Sumitomo Corporation (8053) M&A Presentation summary

Strategic alignment and growth objectives

• Acquisition aligns with the "Growth leveraged by strengths" theme in the Mid-Term Management Plan 2026, focusing on expanding competitive advantages and stable earnings in the leasing sector.

• Aircraft leasing is one of eight designated growth areas, with plans to accelerate new growth through digitalization and energy transformation.

• Business portfolio transformation is emphasized by reallocating management resources to high-potential sectors.

Commercial aviation strategy and capabilities

• Commercial Aviation SBU holds a leading domestic position in aircraft, engine, and helicopter leasing, aiming for global leadership.

• Operates the world’s second-largest aircraft leasing business, with a focus on young, new-technology aircraft and asset rotation.

• Promotes circular economy through parts reuse, recycling, and aftermarket business expansion.

Acquisition details and financial impact

• Agreement to acquire Air Lease Corporation (ALC) for approximately USD 7.4 billion (JPY 1.0878 trillion).

• Post-acquisition, ALC will be renamed Sumisho Air Lease Corporation, with a shareholding structure involving SC (37.505%), SMBC AC (24.99%), Apollo (18.7525%), and Brookfield (18.7525%).

• The acquisition strengthens the group’s position as one of the world’s largest aircraft servicers.