Boston Semi K.K. establishes partnership with Showa Leasing

BURLINGTON, USA & TOKYO, JAPAN: Boston Semi K.K., a subsidiary of Boston Semi Equipment LLC, has established a partnership agreement with Showa Leasing Co. Ltd (Tokyo, Japan), a member of the Shinsei Bank Group.

The partnership will focus on providing flexible financing to customers as well as the purchase and sale of equipment in the secondary market for semiconductor equipment.

“The relationship between Boston Semi K.K. and Showa Leasing further reinforces our commitment to doing business in Japan serving the Japanese semiconductor market. The combination of the BSE Group’s knowledge and experience in the secondary semiconductor equipment market and Showa Leasing’s financial knowledge and experience in the Japanese market will expand our semiconductor equipment business within the Japanese market,” stated Bryan Banish, Boston Semi K.K. representative director.

Showa Leasing, headquartered in Tokyo, has an excellent reputation as a general leasing company. Servicing its customers from 16 offices throughout Japan, Showa Leasing has wide coverage of the Japanese market.

“Our coverage of the Japanese market and the innovative approach to equipment financing we have developed over 40 years of serving our customers, is a synergetic combination with Boston Semi K.K.’s unique approach to the secondary market for semiconductor equipment,” said Akimasa Tsuchiya, president and CEO, Showa Leasing. “The partnership with Boston Semi K.K. combines the strengths of our companies and makes more equipment acquisition options available to semiconductor companies within Japan.”

Boston Semi KK and Showa are actively engaged in lease opportunities with Japanese companies.