Equipment Leasing
Accelerating Efforts to Increase Value in the Leasing Business and Expand Partnerships
Utilizing Digital Transformation
We provide financial services that match a wide variety of assets through our broad customer base.
Equipment Leasing
Establishing a solid business foundation for Tokyo Century
- Segment Assets
- ¥ 1,273.5 billion
- Distribution of Segment Assets
- 22.3 %
- Net Income
- ¥ 24.2 billion
*As of March 31, 2024
Strengths
The Equipment Leasing segment boasts a broad customer base and responds to the diversifying and changing needs of customers with its evolving “Finance × Service × Business” model.
Another strength is our culture of boldly taking on challenges in new business areas.
Opportunities
- Expansion of businesses in new fields by enhancing relationships with prime partners
- Rising demand for environmental value driving growth in decarbonization-related businesses
- Growth of next-generation financial services that merge subscription and other digital transformation services with leasing and finance businesses
Risks
- Business risks associated with expansion into new business fields extending beyond boundaries of finance
- Governance risks arising in conjunction with growth of Group companies
- Geopolitical risks and other operating environment changes
- Managing Executive Officer,
- President, Equipment Leasing Business Development Unit
Koichiro Sato
Expanding Co-Creative Businesses with Partners by Increasing Value in the Leasing Business and Promoting Group Integrated Management
Lease transaction volume in Japan on a calendar year basis increased by 7.5%* year on year, and domestic capital investment as a whole has been gradually recovering to pre-pandemic levels. Nevertheless, the business outlook remains uncertain after Russia’s invasion of Ukraine and the associated surge in international commodity prices, as well as the rapid pace of inflation worldwide, particularly in Europe and the United States, and rising interest rates in Japan.
Accelerating Efforts in Strategic Growth Areas
Our Medium-Term Management Plan 2027 identified growth markets and areas with high potential for collaboration with prime partners as strategic growth areas, and we have been concentrating our marketing resources and accumulating knowledge to open up new areas of strength for the Equipment Leasing segment.
In fiscal 2023, we focused on creating new businesses in strategic growth areas, including our decision to participate in the grid storage battery and onshore wind power generation businesses in collaboration with ITOCHU Corporation and other partners.
Major Offerings
Leasing, Installment Sales, and Other Financial Services
We offer financial services for information and communication equipment, office equipment, factory equipment, construction machinery, and other commercial equipment.
Related Services
Co-Creative Businesses
Environment and energy businesses with prime partners and building a cooperative framework in the digital technology field.
IT Solutions and Subscription Services
For manufacturers, distributors, and others considering a shift from a sell-off model to a subscription model, we offer TCplats*as a proprietary subscription integration platform, and we also provide subscriptions for various IoT solutions.
- *OEM supply of Bplats®, a platform developed and operated by our equity method affiliate, Bplats, Inc.
Key Figures
Number of Customers
More than 20,000 companies
Pre-Owned Personal Computers Sold
Approx. 350,000 units
Launch of Secondhand Smartphone and Tablet Rental Service for Corporate Users with ITOCHU
In cooperation with the wholly owned ITOCHU Corporation subsidiary Belong Inc., Tokyo Century operates Belong One, a service for corporate users requiring rental of secondhand smartphones and tablets.
Belong One was launched in response to growing demand from corporations for these devices. The service increases the reuse of smartphones and tablets, as they can be maintained and reused after the end of their rental service life. As a result, this initiative contributes to the realization of circular economies.
