In our investment banking and investment operations, we are seeing an uptick in inquiries for business succession solution services through which we help client businesses troubled by succession issues by acquiring the business and for associated private equity investment opportunities. In the four years since we launched these operations, activities have grown into a core business, with interest coming from all across the country. The issue of business succession is not a fleeting problem but a situation that will stick around as it has appeared along with changes in Japan’s social structure. We believe there is considerable room for business expansion with emerging demand for even more solutions. Going forward, we will continue to create high added value by providing capital as an investor as well as solutions to facilitate business succession.
In activities other than business succession services, development is at various stages of growth. In asset management operations, the balance of assets under management is expected to rise as overseas institutional investors entrust us with capital for investment into residences and other investment targets. In addition, we are preparing for the start of crowd funding by drawing on skills and experience in real estate investment operations to present individual investors with online investment opportunities. In local issue solutions, where we extend financing and know-how to solve various issues at the community level, our emphasis will be on existing activities, including preparation of financial documents, as well as broader support for various projects. These efforts will be complemented by plans for businesses that support the introduction of renewable energy by local governments—another new growth area.
Through these approaches, we will help companies and local communities deal with prevailing challenges while pursuing our own business growth. Our commitment to stakeholders remains solid, and we ask for the continued understanding and support of stakeholders as we strive to realize our business goals.
January 4, 2024
Nobumitsu Tamai
President and Chief Executive Officer, FinTech Global Incorporated