CSI Leasing expanded its operations in the Asia-Pacific region by opening a subsidiary in Japan. This expansion follows the recent launch of CSI Leasing India in November 2020. The company now has seven leasing subsidiaries in the Asia-Pacific region and services customers in more than 40 countries worldwide.

The new entity, CSI Leasing Japan, will immediately begin servicing CSI’s existing portfolio of global customers with subsidiaries in Japan and will seek new business with companies headquartered there as well. CSI’s parent company, Tokyo Century, and its network of global subsidiaries also will offer CSI’s technology leasing expertise to its own customer base.

“CSI has several customers with operations in Japan. This new subsidiary is first and foremost driven by the demand from those existing customers. That, along with Tokyo Century’s continued support and exposure to their clients, will provide substantial opportunities for CSI to grow its already significant multi-national customer base,” Steve Hamilton, chairman and CEO of CSI Leasing, said. “A subsidiary in Japan will allow us to provide an even more seamless experience to our global customers.”

Cheng Chiin Ong, CSI Leasing’s current managing director and CEO of the Asia-Pacific region, will manage the new subsidiary. Cheng Chiin has been with CSI for 10 years and has more than 20 years of leasing experience. She has a track record of leading in the region, including CSI’s subsidiaries in Malaysia, Singapore, China and Hong Kong.

“I am thrilled at the opportunity to lead this expansion to Japan,” Cheng Chiin said. “With the continued support from colleagues at Tokyo Century, along with support from the entire global CSI team, I am confident we will thrive in the Japanese market. CSI is known for lease structure flexibility and I believe many of our offerings will be new and beneficial for those in the region.”