Fuyo General Lease

Basic Information

Stock Code
8424
Industry
Other Financial Services
Category Detail
Leasing & Rental
Prefecture
Tokyo
Establishment Year
May 1969
Listing Year
December 2004
Official Website
https://www.fgl.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
NEXYZ.Grp, Japan Investment Adviser, Mizuho Leasing, Tokyo Century, Ricoh Leasing, ORIX, Mitsubishi HC Capital, Nakamichi Lease, NEC Capital Solutions

Overview

Fuyo General Lease, established in 1969, is a comprehensive leasing company affiliated with Mizuho FG, offering a diverse range of leasing products and a strong real estate leasing business, making it one of Japan's leading leasing firms.

Current Situation

Fuyo General Lease achieved consolidated sales of approximately 688.6 billion yen and net profit of approximately 38.9 billion yen in the fiscal year ended March 2023, maintaining a stable financial base. Centered on leasing for a wide variety of equipment, it covers everything from auto leases to industrial machinery, medical equipment, and construction machinery. In addition, it provides real estate leasing, finance leases, and BPO services, successfully diversifying its business. Through close collaboration with Mizuho Financial Group, it has built a reliable financial foundation. In recent years, it has accelerated its entry into the logistics business and expanded into overseas markets. It also emphasizes sustainability, promoting environmental management including ISO 14001 certification. It offers consulting tailored to customer needs and insurance solicitation services, and has outlined a strategy to maintain and strengthen its competitive edge in the comprehensive leasing industry toward 2030. It consolidates multiple subsidiaries, focusing on active investments in growth areas and innovation.

Trivia

Interesting Facts

  • Core leasing company of the former Fuji Bank Fuyo Group
  • Operates one of Japan's largest real estate leasing businesses
  • Possesses a diverse lineup of distinctive leasing products
  • Emphasizes environmental management with ISO 14001 certification
  • Close collaboration with Mizuho Financial Group
  • Actively investing in logistics sector and expanding overseas
  • Practices diversified management through numerous subsidiaries
  • Aims to accelerate growth centered on sustainability strategy
  • Establishes organization to promote BPO and ICT
  • Business model integrating installment sales and financial services
  • Extensively engages in life insurance solicitation
  • Participates as regular member in multiple leasing associations
  • Strong in equipment leasing for logistics and transportation
  • Corporate services boasting high customer satisfaction
  • Leads Japan's leasing industry with diverse business expansions

Hidden Connections

  • Deeply embedded in the former Fuji Bank Group network, trading with major companies across sectors.
  • Builds strong financial foundation through capital and business alliance with Mizuho Financial Group.
  • Close collaborative relationship with Yamato HD Group through logistics subsidiary Yamato Lease.
  • Collaborates with Sharp Finance to offer finance leasing for manufacturing.
  • Extensive business within group to meet leasing needs across diverse industries.
  • Actively enters domestic and international renewable energy business, excelling in environmental sector.
  • ISO 14001 certification obtained at multiple sites including head office.
  • Maintains transaction base through collaborations with numerous major financial, manufacturing, and real estate companies.

Future Outlook

Growth Drivers

  • Recovery and increase in domestic and international equipment investment demand
  • Business expansion and new customer acquisition in logistics and transportation
  • Growth in renewable energy financing and leasing market
  • Advancement and普及 of BPO and ICT services
  • Strengthening stable revenue base through diversified management
  • Adaptation to environmental, social, and governance (ESG) standards
  • New product and service development through technological innovation
  • Strengthened strategic collaboration with Mizuho FG
  • Acceleration of global expansion through overseas local subsidiaries
  • Expansion of customized services tailored to customer needs
  • Enhancement of financial services such as installment sales and life insurance solicitation
  • Establishment of competitive superiority in comprehensive leasing industry

