GROUP DYNAMICS

Introduction to the ORIX Group

 Bringing our society
”alive”
At ORIX we're helping create a vibrant society by giving new energy
to the economy and people's lives.
We're working to understand our customers as deeply as possible
so we can assist them with all of their needs and challenges in life,
and in doing so build truly reliable relationships.
We aspire to be a source of discovery and joy by working closely
with specialists from many different fields and
offering ideas from a unique perspective.
Every day we're dedicated to providing the best service and
most thorough attention so that we'll always be
the top choice for our customers.
Bringing our society “alive”
—this is ORIX's continuing challenge.

01 G R OU P D YNA MIC S
History

Business Profile
ORIX has a history of continuing
to bring society “alive”
Introducing Leasing as a New Financing Method to Japan,
1964 Achieving Autonomy and Independence
Introduction of the new financial method of “leasing”
in Japan, which was practiced in the United States.
Gradually the Company shifted its sales approach
1970 from sales through its shareholders, such as trading
companies and banks, to direct sales. In April 1970, six

Services
years after its establishment, ORIX listed its stock on
the second section of the Osaka Securities Exchange,
and then in 1973 on the first sections of the Tokyo,
the Osaka, and the Nagoya Stock Exchange. We were
the first company in the leasing industry to be listed
Orient Leasing Co., Ltd. (now ORIX Corporation) on the first section of the securities exchanges, paving
was established the way for our autonomy and independence.

1980
B us i n e s s D i v e r s i fi c a ti o n an d O ve r s e as Ex p an s i o n
Using its leases for facilities and machinery in Japan as
a starting point, the Company expanded its
operations into neighboring fields such as
automobile, aircraft, and ship leases, as well as
measurement equipment rental. Moreover, in 1971,
we established our first overseas subsidiary in Hong
Kong, the initial step in an overseas expansion
program that has since proceeded at a pace of
around one country per year. In 1989, the Company
1990 marked its 25th anniversary by introducing a Group
corporate identity, and the company name was
Established a local subsidiary in Pakistan changed to ORIX.

Ac c e l e r a ti n g G r o w th thr o u g h M &A s ,
E xp a n d i n g th e F i n a n c e -Re late d Bu s i n e s s
ORIX was one of the first companies to emerge from
the shadow of the economic bubble burst and
evolved into a diversified financial services provider
through M&As and other activities. As we moved into
2000 new fields such as housing loans, and retail, we also
entered the life insurance and banking industries. In
addition, we have expanded our business fields to
include investment and servicing operations such as
business rehabilitation, as well as real estate
development and facilities operation business,
The Kyoto Aquarium, operated by acquiring expertise in these fields along the way.
ORIX Aquarium Corporation

2010 Mov i n g o n to A Ne w S tag e , Th e Ne x t 5 0 Ye ar s an d Fu r th e r

Since the Global financial crisis, ORIX has used
financial knowledge to strengthen our business
operations and asset management. In 2016, Kansai
Airports was established by a consortium led by ORIX
and VINCI Airports. The company began operating
Kansai International Airport, Osaka International
Airport, and Kobe Airport.
We are striving to keep adapting to ever-changing
business environments and customer needs while
creating new value.
Kansai International Airport,
2020
operated by Kansai Airports

GR O UP D Y NAMICS 02
 Expansion of Business

ORIX by the Numbers

History Number of Group Employees
Since the introduction of a new

56 31,233
financial method called leasing in Starting with 13 employees,
Japan in 1964, ORIX has provided a ORIX has grown into a
years variety of advanced services. company that currently
employs approximately
Japan: 31,000 people worldwide.
Net Income (consolidated)
23,455
302.7 billion yen
(fiscal year ended March 2020)
Overseas:
7,778

Expanding into Neighboring Business Fields and Beyond

ORIX is a financial services group that continuously pursues new business
and provides cutting-edge products and services.
ORIX started in 1964 as a leasing business and expanded into neighboring fields.
We are currently active in lending, investment, life insurance, banking, asset management,
finance skills
Credit screening and

automobile-related, real estate, environment and energy-related businesses,

and other business fields.

1983｜Investment
1973｜Lending ・Private equity investment
・Business revitalization support
・Corporate finance ・Bond investment
・Housing loans ・Venture capital
・Card loans
1964｜Leasing
Leasing ・Machinery and
equipment leasing
1971｜Ships 1978｜Aircraft
・Leasing and rental of precision
measuring equipment and ・Ship leasing ・Aircraft leasing
information-related ・Ship investment ・Aircraft investment
equipment ・Asset management ・Asset management
tangible assets
Expertise in handling

1973｜Automobiles 1986｜Real Estate

・Maintenance leasing ・Real estate development and
・Car rental rental
・Car sharing ・Facility operation
・Vehicle management ・Asset management
・Investment and advisory services

03 G R OU P D YNA MIC S
 Business Profile
Segment (Operating) Assets (consolidated) Number of Group Companies

10,906 billion yen

 (fiscal year ended March 2020) Consolidated Companies: 923 ;

204

Services
Affiliates:

Global Network Locations

Since entering Hong

37 1,429 739
Kong in 1971, we have
countries expanded our overseas
and regions network. Japan: ; Overseas:
* Unless otherwise indicated, information contained is based on data as of March 31, 2020

2010｜Asset Management

1998｜Banking 2014｜Business Software

・Accounting support
・Online lending

1991｜Life Insurance

1999｜Loan Servicing
・Loan servicing (asset recovery)
・Non-performing loan investment

2014｜Agriculture Business

1995｜Environment and Energy

・Waste disposal and recycling
・Energy conservation
・Renewable energy
2016｜Concession
・Electric power generation
・Airport operation
・Storage batteries
・Sewage treatment plant management

GR O UP D Y NAMICS 04
 ORIX’s Strength

Combining a Range of Services to Provide Solutions

Tailored for Customers

Ne t work

Globe-Spanning
Customer Base
ORIX conducts business globally, with sites in
37 countries and regions around the world,
including Japan (1,429 sites in Japan, 739 sites
overseas).

Ex p e rt i s e

Diverse Specializations
Through financing, ORIX has acquired
specialized knowledge in areas, such as
accounting, taxes, and legal matters, as well as
expertise in various industries including
automobiles, real estate, the environment,
and energy.

Te amwork

Cooperation with Companies

and Departments
By promoting collaboration that breaks down
barriers between Group companies and
departments, ORIX is able to provide optimal
solutions that meet customer needs.

■ Brand Slogan At ORIX Group, certain things are naturally inherited, regardless of the
passage of time or personnel changes. One of these unchangeable
factors is our approach to “breakthroughs.” It is our innate approach to
think through a problem to provide an answer that matches our clients’
needs. We share this approach with all customers, and it is manifested in
our brand slogan, “Answers, Custom Fit.”

05 G R OU P D YNA MIC S
 Business Profile
09 Corporate Financial Business and Services 15 Industrial/ICT Equipment-Related Business and Services
ORIX identifies the needs and By providing not just machinery,
management issues of customers but also combining it

Services
through transactions on our with technology and know-how,
nationwide sales and marketing ORIX is contributing to solving
network to provide the optimal manufacturing worksite and
solutions through teamwork. information and communication
technology (ICT) environment problems.

17 Environment and Energy Business and Services 19 Automobile-Related Business and Services
ORIX comprehensively provides ORIX is developing a total
various functions as an Eco automobile service business ranging
Services Integrator to support from leasing, rental car, and car
customers reducing carbon sharing services to used car sales and
emissions and energy costs. vehicle management services.

Bringing our society “alive”

21 Real Estate-Related Business and Services 25 Other Business and Services
ORIX engages in a variety of ORIX responds to societal needs
businesses ranging from facility in areas such as the concession
operation to real estate business exemplified by
investment and development, operation of Kansai
housing-related business, and International Airport as well as
real estate asset management. agriculture and medical services.

27 Customer Finance Business and Services 29 Overseas Business and Services

ORIX engages in the life ORIX has a network spanning 37
insurance, banking, home loan, countries and regions worldwide.
and card loan businesses to We provide a wide range of
provide distinctive services that services to meet the needs of each
leverage its expertise. country in fields such as leasing,
financing, investment, asset
management, and other fields.

■ Origin of ORIX
ORIGINAL X
The name “ORIX” stems from a combination of the word
creativity ∞：infinity
“ORIGINAL” signifying creativity, and “X (or infinity)” representing
flexibility and diversity.
The multiple lines that run diagonally symbolize our group companies,
The name signifies our pioneering pursuit of innovation and united for a single goal and leaping forward into the future. The sphere on
organic unity of the Group. the line represents a globe, signifying a global expansion of the Group.

GR O UP D Y NAMICS 06
 Introduction of Businesses and Services

Index by Topics
Conducting Business and Providing Services Tailored for Customers
ORIX provides solutions tailored for customers through combinations of ORIX businesses and services in various fields. This
index can be used to search for solutions in the eight segments as well as from the perspective of five issues the customers
face: asset procurement, capital procurement, business support, operations support, and employee benefit programs.

▼ Search by Service ▼ Service Lineup

Asset Capital Business Operations Employee
Page Procurement Procurement Support Support Benefit Programs

Leasing ● ●
Sales Finance ●
Payment Consignment P.09 ●
Lending ●
Factoring (Purchase of Receivables) ●
Life Insurance Sales ● ●
Accident Insurance Sales P.10 ● ●
Corporate
Corporate Pension Services ● ●
Financial Business
and Services Private Equity Investment ● ●
P.11
Venture Capital ● ●
Business Succession Support P.12 ● ●
Promissory Note Reduction System “e-Cash discount” ●
Mobile Payment Service P.13 ● ●
“Flico,” a Low Cost Remittance Service ●
Aircraft and Ship Investment ●
Corporate Deposits and Asset Securitization (Trust Services) P.14 ● ● ●
Loan Servicing (Asset Recovery) ● ●
Rental ●
Industrial/ICT P.15
New and Used Equipment Sales ●
Equipment-
Related Business Measurement-Related Services ●
and Services
ICT-Related Services ●
P.16
3D Printer Business ● ●
Used Equipment Purchase Service  ●
Appropriate Disposal Network ●
Resource Recycling Plant ●
P.17
Recycling Plant ●
Final Disposal Site ●
Environment and
Mega-Solar Power Generation (Large-Scale Photovoltaic Power Plants)
Energy Business
and Services Rooftop Solar Power Generation ●
Geothermal Power Generation

Biomass Power Generation

P.18
Hydroelectric Power Generation

Wind Power Generation

Electric Power Trading ●

Energy Conservation Services ● ●

07 G R OU P D YNA MIC S
 Business Profile
Asset Procurement Capital Procurement Business Support
ORIX provides support for procuring the assets ORIX provides support for procuring the capital ORIX supports customer business
that customers need to conduct business. that customers need to conduct business. development and profit expansion.

Operations Support Employee Benefit Programs

ORIX provides services that solve ORIX provides services for customers’
customers’ internal issues. employees.

Services
▼ Search by Service ▼ Service Lineup
Asset Capital Business Operations Employee
Page Procurement Procurement Support Support Benefit Programs

Automobile Leasing (New and Used Vehicles) ● ●

Car and Truck Rental ● ● ●
Car Sharing P.19 ● ●
Automobile- AMS Card (Fuel Card) ●
Related Business
and Services ETC Card ●
Vehicle Management Services (BPO) ●
Environmental Plan and Report Preparation Support Services ●
Telematics Services P.20 ●
Vehicle Purchase and Sale Agency Services ●
Used Car Auctions ●
Onsen Hotels and Hotels ●
Aquariums ●
Service Offices P.21 ●
Real Estate-
Related Business Training Facilities ●
and Services
Other Facilities

Real Estate Investment and Development

Construction and Building and Facility Management P.23 ●

Real Estate Asset Management ●
Housing-Related Business P.24
Concession Business

Medical Mobile Services (FREEILL CORPORATION) P.25 ● ●

Other Business Accounting Support (Yayoi Co., Ltd.) ●

and Services Agriculture Business

IoT Network Service P.26 ● ●

IoT and Data Business Support Services (Ubiteq, INC.) ● ●
Deposits, Trust Products, Real Estate Loans for
Investment and Investment Trusts
Customer Finance P.27
Business and Home Loans (ORIX Flat 35)
Services Card Loans

Life Insurance P.28

Finance and Consulting ● ● ● ●
Overseas
Business and Business Development, Investment, and Asset Management P.29 ● ●
Services
Environment and Energy Business

GR O UP D Y NAMICS 08
 Corporate Financial Business and Services
ORIX identifies the needs and management issues of customers through transactions on our nationwide sales
and marketing network to provide the optimal solutions through teamwork.

