Yamaguchi Leasing

Wiki route

This entry sits under the leasing-firms INDEX as the FG-subsidiary leasing operating-company anchor for Yamaguchi FG (YMFG). Read it against the Yamaguchi FG structure of 3 parent operating banks (Momiji Bank / Kitakyushu Bank / Yamaguchi Bank) and sibling subsidiary YM Securities. Peer comparison: Mebuki Lease (North Kanto) / Hamagin Finance (Kanagawa) / Chibagin Leasing (Chiba) / Hokkaido Leasing / Iyogin Leasing (Shikoku), as well as major lessors Mitsubishi HC Capital / Mizuho Leasing / Tokyo Century. For broader system routes, see regional-bank consolidation pattern, regional-bank API/digital partnership route, and banking index. Investable-universe context: Japan listed financial groups investable universe.

TL;DR

Yamaguchi Leasing Co., Ltd. (YM Lease) is a regional-bank-affiliated leasing company in the Yamaguchi FG (YMFG, TSE PRIME 8418) group. Backed by the 3-bank structure of Yamaguchi Bank, Momiji Bank (Hiroshima Prefecture), and Kitakyushu Bank (Kitakyushu, Fukuoka Prefecture), it provides equipment leasing, finance leasing, operating leasing, municipal leasing, medical leasing, auto leasing, and related services across its wide-area base in western Chugoku + Hiroshima + Kitakyushu (the Kanmon Strait economic zone). Its defining regional-bank-leasing model crosses prefectural borders and is backed by “3 banks, 3 brands.” ^•

1. Company overview

Source: YM Lease company overview and corporate history (legal entity, history, group relationships, and business overview in this table).

Ownership tree (simplified YMFG group chart)

YMFG (holding company, listed under 8418)
  ├── Yamaguchi Bank (100%) ── Yamaguchi Prefecture base, group origin, head office in Shimonoseki
  │     └── also has branches in the Kanmon area and northern Fukuoka
  ├── Momiji Bank (100%) ── Hiroshima Prefecture base, second-tier regional bank
  │     └── integration of former Hiroshima Sogo Bank + Setouchi Bank
  ├── Kitakyushu Bank (100%) ── Kitakyushu area of Fukuoka Prefecture, newly established 2011-10
  ├── YM Securities (100%) ── group securities
  ├── Yamaguchi Leasing (100%, this page) ── group leasing
  │     ├── wide-area equipment leasing across Yamaguchi Prefecture + Hiroshima Prefecture + the Kitakyushu area
  │     ├── manufacturing-equipment leasing in the Sanyo industrial belt (Shunan, Ube, and Tokuyama)
  │     └── logistics and municipal leasing in the Kanmon Strait economic zone
  ├── YM Career (100%) ── recruiting and staffing
  └── data and service subsidiaries, among others

Main business lines

Intra-group cross-links

Regional-bank leasing peer comparison

This comparison addresses only each company’s capital and accounting relationship; it does not infer geographic franchise, scale, or listing rank.

Yamaguchi Leasing operates in Hiroshima Prefecture through momiji-bank, but within the prefecture it competes for brokerage business with leasing affiliated with Hirogin HD, which is rooted in Hiroshima Bank. In the Kitakyushu area, its footprint overlaps with FFG-affiliated leasing (Bank of Fukuoka + former Shinwa + Kumamoto).

Competition with major lessors and specialist leasing firms

• Major lessors: Mitsubishi HC Capital / SMFL / Mizuho Leasing / Fuyo General Lease / Tokyo Century / Ricoh Leasing — advantaged in large-scale, nationwide, and complex transactions
• Manufacturer-affiliated lessors: Toyota Finance / NEC Capital Solutions / Showa Leasing / JA Mitsui Leasing — advantaged in product-linked areas (vehicles / office equipment / manufacturing equipment)
• In-prefecture competition: Saikyo Bank-affiliated leasing / Hiroshima Bank-affiliated leasing / FFG-affiliated leasing

