Resona Holdings, Inc. (TSE:8308) entered into a share purchase agreement to acquire additional majority stake in Shutoken Leasing Co., Ltd. and Daiwa Factor & Leasing Co., Ltd. from Mitsubishi HC Capital Inc. (TSE:8593) for ¥11.1 billion on November 8, 2023. For the period ending March 31, 2023, Shutoken Leasing Co., Ltd. and Daiwa Factor & Leasing Co., Ltd. reported combined revenues of ¥63.7 billion, operating income of ¥2.9 billion, net income of ¥1.9 billion, total assets of ¥222.5 billion and net assets of ¥20.5 billion. The transaction is expected to complete as of January 4, 2024.