Responding to Diversifying Automobile Needs with Unparalleled Service Quality and Networking Capability
Our Automobility segment manages an industry-leading number of vehicles and boasts a diverse collaborative network. We provide optimal services for customer objectives by addressing vehicle-related issues such as management, cost reduction, safe driving measures.
2013–2015Business Development
Providing a Full Range of Comprehensive Auto Services for Both Corporate and Individual Customers
We began expanding our auto business in earnest. In 2013, we broadened our lineup of auto services for both corporate and individual customers by converting Nippon Car Solutions Co., Ltd., an auto leasing company, and Nippon Rent-A-Car Service, Inc., a car rental service provider, into consolidated subsidiaries to accumulate expertise and establish automobility business models.
2013
Jun.
Converted Nippon Rent-A-Car Service, Inc. into an Equity-Method Affiliate
Oct.
Converted Nippon Car Solutions Co., Ltd. into a Consolidated Subsidiary
Nippon Car Solutions Co., Ltd. merged with Tokyo Auto Leasing Co., Ltd. and became a consolidated subsidiary of Tokyo Century. This enabled us to provide a total car service by fully applying the management resources of the two companies.
2016–2018Leap Forward
Steady Growth as a Promising Business
As new lifestyles and values, such as the sharing economy, became widespread, the value of automobiles shifted from ownership to shared usage and car sharing became popular. This generated a tailwind for the car rental business, and the entire Automobility segment steadily expanded.
2017
Dec.
Nippon Car Solutions Co., Ltd. decided to acquire shares of Tokyo Gas Auto Service Co., Ltd., a wholly owned subsidiary of Tokyo Gas Co., Ltd.
2018
Jan.
Abolished Nippon Rent-A-Car franchise system and shifted it to a directly managed system.
2019–2022Co-Creation
Also Provided Value in New Mobility Services Such as EVs
We focused on providing new mobility services that accurately meet customer needs based on the key concepts of digital technologies, mobility, and EVs. We developed services that responded to the spread of new mobility services, including EVs and connected vehicles, and diversifying mobility demand, and worked to create new mobility services that utilize digital technologies.
2021
Mar.
Nippon Car Solutions Performed Well Despite the COVID-19 Pandemic
Nippon Car Solutions achieved significant growth in ordinary income. Leasing revenues increased, and the company was able to flexibly sell off vehicles with expired leases without missing the timing of the soaring prices in the used car market. As a result, and despite the severe business environment imposed by the COVID-19 pandemic, it was able to perform well.
2022
Feb.
Signed a Capital and Business Alliance Agreement with MIRAI-LABO Co., Ltd., which Possesses EV Battery Diagnosis and Evaluation and Reuse Technologies
As the popularity of electric vehicles (EVs) increased, we acted to expand our EV leasing and rental business by entering into a capital and business alliance with MIRAI-LABO Co., Ltd., which develops EV battery diagnosis and evaluation and reuse businesses. While strengthening the EV leasing and rental business, we also strived to realize environmentally sound mobility services.
Jul.
Formed a business alliance with Yanekara Inc., a startup company involved in EV charge/discharge management systems, etc.
Nov.
Tokyo Century, Daiwa House Industry Co., Ltd., and Nippon Car Solutions Co., Ltd. introduced EV buses to multi-tenant logistics facility DPL Sakado I.
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Equipment Leasing
Providing a variety of leasing solutions for all types of customers
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Automobility
Utilizing unparalleled service quality and networking capability to respond to diversifying automobile needs
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Specialty Financing
Providing unique services with advanced expertise as a strength
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International Business
Driving the digital and mobility revolutions by leveraging alliance strategies with global prime companies
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Environmental Infrastructure
Offering environment-related services that contribute to the realization of a decarbonized society
