New joint venture, Daiwa Airborne, launched in Japan

Daiwa Securities Group Inc. and Dublin-headquartered Airborne Capital Limited have announced the official launch of their new joint venture, Daiwa Airborne Co., Ltd., marking a significant development in the Japanese Operating Lease (JOL) market.

The new entity, based in Japan, signifies Airborne Capital’s ambitious expansion into the JOL market. This milestone follows the restructuring of Airborne’s Japanese subsidiary, Airborne Capital Japan GK, into a corporation, leading to the strategic acquisition of its shares by Daiwa Securities Group. The result is a 50:50 joint ownership of Daiwa Airborne, combining the expertise and resources of both partners.

Daiwa Airborne Co., Ltd. will consolidate Airborne Capital’s tax-based financing solutions, with a core focus on Japanese Operating Lease products. The joint venture is poised to serve a broad customer base that includes high-net-worth individuals and corporate clients, offering innovative leasing solutions and comprehensive lease management services.

Mr. Yoichi Hirotani, previously the Japan Representative of Airborne Capital Japan GK, has been appointed as the President and CEO of Daiwa Airborne Co., Ltd.