Industrial Bank of Japan
Following the collapse of Japanese asset price bubble in 1990s, Saison Group fell into financial difficulties. The group's longtime president Seiji Tsutsumi was expelled from management in 1991. The group's creditors including Dai-Ichi Kangyo Bank and Industrial Bank of Japan (now part of Mizuho Financial) pressed the group to restructure its business. Credit Saison parted from other retailers of Saison Group, and formed an alliance with Mizuho in early 2000s.