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Fuyo General Lease Co., Ltd.

Latest Tokyo Brief coverage on Fuyo General Lease Co., Ltd., tracking filings, financial news, and market signals from Japan.

Code
8424
Exchange
TSE
Coverage
2 articles

Latest coverage

TSE:8424

  1. Panasonic Exits Trust-Bank Finance Venture as Fuyo Lease Buys a Locked-In 40% Stake

    Fuyo General Lease is paying ¥20.17bn for a 40% stake it must hold for years, funding Panasonic's complete exit from a trust-bank finance venture and cutting Sumitomo Mitsui Trust Bank's control from 85% to 45%.

  2. Sumitomo Mitsui Trust Cedes Control of Leasing Arm as Panasonic Exits, Rivals Buy In

    Sumitomo Mitsui Trust Bank is cutting its stake in a ¥1.64tn leasing subsidiary from 84.9% to 45%, Panasonic is exiting entirely, and Fuyo General Lease (40%) and Yokohama Financial Group (15%) are buying in; parent Sumitomo Mitsui Trust Group expects a ¥14.0bn transfer loss when the deal closes on October 1.