is one of Japan's largest

consumer loan Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), ...

companies, (or ''

sarakin is a Japanese term for a legal moneylender who makes unsecured loans at high interest. It is a contraction of the Japanese words for and . An illegal loan shark who goes above legally permitted maximum interest rates is called ''yamikin'', s ...

''). The name "Acom" stands for Affection, Confidence and Moderation. The company was founded by

Masao Kinoshita was the founder of Acom, a major consumer loan company in Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan an ...

, who was later replaced by his eldest son

Kyosuke Kinoshita is the chairman of Acom Co., Ltd., a major consumer loan company in Japan. He is the eldest son of Masao Kinoshita, founder of Acom. He graduated from Ritsumeikan University with a bachelor's degree. See also * List of billionaires ''The ...

, the current chairman of the company. In addition to providing loans, Acom issues credit cards. At the end of 2008, Mitsubishi UFJ obtained control of more than 40% of Acom stock and Acom became a consolidated subsidiary of MUFG.

Ownership

As of April 2009, the founders (Maruito/Kinoshita) control about 40% of the shares, another 40% are controlled by

MUFG is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG was created in 2005 by merger between and UFJ Holdings (株式会社UFJホールディングス; ''kabushikigaisha yūefujei hōrudingusu'' ...

.Acom - For Shareholders: Stock Information
/ref>

References

External links

* Financial services companies established in 1978 Financial services companies based in Tokyo Japanese companies established in 1978 Mitsubishi UFJ Financial Group Companies listed on the Tokyo Stock Exchange {{japan-company-stub