Accretive
Accretive provides medical/nursing care claims factoring and accounts receivable factoring (FPS), plus accounting and receipt-processing BPO services, to hospitals, clinics, nursing care operators, and Japanese corporates as a wholly-owned subsidiary of Fuyo General Lease.
- Company typePrivate
- Founded1999
- HeadquartersTokyo, Japan
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Accretive does
Accretive Co., Ltd. (アクリーティブ株式会社) is a Japanese financial services and business process outsourcing (BPO) company that operates two integrated lines of business. The first is FPS (Flex Payment Service) — a factoring business that purchases accounts receivable from suppliers (general corporates) and insurance claims (medical/nursing care providers), providing early payment at rates up to 95% of claim value. The second is BPO services covering accounts payable data creation, payment processing, mail sorting, and receipt (レセプト) diagnostics for hospitals, clinics, nursing care operators, and visiting nursing stations. Digital delivery channels include the Medicare in online factoring platform, FPS portal, and FPS Online for electronic certificate-based transactions.
The company serves two primary verticals: (1) medical and nursing care providers — hospitals, clinics, dispensing pharmacies, nursing care operators, visiting nursing stations, and disability service offices — addressing 2–3 month insurance payment cycle gaps; and (2) general corporates in retail, wholesale, manufacturing, and services — addressing accounts receivable liquidity and promissory note management burdens. Operations are delivered through a hybrid onshore/offshore model: domestic offices in Tokyo (HQ), Osaka, Fukuoka, Nagoya, Sapporo, and Ichikawa BPO Center, plus a wholly-owned Cambodia offshore subsidiary. The Ichikawa center processes up to 3–5 million slips per month.
Accretive generates revenue primarily through transaction fees on factoring volume and monthly fixed fees for BPO services, with post-payment no-recourse factoring for suppliers. The company is a wholly-owned consolidated subsidiary of Fuyo General Lease Co., Ltd. (芙蓉総合リース), a TSE-listed diversified leasing conglomerate, following a 2017 public tender offer and 2019 delisting. It maintains ISO/IEC 27001 certification across major BPO locations since 2006 and operates as a licensed money lending operator under Tokyo Metropolitan Governor registration. Founded in 1999 (as Fiduc Corporation) and previously listed on TSE First Section under code 8423, Accretive was earlier a subsidiary of Don Quijote (Pan Pacific International Holdings) before transitioning to Fuyo Lease Group ownership.
Accretive firmographics
Firmographics- Name
- Accretive
- Legal name
- アクリーティブ株式会社
- Website
- https://accretive.jp
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Accretive provides medical/nursing care claims factoring and accounts receivable factoring (FPS), plus accounting and receipt-processing BPO services, to hospitals, clinics, nursing care operators, and Japanese corporates as a wholly-owned subsidiary of Fuyo General Lease.
- Ownership category
- akta.pro rank
Accretive industry classification
Industry- Product category
- Factoring & Business Process Outsourcing
- NAICS
- Activities Related to Credit Intermediation (5223), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Engineering, Accounting, Research, Management (8700), Services-Computer Programming, Data Processing, Etc. (7370), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff) (BPAAAGAK)
- akta.pro secondary industries
- Billing, Payments & Account Administration Centers (BPAAAAAF), Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA), Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB), General Ledger & Close (Journal Entries, Month-End Close, Reconciliations) (BPAAAGAC)
Keywords
Where Accretive is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices7 records
Markets served
Accretive business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- FPS - Accounts Receivable Early Payment (Factoring): Factoring service where Accretive purchases accounts receivable from suppliers and pays them earlier than the payment company's due date. Revenue is generated from factoring fees charged to either the paying company or the supplying company, based on transaction amount and payment schedule.
- Medical/Nursing Care Factoring (FPS Medical): Purchase of medical, nursing care, dispensing, and dental insurance claims receivables from healthcare providers, enabling early access to funds (up to approximately 3 months of claims). Revenue from factoring fees and service charges.
- BPO Services - Accounting Process Outsourcing: Outsourcing of accounts payable data creation, payment-related operations, and accounting tasks. Monthly fixed fees based on business scale and scope of services; handling up to 3 million slips per month.
