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めぶきリース (Mebuki Lease)

Confidence: Likely Updated 2026-05-30 Review by 2026-11-20 Sources 8 Machine-translated Original (JA)
#JapanFG#leasing#regional-bank-leasing-subsidiary#kanto#ibaraki#tochigi
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Wiki route

This entry sits under the leasing-firms INDEX as the FG-subsidiary leasing operating-company anchor for Mebuki FG. Read it against parent operating banks Joyo Bank / Ashikaga Bank and sibling subsidiary Mebuki Securities. Peer comparison: Hokkaido Lease (Hokuyo / Hokkaido Bank affiliated) and major lessor Mitsubishi Hc Capital / Mizuho Leasing. For broader system route see regional-bank consolidation pattern and banking index.

TL;DR

Mebuki Lease Co., Ltd. is a regional-bank-affiliated leasing company that is a 100% subsidiary of Mebuki FG (TSE PRIME 7167). It was established with “Joyo Lease” — set up by Joyo Bank in 1974-09 — as its parent body, and was launched when, in 2017-04-03, Mebuki FG acquired all its shares and renamed it “Mebuki Lease” (confirmed by the official corporate history / corporate registration). On the same date, the leasing business that had been handled by “Ashikaga Credit Guarantee,” a subsidiary of Ashikaga Bank, was consolidated into Mebuki Lease (business succession), and the Utsunomiya / Ashikaga sales departments were opened to expand to the Tochigi side (confirmed by Nikkei 2017-03-07 and the official corporate history). As a legal entity this is a sole renaming of Joyo Lease, not an “equal merger of Joyo Lease + Ashikaga Lease” (there is no independent company called “Ashikaga Lease”; the leasing business on the Ashikaga side was operated by Ashikaga Credit Guarantee). It provides equipment leasing, finance leasing, operating leasing, vendor leasing, etc., to mid-sized main-bank customers in Ibaraki, Tochigi, and the metropolitan area. One of the top tier of regional-bank-affiliated lessors.

1. License / group boundary

ItemNotes
Legal name株式会社めぶきリース
English nameMebuki Lease Co., Ltd.
Group boundarymebuki-fg 100% subsidiary; bank-lease coordination partner of joyo-bank / ashikaga-bank
Wiki roleRegional-bank FG leasing-subsidiary anchor (North Kanto base)

2. Holding tree

[[regional-banks/mebuki-fg|めぶき FG]] (holding company / TSE PRIME 7167)
  ├── [[regional-banks/joyo-bank|常陽銀行]] (100%) ── Ibaraki base
  ├── [[regional-banks/ashikaga-bank|足利銀行]] (100%) ── Tochigi base
  ├── [[securities-firms/mebuki-securities|めぶき証券]] (100%) ── group securities
  ├── Mebuki Lease (100%, this page) ── group leasing
  │     ├── renamed the former Joyo Lease ([[regional-banks/joyo-bank]] affiliated, established 1974-09 ) via 2017-04-03
  │     ├── consolidated and succeeded the leasing business of Ashikaga Credit Guarantee ([[regional-banks/ashikaga-bank]] affiliated) on the same date
  │     └── equipment leasing for North Kanto + metropolitan-area mid-sized companies
  ├── Mebuki Card (100%) ── regional-bank-originated credit card
  └── Joyo Capital / Ashikaga Capital ── regional-investment / consulting affiliated

Former Joyo Lease lineage (parent body)

  • 1974-09: Joyo Bank established “Joyo Lease Co., Ltd.” as a complementary business to its leasing / finance division (confirmed by the official corporate history)
  • As a Joyo Bank-affiliated leasing company, its main business was equipment leasing for mid-sized companies within Ibaraki Prefecture
  • A typical postwar regional-bank-affiliated lessor: supporting SME capital investment in the form of equipment leasing rather than bank lending
  • 2017-04-03: Mebuki FG acquired all its shares and renamed it “Mebuki Lease Co., Ltd.” (confirmed by corporate registration)

Relationship with the Ashikaga Bank-affiliated leasing function — confirmed (2026-05-30 verification)

