International Factoring

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Company Profile

Company Name

The Mitsubishi UFJ Factors Limited

Establishment

Established in Jun. 1977 / Began operation in Nov. 1972

Paid-up capital

2,080 million yen

President

President: Hiroshi Takimoto

Number of Employees

506 (as of Mar. 31, 2019)

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

Acquisition of the Privacy Mark

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 Tokyo, Chiyoda-ku, Kanda Awajicho, Tokyo

Oct. 2013

Kyushu Factoring Business Department opened

Dec. 2014

Fukuoka Data Center has established as Wide-Area Anti -Disaster Measure Backup System

Apr. 2016

Kyushu Branch opened

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