Competition in ourcurrent operating environment has intensified due to various factors, includingincreasingly remarkable overfundingfrom the continuation of the easy money policy, and the surge in technological innovation brought about by rapid advances in technology. These conditions have produced a need for significant change.
In this environment, on January 26, 2017 we became a member of the group operated by Fuyo General Lease Co., Ltd., enabling us to make full use of our new parent company’s resources including its customer base, financial expertise and human resources as we strive to expand our businesses and enhance corporate value.
As a result, finance services such as the Factoring Service Flexible Payment Service (FPS) for operating companies and Factoring Service in the medical and nursing care sector FPS Medical have seen upward momentum in the volume of credit offered through avenues such as new contracts, and the effects of Group consolidation have steadily emerged.
Meanwhile, our business process outsourcing (BPO) service, another mainstay of our operations, is enjoying higher demand as companies face constant labor shortages. In this area, we are leveraging the latest technology to improve our service offerings and make efficiency advancements as part of a focus on developing new clientele.
As described above, as a member of the Fuyo Lease Group we will continue working with the aim of being a one-of-a-kind company that provides services with a focus on small, short-term loans and peripheral operations.
We look forward to your continued support as we pursue these initiatives.
President & CEO
Accretive Co., Ltd.