In addition to aircraft leasing through Aircastle, a joint venture with Marubeni Corporation, we provide aircraft-backed loans and a range of other aircraft-related financial services. In the maritime segment, we offer ship-backed loans and co-invest- ment services in conjunction with shipping companies. In addi- tion to these financing services, we offer a range of investment products for Japanese investors, such as Japanese operating leases (JOL) and Japanese operating leases with call options (JOLCO) for air and shipping assets.

Strengths

  • Partnerships and expertise-sharing with partners including the Mizuho Group and Marubeni Corporation
  • Access to the business platform of Aircastle, a joint venture with Marubeni Corporation
  • Ability to structure and distribute products that facilitate customers' access to and use of funds based on our knowledge and experience in the aviation and maritime shipping

Medium-term strategic measures

Emphasis on implementation of three initiatives

  • Expansion of aircraft-related financial services (e.g., operating leases, JOL/JOLCO) through collaboration with Marubeni Corporation
  • Strengthening our development and marketing of products in segments where we have less track record, such as LNG tankers
  • Development of asset-risk taking ability in the aviation and maritime shipping sectors

The key points of the strategic focus are as follows.

  • Approach to aircraft operating leases
    -In 2023, we made additional capital contribution to Aircastle via which it will respond to burgeoning demand for aircraft leasing.
  • Product development (e.g., JOLCO)
    -We are strengthening our coverage of Japanese investors to understand their investment needs and focusing on developing products such as JOLCO.
  • Developing asset risk management solutions, with a focus on the aviation and maritime shipping sectors
    -We are working to shift our business focus from credit risk to asset risk.

To realize the above measures while providing value to our customers and improving our cor- porate value, we are closing the gap between the current and target states as explained below.

  • In addition to increasing our divisional sales staff, we will strengthen the development and sales system for JOL-related products through collaboration within the headquarters.
  • Strengthening investor coverage through collaboration with the Mizuho Group
  • Further collaboration with Marubeni Corporation to expand the Japanese operating lease products
  • Enhancing the people base with the sector knowledge and supporting junior employees in acquiring specialized knowledge

Transportation Headquarters Business Domain