JACCS

Basic Information

Stock Code
8584
Industry
Other Financial Services
Category Detail
Consumer & Business Finance
Prefecture
Tokyo
Establishment Year
June 1954
Listing Year
April 1973
Official Website
https://www.jaccs.co.jp/corporate/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Towarize, Premier Group, Credit Saison, AEON Financial Service, Orico, Mitsubishi HC Capital

Overview

JACCS is a major installment sales company founded in 1954, with shopping credit and credit card issuance as its mainstays, conducting steady management as a financial services firm.

Current Situation

JACCS achieved consolidated revenue of 158.6 billion yen, operating profit of 16.5 billion yen, and net profit of 10.7 billion yen in the fiscal year ended March 2020. In its core installment sales and credit card business, it boasts industry-leading transaction volume and continues steady growth domestically and internationally. Since the 2010s, it has expanded into sales finance for two-wheel and four-wheel vehicles in ASEAN countries to grow overseas markets. As an equity-method affiliate of the MUFG Group, it maintains strong ties with MUFG Bank and Meiji Yasuda Life Insurance, bolstering its management foundation. Its high creditworthiness and low non-performing loan ratio in the non-bank sector are highly regarded, building a stable financial structure. In recent years, it has promoted high-rebate point cards and strengthened online services, advancing digitalization. Going forward, it aims for business expansion domestically and abroad, sustainable management, and customer base growth.

Trivia

Interesting Facts

  • 社名は'Japan Consumer Credit Service'の略称
  • 1978年に社名をジャックスに改称
  • ジャックスは業界最初期にオンラインシステムを導入
  • 1997年に業界最低水準の上限金利に引き下げた
  • MUFGグループの持分法適用関連会社である
  • VISAカード発行においてプリンシパルメンバーとなった
  • 北海道函館市に登記上の本店を置く
  • 創業当初は函館のデパート信用販賣株式會社として設立
  • JACCS International Vietnam Finance設立で海外進出開始
  • ポイント高還元カードReader's Cardで若年層支持
  • 過払い金問題で影響が少ない堅実な貸出姿勢
  • 1980年代のCMが志村けんらのパロディに使われた
  • 三菱UFJ銀行が2008年から20%出資
  • JALカードなどと同様に一定の距離を置いた提携関係
  • 多様なブランドカードを発行しトリプルブランド体制

Hidden Connections

  • Strengthens financial foundation as equity-method affiliate of Mitsubishi UFJ Financial Group
  • Expands Southeast Asia operations through local subsidiaries in Vietnam and Indonesia
  • Non-bank firm with relationships to multiple main banks including Mizuho Bank
  • Experienced Japan's first civil lawsuit over domain names in 1998
  • Collaborates with VJA Association on gift card business
  • Pioneered interest rate reductions ahead of overpayment claim issues
  • Jointly operates Reader's Card issuance with Mitsubishi UFJ NICOS
  • Most proactive domestic installment sales firm in point rebate initiatives

Future Outlook

Growth Drivers

  • ASEAN市場での販売金融需要増加
  • デジタル化・キャッシュレス化の進展
  • 高還元率カードによる顧客基盤の成長
  • 多様化する信用保証サービスの拡充
  • オンラインローン申込の利便性向上
  • 安心・安全な決済システムの需要拡大
  • 環境対応車ローンの市場拡大
  • 金融リテラシー向上に伴う需要増
  • 加盟店ネットワークの拡大による安定収益
  • AI活用による信用審査の高度化
  • 金融規制の変化への柔軟対応
  • 地域密着型サービスの強化

Strategic Goals

  • Overseas business revenue increase of 20%
  • Achieve 50% customer transactions via digital channels
  • Expand environmentally and socially considerate finance products
  • Maintain industry-lowest non-performing loan ratio
  • Annual 5% increase in new customer acquisitions
  • Establish system for early detection of hidden risks
  • Continuous strengthening of points program
  • Deploy CSR activities emphasizing social responsibility
  • Innovate and launch diverse loan products
  • Achieve sustainable growth through financial soundness

Business Segments

Sales Finance Business

Overview
Provides installment payments and loan financial services to partner stores to support sales promotion.
Competitiveness
Stable transaction volume backed by nationwide expansion and diverse partner store network
Customers
  • 家電量販店
  • 家具店舗
  • 自動車ディーラー
  • 通信販売業者
  • リフォーム業者
  • 建設業者
  • 二輪車販売店
  • 旅行代理店
  • 小売業者
  • 専門店
Products
  • ショッピングクレジット
  • オートローン
  • クレジットカード
  • 信用保証
  • ポイントサービス
  • 集金代行

Overseas Sales Finance Business

Overview
Expanding sales finance services in ASEAN countries to grow markets.
Competitiveness
Rapid service provision and market adaptability through local subsidiaries
Customers
  • ベトナム二輪車販売業者
  • インドネシア自動車ディーラー
  • フィリピン販売店
  • カンボジア小売業者
Products
  • 二輪車ローン
  • 四輪車ローン
  • クレジット保証

Guarantee Operations Segment

Overview
Collaborates with financial institutions through multifaceted credit guarantee services.
Competitiveness
Creditworthiness and reliability from close ties with MUFG Group
Customers
  • 銀行
  • 信販会社
  • 消費者金融
  • 住宅リフォーム業界
Products
  • 信用保証
  • 無担保証書貸付の保証
  • リフォームローン保証
  • 教育ローン保証

Digital Payment Solutions

Overview
Provision of digital payment and point services.
Competitiveness
Expanding user base among younger demographics with high-rebate cards
Customers
  • EC事業者
  • 小売店
  • 高還元率ポイントカード利用者
Products
  • Reader's Card
  • オンライン決済サービス
  • ポイントプログラム