  • There is no independent company called “Ashikaga Lease.” The Ashikaga Bank-affiliated leasing company was historically “Kita-Kanto Lease Co., Ltd.” (FSA 2003-03-11 business-restructuring plan certification, capital of 145 百万円), and in later years “Ashikaga Credit Guarantee Co., Ltd.” operated the leasing business in the form of seconded bank staff (Nikkei 2017-03-07). The old version’s framing of “an equal merger of Joyo Lease + Ashikaga Lease” is wrong on both the company name and the form of integration.
  • The succession of the leasing business on the Ashikaga side did actually take place. On 2017-04-03, the leasing business of Ashikaga Credit Guarantee was consolidated (business succession) into Joyo Lease (renamed “Mebuki Lease” on the same date) (confirmed by Nikkei 2017-03-07 and the Mebuki Lease official corporate history). Accordingly, Mebuki Lease opened the Utsunomiya / Ashikaga sales departments and expanded to the Tochigi side, with Ashikaga Bank continuing to second staff. That is, the statement that it “succeeded the leasing business of Ashikaga Credit Guarantee” can be confirmed (but the successor / form is not an “equal merger with Ashikaga Lease,” rather a business consolidation into Joyo Lease = Mebuki Lease).
  • Ashikaga Credit Guarantee subsequently had all its shares acquired by Mebuki FG in 2020-10-01 and was renamed “Mebuki Credit Guarantee Co., Ltd.”; it is now a credit-guarantee specialist (the leasing business had already been transferred to Mebuki Lease in 2017-04 ) (Nikkei 2020-07 / group-company information).
  • Ashikaga Bank went through a temporary nationalization phase in 2003-11 and was then integrated into Mebuki FG in 2016-10 ; the above 2017-04 lease consolidation is part of the group-function reorganization after that integration.

Mebuki FG establishment and group integration

  • 2016-10-01: Mebuki FG established (joint share transfer of joyo-bank + ashikaga-bank)
  • 2017-04-03: Mebuki FG acquired all shares of Joyo Lease and renamed it “Mebuki Lease” — reorganized as a group-common leasing function for the customer base of bank subsidiaries 2 行

4. KPI table (concept)

ItemOverview
Establishment1974-09 (former Joyo Lease. 2017-04-03 mebuki-fg acquired all shares and renamed it “Mebuki Lease”). On the same date it consolidated and succeeded the leasing business of Ashikaga Credit Guarantee (confirmed by Nikkei 2017-03-07. The source of succession is “Ashikaga Credit Guarantee”; no company called “Ashikaga Lease” exists)
Capital1 億円
Number of employeesApprox. 80 名
Head officeJoyo Marine Building, 3-4-12 Minami-cho, Mito City, Ibaraki Prefecture
Main business areaIbaraki Prefecture, Tochigi Prefecture, metropolitan area (mebuki-fg coordination base)
Business domainEquipment leasing, finance leasing, operating leasing, vendor leasing
Bank-lease coordinationjoyo-bank / ashikaga-bank customer referral + joint proposal
Main customer segmentNorth Kanto mid-sized companies + manufacturing / agricultural machinery / medical institutions / local governments
Parent companymebuki-fg 100% investment

Note: Because Mebuki Lease is an unlisted wholly-owned subsidiary, precise standalone financial KPI figures are not separately disclosed; refer to the mebuki-fg securities report segment information

5. Business segment map

SegmentCharacteristics
Finance leasingEquipment leasing of machinery / vehicles / OA equipment / communication equipment (for small to mid-sized companies)
Operating leasingShort-term leasing of used equipment / re-leasable equipment
Vendor leasingTie-up leasing with manufacturers / dealers (sales support)
Local-government leasingOfficial-vehicle / equipment leasing for municipalities within the prefecture
Medical leasingMedical-equipment leasing for hospitals / clinics
Agricultural-machinery leasingTractors, etc., for the agricultural belts of Ibaraki / Tochigi

Position within the FG

  • Core of bank-lease coordination: undertakes the leasing demand of mid-sized main-bank customers of mebuki-fg bank 2 行
  • Capital-investment support: complements bank lending + responds to off-balance-sheet processing needs
  • Coordination with in-prefecture local governments / public sector: leasing deals for municipalities in Ibaraki / Tochigi prefectures

Competitive landscape

Strengths and weaknesses

  • Strength: joyo-bank / ashikaga-bank customer base (mid-sized main-bank customers in Ibaraki / Tochigi) + region-rooted on-site responsiveness

7. Regulation / policy

  • Supervising authority: FSA (the leasing business alone does not require a banking license; money-lending registration depends on the areas handled)
  • Regulatory points:
    • Support for handling lease accounting standard changes (IFRS16 / Japanese standards)
    • Use of leasing tax systems for SMEs (SME investment-promotion tax system)
    • Decarbonization tax-system response for environmental leasing (renewable-energy equipment leasing)
    • Anti-social-forces checks / anti-money-laundering measures (jointly conducted with the mebuki-fg group)

