Aircraft Operating Leasing and Aircraft Ownership-Based Business
First written in FY2016. 17 of 23 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the aircraft business, we focused on aircraft leasing through Aircastle Limited, an equity-method affiliate of the Company and a jointly invested company with Marubeni Corporation, and performance grew significantly. For Japanese investors, we established a platform enabling aircraft engines, in addition to aircraft and vessels, to be offered as investment products.」
The Company continued its aircraft leasing business through Aircastle and established a structure for offering aircraft engines as investment products in addition to aircraft and marine vessels. - 2026-05-14AdvancedRevision of earnings forecasts
「In the aircraft business, we focused on aircraft leasing through Aircastle Limited, an equity-method affiliate of the Company and a jointly invested company with Marubeni Corporation, and performance grew significantly. For Japanese investors, we established a platform enabling aircraft engines, in addition to aircraft and vessels, to be offered as investment products.」
The disclosure described strong growth in aircraft leasing through Aircastle and the establishment of a platform for offering investment products including aircraft engines. - FY2026-H1Sale and removal from consolidation of an aircraft-related subsidiaryAnnual report
「Purple Sunbird Leasing Limited was removed from the scope of consolidation for the current interim consolidated accounting period following the sale of its shares.」
The removal from consolidation of Purple Sunbird Leasing Limited following the sale of its shares was disclosed in the history of the aircraft-related business. No full withdrawal from the business or change in policy was disclosed. - FY2024AdvancedAnnual report
「The Company also advanced collaboration with its alliance partner. The Company and Marubeni Corporation entered into related agreements to jointly underwrite a capital increase by Aircastle Limited, a US aircraft leasing company and an equity-method affiliate of both companies. Aircastle Limited will contribute to the sustainable growth of the aviation industry by providing financial support to airlines, including through the lease of aircraft with a lower environmental impact.」
The Company entered into an agreement with Marubeni Corporation to jointly underwrite a capital increase by Aircastle Limited, and also disclosed support for the aviation industry through the provision of aircraft with a lower environmental impact. - FY2024-Q2AdvancedAnnual report
「Finance contract volume decreased 9.6% to ¥341,191 million, as the decline in supply-chain finance transactions and other areas outweighed growth in real estate, marine vessel and aircraft finance.」
The increase in aircraft finance was cited as a component of finance contract volume. - FY2024-Q1AdvancedAnnual report
「Finance contract volume increased 8.8% to ¥170,242 million, driven by growth in aircraft and real estate finance.」
The increase in aircraft finance was cited as a factor behind the growth in finance contract volume, indicating progress in the performance of the aircraft-related business. - FY2023-Q3AdvancedAnnual report
「Purple Sunbird Leasing Limited has also been included in the scope of consolidation from the third quarter of the current fiscal year.」
Purple Sunbird Leasing Limited was added to the scope of consolidation from the third quarter, expanding the business platform related to aircraft leasing. - FY2023-Q1AdvancedAnnual report
「MLC AIRCRAFT LEASING LLC has been included in the scope of consolidation from the first quarter of the current fiscal year.」
The newly established aircraft leasing company MLC AIRCRAFT LEASING LLC was included in the scope of consolidation from the first quarter, expanding the corporate platform for the aircraft-related business. - FY2022-Q3Decline in aircraft-related revenue and recognition of provisionsAnnual report
「Gross profit increased 5.1% to ¥38,752 million, as the decline in funding costs resulting from the accumulation of finance assets and lower foreign-currency funding rates outweighed the decrease in aircraft-related revenue. Operating profit decreased 0.3% to ¥17,745 million due to the recognition of provisions and other items related to the aircraft business.」
The decline in aircraft-related revenue and the recognition of provisions and other items were cited as factors behind the decrease in operating profit, indicating a change in the profitability of the aircraft business. - FY2021SoftenedAnnual report
「In the aircraft business, as global demand for aircraft declined sharply, the Company curtailed new initiatives such as aircraft-secured lending and aircraft ownership in fiscal 2020. As a result, the balance of operating assets decreased 15.4% from the end of the previous fiscal year to ¥99.4 billion.」
In response to the decline in aircraft demand, the Company curtailed new aircraft-secured lending and aircraft ownership initiatives, resulting in a decrease in operating assets. - FY2020AchievedAnnual report
「Under the agreement, the Group acquired a 25% interest in Aircastle on 27 March 2020, making it an affiliate accounted for under the equity method.」
The acquisition of a 25% interest under the agreement with Aircastle was completed on 27 March 2020, securing an aircraft leasing platform. - FY2020-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 November 2019, the Company resolved to jointly acquire all shares of AIRCASTLE LIMITED, which operates an aircraft leasing business globally, with Marubeni Corporation, and entered into an agreement with Aircastle. Through the transaction, Aircastle is expected to become an affiliate of an equity-method affiliate of the Company. The transaction is subject to approval at Aircastle’s general meeting of shareholders and authorisation and approval from the relevant authorities, and the Company expects to promptly proceed with the necessary procedures and complete the transaction by the end of June 2020.」
