FinTech Global Incorporated : Notice Regarding Sale of Aircraft Leased Asset by Subsidiary (97 KB)

About this update from Fintech Global Incorporated

UNOFFICIAL TRANSLATION The official press release is in Japanese. Company Name: FinTech Global Incorporated Representative: Nobumitsu Tamai, President and CEO Stock Listing: Tokyo Stock Exchange Standard Market Stock Code: 8789 Inquiries: Takashi Senda, Executive Vice President, Senior Executive Officer Tel: 03-6456-4600 Notice Regarding Sale of Aircraft Leased Asset by Subsidiary Tokyo, May 19, 2026-The Board of Directors at aviner & co., inc., (hereafter, "aviner"), a subsidiary of FinTech Global Incorporated (hereafter, "FGI"), resolved today that the company will sell an aircraft leased asset. Details are provided below. Particulars Reason for sale aviner's line of business involves holding leased assets through such methods as sale-and- leaseback of aviation assets, and then, when the time is right, selling a portion of its portfolio of assets under lease agreements to investors, and continuing to provide asset management services even after the sale of said leased assets. aviner has now decided to sell an aircraft leased asset acquired through a sale-and-leaseback transaction and under a lease agreement to an investor. The company plans to continue providing asset management services associated with the aircraft to the buying investor after sale. Buyer and sale price aviner will not reveal buyer identity, owing to a confidentiality agreement signed between the company and the buyer, but the sale price will be at least 10% of FGI's revenues in the previous consolidated fiscal year. FGI and subsidiaries of FGI have been involved in numerous transactions with the buyer or buyer-side related parties, but all transactions have been executed under fair conditions, and there are no capital or personnel relationships between the buyer side and FGI or subsidiaries. In addition, neither the buyer nor buyer-side related parties are considered to be related parties of FGI. Schedule Contract signing, aircraft delivery and the settlement date will all take place during the third quarter of the fiscal year ending September 30, 2026. Impact on business results Revenues from this sale are expected to be at least 10% of FGI's revenues in the previous consolidated fiscal year, but the impact on all profit levels from operating income on down will be minor. In addition, the impact of this sales has been factored into the full-year consolidated performance forecast ...

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