TOKYO, Japan ―October 26― ORIX Corporation hereby announces that its Board of Directors has, pursuant to Article 34 of its Articles of Incorporation, in accordance with Article 459, paragraph 1 of the Companies Act, passed the following resolutions with regard to the matters provided in Article 156, paragraph 1 of the Companies Act concerning the share repurchase.
Reason for Repurchase
To implement flexible capital management policy corresponding to changing business environment.
Details of Share Repurchase
Class of shares to be repurchased: Common shares
Total number of shares: Up to 39,000,000 shares
(approx.2.97% of the total outstanding shares (excluding treasury shares))
Total amount of shares to be repurchased: Up to 50 billion yen
Repurchase Period: From October 27, 2016 to March 31, 2017
Method of share repurchase: Market purchases on the Tokyo Stock Exchange
(Reference)
Status of treasury shares as of September 30, 2016:
* The Company's shares held through the Board Incentive Plan Trust (2,489,951 shares) are not included in the number of treasury shares.
Contact Information:
ORIX Corporation
Corporate Planning Department Tel: +81-3-3435-3121
About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is an opportunistic, diversified, innovation-driven global powerhouse with a proven track record of profitability. Established in 1964, ORIX at present operates a diverse portfolio of businesses in the operations, financial services, and investment spaces. ORIX's highly complementary business activities span industries including: energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retail financial services. ORIX has also spread its business globally by establishing locations in a total of 37 countries and regions across the world. Through its business activities, ORIX has long been committed to corporate citizenship and environmental sustainability. For more details, please visit our website: http://www.orix.co.jp/grp/en/
Caution Concerning Forward Looking Statements:
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under "Risk Factors" in the Company's annual report on Form 20-F filed with the United States Securities and Exchange Commission and under "4. Risk Factors" of the "Summary of Consolidated Financial Results" of the "Consolidated Financial Results April 1, 2015 - March 31, 2016."
ORIX Corporation published this content on 26 October 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 October 2016 06:41:02 UTC.
Original documenthttp://www.orix.co.jp/grp/en/pdf/news/161026_ORIXE3.pdf
Public permalinkhttp://www.publicnow.com/view/F4213814FA1051D216F93F12262D8D65852F2F71
ORIX Corporation is a financial services group organized around 9 business divisions:
- life insurance (19.3% of net sales);
- corporate financial services (17.6%): leasing and rental of automobiles, IT-related and technological equipment;
- development, management and promotion of real estate assets (15.5%);
- private equity investment (15.3%);
- asset and investment fund management in Europe (8.8%);
- capital markets and investment banking in the United States (6.4%);
- finance and investment banking in Asia and Australia (5.9%);
- retail banking and consumer finance (3.4%);
- aircraft and ship leasing and financing (1.5%).
The balance of net sales (6.3%) relates to energy and environmental activities (renewable energy production, electricity distribution, sale of solar panels and electricity storage systems, recycling and waste management).
ORIX CORPORATION 
