Mitsubishi HC Capital

Basic Information

Stock Code
8593
Industry
Other Financial Business
Category Detail
Leasing & Rental
Prefecture
Tokyo
Establishment Year
April 1971
Listing Year
March 1985
Official Website
https://www.mitsubishi-hc-capital.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
INPEX, NEXYZ.GROUP, Japan Investment Adviser, Fuyo General Lease, Mizuho Leasing, Tokyo Century, Ricoh Leasing, ORIX, Nakamichi Lease, NEC Capital Solutions, NTT

Overview

Mitsubishi HC Capital is a major comprehensive leasing company founded in 1971, boasting top-class business scale in the industry and offering multifaceted leasing financial services both domestically and internationally.

Current Situation

Mitsubishi HC Capital recorded consolidated revenue of approximately ¥1.7655 trillion, operating profit of about ¥114 billion, and net profit of about ¥99.4 billion in FY2022, establishing itself as a leading company in the leasing industry. It was formed in 2021 through the management integration of Mitsubishi UFJ Lease and Hitachi Capital, expanding its machinery and equipment leasing, installment sales, and financial lending businesses domestically and overseas. The company is diversifying its business portfolio through domestic renewable energy initiatives and the acquisition of a major U.S. maritime container leasing firm, while focusing on sustainability enhancement. It maintains a stable transaction base through collaborations with Mitsubishi Corporation, Hitachi Ltd., and other Mitsubishi and Hitachi Group companies. Infrastructure investments in logistics and aircraft are expanding, with successful commercialization of advanced environmental technologies like low-carbon methanol. Looking ahead, it plans to advance portfolio diversification by region and business, full lineup expansion, digitalization for improved customer services, and acceleration of ESG management.

Trivia

Interesting Facts

  • Became one of Japan's largest leasing companies through the 2021 management integration.
  • Rare merged entity combining the two major Mitsubishi and Hitachi Groups.
  • Subsidiary of a major U.S. container leasing company.
  • Gaining attention as an environmental pioneer with commercial shipment of low-carbon methanol.
  • Strength in leasing renewable energy equipment domestically and internationally.
  • Stable revenue base supported by long track record in leasing business.
  • Industry top-class scale but basically does not engage in direct investments.
  • Holds numerous group affiliates, enabling multifaceted service deployment.
  • One of the constituent stocks of the Nikkei Stock Average.
  • Major shareholders include Mitsubishi Corporation, MUFG, and Hitachi Ltd.

Hidden Connections

  • Strong ties with Hitachi Group through merger with Hitachi Capital, formerly a subsidiary of Hitachi Ltd.
  • Collaborates with MUFG and Mitsubishi Corporation to provide wide-ranging financial services.
  • Expanded influence in maritime transport through acquisition of U.S. CAI International.
  • Affiliated with Sanwa Group, Shuko Group, and Mitsubishi Public Relations Committee, with broad industry connections.
  • Stable business base supported by diverse group companies like Mitsubishi HC Capital Debt Collection.
  • Strength in environmentally considerate products and services, with improving ESG ratings.
  • Becoming a prominent player in the industry with large-scale investments in aircraft leasing.
  • After delisting from Nagoya Stock Exchange Premier Market, focuses on Tokyo Stock Exchange Prime Market.

Future Outlook

Growth Drivers

  • Increasing demand for renewable energy equipment leasing domestically and internationally
  • Expansion investments in aircraft and logistics infrastructure
  • Operational efficiency and customer service improvements through digitalization and DX
  • Strengthening of ESG investments and sustainability management
  • New business creation and market expansion through Mitsubishi and Hitachi Group collaborations
  • Aggressive entry and expansion into overseas emerging markets
  • Demand for environmental products and strengthening regulations
  • Flexible response to diversifying customer needs
  • Diversification and stabilization of funding
  • Enhanced technological competitiveness in leasing sector
  • Growth in logistics and warehousing markets
  • International expansion of aircraft leasing market

Strategic Goals

  • Achieve consolidated revenue over ¥2 trillion
  • Green finance ratio over 50%
  • Aircraft leasing holdings over 100 planes
  • Overseas revenue ratio over 40%
  • Customer touchpoint automation and efficiency through DX
  • Achieve net-zero CO2 emissions
  • Build diverse and inclusive workplace environment
  • Construct 30% of revenue from new businesses
  • Expansion of environmental and social contribution programs
  • Improved transparency in sustainability reports

