Sony Financial Group

{{Short description|Japanese financial company, a subsidiary of Sony}}

{{Use dmy dates|date=October 2017}}

{{Infobox company

| name = Sony Financial Group Inc.

| native_name = ソニーフィナンシャルグループ株式会社

| native_name_lang = ja

| romanized_name = Sonī Finansharu Gurūpu Kabushiki-gaisha

| logo = Sony Financial Group logo.svg

| caption_logo =

| image = Otemachi Financial City Grand Cube1.jpg

| image_caption = Headquarters at Otemachi Financial City

| former_name = Sony Financial Holdings
{{small|(2004–2021)}}

| type = Subsidiary

| ISIN =

| industry = Financial services

| foundation = {{start date and age|2004|04|01|df=y}}{{cite web|title=About Sony Financial Holdings Inc.|url=http://www.SonyFH.co.jp/en/company/about_us.html|website=www.SonyFH.co.jp|publisher=Sony Financial Holdings Inc.|date=21 June 2017|access-date=24 October 2017|archive-url=https://web.archive.org/web/20171122161908/http://www.sonyfh.co.jp/en/company/about_us.html|archive-date=22 November 2017|url-status=live}}

| location = Ōtemachi, Chiyoda-ku, Tokyo, Japan

| key_people = Shigeru Ishii {{small|(President)}}

| products = Financial products

| owner =

| num_employees = 13,500

| parent = Sony Group Corporation

| subsid = {{Unbulleted list|Sony Life Insurance|Sony Assurance|Sony Bank|Sony Lifecare|Sony Financial Ventures}}

| homepage = {{URL|https://www.sonyfg.co.jp/index_en.html|www.sonyfg.co.jp}}

| assets = ¥ 14.5 trillion{{cite web| url=https://uk.reuters.com/article/us-sony-outlook-sony-financial/sony-to-take-full-control-of-listed-financial-arm-for-3-7-billion-idUKKBN22V0FO| quote=Total assets stood at 14.5 trillion yen as of the end of last year.| title=Sony to take full control of listed financial arm for $3.7 billion| access-date=18 July 2020| archive-url=https://web.archive.org/web/20200604072746/https://uk.reuters.com/article/us-sony-outlook-sony-financial/sony-to-take-full-control-of-listed-financial-arm-for-3-7-billion-idUKKBN22V0FO| archive-date=4 June 2020| url-status=dead}}

| revenue =

}}

{{Nihongo foot|Sony Financial Group Inc.,|ソニーフィナンシャルグループ株式会社|Sonī Finansharu Gurūpu Kabushiki-gaisha|group=nb}} formerly known as {{Nihongo foot|Sony Financial Holdings Inc.,|ソニーフィナンシャルホールディングス株式会社|group=nb}} is a Japanese holding company for Sony's financial services business and headquartered in Tokyo, Japan. It operates various businesses, including both life and non-life insurances, online banking, credit card settlement, nursing care, and venture capital.

History

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.{{Cite web|title=Sony completes $3.7bn takeover of financial unit|url=https://asia.nikkei.com/Business/Business-deals/Sony-completes-3.7bn-takeover-of-financial-unit|access-date=2020-07-17|website=Nikkei Asian Review|language=en-GB|archive-url=https://web.archive.org/web/20200717113423/https://asia.nikkei.com/Business/Business-deals/Sony-completes-3.7bn-takeover-of-financial-unit|archive-date=17 July 2020|url-status=live}}

In 2021, Sony Financial Holdings changed its name to Sony Financial Group.

Subsidiaries

  • Sony Life Insurance
  • Sony Life Communications
  • Sony Life Singapore
  • Sony Assurance
  • Sony Bank
  • Sony Payment Services
  • SmartLink Network
  • S.RIDE
  • Sony Lifecare
  • Lifecare Design
  • Proud Life
  • Sony Financial Ventures{{Cite web|title=About Our Group {{!}} About Us {{!}} Sony Financial Holdings|url=https://www.sonyfh.co.jp/en/company/about_group.html|access-date=2020-07-22|website=www.sonyfh.co.jp}}

Notes

{{reflist|group=nb}}

References