Strategic Goals

  • Maintain top 3 position in domestic comprehensive leasing market
  • 30% increase in renewable energy related leasing sales
  • Double sales in BPO and ICT business
  • Group consolidated sales exceed 1 trillion yen
  • Expansion of number of ISO 14001 certified sites
  • Overseas business sales ratio to 20% or more
  • Realization of diversity promotion and employee satisfaction improvement
  • Continuation and expansion of social contribution activities
  • Set annual new customer acquisition growth target at 10% or more
  • Promotion of alignment with Sustainable Development Goals (SDGs)

Business Segments

Leasing for Manufacturing

Overview
Provides a variety of leasing products to support equipment investments in manufacturing sites.
Competitiveness
Wide product lineup and financial support capabilities
Customers
  • Automobile manufacturers
  • Electronic component manufacturers
  • Machinery manufacturers
  • Chemical industry
Products
  • Machine tool leasing
  • Industrial robot leasing
  • Parts processing equipment leasing
  • Production line equipment leasing

Leasing for Construction

Overview
Provides efficient leasing services for machinery and materials for construction sites.
Competitiveness
Local responsiveness and material procurement capabilities
Customers
  • Construction companies
  • Civil engineering contractors
  • Real estate developers
  • Equipment contractors
Products
  • Construction heavy equipment leasing
  • Building materials leasing
  • Construction equipment rental
  • Temporary materials leasing

Leasing for Logistics and Transportation

Overview
Flexibly responds to leasing needs specific to the transportation and logistics industry.
Competitiveness
Logistics industry knowledge and diverse leasing products
Customers
  • Logistics companies
  • Land transportation companies
  • Air cargo carriers
  • Shipping companies
Products
  • Commercial vehicle leasing
  • Cargo transport equipment leasing
  • Warehouse equipment leasing
  • Information system leasing

Leasing for Medical and Healthcare

Overview
Economically supports the introduction of equipment in medical settings.
Competitiveness
Specialized knowledge and proposal capabilities in the medical field
Customers
  • Hospitals
  • Clinics
  • Welfare facilities
  • Medical equipment sales companies
Products
  • High-performance medical equipment leasing
  • Inspection equipment leasing
  • Medical IT system leasing
  • Welfare equipment leasing

Leasing for Information and Communications

Overview
Equipment investment support services specialized in the IT field.
Competitiveness
Rapid response to the latest IT technologies
Customers
  • IT companies
  • Telecommunications carriers
  • Software development companies
  • Network service providers
Products
  • Server leasing
  • Network equipment leasing
  • PC leasing
  • Cloud-related equipment

Real Estate Leasing and Management

Overview
Comprehensive asset management services centered on real estate leasing.
Competitiveness
Multi-faceted support through collaboration with Fuyo Group
Customers
  • Real estate developers
  • Office building operators
  • Commercial facility operators
  • Housing manufacturers
Products
  • Office leasing
  • Factory land leasing
  • Commercial facility leasing
  • Land utilization consulting

Financial Services and Installment Sales

Overview
Provides diverse financial services tailored to funding needs.
Competitiveness
Creditworthiness of Mizuho FG affiliate and reliable screening capabilities
Customers
  • Corporate customers
  • Small and medium enterprises
  • Sole proprietors
Products
  • Finance leasing
  • Installment sales
  • Lending services
  • Credit guarantees

Consulting Services

Overview
Supports resolution of management challenges including leasing-related issues.
Competitiveness
Years of know-how and specialized consulting capabilities
Customers
  • Corporate executives
  • Business managers
  • Government agencies
  • Non-profit organizations
Products
  • Leasing introduction support
  • Asset management optimization
  • Business strategy formulation
  • Business process improvement

BPO Services

Overview
Deploys outsourcing services for business efficiency improvement.
Competitiveness
High-quality services and technological infrastructure
Customers
  • Large corporations
  • Small and medium enterprises
  • Local governments
  • Medical institutions
Products
  • Accounting and finance processing outsourcing
  • IT system operations
  • Payroll services
  • Customer service

Renewable Energy Related Leasing

Overview
Leasing and operational support for renewable energy equipment.
Competitiveness
Advanced handling of environmentally friendly products
Customers
  • Renewable energy operators
  • Local governments
  • Corporate customers
  • Investors
Products
  • Solar power equipment leasing
  • Wind power equipment leasing
  • Battery storage leasing
  • Equipment maintenance