Strengths and weaknesses

• Strengths: a wide-area base built on 3 banks and 3 brands (Yamaguchi + Hiroshima + Kitakyushu) + concentrations of manufacturers in the Sanyo and Kitakyushu industrial areas + an out-of-area partnership with Yokohama FG

Regulatory framework

• Supervisory authorities: Financial Services Agency (FSA) and Ministry of Economy, Trade and Industry
• Legal basis: leasing business (no banking license required under the Banking Act); money-lending registration obtained as necessary for factoring operations
• Parent-FG governance: as a consolidated subsidiary of yamaguchi-fg, it operates under holding-company governance and is positioned under rules for non-banking subsidiaries (principal business / ancillary business / scope-of-business restrictions)

Regulatory issues

• Lease accounting standard changes (IFRS16 / Japanese-standard revisions): support for lessees’ on-balance-sheet treatment (right-of-use assets and lease liabilities)
• Lease taxation for SMEs: support for using the SME Investment Promotion Tax System / Management Enhancement Tax System
• Environmental leasing (renewable-energy equipment / EVs): decarbonization-tax compliance and green-lease product development
• Installment Sales Act / Money Lending Business Act: clarification of applicability to factoring operations
• Anti-social-forces checks / anti-money-laundering measures: jointly implemented across the yamaguchi-fg group
• EDINET / securities reports: Yamaguchi Leasing is unlisted on a standalone basis and has limited disclosure; indirect disclosure is available through yamaguchi-fg consolidated segment information

Accounting treatment

• Standalone financial KPIs: partially disclosed in the parent yamaguchi-fg securities-report notes / segment information

Related

• yamaguchi-fg · momiji-bank · kitakyushu-bank · chiba-bank
• mebuki-lease · yokohama-bank-leasing · chibagin-leasing · hokkaido-lease · iyogin-leasing
• mebuki-fg · concordia-fg · yokohama-bank · iyogin-hd · shizuoka-fg · fukuoka-fg · hiroshima-bank
• mitsubishi-hc-capital · smfl · mizuho-lease · fuyo-lease · tokyo-century · ricoh-leasing
• ja-mitsui-leasing · nec-leasing · showa-leasing · toyota-finance · ibj-leasing · kanematsu-leasing
• regional-bank-consolidation-pattern · regional-bank-api-digital-partnership-route · INDEX
• japan-listed-financial-groups-investable-universe · INDEX
• leasing-firms INDEX

Sources

• YM Lease (Yamaguchi Leasing) official site — corporate history (https://www.ym-lease.co.jp/history.html, Yamaguchi Leasing established 1983-05 / renamed YM Lease 2014-04 / became a consolidated YMFG subsidiary 2014-12 / became wholly owned 2023-03)
• YM Lease official site — company overview (https://www.ym-lease.co.jp/about.html)
• Yamaguchi Bank official site (https://www.yamaguchibank.co.jp/, group-company information)
• Yamaguchi FG (YMFG) official IR (https://www.ymfg.co.jp/)
• EDINET securities reports (YMFG consolidated / segment information) (https://disclosure.edinet-fsa.go.jp/)
• Regional Banks Association of Japan (https://www.chiginkyo.or.jp/, affiliated-company information)
• Wikipedia: Yamaguchi Leasing / Yamaguchi Financial Group / Yamaguchi Bank / Momiji Bank / Kitakyushu Bank (extracted 2026-05-25)

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[!info] Verification status confidence: likely (FG leasing-subsidiary anchor created 2026-05-25). The yamaguchi-fg page covers the 3-bank, 3-brand holding strategy, while this page covers the leasing-subsidiary operating boundary. The establishment date (1983-05), name change (2014-04 to YM Lease), and transition to a wholly owned subsidiary (2023-03) have been confirmed in YM Lease’s official corporate history (sources below). For precise standalone financial KPIs, refer to the parent yamaguchi-fg securities-report segment information.