Sony Financial Group
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]
Native name
ソニーフィナンシャルグループ株式会社
Sonī Finansharu Gurūpu Kabushiki-gaisha
Sony Financial Holdings
(2004–2021)
1 April 2004[1]
Ōtemachi, Chiyoda-ku, Tokyo, Japan[1]
Financial products
13,500
- Sony Life Insurance
- Sony Assurance
- Sony Bank
- Sony Lifecare
- Sony Financial Ventures
History[edit]
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.