Mizuho Leasing

Basic Information

Stock Code
8425
Industry
Other Financial Services
Category Detail
Leasing & Rental
Prefecture
Tokyo
Establishment Year
December 1969
Listing Year
October 2004
Official Website
https://www.mizuho-ls.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
NEXYZ.Group, Japan Investment Adviser, Fuyo Leasing, Tokyo Century, Ricoh Leasing, ORIX, Mitsubishi HC Capital, Nakamichi Leasing, NEC Capital Solutions

Overview

Mizuho Leasing is a major leasing company established in 1969, affiliated with Mizuho Financial Group, and a financial services company strong in equipment leasing for the manufacturing industry.

Current Situation

For the fiscal year ended March 2022, Mizuho Leasing recorded consolidated sales of approximately ¥554.8 billion and operating profit of approximately ¥17.9 billion, maintaining a stable revenue base. Its core leasing and rental business centers on equipment leasing primarily for manufacturing, competing with rivals such as Tokyo Century. In recent years, it has strengthened partnerships with Marubeni and expanded into overseas markets, entering aircraft leasing and refrigerated trailer leasing businesses. Subsidiaries include Mizuho Toshiba Leasing and Mizuho Marubeni Leasing, offering diversified leasing services. It is focusing on sustainability, advancing business initiatives to reduce environmental impact. Going forward, it positions digitalization and new market development as strategic pillars, aiming for business stabilization and growth from 2025 onward. While vigilant about market fluctuations, it continues diversified operations leveraging its solid financial foundation.

Trivia

Interesting Facts

  • Operates as an equity-method affiliate of Mizuho Financial Group.
  • Established Mizuho Marubeni Leasing jointly with Marubeni, building a partnership.
  • Entered the aircraft leasing industry in collaboration with a U.S. company.
  • Diversified into refrigerated and frozen trailer leasing business.
  • Addresses broad industry needs through diversified equipment leasing.
  • Subsidiary of Mizuho Toshiba Leasing under Toshiba Group.
  • Major shareholders include automaker Nissan Motor Co.
  • Known as a traditional leasing company from the Ex-Im Bank Group.
  • Has maintained high competitiveness in the equipment leasing industry since its founding.
  • Actively developing eco-friendly products with a focus on ESG.

Hidden Connections

  • Strengthened business collaborations with major trading companies and electronics manufacturers like Marubeni and Toshiba, influencing multiple sectors.
  • Deep ties to the automotive leasing sector as a shareholder related to Nissan Motor.
  • High influence within the financial sector due to increased investment ratio from Mizuho Bank.
  • Conducts international operations through a joint venture with a U.S. aircraft leasing company.
  • Holds multiple leasing-related subsidiaries, forming a solid group management foundation.
  • Eco-friendly leasing products contribute to corporate ESG strategy advancement.
  • Closely linked to manufacturing equipment investments, with product planning reflecting industry trends.
  • Established a domestic market network with branches and sales offices in multiple regions.

Future Outlook

Growth Drivers

  • Recovery and expansion of equipment renewal demand in manufacturing.
  • Growth opportunities in overseas aircraft leasing markets.
  • Increasing demand for environmentally friendly leasing products.
  • Business efficiency improvements and new service creation through digitalization.
  • Business expansion through strengthened partnerships with trading companies like Marubeni.
  • Aggressive expansion into new markets.
  • Growth in environmentally responsive products due to expanding ESG investments.
  • Response to increasing demand for IT infrastructure leasing.
  • Flexible response to diversifying customer needs.
  • Easier funding due to stable financial markets.

Strategic Goals

  • Further diversification and expansion of leasing business domestically and internationally.
  • Establishment of green leasing market achieving environmental impact reduction.
  • Development of new services utilizing digital technologies.
  • Maximization of synergies with equity-method affiliates.
  • Building stable and sustainable revenue models.
  • Enhancement of corporate value through ESG management promotion.
  • Organizational improvements aiming for significant customer satisfaction gains.
  • Aggressive entry and expansion into emerging markets.
  • Strengthened environmental standards across the supply chain.
  • Realization of diverse workforce and fulfilling work environment for employees.

