GP: Growing Performance
Stable growth in core areas
*Affiliations and titles as of August 2024
Main Services
-
Aircraft operating leases/financing
-
Japanese Operating Lease with Call Option* (JOLCO)
-
Japanese Operating Lease (JOL)
-
Aircraft fleet management and resale
-
Business investment (investment in peripheral business)
-
*Fuyo General Lease Co. Ltd. arranges JOLCOs as a business activity, thereby providing its investor clients with the option to invest their funds in such aircraft leases.
Strong Point
-
Established an extensive track record through arrangement of more than 350 leases for airlines around the world since the launch of our aircraft business in the early days of the aircraft leasing industry
-
Possesses aircraft operating lease arrangement and solutions delivery capabilities, developed through hands-on business experience
-
Embraces a culture that encourages members to confront customer management issues and societal challenges, as well as actively participate in new domains, while keeping aircraft operating leases as a base
Plans under Fuyo Shared Value 2026 and Vision for 2030
Vision for 2030
-
Create synergies by expanding our product lineup through alliances in peripheral aircraft businesses, while keeping aircraft operating leases as the core of our business
-
Contribute to the development of the aviation industry and the establishment of global transportation and logistics infrastructure, while helping to solve social issues, through new aircraft fields (such as sustainable aviation fuels (SAF) and air mobility)
Plans under Fuyo Shared Value 2026
-
1.Advance an asset turnover-type business that maintains the soundness of self-owned assets by realizing a balance between stable recurring revenue and non-recurring revenue from asset sales.
-
2.Strive to further strengthen sales capabilities to investors through efforts to develop and sell new operating lease products, in addition to JOLCO and JOL.
-
3.Strengthen engagement in peripheral fields and new areas, such as aircraft part-out and freighter conversion in accordance with the aircraft lifecycle
FY2023 in Review
In fiscal 2023, the number of aircraft we possessed reached 58. We have established a staffed site in the U.S., which is contributing to an increase in orders from U.S. airlines. Both the initial formation and subsequent sales of JOLCO and JOL have gone well, and as a result, ordinary profit has steadily increased to ¥5.1 billion. Anticipating the growing demand for aircraft leases, the Group also for the first time secured foreign currency funding from the Japan Bank for International Cooperation (JBIC). The funds will be used to expand our business in the U.S. market, where business opportunities are growing.
Financial targets
Issues Ahead and Response Measures
|
Issues Ahead |
Response Measures |
|---|---|
|
Respond to rising interest in environmental issues in the aviation industry |
Accelerate environmentally friendly initiatives, such as leases with Sustainability Linked Loans (SLLs) |
|
Enhance specialized human resources supporting business expansion and development of new business fields |
Promote the recruitment and training of globally minded human resources with a degree of high specialization |
TOPICS
1. Freighter Aircraft Lease Begun for Yamato Holdings
The Company began a freighter aircraft lease for YAMATO HOLDINGS CO., LTD. This initiative allows for long-term aircraft reuse, on the one hand, by converting used passenger aircraft into freighter aircraft. At the same time, it will contribute to addressing the so-called 2024 problem with its concerns about declining transport capabilities in the logistics industry. This is the Company's first Passenger-to-Freighter (P2F) project, and through this business we will contribute to CSV in the aircraft market while also aiding in the further growth of the logistics industry.
Photo courtesy of YAMATO HOLDINGS CO., LTD.
