Company Profile

Company Profile

Company Profile

Company Name The Mitsubishi UFJ Factors Limited
Establishment Orient Factors Ltd. in 1972, Diamond Factors Ltd. in 1977
Paid-up capital 2,080 million yen
President Koichi Ogawa
Number of Employees 611(as of Mar.31, 2023)
Stockholder MUFG Bank, Ltd. (100%)

History

Nov. 1972 Establishment of Orient Factors Ltd., the first professional factoring company in Japan
Jun. 1977 Establishment of Diamond Factors Ltd., the subsidiary of the former Mitsubishi Bank
Feb. 1978 Establishment of The Central Factor Ltd., the factoring company of the former Tokai Bank Group
Apr. 1988 Changed corporate name from Orient Factors Ltd. to Sanwa Factors Ltd.
Jul. 1991 Merger between Sanwa Factors Ltd. and Sanwa Business Finance Co., Ltd., establishing Sanwa Business Credit Co., Ltd.
Jul. 2002 Merger between Sanwa Business Credit Co., Ltd. and The Central Factor Ltd., establishing UFJ Business Finance Co., Ltd.
Oct. 2005 Merger between UFJ Business Finance Co., Ltd. and Diamond Factors Ltd., establishing The Mitsubishi UFJ Factors Limited.
Sep. 2007 Grant of use of “PrivacyMark”
Mar. 2011 Became a wholly owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd.(current MUFG Bank, Ltd.)
Apr. 2013 Head Office moved to Kanda Awajicho, Chiyoda-ku, Tokyo
Oct. 2013 Kyushu Factoring Business Department opened
Dec. 2014 Fukuoka Data Center has been established as Wide-Area Anti-Disaster Measure Backup System
Apr. 2016 Kyushu Branch opened
Jun. 2020 Acquired shares of Japan Electronic Monetary Claim Organization (JEMCO) and made it a subsidiary.