NEC Capital Solutions

Basic Information

Stock Code: 8793
Industry: Other Financial Services
Category Detail: Leasing & Rental
Prefecture: Tokyo
Establishment Year: November 1978
Listing Year: February 2005
Official Website: https://www.necap.co.jp
TSE Information: TSE Information
Yahoo! Finance: Yahoo! Finance
Other Companies: NEXYZ.Group, Japan Investment Adviser, Fuyo General Lease, Mizuho Leasing, Tokyo Century, Ricoh Lease, ORIX, Mitsubishi HC Capital, Nakamichi Lease, Eslead

Overview

NEC Capital Solutions is a major leasing and finance company founded in 1978, with a stable business foundation centered on IT-related lease contracts.

Current Situation

As of 2024, NEC Capital Solutions has net sales of approximately ¥232.8 billion and total assets of approximately ¥793.3 billion, maintaining a solid position in the domestic leasing industry. SBI Shinsei Bank holds a 33.32% stake as the major shareholder and has become an equity-method affiliate since October 2024. It offers a wide range of finance services, including leasing, installment sales, loans, and factoring primarily for IT equipment and machinery. Competitors include ORIX and Mitsubishi HC Capital in a highly competitive market environment. For sustainable growth, it operates a subsidiary for resale services of ICT-related equipment, advancing efficient asset management and customer needs response. Additionally, through business alliances with the SBI Group, it anticipates synergy effects in financial services. In the medium to long term, it addresses challenges such as digitalization promotion and environmental対応, aiming to secure stable earnings and expand into new business areas.

Trivia

Interesting Facts

Long history as a leasing specialist originating from NEC Group
Reached a major turning point in 2024 by joining SBI Group
Maintains high levels of IT equipment lease contract values within the industry
Features integrated services from ICT asset collection to resale
Becoming an equity-method affiliate due to changes in shareholding ratios draws attention
Known for headquarters in Shinagawa Intercity
Offers a wide range of financial services including installment sales and factoring
Advances business diversification through alliances with SBI Shinsei Bank and Showa Lease
Subsidiaries include Lisa Partners and Capitech & Reboot
Mid-sized financial services firm with approx. 600 employees

Hidden Connections

Close transaction relationships exist with NEC Group's IT equipment manufacturing divisions
Capital collaboration advances with SBI Shinsei Bank becoming major shareholder
Strengthened regional leasing business through business alliance with Showa Lease
Transitioned to new financial structure after past capital ties with Sumitomo Mitsui Finance & Leasing
Promotes environmental regulation compliance through ICT recycling business
Forms unique market position by integrating financial services and IT-related leasing
Related company Lisa Partners handles financial asset operations
Office location in Konan, Minato-ku contributes to business network building

Future Outlook

Growth Drivers

Expansion of lease contract values from increased IT equipment renewal demand
Increased ICT leasing needs from spread of digital devices
Customer base expansion through diversification of financial and leasing products
Synergy effects from utilizing SBI Group's financial network
Revenue growth in recycling business responding to rising environmental awareness

Strategic Goals

Aim for top-class status in comprehensive finance services industry
Establish sustainable environmentally considerate business model
Expand market share in ICT equipment leasing
Maximize business efficiency and improve customer services through new technology adoption
Improve ESG ratings and actively promote social responsibility

Business Segments

IT Equipment Leasing

Overview

Offers IT-related equipment leasing to corporations and public institutions.

Competitiveness

High reliability through collaboration with NEC Group

Customers

Large Corporations
SMEs
Public Institutions
Educational Institutions
Medical Institutions

Products

Servers
Network Equipment
PCs
Multi-function Printers
ICT Peripherals

Finance Services

Overview

Provides finance products tailored to diverse funding needs.

Competitiveness

Flexibility of comprehensive financial services

Customers

General Corporate Customers
Sales Agents
SMEs

Products

Installment Sales
Loans
Factoring
Collection Agency

ICT Recycling and Resale

Overview

Supports from disposal to resale of ICT equipment on a total basis.

Competitiveness

Expertise in environmentally friendly reuse

Customers

Corporations
Public Institutions
Resellers

Products

Used ICT Equipment Sales
Recycling Services
Asset Management

Competitive Advantage

Strengths

Strong ties with NEC Group
Extensive track record specialized in IT-related leasing
Ability to provide diverse finance products
Efficient asset management capabilities
Comprehensive customer support system
Solid financial foundation
Specialized ICT recycling services
Growth expectations from ongoing business alliances
Responsive to a wide range of customer segments
Reliability from Tokyo Stock Exchange Prime listing

Competitive Advantages

Business structure with high contract values centered on IT sector
Strong funding and credit through group synergies
Customer responsiveness via comprehensive finance services
Improved management stability from becoming equity-method affiliate
Environmentally considerate business model via ICT recycling
Enhanced financial services through SBI Group alliance
Customizable delivery system meeting diverse customer needs
Abundant asset management expertise
Location advantages in Minato-ku, Tokyo
Robust compliance system due to listing

Threats

Intensifying competition in domestic leasing market
Impact of interest rate fluctuations on profitability
Fluctuations in leasing demand due to technological advances in IT equipment
Funding risks from economic uncertainties
Market share pressure from new entrants
Potential business restrictions from strengthened financial regulations
Diversification of customer finance options
Challenges in responding to rapid IT technology trends
Increased compliance costs from stricter environmental regulations
Risk of declining residual value of leased assets

Innovations

2024: Strengthened Business Alliance with SBI Shinsei Bank

Overview: Aims to expand financial services through equity acquisition and business collaboration.
Impact: Achieves expanded funding capabilities and service areas.

2023: Advanced ICT Recycling Services

Overview: Strengthened collection and resale system for used ICT equipment, contributing to reduced environmental impact.
Impact: Enhanced competitive edge in reuse market.

2022: Promotion of Digitalization of Finance Products

Overview: Advances business efficiency through digitalization of contract and review processes.
Impact: Realizes improved customer convenience and cost reductions.

Sustainability

Promotion of higher ICT equipment recycling rates
Strengthened lease asset management to reduce environmental impact
Building sustainable business models
Participation in environmental conservation activities through community collaboration
Promotion of compliance with corporate ESG standards