Capital and Asset Procurement

ORIX supports diverse procurement needs of customers.

Through Through

XXX Company
Leasing Sales
Finance
Embedded
Construction Copiers air-conditioning Signs
equipment equipment
Etc. Etc.
For
example

Through
Payment Interior Software Through
Consignment finish work development
Real estate
Lending
construction expenses
expenses Etc. Etc.

Main Assets Asset Ownership Upon expiration of

Outline
(Liabilities) Rights basic contract

ORIX supports the introduction of assets Re-lease or return

Finance Leases such as ICT-related equipment, store General equipment Leasing company asset to leasing
equipment, and machinery. company

ORIX newly purchases mainly precision

measuring equipment, analytic equipment, and Specified general
Extend or return asset
construction machinery from designated purpose equipment Leasing company or
Operating Leases suppliers and determines an anticipated sales expected to have rental company
to leasing company/
price in the future (“residual value”) prior to rental company
future value
setting the lease fee.

Equipment that may become obsolete

Rental Selected from the
quickly, such as ICT-related equipment and Extend or return asset
inventory of rental Rental company
▶p.15 equipment wanted for a short period, are to rental company
companies
available for rental.
This refers to a sales contract in which the asset Held by leasing Ownership rights
expense is divided up and payment made in
Sales Finance installments. A feature of hire purchase is that
General equipment company during transferred to
it can be applied to a broad range of assets. contract period customer

Monetary liabilities
Payment If a debtor-creditor relationship exists, ORIX Software development
will pay the debt on behalf of the debtor expenses, contracted — —
Consignment regardless of the sale of the asset. construction expenses, etc.

ORIX provides funding in line with

Lending — — —
customers’ needs.

ORIX adresses needs such as rapid debt

collection and credit risk hedging by
purchasing accounts receivable.
Factoring (Purchase In addition to purchasing accounts receivable,
we also purchase promissory notes and provide
— — —
of Receivables)
accounts receivable based lending as well as
medical and nursing care and dispensing fee
receivables factoring services.

09 G R OU P D YNA MIC S
 Business Profile
Life Insurance, Accident Insurance, Pensions
ORIX proposes optimal solutions relating to issues concerning executives such as business security
and risk management in preparation for eventualities as well as employee benefit issues such as
accumulating assets for retirement allowances and corporate pensions.

Services
Life Insurance Sales Accident Insurance Sales
Based on customer requests, ORIX acts as an agency and proposes The risks that companies face are becoming increasingly diverse in
products selected from the life insurance products of 24 companies conjunction with changes in the times.
including ORIX Life Insurance to provide insurance with high As an agent that handles various types of insurance products
coverage amounts in preparation for the death of an executive provided by 12 accident insurers, ORIX supports risk management
or corporate defense, death coverage and insurance to provide relating to corporate operations by conducting highly detailed
for employee retirement allowances, and insurance for employee planning (the number of companies is as of August 1, 2020).
benefits (the number of companies is as of August 1, 2020).

Corporate Pension Services

ORIX provides support for the introduction of defined benefit corporate pension schemes and development of retirement benefit schemes
from a fair and neutral perspective. Through these pension-related solutions, we are meeting the diversified needs of customers, including
employment support, better personnel treatment, and financial improvement.

Corporate Pension Services

(Juridical person designated by the Minister of Health, Labour and Welfare)

Defined benefit corporate pension schemes

Retirement benefit scheme consulting
introduction support services

ORIX has been entrusted with operation of the comprehensive

ORIX can help customers who need to review their retirement benefit
Benefit One Corporate Pension Fund, which has more than 90,000
programs create optimal retirement benefit systems from various
members (as of June 30, 2020), and provides support for enrollment
perspectives including those of personnel and finances.
in the fund.

As a Minister of Health, Labour and Welfare designated juridical person (designated juridical person No. 26), ORIX supports
development of retirement benefit and corporate pension schemes.

GR O UP D Y NAMICS 10
 C orp o ra t e F in a n ci a l Bu si n e ss a n d S e r v i c e s

Investment
ORIX provides various solutions including support for planning and implementation of business and
management strategies, capital procurement and management, and risk hedging.

Private Equity Investment

ORIX offers optimal solutions to address the various needs of corporate managers through investments and hands-on support, leveraging
its advanced expertise and network. Such solutions include: Transfer of shares and equity financing to raise funds for growth; MBOs in
conjunction with the spinning off of subsidiaries and business divisions; Delisting of publicly-traded companies; Business and corporate
rehabilitations in which business or financial restructuring is required.

Management Framework Initiatives to Create Value (Example)

● Support creating a management vision

Vision

● Proposal of marking strategies

Strategy ● Proposal of partnership strategies

● Restructuring of business operation

Operations ● Restructuring of administration and production processes

● Restructuring of management information systems

Management Infrastructure ● Upgrade of organizational framework

● Review of HR, evaluation, compensation systems

TO PIC S

Investment in Two Drug Makers: Kobayashi Kako and Dojin Iyaku-Kako

In January 2020, ORIX invested in Kobayashi Kako Co., Ltd. (head office: powerful sales network
Awara City, Fukui Prefecture; president: Hiroyuki Kobayashi), which with leading domestic and
researches and develops, manufactures, and sells generic drugs. An aging overseas pharmaceutical
population and advancements in medical technologies have resulted companies. ORIX is focusing
in rising national health costs, and there is a push for the widespread on the healthcare industry
use of generic drugs, which provide the same efficacy as brand-named and has also invested in
drugs at lower prices. Kobayashi Kako develops generic drugs with high active pharmaceutical agent
added value such as improved drug forms to make medicines easier to trading companies, medical
take and prevent mistaken ingestion. The company is also involved in the device sellers, and veterinary
development of highly pharmacologically active formulations*1, such as pharmaceutical makers.
Kobayashi Kako Pharmaceutical Technology
anti-cancer agents, the markets for which are expected to grow in the With the investment in Research Laboratories
future. these two drug makers, we
In April 2020, ORIX invested in Dojin Iyaku-Kako Co., Ltd. (head office: are expanding business in
Nakano-ku, Tokyo; president: Sadanori Yoshizato), which researches and the healthcare field, and by collaborating with ORIX business foundations
develops, manufactures, and sells prescription and over-the-counter in Japan and overseas and developing investment targets, we seek to
drugs. Dojin Iyaku-Kako has advanced development and manufacturing contribute to sustainable social security.
technologies for external skin preparations, capsules, and internal liquid
preparations including Voltaren*2, an anti-inflammatory analgesic. The *1 Pharmaceuticals that give a strong medicinal effect to the human body in a small
company has been praised for its manufacturing facilities and quality amount.
control systems, which conform to global standards, and has built a *2 Voltaren is a registered trademark of Novartis International AG.

Venture Capital
In addition to providing funds to support promising, privately owned companies, ORIX helps fledgling companies along the path to becoming
public companies by offering capital policies appropriate to their stage of development and supporting management in a hands-on capacity
by using sales network and business know-how of the ORIX Group.

11 G R OU P D YNA MIC S
 Business Profile
Feature Leveraging Accumulated Financial Know-How for Business Succession Support

ORIX utilizes its accumulated experience in financial service business and a wide range of services and solutions to support
the enhancement of customer corporate value by meeting needs related to business succession. In 2018, ORIX established an
investment team to respond to the business succession needs of small- and medium-sized enterprises.

ORIX Solutions for Business Succession

When considering business succession and there is intent to continue the business, the pattern of succession will differ
depending on whether or not there is a successor. ORIX assess the customer’s current succession status and offers solutions
based on the customer’s needs.

Services
Business Succession Patterns and Solutions Provided by ORIX
Succession Management Share
Successor Pattern Our Solutions
Succession*1 Succession*1

Intra-family Inheritance by a Consulting on share transfers

1 and other schemes
succession family member

With
MBO/EBO*2 2 Capital policy advising
successor Executive
succession
Internal
promotion

External Share transfers implemented

recruitment
3 by ORIX
Outside
succession
Without Matching with ORIX business
M&A 4 partners
successor

Business Company
5 Asset conversion/disposal
closure liquidation

*1 Management succession refers to the succession of management positions, personal connections, managing knowledge, etc.
Share succession refers to the succession of the company shares.
*2 MBO and EBO are methods for executives to acquire shares of their company from existing shareholders to become owner-managers.

Business Succession Support Cases

〈Case Study 1〉Thompson Towa Co., Ltd. 〈Case Study 2〉TOKYO SOIL RESEARCH CO., LTD.

Shares transferred to ORIX to protect employees, Solving problems with ORIX with the aim of
who were seen as members of the family becoming a 100-year company
Comment from the former owner Comment from an executive

As a founding member of the company, I was involved in Tokyo Soil Research has been profitable for 53 years by using its strengths in
management, but there were no successor within the company. ground and building research technology for earthquake-proof design. In
When I considered an outside sales of my shares, I developed a terms of business, we made preparations for the future in our medium-term
strong desire to maintain the company name and protect the business plan, but in terms of capital, there was a risk that the shares owned
employees, who I saw as members of my family. The company by individuals would be dispersed. In order to achieve sustainable growth
received inquiries from financial institutions and other amid a society undergoing rapid change and with the aim of remaining in
companies in the industry, but I developed a close relationship business for a century, we have worked to solve problems in collaboration
with the ORIX representative, who shared my wishes, and I with ORIX. The ORIX employees assigned to the company provides positive
decided to sell my shares to ORIX. stimulus to company personnel with a certain sense of urgency and an ability
to get things done.
Comment from an ORIX employee assigned to Thompson Towa
Comment from an ORIX employee assigned to TOKYO SOIL RESEARCH
I am assigned to Thompson Towa, and provide support for
establishment of internal rules, legal matters, sales, and I am assigned to Tokyo Soil Research, where I support the expansion of
other tasks. Thompson Towa was established in 1981 and the customer base and proposing business strategies. I am also involved
has enjoyed many years of stable management as an expert in reinforcing business management structures. Tokyo Soil Research has a
in golf course turf irrigation equipment installation, doing high level of specialization in ground surveys and is expected to become
business with numerous leading golf courses. With support more active in the promotion of disaster prevention and mitigation and
from ORIX, the company will leverage its expertise to expand implementation of plans to strengthen national infrastructure, as well as the
business in the irrigation business for apartment complexes and repair, maintenance, and management of infrastructure such as highways
commercial facilities. and railways. I am promoting further collaboration with the ORIX Group and
supporting the strengthening of alliances with other companies and the
further expansion of business fields.

GR O UP D Y NAMICS 12
 C orp o ra t e F in a n ci a l Bu si n e ss a n d S e r v i c e s

Payment-Related Services
ORIX proposes various solutions to resolve corporate issues, such as costs savings and increases in
operational efficiency.

Promissory Note Reduction System “e-Cash discount”

ORIX provides a B2B payment system
using cloud computing for customers Liability data Collection method selection
that issue large numbers of promissory
Internet
notes. All procedures are handled on server
a website, including the conclusion
of the service agreement, resulting in
Customer Supplier
a reduction in the number of actual
(Debtor) (Creditor)
promissory notes as well as cost savings
for both the customer and supplier.

