Century Tokyo Leasing Corporation · Tokyo Japan ·(Tokyo: 84390)
Company Description
Phone: +81-3-6901-0555
Fax: +81-3-3348-2656
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Have some medical equipment that is the worse for the wear? Century Tokyo Leasing specializes in the leasing and installment sale of office and information equipment, industrial machine tools, and medical technology as well as aircraft and vehicles. It provides financing, insurance, securities investment, factoring, and other related financial services products, too. Century Tokyo Leasing was formed in the 2009 merger of Century Leasing System and Tokyo Leasing (which began its leasing career in 1964); it has operations in China, Hong Kong, Japan, Malaysia, Singapore, Taiwan, Thailand, the UK, and the US. To read the full description, subscribe now.
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Key Century Tokyo Leasing Corporation Financials
| Company Type | Public - Tokyo: 84390 Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $264,733.0 |
| Employees | 581 |
Century Tokyo Leasing Corporation Executives
21 executives listed for Century Tokyo Leasing Corporation's Tokyo, location.
| Title | Name & Bio | Contact |
| Chairman and Co-CEO | Takao Arai | Network |
| President, Co-CEO, and Director | Shunichi Asada | Network |
| Deputy President and Director | Masahiro Nakagawa | Network |
Competition
Competitive Landscape for Century Tokyo Leasing Corporation
Demand is driven by demographics and commercial transactions. Demand is also driven by legal or financial requirements. Consumers are usually required by states to buy auto insurance and by lenders to buy homeowners insurance, for example. The profitability of individual companies depends on effective marketing and on the ability to accurately estimate future payments. Large companies have big economies of scale in administration and in access to capital, as well as advertising and marketing. Small companies can compete successfully by specializing in particular products or industries. Average annual revenue per worker is around $400,000, so the industry is not labor-intensive. In the late 2000s recession, insurers saw revenues decline sharply when their investment portfolios lost value after the market fell. Insurance carriers rely heavily on their investment portfolios, which is where they invest premiums collected until they are needed to pay claims or benefits. In addition, deregulation of the insurance and financial services industries led to increased risk taking that hurt insurers' credit ratings. Insurance giant AIG was forced to accept $150 billion in government loans to stave off bankruptcy that was brought on by its overexposure to credit default swaps. Federal government bailouts have primarily targeted banks. Aside from AIG, insurance companies have not been as hard hit by the subprime mortgage meltdown. But some insurance companies are seeking relief from state regulators to allow them to operate with less capital. Other insurance companies are buying financial institutions to qualify for federal aid. To read the full description, subscribe now.Top Century Tokyo Leasing Corporation Competitors
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