Specialty Financing

We acquired shares of Jetstar Japan Co., Ltd., a low-cost carrier of the Australian Qantas Group, as our first step toward meeting financial and asset management outsourcing needs in the aircraft sector by leveraging financing expertise, including aircraft leasing.

Nittochi Asset Management Co., Ltd. (currently Chuo-Nittochi Asset Management Co., Ltd.), which engages in the formation and management of real estate funds, became an equity-method affiliate. We strived to achieve further growth by combining our diverse real estate holdings with Nittochi Asset Management’s substantial real estate asset management capabilities.

We launched our first hotel development project, the ANA InterContinental Beppu Resort & Spa in the Myoban district of Beppu City, Oita Prefecture. The purpose of this project was to introduce InterContinental, one of the world’s leading hotel brands, to the region and contribute to the revitalization of Beppu City. The hotel opened in 2019.

Aviation Capital Group LLC, a leading U.S. aircraft leasing company that leases mainly narrow-body, single-aisle aircraft to more than 90 airlines in over 45 countries around the world, became our equity-method affiliate. This enabled us to provide a wider range of aircraft-related services in the aviation business, which is expected to experience long-term growth.

We acquired 70% of the shares of Shinko Real Estate Co., Ltd. (currently TC Kobelco Real Estate Co., Ltd.), a real estate subsidiary of Kobe Steel, Ltd., and consolidated it into the Tokyo Century Group. The functions and platform of Shinko Real Estate as a comprehensive real estate company provided the foundation for further increasing business opportunities and diversifying exit strategies in the real estate sector.

We acquired equity interest in Aviation Capital Group LLC to make it a wholly owned subsidiary, with the intention of strengthening the aircraft operating lease business and boosting Tokyo Century’s presence in the aircraft market.

TOKYO TORCH, a new district in Tokiwabashi, Tokyo is being developed by Tokyo Century in cooperation with Mitsubishi Estate Co., Ltd. Through a newly established special purpose company, we decided to jointly acquire a super luxury hotel and a 2,000-seat large hall in Torch Tower, which will be the tallest building in Japan. The hotel is scheduled to open in fiscal 2028.

Together with the investment company Advantage Partners Inc. and Euglena Co., Ltd., which is engaged in sales and research and development of products utilizing green beetles, we jointly acquired shares of Q’sai Co., Ltd., a food processing company known for its green juice. The three companies leveraged their respective strengths to further enhance Qsai’s corporate value.

We opened Hotel Indigo Karuizawa in collaboration with InterContinental Hotels Group PLC, which develops hotel brands worldwide. This promising initiative took shape as Tokyo Century’s first hotel management project.