About UsHistory
| Corporate History of Tokyo Century Corporation | ||
|---|---|---|
| 2009 | April | Century Tokyo Leasing Corporation was established April, 2009, through a merger between Century Leasing System, Inc. and Tokyo Leasing Co., Ltd. |
| October | TLC Business Service Co., Ltd. unified business processing service sections of Century Business Service, Inc. and company name changed to TC Business Service Co., Ltd. | |
| 2010 | January | Century Tokyo Leasing China Corporation (currently Tokyo Century Leasing China Corporation) was established, through a merger between Tozui Corporation and Century Leasing (China) Co., Ltd. |
| April | TC Agency Corporation was established, through a merger between Tokyo Lease Kanzai K.K. and Century Business Service, Inc. Established TC Business Experts Corporation. |
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| July | Acquired 66.5% of the shares of IHI Finance Support Corporation. | |
| 2011 | February | Established PT. Century Tokyo Leasing Indonesia as a subsidiary in Indonesia. |
| March | Acquired additional shares of Nippon Rent-A-Car Service,Inc. making it a corporate affiliate based on the equity method. (consolidated in June 2013) | |
| October | Established TC Property Solutions Corporation. | |
| 2012 | March | Acquired 16.7% of the shares of Jetstar Japan Co., Ltd. |
| August | Established Kyocera TCL Solar LLC. with Kyocera Corporation as a joint venture. | |
| September | Started leasing business in India through a business alliance with the Tata Group. | |
| December | Acquired the shares of GA Telesis, LLC making it a corporate affiliate based on the equity method. | |
| 2013 | June | Established Century Tokyo Factoring China Corporation (currently Tokyo Century Factoring China Corporation) in Shanghai. |
| October | Merger between Tokyo Auto Leasing Co., Ltd. and Nippon Car Solutions Co., Ltd. Established TC Aviation Capital Ireland Ltd. as a subsidiary in Ireland. |
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| November |
Established TC Aviation Capital UK Ltd. as a subsidiary in U.K. |
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| 2014 | April | President Tokyo Corporation, an equity-method affiliate established an automobile financing company, Tong-Sheng Finance Leasing Co., Ltd. in Suzhou, China. |
| May | Consolidated TISCO Tokyo Leasing Co., Ltd. a local subsidiary in Thailand which used to be an equity-method affiliate. | |
| October | Established TC-CIT Aviation Ireland Ltd.(currently TC Skyward Aviation Ireland Ltd. ) and TC-CIT Aviation U.S., Inc. (currently TC Skyward Aviation U.S., Inc.) | |
| December | Acquired the shares of BPI Century Tokyo Lease & Finance Corporation (former BPI Leasing Corporation) from Bank of the Philippine Islands, one of the Philippines’ largest financial institutions, making it a corporate affiliate based on the equity method. | |
| 2015 | February | Acquired the shares of Suzhou New District Furui Leasing Co., Ltd. a New Leasing Company established by Suzhou New District Hi-Tech Industrial Co., Ltd. (Government-affiliated Company in China), making it a corporate affiliate based on the equity method. |
| March |
Acquired the shares of CSI Leasing, Inc. making it a corporate affiliate based on the equity method. (consolidated in June 2016) Acquired shares owned by the Hitachi Construction Machinery Group, entering into the vendor financing venture for construction machinery. |
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| April | Established Orico Business Leasing Co., Ltd. with Orient Corporation as a joint venture | |
| 2016 | June | Acquired the shares of Nittochi Asset Management Co., Ltd.(currently Chuo-Nittochi Asset Management Co., Ltd.), making it a corporate affiliate based on the equity method. |
| October | Change our corporate name to Tokyo Century Corporation. | |
| 2017 | March |
Acquired additional shares in TC-CIT Aviation Ireland Limited (currently, TC Skyward Aviation Ireland Ltd.) and TC-CIT Aviation U.S., Inc. (currently, TC Skyward Aviation U.S., Inc.), and made the both companies wholly owned subsidiaries. Established Dalian Bingshan Group Hua Hui Da Financial Leasing Co., Ltd., a joint venture along with Dalian Bingshan Group Co., Ltd., the largest refrigeration and air-conditioning equipment manufacturer in China. |
| December | Acquired interest in Aviation Capital Group LLC, a U.S.-based commercial aircraft lessor, and made it to an equity-method affiliate.(consolidated in December 2019) | |
| 2018 | July | Acquired 70% of shares in Shinko Real Estate Co., Ltd., a subsidiary of Kobe Steel, being engaged in the real estate business, and made it to a consolidated subsidiary. |
| October | Acquired additional shares of Bplats, Inc., and made it an equity-method affiliate. | |
| 2019 | March | Acquired 60% of shares in Amada Lease Co., Ltd., a lease company of Amada Holdings Co., Ltd. (currently Amada Co., Ltd.) and converted it into a consolidated subsidiary |
| April | Acquired 20% of ordinary shares in Yoma Fleet Ltd., an auto leasing and car sharing company under SPA Group, a leading conglomerate in Myanmar and converted it into an equity-method affiliate | |
| June | Acquired 50% shares in ITOCHU Construction Machinery Co., Ltd. (currently ITOCHU TC Construction Machinery Co., Ltd.), a subsidiary of ITOCHU Corporation and converted it into an equity-method affiliate | |
