J Trust Co., Ltd.

Established Iko Trading Co., Ltd. in Osaka City Minami Ward (now Chuo Ward) and began loan operations such as commercial bill discounting and bill lending for small and medium-sized enterprises and sole proprietors.

Founded in Minami-ku, Osaka-shi to provide financial services including commercial note discount and loan on note for small & medium-sized enterprises and individual business owners.

Established: March 18, 1977 (Showa 52)

Registered as a lending business under the implementation of the Loan Business Regulation Act.

Obtained registration upon enforcement of the 'Moneylending Business Act.'

Changed the company name to Iko Co., Ltd.

Listed on the Second Section of the Osaka Stock Exchange.

National Guarantee Co., Ltd. acquired 12,600 thousand shares of our common stock (through third‑party allotment and public offer) and became our parent company.

Acquired 12,600 thousand common shares through third-party allotment and TOB.

Nobuyoshi Fujizawa acquired 14,010 thousand shares of our common stock from National Guarantee Co., Ltd. (public offer) and became our largest shareholder.

Acquired 14,010 thousand common shares from ZENKOKU HOSHO Co., Ltd. via TOB.

Acquired all shares of Station Finance Co., Ltd. (now Japan Guarantee Co., Ltd.) from Hankyu Electric Railway Co., Ltd. and made it a consolidated subsidiary.

Made it a consolidated subsidiary after acquiring all shares from Hankyu Corporation.

Changed the company name to J Trust Co., Ltd. and moved the headquarters to Kitahama, Chuo Ward, Osaka City.

Moved head office to Kitahama, Chuo-ku, Osaka-shi.

Transferred our business of lending to merchants and consumers to J Trust Financial Services Co., Ltd. (now Japan Guarantee Co., Ltd.) through a split-and-acquisition, and ceased lending operations.

Transferred business loan and consumer loan services to J Trust Financial Service Co., Ltd. via absorption-type demerger.

Transferred our credit guarantee business to J Trust Financial Services Co., Ltd. (now Japan Guarantee Co., Ltd.) through a split-and-acquisition, focusing on holding operations.

Transferred credit guarantee business to J Trust Financial Service Co., Ltd. via absorption-type demerger.

Moved headquarters to Minato Ward, Tokyo.

Implemented a 2-to-1 stock split of our common shares.

In 2011, established Shinai Co., Ltd. (now JT Shinai Savings Bank Co., Ltd.) as a subsidiary of KC Card Co., Ltd. (now Nexus Card Co., Ltd.) in Korea.

Entered South Korea market by establishing a subsidiary.

In Korea, Shinai Co., Ltd. obtained approval to operate a savings bank, entered the savings bank business, and changed its name to Shinai Savings Bank Co., Ltd. (now JT Shinai Savings Bank Co., Ltd.).

Changed name to Chinae Savings Bank Co., Ltd.

Listed on the Second Section of the Tokyo Stock Exchange following the merger of the Tokyo and Osaka Stock Exchanges.

Completed fundraising through a rights offering.

Due to merger between TSE and Osaka Securities Exchange.

Established JTRUST ASIA PTE. LTD. in Singapore to expand into Southeast Asia.

Entered Southeast Asia market.

In Indonesia, acquired 99.0% of the shares of PT Bank Mutiara Tbk. (now PT Bank JTrust Indonesia Tbk.) from the Indonesian Deposit Insurance Corporation and made it a consolidated subsidiary.

Made it a consolidated subsidiary in Indonesia.

In Korea, acquired all shares of Korea Standard Chartered Savings Bank Co., Ltd. from Korea Standard Chartered Financial Holding Co., Ltd., made it a consolidated subsidiary, and changed its name to JT Savings Bank Co., Ltd.

Made it a consolidated subsidiary and renamed to JT Savings Bank Co., Ltd.

In South Korea, acquired all shares of Korea Standard Chartered Capital Co., Ltd. from Korea Standard Chartered Financial Holding Co., Ltd., made it a consolidated subsidiary, and changed the company name to JT Capital Co., Ltd. (now A Capital Co., Ltd.).

Made it a consolidated subsidiary and renamed to JT Capital Co., Ltd.

In Cambodia, acquired 55.0% of ANZ Royal Bank (Cambodia) Ltd. from ANZ Funds Pty Ltd., made it a consolidated subsidiary, and changed the company name to J Trust Royal Bank Ltd. (now J Trust Royal Bank Plc.).

Made it a consolidated subsidiary and renamed to J Trust Royal Bank Ltd.

Implemented a share exchange making Nexus Bank Co., Ltd. the full parent company and J Trust Card Co., Ltd. (now Nexus Card Co., Ltd.) the full subsidiary, and excluded that company and its subsidiary JT Shinai Savings Bank Co., Ltd. from the consolidated scope.

Nexus Bank became the wholly owning parent, J Trust Card Co., Ltd. became wholly owned, and some subsidiaries were excluded from consolidation.

Transferred all shares of JT Capital Co., Ltd. (now A Capital Co., Ltd.) and excluded it from the consolidated scope.

Excluded from scope of consolidation.

Acquired all shares of HS Securities Co., Ltd. (now J Trust Global Securities Co., Ltd.) from HS Holdings Co., Ltd., and made it a consolidated subsidiary.

Made it a consolidated subsidiary.

Implemented a share exchange making our company the full parent and Nexus Bank Co., Ltd. the full subsidiary, and made Nexus Card Co., Ltd., JT Shinai Savings Bank Co., Ltd., and Samurai Technology Co., Ltd. consolidated subsidiaries. Additionally, transferred all shares of Samurai Technology Co., Ltd. and excluded it from the consolidated scope.

Moved to the Standard market following a review of market classifications by the Tokyo Stock Exchange.

Made Nexus Bank a wholly owned subsidiary; other subsidiaries included.

Excluded from scope of consolidation.

Following market classification revision by TSE.

Relocated headquarters to Shibuya-ku, Tokyo.

Carried out an absorption merger where our company is the surviving entity and Mirai Innovate Co., Ltd. is the absorbed entity.

Absorption-type merger where J Trust is the surviving entity.

Moved main office to Shibuya-ku, Tokyo.

Absorption-type merger where J Trust is the surviving entity.

Implemented the cancellation of 9,380,000 shares of our own stock.

Cancelled 9,380,000 shares of treasury stock.

Established Grand Guarantee Co., Ltd. as a subsidiary of J Grand Co., Ltd.

Subsidiary of J-GRAND Co., Ltd.

Implemented the cancellation of 4,140,000 shares of our own stock.

Cancelled 4,142,000 shares of treasury stock.