Corporate Information

History

1954-1970s

Year Month Overview and major business developments
1954 December

Hiroshima Coupon established

Started out as an issuer of coupon certificates

Started out as an issuer of coupon certificates
Orico’s credit card originated in 1954 in the form of coupon certificates

Information on coupon certificates

1961 August
Hiroshima Credit Sales Co., Ltd. established.

Established Hiroshima Credit Sales Co., Ltd.
Initiated financing services upon having formed a business partnership with Hiroshima Coupon.

1967 May Trading name changed to Hiroshima Consumer Credit Co., Ltd.
1969 April Initiated consumer credit (installment sales finance) business
November Initiated credit card issuance services upon having taken over all business relating to installment sales services (credit card shopping) constituting the main operations of Hiroshima Coupon.
Launch of credit cards

Launch of credit cards
November 1969, started issuing credit cards as Hiroshima Consumer Credit Co., Ltd.

Information on credit card issuance

1970 May
Co-branded credit cards

Co-branded credit cards
In 1970, began issuing co-branded credit cards involving tie-ups with financial institutions, department stores and other such entities.

Information on co-branded credit cards

1971 October Started offering credit guarantee services
1972 October Started offering cash advance services
Credit cards and Cashing Books

Credit cards and Cashing Books (cash advance booklets)
Cash advance services were initiated in 1972, whereby customers were able to arrange cash advances by presenting their Cashing Book (cash advance booklet) along with their credit card to a cash advance teller.

Information on credit cards and the Cashing Book (cash advance booklet)

December
Relocated the head office to a new location in Naka-ku, Hiroshima City upon completing construction of new head office building

Relocated the head office to a new location in Naka-ku, Hiroshima City upon completing construction of new head office building

1974 April Changed trading name upon having merged with Orient Finance Co., Ltd. (established in 1951) with the aim of changing the par value of the stock.
October Listed on Hiroshima Stock Exchange
1976 October Listed on Second Section of Osaka Securities Exchange
1977 January Started offering housing loan services as a part of the credit guarantee services.
October Listed on Second Section of Tokyo Stock Exchange
1978 April Relocated the head office organization to Toshima-ku, Tokyo
November Started offering auto loan services as a part of the credit guarantee services
1979 September Upgraded to the First Section of both Tokyo Stock Exchange and Osaka Securities Exchange

1980-1990s

Year Month Overview and major business developments
1981 February
Launch of international credit cards

Launch of issuance of international credit cards
In 1981, started issuing Mastercard, credit cards exclusively for overseas use over a limited period of time, upon application by cardholders traveling abroad

Information on issuance of international credit cards

March
Launch of issuance of cash advance cards

Launch of issuance of cash advance cards
Started issuing the “Personal Loan Card” exclusively for revolving repayment

Information on cash advance cards

1983 June
Shift to credit cards with a magnetic stripe

Shift to credit cards with a magnetic stripe
The “Finance Card” had simply been made of plastic. In 1983, began issuing credit cards with a magnetic stripe

October
Zodiac sign on credit cards

Zodiac sign on credit cards
In 1987, began issuing the “Zodiac Sign Credit Card,” which was the brainchild of an Orient Finance employee

November Started offering services for guaranteeing consumer loans of financial institutions as a part of the credit guarantee services
1989 January Started issuing the Orico UC Mastercard
July Started issuing the Orico UC Visa credit card and the Orico JCB credit card
October Changed trading name to Orient Corporation
1991 March
Constructed the Tsurugashima Building for use in office automation training

Constructed the Tsurugashima Building for use in office automation training

1992 April Became first in the industry to launch service for guaranteeing fee collection
1993 November Became first in the industry to adopt credit securitization pursuant to the Act on Regulation of Specified Claims
1994 January Adopted new company logo featuring the name “Orico”
1995 April Established the Basic Principle: “We value our relationships of trust and aim to act as a company that contributes to society by enabling customers to have a fulfilling life.”
1996 September Conducted the first issuance of asset-backed securities (ABS) in Japan
1998 January
Became the first in the industry to offer credit card enrollment online

Became the first in the industry to offer credit card enrollment online

1999 January Embarked on servicing business upon establishing Japan Collection Service Co., Ltd.
Constructed head office annex building housing the IT Center

Constructed head office annex building housing the IT Center

February Began handling acquiring services involving Mastercard
September Launched the Orico Mall online shopping platform

2000s-

Year Month Overview and major business developments
2000 April
Started issuing the Orico Gold Mastercard

Started issuing the Orico Gold Mastercard

September Relocated head office to Chiyoda-ku, Tokyo (present location) upon completing construction of new head office building
2001 October Exceeded 10 million cardholders
2002 December Began to handle “Back Up Selefty” auto loans which was the industry’s first deferred auto loan with a residual value guarantee
2003 July

Launch of Orico Card UPty
Began accepting enrollment in Orico Card UPty offering revolving credit and flexible repayment options

2004 March Established loan servicing company ORIFA Servicer Corporation
July Reached agreement with Mizuho Bank, Ltd. to enter into a comprehensive business alliance in the retail sector
2005 February Reached agreement with ITOCHU Corporation to enter into a capital and business alliance
April Assumed the unsecured personal loan guarantee business for Mizuho Bank, Ltd. from UC CARD Co., Ltd.
2006 November Assumed credit business section of Rakuten KC Co., Ltd.
2007 March The name ITOCHU Insurance Services Co., Ltd. was changed to ITOCHU Orico Insurance Services Co., Ltd. upon Orico taking a stake in the company.
August Changed share listing to the Second Section of both Tokyo Stock Exchange and Osaka Securities Exchange
2008 March Started operation of the AURORA authorization system jointly with Credit Saison Co., Ltd. and Qubitous Co., Ltd., a subsidiary of UC CARD Co., Ltd.
April Established Orico Auto Leasing Co., Ltd.
July Began offering the “atoribo” (retroactive revolving credit) service for cardholders
October
Introduction of designer credit cards

Introduction of designer credit cards
Launched credit cards with distinctive design under the concept “Card you would want to show off, making your personality shine through”

2010 September Orient Corporation becomes an associate accounted for using the equity method of Mizuho Financial Group, Inc.
2011 March Returned to the First Section of Tokyo Stock Exchange
May Delisted from Second Section of Osaka Securities Exchange
2014 June Started issuing Orico Card THE POINT
December The 60th anniversary of our founding
Devised the brand slogan
2015 April Established Orico Business Leasing Co., Ltd.
August Established Orico Auto Leasing (Thailand) Ltd. and started auto loan business in Thailand
2016 August Began handling business involving Alipay e-payment services geared toward Chinese visitors to Japan
October Began handling business involving Apple Pay e-payment services
2017 January Started issuing “Mizuho Mileage Club Card/THE POINT” in partnership with Mizuho Bank, Ltd.
October Made Orico Forrent Insure Co., Ltd. a wholly-owned subsidiary of Orient Corporation
2018 August Released new core system
October Began handling business involving WeChat Pay e-payment services geared toward Chinese visitors to Japan
November Reached agreement on new share issuance of LINE Credit through third-party allotment