Resona Holdings, Inc. history, profile and corporate video
Resona Holdings, Inc. is a Japanese holding company headquartered in Koto, Tokyo, Japan. It was established in December 2001 as Daiwa Bank Holdings, Inc. through a share transfer involving the 3 banks of The Daiwa Bank, Ltd., The Kinki Osaka Bank, Ltd., and The Nara Bank, Ltd.
Daiwa Bank
Resona traces its roots back to the establishment of The Osaka Nomura Bank., Ltd. in May 1918. This company served as the financing arm of the Nomura zaibatsu founded by Tokushichi Nomura. Its securities brokerage operation separated in 1925 to form Nomura Securities, now one of the largest securities companies in Japan.
In 1927, The Osaka Nomura Bank, Ltd. changed its name to The Nomura Bank, Ltd.
In 1948, The Nomura Bank, Ltd. changed its name to Daiwa Bank, Ltd.
In 2001, the holding company Daiwa Bank Holdings, Inc. was established through a joint share transfer with The Daiwa Bank, Ltd., The Kinki Osaka Bank, Ltd., and The Nara Bank, Ltd.
In 2002, Daiwa Bank Holdings, Inc. established Saitama Resona Bank, Limited.
Asahi Bank
In 1943, Saitama Bank, Ltd. was established by the merger of 4 banks in Saitama Prefecture.
In 1945, Japan Saving Bank, Ltd. was established by a merger of 9 savings banks
In 1948, Japan Saving Bank, Ltd. changed its name to The Kyowa Bank, Ltd.
In 1991, The Kyowa Bank, Ltd. and Saitama Bank, Ltd. merged on equal basis to create The Kyowa Saitama Bank, Ltd.
In 1992, The Kyowa Saitama Bank, Ltd. changed its name to The Asahi Bank, Ltd.
In 2002, The Asahi Bank, Ltd. became a wholly-owned subsidiary of Daiwa Bank Holdings, Inc.
Resona
In 2002, Daiwa Bank Holdings, Inc. changed its name to Resona Holdings, Inc.
In 2003, Saitama Resona Bank merged with The Asahi Bank Ltd., to create Resona Bank, Limited.
In 2006, The Nara Bank, Ltd. was merged into Resona Bank, Limited.
In 2017, Kansai Mirai Financial Group, Inc. was established. Kansai Mirai Financial Group has started in earnest as a holding company that owns three banks, including Kansai Urban Banking Corporation, Minato Bank, and Kinki Osaka Bank.
In April 2019, Kansai Urban Banking Corporation and Kinki Osaka Bank were merged to form Kansai Mirai Bank.
GROUP COMPANIES
- Resona Bank, Limited
- Saitama Resona Bank, Limited
- Kansai Mirai Bank, Limited
- The Minato Bank, Ltd.
- Kansai Mirai Financial Group, Inc.
- Resona Guarantee Co., Ltd.
- Resona Kessai Service Co., Ltd.
- Resona Card Co., Ltd.
- Resona Capital Co., Ltd.
- Resona Research Institute Co., Ltd.
- Resona Asset Management Co., Ltd.
- Resona Corporate Investment Co., Ltd.
- Resona Business Service Co., Ltd.
- P.T. Bank Resona Perdania
- Resona Merchant Bank Asia Limited
- Custody Bank of Japan, Ltd
- Shutoken Leasing Co.,Ltd.
- DFL Lease Company Limited
- NTTDATA SOFIA CORPORATION
- Resona Digital I Inc.
With more than 20,000 employees, Resona Holdings, Inc. is considered one of the Top 2000 Largest Public Companies in the world, according to Forbes. Resona Group is considered one of the largest banking groups in Japan.
*Information from Forbes.com, Wikipedia.org, and www.resona-gr.co.jp/holdings/english.
**Video published on YouTube by “Inspira Visions“.