Business Segments

Machinery & Equipment Leasing

Overview
Leasing diverse industrial machinery and equipment to corporations, supporting capital procurement and equipment operations.
Competitiveness
Multifaceted business expansion and collaboration with Mitsubishi and Hitachi Groups domestically and internationally
Customers
  • Manufacturing
  • Construction
  • Energy Companies
  • Logistics Companies
  • Medical Institutions
  • Local Governments
  • IT Companies
  • Agricultural Corporations
  • SMEs
Products
  • Industrial Machinery
  • Machine Tools
  • Construction Machinery
  • Renewable Energy Equipment
  • Logistics Equipment
  • Medical Equipment
  • Environmental Equipment
  • IT Equipment

Automobile Leasing & Fleet Management

Overview
Providing corporate vehicle leasing and management services to improve operational efficiency.
Competitiveness
One-stop services leveraging group synergies
Customers
  • Transportation
  • Manufacturing
  • Retail
  • Services
  • Government Agencies
Products
  • Sales Vehicle Leasing
  • Truck Leasing
  • Vehicle Management Systems
  • Fleet Management

Aircraft & Marine Vessel Finance

Overview
Conducting large-scale leasing and financing for aircraft and marine vessels.
Competitiveness
Enhanced overseas expansion through acquisition of U.S. large container leasing company
Customers
  • Airlines
  • Cargo Transport Companies
  • Ship Operators
  • Aircraft Leasing Companies
Products
  • Passenger Aircraft Leasing
  • Cargo Aircraft Leasing
  • Vessel Leasing
  • Maritime Container Leasing

Renewable Energy Business

Overview
Promoting sustainable society through leasing of renewable energy equipment.
Competitiveness
Commercialization of environmental technologies and focus on sustainability
Customers
  • Power Companies
  • Renewable Energy Developers
  • Local Governments
  • Factories
Products
  • Solar Power Equipment
  • Wind Power Equipment
  • Storage Battery Systems

Medical & Healthcare Services

Overview
Supporting QOL improvement in medical settings through medical equipment and related services.
Competitiveness
Diverse service expansion through group collaboration
Customers
  • Hospitals
  • Nursing Care Facilities
  • Health Check Centers
  • Pharmaceutical Companies
Products
  • Medical Equipment Leasing
  • Nursing Care Equipment Leasing
  • Medical Solution Services

Real Estate & Facility Management

Overview
Pursuing asset value maximization through comprehensive real estate services.
Competitiveness
Real estate strategy leveraging Mitsubishi Group's comprehensive strength
Customers
  • Corporate Tenants
  • Real Estate Investment Companies
  • Local Governments
  • Commercial Facility Operators
Products
  • Office Building Leasing
  • Residential Leasing
  • Property Management

IT & Digital Solutions

Overview
Strengthening leasing of IT equipment and services to support DX initiatives.
Competitiveness
High-value-added services in collaboration with IT specialized departments
Customers
  • IT Companies
  • Manufacturing Companies
  • Service Industries
  • Public Institutions
Products
  • IT Equipment Leasing
  • Business System Implementation Support
  • Cloud Services

Insurance Agency Business

Overview
Providing damage insurance products tailored to customer needs and risk management support.
Competitiveness
Extensive insurance product lineup and reliability
Customers
  • Corporations
  • Individuals
  • SMEs
Products
  • Damage Insurance
  • Comprehensive Risk Management
  • Insurance Consulting

Debt Collection & Factoring

Overview
Providing debt collection and early accounts receivable cash conversion for cash flow support.
Competitiveness
Rapid response by specialized team
Customers
  • SMEs
  • Large Corporations
  • Financial Institutions
Products
  • Debt Collection Agency
  • Accounts Receivable Factoring

Environment-Related Equipment Leasing

Overview
Leasing equipment contributing to environmental conservation to corporations.
Competitiveness
Active adoption of environmentally considerate technologies
Customers
  • Manufacturing
  • Construction
  • Local Governments
  • Energy Companies
Products
  • Environmental Monitoring Equipment
  • Storage Battery Equipment
  • Energy-Saving Equipment

Logistics & Warehouse Equipment Leasing

Overview
Providing leasing of equipment and operation systems supporting logistics efficiency.
Competitiveness
Capability to handle global logistics business
Customers
  • Logistics Companies
  • Manufacturing
  • Trading Companies
  • E-commerce Operators
Products
  • In-Warehouse Equipment Leasing
  • Logistics Vehicle Leasing
  • Logistics Management Systems

