Notice regarding Cancellation of Own Shares
TOKYO, Japan December 16, 2022 ORIX Corporation hereby announces that it has decided to cancel its own shares on
December 15, 2022, in accordance with Article 178 of the Companies Act, as described below.
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1. Class of shares to be cancelled |
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Common shares |
2. Number of shares to be cancelled |
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23,427,745 shares |
3. Scheduled cancellation date |
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January 20, 2023 |
(Reference)
Policies for
Share Cancellation
At the Board of Directors meeting held on October 28, 2019, ORIX approved a policy regarding cancellation of
its own shares under which, in principle, ORIX shall limit its total holdings of its own shares to an amount equal to 5% of its total number of issued shares and shall cancel any shares exceeding such amount.
Contact Information:
Investor Relations and
Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121
About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by
constantly pursuing new businesses.
Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring
fields and at present has expanded into lending, investment, life insurance, banking, asset management, automobile related, real estate and environment and energy related businesses. Since entering Hong Kong in 1971, ORIX has spread its businesses
globally by establishing locations in 28 countries and regions across the world.
Going forward, ORIX intends to utilize its strengths and
expertise, which generate new value, to establish an independent ORIX business model that continues to evolve perpetually. In this way, ORIX will engage in business activities that instill vitality in its companies and workforce, and thereby
contribute to society. For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of September 30, 2022)
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 that 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 Companys annual report on Form 20-F filed with the United States Securities and Exchange Commission
and under (4) Risk Factors of the 1. Summary of Consolidated Financial Results of the Consolidated Financial Results April 1, 2021 March 31, 2022. furnished on
Form 6-K.