The Company entered into an agreement to jointly acquire all shares of Aircastle with Marubeni Corporation and advanced to the stage of expecting to complete the procedures by the end of June 2020. - FY2020-Q2RestatedAnnual report
「Contract volume for leasing and installment sales increased 20.1% year on year to ¥324,219 million, owing to the capture of large projects involving industrial and machine tools, broad capital investment needs for information and communications equipment, and the execution of aircraft operating lease transactions.」
The execution of aircraft operating lease transactions continues to be cited as a factor behind the increase in contract volume. No additional milestones, such as an increase in the number of aircraft, were disclosed. - FY2020-Q1AdvancedAnnual report
「Contract volume for leasing and installment sales increased 47.1% year on year to ¥182,256 million, owing to the capture of large projects involving industrial and machine tools, broad capital investment needs for information and communications equipment, and the steady execution of aircraft operating leases.」
The steady execution of aircraft operating leases was cited as one factor behind the increase in lease and instalment-finance contract volume. - FY2019AdvancedAnnual report
「In the aircraft business, the Company pursued both aircraft- and engine-secured lending and aircraft operating leases. In its aircraft operating lease business, in addition to operations through a subsidiary established as a joint venture with Aircastle, it began operating aircraft itself using expertise acquired by the subsidiary.」
The Company advanced aircraft-secured lending and operating leases in parallel and began operating aircraft itself using expertise acquired by its subsidiary. - FY2019-Q3AdvancedAnnual report
「IBJL Aircraft Lotus Co., Limited and IBJL Aircraft Rafflesia Co., Limited were included in the scope of consolidation for the first quarter of the current fiscal year following their establishment. Aircraft MSN 33212 LLC was included in the scope of consolidation for the third quarter of the current fiscal year following its establishment.」
The 3 newly established companies in the aircraft-related business were included in the scope of consolidation, further expanding the corporate platform for the aircraft ownership business. - FY2019-Q1AdvancedAnnual report
「IBJL Aircraft Lotus Co., Limited and IBJL Aircraft Rafflesia Co., Limited have been included in the scope of consolidation from the first quarter of the current fiscal year.」
The 2 newly established aircraft-related companies were included in the scope of consolidation from the first quarter, further expanding the corporate and business platform for the aircraft business. - FY2018AdvancedAnnual report
「In the aircraft business, the Company is applying its accumulated expertise to aircraft-secured lending and steadily increasing its balance of operating assets.」
The Company expanded its accumulated expertise from aircraft operating leases into aircraft-secured lending and increased its aircraft-related operating assets. - FY2017AdvancedAnnual report
「In the aircraft-related business, which it has designated as a focus area, the Company executed 4 operating leases through its aircraft operating lease subsidiary established as a joint venture with Aircastle, a major US aircraft leasing company. In addition to financing aircraft and engines, the Company expanded its business scope by launching an aircraft ownership business.」
The Company executed 4 aircraft operating leases and advanced to the stage of actually developing its aircraft ownership business. - FY2017-Q3AdvancedAnnual report
「Aircraft MSN 7160 LLC and IBJ Air Funding (US) LLC were included in the scope of consolidation, and from the third quarter of the current fiscal year Aircraft MSN 7160 LLC and IBJ Air Funding (US) LLC were included in the scope of consolidation.」
As the aircraft operating lease business entered full-scale operations, Aircraft MSN 7160 LLC and IBJ Air Funding (US) LLC were also added to the scope of consolidation in the third quarter. - FY2017-Q2AdvancedAnnual report
「As the aircraft operating lease business of the Group entered full-scale operations, the Company included IBJ Air Funding Limited and Aircraft MSN 4126 LLC in the scope of consolidation from the first quarter, and IBJ Air Leasing (US) Corp., Aircraft MSN 32457 LLC, Aircraft MSN 2472 LLC and IBJ Air Leasing (Ireland) 1 Limited from the second quarter.」
As the aircraft operating lease business entered full-scale operations, US and Irish affiliates and aircraft-owning companies were newly added to the scope of consolidation in the second quarter. - FY2017-Q1AdvancedAnnual report
「As the aircraft operating lease business entered full-scale operations, the Company included IBJ Air Funding Limited and Aircraft MSN 4126 LLC as consolidated subsidiaries from the first quarter of the current fiscal year.」
As the aircraft operating lease business entered full-scale operations, the Company advanced to the stage of consolidating 2 related companies as subsidiaries. - FY2016First statedAnnual report
「In the aircraft-related business, which it has designated as a focus area, the Company established IBJ Air Leasing Limited, a company specialising in aircraft operating leases, as a joint venture with Aircastle, a major US aircraft leasing company. In addition to financing aircraft and engines, the Company aims to further strengthen its business platform by launching an aircraft ownership business.」
The establishment of the joint venture was described as completed, while the launch of the aircraft ownership business was presented as a future objective.