Competitive Advantage

Strengths

  • Top-class leasing business scale in Japan
  • Strong ties with Mitsubishi and Hitachi Groups
  • Broad business areas and regional diversification
  • Comprehensive capabilities to meet diverse industries
  • Abundant assets and stable financial base
  • Aggressive expansion into overseas markets
  • Technological strength in environment and energy fields
  • Comprehensive finance services
  • DX promotion through introduction of advanced technologies
  • Strength in various insurance agency businesses
  • Services leveraging group synergies
  • Stable customer base and diversification strategy
  • Competitive edge in logistics and aircraft sectors
  • High-quality services by specialized personnel
  • Active initiatives toward sustainability

Competitive Advantages

  • Strong shareholder collaborations with Mitsubishi Corporation, Hitachi Ltd., etc.
  • Broad business portfolio spanning domestic and international markets
  • Top-class leasing scale and asset holdings in the industry
  • Successful commercialization of environmental technologies for differentiation
  • Market expansion through acquisition of global container leasing firm
  • Product lineup capable of meeting diverse customer needs
  • Advanced support system in IT and digital fields
  • Comprehensive collaboration framework with MUFG and Hitachi Group
  • Strong market position in aircraft and logistics infrastructure
  • Comprehensive debt collection and factoring services
  • Expansion of renewable energy business domestically and overseas
  • Clear commitment to sustainable management
  • Stability and reliability in funding
  • One-stop solution provision for customer companies
  • Risk diversification and growth promotion through multinational expansion

Threats

  • Interest rate fluctuation risks in financial markets
  • Intense price competition with competitors
  • Slowdown in leasing demand due to economic downturn
  • Risks from changes in laws, regulations, and accounting standards
  • Political and economic risks in overseas operations
  • Decline in competitiveness due to delays in new technology adoption
  • Increased operational costs from stricter environmental regulations
  • Rising customer credit risks
  • Asset value decline risks
  • Foreign exchange fluctuation risks
  • Cybersecurity risks
  • Business impacts from natural disasters

Innovations

2021: Management Integration of Mitsubishi UFJ Lease and Hitachi Capital

Overview
Combining strengths of both companies to expand to top-class comprehensive leasing business in Japan.
Impact
Diversification of business portfolio and enhanced market competitiveness

2021: Acquisition of U.S. Large Maritime Container Leasing Company CAI International

Overview
Accelerating global expansion of overseas container leasing business.
Impact
Business expansion in overseas markets and strengthened revenue base

2022: Commercial Shipment of Low-Carbon Methanol Begins

Overview
Successful practical application of low-carbon methanol as an environmentally friendly fuel.
Impact
Creation of new business toward decarbonized society

2022: Capital and Business Alliance with Gaussy Inc.

Overview
Joint ventures to promote DX in the warehousing industry.
Impact
Efficiency in logistics and creation of new services

2023: Decision to Invest Over ¥1 Trillion in 50 Aircraft

Overview
Strengthening domestic and international aircraft leasing business to expand revenue.
Impact
Stable revenue base formation through business expansion

2024: IT Infrastructure Renewal to Promote Digitalization

Overview
Strengthening IT foundation to improve internal and external services.
Impact
Improved operational efficiency and customer experience

2023: Expansion of Environmentally Considerate Leasing Products

Overview
Expanding leasing products for renewable energy and energy-saving equipment.
Impact
Improved ESG ratings and increased new customer acquisition

2022: Launch of Sustainability Management Enhancement Program

Overview
Systematically promoting environmental load reduction and social contribution activities.
Impact
Enhanced corporate value and stakeholder trust

2024: Risk Management Enhancement Using AI

Overview
Implementing precise credit risk analysis and early warning with AI.
Impact
Reduced non-performing loan ratio and improved asset soundness

2023: Establishment of Local Subsidiaries for New Overseas Market Entry

Overview
Building systems for leasing services in emerging markets.
Impact
Development of long-term growth markets and strengthened revenue base

Sustainability

  • Active promotion of renewable energy equipment leasing
  • Business development of low-carbon methanol and other environmental technologies
  • Group-wide CO2 reduction target setting
  • Enhanced information disclosure for ESG rating improvement
  • Expanded use of sustainable finance
  • Environmental and social contributions through collaboration with local communities
  • Promotion of circular economy asset management
  • Fundraising through green bonds
  • Promotion of diversity and inclusion in work environment
  • Establishment of environmental risk assessment framework
  • Expanded investment in renewable energy
  • Issuance of proprietary environmental reports