Tokyo Century Corporation

Tokyo Century Corporation provides equipment leasing, automobility, specialty financing, environmental infrastructure, and international businesses in Japan and internationally. The company offers leasing and finance, including ancillary services and other businesses relating to the handling of information and communications equipment, office equipment, industrial machinery, transportation equipment, and equipment for commercial and service industries. It also provides automobile leasing for corporate customers and individuals, car rental and car sharing businesses, etc.; specialty financing for shipping, aviation, real estate, and environment and energy fields; and fleet services. In addition, it engages in the electric power generation business and other businesses related to renewable energy. The company was formerly known as Century Tokyo Leasing Corporation and changed its name to Tokyo Century Corporation in October 2016. Tokyo Century Corporation was founded in 1964 and is headquartered in Tokyo, Japan.

Aerospace & Aviation▼2

Itochu to Invest About 300 Billion Yen in US Aircraft Leasing Firm ACG for Management Participation

Itochu Corporation announced on the 3rd that it will participate in the management of US aircraft leasing company Aviation Capital Group. The company is wholly owned by a subsidiary of Tokyo Century, and Itochu will acquire a 50% stake in that subsidiary for 1.946 billion dollars, or about 300 billion yen. The move aims to strengthen its business in anticipation of growth in the aircraft leasing market. Itochu currently leases over 90 aircraft and engines to airlines in various countries.

8001.JP ▲8439.JP ▼

Aerospace & Aviation

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