Leasing & Finance

Operating lease

Residual value setting type
Cancelable type

Overview

This option lets customers create a cancelable operating lease.
If within a year of accepting the property, the customer can cancel the lease after paying the difference adjustment amount.
* Difference adjustment amount = Property price x 85% - the leasing fee paid so far

The difference adjustment will be 85% of the property price minus the lease payments already paid.

Business model

① Conclude a lease contract between the customer (user) and NTT TC Leasing ② Conclude a sales contract between the sales company (seller) and NTT TC Leasing ③ Delivery of the property from the sales company (seller) to the customer (user). ④ Payment of lease fee from customer (user) to NTT TC Leasing ⑤ NTT TC Leasing (owner) pays the property price to the sales company (seller).

Important notes

Under the model above, cancellations are in principle prohibited from the second year onwards, and such cancellations will require the customer to pay the outstanding leasing fees as a cancellation fee.
As a general rule, customers who will be affected by the new lease accounting standards are eligible.
Customers are advised to check with their auditors in advance, as the customer will be responsible for making any decisions related to an operating lease.
Other options regarding cancellation may be considered on a case-by-case basis.

For first-time customers: Leasing services at NTT TC Leasing