Liability
underwriter
Payment Discounted payment prior to due
date or payment on due date

Mobile Payment Service

ORIX is engaged in affiliate contracts
Payment result
(acquirer business) for Alipay and can be confirmed
WeChat Pay, Chinese mobile payment immediately
(4) Account settlement (1) QR code scanning
services. When customers such as between member stores and ORIX (providing products and services)
retailers and restaurants all over the
Customer
country introduce mobile payment (member store)
services to capture demand from
Chinese visitors to Japan, payment
processing and settlement operations Users
are performed between payment (foreign visitors
service providers and customers. to Japan)

(Acquirer)
Mobile payment
service provider

(3) Account settlement between (2) Payment

mobile payment service provider and ORIX

“Flico,” a Low Cost Remittance Service

Customers entrust day-to-day purchase
and expense related remittance data
(1) Preparation and approval of
and funds to ORIX who then remits remittance data (remittance request) Flico system
payments to payees on behalf of the The present
remitter‘s name
customers. Regardless of the amount of
remains as-is
remittance, the fee for each remittance (3) Notification of deposit Account for
is fixed at 260 yen (excluding tax). Customers receiving
(4) Remittance instruction remittance
No initial installation fees or monthly
charges are incurred. (2) Deposit* (5) Remittance
Customer’s PC terminal
Customer’s account
held in the name of ORIX
Customers need to take (designated account)
only steps (1) and (2)

* The fee for making a deposit to the designated account held

in the name of ORIX shall be borne by the customer.

13 G R OU P D YNA MIC S
 Business Profile
Aircraft and Ship Investment
ORIX uses its extensive financial knowledge and know-how in specialized fields to support customer
operations.

Aircraft Business
ORIX started the aircraft financing business in 1978, and
established a specialized aircraft leasing company in Ireland in
1991 to commence the ORIX-owned aircraft operating leases.
Since then, we have been accumulating know-how in the aircraft
business. In addition to owning aircraft, we capitalize on our

Services
abundant know-how in the aircraft
business and provide asset management
Number of
services including aircraft investment
aircraft owned
arrangement and aircraft sale and re- and managed:
leasing services to Japanese and foreign
investors. Over 200

Shipping Business
ORIX has accumulated know-how from operating and managing
returned leased vessels due to a downturn in the marine
transportation market since commencing the ship leasing business
in 1971. More recently, we have invested in the construction
of new vessels and currently conduct business as the owner of
world-leading handysize bulk carriers. In addition, we formed a
(small) ship investment business for corporate investors for the first
time in Japan in 1996 and arrange a large number of investment
opportunities even today, providing them to customers.

T OPIC S

Strategic Collaboration with Piraeus Bank, a Leading Greek Bank

In February 2020, ORIX entered into a strategic collaboration in the receivables from the Royal Bank of Scotland, a major bank in the United
maritime financing sector with Piraeus Bank, a leading bank in Greece. Kingdom, in 2017. By leveraging Piraeus Bank’s know-how and customer
Piraeus Bank has a broad customer base throughout Europe established networks, we will provide financing opportunities, primarily for Greek
over more than century of business as well as an extensive track record of ship owners, that were not possible to approach in the past. In addition,
providing financing in the Greek maritime sector as Greece’s top lender. through the collaboration with Piraeus Bank, we will seek to establish
ORIX began exploring maritime financing and further development of a customer network and expand business in the European maritime
business investment in Europe when it purchased vessel-secured loan financial market.

Other
Corporate Deposits and Asset Securitization (Trust Services) Loan Servicing (Asset Recovery)
ORIX Bank provides high-interest deposit products—primarily ORIX Asset Management & Loan Services (OAMLS) leverages its
its Corporate eDirect Deposits Internet-only deposit service—so extensive track record and high level of expertise to manage and
customers can invest their important assets in a safe and reliable collect a wide variety of monetary claims and supports corporate
manner. rehabilitation. OAMLS is involved in the servicing of securitization
The bank is also committed to meeting customers’ needs for fund projects, non-recourse loans, and housing loans. It is also involved
raising as well as for balance sheet improvement through its trust in the investment and collection of loan portfolios and the
services. corporate rehabilitation business.

GR O UP D Y NAMICS 14
 Industrial/ICT Equipment-Related Business
　

Procure Use Sell Today when prompt responses to rapid changes in society including
advances in innovation and changes in work styles are needed,
continuous updating of equipment, technology, and ICT environments
has become a key issue. By providing not just machinery, but also
combining it with technology and know-how, ORIX is contributing to
solving manufacturing worksite and information and communication
technology (ICT) environment problems.

Meeting the Need for Immediate On-Site Use Lineup of

2,000,000 units
Procure spanning
ORIX supplies supply equipment according to customer needs such as the desire to use
state-of-the-art equipment with minimal initial investment costs and to secure a large 32,000 types
number of units immediately.

Rental
By renting rather than purchasing equipment, customers need not make new purchases every time new technology becomes available or
maintain inventories in unneeded equipment. ORIX has a lineup of some 2 million devices spanning 32,000 different types including the latest
devices and can deliver high-quality equipment in response to an online request or a single phone call.
Power Receiving
Scientific and
Electronic Measuring ICT-Related Medical and Transforming
Environmental Robots
Instruments Equipment Equipment Equipment and
Analysis Equipment
Transformers

New and Used Equipment Sales

ORIX sells equipment that has been maintained at quality levels suitable for rental to
customers at any time for reasonable prices. Purchasing used equipment can reduce
after-purchase depreciation periods.

Adapting to Increasingly Rapid Change in the Technology Landscape

Device as a Service Robot Business Drone Business

Device as a Service The “RoboRen” We rent drones
is a service that robot rental service with included
provides PCs and business enables maintenance
other devices as customers to use support for periods
well as life-cycle state-of-the-art starting at one
management robots without day. We offer a
under a monthly-fee subscription model. massive initial investment. The permanent Tokyo variety of services such as a beginner’s course for
We help customers minimize effort from Robot Lab. showroom supports investigation customers, operation training at the actual flight
introduction to operation and removal by of technologies while comparing various site, measurement support, and pilot dispatch.
selecting optimal models according to on-site robots. The showroom is staffed by fulltime We propose drone-based solutions to customer
needs, using the latest software, deleting data engineers and has a comprehensive pre-and problems.
associated with various settings or removal, and post-installation support system to support
other means. innovation at customer manufacturing sites.

15 G R OU P D YNA MIC S
and Services

Business Profile
Advanced, Specialized Technology Also Provided
Use
In addition to renting equipment, ORIX also provides “technology” so that equipment can be used
with reassurance.

Services
Measurement-Related Services
Through its equipment rental business, ORIX accumulated more than 40 years of
technical expertise that enables customers to use devices repeatedly with peace of
mind. Fulltime engineers provide measurement and calibration services, eliminating the
concerns of customers who feel uncertain about how to use equipment or lack their
own engineers.

ICT-Related Services
ORIX provides integrated support from installation to operation and recovery including
PC-LCM services for PC lifecycle management support at the customer’s business site
and kitting/cloning services for installing software and adjusting various settings. This
frees customers from performing complex asset management work.

3D Printer Business
ORIX provides modeling services for modeling metal product prototypes and test
pieces without the need to purchase or rent a 3D printer. We also offer introduction
support services that enables customers to investigate technologies with a specialized
engineer while using the actual machines. We support customer R&D and prototyping
work.

Expertise on Disposal of Unneeded Equipment Also Provided

Sell
ORIX provides one-stop consultations on appropriate disposal, minimizing time and expense.

Used Equipment Purchase Service

ORIX makes use of our expertise gained from many years of experience on proper disposal of property that has been leased and rented and
purchase a wide range of machinery and equipment including PCs and measuring instruments and measuring devices.

T OPIC S

Support for Use of Production Line and

Next-Generation Collaboration with
Logistics Center Robots through Robot Rental Service Robot SIers
Rental + Technology/Know-How
Investigation and
ORIX Rentec provides support for production line automation in
analysis
collaboration with NEC Corporation and NEC Platforms, Ltd. In addition,
we have established a business tie-up with Office FA.com Co., Ltd. to
Consultation
provide strong support for automation of transport operations at logistics
sites. We rent human-collaborative robots and automated transport
System design and
robots and supports robot use by offering a full range of services from
construction
consulting in introduction to building systems.

GR O UP D Y NAMICS 16
 Environment and Energy Business and
　

Collect Recycle Manage ORIX has constructed a value chain

to collect, recycle, and manage
Environmental resources and waste. We provide

Field
detailed one-stop services tailored to
customer needs.

Appropriate Disposal Network

Collect ORIX supports the creation of waste and recycling governance systems that are optimal for customers using our network of
waste disposal and transportation companies, used goods sales companies, intermediate processing companies, recycling
companies, and other companies.

Resource Recycling Plant Recycling Plant

Recycle ORIX operate Japan’s largest scale zero-emission facility* ORIX also operates an intermediate processing plant
for melting and recycling waste in Yorii-machi, Saitama that handles primarily metal-based waste such as office
Prefecture. The key feature of this facility is that waste is equipment and machinery. The facility performs all
melted at approximately 2,000°C and can be completely processes from recovery of valuable metal resources to
recycled. In addition to recovering slag and metal as storage, initial processing,
a recycled resource, synthesis gas is used as fuel for and recycling (conversion to
high-efficiency electric power generation by an on-site raw material). We seek to
generating facility. achieve advanced recycling
* By effectively using all of the waste as raw materials and for other uses, using sophisticated sorting
the facility generates no unneeded emissions. functions.

Final Disposal Site

Manage ORIX operates one of Japan’s largest managed final disposal sites. In
addition to the incineration and melting functions of a resource recycling
plant, the facility also performs final disposal functions, providing one-stop
services that meet wide-ranging waste-related needs of companies and
local governments.
Ecoport Final Disposal Site

17 G R OU P D YNA MIC S
Services

Business Profile
Create Deliver Manage ORIX has built a value chain to
generate, deliver, and manage
Energy
Solar Power
energy. We provide detailed Generation Business:
Maximum output
Field
one-stop service tailored to
Approx.
customer needs.
1 million kW

Services
(includes projects under
construction)

Mega-Solar Power Generation (Large-Scale Photovoltaic Power Plants) Rooftop Solar Power Generation
Create ORIX leases idle land from local governments, businesses, ORIX engages in the roof-top rental solar power generation
and others in various parts of the country and constructs business by installing photovoltaic systems on leased roofs
and operates large-scale photovoltaic power plants of large facilities such as plants and warehouses. No site
(mega-solar) with generating capacities of 1 MW preparation or grading is needed, construction periods are
(megawatt) or more. short, and power generation can start quickly.

Solar Power Facility Installation and Operation Support

Solar Power Facility Installation Solar Power Plant Operation and PPA* Model (Third-Party
Support Maintenance Management Ownership Model)
ORIX uses economies of scale through direct ORIX conducts operation, management, and ORIX installs solar power equipment and storage
procurement of equipment from manufacturers maintenance of power plants that use renewable equipment at facilities owned by customers and
and a nationwide network of construction energy. We provide advanced expertise to prevent supply the electric power generated to customers.
companies to support customer investment in power plant risks and minimize generating losses This contributes to reducing CO2 and cutting electric
solar power facilities from installation to post- through rapid response and recovery when faults power costs. Customers pay service fees to ORIX
installation maintenance. occur. depending on how much electricity they consume.

* Power Purchase Agreement

Geothermal Power Generation Biomass Power Generation

Subterranean steam spins turbines, and that spinning motion is used ORIX operates the Agatsuma Biomass
to generate electric power. Since this method does not rely on the Power Plant, a wood chip-fired thermal
weather, stable power generation is possible power station in Gunma Prefecture.
year-round. In addition to the Minami- Wood chips are burned in a boiler as
Kayabe Geothermal Power Plant (tentative an alternative to fossil fuels, and the
name) in Hakodate City, Hokkaido, we are steam rotates a turbine to generate
Agatsuma Biomass Power Plant
conducting investigations and development electricity.
at a number of sites in Japan. Geothermal gas tests in the Minami-Kayabe
region of Hakodate City, Hokkaido

Wind Power Generation

Hydroelectric Power Generation
ORIX has invested in a company that owns and operates wind
ORIX has an equity stake in Bitexco Power Corporation, a leading power generation facilities through India since 2016 and acquired
private hydro and solar power generation business that has full ownership in October 2019 (total generating capacity is 859
constructed and operates hydro and solar power plants at 20 MW). We are actively developing business with an eye toward
locations throughout Vietnam. further expansion.

