2023-07-13 19:14:47
JA Mitsui Leasing Ltd. (Headquarters: Chuo-ku, Tokyo; Keito Shimbu, President and Chief Executive Officer; hereinfollowing referred to as “JAML”) announced that, through our subsidiary, JA Mitsui Leasing Capital Corporation (Headquarters: NY, USA; Kiyoshi Doi, Director, President; hereinfollowing referred to as “JMCC”), we acquired a 100% interest in Katsumi Global, LLC (Headquarters: Michigan, USA; Tim King, Executive Director; hereinfollowing referred to as “KG”).
1. Investment History and Purpose
JAML is expanding our business in North America under our Mid-Term Management Plan, ie “Real Change 2025”. JMCC will leverage KG’s platform, experience with working capital solutions such as supply chain finance, and people in combination with financial strength and JAML’s customer network in order to expand the services provided to customers in North America.
2. Overview of Katsumi Global, LLC
Company Name
Katsumi Global, LLC
Site
Michigan, USA
Foundation
July 2020
CEO
Tim King
Business
It provides international working capital strategies and solutions for medium / large companies.
Sobre a JA Mitsui Leasing, Ltd.
JAML is a Japanese leasing company offering finance and leasing solutions in Japan and globally (offices in Asia and North America), with total operating assets in excess of US$16 billion. Major shareholders are The Norinchukin Bank and Mitsui & Co., Ltd., both rated A by S&P. By combining resources from both parent companies, JAML leverages its multiple channels, leading financial headquarters and extensive client network to deliver asset finance solutions.
The original language text of this announcement is the official authorized version. Translations are provided as a convenience only and must refer to the original language text, which is the only version of the text that is legally binding.
View the original version on businesswire.com:
Contact:
Department of Public Affairs and Investor Relations, Corporate Management Division, JA Mitsui Leasing, Ltd.
Tel.: +81-3-6775-3002, E-Mail: [email protected]
Source: BUSINESS WIRE
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