ORIX Corporation reported a strong year for the 12 months ended March 31, 2026. Total revenues rose 16% to ¥3,330,831 million and net income attributable to shareholders increased 27% to ¥447,265 million. Basic earnings per share grew to ¥400.27 and return on equity improved to 10.4%.
Total assets climbed 7% to ¥18,002,776 million and shareholders’ equity increased 10% to ¥4,482,500 million. The Board approved a share repurchase of up to approximately 9.1% of outstanding shares and set a record annual dividend of ¥156.10 per share, with a forecast of ¥187.36 for the next year. ORIX also expects an approximately ¥124.2 billion pre-tax gain in fiscal 2027 from the agreed sale of ORIX Bank Corporation and forecasts fiscal 2027 net income of ¥530,000 million, up 18.5%.
ORIX Corporation reported a strong year for the 12 months ended March 31, 2026. Total revenues rose 16% to ¥3,330,831 million and net income attributable to shareholders increased 27% to ¥447,265 million. Basic earnings per share grew to ¥400.27 and return on equity improved to 10.4%.
Total assets climbed 7% to ¥18,002,776 million and shareholders’ equity increased 10% to ¥4,482,500 million. The Board approved a share repurchase of up to approximately 9.1% of outstanding shares and set a record annual dividend of ¥156.10 per share, with a forecast of ¥187.36 for the next year. ORIX also expects an approximately ¥124.2 billion pre-tax gain in fiscal 2027 from the agreed sale of ORIX Bank Corporation and forecasts fiscal 2027 net income of ¥530,000 million, up 18.5%.
ORIX Corporation plans to transfer all shares of its consolidated subsidiary ORIX Bank Corporation to Daiwa Next Bank, a subsidiary of Daiwa Securities Group, for 370 billion yen, under a share transfer agreement signed on April 27, 2026.
ORIX Bank, a branchless internet-focused lender with strong positions in real estate investment loans and corporate lending to sectors such as renewable energy and logistics, will become a wholly owned subsidiary of Daiwa Next Bank. ORIX expects to record approximately 124.2 billion yen of income before tax in its consolidated results and about 318.4 billion yen in gains on sales of investments in affiliates as extraordinary income in its non-consolidated results for the fiscal year ending March 31, 2027. The share transfer is scheduled to be completed by October 2026.
ORIX Corporation plans to transfer all shares of its consolidated subsidiary ORIX Bank Corporation to Daiwa Next Bank, a subsidiary of Daiwa Securities Group, for 370 billion yen, under a share transfer agreement signed on April 27, 2026.
ORIX Bank, a branchless internet-focused lender with strong positions in real estate investment loans and corporate lending to sectors such as renewable energy and logistics, will become a wholly owned subsidiary of Daiwa Next Bank. ORIX expects to record approximately 124.2 billion yen of income before tax in its consolidated results and about 318.4 billion yen in gains on sales of investments in affiliates as extraordinary income in its non-consolidated results for the fiscal year ending March 31, 2027. The share transfer is scheduled to be completed by October 2026.
ORIX Corporation reports that an affiliate has signed an equity interest transfer agreement to sell 100% of IX NTI Holdings, LLC, the holding company for U.S.-based Network Connex, to NTI Buyer LLC, an Olympus Partners–affiliated special purpose company. IX NTI Holdings, invested in 2018 via ORIX Capital Partners, has supported add‑on acquisitions, organic growth and governance improvements, with Network Connex’s revenue reaching a record high in the previous fiscal year. ORIX will transfer its membership interest from 100.00% to 0.00%, so IX NTI Holdings will cease to be a specified subsidiary after closing, which is planned promptly once conditions precedent, including Hart‑Scott‑Rodino antitrust approvals, are satisfied. ORIX states that the gain on the sale cannot yet be reasonably estimated and that there is no revision to its consolidated earnings forecast for the fiscal year ended March 31, 2026.
ORIX Corporation reports that an affiliate has signed an equity interest transfer agreement to sell 100% of IX NTI Holdings, LLC, the holding company for U.S.-based Network Connex, to NTI Buyer LLC, an Olympus Partners–affiliated special purpose company. IX NTI Holdings, invested in 2018 via ORIX Capital Partners, has supported add‑on acquisitions, organic growth and governance improvements, with Network Connex’s revenue reaching a record high in the previous fiscal year. ORIX will transfer its membership interest from 100.00% to 0.00%, so IX NTI Holdings will cease to be a specified subsidiary after closing, which is planned promptly once conditions precedent, including Hart‑Scott‑Rodino antitrust approvals, are satisfied. ORIX states that the gain on the sale cannot yet be reasonably estimated and that there is no revision to its consolidated earnings forecast for the fiscal year ended March 31, 2026.