- Medical BPO - Reseption Optimization: Reseption (medical insurance claim) diagnostic services, medical affairs workshops, and resechtion inspection system sales for hospitals and clinics. Revenue from service fees for diagnostic reports and system licensing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | FPS Early Payment - Supplier Registration |
| Transaction based/ take rate | Pay-as-you-go | FPS Early Payment - Paying Company |
| Transaction based/ take rate | Pay-as-you-go | Medical/Nursing Factoring - Purchase Rate |
| Subscription | Monthly | Medical BPO - Monthly Fixed |
| Unit Pricing | Pay-as-you-go | Reseption Diagnosis - Report Types |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Accretive product offering
Product offeringCore offering
Accretive provides factoring (early payment) services and business process outsourcing (BPO) for two main customer segments in Japan: medical and nursing care providers, and general corporate clients. Core offerings include medical/nursing insurance claims factoring (FPS Medical), accounts receivable early payment (FPS), receipt (resepction) diagnostic services, and full-scale accounting and medical BPO services delivered from domestic and Cambodia-based operations.
Differentiator
Problem solved
Functional benefit
Brands
- FPS (Flex Payment Service): Factoring service for accounts receivable early payment and payment bill reduction for general businesses
- FPS Medical
- Medicare in
- Medicare in
Products and services
- FPS Medical (診療・介護報酬ファクタリング / Medical and Nursing Care Claims Factoring)
- Receipt Optimization (レセプト診断 / Resepction Diagnostic Service)
- Medical and Nursing Care BPO Service (医療・介護事業者向けBPOサービス)
- FPS (売掛債権早期支払い・支払手形削減 / Accounts Receivable Early Payment & Promissory Note Reduction)
- Accounting Business BPO Service (経理業務BPOサービス)
- Medicare in (Online Factoring Platform)
- FPS Online (FPSオンライン)
- Supplier Company Portal (納入企業様向けポータルサイト)
- Medicare Board
Quantifiable outcome
- Medical/nursing care claims handling: over 2,000 billion yen annually
- +4 more outcomes
Companies that use Accretive
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Accretive technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Accretive partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor and core.
- 株式会社プレアデスセブン (Plethades Seven Co., Ltd.)minorCapital and business partnership for hospital management DX platform provision. Accretive and Plethades Seven co-develop solutions serving mutual clients in the medical/hospital sector.
- メリービズ株式会社 (Merrybiz Co., Ltd.)minorAccretive invested in Merrybiz, a company providing BPO services using an online platform. Partnership aimed at strengthening Accretive's BPO service capabilities.
- Accretive Service (Cambodia) Co., Ltd.coreWholly-owned subsidiary in Cambodia serving as the offshore BPO center. Established in May 2012, the Cambodia center handles data entry and labor-intensive processing for client accounting operations, enabling cost optimization.
- Siam Sinanen Co., Ltd. (タイ)minorInvestment in Siam Sinanen Co., Ltd. in Thailand as part of Accretive's Southeast Asian business expansion. The company subsequently withdrew from Thailand operations in February 2021.
- 中道リース株式会社minorBusiness cooperation for customer referrals in the medical and nursing care field between Accretive and Nakamichi Lease.
- 株式会社福邦銀行minorBusiness matching contract for customer referrals in the medical and nursing care field between Accretive and Fukuhou Bank.
- 株式会社三重銀行minorBusiness matching contract for customer referrals in the medical and nursing care field between Accretive and Mie Bank.
- 株式会社トライアルカンパニーminorBusiness partnership for operational collaboration between Accretive and Trial Company.
- 株式会社南日本銀行minorBusiness matching contract for customer referrals in the medical and nursing care field between Accretive and Minaminihon Bank.
- 株式会社ウィルグループminorBusiness partnership for collaboration between Accretive and Will Group.
Scale indicators7 records
Recent moves11 records
Expansion highlights6 records
Accretive competitors and assessment
Company assessmentBroad incumbents
- ORIX Corporation: Diversified Japanese financial services group with leasing, factoring, and outsourced business services, operating at much larger scale but with comparable corporate-finance and back-office offerings.
