Corporate History

1957 Apr Established as The Nippon Fudosan Bank, Limited (Capital: ¥1 billion) in accordance with the Long-term Credit Bank Law
1977 Oct Changed name to The Nippon Credit Bank, Ltd.
1994 Feb Established The Nippon Credit Trust Bank, Ltd. (currently Aozora Trust Bank, Ltd.), the first domestic subsidiary classified as other type of business
1998 Dec Started special public management in accordance with the Financial Reconstruction Law and terminated listing of stock on the Tokyo Stock Exchange and the Osaka Securities Exchange
1999 Sep Commencement of NCB Services Co., Ltd. (currently AOZORA Loan Services Co., Ltd.), servicer operations
2000 Sep

Share Purchase Agreement regarding the tranfer of the Bank's shares signed between Deposit Insurance Corporation and SOFTBANK CORP., ORIX Corporation, The Tokio Marine and Fire Insurance Co., Ltd. (currently Tokio Marine & Nichido Fire Insurance Co., Ltd.), and other financial institutions

Ended special public management

Oct Received public funds
Nov Commenced telephone banking services
2001 Jan Changed name to Aozora Bank, Ltd.
2003 Mar Moved headquarters
Sep Through a common stock tender offer conducted in accordance with the Securities Exchange Law, all common stock of the Bank held by SOFTBANK CORP. was transferred to the ownership of Cerberus NCB Acquisition L.P., General Partner Cerberus Aozora GP LLC
2005 Jun Established a subsidiary, Aozora Asia Pacific Limited, in Hong Kong
Jul Opened New York Representative Office
2006 Apr

Converted from Long-Term Credit Bank to "Ordinary Bank"

Established a securities subsidiary, Aozora Securities Co., Ltd.


Listed stock on the Tokyo Stock Exchange

2007 May Opened Shanghai Representative Office
2008 Apr Tender offer for common shares by Cerberus NCB Acquisition, L.P.
2009 Apr

Opened Internet Branch

Commenced Internet Banking Services

2011 Dec Completion of acquisition of Japan Wealth Management Securities, Inc., making it a wholly owned subsidiary of the Bank (Merged with Aozora Securities Co., Ltd. in February 2012. New company name: Aozora Securities, Co., Ltd.)
2012 Aug Announced the Comprehensive Recapitalization Plan
Dec Established Financial Oasis Jiyugaoka (Shibuya Branch Jiyugaoka Office)
2013 Jan Second offering of Aozora common stock by parent company, Cerberus NCB Acquisition, L.P., General Partner Cerberus Aozora GP L.L.C.
Mar Launched Aozora Cash Card Plus (Visa debit)
Established Aozora Regional Consulting Co., Ltd.
Aug Cerberus NCB Acquisition, L.P., General Partner Cerberus Aozora GP L.L.C. sold its entire remaining stake in Aozora
2014 Feb Established an investment trust subsidiary, Aozora Investment Management Co., Ltd.
May Established Singapore Representative Office
2015 Jan Established an investment advisory subsidiary, Aozora Real Estate Investment Advisors Co., Ltd.
Jun Full repayment of public funds
Dec Established a subsidiary, Aozora Europe Limited, in London