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Tokyo Century (8439) · InitiativeFirst stated

25% Investment in T-Gaia Leasing and Capital and Business Alliance

First written in FY2023. . Latest entry: FY2023.

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Strengthening the leasing business through an investment in and capital and business alliance with Tobigin LeaseA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2023First statedAnnual report

    「The Company entered into a capital and business alliance agreement with 東銀リース株式会社, a leasing company affiliated with Mitsubishi UFJ Financial Group, Inc., and subscribed, together with MUFG Bank, Ltd. and The Norinchukin Bank, to a third-party allotment of shares by 東銀リース. The Company’s investment ratio became 25.0%, making 東銀リース an equity-method affiliate.」

    Through its 25% investment in 東銀リース, the Company aims to leverage management resources, including those of MUFG Bank and The Norinchukin Bank, and accelerate responses to customer and social issues.
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25% Investment in T-Gaia Leasing and Capital and Business Alliance | Tokyo Century Corporation (8439) | Komori