- NTT Finance Corporation: Large Japanese factoring and leasing arm of NTT Group offering accounts-receivable factoring and BPO-style settlement services across enterprise clients, broadly overlapping Accretive's general-corporate FPS and accounting BPO.
- Mizuho Leasing Company, Limited: Japanese leasing and financial-services firm within the Mizuho financial group, providing receivables and cash-management solutions overlapping with Accretive's corporate FPS and BPO lines.
- transcosmos inc. Large Japanese BPO and contact-center operator with offshore delivery centers, comparable to Accretive's domestic-plus-Cambodia BPO service model across accounting, billing and back-office work.
- Mitsubishi HC Capital Inc. Major Japanese leasing and finance company offering factoring, leasing and BPO-adjacent services across corporate customers, with broader scale than Accretive but overlapping product set.
- Adecco Group Japan (Adecco Ltd.): Global staffing and BPO operator in Japan offering outsourced back-office and finance-process services, broadly comparable to Accretive's accounting and medical-claim BPO lines.
- SMBC Finance Service Co., Ltd. Factoring subsidiary of the SMBC group providing AR/promissory-note factoring and settlement-related services to a wide corporate customer base, comparable to Accretive's general FPS offering.
- Bell System24 Holdings, Inc. Major Japanese contact-center and BPO provider including billing, payments and account-administration centers, structurally overlapping Accretive's Billing/Payments & Account Administration Center proposition.
Emerging players
- Genpact Limited: Global professional-services firm specializing in finance-and-accounting (AP/AR/GL) BPO and digital operations, relevant as an international comparator for Accretive's accounting process outsourcing business.
Direct peers
- Intrust Inc. Japanese listed company focused on medical/nursing-care factoring and guarantee services, head-to-head with Accretive's FPS Medical in the same hospital and care-provider customer segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Accretive social profiles
Digital presenceAccretive compliance and trust
Trust signalCompliance1 record
Accretive financial estimates
Financial estimateRevenue estimate
Valuation estimate
Accretive leadership team
Management profileNumber of profiles
Profiles7 records
Accretive subsidiaries and ownership
Company hierarchySubsidiaries1 record
Accretive funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Accretive M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Accretive
What does Accretive do?
Accretive provides factoring (early payment) services and business process outsourcing (BPO) for two main customer segments in Japan: medical and nursing care providers, and general corporate clients. Core offerings include medical/nursing insurance claims factoring (FPS Medical), accounts receivable early payment (FPS), receipt (resepction) diagnostic services, and full-scale accounting and medical BPO services delivered from domestic and Cambodia-based operations.
Is Accretive a public or private company?
Accretive is a private company. It is classified as corporate owned and is currently operating.
When was Accretive founded?
Accretive was founded in 1999. It employs 101 to 250 people.
Where is Accretive based?
Accretive is headquartered in Tokyo, Japan, in the Asia region.
How does Accretive make money?
Four revenue lines are on record. FPS - Accounts Receivable Early Payment (Factoring) is the primary driver. The others are medical/Nursing Care Factoring (FPS Medical), BPO Services - Accounting Process Outsourcing and medical BPO - Reseption Optimization.
Who are Accretive's main competitors?
Broad incumbents on record are ORIX Corporation, NTT Finance Corporation, Mizuho Leasing Company, Limited, transcosmos inc., Mitsubishi HC Capital Inc., Adecco Group Japan (Adecco Ltd.), SMBC Finance Service Co., Ltd. and Bell System24 Holdings, Inc.. Genpact Limited is listed as an emerging player. Intrust Inc. is listed as a direct peer.
Does Accretive have an API?
No public API is recorded for Accretive.
What industry is Accretive in?
Accretive's product category is Factoring & Business Process Outsourcing. Its primary akta.pro industry code is BPAAAGAK, Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff), with a secondary code of BPAAAAAF, Billing, Payments & Account Administration Centers. Its NAICS code is 5223 and its SIC code is 8700.