News Release


Regarding the completion of integrating SMFL Aircraft Capital Corporation B.V. and other entitiesin aircraft leasing business into SMBC Aviation Capitaland their commencement of business with the brand name(1/1)

Sumitomo Mitsui Financial Group, Inc.(Code: 8316)

Sumitomo Mitsui Finance and Leasing Company, Limited.

Sumitomo Mitsui Banking Corporation

Sumitomo Corporation (Code: 8053)

 

Regarding the completion of integrating SMFL Aircraft Capital Corporation B.V. and other entities
in aircraft leasing business into SMBC Aviation Capital
and their commencement of business with the brand name

 

April 1, 2013 --- Sumitomo Mitsui Banking Corporation (SMBC; President: Takeshi Kunibe) and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL; President: Yoshinori Kawamura), both subsidiaries of Sumitomo Mitsui Financial Group, Inc. (SMFG; President: Koichi Miyata), and Sumitomo Corporation (SC; President and CEO: Kuniharu Nakamura) reached an agreement on and completed the integration of SMFL Aircraft Capital Corporation B.V. (the Netherland) and SMFL Aircraft Capital Japan Co., Ltd. (Japan), both are the existing joint ventures between SMFL and SC, and Sumisho Aircraft Asset Management B.V. (the Netherland), wholly-owned subsidiary of SC, into gSMBC Aviation Capitalh and commenced operation as gSMBC Aviation Capitalh today.

 

Both groups, SMFG and SC, will continue their concerted efforts to further strengthen the aircraft leasing business, further enhance its global marketing structure and offer higher-value-added financial services to the airline industry, aircraft manufacturers and aircraft investors in both domestic and foreign markets by leveraging their many advantages, such as a sound financial position, ability to provide sophisticated financial solutions, broad global client base, and advanced risk management practice.

 


›     The major companies integrated

Company name (before the change)

SMFL Aircraft Capital Corporation B.V.

SMFL Aircraft Capital Japan Co., Ltd

Sumisho Aircraft Asset Management B.V.

Company name (after the change (scheduled in April 2013))

SMBC Aviation Capital Aircraft Holdings B.V.

SMBC Aviation Capital Japan Co., Ltd.

SMBC Aviation Capital Netherlands B.V.

Head office location

Amsterdam, Netherlands

Tokyo, Japan

Amsterdam, Netherlands

Start of business

2008

2009

2001

Ownership percentage
(before the change)

SMFL 60“, SC 40“

SMFL 60“, SC 40“

SC 100“

Ownership percentage
(after the change)

SMBC Aviation Capital Limited 100“

SMFL 60“,
SMBC 30
“,
SC 10
“

SMBC Aviation Capital Limited 100“

 




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