Loans to Thai Subsidiary of Tokyo Century Corporation Based on Investment Credit Line
Supporting Overseas Deployment of Japanese Energy‑Efficient Equipment Through Finance Lease

• Region: Asia
• Manufacturing and Services
• Overseas Investment Loans

1. The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed on March 30 two loan agreements with TISCO Tokyo Leasing Co., Ltd. (TTLCL), a Thai subsidiary of Tokyo Century Corporation, amounting to up to USD22,561 (JBIC portion) and USD75,610 (JBIC portion), respectively. The loans are extended under JBIC’s GREEN operations^*1 and co-financed with Mizuho Bank, Ltd.
     
2. The loans are based on an investment credit line^*2 established between JBIC and TTLCL to support energy conservation initiatives in Thailand. They are intended to finance the provision of finance leases by TTLCL to local companies in Thailand for energy-saving equipment manufactured by MAYEKAWA MFG. CO., LTD. (Mayekawa).
     
3. Under the Asia Zero Emissions Community (AZEC), which is led by the government of Japan and aims to pursue carbon neutrality and economic growth tailored to the circumstances of each country, the AZEC-Smart and Advanced Value-chain for Environment (AZEC-SAVE) platform was launched in Thailand on April 29, 2025. These loans represent the first case financed by JBIC under the AZEC-SAVE platform.
     
4. By providing long-term financing to TTLCL, which provides finance leases in Thailand for energy-saving equipment manufactured by Japanese companies, the loans contribute toward environmental protection and energy conservation initiatives in the country. The loans will also promote the sales of Japanese equipment manufactured by Mayekawa and support its overseas business development. In addition, the project financed by the loans has been selected under the subsidies for Global South Future-Oriented Co-Creation Project  in the FY2024 Supplementary Budget , implemented by the Ministry of Economy, Trade and Industry, and aligns with the initiatives of the Japanese government.
     
5. As Japan’s policy-based financial institution, JBIC will continue to provide financial support for initiatives aimed at global environmental preservation, and the overseas business development of Japanese companies, by drawing on its various financial facilities and schemes for structuring projects.
     

Note

1. *1 
   See Announcement on July 2, 2018.
2. *2 
   See Press Release on July 15, 2025.