Sojitz Forms Strategic Partnership with AEON Product Finance Co., Ltd. – Launching culumo, a Car Distribution Platform Developed and Operated by Sojitz –
Nov. 26, 2021
Sojitz Corporation
AEON Product Finance Co., Ltd.
Nov. 26, 2021
Sojitz Corporation
AEON Product Finance Co., Ltd.
Sojitz Corporation (“Sojitz”) has announced it will conclude a strategic partnership agreement with AEON Product Finance Co., Ltd. (“APF”), an AEON Group company providing loans and other financial services.
In recent years, advancements in digital technologies have altered the market environment and influenced consumer trends. As a result of these digital advances, the automotive industry is also seeing a major shift in its sales methods and models. Under this strategic partnership, both APF’s loan services and financing functions and Sojitz’s car sales functions will leverage digital and online technologies to realize a new total car life service business that combines the real and digital worlds.
As APF and Sojitz’s first joint initiative, AEON card members (approximately 29.4 million card holders) will be offered additional benefits such as access to Sojitz’s B2C/C2C car distribution platform, “culumo,” and auto loans provided through APF starting from November 25, 2021.
[Related Information]
Company Overview – AEON Product Finance Co., Ltd.
Established | April 1959 |
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Head Office | 3-4 Kandakaji-cho, Chiyoda-ku, Tokyo oak Kanda Kajicho, 9F |
Representative Director | Kazuhiko Kawada |
Shareholders | AEON Financial Service Co., Ltd. – 100% |
Main Business | Credit guarantees, credit purchase mediation Guarantees, debt factoring Proxy services for debt collection and payment |
Website | http://www.aeonproduct-finance.jp |
[For questions regarding this press release, contact:]
Sojitz Corporation Public Relations Dept. +81-3-6871-3404
AEON Product Finance Co., Ltd. Business Planning Dept. Ito / koike +81-3-6701-0608
Please contact us if you would like to know more details.