Overseas Business

With Japan’s loan market expected to mature over the long term due to the progression of population aging and declining birth rates, a business model focused solely on the domestic market is unlikely to sustain the level of asset growth and profitability targeted by the Muninova Group. In anticipation of these structural changes, the Group began expanding overseas in 2014, with a primary focus on ASEAN countries.

The ASEAN region is currently experiencing rapid economic growth, similar to Japan’s period of high economic expansion, and the Group aims to leverage the management expertise accumulated over the past 50 years to drive business performance. Over the long term, the Group seeks to achieve a profit contribution ratio of 50:50 between domestic and overseas operations. By expanding its overseas business portfolio, the Group will continue to contribute to sustainable growth across the entire organization.