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Home > Company Index > Financial Services > Consumer Loans > Nippon Shinpan Co., Ltd.

Nippon Shinpan Co., Ltd.
 PROFILE
Nippon Shinpan is the largest credit card issuer in Japan, and has also been involved in various leasing activities. It is exiting this line of business, however, after the collapse of one of its leasing affiliates, Inter-Lease, seriously damaged the company's bottom line. Nippon Shinpan will continue its auto lease business, but intends to focus on its credit card-issuing operations. The company has made an agreement with major French supermarket operator Carrefour, by which a card will be issued that can be used at Carrefour's stores in Japan. Nippon Shinpan has agreed to sell its life insurance unit to Winterthur Group of Switzerland.

 COMPETITION
Citigroup Inc. (C)
Mitsubishi Tokyo Financial Group, Inc. (MTF)
United Financial of Japan (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 3,871.30
1-Yr. Sales Growth: 31.1%
Employees: 6,429
Revenue per employee: $602,162.08

 KEY PEOPLE
• Yoji Yamada
    CEO

 CONTACT INFO
33-5, 3-chome, Hongo, Bunkyo-ku
Tokyo 113-8411, Japan
Phone: 81-3-3811-3111
Fax: 81-3-3815-6650
Online: Web Site

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