ORIX Corporation plans a simplified absorption-type company split to integrate its consolidated subsidiary Tsukuba Lease Corporation into ORIX and ORIX Auto Corporation. All lease and installment sales businesses of Tsukuba Lease, which generated revenues of JPY 1,701 million for the fiscal year ended March 2025, will transfer to the successor companies.
The board decided the split and subsequent dissolution/liquidation of Tsukuba Lease on April 13, 2026, with the split scheduled to take effect on August 1, 2026. ORIX will pay consideration based on the book value of Tsukuba Lease’s lease and installment receivables as of July 31, 2026. ORIX states there will be no change to its name, capital, or fiscal year-end, and it expects the impact on consolidated financial results to be immaterial.
ORIX Corporation plans a simplified absorption-type company split to integrate its consolidated subsidiary Tsukuba Lease Corporation into ORIX and ORIX Auto Corporation. All lease and installment sales businesses of Tsukuba Lease, which generated revenues of JPY 1,701 million for the fiscal year ended March 2025, will transfer to the successor companies.
The board decided the split and subsequent dissolution/liquidation of Tsukuba Lease on April 13, 2026, with the split scheduled to take effect on August 1, 2026. ORIX will pay consideration based on the book value of Tsukuba Lease’s lease and installment receivables as of July 31, 2026. ORIX states there will be no change to its name, capital, or fiscal year-end, and it expects the impact on consolidated financial results to be immaterial.
ORIX CORP director Stan Koyanagi has filed an initial ownership report showing that he holds 5,000 American Depositary Shares of ORIX CORP. This Form 3 filing records his existing stake as a director and does not disclose any recent share purchases or sales.
ORIX CORP director Stan Koyanagi has filed an initial ownership report showing that he holds 5,000 American Depositary Shares of ORIX CORP. This Form 3 filing records his existing stake as a director and does not disclose any recent share purchases or sales.
ORIX Corporation plans to transfer all of its equity interest in IX PUSG Holdings, LLC, the holding company for Peak Utility Services Group, Inc., to Seahawk Buyer, LLC, an entity affiliated with Greenbelt Capital Partners. An affiliate of ORIX signed the equity interest transfer agreement on March 10, 2026 (U.S. time), with the effective date tentatively set for April 2026, subject to customary conditions precedent including Hart-Scott-Rodino antitrust approval.
IX PUSG Holdings, a consolidated subsidiary established in 2018, had paid-in capital of USD 312.7 million and generated revenue of USD 351.3 million in FY24. Following the transaction, ORIX’s membership interest in IX PUSG Holdings will decrease from 100.00% to 0.00%, so the entity will cease to be a specified subsidiary. ORIX states that the impact of this divestment on its consolidated results for the current and next fiscal year is expected to be immaterial.
ORIX Corporation plans to transfer all of its equity interest in IX PUSG Holdings, LLC, the holding company for Peak Utility Services Group, Inc., to Seahawk Buyer, LLC, an entity affiliated with Greenbelt Capital Partners. An affiliate of ORIX signed the equity interest transfer agreement on March 10, 2026 (U.S. time), with the effective date tentatively set for April 2026, subject to customary conditions precedent including Hart-Scott-Rodino antitrust approval.
IX PUSG Holdings, a consolidated subsidiary established in 2018, had paid-in capital of USD 312.7 million and generated revenue of USD 351.3 million in FY24. Following the transaction, ORIX’s membership interest in IX PUSG Holdings will decrease from 100.00% to 0.00%, so the entity will cease to be a specified subsidiary. ORIX states that the impact of this divestment on its consolidated results for the current and next fiscal year is expected to be immaterial.
ORIX Corporation completed a major share repurchase program and moved to cancel a large block of its own shares. In February 2026, it bought back 4,181,800 common shares for JPY 21,915,348,200 through market purchases under a discretionary dealing contract.
Cumulatively through February 27, 2026, ORIX repurchased 38,206,600 shares for JPY 149,999,979,400 under a Board-authorized program allowing up to 60,000,000 shares and JPY 150 billion from May 19, 2025 to March 31, 2026. The company also decided to cancel 38,855,620 common shares on March 10, 2026, following a policy to limit treasury stock to about 2% of issued shares.
ORIX Corporation completed a major share repurchase program and moved to cancel a large block of its own shares. In February 2026, it bought back 4,181,800 common shares for JPY 21,915,348,200 through market purchases under a discretionary dealing contract.
Cumulatively through February 27, 2026, ORIX repurchased 38,206,600 shares for JPY 149,999,979,400 under a Board-authorized program allowing up to 60,000,000 shares and JPY 150 billion from May 19, 2025 to March 31, 2026. The company also decided to cancel 38,855,620 common shares on March 10, 2026, following a policy to limit treasury stock to about 2% of issued shares.