Electric Power Trading

Deliver As a power producer and supplier (PPS), ORIX supplies affordable electric power to facilities that require high-voltage power
(including special high-voltage) of corporate customers. We supply and sell approximately 2 billion kWh of electric power to
about 10,000 corporate facilities annually. In conjunction with rising environmental awareness including RE100* and ESG
investment, we provide supply services for environmentally-friendly electric power (low-carbon factor options).
* Renewable Energy 100%

Energy Conservation Services

Manage These services achieve energy savings and reduce CO2 emissions by raising overall line productivity when updating and
installing facilities in plants and buildings. ORIX can propose services for specific property applications including plants,
warehouses, and commercial facilities.

GR O UP D Y NAMICS 18
 Automobile-Related Business and Services
　

Procure Manage Sell ORIX uses our more than 40 years of experience in the automobile-
related business to provide a variety of services essential for
automobile use ranging from vehicle procurement and management
to sale, responding to customer needs that diversify with changes in
the times.
B A B

ブランドマークを効果的に機能させ、正しく認識させるためには、他の要素と
の配置を十分に考慮した一定のスペースを設けることが必要です。このスペース
のことをアイソレーションといいます。
A
ブランドマークの使用に際しては、ここに示す基準を守り、正しく表現してくだ

Provision of Needed Vehicles Under Optimal Conditions

さい。

B=0.35A∼0.45A
Procure
ORIX provides optimal automobile use methods through a combination of leasing, rental, and car
B

sharing according to the customer’s use conditions (duration, frequency, and purpose of use).
Number of
vehicles
managed in Japan:
Use duration: Long
1,439 thousand
Car Rental Leasing Leader
in the leasing
■ Passenger car rental ■ Passenger car leasing ■ Personal car leasing industry
■ Truck rentals ■ Truck leasing ■ Used car leasing
Use frequency: Use frequency:
Low カラー(基本) 黒 ORIX-GRAY-No.2 High

Car Sharing
Type A

Use duration: Short

Automobile Leasing (New and Used Vehicles) Car and Truck Rental
ORIX provides vehicle-related management services as a package ORIX manages the second largest fleet of rental cars in the industry
(maintenance leasing), which includes routine inspections, with 75,000 cars at 1,050 locations. We have an extensive lineup
mandatory inspections, and dealing with accidents, as well as of models available for use
vehicle procurement and payment of the various taxes. For anywhere in the country only
used car leasing, we offer only vehicles that meet ORIX’s unique when needed. ORIX Truck
criteria, selected from among vehicles that have been removed Rental stores provide work
from service in ORIX’s automobile leasing and rental businesses. vehicles for construction and
By providing our own vehicles directly to customers, we can civil engineering in addition to
substantially reduce intermediate margins and offer reasonable ordinary trucks.
prices.

Car Sharing AMS Card (Fuel Card)

Car sharing provides customers access to a car whenever they need The AMS (Auto Management Service) Card can be used at
one, 24 hours a day, 365 days a approximately 80% of the gasoline stations in Japan, and allows
year, in 15-minute increments. ORIX to utilize it for compliance and safety management. It can
Monthly fees include parking also be used to pay for car-parking at affiliated parking lots.
fees, maintenance expenses,
insurance premiums, fuel
ETC Card
charges, and so on, which
makes use at low cost possible The ETC card provides a detailed breakdown of tolls paid for
in the case of low-frequency each vehicle, allowing users to check for improper use. ORIX also
use. handles a variety of procedures such as registration for mileage
programs.

19 G R OU P D YNA MIC S
 Business Profile
Safe and Optimal Management of Vehicle Operation
Manage Data collected
ORIX provides support for vehicle use from the perspectives of vehicle management
from vehicles:
and operational management so that customers can reinforce internal controls,
respond to environmental issues, and enhance safety.
Equals 7 trips

Services
around the world
Vehicle Management Services (BPO*) (every hour)

This is a service offered on an outsourcing basis by

Specific Examples of Vehicle Management Services
ORIX’s specialized sections as a part of customer
vehicle management services. This service is not simply ■ Vehicle replacement, fleet expansion, re-leasing, reception and response services for
outsourcing, but also contributes to enhancing customer interim cancellation ■ Vehicle transfer process (including shipment, change of license
risk management through ongoing and repeated risk plate and car registration) ■ Management of issuance, cancellation and loss of fuel
card/ETC card ■ Preparation of detailed expense data ■ Rented vehicle management
assessment (P), redevelopment of operations (D), risk
■ License and permit management ■ Acquisition of driving record certificates
visualization (C), and operational improvement (A) so that
■ Parking management ■ Vehicle recall support ■ Response to inquiries from and
risks relating to vehicle management including regulatory
making contact with drivers as well as branch and sales site manager, etc. ■ Standard
responses can be eliminated. report and operational improvement proposals
* Business Process Outsourcing

Environmental Plan and Report Preparation Support Services

ORIX provides plan and report preparation support services based on environmental laws and regulations including automobile use and
management plans and use results reports, which are mandatory under the Act on Emission Reduction of Nitrogen Oxides and Particulate Matters
from Automobiles.

Telematics Services
The ORIX Telematics Service enables customers to monitor detailed driving data by equipping vehicles with specialized equipment that has
communication and GPS functions. The system enables monitors to easily ascertain a vehicle’s operational status. This data can be used
to set targets for compliance, environmental response, and safety management as part of vehicle operational management as well as to
improve and solve important issues. ORIX also supports the realization of total risk management by providing customers with a consulting
service that covers all aspects
from operational methods to Email delivery
effective verification based upon detection of
on the collected data. For dangerous behavior Verify effect
GPS satellite Vehicle operation data using data
distribution companies, we transfer using Provision of
offer e-Telematics PRO, a a telecommunication driving control
telematics service with a digital line information
Consultation
tachograph function (certified
by the Ministry of Land,
Infrastructure, Transport and Fitting vehicles System server Telematics website ORIX
Tourism). with specialized
equipment

T r oub l e-Free V ehi c l e S a l e s

Sell
ORIX uses the strengths of a large automobile leasing company to support sale of customer-owned
vehicles.

Vehicle Purchase and Sale Agency Services Used Car Auctions

ORIX vehicle purchase and sale agency services support the ORIX offers vehicles whose
trouble-free disposal of corporate vehicles through a highly leases have expired and rental
detailed support structure. We also offer comprehensive cars managed by the Company
compliance measures such as removing company signs from the at used car auctions, providing
vehicle body and submitting name change completion certificates a wide range of high-quality
(copies). vehicles to successful bidders.

GR O UP D Y NAMICS 20
 Real Estate-Related Business and Services
ORIX engages in a variety of businesses ranging from facility operation to real estate investment and
development, housing-related business, and real estate asset management.

Facility Operation Business

ORIX provides spaces that create irreplaceable experiences.

Onsen Hotels Hotel

ORIX conducts highly detailed In addition to CROSS HOTEL, our
analyses of regional characteristics original hotel brand, we operate
and customer attributes and needs hotels near theme parks and
and plan products that sweep airports and subcontract hotel
away the conventional concepts of operation to global high-end
onsen hotel operation to convey the brands.
appeals of the specific site including
Hakone Ashinoko HANAORI CROSS HOTEL SAPPORO (art room)
unique views and special meals.

Aquariums Service Offices

ORIX developed and operates the ORIX operates the CROSS OFFICE
Kyoto Aquarium in Kyoto City, series of service offices. Shared
Japan’s first large-scale, inland offices and private offices
aquarium that uses 100% artificial are available. We provide a
seawater, as well as the Sumida comfortable office space while
Aquarium, located inside the maintaining functional services.
TOKYO SKY TREE TOWN®; both
Sumida Aquarium CROSS OFFICE ROPPONGI
aquariums opened in 2012.

Training Facilities Other Facilities

ORIX operates the Seminar House ORIX operates facilities such as
Cross Wave series of training the ORIX Theater, which can
facilities that aim to provide an accommodate a diverse range of
ideal training environment in performances, and the Shunpanro
all aspects from training and chain of puffer fish restaurants
conferences to accommodation. with onsen hotels.
Seminar House Cross Wave Fuchu ORIX Theater

TOPIC S

Sumida Aquarium and Kyoto Aquarium Undergo Major Renovations

The “Big Schale,” one of the largest basin-type jellyfish tanks in Japan*1, *1 The seven-meter long basin-type tank is one of the largest jellyfish exhibits in
was unveiled at the Sumida Aquarium. Approximately 500 moon Japan. Based on ORIX Real Estate research.
*2 Source: ORIX Real Estate, based on exhibition figures disclosed by aquariums in
jellyfish hatched at the aquarium can be observed up-close and without
the Kinki, Chugoku, Shikoku, Kyushu, and Okinawa areas who are members of
any obstruction. The jellyfish look like “moons in the sea,” which is the
Japanese Association of Zoos and Aquariums.
derivation of the Japanese characters for jellyfish, in this
fantastic space with colorful lighting.
At the Kyoto Aquarium, a new exhibit area called “Jellyfish
Wonders” with 5,000 jellyfish of approximately 20 different
species, the most in West Japan*2, was created. The
aquarium has a new 360-degree panoramic tank known
as “GURURI” featuring about 1,500 moon jellyfish and
the new Kyoto Jellyfish Research Division, an open space
where jellyfish breeding, research, and other work that
was previously conducted in the rear yard are performed.
This not only enables observation, it also allows viewers to The Big Schale jellyfish tank at the Sumida The new Jellyfish Wonders exhibit at the Kyoto
rediscover the appeals of jellyfish. Aquarium creates a new experience. Aquarium

21 G R OU P D YNA MIC S
 Business Profile
■ Facilities Operated (As of August 1, 2020) Facilities marked with “★ ” are part of ORIX HOTELS & RESORTS, the ORIX onsen hotel and hotel operations brand.

Onsen Hotels and Hotels (24) Training Facilities (4)

Hokkaido ● CROSS HOTEL SAPPORO ★ Chiba ● Seminar House Cross Wave Makuhari
● Hakodate Yunokawa HOTEL BANSO ★ ● Seminar House Cross Wave Funabashi

Services
Fukushima ● Aizu Higashiyama ONYADO TOHO ★ Tokyo ● Seminar House Cross Wave Fuchu
Tokyo ● Hyatt Centric Ginza Tokyo Osaka ● Seminar House Cross Wave Umeda
● Hotel JAL City Haneda Tokyo
● Hotel JAL City Haneda Tokyo West Wing
● HUNDRED STAY Tokyo Shinjuku
Other (11)
Kanagawa ● Hakone Ashinoko HANAORI ★ Tokyo ● Shimonoseki Shunpanro Tokyo
● Hakone Gora KARAKU (opening October 2, 2020) ★ ● Shimonoseki
 Shunpanro Nihombashi Takashimaya
Shizuoka ● Atami OHTSUKI HOTEL WAFUUKAN ★ Kyoto ● Kyoyasai-restaurant umekojikoen
● HOTEL MICURAS ★ Osaka ● ORIX Theater
● OKURA ACT CITY HOTEL HAMAMATSU ● Osaka Culturarium at Tempozan
Ishikawa ● Hyatt Centric Kanazawa ● GRAND FRONT OSAKA KNOWLEDGE CAPITAL
● Hyatt House Kanazawa ● Shimonoseki Shunpanro Abeno
Toyama ● Kurobe Unazuki YAMANOHA ★ Hyogo ● Sanda Shunpanro
Kyoto ● CROSS HOTEL KYOTO ★ Yamaguchi ● Shimonoseki Shunpanro Main
● Hyatt Regency Kyoto ● Shunpanro Saryo Shimonoseki Daimaru
Osaka ● CROSS HOTEL OSAKA ★ Fukuoka ● SANKIROU SARYO
● HOTEL UNIVERSAL PORT ★
● HOTEL UNIVERSAL PORT VITA ★
Hyogo ● Hotel Nikko Himeji Service Offices (7)
Oita ● Beppu SUGINOI HOTEL ★ Tokyo ● CROSS OFFICE SHIBUYA
Okinawa ● HILTON OKINAWA CHATAN RESORT
● CROSS OFFICE SHIBUYA Medio
● Double Tree by Hilton Okinawa Chatan Resort
● CROSS OFFICE UCHISAIWAICHO
● CROSS OFFICE MITA
Aquariums (2)
● CROSS OFFICE SHINJUKU
Tokyo ● Sumida Aquarium ● CROSS OFFICE ROPPONGI Facilities operated:

