Aeon credit service with NEXCO EAST

East Nippon Expressway Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Chairman and President: Tatsuo Sato, “NEXCO EAST”) and AEON Credit Service Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Representative Director and President: Kamiya) Kazuhide, "Aeon Credit Service") has basically agreed on alliances in the field of credit cards, including the joint issue of affiliated cards.

NEXCO EAST is engaged in the construction and management of Expressway which are important social infrastructures (business extension: 3,597km, as of 2011.7.1), and service area/parking area business (307 locations, as of 2011.4.1). PA”) and new Expressway related businesses.

Aeon Credit Service has 28.43 million members (as of May 20, 2011) in Japan and other Asian countries, and is developing various financial services such as electronic money business and bank agency business with the credit business as the core. I will.

Based on the basic agreement, the two companies will discuss the specific content of the alliance such as the product characteristics of the alliance card with the aim of concluding the alliance contract within the year. We will also discuss the development of electronic money "WAON" at NEXCO EAST SA/PA. By leveraging each strength and cooperating with each other, we will pursue the possibility of realizing more attractive services for our customers.

◆Outline of both companies

East Nippon Expressway Co., Ltd. (NEXCO EAST)
Head office: 3-3-2 Kasumigaseki, Chiyoda-ku, Tokyo
Established: October 2005
Capital: 52.5 billion yen
Representative: Tatsuo Sato, Chairman and President
Business description: Expressway management and construction business, service area business and Expressway related business

AEON Credit Service Co., Ltd.
Headquarters: 1 Kanda Mitoshiro-cho, Chiyoda-ku, Tokyo
Established: June 1981
Capital: ¥15,466.5 million
Representative: Kazuhide Kamiya, Representative Director and President
Business activities: Credit business, electronic money business, bank agency business, etc.