| December | TCUSA, Tokyo Century’s local subsidiary in the U.S, acquired 100% of issued shares in AP Equipment Financing Inc., a U.S. independent leasing and financing company with a focus on work trucks and vans and arbor equipment and vehicles, and made it to a wholly owned subsidiary | |
| 2020 | February | Concluded a capital and business alliance agreement with Nippon Telegraph and Telephone Corporation (NTT) Implemented a third-party allotment of shares to NTT and ITOCHU Corporation as subscribers |
| July | NTT TC Leasing Co., Ltd., a JV established with the NTT Group, started its operation. The JV deals with businesses originally spun off from the leasing and global businesses of NTT Finance Corporation Acquired 14.9% of outstanding ordinary interest in the shareholding company of the Advantage Partners Group |
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| Former Century Leasing System, Inc. | Former Tokyo Leasing Co., Ltd. | ||||
|---|---|---|---|---|---|
| 1964 | August | Jointly established by Nippon Kangyo Bank, Ltd. (currently Mizuho Bank, Ltd.), Kangin Tochi-Tatemono Co., Ltd (currently Chuo-Nittochi Co., Ltd.), and Nanoh Co., Ltd. (currently Nissin Tatemono Co., Ltd.), with a capitalization of 1 million yen. | |||
| 1969 | July | Jointly established by ITOCHU Corporation, Daiichi Bank, Ltd. (currently Mizuho Bank, Ltd.), Nippon Life Insurance Company, and Asahi Mutual Life Insurance Company, with a capitalization of 500 million yen. | February | Opened Osaka Sales Office, followed by the opening of branch and sales offices in major cities. | |
| August | Opened Osaka Sales Office, followed by the opening of branch and sales offices in major cities. | ||||
| 1972 | April | Established Tokyo Lease Kanzai K.K. (currently TC Agency Corporation) | |||
| 1979 | March | Established Tokyo Auto Leasing Co., Ltd. (currently Nippon Car Solutions Co., Ltd.) | |||
| May | Established Tokyo Leasing (Singapore) Pte. Ltd.(currently Tokyo Century Leasing (Singapore) Pte. Ltd.) as a subsidiary in Singapore. | ||||
| 1983 | May | Established Tokyo Leasing (UK) PLC as a subsidiary in London, U.K. | |||
| 1985 | April | Established Century Auto Leasing Co., Ltd. | December | Established Tokyo Leasing (U.S.A.) Inc.(currently Tokyo Century (USA) Inc.) as a subsidiary in Connecticut, U.S.A. (relocated to New York in 1994). | |
| 1990 | February | Listed shares on the Second Section of the Tokyo Stock Exchange. | |||
| 1991 | January |
Established Century Agency, Inc. (currently TC Agency Corporation) (company name changed to Century Business Service, Inc. in April 2003). |
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| 1997 | November | Jointly established President Tokyo Corporation in Taiwan. | |||
| 2000 | March |
Acquired Asahi Auto Lease Co., Ltd. (merged with Century Auto Leasing Co., Ltd., currently Nippon Car Solutions, Co., Ltd., in October 2000). Nippon Car Solutions, Co., Ltd., in October 2000). |
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| November | Launched “Century Net” Web-based lease management system. (currently “LINCS”) | ||||
| 2001 | May | Obtained ISO14001 certification, international standard for environmental management systems. | |||
| 2002 | September | Listed shares on the First Section of the Tokyo Stock Exchange. | |||
| October | Merged with Kawasaki Enterprises, Inc. | ||||
| 2003 | September | Listed shares on the Second Section of the Tokyo Stock Exchange. | |||
| 2004 | September | Listed shares on the First Section of the Tokyo Stock Exchange. | June | Established TLC Business Service Co., Ltd.(currently TC Business Service Co., Ltd.) | |
| July | Tokyo Auto Leasing Co., Ltd.(currently Nippon Car Solutions Co., Ltd.) merged with Sankyo Trading Co., Ltd. | ||||
| 2005 | March | Obtained BS7799-2 British standard certification for Information Security Management Systems (ISMS) and Japanese standard ISMS Certification Criteria Ver. 2.0. （shifted to ISO/IEC27001 international standard for ISMS in March, 2006.） | February | Obtained BS7799-2 British standard certification for Information Security Management Systems (ISMS) and Japanese standard ISMS Certification Criteria Ver. 2.0. （shifted to ISO/IEC27001 international standard for ISMS in May, 2007.） | |
| October | Established Nippon Car Solutions Co., Ltd. through an equal merger between Century Auto Leasing Co., Ltd. and NTT Auto Leasing Co., Ltd. | ||||
| 2006 | March | Obtained ISO/14001 certification, international standard for environmental management systems. | July | Established Tozui Corporation(currently Tokyo Century Leasing China Corporation) as a subsidiary in Shanghai, China. | |
| October | Established Century Leasing (China) Co., Ltd. (currently Tokyo Century Leasing China Corporation) as a subsidiary in Shanghai, China. | ||||
| 2007 | June | Established TLC Capital (Malaysia) Sdn. Bhd.(currently Tokyo Century Capital (Malaysia) Sdn. Bhd.) as a subsidiary in Malaysia. | |||
| 2008 | January | Acquired 90% of the shares of Shiseido Lease Co., Ltd. (currently S.D.L Co., Ltd.). | |||
| March | Jointly established Orico Auto Leasing Co., Ltd. with Orient Corporation. | ||||
| July | Acquired additional shares of Mizuho Corporate Leasing (Thailand) Co., Ltd. (currently TISCO Tokyo Leasing Co., Ltd.) in Thailand, making it a corporate affiliate based on the equity method (consolidated in May 2014). | ||||
| Acquired additional shares of Fujitsu Leasing Co., Ltd., making it a consolidated subsidiary. | |||||
| September | Nippon Car Solutions Co., Ltd. acquired all shares of Showa Auto Rental & Leasing Co., Ltd. | ||||