48
Kyoto ● Kyoto Aquarium ● CROSS OFFICE HIBIYA

T O PIC S

“Hakone Gora KARAKU” Onsen Hotel to Open

The “Hakone Gora KARAKU” onsen hotel will open in Gora, Hakone- available by reservation where guests can enjoy a private space as well
machi, Kanagawa Prefecture, Ashigarashimo-gun in October 2020. as open-air baths in each guest room for individual enjoyment of the hot
“Hakone Gora KARAKU” is the second new-construction onsen hotel spring. ORIX Real Estate will continue to use new concepts to actively
operated by ORIX Real Estate. The name was chosen “so that happiness convey local culture and allure and pursue facility operation so guests can
and goodness may continue for a long time,” in Gora, which is rich in experience them.
nature, history, and culture. The facility has four buildings:
a main building with a lobby lounge, main dining room,
open-air bath with view; an annex with a grill restaurant,
private baths, a spa for mental and physical adjustment; and
east and west guest room wings with Western and Japanese
guest rooms (a total of 70 rooms; all are deluxe rooms
with open-air baths), adjoining a guest lounge that offers
beverages and snacks according to the time. There are two
open-air baths with views of the daimonji bonfire area and
Sagami Bay so guests can fully enjoy the natural hot spring
amidst the majesty of nature, and there are also three baths Exterior view (artist rendering) Sokai open-air bath with view

GR O UP D Y NAMICS 22
 R e al E s t at e - R e l at ed B u si n e ss a n d S e r v i c e s

Real Estate Investment and Development

ORIX builds creative urban spaces that generate encounters.

Complex Urban Development Office and Commercial Building Development Business

ORIX is engaging in complex ORIX develops office buildings that
urban development involving increase productivity by means
commercial, office, hotel of enhanced safety, security and
and conference facilities. We environmental performance. We
create spaces in which people endeavor to create spaces that are
gather utilizing original ideas harmonized with the environment
based on our development as well as being optimized for the
and operation expertise. town and people working in it.
Grand Front Osaka ORIX Ueno 1-chome Building

T OPIC S

CROSS GATE KANAZAWA Opens Commercial Facility Development Business

CROSS GATE KANAZAWA, ORIX is engaging in the
a mixed-use facility that
development of commercial
comprises a commercial area
and condominiums, opened at facilities that contribute to
the West Exit of JR Kanazawa local revitalization and are
Station. As a place for new well-received by customers.
interactions among people,
We deploy original CROSS
ideas, and things, the facility
generates activity and new value. MALL, CROSS GARDEN, and
CROSS GATE brands.
CROSS MALL Toyotajinnaka

Logistics Facility Development Business Other Real Estate Business

ORIX proposes the ORIX leases office, operated
development of logistics facilities, and other facilities
facilities in accordance with and operate parking
customer needs as well as businesses.
optimal logistics solutions for
facility operation based on our
diverse range of services.

Matsubushi Logistics Center

Construction and Building Real Estate Asset

and Facility Management Management
ORIX uses its reliable technologies and know-how ORIX pursues stable and efficient asset
to protect building security and comfort. management that maximizes client earnings.
● Repairsand value- ORIX Asset Management Corporation and ORIX Real Estate
enhancing construction Investment Advisors Corporation operate real estate investment
● Building
trusts and private placement funds with advanced expertise based
construction
on the accumulated know-how of the ORIX Group in the financing
and equipment
and real estate businesses.
installation
● Buildingand degradation
diagnostic work
● Interior business
● Building and facility management

23 G R OU P D YNA MIC S
 Business Profile
Housing-Related Business
ORIX provides housing and services for all life stages.

Housing Development and Sales Business Rental Housing Development Business

ORIX is deploying a total ORIX is deploying the Belle Face
business encompassing all urban rental housing series and
aspects from planning to LIONS FORSIA rental housing
sales and after-sales services series with particular attention
for condominiums and to planning and specifications.

Services
detached houses in major cities
throughout Japan. We also offer
the Lions Mansion and Surpass
Lions Ashiya Granfort Belle Face Nishigotanda
Mansion series.

Real Estate Brokerage and Rental Renovated and Re-sale Housing Business
ORIX is deploying a ORIX conducts a sales business
comprehensive real estate for renovated condominiums
brokerage transaction and and detached homes. We
rental business by utilizing the provide comfortable housing
information obtained through that meets the latest trends and
our extensive nationwide customer needs.
branch network.

Condominium Management Renovation and Interior Business

ORIX provide total support ORIX creates ideal homes that
for management association suit the purpose from partial
management by utilizing the renovations to change problem
management contract results of areas such as plumbing fixtures
over 530,000 units. In addition, to full remodeling that changes
we will develop new services the entire space.
to increase the added value of
condominiums.

C or por a t e Re a l Es t a t e St r a t e gy Su p p o r t

ORIX proposes effective use of owned real estate and new real estate investment as a part of
management strategy and support enhancement of corporate value.
Corporate real estate (CRE) strategy is a type of management strategy that and marketing network and propose CRE strategies such as effective use
leverages real estate, a crucial asset for a company, and raises corporate of owned real estate and new real estate investment. We have proposed
value. CRE strategy can be expected to reinforce financial status, enhance and provided support for implementation of optimal CRE strategies
capital procurement abilities, secure stable earnings, reduce costs, and tailored to customer needs and management issues including sale and
produce other effects. leaseback*, broker services in real estate purchase and sale transactions,
ORIX uses its extensive knowledge and high levels of expertise in the and business partner matching.
finance and real estate fields and employs the ORIX Group corporate sales

ORIX Group
Corporate Sales and Financing Real Estate
Marketing Network
Nationwide corporate network Leasing/Project financing(Non-recourse loans)/ Development/Asset management/
Landowners/real estate business operators/ Syndicate loan arrangements/ Brokering/Construction/
tenant companies Equity investment Building & facility management

CRE Strategies
* A transaction whereby owned real estate is sold to a
leasing company and the leasing company leases the
Enhancement of Corporate Value property to the seller for continued use. It is a means
of capital procurement.

GR O UP D Y NAMICS 24
 Other Business and Services
ORIX responds to societal needs in areas such as the concession business exemplified
by operation of Kansai International Airport as well as agriculture and medical services.

Concession Business
Concession* is attracting much attention as a method for the Since April 2018, ORIX has been working on a project for a sewage
Japanese government to utilize the management mechanism and treatment plant in Hamamatsu City, Shizuoka Prefecture. ORIX
know-how of companies in the private sector for the operation is also participating in a management company (Hamamatsu
of public facilities and infrastructures under the country’s growth Water Symphony) established mainly by the Japanese subsidiary
strategies. The concession method has been introduced across of France-based Veolia. The ORIX Group is building the concession
Europe and other areas because it helps the government improve business and we are proactively examining new project
the service level and increase profits from the private sector’s implementation as the management abilities and know-how of
viewpoint. Kansai Airports, which was established by a consortium the private sector are increasingly needed for the operation of
led by ORIX and VINCI Airports of France, began operating Kansai public infrastructures such as airports, roads and water supply, and
International Airport and Osaka International Airport in April 2016 sewage facilities.
as Japan’s first full-scale private sector airports. Kansai Airports * Concession is a method for PFI adopted under a system in which public authorities
began operating Kobe Airport in April 2018. Kansai Airports will grant the right to operate public facilities that collect usage fees to private entities
while keeping the ownership of the facilities (Source: The Cabinet Office of Japan at its
use the ORIX Group’s know-how in the financial and real estate
website).
fields, and VINCI Airports’ expertise in airports, to operate the
airports over 40 or more years.

Photo courtesy of
(Above) Kansai International Airport Veolia Japan
(Right) Hamamatsu City Public Final Sewage Treatment Plant (Seien District)

Medical Mobile Services (FREEILL CORPORATION) Accounting Support (Yayoi Co., Ltd.)
FREEILL CORPORATION rents vehicles with CT and MRI equipment Yayoi Co., Ltd. provides business software and services to small
and provides necessary technical support according to the location, and medium corporations and sole proprietors in Japan. Yayoi
time, and period needed. This enables healthcare institutions has made its mission to act as infrastructure underpinning the
to use high resolution diagnostic equipment without capital business of small and medium corporations, sole proprietors, and
expenditure. Dispatching vehicles to provide screenings to entrepreneurs and supports customer business development with
residents of local governments and corporate employees increases its Yayoi Series of core products and a lineup of various support
screening rates. services.

25 G R OU P D YNA MIC S
 Business Profile
Agriculture Business
ORIX has tied up with business partners in different regions of Japan and produce vegetables at four sites. We employ environmental
control technologies to control temperature, humidity, CO2 concentrations, the quantity of light, and other factors and also use hydroponic
technologies with the aim of achieving consistent prices, consistent quality, consistent timing, and consistent volumes in sales. The vegetables

Services
produced are regularly sold to retailers and restaurants located primarily in the Tokyo Metropolitan, Chubu, and Kansai regions through the
ORIX Group’s sales networks. In addition to selling the vegetables that it grows, ORIX Food Supply Corporation procures and sells produce
from cooperating producers. In June 2017, we formed capital and business alliances with Farmind Corporation, which has a nationwide
produce distribution network, and we are expanding sales.

Agricultural Production Bases

❶ORIX Yatsugatake Farm ❸Yabu Farm
Production of leafy vegetables with Production of leafy vegetables
hydroponics with hydroponics
Production of rice, etc.
Established : April 2015 in outdoor cultivation
Location : Fujimi-machi, Suwa-gun,
Nagano Prefecture
Items produced : Spinach, arugula, Established : June 2015
edible chrysanthemum (shungiku), Location : Yabu City, Hyogo Prefecture
watercress, etc. Items produced : Spinach, rice, etc.

❷Smart Agriculture Iwata ❹ORIX Agriculture

Production of paprika Production of lettuce 1
in Venlo-style greenhouses with fully artificial light
Production of leafy and other vegetables 4 3 2
in soil and with hydroponics

Established : February 2014

Established : April 2016
Location : Yabu City,
Location : Iwata City, Shizuoka Prefecture
Hyogo Prefecture
Items produced : Paprika, kale, spinach, cilantro, etc.
Items produced : Lettuce

IoT Network Service

ORIX provides IoT network services using the ELTRES™ wireless
communications standard. ELTRES™ IoT network services make
use of characteristics including stable long-range communications,
high-speed mobile communications, and low power consumption
to efficiently gather information collected over a wide range
by various sensors. Use is being considered in various areas
including asset management (e.g., determining the locations of
pallets, containers, and chassis and inventory management at
individual sites), vehicle location management (e.g., construction
equipment, trucks, and buses), and infrastructure monitoring (e.g.,
temperature, water level, and tilt angle as well as monitoring lights
* Low Power Wide Area. A long-range communications format that uses low power.
and movement in security cameras). ORIX is promoting the use of * Quoted from Sony Network Communications Inc.
LPWA* in various areas and is responding flexibly to diverse needs * “ELTRES” and the ELTRES logo are trademarks of Sony Corporation.
in the IoT field.

IoT and Data Business Support Services (Ubiteq, INC.)

