History

FY2007 (April 1, 2007 - March 31, 2008)

FY2007 (April 1, 2007 - March 31, 2008)
2007 April Achieved two million retail accounts
  Assigned business from UNICO Corporation (through Showa Leasing)
May Completed sales of all shares of Life Housing Loan Co., Ltd. to Sumitomo Trust & Banking Co., Ltd.
June Launched new  Shinsei Platinum Services
July Reached an agreement with Japan Asia Investment Co., Ltd. to form a business partnership and subscribed to its private placement of new shares
August Acquired and cancelled Series 3 Class-B preferred shares
Established a joint venture engaged in investment management with UTI International Ltd.
October Made strategic investment in Duff & Phelps Corporation and signed Referral Agreement
December Acquired a controlling interest in SHINKI Co., Ltd.
2008 January Reached a mutual agreement with Seven Bank, Ltd. to share sales channels and develop products and services together
February Completed a tender offer bid for the Bank's common shares and a third-party allotment of new common shares of the Bank to the investor group led by J.C. Flowers & Co. LLC and affiliates
  Launched private equity fund with the Development Bank of Japan
  Concluded an Operational Alliance Agreement with Towa Bank, Ltd.
March Agreed to the sale of headquarters building
  Acquired and cancelled Series 2 Class-A Preferred Shares pursuant to a request by shareholder

Latest Revision: July 8, 2008

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