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JA Mitsui Leasing enters Malaysia market

JA Mitsui Leasing Ltd. is setting up a Malaysia office with an aim to launch a corporate entity in the Southeast Asian country next fiscal year, The Nikkei reported Oct. 2.

JA Mitsui is accelerating its expansion in the region amid intensifying domestic leasing competition due to Japan's low interest rates, according to the publication. The company intends to service non-Japanese companies in semiconductor-related sectors in Malaysia.