As of April 1, Mitsubishi UFJ Lease & Finance and Hitachi Capital merged to form Mitsubishi HC Capital.
As a result of this merger, Mitsubishi HC Capital has ¥10 trillion of total assets ($91.4 billion), more than ¥100 billion ($914 million) of net profit and nearly 10,000 employees.
Through this merger, Mitsubishi HC Capital’s operating assets through all its wholly-owned subsidiaries in the Americas will grow to approximately $18 billion.
All subsidiaries in the Americas will continue to operate independent of one another as future synergies are reviewed to assess the combined strength of the companies.
