This translation of the Press Release was prepared for reference purposes only. Should there be any inconsistency between the translation and the original Japanese document, the latter shall prevail.
May 30, 2023
Broadleaf Co., Ltd.
Broadleaf Co., Ltd. (Head Office: Shinagawa-ku, Tokyo; Representative Director and President: Kenji Oyama; hereinafter referred to as “Broadleaf”) has linked the loan linkage function*1 in its cloud service launched in June 2022 to the “CS.NS” Series, a solution for car dealers developed and provided by Broadleaf in collaboration with Toyota Finance Corporation (Head Office: Nagoya-shi, Aichi; Representative Director and President: Toshiyuki Nishi; hereinafter referred to as “Toyota Finance”).
This linkage enables users to use Toyota Finance loan product “Mμ-Way” from the “CS.NS” Series via the “Broadleaf Cloud Platform.”
*1. Broadleaf press release: 2022/06/01-Collaboration with Toyota Finance to equip Broadleaf's cloud services with loan linkage function
*2. Broadleaf press release: Notice of Formulation of Medium-Term Management Plan (2022-2028)
[About this linkage function]
Unlike traditional linkage functions with credit companies, this loan linkage function released in June last year is built on the “Broadleaf Cloud Platform” and provides a service which links Broadleaf’s cloud service to the “Auto Finance Platform,” which aims to provide a variety of finance services for mobility businesses to enable the management of loan information (including information on franchise application/registration to credit companies, loan estimation/application, examination status check, and car owners’ loan contracts) in order to improve the operational efficiency.
This linkage function links the “Auto Finance Platform” to the “CS.CN” Series, a solution for car dealers, to allow for completing the input work for loan application and the loan information management on the cloud, simplifying the paperwork and reducing the time to closing the contract.
<Main functions>
Below are the main functions of this linkage.
(1) Franchise management: Enable franchise application to credit companies, changing information, and terminating contract
(2) Loan application: Enable loan estimation and application, checking examination status, and Web closing/electronic submission
* Paper contracting is also possible
(3) Result management: Enable checking payment from loan companies
<About Toyota Finance “Mμ-Way”>
“Mμ-way” is a loan product that can be used when car owners purchase a vehicle, which meets the needs for consumers of a wide range of generations. Payment terms can be set according to their life style.
Broadleaf will further expand and improve the auto finance platform services, promote the collaboration and linkage with a variety of partner companies, and accelerate the diversification of the platform services based on the “Broadleaf Cloud Platform” in order to contribute to a society where people can live a more comfortable and satisfying life.
<About “Auto Finance Platform”>
The “Auto Finance Platform” is a platform service built on the “Broadleaf Cloud Platform,” which aims to provide a variety of finance services in a one-stop fashion for Broadleaf’s cloud service users involved in the mobility-related businesses, including auto maintenance shops, sheet metal shops, and used car dealers, and we will create new finance services and promote the collaboration and linkage with partner companies.
<About “Broadleaf Cloud Platform”>
“Broadleaf Cloud Platform” is a cloud-based common platform to drive IT innovation. It is characterized by the collection, high-speed search, and analysis of large amounts of data, rapid service implementation using built-in plug-ins, and high scalability to cope with the scale of use. All cloud and platform services provided by Broadleaf are built on the “Broadleaf Cloud Platform.”
We will collaborate with a variety of partner companies across industries and sectors to provide new business opportunities and innovative services utilizing automotive-related big data infrastructure.
[About Broadleaf Co., Ltd.]
Broadleaf provides IT solutions that turn environmental changes into business opportunities. As a unique platform company in the mobility industry, Broadleaf develops marketplace-type services in addition to SaaS. Our proprietary cloud-based common platform is highly scalable. We aim to ensure that our SaaS will continue to evolve and transform into a digital business platform that brings together a wide range of players.