Contributing to the prosperity of Southeast Asia
Tokyo Century Corporation (formerly Century Tokyo Leasing Corporation), a leading Japanese financial services company, is focused on developing its business across Southeast Asia.
“The decision to omit ‘leasing’ from the company’s name reflects our resolve to develop our client offerings and advance our leasing and financial capabilities,” explains Yasushi Yoshino, Senior Managing Executive Officer of Tokyo Century Corporation. (Yoshino is also the President of the International Business Development Unit).
Today, Tokyo Century Corporation is investing in Southeast Asia and expanding its range of products.
“Our joint venture in Thailand, TISCO Tokyo Leasing Co., Ltd. (TTL), began using the ‘Nippon Rent-A-Car’ brand, one of Japan’s largest car rental services, to develop our automobile leasing business,” says Yoshino. “This also creates awareness of the brand for Thai tourists and businessmen who visit Japan. In addition, we successfully launched the brand in Malaysia this March”.
The company’s growing network across the region now includes TC Car Solutions (Thailand) Co., Ltd. “Acquiring the leasing operations of ACS Capital Corporation Ltd. enabled us to provide additional services and solutions for our clients”, says Yoshino.
Foo Siang Seng, Executive Officer International Business Unit I, Chief Officer for ASEAN Region, Tokyo Century Corporation.
Yasushi Yoshino, Senior Managing Executive Officer (Department President, East Asia & ASEAN Business Department; Deputy Department President, Automobile Business Department), Tokyo Century Corporation.
“Our partnership with Lippo Group in e-commerce and e-money allows us to diversify our business activities,” says Yoshino. “We are providing Lippo Group with our financial expertise as they expand their e-commerce web sites, electronic money services and point services to the public and private sectors”.
With its regional headquarters located in Singapore and operations in Indonesia, Thailand, Malaysia and the Philippines, Tokyo Century Corporation has also established a partnership with ‘Grab’, Southeast Asia’s leading ride-hailing platform.
“We are in the process of developing new leasing and rental car options for ‘Grab’ in all their Southeast Asian markets including Vietnam,” comments Yoshino. “Our collaborations with Lippo Group and ‘Grab’ create new business opportunities for us across the region”.
Singapore remains at the heart of Tokyo Century Corporation’s Asia strategy.
“Tokyo Century Corporation is aiming to be the best financing partner in the region so business owners can grow their businesses and promote their products without any major financial constraints.”
“There is a need for more dynamic financial products in Southeast Asia and we can deliver solutions”, concludes Yoshino “I would like to congratulate ASEAN on its fiftieth anniversary and we look forward to contributing to the continued prosperity of Singapore and the rest of Southeast Asia”.