Sony Financial Group
formerly known as is a Japanese holding company for Sony's financial services business and headquartered in Tokyo, Japan. It operates various businesses, including both life and non-life insurances, online banking, credit card settlement, nursing care, and venture capital.
History
In March 2004, Sony received approval from the Financial Services Agency of Japan to establish a holding company under the Insurance Business Act and a holding company under the Banking Act. The following month, Sony established Sony Financial Holdings through a corporate split. This placed Sony Life Insurance, which became a Sony subsidiary in 1996, Sony Insurance, which was established in 1998, and Sony Bank, which was established in 2001, under the same umbrella.In 2020, Sony acquired Sony Financial Holdings through a tender offer, delisting it from the First Section of the Tokyo Stock Exchange and making it a wholly owned subsidiary.
In 2021, Sony Financial Holdings changed its name to Sony Financial Group.
Subsidiaries
- Sony Life Insurance
- * Sony Life Communications
- * Sony Life Singapore
- Sony Assurance
- Sony Bank
- * Sony Payment Services
- ** SmartLink Network
- ** S.RIDE
- Sony Lifecare
- * Lifecare Design
- * Proud Life
- Sony Financial Ventures