Mitsubishi HC Capital Sells Subsidiary for Strategic Growth
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Mitsubishi HC Capital Sells Subsidiary for Strategic Growth

Mitsubishi UFJ Lease & Finance Company (JP:8593) has released an update.

Mitsubishi HC Capital Inc. has completed the sale of all shares of its subsidiary Miyuki Building Co., Ltd. to RED WAVE G.K., an entity invested by TOEI CO., LTD. This strategic move is in line with the company’s ‘Medium-term Management Plan for FY2023 – FY2025’, aiming to reallocate management resources and optimize business processes to realize its 10-year vision. The sale is expected to contribute to Miyuki Building’s growth through collaboration with TOEI, a seasoned real estate lessor in the Chukyo area.

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