Ubiteq, INC. provides IoT infrastructure to customers that want
to use the IoT in their business activities. Ubiteq acquires various Acquire
Sensing
data and connects, collects, and utilizes it. All customer issues are
addressed using four core technologies and coordination among Bringing IoT dreams
Utilize Connect
them. Ubiteq builds consistent support systems from design to to reality with
Applications four core technologies Networks
development, mass production, and operation along with systems
and services that integrate IoT terminals with networks. We Collect
support customer business innovation. Platforms

GR O UP D Y NAMICS 26
 Customer Finance Business and Services
ORIX engages in the life insurance, banking, home loan, and card loan businesses
to provide distinctive services that leverage its expertise.

Deposits, Trust Products,

Real Estate Loans for Investment and Investment Trusts
ORIX Bank aims to provide comprehensive services and meet the needs of its customers through flexible
response and attractive products by capitalizing on its strengths in niche areas.

ORIX Bank handles deposits, trusts, credit card loans, and other services through non-face-to-face channels via the Internet and provides real
estate loans for investment and other services in-person by meeting with customers. As a unique bank that integrates the virtual with the real,
the bank provides financial products and services with a focus on our strengths.

Main Products
Trust Products

e-Direct Money Trusts

Simple Inheritance Trust Simple Inheritance Trust ORIX Bank Family Trust Support Service
Special Bequest Donation This service supports the creation of family
This is the industry’s first trusts in preparation for loss of the ability
The first testamentary substitute trust testamentary substitute trust product to make decisions due to dementia, etc.
A money trust managed by unsecured product to be offered by mail and that allows donation of property to a * A minimum fee of 500,000 yen (excluding
loans to select listed companies. telephone order in Japan. designated local government. tax) will be charged.

Deposits Real Estate Loans for Investment Investment Trusts

e-Direct Deposits ● Real estate ●Real estate

　
investment loans secured loans
ESG Investment ORIX Bank
Direct Deposits
We carefully select and provide investment
ORIX Bank provides high interest rate yen Loans can be used to purchase or refinance investment property for rental trusts that can be used for medium- to
time deposits. purposes long-term asset formation.

Home Loans (ORIX Flat 35)

ORIX Credit offers ORIX Flat 35, a Main Products
long-term, fixed-rate home loan
with a term up to a maximum
ORIX Flat 35 Fixed interest rate for the entire term, up to a maximum of 35 years.
of 35 years. An extensive lineup
of products is available to meet
A program for reducing the interest rate for a certain period in cases
diverse customer needs. ORIX Flat 35S where a home with high performance for energy saving, earthquake
resistance, and other characteristics is purchased.

A program offered in conjunction with ORIX Flat 35 to finance up to

ORIX Flat 35ONE
10% of home construction or purchase.

An interest-only home loan with monthly payments for customers

ORIX Reverse 60
aged 60 years and older. A non-recourse loan for peace of mind.

Card Loans
ORIX Credit provides a wide range of products, such as the ORIX VIP Loan Card, with
reasonable interest rates and flexible usage, Cardless VIP for Internet transactions and
ORIX VIP Loan Card Business for individual business owners. Also, ORIX Bank offers the
ORIX Bank Card Loan service, which customers can use to meet a range of financial
needs in various life stages.

27 G R OU P D YNA MIC S
 Business Profile
Life Insurance Number of
individual
insurance policies:
ORIX Life Insurance offers a full lineup of products Approx.
that meet the diversifying needs of customers.
4.50 million

Services
Sales Channels
We provide insurance products to a wide range of customers through
insurance agencies that handle not only life insurance but also non-life Handled by

5,400
Agency Sales insurance and drop-in style agencies close to train stations and in large
shopping malls. Insurance products are available at offices and branches
of city and regional banks as well as credit unions. Approx.
recruitment agencies
Mail Order and We also conduct sales via postal mail and the Internet for customers who nationwide and

6,400
Internet Sales wish to choose their options.
Approx.
In 2016, we began selling our products face-to-face to customers via
Face-to-Face
employees with the title of Conserve Adviser. We will supplement our
offices and branches of
Sales via
Employees
sales channels with this channel, through which we will also provide financial institutions
customers with consulting services.

Main Products
Medical Insurance Cancer Insurance Medical Insurance with Death Protection

Medical Insurance
Medical Insurance Medical Insurance Cancer Insurance with Death Protection
“New CURE” “New CURE Lady” “Believe” “Relief W”

Insurance with Relaxed Underwriting Conditions Term Insurance

Medical Insurance with Whole Life Insurance with Term Insurance with
Relaxed Underwriting Relaxed Underwriting Relaxed Underwriting
Conditions Conditions Conditions Term Insurance Term Insurance
“CURE Support Plus” “RISE Support Plus” “FINE Support Plus” “Fine Save” “Bridge”

Whole Life Insurance Income Protection Insurance Specified Disease Insurance

USD Whole Life Insurance Whole Life Insurance Family Support Insurance Specified Disease Insurance
“Candle* ” “RISE” “Keep” “With”

* There are foreign exchange risks with USD Whole Life Insurance “Candle,” and the amount received may be less than the total premium paid. In addition, there are various expenses incurred
by the customer. Please be sure to confirm the documents issued before signing the contract including Overview of the Contract/Warning Information and Contract Brochures/ Stipulations.

GR O UP D Y NAMICS 28
 Overseas Business and Services
　

The ORIX Group’s Global Network Countries and regions where the ORIX group
has business locations
East Asia
205 locations in 5 countries and regions
Europe 2,168
locations
16 locations in 9 countries
in 37 countries
and regions
worldwide

Japan
The Americas
1,429 locations
82 locations
in 4 countries
Southeast Asia
Middle East and Africa 308 locations in 6 countries
33 locations in 8 countries
Oceania
South Asia 14 locations in 2 countries
81 locations in 2 countries

Finance and Consulting Business Development, Investment, and Asset Management

While firmly maintaining the basic principle for our overseas ORIX conducts business development and investment operations
business strategy of “Localization and Partnership,” local that make use of our diverse networks, focusing mainly on
subsidiaries that are well versed in the commercial practices, Asia. In addition, in Europe and the U.S., we are involved in
laws, and regulations in each country provide leasing, lending corporate finance, investment in marketable securities, equity
and other financial services to local businesses and Japanese investment, advisory, servicing, and asset management, and asset
companies. ORIX also provides financial functions for customers management.
who sell products overseas and perform market research, business
strategy formulation support and other consulting services,
thereby providing effective support to customers seeking to enter
international markets. TOPICS

ORIX Acquires Shares of Real Estate Loan

Environment and Energy Business Origination and Servicing Company,
Expands Commercial Real Estate Loan
ORIX is active in diverse environment and energy related Business in the U.S.
businesses in Japan and other regions with a focus on Asia and In January 2020, ORIX acquired all issued shares of New York-
the United States. Main undertakings include investing in U.S.- based Hunt Real Estate Capital (“HREC”), a U.S. commercial real
estate loan origination and servicing company, through ORIX
based Ormat Technologies, Inc. ("Ormat"), which is conducting
Corporation USA, a Group company in the U.S.
geothermal power generation business. Ormat designs, Established in 1972, HREC is a leading commercial real estate
manufactures, sells, and installs geothermal power generation finance lender and is approved to offer Federal National
facilities and is also involved directly in the geothermal resource Mortgage Association (Fannie Mae), Federal Home Loan
Mortgage Corporation (Freddie Mac) and Federal Housing
development and geothermal power generated business. It is the
Administration (FHA) loans. HREC provides loans to developers
world’s only vertically-integrated geothermal business enterprise. mainly targeted at the multifamily sector and also conducts
servicing of originated mortgage loans after transferring loans to
these government agencies.
Since the 2008 financial crisis, the home ownership rate in the
U.S. has dropped to the lower 60% range, and the multifamily
rental housing market is expected to continue expanding against
a backdrop of a growing population and steep increases in
property values due to a low interest rate environment.
ORIX previously acquired RED Capital Group and Lancaster
Pollard, which hold Fannie Mae, Freddie Mac and FHA licenses
to originate and service mortgage loans , and merged them with
ORIX Real Estate Capital Holdings (“OREC”) in January 2019.
HREC and OREC merged in April 2020 with the aim of increasing
profitability and expanding business further by making use of
synergy effects in the commercial real estate loan business.
The McGinness Hills Complex power generating facility, owned and operated by Ormat

29 G R OU P D YNA MIC S
 Relationship with Sports

Business Profile
The mission of the ORIX Buffaloes is to provide inspiration, excitement,
and dreams to people through baseball, and the team conducts
various activities to achieve this. In addition to team operation, we
conduct youth baseball clinics as a community-oriented program to
build community ties and use the high profile of the baseball team to
provide customers a venue for various promotional activities.

© ORIX Buffaloes

Baseball Team Management

Services
In 1989, ORIX started managing the ORIX Braves baseball
team. The team was renamed the ORIX Buffaloes in 2004 and
relocated to the Kyocera Dome Osaka. We conduct various
events at home games such as programs targeting female fans
and fireworks in order to bring the enjoyment of professional
baseball to as many fans as possible.

Sponsor/Special Seat

Sponsorship Program Advertising Space

We support promotional In addition to professional
activities according to baseball games, the
the wide-ranging needs dome is used for many
of customers through a other programs including
large number of publicity concerts and live
plans implemented in performances and has a
collaboration with various variety of advertising spaces
activities of the team. for customers.

VISTA ROOM Season Seats

The dome has special Fans can watch all Buffaloes
spectator boxes with sponsored official games
balcony seats on the 6th to from their own season
8th floors. Spectators can seats. They can enjoy the
watch the game in luxury team’s powerful plays in
while conducting business premium seats.
entertainment and so on.

Community Activities

Former professional baseball players carry out social contribution activities such as career
education and T-ball workshops, primarily for elementary school students in Osaka City.
They make use of their careers as professional athletes to help young people achieve healthy
growth.

A T-ball workshop

GR O UP D Y NAMICS 30
 Social Contribution Activities

Proactively Conducting Activities Beyond the

Framework of Our Business Domains.
The ORIX Group is committed to contributing to society by offering innovative products that create new value for
customers as its Corporate Philosophy.
In addition to making contributions to society through business, we are also implementing a range of initiatives to help
meet social and environmental challenges beyond the framework of our business domains.

ORIX Miyauchi Foundation

We established the ORIX Social Fund in 2006 to support social
welfare, children and the youth who are future leaders, and
the fields of music, culture, and art. Subsequently in 2010, the
fund was renamed after being approved as a public interest
incorporated foundation, and has been conducting activities
as the ORIX Miyauchi Foundation since 2014. Since 2006, the
Foundation has donated assistive vehicles to social welfare
organizations nationwide, invited children living in foster homes
and students and classes of special education schools to ORIX
Buffaloes baseball games, and undertaken other programs. The
Foundation also hosts hands-on learning programs conducted
by Group employees for local children in different regions
of Japan, cosponsors music, cultural and arts programs, and
supports the children’s cafeteria program for the provision to
children of meals and places to stay by local residents. Children play with jet balloons at a baseball game

A ceremony marking the donation of an assistive vehicle A hands-on learning program for children (study group at Suginoi Geothermal Power
Plant)

The Art Exhibition for Children and People with Disabilities (held by the Japanese A children’s cafeteria event
Society for Disabled Children)
A recipient of the FY2019 ORIX Award

31 G R OU P D YNA MIC S
 ORIX Group

ORIX Group engages in a range of social contribution activities including environmental preservation, programs for children, and
programs that contribute to local communities.

Environmental Protection Activities

In 2008, ORIX Group created SANGO
ORIX, a coral transplanting project
based in Okinawa, with the objective
of planting 10,000 juvenile corals.
Planting work was completed in
fiscal 2016, and coral transplanting
support activities are now being
conducted through the ORIX Miyauchi
Foundation. Also, Philippines-based
ORIX METRO Leasing and Finance
Corporation has been planting
mangroves in the Cagsao district, along
the San Miguel Bay on Luzon Island, Preparing juvenile corals Mangrove planting

since 2012.