Life Insurance Solicitation

Overview
Insurance solicitation business to support customer risk management.
Competitiveness
Comprehensive service system and proposal capabilities
Customers
  • Individual customers
  • Corporate customers
  • Employee welfare officers
  • Financial institutions
Products
  • Life insurance products
  • Group insurance
  • Various insurance consulting

Overseas Business

Overview
Accelerating overseas business expansion, mainly in Southeast Asia.
Competitiveness
Strengthened collaboration with local subsidiaries and research capabilities
Customers
  • Overseas corporations
  • Local partners
  • International investors
  • Group companies
Products
  • Overseas leasing business
  • Local business management
  • Overseas logistics support

Competitive Advantage

Strengths

  • Strong ties with Mizuho Financial Group
  • Diverse leasing product lineup
  • Abundant asset management expertise
  • Stable financial base
  • Extensive domestic and international network
  • ISO 14001 environmental management certification
  • Collaboration with wide range of subsidiaries
  • Specialized consulting capabilities
  • Advanced BPO service provision
  • Promotion of renewable energy business
  • Integrated provision of financial services
  • Strong customer base
  • Logistics business expansion
  • Diversified business development capabilities
  • Value-added life insurance solicitation

Competitive Advantages

  • Stable shareholder structure within Fuyo Group
  • Comprehensive strength in multifaceted leasing services
  • Adaptability to wide industries and customer segments
  • Transparency and credibility as a listed company
  • Fusion of unique products and financial expertise
  • Management strategy emphasizing environmental considerations
  • Group network spanning domestic and international markets
  • Expansion of value-added services like BPO and consulting
  • Active investments in transportation and logistics sectors
  • Specialization and growth strategy in medical and healthcare
  • Pursuit of effective asset utilization and operational efficiency
  • Advanced proposal capabilities for IT equipment leasing
  • Integrated leasing and financial solutions
  • High customer satisfaction and long-term relationship building
  • Robust compliance and risk management systems

Threats

  • Interest rate fluctuation risks in financial markets
  • Intensifying competition from rival leasing companies
  • Decrease in equipment investments due to economic downturn
  • Burden of keeping pace with rapid technological innovation
  • Asset valuation loss risks from natural disasters
  • Business impacts from regulatory tightening or legal amendments
  • Increasing customer credit risks
  • Uncertainties in global economy
  • Labor shortages in the job market
  • Rising compliance costs for stricter environmental regulations
  • Price reduction pressure from competitors
  • Cybersecurity risks

Innovations

2022: Absorption merger with Japan Credit Lease

Overview
Integrates group company to improve leasing business efficiency.
Impact
Consolidation of management resources and enhanced competitiveness

2020: Yamato Lease becomes consolidated subsidiary

Overview
Acquired shares of Yamato Holdings subsidiary to make it a subsidiary.
Impact
Significant expansion of logistics leasing business

2023: Acquires Thai company to strengthen logistics business

Overview
Acquires Thai material handling equipment company to expand Southeast Asia logistics.
Impact
Remarkable scale expansion in overseas logistics

2021: Executive placement to promote BPO and ICT business

Overview
Strengthens promotion structure by hiring WorkVision managing executive officer.
Impact
Customer expansion and efficiency improvement in BPO business

2024: Promotes ESG investments and enhances environmental management

Overview
Maintains ISO 14001 certification and deepens environmentally considerate management.
Impact
Improved corporate value and social recognition

Sustainability

  • Maintenance and strengthening of ISO 14001 environmental management certification
  • Development of renewable energy leasing products
  • CO2 emission reduction initiatives to lower environmental impact
  • Environmental conservation activities in collaboration with local communities
  • Recycling promotion and waste reduction programs
  • Promotion of diversity and human resource development
  • Improved transparency in supply chain
  • Thorough labor safety and health management
  • Active deployment of CSR activities
  • Disclosure and reporting of sustainable management goals