Yokohama Financial Group Inc - Company Profile
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Yokohama Financial Group Inc, formerly Concordia Financial Group Ltd (Concordia) is a bank holding company that manages and operates banks and other companies. The company is primarily engaged in providing retail and business banking services and related financial solutions. Its major offerings include lending, deposits, insurance, securities trading, domestic and foreign exchange services, trust management, and securities investment solutions. Concordia's subsidiaries include The Bank of Yokohama, Ltd, L&F Asset Finance, Ltd, and The Higashi-Nippon Bank, Ltd. The company's services cater to a diverse range of customers, including individuals and businesses across various industries. Concordia operates in several regions, including Kanagawa, Tokyo, Saitama, Gunma, Tochigi, Ibaraki, and Chiba and international presence. Concordia is headquartered in Chuo-ku, Tokyo, Japan.
Products and Services
| Products | Services | Brands |
|---|---|---|
| Deposits | Internet Banking | Concordia |
| Cards | Safe-Deposit Box | |
| Loans | Business Advisory and Consulting | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In January, the company acquired a stake in MILIZE. |
| 2025 | Corporate Changes/Expansions | In October, the company changed its name from Concordia Financial Group to Yokohama Financial Group. |
| 2024 | Contracts/Agreements | In November, the company and Sumitomo Mitsui Trust Bank signed an agreement to acquire an 85% stake in Sumitomo Mitsui Trust Loan & Finance. |
Competitor Comparison
| Key Parameters | Yokohama Financial Group Inc | Resona Holdings Inc | Fukuoka Financial Group Inc | Shizuoka Financial Group Inc | Chiba Bank |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Chuo-Ku | Koto-Ku | Fukuoka-Shi | Shizuoka-Shi | Chiba |
| State/Province | Tokyo | Tokyo | Fukuoka | Shizuoka | - |
| No. of Employees | 6,450 | 21,038 | 8,234 | 4,351 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tatsuya Kataoka | Director; President | Executive Board | 2022 | - |
| Yutaro Koshiba | Executive Officer | Senior Management | - | - |
| Kazumi Nobe | Executive officer | Senior Management | 2023 | - |
| Tomoki Arai | Executive Officer | Senior Management | - | - |
| Toshihiko Onuki | Executive Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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