Business Segments

Equipment Leasing for Manufacturing

Overview
Provides diverse equipment leasing primarily to manufacturing, supporting business optimization.
Competitiveness
Abundant funding capabilities and industry network through collaboration with Mizuho FG
Customers
  • Manufacturing companies
  • Medical institutions
  • Logistics companies
  • Airport-related businesses
  • Local governments
  • Energy-related businesses
  • Transportation companies
  • Public institutions
Products
  • Industrial machinery leasing
  • Medical equipment leasing
  • IT infrastructure leasing
  • Aircraft leasing
  • Refrigerated and frozen equipment leasing
  • Energy equipment leasing

Overseas Aircraft Leasing Business

Overview
Advances international expansion through aircraft leasing business centered in the U.S.
Competitiveness
Global aircraft leasing network
Customers
  • Airlines
  • Financial institutions
  • Aircraft management companies
Products
  • Aircraft leasing
  • Aircraft financing

Logistics Refrigerated and Frozen Equipment Leasing

Overview
Leasing and rental business for refrigerated and frozen transportation equipment.
Competitiveness
Industry-specialized service provision
Customers
  • Logistics companies
  • Food distribution companies
Products
  • Refrigerated trailer leasing
  • Refrigerated equipment leasing

Competitive Advantage

Strengths

  • Financial strength of Mizuho Financial Group
  • Expertise in equipment leasing for manufacturing
  • Diverse leasing service offerings
  • Nationwide network of branches
  • Strength in overseas aircraft leasing business
  • Strategic partnership with Marubeni
  • Collaboration with equity-method affiliates
  • Stable financial base
  • Long years of industry experience and trust
  • Diversified subsidiary operations

Competitive Advantages

  • Ability to provide broad equipment leasing centered on manufacturing
  • Enhanced international competitiveness through entry into U.S. aircraft leasing market
  • Product lineup corresponding to diverse industries
  • Customer base leveraging Mizuho Group's network
  • Strengthened ties with trading companies via joint investment with Marubeni
  • Flexibility in funding through the group
  • Differentiation through expanded leasing of environmentally friendly equipment
  • Swift response to new areas like IT equipment leasing
  • Robust financial reporting and transparent disclosure
  • Sales expansion to broad customer segments

Threats

  • Risk of reduced equipment investment in domestic manufacturing
  • Increased leasing costs due to rising interest rates
  • Intensified price competition from rivals
  • Foreign exchange fluctuation risks in overseas operations
  • Costs for equipment changes due to stricter environmental regulations
  • Decline in leasing demand during economic downturns
  • Risk of equipment obsolescence due to technological innovation
  • Increased market competition from new entrants
  • Credit risk increase leading to bad debt
  • Strengthened financial regulations due to policy changes

Innovations

2020: Entry into Aircraft Leasing Business

Overview
Expanded into the aircraft leasing market by acquiring a stake in U.S.-based Aircastle.
Impact
Diversification of revenue base and strengthened international expansion

2020: Acquisition of Refrigerated and Frozen Trailer Leasing Business

Overview
Acquired a stake in PLM Fleet to expand logistics equipment leasing.
Impact
Expansion of leasing product lineup for the logistics industry

2020: Acquisition of Ricoh Leasing Shares

Overview
Acquired shares in Ricoh Leasing, making it an equity-method affiliate.
Impact
Enhanced group synergies and service diversification

2021: Enhanced Utilization of Digital Technologies

Overview
IT-ized leasing management systems to improve operational efficiency.
Impact
Cost reductions and faster service delivery

2022: Development of Environmentally Friendly Leasing Products

Overview
Expanded leasing products for energy-efficient and renewable energy equipment.
Impact
Improved appeal to environmentally conscious customers

Sustainability

  • Promotion of leasing for energy-efficient and renewable energy equipment
  • Support for equipment introduction to reduce environmental impact
  • 推進 of paperless operations within the company
  • Formulation and disclosure of ESG investment policies
  • Participation in environmental awareness activities for local communities
  • Promotion of green finance utilization
  • Promotion of recycling for leased assets
  • Strengthened environmental education for employees
  • Initiatives toward carbon neutrality
  • Enhanced environmental management in the supply chain