cedyna.
May Cedyna became a fully consolidated subsidiary of SMFG Card & Credit, Inc.
 
2012 Mar SMBC Finance Service Co., Ltd. became a wholly-owned subsidiary of Cedyna through a share exchange.
 
2013 Apr Merger concluded with subsidiary Procent, Inc.
 
2016 Apr Merger concluded with SAKURA CARD CO., Ltd.

Histories of Three Companies