JCB, Mitsubishi Corporation, and Fullerton Health Enter into a Strategic Partnership in the ASEAN Region

JCB Co., Ltd. (Headquarters: Minato-ku, Tokyo; Chairman and CEO: Takayoshi Futae), the operator of Japan's only international payment brand, through its international operations subsidiary JCB International Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and COO: Katsunori Hikawa) (collectively "JCB"), along with Mitsubishi Corporation (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Katsuya Nakanishi) and Fullerton Health Pte. Ltd. (Headquarters: Singapore; Group CEO: Ho Kuen Loon), have entered into a strategic partnership. The goal is to create new value that supports the daily lives, business, and health of customers across the ASEAN region.

Background of the Partnership

JCB has been expanding its local cardholder base in ASEAN countries such as Thailand, Vietnam, Indonesia, and the Philippines through partnerships with local financial institutions, with a particular focus on the affluent segment.

Mitsubishi Corporation invested in Fullerton Health in August 2025, leveraging its business expertise in the healthcare sector, global network, and comprehensive capabilities including DX promotion, to improve the quality of medical care and optimize medical costs in Southeast Asia. Fullerton Health is a leading company in the managed care industry in the ASEAN region, which continues to grow against the backdrop of a expanding healthcare market and the need for corporations and private medical insurance companies to control medical costs. It operates in nine countries, primarily in Southeast Asia.

This strategic partnership was realized as the goals of JCB—aiming to differentiate its brand services and expand its cardholder base in the ASEAN region—aligned with those of Mitsubishi Corporation and Fullerton Health, who seek to strengthen their customer base in the same region.

Key Areas of Collaboration

1. Realization of high-value healthcare services for individual customers by leveraging each company's strengths.

By combining JCB's affluent customer base in the ASEAN region with the managed care and healthcare expertise and services of Fullerton Health (in which Mitsubishi Corporation has invested), the companies will consider the following collaborative initiatives to accelerate the deployment of high-value medical services in the ASEAN region and provide enhanced services to JCB members:

(a) Joint marketing and campaigns

(b) Events for the wealth segment

(c) Privilege programs

(d) Medical support/emergency medical evacuation support

2. Consideration of creating new value for corporate customers.

JCB, Mitsubishi Corporation, and Fullerton Health will proceed with discussions on creating and deploying corporate healthcare services to support employee health management and maintenance for companies in the ASEAN region that have introduced JCB corporate cards.

(e) Corporate card × Health check-up packages

(f) Deployment of services such as employee welfare programs and medical support for expatriates

Through these partnerships, the companies aim to support the expansion of Mitsubishi Corporation and Fullerton Health's healthcare businesses in the ASEAN region, while for JCB, it represents a move beyond mere payment convenience to providing comprehensive value to customers in the region.