ORIX Corporation (オリックス株式会社)

Wiki route

This entry sits under leasing-firms INDEX. Read it against Tokyo Century for peer / contrast context and banking index for the broader system / regulatory boundary.

TL;DR

Japan’s largest integrated financial-services conglomerate. Established 1964-04-17 as the former Orient Lease, with joint investment from 5 社 parties including Sanwa Bank + Nichimen Jitsugyo + Nichimen. Starting from leasing → diversified into 10 segments (corporate financial services, automobiles, real estate, business investment, environment & energy, insurance, banking, asset management, the Americas, Asia & Australasia). It has a consolidated equity-method-style structure and is not a bank holding company under the Banking Act (it is a financial instruments business operator). Dual-listed on the TSE PRIME 8591 / NYSE: IX. Chairman Makoto Inoue; Senior Chairman Yoshihiko Miyauchi (effectively the architect of its revival). ^•

1. Company overview

Legal name: ORIX Corporation (オリックス株式会社) ^• English name: ORIX Corporation Securities code: TSE PRIME 8591 (1970 OSE Second Section → 1973 TSE Second Section → 1991 TSE First Section) / NYSE: IX (1998-09 ADR listing) ^• Founded: 1964-04-17 (as Orient Lease Corporation) ^• Renamed: 1989-04 (trade name changed to ORIX Corporation) ^• Head office: World Trade Center Building South Tower, 2-4-1 Hamamatsucho, Minato-ku, Tokyo (registered) / Osaka head office, Nishi-ku, Osaka ^•

Management structure (FY 2025 年) ^•

Major shareholders (as of 2025-03-31) ^•

Major subsidiaries / holdings

ORIX Corporation (holding function + direct businesses, listed 8591 / IX)
  ├── Domestic corporate financial services / leasing (parent)
  ├── ORIX Auto (100%) ── auto leasing / car-sharing "ORIX Car Share"
  ├── ORIX Rentec (100%) ── measuring-instrument / PC / robot rental
  ├── ORIX Real Estate (100%) ── office-building / commercial-facility development & operation
  │     └── ORIX JREIT (J-REIT, 8954) ── via asset-management company
  ├── ORIX Bank (100%) ── real-estate investment loans / e-Direct deposits
  ├── ORIX Credit (100%) ── card loans / credit
  ├── ORIX Life Insurance (100%) ── "Cure" / "Fine Support Plus" mid-tier life insurer
  ├── ORIX Asset Management (100%) ── REIT etc. management
  ├── ORIX USA Corporation (100%, established 1981 ) ── Americas headquarters
  │     ├── Boston Financial Investment Management
  │     └── NXT Capital (lending) / Mariner Investment Group (former), etc.
  ├── ORIX Asia / ORIX Australia / ORIX India (each 100%) ── Asia & Australasia
  ├── Yayoi (divested 2014→2019) ── former subsidiary, now KKR-affiliated
  └── Houlihan Lokey (former investment 2006〜, now NYSE: HLI, stake reduced)

Key chronology (excerpt) ^•

2. Business-segment map (10 segments)

Diversification model

• The “Leasing+” model: starting from the founding leasing business, expanding step by step into adjacent businesses (lending → real estate → investment → insurance → banking → AM) ^•

Strategic-alliance / M&A history

• Houlihan Lokey investment (2006): US M&A boutique, now NYSE: HLI (stake reduced; returns secured via IPO) ^•
• Acquisition of Mariner Investment Group and other PE (early 2010 年s): US alternatives investment base ^•
• Major US real-estate expansion (2017): office, hotel, logistics → 2023〜2024 unrealized-loss / write-down risk surfaced ^•
• Yayoi divestment (2019): to Nordic Capital (KKR-affiliated); rationalization of the IT business portfolio ^•
• Ooedo-Onsen Monogatari divestment (2021): to Lone Star; exit from the hot-spring business ^•

4. Regulation / policy

• Supervisor: Financial Services Agency (FSA) + individual sector-specific regulation for each business
• Recent policy issues:
  • 2023〜2024 US office-real-estate unrealized losses → transparency of disclosure / impairment processing
  • 2024〜 BoJ rate normalization → improvement in domestic lending margins
  • Environment & energy (renewables) → linked to the government’s GX strategy and FIT/FIP schemes

Successive presidents (postwar; major only) ^•

Related

• mufg · smfg · mizuho-fg · ndfg
• Mitsubishi Hc Capital · Tokyo Century · Fuyo General Lease · NTT TC Leasing (peer leasing)

Sources

• Wikipedia: オリックス (企業) (https://ja.wikipedia.org/wiki/オリックス_(企業), extracted 2026-05-19)
• ORIX 62 th term (FY 2025-03 ) securities report (published 2025-06 )
• ORIX official history / IR materials (updated FY 2025 年)
• Houlihan Lokey NYSE: HLI public information / 2015 IPO prospectus

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[!info] Verification status confidence: likely (v1.0 Wikipedia + official IR cross-check 2026-05-19). The 10 segment classification, chronology, and management structure are based on Wikipedia + ORIX’s official history. The specific figures for overseas ratio / US real-estate unrealized losses are ambiguous (dependent on point-in-time variation / disclosure granularity). For the latest values, refer to ORIX’s integrated report and quarterly IR.