FinTech Global Incorporated [8789.T]
TOKYO, May 19 (Pulse News Wire) – FinTech Global Incorporated (8789.T) announced today that its subsidiary, aviner Co., Ltd., has resolved to sell aircraft leasing assets through a sale and leaseback arrangement. The transaction is expected to close within the third quarter of the fiscal year ending September 2026.
The sale price is anticipated to exceed the equivalent of the parent company's revenue from the previous fiscal year multiplied by 10%. Details of the buyer and the precise selling price remain confidential due to non-disclosure agreements. However, the company confirmed there are no capital or personal relationships between the seller and the buyer or their affiliates.
The impact on the consolidated operating profit is expected to be minor, but the deal is projected to contribute significantly to revenue, exceeding the equivalent of the parent company’s revenue from the previous fiscal year multiplied by 10%. These figures will be reflected in the revised forecast released on May 12, 2026. This strategic move aligns with aviner’s ongoing efforts to manage its portfolio efficiently by selling selected assets while maintaining asset management services post-sale.
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