, styled as ORIX, is a Japanese diversified financial services group headquartered in

Minato, Tokyo is a Special wards of Tokyo, special ward of Tokyo, Japan. It is also called Minato City in English. Minato was formed in 1947 as a merger of Akasaka, Tokyo, Akasaka, Azabu and Shiba, Tokyo, Shiba wards following Tokyo City's Local Autonomy Ac ...

, and

Osaka is a Cities designated by government ordinance of Japan, designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the List of cities in Japan, third-most populous city in J ...

, Japan. ORIX offers leasing, lending, rentals, life insurance, real estate financing and development, venture capital, investment and retail banking, commodities funds and securities brokering. In addition to expanding its offerings, ORIX has also expanded globally, offering financial services in

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

, the

Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...

and

Northern Africa North Africa (sometimes Northern Africa) is a region encompassing the northern portion of the African continent. There is no singularly accepted scope for the region. However, it is sometimes defined as stretching from the Atlantic shores of t ...

. Divisions include Japan-based ORIX Auto Leasing Corporation, which operates in other countries through subsidiaries such as ORIX Auto Leasing (

Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...

) Co., Ltd. It is also known for being the majority owner of the

ORIX Buffaloes The are a Nippon Professional Baseball team formed as a result of the 2004 Nippon Professional Baseball realignment by the merger of the Orix BlueWave of Kobe, Hyōgo Prefecture, Japan, and the Osaka Kintetsu Buffaloes of Osaka, Osaka Prefecture ...

baseball team in

Nippon Professional Baseball is a professional baseball league and the highest level of baseball in Japan. Locally, it is often called , meaning simply ''Professional Baseball''; outside of Japan, NPB is often referred to as "Japanese baseball". The roots of the league ...

History

ORIX was established April 17, 1964 as ''Orient Leasing Co., Ltd.'' The company's name was changed to ORIX Corporation in 1989. ORIX was originally a subsidiary of the trading house Nichimen (now

Sojitz is a '' sogo shosha'' (general trading company) based in Tokyo, Japan. It is engaged in a wide range of businesses globally, including buying, selling, importing, and exporting goods, manufacturing and selling products, providing services, and p ...

). Yoshihiko Miyauchi transferred to the company from Nichimen and went on to serve as its chairman and CEO, taking a key role in expanding its leasing business into a global player. Following his retirement in 2014, he was paid a 4.4 billion yen retirement bonus, an amount generally unheard of in the Japanese corporate world. In 2006,

Orix USA , styled as ORIX, is a Japanese diversified financial services group headquartered in Minato, Tokyo, and Osaka, Japan. ORIX offers leasing, lending, rentals, life insurance, real estate financing and development, venture capital, investment an ...

acquired a majority stake in the investment bank

Houlihan Lokey Houlihan Lokey, Inc., is an American multinational independent investment bank and financial services company. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California. The firm ad ...

to address the growing international demand for middle-market investment banking services. Houlihan Lokey opened offices in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

and

Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

in 2007. As of 2007, ORIX was Japan's largest leasing and leading diversified financial services conglomerate with assets in excess of US$69 billion and subsidiaries & associates in 24 countries worldwide. In early 2009, ORIX management advised employees worldwide that due to suffering a series of losses because of the economic downturn, a retrenchment of 10% of its employees would occur. In turn this resulted in the termination of approx 600 individuals' employment contracts. On July 1, 2013 ORIX has acquired approximately 90.01% of the equity in Dutch

asset manager Asset management is a systematic approach to the governance and realization of all value for which a group or Entity#In law, politics, economics, accounting, entity is responsible. It may apply both to tangible assets (physical objects such as co ...

Robeco from

Rabobank Rabobank (; full name: ''Coöperatieve Rabobank U.A.'') is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. The group comprises 89 local Dutch Rabobanks (2019), a central organisation (Raboban ...

also from the Netherlands.ORIX press releas
ORIX completes acquisition of Robeco, July 1, 2013
, accessdate July 13, 2013 The total sale price was €1,937 million (JPY 250.7 billion). Robeco will help Orix to pursue its growth ambitions in global asset management. ORIX and

Vinci SA Vinci (; corporately styled VINCI) is a French concessions and construction company founded in 1899 as Société Générale d'Entreprises. Its head office is in Nanterre, in the western suburbs of Paris. Vinci is listed on Euronext's Paris st ...

won a 45-year contract in 2015 to operate

Itami Airport , often referred to as , is the primary domestic airport for the Kansai region of Japan, including its major cities of Osaka, Kyoto, and Kobe. It is the airport closest to Osaka, being 11 km (7 mi) north of Osaka Station, as well as ...

and

Kansai International Airport Kansai International Airport (), commonly known as Kankū (; ), is the primary international airport in the Keihanshin, Greater Osaka Area of Japan and the closest international airport to the cities of Osaka, Kyoto, and Kobe. It is located on ...

Osaka Prefecture is a prefecture of Japan located in the Kansai region of Honshu. Osaka Prefecture has a population of 8,778,035 () and has a geographic area of . Osaka Prefecture borders Hyōgo Prefecture to the northwest, Kyoto Prefecture to the north, Nara ...

, at a price of around US$18 billion.

References

External links

ORIX Corporation
Companies listed on the Tokyo Stock Exchange Companies listed on the New York Stock Exchange Financial services companies based in Tokyo Companies based in Osaka Prefecture Leasing companies Japanese brands Midori-kai Financial services companies established in 1964 Japanese companies established in 1964 Companies in the KSE 100 Index {{japan-company-stub

History

See also

References

External links