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The Orient Corporation Group provides services that meet the needs of its customers, primarily in the consumer credit business, but also in other areas such as debt management and collection and peripheral credit services. In the consumer credit business, we are mainly engaged in the installment sales business, card and loan business, bank guarantee business, and settlement and guarantee business. The individual product installment business will be developed through the advance payment method and the credit guarantee method. When the company's member stores make installment sales to an unspecified number of consumers, the company makes advance payments to the member stores on behalf of customers who have been approved by the company based on a credit check, and collects the advance payments from the customers in the number of installments agreed upon. In the credit guarantee method (affiliated loan), when a consumer applies for a loan from the company through an affiliated company or financial institution, the affiliated financial institution provides a loan under the company's joint and several guarantees to a customer who is approved by the company after a credit check. The main products are auto loans and shopping credits (school fees, home renovation loans, etc.). The card and lending business is engaged in its own cards, affiliated cards, cashing services, loan cards and other operations. The company issues credit cards (Orico Cards) to customers who have been approved by the company after a credit check, and by presenting the cards and signing them at the company's member stores (department stores, specialty stores, etc.), members are able to purchase products or provide services. |
