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Acom Co (Acom Co) Allowance For Loans And Lease Losses


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What is Acom Co Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Acom Co (Acom Co) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Marunouchi 2-chome, Chiyoda-ku, Meiji Yasuda Seimei Building, Tokyo, JPN, 100-8307
Acom Co Ltd is a Japanese consumer finance company. Its four core business categories are loan and credit, guarantee services, loan servicing, and overseas financials. Its loan and credit business offers credit cards and unsecured loans. The guarantee segment provides credit guarantee services, including loan portfolios and marketing analyses. The firm also offers loan administrative services in its loan servicing segment. Acom's overseas businesses are mostly in the retail finance sector in Thailand and Indonesia. In addition to ATMs, Acom's distribution relies on multifaceted sales channels, including a call center, Internet services, and mobile phones. The company earns its revenue from its loan and credit card business in Japan.