Programs for Children

ORIX has been accepting elementary and
junior high school teachers as trainees
under a program to provide teachers
with training at companies. Keizai
Koho Center, an organization related
to Keidanren, serves as secretariat to
the program. The Sumida Aquarium
participates in the school support
network project supervised by the
secretariat of the Sumida City board of
education, and holds special classes at
elementary schools in Sumida City. The
Kyoto Aquarium holds special classes on Training for teachers at the Company (Tour of the Sumida Special class held by the Kyoto Aquarium
Aquarium)
the Japanese giant salamander, which is
a symbol of creatures living in local rivers,
at elementary schools in Kyoto City.

Programs that Contribute to Local Communities

ORIX converted the Makurazaki Airport
into a mega-solar power plant and
installed an astronomical observatory
at the plant site to provide a place
for local residents to gather. ORIX
Australia Corporation Limited supports
Foodbank, an organization that
works to prevent hunger, and Cure
Cancer Australia, an organization that
supports young cancer researchers. The
company also donates money through
United Way, a charity, to support
educational programs for children and Inside the astronomical observatory at Makurazaki Airport The staff of ORIX Australia Corporation Limited who
No. 1 and No. 2 Power Plants participate in Foodbank volunteer activities
helps young people find employment.

GR O UP D Y NAMICS 32
 Sustainability at ORIX

We are working to create a sustainable society

by using the diversity of ORIX.
Since its inception, ORIX has offered new value to society through its business
activities with a fundamental commitment to social contribution.
Profits are important to us as a company, but they are not our only objective.
We believe that providing new value to and being an integral part of society will
result in the profits that enable sustainable growth.

ORIX will continue to achieve sustainable growth and fulfill its social responsibilities
by contributing to society through its business activities.
In September 2019, we adopted our ORIX Corporate Sustainability Policy to clarify
our intention to promote sustainability.

* For details, refer to Sustainability at ORIX on the Group website.

https://www.orix.co.jp/grp/en/sustainability/

Contributing to Environmental Issues through Our Businesses

Creation of Tackling Issues in
Social Issues Transition to Creating a Smart
Efficient Use and a Society Aging Societie/ Regional
a Carbon-free and Resilient
Business Supply of Energy That Reuses and Promoting a Safe and Revitalization
Society Society
Segments Recycles Healthy Lifestyle

・Testamentary
・Shipping Business Substitute Trust
Corporate/ (installation of ballast Products Offered by
water treatment Mail Order
Customer Finance
equipment that ・Family Trust Support
Business and reduces environmental Services
Services impact and other ・Life Insurance Business
measures) that Responds to
Diverse Needs

Industrial/ICT ・Rental Business

・Robot Business
Equipment- ・Used Equipment Sales
・Drone Business
Related Business Business
・3D Printer Business
and Services ・Test Car Solution*

・Energy Conservation
Services ・Businesses that Recycle
・Electricity Visualization and Waste as Resources and
Environment and Automatic Control Service Support Waste Disposal
・Renewable Energy
Energy Business ・Sale and Lease/Rental of ・Garbage Reuse, Recycling
Business
and Services Solar Panels, Electricity and Appropriate Disposal
Storage Systems and Other Support Business/Metal
Products Recycling Business
・Electric Power Retailing

・Used Car Leasing Business/

Used Car Sales Business/
・Telematics Services
Vehicle Purchasing and Sales ・Telematics Services
Automobile- ・Development and Sale
Agency Services (Driving monitoring
Related Business ・Introduction of Electric service for older
of Special-Purpose
and Services Vehicles
and Hybrid Vehicles in Our drivers)
・Truck Rental Business
Car Rental and Car Sharing
Businesses

・Real Estate ・Real Estate

Development Business Development Business
Real Estate- (Development of (Development of
・Onsen Hotel
Related Business properties with
Operating Business
properties with
and Services high environmental enhanced business
performance) continuity planning
・Service Office Business (BCP) functions)

Other Business and ・Preventive Healthcare ・Concession Business

Services Support Business ・Agriculture Business

* Automobile and parts makers are experiencing growing procurement needs for measuring instruments and test vehicles in order to conduct R&D on practical application of autonomous
driving. ORIX Rentec offers a rental service referred to as Test Car Solution to corporate customers, providing a one-stop solution for their measuring instrument and test vehicle needs.

33 G R OU P D YNA MIC S
 Type of Service Description
Case Study 1 Efficient Energy Use and Supply
Provision of productivity improvement
■ Energy and energy saving services for the overall
Conservation Services Energy saving service in facility mainly through renewal of the
production facilities production equipment, which is the main
ORIX's energy conservation services help customers save energy and energy consuming equipment of the
reduce CO2 emissions by improving productivity during updates and facility.
installation of production facilities in plants and buildings. Introduction of co-generation facilities
Electrical / heat supply aimed at stable procurement of power,
service business continuity plans (BCP), and cost
•Installation reduction.
service fee
Lease fees, service fees •Outsourcing fee Conversion of fuels used in factories from
General contractors heavy oil etc. to LNG (liquefied natural
•Installation and subcontractors LNG fuel conversion
gas) with low environmental impact, for
Lease contract, service contract Engineering companies
Customers •Business
the purpose of reducing CO2.
ESCO contract Various manufacturers
outsourcing contract Introduction of energy-saving equipment
Maintenance companies Energy saving service for
•Installation work to energy-intensive factories, mainly
•Capital investment •Installation factory utilities
work •Maintenance through updating utilities.
•Maintenance
•Subsidy application •Energy conservation Energy saving service for
support and assessment Introduction of energy-saving equipment
commercial facilities and
other services to tailored to different types of facilities.
office buildings

Joint subsidy filing*1 Subsidy payment*2 ORIX has been selected as the
representative business entity of various
Energy saving service for
municipalities’ ESCO projects introducing
local governments
Subsidy providers various energy-saving facilities tailored to
different types of facilities.

*1 Cooperation with the application procedures or asset management by the joint applicant customer is required.
*2 The information regarding this service does not constitute a guarantee of the provision of a subsidy. If the application requirements are violated, return of a subsidy may be demanded.
The subsidy involves the receipt of public funds, and therefore, there are restrictions on disposal of assets and reporting requirements, and in the case of unapproved plan changes or failure to
achieve effects, return of the subsidy may be demanded. In the case of a joint application where ORIX returns a subsidy, the customer will be billed for its portion of the return subsidy (this does not
apply, however, in cases where a subsidy is returned at the fault of ORIX).

Case Study 2 Creation of a Society That Reuses and Recycles

■ Real *1 LEED: An environmental performance
Estate Development Business index developed by the U.S. Green
Building Council. It aims to promote
ORIX's real estate business segment develops real estate with high the global development of sustainable
environmental performance. We have a track record of developing more buildings with excellent energy efficiency.
than 20 buildings and logistic facilities that have earned high evaluations “LEED-CS” has five environmental
categories and two bonus categories
under the LEED*1 and CASBEE*2 environmental performance certification consisting of approximately 50 evaluation
programs. The ORIX Ueno 1-chome Building is at an extremely convenient ORIX Ueno 1-chome Building
criteria. The evaluation is based on the
total value of each index.
location just six minutes’ walk from six different train stations serviced by six
different lines. In addition to creating a friendly working environment, we are *2 CASBEE: Comprehensive Assessment System for Built Environment Efficiency:
committed to environmental performance and business continuity planning An evaluation system in Japan that evaluates and ranks the environmental
performance of buildings. The comprehensive evaluation includes criteria on usage of
(BCP), and the property has acquired LEED and CASBEE certifications. The environmentally friendly equipment and materials, energy saving efforts, provision of
building provides office space that encourages innovation by workers by a comfortable indoor environment and consideration for the surrounding area. The
offering a rooftop garden where workers can enjoy verdant greenery and a buildings are given an overall rank ranging from S, A, B+, B- and C.

nice view as well as parking and a shower room for bicycle commuters.

Case Study 3 Creating a Smart and Resilient Society

■ Development and Sale of Special-purpose Vehicles
ORIX Auto uses the expertise it has cultivated in truck and specialty office work as time permits, improving labor efficiency and cutting costs
vehicle leasing to plan and develop mobile bank branch vehicles at construction sites and other locations where temporary offices are
and mobile office vehicles that are equipped according to customer difficult to install. They can also store power and therefore can be used
requirements. in areas affected by disasters.
Mobile bank branch vehicles enable the provision of financial services
without opening a branch. In addition to financial institutions that
adopt these vehicles for use in disaster preparedness, an increasing
number of financial institutions are using the vehicles in regions where
they have consolidated branches.
Mobile office vehicles are modified commercial-use vans equipped
with a desk, chair with storage capabilities, inverter, air conditioner and
LED lamp to function as a simple office space. In the case of vehicles
equipped with a solar panel, it is possible to charge the on-board
battery from sunlight in addition to charging while the vehicle is
Mobile
running or from an external power supply. Mobile office vehicles enable office vehicle

GR O UP D Y NAMICS 34
 Corporate Network Japan

Established ORIX Group

Company Name Principal Business
(Acquired) Controlling Share

Corporate Financial Services and Maintenance Leasing

ORIX Auto Corporation Automobile Leasing, Rental, Car Sharing and Sales of Used Automobiles Jun 1973 100%
Rental and Leasing of Test and Measurement Instruments and IT-Related
ORIX Rentec Corporation Equipment
Sep 1976 100%
ORIX Asset Management & Loan Services Corporation Loan Servicing Apr 1999 100%
NS Lease Co., Ltd. Leasing, Lending, Other Financial Services (Jul 2002) 100%
ORIX Tokushima Corporation Leasing, Other Financial Services (Oct 2005) 95%
ORIX Loan Business Center Corporation Personal Loan Related Asset Management, Customer Relations May 2009 99%
Tsukuba Lease Corporation Leasing (June 2010) 95%
Kyuko-Lease Inc. Leasing, Other Financial Services (Jan 2012) 85%
FREEILL CORPORATION Medical Equipment Rental (May 2013) 100%
ORIX Agriculture Corporation Production of Vegetables at Plant Factory and Their Sales Feb 2014 100%
Development, Marketing, and Support of Business Management Software and
Yayoi Co., Ltd. Related Services
(Dec 2014) 99%
ORIX Yatsugatake Farm Co., Ltd. Production and Sales of Hydroponic Vegetables Apr 2015 97%
ORIX Food Supply Corporation Purchase and Sales of Fruits and Vegetables Jul 2016 100%
Altoa, Inc. Online Lending Feb 2017 91%
Manufacturing, Rental, Sales, and Purchasing of Power Receiving, Transforming, and
Yodogawa Transformer Co., Ltd. Generating Facilities and Equipment, Various Types of Transformers, Cubicles, etc. (Jan 2018) 100%
Real Estate
ORIX Interior Corporation Real Estate Rental, Parking Lot Business (Jan 1987) 100%
ORIX Hotel Management Corporation* 1 Hotel and Training Facility Management Jan 1997 100%
ORIX Real Estate Corporation Real Estate Investment, Development, Rental, Facility Operation and Management Mar 1999 100%
ORIX Asset Management Corporation Asset Management of J-REIT Sep 2000 100%
Chofu Driving School Corporation Driving School (Dec 2005) 100%
ORIX Real Estate Investment Advisors Corporation Real Estate Investment and Advisory Services Sep 2007 100%
ORIX Aquarium Corporation Aquarium Operation Apr 2011 100%
DAIKYO INCORPORATED Housing Development and Sales, Redevelopment (Jan 2019) 100%
PE Investment and Concession
ORIX Capital Corporation Venture Capital Oct 1983 100%
Environment and Energy
Trading of Recycled Metals and Other Resources, Collection and Transportation of
ORIX Eco Services Corporation Industrial Waste, and Intermediate Waste Processing Apr 1998 100%
ORIX Environmental Resources Management Corporation Waste Recycling Sep 2002 100%
Agatsuma Bio Power Co., Ltd. Biomass Power Generation Jan 2006 100%
Development and Manufacturing of Electronic Equipment and In-Vehicle Devices,
Ubiteq, INC. Development and Operation of Systems, IoT Business (Jul 2010) 57%
ONE Energy Corporation Sales, Leasing and Rental of Solar Panels and Electricity Storage Systems Mar 2013 70%
Zeeklite Co., Ltd. Waste Landfill, Mining and Sales of Zeolite (Feb 2017) 100%
Operation, Management, and Maintenance of Power Plants That Use Renewable
ORIX Renewable Energy Management Corporation Energy Sources Jun 2018 100%
Insurance
ORIX Life Insurance Corporation Life Insurance Apr 1991 100%
ORIX Insurance Consulting Corporation Insurance Agency Services Oct 2012 100%
Banking and Credit
ORIX Credit Corporation Consumer Finance Services Jun 1979 100%
ORIX Bank Corporation Banking (Apr 1998) 100%
Aircraft and Ships
ORIX Maritime Corporation Ship Charter and Ship Broker Service Nov 1977 100%
ORIX Aircraft Corporation Aircraft Leasing May 1986 100%
ORIX Headquarter Functions (Not Included in Segment Financial Information)
ORIX Insurance Services Corporation Insurance Agency Services Sep 1976 100%
ORIX Computer Systems Corporation Software Engineering and Systems Management Mar 1984 100%
ORIX Baseball Club Co., Ltd. Professional Baseball Team Management (Oct 1988) 100%
ORIX Management Information Center Corporation Accounting and Administration Services Oct 1999 100%
ORIX Business Center Okinawa Corporation Business Center, Contact Center Nov 1999 100%
ORIX Business Support Corporation Business Support Services Apr 2007 100%
*1 Blue Wave Corporation changed its name to ORIX Hotel Management Corporation effective April 1, 2020. (As of March 31, 2020)

