Commencement of a Finance Scheme for Semiconductor Manufacturing Equipment
Sumitomo Mitsui Financial Group, Inc. (“SMFG,” President and Group CEO: Toru Nakashima) is pleased to announce that its subsidiary, Sumitomo Mitsui Banking Corporation (“SMBC,” President and CEO: Akihiro Fukutome), in collaboration with SMFL MIRAI Partners Company, Limited ("SMFL MP," President: Akira Ueda, a subsidiary of Sumitomo Mitsui Finance and Leasing Company, Limited (President: Masaki Tachibana), has released a new finance scheme for supporting capital investment in semiconductor manufacturing equipment(*).
In this new scheme, SMFL MP will leverage its expertise in the valuation of semiconductor manufacturing equipment through its business in the secondary equipment market, collaborating with Gordon Brothers Japan Co., Ltd. (President: Hideaki Horiuchi), a leading company in the movable property business, to conduct valuations of semiconductor manufacturing equipment.
SMBC will structure the financing based on the valuations, while SMFL MP will be responsible for monitoring the equipment throughout the financing period, ensuring its operational status. This scheme is expected to enable customers utilizing it to expand their financing capacity by leveraging the value of the equipment.
Notably, this scheme was first applied in a loan agreement concluded in September 2024 between Kioxia Holdings Corporation and Kioxia Corporation, and a syndicate of banks including SMBC.
SMFG remains committed to contributing to the resolution of customer challenges by providing innovative solutions that harness the full strength of the Group in the semiconductor industry, which is anticipated to experience further growth.
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