Orix's Business Segments

ORIX is a joint stock corporation (kabushiki kaisha) formed under Japanese law. Our principal place of business is at World Trade Center Building, 2-4-1 Hamamatsu-cho, Minato-ku, Tokyo 105-6135, Japan, and our phone number is: +81 3 3435 3000. Our general contact URL is https://ssl.orix-form.jp/ir/inquiry_e/ and our corporate website URL is: http://www.orix.co.jp/grp/en. ORIX USA Corporation (“ORIX USA”) is ORIX’s agent in the United States, and its principal place of business is at 1717 Main Street, Suite 1100, Dallas, Texas 75201, USA.

ORIX was established in April, 1964 in Osaka, Japan as Orient Leasing Co., Ltd. by three trading companies and five banks that included Nichimen Corporation, Nissho Corporation and Iwai Corporation (presently Sojitz Corporation), the Sanwa Bank (presently The Bank of Tokyo-Mitsubishi UFJ, Ltd.), Toyo Trust & Banking (presently Mitsubishi UFJ Trust and Banking Corporation), the Industrial Bank of Japan and Nippon Kangyo Bank (presently Mizuho Bank, Ltd.), and the Bank of Kobe (presently Sumitomo Mitsui Banking Corporation).

Our initial development occurred during the period of sustained economic growth in Japan during the 1960s and the early 1970s. We capitalized on the growing demand in this period by expanding our portfolio of leasing assets.

During this time, our marketing strategy shifted from a focus on using the established networks of the trading companies and other initial shareholders to one that concentrated on independent marketing as the number of our branches expanded. In April 1970, we listed our Shares on the second section of the Osaka

Securities Exchange. Since February 1973, our Shares have been listed on the first sections of the Tokyo Stock Exchange and the Osaka Securities Exchange (which was integrated into Tokyo Stock Exchange in 2013). ORIX was also listed on the first section of the Nagoya Stock Exchange from February 1973 to October 2004.

ORIX Corporation, based in Japan, is a diversified financial services group that offers a comprehensive range of products and services across multiple segments. The organization categorizes its business operations into six strategic segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. Each segment is designed to tailor offerings efficiently and effectively to meet the unique needs of diverse customer bases, thereby driving value for both clients and the corporation.

1. Corporate Financial Services Segment

Overview of Operation

The Corporate Financial Services segment serves as the operational backbone of ORIX, supplying various financial products to small and medium-sized enterprises (SMEs) throughout Japan. This segment includes:

- Leasing: Offering a wide range of leasing options, including equipment leasing, vehicle leasing, and real estate leasing.
- Loans: Providing various loan products tailored to the needs of SMEs, which may include term loans, working capital loans, and specialized financing options.
- Advisory Services: Assisting businesses with strategic consultations, particularly in business succession planning, expansion strategies, and entering international markets.

This segment adopts a cross-functional approach, actively collaborating with other ORIX business units and subsidiaries, both domestically and internationally, to leverage shared resources and expertise.

Maintenance Leasing Segment

Overview of Operation

The Maintenance Leasing segment encompasses two primary operations: automobile leasing and equipment rental.

- Automobile Leasing: This includes leasing services for corporate clients, covering everything from standard vehicle leasing to specialized services such as fleet management. ORIX also provides comprehensive maintenance and compliance solutions tailored to the transportation needs of businesses.

- Car Rental and Car Sharing: In addition to conventional rentals, ORIX has expanded into car-sharing services, enabling greater flexibility for customers.

- Equipment Rental: ORIX started its roots in precision measuring equipment rentals and has significantly broadened its offerings. Now it includes IT and medical equipment, environmental monitoring tools, and various other high-demand equipment rentals. This segment also offers services like technical support, software sales, equipment calibration, and asset management.

Real Estate Segment

Overview of Operation

The Real Estate segment engages in a wide array of activities related to property development, management, and investment.

- Development and Leasing: ORIX is involved in developing and leasing out diverse property types, including office spaces, commercial facilities, logistics centers, and residential buildings. Their expertise also extends to asset management and real estate financing.

- Facility Operations: This area includes the management of various establishments such as hotels, resorts, aquariums, cultural facilities (including theaters), and recreational venues (golf courses).

- Real Estate Investment Advisory: ORIX provides consultation services to aid clients in making informed investment decisions within the real estate market.

Investment and Operation Segment

Overview of Operation

In this segment, ORIX focuses on three core areas: environmental and energy-related endeavors, principal investments, and loan servicing.

- Environment and Energy: ORIX has significantly invested in projects related to renewable energy and waste management, including large-scale wind power projects and waste collection services.

- Principal Investments: The segment is actively involved in private equity investments both domestically and internationally, capitalizing on ORIXs collective expertise to enhance portfolio value.

- Loan Servicing: ORIX engages in acquiring and servicing non-performing loans and collaborates with financial institutions to assist in business rehabilitation initiatives.

Retail Segment

Overview of Operation

The Retail segment comprises a range of financial services, including life insurance, banking, and card lending.

- Life Insurance: ORIX Life Insurance, established in 1991, provides various insurance products, primarily through agency channels. The company has grown through strategic acquisitions and merges since its inception.

- Banking Services: ORIX Bank offers a variety of banking services, emphasizing housing loans, corporate lending, and card loan services initiated in March 2012.

- Card Loans: ORIX Credit is a staple in the consumer lending market, having transitioned from a joint venture to a wholly owned subsidiary of ORIX Group, focusing on providing accessible credit services to consumers.

Overseas Business Segment

Overview of Operation

ORIX has successfully expanded its footprint globally, with operations spanning 36 countries and regions, enabling a multifaceted approach to asset management and investment.

- Corporate Finance: In the United States and beyond, ORIX provides services in corporate finance, securities investment, M&A advisory, and fund management.

- Investment Activities: This includes real estate-related investments and transactions involving non-performing loans, along with extensive involvement in leasing and fleet management.

- Asset Management: Through its partnership with Robeco, ORIX offers tailored asset management services, targeting both individual and corporate clients focused on environmental and energy-related investments.

Conclusion

ORIX Corporation is structured to respond dynamically to market demands through its extensive and varied portfolio. Each segment is designed not only to capitalize on existing capabilities but also to foster collaboration across units, thus enhancing both the companys resilience and its potential for strategic growth in myriad environments. With a strong emphasis on innovation and diversification, ORIX continues to evolve while maintaining its foundational commitment to customer service and operational excellence.