Native name | ソニーフィナンシャルグループ株式会社 |
---|---|
Romanized name | Sonī Finansharu Gurūpu Kabushiki-gaisha |
Formerly | Sony Financial Holdings (2004–2021) |
Company type | Subsidiary |
Industry | Financial services |
Founded | 1 April 2004 [1] |
Headquarters | Ōtemachi, Chiyoda-ku, Tokyo, Japan [1] |
Key people | Shigeru Ishii (President) [1] |
Products | Financial products |
Total assets | ¥ 14.5 trillion [2] |
Number of employees | 13,500 |
Parent | Sony Group Corporation |
Subsidiaries |
|
Website | www.sonyfg.co.jp |
Sony Financial Group Inc., [nb 1] formerly known as Sony Financial Holdings Inc., [nb 2] is a Japanese holding company for Sony's financial services business and headquartered in Tokyo, Japan. [1] It operates various businesses, including both life and non-life insurances, online banking, credit card settlement, nursing care, and venture capital. [3]
In March 2004, Sony received approval from the Financial Services Agency of Japan to establish a holding company under the Insurance Business Act and a holding company under the Banking Act. The following month, Sony established Sony Financial Holdings through a corporate split. This placed Sony Life Insurance, which became a Sony subsidiary in 1996, Sony Insurance, which was established in 1998, and Sony Bank, which was established in 2001, under the same umbrella.
In 2020, Sony acquired Sony Financial Holdings through a tender offer, delisting it from the First Section of the Tokyo Stock Exchange and making it a wholly owned subsidiary. [4]
In 2021, Sony Financial Holdings changed its name to Sony Financial Group.
The Mizuho Financial Group, Inc., known from 2000 to 2003 as Mizuho Holdings and abbreviated as MHFG or simply Mizuho, is a banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. The group was formed in 2000-2002 by merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan. The name mizuho (瑞穂) literally means "abundant rice" in Japanese and "harvest" in the figurative sense.
Sumitomo Corporation is one of the largest worldwide sōgō shōsha general trading companies, and is a diversified corporation. The company was incorporated in 1919 and is a member company of the Sumitomo Group.
Sumitomo Mitsui Banking Corporation is a Japanese multinational banking financial services institution owned by the Sumitomo Mitsui Financial Group, which is also known as the SMBC Group. It is headquartered in the same building as SMBC Group in Marunouchi, Chiyoda, Tokyo, Japan.
Tokio Marine & Nichido Fire Insurance Co., Ltd., commonly called Tokio Marine Nichido, is a property/casualty insurance subsidiary of Tokio Marine Holdings, the largest non-mutual private insurance group in Japan. Tokio Marine Holdings was formerly known as Millea Group, which underwent a name change in July 2008. Its headquarters are in Marunouchi, Chiyoda, Tokyo.
Tokio Marine Holdings, Inc., is a multinational insurance holding company headquartered in Tokyo, Japan. It is the largest property/casualty insurance group in Japan in terms of revenue and is the parent company for the Tokio Marine Group which employs 39,000 people in 38 countries worldwide.
Sony Life Insurance Co., Ltd. is a Japanese insurance company, initially founded in 1979 as a joint venture between the Sony Group Corporation and Prudential Financial headquartered in Tokyo.
Sompo Holdings, Inc., formerly NKSJ Holdings and Sompo Japan, is a Japanese insurance company. It is the second-largest property insurance company in Japan only behind Tokio Marine, with market share of 19.3% in 2007.
The Dai-ichi Life Insurance Company, Limited, or Dai-ichi Life for short, is the third-largest life insurer in Japan by revenue, behind Japan Post Insurance and Nippon Life.
Mitsubishi UFJ Financial Group, Inc. is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG was created in 2005 by merger between Mitsubishi Tokyo Financial Group and UFJ Holdings. These two groups in turn brought together multiple predecessor banks including Mitsubishi Bank, Yokohama Specie Bank, Sanwa Bank, and Tokai Bank.
Mitsubishi UFJ Securities Co., Ltd., also known as MUFG Securities, is the investment banking arm of the Mitsubishi UFJ Financial Group (MUFG), a financial services company which is the largest in Japan measured by assets. The company is headquartered in Tokyo, Japan.
Sony Bank, Inc. (ソニー銀行株式会社) is a Japanese commercial bank established in April 2001. It operates as a direct bank and has no physical branches or ATMs. It is one of the largest online banks in Japan and a subsidiary of Sony Financial Holdings, the financial business unit of the multinational conglomerate Sony Group Corporation. Its main business is offering online banking with foreign currency deposits, investment trusts, and home loans.
So-net is a Japanese internet service provider operated by Sony Network Communications Inc., a wholly owned subsidiary of Sony.
AmBank Group comprises AMMB Holdings Berhad is one of the largest banking groups in Malaysia whose core businesses are retail banking, wholesale banking, Islamic banking, and life and general insurance.
Great Eastern Life Assurance Co. Ltd, often known as Great Eastern Life or simply Great Eastern, is a Singaporean multinational insurance company and subsidiary of OCBC Bank operating in the Southeast Asia region. Founded in 1908 by Alfred Hewton Fair, it is the largest and oldest life insurance company in Singapore and Malaysia.
Japan Post Holdings Co., Ltd. is a Japanese publicly traded conglomerate headquartered in Kasumigaseki, Chiyoda, Tokyo. It is mainly engaged in postal and logistics business, financial window business, banking business and life insurance business. The company offers letters and goods transportation services, stamp sales, deposits, loans, and insurance products.
SBI Holdings, sometimes referred to as Strategic Business Innovator Group, is a financial services company group based in Tokyo, Japan. The group's businesses and companies are held primarily at SBI Holdings.
Sumitomo Mitsui Trust Holdings, Inc., formerly Chuo Mitsui Trust Holdings, Inc., is a Japanese financial holding company headquartered in Chiyoda, Tokyo. It provides an assortment of financial products to retail and wholesale customers, with a focus on asset management, financial brokerage, and real estate services.
Kadokawa Corporation, formerly Kadokawa Dwango Corporation, is a Japanese media conglomerate that was created as a result of the merger of the original Kadokawa Corporation and Dwango Co., Ltd. on October 1, 2014.
Total assets stood at 14.5 trillion yen as of the end of last year.