Lease, Ship, Construction & Mining Systems
Our business unit covers various fields such as leasing, ship and construction and mining systems.
In the leasing business, we have a subsidiary leasing company, Sumitomo Mitsui Finance & Leasing Company, Limited (SMFL), which is a strategic joint venture with Sumitomo Mitsui Financial Group. SMFL is one of the largest leasing companies in Japan, holding operating assets of 6.7 trillion yen (equivalent to USD 55 billion). Collaborating with SMFL, we are providing various kinds of financial solutions ranging from manufacturing equipment financing to aircraft leasing in Asia and other countries.
In the ship business, our activities include selling new-building ships built by reputable shipyards in Japan, as well as brokering sales and purchase of second-hand ships and time chartering of various kind of ships. From Singapore, our operations are focused on Asia and Oceania by utilising Singapore’s superior position as a hub for the entire shipping and maritime industry. We also focus on decarbonization in the industry in line with the IMO target for GHG reduction by 2050 from various aspects such as zero/less emission vessels and utilization of new technology.
In the aviation business, we are engaged in aircraft parts distribution and advanced air mobility business such as drone delivery services and future eVTOL (electric Vertical Take-Off and Landing aircraft) passenger transportation services. We are also developing supply of SAF (Sustainable Aviation Fuel) and trading of carbon credit, so that the aviation industry can achieve net zero carbon together by 2050.
In the construction and mining systems business, we deal in construction, mining, agricultural and material handling equipment from various reputable global brands to meet the diversified needs of customers.