Nojima Corporation completed its acquisition of Yamato Holdings' credit-finance arm on September 1, 2026, taking 70% of the company's outstanding shares through a special-purpose vehicle it set up solely to fund the purchase. The unit, previously Yamato Credit Finance, changed its name to N Credit Finance the same day at an extraordinary shareholders' meeting.
Nojima replaced the subsidiary's leadership immediately. The new representative director and president was promoted from an executive officer role overseeing the group's business integration division, succeeding the outgoing president. Nojima said the change is meant to maximize synergy between the retailer and its new finance unit and speed the subsidiary's growth.
| Item | Before | After |
|---|---|---|
| Company name | Yamato Credit Finance | N Credit Finance |
| Representative director and president | Outgoing president (stepped down) | New president, promoted from an executive officer role overseeing business integration |
The subsidiary keeps its ¥500mn capital base and March fiscal year end unchanged, along with its existing business lines: individual and comprehensive credit-purchase intermediation, corporate accounts-receivable settlement, receivables-backed lending, and collection-agency services. Nojima wants to combine those functions, particularly deferred payment and corporate credit, with its own retail sales operations to build what it calls an integrated sales-and-finance model aimed at expanding its business-to-business dealings.
Nojima first announced the share purchase on May 14, 2026; September 1 marked the closing. The retailer said the deal's effect on the fiscal year ending March 2027 is expected to be minor and that it will disclose promptly if that assessment changes.