Leasing firms with corporate customers totaled contracts worth 8.275 trillion yen in 2006. (That's a "t".)...about $70 billion...down 0.9%.
Japanese companies seem to be more willing to use their money for capital investment than to rely on leasing firms.
Others refrained from leasing because new accounting rules will required companies to post their leased assets on the balance sheets from 2009.
The shrinking demand for lease products foreshadows an industry realiginment
perhaps.The top five leasing services:
| Leasing Services | |||
| Rank | Company | Share | Point Change |
| 1 | Orix | 10.0 | -1.5 |
| 2 | Hitachi Capital | 8.8 | -0.3 |
| 3 | SMBC Leasing | 7.6 | -0.6 |
| 4 | Diamond Lease | 5.8 | 0.4 |
| 5 | UFJ Central Leasing | 5.2 | 0 |
| Total value of leasing contracts: 8.27 trillion yen (down 0.9%) Sources: Nikkei estimates | |||
Do you prefer to lease or buy?
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