Corporate Collection Agency

Overview
Provides efficient debt and collection management services for corporations.
Competitiveness
Abundant debt management expertise and reliability
Customers
  • 企業顧客
  • 金融機関
  • 中小企業
Products
  • 債権回収代行
  • 集金代行サービス

Marketing Support for Partner Stores

Overview
Marketing support services utilizing credit transaction data.
Competitiveness
Precise sales promotion strategy support through customer data analysis
Customers
  • 加盟店
  • リテール業者
Products
  • 販売促進支援
  • 顧客分析サービス

Card Issuance and Management System Provision

Overview
Provides industry-leading systems to installment sales and card companies.
Competitiveness
24/7/365 operation of JANET online system
Customers
  • 金融機関
  • 信販会社
Products
  • カード発行システム
  • 顧客管理システム

Diverse Loan Product Development

Overview
Continuously develops loan products to meet diverse needs.
Competitiveness
Broad product lineup addressing wide customer needs
Customers
  • 個人利用者
  • 法人利用者
Products
  • 教育ローン
  • マイカーローン
  • リフォームローン

Points and Cashback Services

Overview
Diverse point services to enhance customer loyalty.
Competitiveness
Deployment of high-rebate point programs
Customers
  • クレジットカードユーザー
  • 小売店
Products
  • ポイント還元
  • キャッシュバック

Overseas Market Research and Expansion Support

Overview
Support for business expansion and research in ASEAN markets.
Competitiveness
Rapid market response leveraging local subsidiaries
Customers
  • 国内法人
  • 海外子会社
Products
  • 市場調査
  • 現地支援サービス

Risk Management and Credit Screening Services

Overview
Provides high-precision credit risk management services.
Competitiveness
Industry-leading low non-performing loan ratio for strong creditworthiness
Customers
  • 信販会社
  • 金融機関
Products
  • 信用審査
  • リスク評価

CSR and Sustainability Promotion

Overview
Promotes corporate activities to fulfill social responsibilities.
Competitiveness
Community-based social contributions and environmental protection activities
Customers
  • 社会全般
Products
  • 環境負荷削減
  • 地域貢献活動

Competitive Advantage

Strengths

  • Industry-leading installment sales transaction volume
  • Maintains low non-performing loan ratio through steady management
  • Strong capital ties with MUFG Group
  • Capability to issue diverse card brands
  • Sales finance business expansion in ASEAN markets
  • 24/7/365 online system operation
  • Extensive partner store network
  • Advanced credit guarantee services
  • Strong financial foundation
  • Customer retention via high-rebate point cards
  • Long-standing trust and track record
  • Diverse loan products and service rollout
  • Comprehensive collection agency services
  • Stable customer base
  • High recognition and brand power in the industry

Competitive Advantages

  • Strong stability in capital and credit as equity-method affiliate in MUFG group
  • Convenience from triple issuance of VISA, MasterCard, and JCB credit cards
  • Pioneering installment sales firm aggressively expanding overseas in ASEAN
  • 24/7/365 online payments enabled by advanced JANET system
  • High sustainability from low non-performing loans and sound lending practices
  • Stable transactions backed by strong partner store network in diverse retail sectors
  • Differentiated customer services like proprietary Reader's Card
  • Revenue diversification through multifaceted business expansion
  • Strong partnerships with financial institutions via advanced credit guarantees
  • Balanced local and nationwide service network
  • Advanced point program operations emphasizing high rebates
  • Expanding younger customer base through digital channel enhancements
  • Meets customer needs with diverse product lineup
  • Ongoing new investments and expansion with robust financial base
  • Enhanced creditworthiness from stable cash flow

Threats

  • Risk of lending restrictions from stricter consumer finance regulations
  • Intensifying market share competition from rivals' digitalization advances
  • Decline in consumer repayment capacity due to economic fluctuations
  • Competitive pressure from new entrants and FinTech innovations
  • Political and economic risks in overseas expansion countries
  • Rising card fraud and cybersecurity risks
  • Reduced loan demand from higher interest rates increasing borrower burden
  • Burden of addressing overpayment claims
  • Impact on transaction volume from changes in partner store sales environment
  • Increased operational burden from regulatory or accounting standard changes
  • Shifts in traditional credit sales model due to digital payment proliferation
  • Intensifying competition in ASEAN markets

Innovations

2023: Enhanced Digital Points Service

Overview
Revamped high-rebate points program for Reader's Card to improve customer satisfaction.
Impact
Successfully increased usage among younger customers

2022: Introduced Online Loan Application System

Overview
Developed smartphone-compatible loan application system to enhance application convenience.
Impact
20% increase in applications

2021: Expanded Sales Finance Services via Overseas Subsidiaries

Overview
Introduced new products and expanded store networks in Vietnam and Indonesia markets.
Impact
15% increase in overseas revenue

2020: Introduced AI Credit Screening System

Overview
Utilized AI in loan screening to improve efficiency and accuracy.
Impact
30% reduction in screening time

Sustainability

  • ペーパーレス化推進による環境負荷低減
  • 災害支援を含む地域社会貢献活動の継続
  • CO2排出削減行動計画の策定と実施
  • 社内ダイバーシティと働き方改革の推進
  • クレジットカード不正利用防止対策の強化
  • 安全な情報管理体制の構築と維持
  • 顧客データの保護とプライバシー取り組み
  • リモートワーク環境の整備で労働環境改善
  • 車両ローンの環境対応モデル推進支援
  • サステナブルファイナンス関連商品の推進
  • 地域金融機関と連携した地域活性化支援
  • 金融リテラシー向上教育プログラムの実施