AIRA Capital Public Company Limited

AIRA Capital Public Company Limited (AIRA) has announced the appointment of Mr. Yoshito Kiso, an executive with over 28 years of experience in the AIFUL Corporation group under Muninova Holdings, as Chief Executive Officer of A&A Public Company Limited (A&A), a key joint venture of AIRA Group, effective September 1, 2026, to continue the vision of becoming the number one personal loan provider in Thailand. Mrs. Nalinee Ngamsaetmas, CEO of AIRA, stated that this appointment will strengthen the management team with the new CEO's expertise in strategy, marketing, and retail lending business, which will enhance A&A's competitiveness in developing products and services, expanding the customer base, and achieving strong performance. Currently, A&A operates retail lending through the "A money" cash card and regulated nano finance loans. A&A was established on December 24, 2014, with an initial registered capital of 1,000 million baht, as a joint venture between AIRA and Muninova Holdings, formerly AIFUL Corporation, a leading financial services provider in Japan.

Ms. Nalinee Ngamsethamas, Chief Executive Officer of Ira Capital Public Company Limited (AIRA), revealed that the company operates as a holding company and plans to list Ira Property (AIRA Property), which holds shares in the Spring Tower office building, on the stock exchange. It is expected that the filing of the registration statement or Form 56-1 will begin late next year, after the business starts generating profits. Meanwhile, AIRA is also expanding its real estate portfolio through a new hotel project on Silom Road with 301 rooms, which is expected to begin construction within this year and take about 2-3 years to develop. In addition, the company is considering bringing assets into a real estate investment trust (REIT) within the next two years. The financial business, which is a key business base, remains strong, with the joint venture Ira and Iful (A&A) generating profits of over 140 million baht in the first one to two quarters of this year.

AIRA Group, in collaboration with the Tokyo Stock Exchange, held a seminar to share perspectives on the Japanese stock market, which is being driven by the megatrends of AI and semiconductors. An executive from Japan Exchange Group noted that Japanese listed companies are placing greater emphasis on shareholders through increased dividends, share buybacks, and mergers and acquisitions. Meanwhile, Investment Lab pointed out that the Japanese stock market has delivered an average annual return of 13.4% over the past 15 years, and recommended that investors watch for opportunities in semiconductor manufacturers, companies adopting AI to enhance efficiency, and firms benefiting from AI replacing labor. Sumi Trust observed that global institutional investors still hold Japanese equities below their warranted allocation, reflecting potential for capital inflows into the Japanese market going forward. Panelists agreed that the Japanese stock market's uptrend is supported by fundamentals, including governance reforms, earnings growth, and global business expansion. Mr. Pairoj Luengthalermpong, Chief Executive Officer of AIRA Securities Public Company Limited, said that bringing together experts helps Thai investors access in-depth information to effectively formulate investment strategies in the Japanese stock market. He also recommended gradual investment through dollar-cost averaging and focusing on earnings fundamentals and governance rather than chasing stocks based on trends.