The FGI Group has always operated in the finance business, with a focus on investment banking.
But what is the finance business really? Originally, it was supposed to support corporate growth through investments
and loans and other financial products and services and thereby facilitate actual activities, that is, production, assembly or distribution.
However, the risks that financial product and service providers now face,
given deepening financial instability in Europe while companies are still reeling from the global crisis triggered by the Lehman Shock,
are becoming much more pronounced.
In recent years, FGI has minimized consolidated borrowings and non-performing assets and,
returning to the shareholders’ equity level of six years ago, has become a company with consolidated net assets of about ¥5 billion.
Wondering which direction would be best to take given our new starting point, we reached a simple conclusion:
grow and develop as a company that exemplifies the role of finance without relying on the old market.
Our emphasis is now to identify companies, one by one, and steadily nurture these companies, which is exactly what a finance business should do.
Many of the companies that members of the Group are supporting or expect to support have tremendous growth potential and latent expertise.
I believe that our involvement, big or small, will contribute to growth, not only for these companies but also for the Group.
FGI will vigorously strive to fulfill its responsibilities as a financial company to nurture businesses that require its expertise.
I believe we will see results from this emphasis.
Know that all FGI executives will do their utmost to support the companies tapped for financial support in the true sense of finance business.
Nobumitsu Tamai
President and CEO, FinTech Global