35 G R OU P D YNA MIC S
 Overseas

Established ORIX Group

Country Name Company Name Principal Business Controlling
(Acquired) Share
ORIX Corporation USA Financial Services Aug 1981 100%
Mariner Investment Group, LLC Fund Operation and Management (Dec 2010) 70%
Boston Partners Global Investors, Inc. Asset Management (Jul 2013) 100%
The Americas

Harbor Capital Advisors, Inc. Asset Management (Jul 2013) 100%

USA
ORIX Real Estate Capital Holdings, LLC*2 Mortgage Banking and Loan Servicing Sep 2013 100%
Boston Financial Investment Management, LP Low Income Housing Tax Credit Syndicator (Jul 2016) 100%
Ormat Technologies, Inc.* Geothermal Power Generation (Jul 2017) 21%
NXT Capital Group, LLC Loan Origination, Asset Management (Aug 2018) 100%
ORIX Brazil Investments and Holdings Limited Equity Investment Aug 2012 100%
Brazil
RB Capital S.A. Real Estate Securitization, Asset Management, Real Estate Development and Investment (Dec 2016) 66%
ORIX Asia Limited Leasing, Automobile Leasing, Lending, Banking Sep 1971 100%
Hong Kong
ORIX Asia Capital Limited Equity Investment, Fund Operation and Management, Lending Jul 1973 100%
ORIX Taiwan Corporation Leasing, Sales Finance, Insurance Agency Services (Feb 1991) 100%
Taiwan ORIX Auto Leasing Taiwan Corporation Automobile Leasing Apr 1998 100%
ORIX Taiwan Asset Management Company NPL Investment, Loan Servicing Nov 2004 100%
ORIX Rentec (Korea) Corporation Rental and Leasing of Test and Measurement Instruments and IT-Related Equipment Apr 2001 100%
East Asia

South Korea ORIX Capital Korea Corporation Automobile Leasing, Leasing, Lending Feb 2004 100%
ORIX Private Equity Korea Corporation Fund Operation and Management Mar 2010 100%
ORIX China Corporation Leasing, Rental Aug 2005 97%
CHINA RAILWAY LEASING CO., LTD. Railway-Related Leasing (Jan 2006) 14%
China Beijing Oriental Jicheng Co., Ltd. Rental and Sales of Precision Measuring Equipment (Feb 2006) 23%
ORIX (China) Investment Co., Ltd. Leasing, Equity Investment, Other Financial Services Dec 2009 100%
Pang Da ORIX Auto Leasing Co., Ltd. Automobile Leasing May 2012 25%
Mongolia TenGer Financial Group LLC Banking, Leasing, Non-Life Insurance (Oct 2013) 16%
ORIX Leasing Singapore Limited Leasing, Sales Finance, Lending Sep 1972 50%
ORIX Investment and Management Private Limited Equity Investment, Lending May 1981 100%
Singapore
ETHOZ Group Ltd. Automobile Leasing and Rentals, Leasing Sep 1981 45%
ORIX Rentec (Singapore) Pte. Limited. Rental and Leasing of Test and Measurement Instruments and IT-Related Equipment Oct 1995 100%
ORIX Leasing Malaysia Berhad Leasing, Lending Sep 1973 100%
ORIX Credit Malaysia Sdn. Bhd. Sales Finance Jan 1981 100%
South-East Asia

ORIX Car Rentals Sdn. Bhd. Automobile Rentals Feb 1989 100%
Malaysia
ORIX Rentec（Malaysia）Sdn. Bhd. Rental and Leasing of Test and Measurement Instruments and IT-Related Equipment Nov 1996 100%
ORIX Auto Leasing Malaysia Sdn. Bhd. Automobile Leasing Oct 2000 100%
ORIX Asset Management Malaysia Sdn. Bhd. NPL Investment Jan 2008 100%
PT. ORIX Indonesia Finance Leasing, Automobile Leasing Apr 1975 85%
Indonesia
PT. Sinar Mitra Sepadan Finance Used Car Loans for Sole Proprietors and Individual Customers (Nov 2015) 85%
ORIX METRO Leasing and Finance Corporation Leasing, Automobile Leasing, Lending Jun 1977 40%
Philippines
ORIX Auto Leasing Philippines Corporation Automobile Leasing Sep 1989 40%
Thailand Thai ORIX Leasing Co., Ltd. Leasing, Automobile Leasing and Rentals Jun 1978 96%
Vietnam Indochina Capital Corporation Real Estate Development and Advisory, Investment Banking (Nov 2010) 25%
Pakistan ORIX Leasing Pakistan Limited* Leasing, Automobile Leasing Jul 1986 49%
South Asia Middle East and Africa Oceania

INFRASTRUCTURE LEASING & FINANCIAL SERVICES LIMITED Infrastructure Investment, Investment Banking (Mar 1993) 23%
India ORIX Auto Infrastructure Services Limited Automobile Leasing, Rentals, Leasing, Commercial Vehicle Loans, Commercial Mortgage Loans Mar 1995 99%
Canara Robeco Asset Management Company Limited Asset Management (Jul 2013) 49%
Egypt Sama Finance SAE Leasing, Automobile Leasing Jun 1997 34%
Saudi Arabia Saudi ORIX Leasing Company Leasing, Automobile Leasing Jan 2001 28%
UAE Al Hail ORIX Finance PSC Leasing, Automobile Leasing, Lending Mar 2002 38%
Bahrain The Mediterranean & Gulf Insurance & Reinsurance Company B.S.C. Non-Life Insurance, Life Insurance, Reinsurance (Jun 2013) 25%
Australia ORIX Australia Corporation Limited Automobile Leasing and Truck Rentals Jul 1986 100%
New Zealand ORIX New Zealand Limited Automobile Leasing Dec 1988 100%
Ireland ORIX Aviation Systems Limited Aircraft Leasing, Aircraft Asset Management Mar 1991 100%
Poland ORIX Polska S.A. Leasing, Automobile Leasing (Oct 1995) 100%
ORIX Corporation Europe N.V. Headquarters for the Business in Europe (Jul 2013) 100%
Europe

Netherlands Robeco Institutional Asset Management B.V. (RIAM) Asset Management (Jul 2013) 100%
Transtrend B.V. Asset Management (Jul 2013) 100%
Switzerland RobecoSAM AG Asset Management (Jul 2013) 100%
Britain ORIX Corporation UK Limited Equity Investment Jan 2018 100%
Notes: 1. Publicly-traded companies are indicated by an asterisk. (As of March 31, 2020)
2. In addition to the above, ORIX has other locations. In total, ORIX has locations in of 37 countries and regions worldwide.
*2 Effective on January 1, 2019, RED Capital Group, LLC (acquired in May 2010) and Lancaster Pollard Holdings, LLC (acquired in September 2017) were merged
to ORIX Real Estate Capital Holdings, LLC. Effective on April 1, 2020, Hunt Real Estate Capital, LLC (acquired in January 2020) was merged to the company.

GR O UP D Y NAMICS 36
 Corporate Profile (As of March 31, 2020)

Company Name ORIX Corporation

Established April 1964
Location World Trade Center Bldg., 2-4-1 Hamamatsu-cho, Minato-ku, Tokyo, 105-6135, Japan
Representative President and CEO: Makoto Inoue
Fiscal Year-End March
Shareholders’ Equity 2,993,608 million yen
Number of Employees 31,233
Number of Shares Issued 1,324,629,128
* On April 1, 2013, the Company split each share of its common stock,
which were held by shareholders recorded on the register of
shareholders as of March 31, 2013, into 10 shares.

Stock Exchange Listings Japan: Tokyo Stock Exchange (Securities: 8591)

United States: New York Stock Exchange (Trading Symbol: IX)
Description of Business Diversified Financial Services
Number of Group Companies Consolidated Companies: 923; Affiliates: 204
Locations Japan: 1,429
Overseas: 739
* ORIX has locations in 37 countries and regions worldwide.

Corporate Philosophy Action Guidelines

ORIX is constantly anticipating market needs and working to Develop the flexibility and foresight to
contribute to society by developing leading financial services on a Creativity constantly take actions that are creative and
global scale and striving to offer innovative products that create innovative.
new value for customers. Enhance ORIX Group strength by actively
Integration exchanging knowledge, ideas, and
experiences.

Management Policy
1. ORIX strives to meet the diverse needs of its customers and to deepen trust by constantly providing superior services.
2. ORIX aims to strengthen its base of operations and achieve sustained growth by integrating its resources to promote
synergies amongst different units.
3. ORIX makes efforts to develop a corporate culture that shares a sense of fulfillment and pride by developing personnel
resources through corporate programs and promoting professional development.
4. ORIX aims to attain stable medium and long-term growth in shareholder value by implementing these initiatives.

ORIX’S New Information Sharing Site: MOVE ON!

Information-sharing website that provides new awareness and vitality

In addition to presenting original content that introduces the relationship between ORIX
and social, economic and technological changes, MOVE ON! disseminates carefully selected
overseas media content that captures the trends of the times.
The site also features web-only content, TV commercials, and other ORIX Group advertisements
and planning information. Be sure to take a look!

You can find Scan here for the

MOVE ON! website.
MOVE ON!
from the top page
of the ORIX Group
website.

37 G R OU P D YNA MIC S
Message from Top Management

Contributing to the Economy and Bringing Our Society “Alive”

—This Is ORIX’s Continuing Challenge.

ORIX was started in 1964, the year of the Tokyo

Olympics, with capital of 100 million yen as a company
of 13 employees to develop the new industry of leasing
in Japan. Since then we have continued to adapt to
diversifying customer needs and changing economic
conditions. While working to increase our expertise in
each business, we have continued to think outside the
box, taking on new challenges in view of becoming an
even better company.
The scope of our business today has widened
considerably from the starting point of leasing, to
include lending, investment, life insurance, banking,
asset management, automobile related, real estate, and
environment and energy-related business. We have
grown into a unique global company unlike any other,
with approximately 31,000 employees, approximately 3
trillion yen shareholder equity and operations spanning
37 countries and regions around the globe. Going
forward, we aim to expand our business by leveraging
ORIX’s strengths and expertise. ORIX’s mission lies in
contributing to society while revitalizing economy with
creation of new markets and value through its diverse
businesses. We will continue to create new value by
repeating innovation with our brand slogan, “Answers,
Custom Fit.” based on our unique business model,
“ORIX,” which keeps evolving with versatility.
Makoto Inoue
Representative Executive Officer,
President and Chief Executive Officer

GR O UP D Y NAMICS 38
 https://www.orix.co.jp/grp/en/

Unless otherwise indicated, the information contained in this publication is based on figures dated March 31, 2020 202009