# C_2021205EN.01000501.xml

| 31.5.2021 | EN | Official Journal of the European Union | C 205/5 |
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31.5.2021

EN

Official Journal of the European Union

C 205/5

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Prior notification of a concentration

(Case M.10275 — SMFL/Yanmar/Yanmar Credit)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 205/05)

1.

This notification concerns the following undertakings:

| — | Sumitomo Mitsui Finance and Leasing Co., Ltd. (‘SMFL’, Japan), jointly controlled by Sumitomo Mitsui Financial Group, Inc. (Japan) and Sumitomo Corporation (Japan); |
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Sumitomo Mitsui Finance and Leasing Co., Ltd. (‘SMFL’, Japan), jointly controlled by Sumitomo Mitsui Financial Group, Inc. (Japan) and Sumitomo Corporation (Japan);

| — | Yanmar Holdings Co., Ltd. (‘Yanmar’, Japan); |
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Yanmar Holdings Co., Ltd. (‘Yanmar’, Japan);

| — | Yanmar Credit Service Co., Ltd. (‘Yanmar Credit’, Japan), currently controlled by Yanmar. |
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Yanmar Credit Service Co., Ltd. (‘Yanmar Credit’, Japan), currently controlled by Yanmar.

SMFL and Yanmar acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of Yanmar Credit.

The concentration is accomplished by way of purchase of shares.

2.

| — | SMFL offers a variety of financing services to its customers. Its core business is the provision of leasing services (financial leasing and operational leasing), rental services and installment sales services; |
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SMFL offers a variety of financing services to its customers. Its core business is the provision of leasing services (financial leasing and operational leasing), rental services and installment sales services;

| — | Yanmar is active in the sale of engines used in a wide range of applications, energy systems and generators as well as agricultural machinery, compact construction equipment, components and boats; |
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Yanmar is active in the sale of engines used in a wide range of applications, energy systems and generators as well as agricultural machinery, compact construction equipment, components and boats;

| — | Yanmar Credit offers financing services in Japan. |
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Yanmar Credit offers financing services in Japan.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10275 - SMFL/Yanmar/Yanmar Credit

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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