ORIX Corporation reported sharply stronger results for the nine months ended December 31, 2025. Total revenues rose 12% to ¥2,408,910 million, while income before income taxes increased 48% to ¥567,719 million. Net income attributable to ORIX shareholders grew 43% to ¥389,675 million, lifting basic earnings per share from ¥237.46 to ¥347.14.
Profit growth was driven by higher gains on investment securities and dividends, including gains from transferring shares of Greenko Energy Holdings, stronger life insurance premiums and investment income, and higher service income. Segment profits rose 40% to ¥596,444 million, with especially large increases in Environment and Energy and PE Investment and Concession.
ORIX’s financial position also improved. Total assets increased to ¥18,125,609 million and shareholders’ equity rose 12% to ¥4,584,992 million, boosting the shareholders’ equity ratio to 25.3%. The company plans an interim dividend of ¥93.76 per share and targets an annual dividend of at least ¥120.01, with a payout ratio guideline of 39%.
ORIX Corporation reported sharply stronger results for the nine months ended December 31, 2025. Total revenues rose 12% to ¥2,408,910 million, while income before income taxes increased 48% to ¥567,719 million. Net income attributable to ORIX shareholders grew 43% to ¥389,675 million, lifting basic earnings per share from ¥237.46 to ¥347.14.
Profit growth was driven by higher gains on investment securities and dividends, including gains from transferring shares of Greenko Energy Holdings, stronger life insurance premiums and investment income, and higher service income. Segment profits rose 40% to ¥596,444 million, with especially large increases in Environment and Energy and PE Investment and Concession.
ORIX’s financial position also improved. Total assets increased to ¥18,125,609 million and shareholders’ equity rose 12% to ¥4,584,992 million, boosting the shareholders’ equity ratio to 25.3%. The company plans an interim dividend of ¥93.76 per share and targets an annual dividend of at least ¥120.01, with a payout ratio guideline of 39%.
ORIX Corporation reported updated progress on its ongoing share repurchase program. From January 1 to January 31, 2026, the company repurchased 4,407,600 common shares through market purchases for a total of JPY 20,814,569,100 under a discretionary dealing contract.
Under the Board-approved program, ORIX may buy back up to 60,000,000 shares (about 5.4% of outstanding shares excluding treasury) for up to JPY 150 billion between May 19, 2025 and March 31, 2026. Cumulatively, as of January 31, 2026, ORIX has repurchased 34,024,800 shares for JPY 128,084,631,200.
ORIX Corporation reported updated progress on its ongoing share repurchase program. From January 1 to January 31, 2026, the company repurchased 4,407,600 common shares through market purchases for a total of JPY 20,814,569,100 under a discretionary dealing contract.
Under the Board-approved program, ORIX may buy back up to 60,000,000 shares (about 5.4% of outstanding shares excluding treasury) for up to JPY 150 billion between May 19, 2025 and March 31, 2026. Cumulatively, as of January 31, 2026, ORIX has repurchased 34,024,800 shares for JPY 128,084,631,200.
ORIX Corporation is reshaping its leadership and structure. The Board has decided to appoint Hidetake Takahashi, currently President and Chief Operating Officer, as President and Chief Executive Officer effective January 1, 2026. Makoto Inoue, now Chairman and Chief Executive Officer, will step down from these roles and is expected to become Corporate Advisor after the 63rd Annual General Meeting of Shareholders scheduled for June 2026.
Alongside these changes, ORIX is implementing a wide-ranging organizational reform. The Group Strategy Business Unit, Corporate Function Unit and Legal Function Unit will be abolished, and new groupings such as the Japan & APAC Business Unit, Infrastructure Business Unit, USA & Europe Business Unit, Digital Innovation Unit, Corporate Strategy and Management Unit, HR and Administration Unit, Risk Management Unit and Legal and Compliance Unit will be established, realigning regional, functional and risk oversight responsibilities to support long-term growth.
ORIX Corporation is reshaping its leadership and structure. The Board has decided to appoint Hidetake Takahashi, currently President and Chief Operating Officer, as President and Chief Executive Officer effective January 1, 2026. Makoto Inoue, now Chairman and Chief Executive Officer, will step down from these roles and is expected to become Corporate Advisor after the 63rd Annual General Meeting of Shareholders scheduled for June 2026.
Alongside these changes, ORIX is implementing a wide-ranging organizational reform. The Group Strategy Business Unit, Corporate Function Unit and Legal Function Unit will be abolished, and new groupings such as the Japan & APAC Business Unit, Infrastructure Business Unit, USA & Europe Business Unit, Digital Innovation Unit, Corporate Strategy and Management Unit, HR and Administration Unit, Risk Management Unit and Legal and Compliance Unit will be established, realigning regional, functional and risk oversight responsibilities to support long-term growth.