Sources

  • Mebuki Lease official site / corporate history (https://www.mebuki-lease.co.jp/gaiyo/index.html, confirmed 2026-05-30) — “1974年9月 Joyo Lease established,” “2017年4月 renamed to Mebuki Lease Co., Ltd.,” and on the same 2017年4月 opened the Utsunomiya / Ashikaga sales departments (Tochigi-side expansion). The corporate history shows the continuity of the legal entity (Joyo Lease → Mebuki Lease) and is not recorded as an absorption-merger of a separate company (the succession of the Ashikaga Credit Guarantee leasing business is confirmed by Nikkei as a business consolidation)
  • Nihon Keizai Shimbun “Joyo Bank and Ashikaga Bank to integrate leasing business in month 4” (2017-03-07) https://www.nikkei.com/article/DGXLZO13723910W7A300C1L60000/ (confirmed 2026-05-30) — The leasing business of the Ashikaga Bank subsidiary “Ashikaga Credit Guarantee” (which ran the leasing business with seconded bank staff) was consolidated, on 2017-04-03, into the Joyo Bank subsidiary “Joyo Lease,” and Joyo Lease was renamed “Mebuki Lease.” The source of succession is Ashikaga Credit Guarantee, not “Ashikaga Lease.” It is a business consolidation, not an equal merger.
  • FSA “On the certification of the business-restructuring plan of Ashikaga Bank Co., Ltd. and Kita-Kanto Lease Co., Ltd. under the Act on Special Measures for Industrial Revitalization” (2003-03-11) https://www.fsa.go.jp/news/newsj/14/ginkou/f-20030311-3.html (confirmed 2026-05-30) — The Ashikaga Bank-affiliated leasing company is “Kita-Kanto Lease Co., Ltd.” (capital of 145 百万円). The existence of an independent company called “Ashikaga Lease” is not confirmed
  • Japan Leasing Association regular-member list https://www.leasing.or.jp/about/mainmember.html (confirmed 2026-05-30) — For this group, only “Mebuki Lease Co., Ltd.” is listed. Joyo Lease / Ashikaga Lease / Ashikaga Credit Guarantee / Kita-Kanto Lease are currently not listed (consistent with the consolidation of the leasing function into Mebuki Lease)
  • National Tax Agency corporate-number publication site / national corporation list: Mebuki Lease Co., Ltd. (former Joyo Lease Co., Ltd.) https://houjin.jp/c/4050001001187 (confirmed 2026-05-30) — Established 1974-09, 2017-04-03 Joyo Lease → Mebuki Lease renaming. Confirms the continuity of the legal entity (no absorption-merger record of “Ashikaga Lease,” etc.)
  • Ashikaga Credit Guarantee → Mebuki Credit Guarantee renaming (Nikkei 2020-07 reporting / Mebuki FG group-company information, confirmed by search 2026-05-30) — 2020-10-01 Mebuki FG acquired all shares of Ashikaga Credit Guarantee and renamed it “Mebuki Credit Guarantee”; it is now a credit-guarantee specialist (the leasing business had been transferred to Mebuki Lease in 2017-04 )
  • Mebuki FG official IR (https://www.mebuki-fg.co.jp/) — As of 2026-05-30, the group-company / corporate-history page returned HTTP 403 from WebFetch (direct retrieval not possible; confirmed alternatively via the above Nikkei / official leasing corporate history)
  • Regional Banks Association of Japan (https://www.chiginkyo.or.jp/, coordinating-company information)
  • Wikipedia: Mebuki Financial Group (extracted 2026-05-24)

[!info] Verification status confidence: likely (FG leasing-subsidiary anchor created 2026-05-24; on 2026-05-30 the establishment history / Ashikaga-side leasing integration were re-verified against the official site, corporate registration, Nikkei, and the FSA). The mebuki-fg page = holding-company strategy is handled there, and this page handles the leasing-subsidiary operating boundary. The company overview (establishment 1974-09 / capital 1 億円 / employees approx. 80 名 / 2017-04-03 renamed from the former Joyo Lease) has been confirmed on the official site and the National Tax Agency corporate-number site. Correction point (2026-05-30): the old version’s framing of “established by an equal merger of Joyo Lease + Ashikaga Lease” is wrong. The correct account is a legal-entity-continuous renaming of “Joyo Lease (established 1974-09 ), whose shares were all acquired by Mebuki FG in 2017-04-03 and which was renamed.” ① There is no independent company called “Ashikaga Lease” (the Ashikaga Bank-affiliated leasing company was Kita-Kanto Lease, and in later years was operated by Ashikaga Credit Guarantee with seconded bank staff: confirmed by FSA 2003-03-11 and Nikkei 2017-03-07). ② However, the fact that on 2017-04-03 the leasing business of Ashikaga Credit Guarantee was consolidated and succeeded into Mebuki Lease can be confirmed (corroborated by Nikkei 2017-03-07 and the official corporate history’s opening of the Utsunomiya / Ashikaga sales departments). The previous “needs re-confirmation” that treated “the succession of the Ashikaga Credit Guarantee leasing business as unconfirmed” is resolved. Because it is an unlisted wholly-owned subsidiary, precise standalone financial KPI figures are not separately disclosed; the parent mebuki-fg securities report segment information should be referred to.