#Japan #auto sales #Chiba #Otoron Cars #Chiba Gin Lease

Launch of a New Collaboration Initiative

Chiba Gin Lease Co., Ltd. (headquartered in Chiba City, Chiba Prefecture), led by President Masayuki Sugihara, has recently announced its partnership with Otoron Cars Co., Ltd. (based in Shinjuku, Tokyo, and headed by President Seiichi Yoshitake). This collaboration will focus on vehicle repairs and the buying and selling of lease-end vehicles. The objective is to utilize both companies' strengths and expertise to enhance the re-circulation value of leased vehicles.

Background and Purpose

The used car market has recently faced a shortage of available vehicles for sale, leading to increased demand and higher pricing. In this context, ensuring stable supply and promoting the re-circulation of high-value vehicles have become essential.

In response to this market trend, Chiba Gin Lease has been proactive in expanding sales channels for lease-end vehicles. This includes responding to market changes and exploring new avenues for growth beyond existing operations.

After considerable evaluation, Chiba Gin Lease has decided to collaborate with Otoron Cars, which boasts significant expertise and proven success in the areas of used vehicle repairs and transactions. By utilizing mutual knowledge, this partnership aims to facilitate smoother supply of lease-end vehicles into Otoron’s sales network. This is expected to optimize the supply chain within the used car market and enhance the profitability of Chiba Gin Lease.

Otoron Cars, as a subsidiary of Autobacs Seven Co., Ltd. (also based in Koto, Tokyo), operates an extensive network of used car dealerships across the country, focusing on direct loan sales. With proprietary sales and credit assessment know-how and access to large-scale maintenance facilities, Otoron ensures high vehicle quality and has built a solid record of sales among a diverse customer base.

Collaboration Details

• - Repair of lease-end vehicles: The partnership will focus on the repairs of vehicles that have completed their lease agreements.
• - Buying and selling of vehicles: Co-operation in the procurement and sale of these lease-end vehicles.

Start Date of Collaboration

The collaboration is set to begin on June 30, 2026.

Company Overview

Otoron Cars Co., Ltd.

• - Location: 3-5-1 Nishi-Shinjuku, Shinjuku Centerland Building, Tokyo
• - Representative: President Seiichi Yoshitake
• - Business Activities: Automotive purchase support and used vehicle estimation and purchasing
• - Website: Otoron Corporate

Chiba Gin Lease Co., Ltd.

• - Location: 8F Chiba Gin Makuhari Building, 1-10-2 Nakase, Mihama Ward, Chiba City
• - Representative: President Masayuki Sugihara
• - Business Activities: Vehicle leasing and leasing of information and telecommunication equipment as well as industrial machinery
• - Website: Chiba Gin Lease