ORIX Corporation announced management changes and organizational reform, effective as of January 1, 2018. Makoto Inoue, Director, Representative Executive Officer, President and Chief Executive Officer, responsible for Open Innovation Business Department, Group IoT Business, Department, New Business, Development Department will now be Director, Representative Executive Officer, President and Chief Executive Officer, responsible for Group Strategy Business Unit. Kazutaka Shimoura, Corporate Senior Vice President, Head of Credit and Investment, Management Headquarters, responsible for Group Internal Audit Department will now be Corporate Senior Vice President, Head of Credit and Investment Management Headquarters.

Satoru Matsuzaki, Executive Officer, Head of Eastern Japan Sales, Headquarters will now be Corporate Senior Vice President, Head of Domestic Sales Administrative Headquarters, Head of Eastern Japan Sales Headquarters. Hitomaro Yano, Executive Officer, Deputy Head of Treasury and, Accounting Headquarters will be Executive Officer, Head of Treasury and Accounting Headquarters. Yasuaki Mikami, Executive Officer, Head of Group Human Resources and Corporate Administration Headquarters, Responsible for Work Style Reform Project will be now Executive Officer, Head of Group Human Resources and Corporate Administration Headquarters, Responsible for Secretariat of The Board of Directors Responsible for Work Style Reform Project.

Yoshiteru Suzuki of ORIX USA Corporation will be Executive Officer, Deputy President, ORIX USA Corporation. Yoshiko Fujii, General Manager of Corporate Planning Department will become Executive Officer, Deputy Head of Enterprise Risk Management Headquarters. The company also announced the retirement of Shintaro Agata, Corporate Executive Vice President, Head of Treasury and Accounting Headquarters.

Mr. Agata will be appointed Advisor of ORIX on January 1, 2018. Takao Kato, Corporate Senior Vice President, Deputy Head of Treasury and Accounting Headquarters. Mr. Kato will be appointed Advisor of ORIX on January 1, 2018.

Satoru Katahira, Corporate Senior Vice President Chief Information Officer, responsible for IT Planning Office President, ORIX Business Center Okinawa Corporation. Mr. Katahira will be appointed Chairman of Health Insurance Society and Corporate Pension Fund of ORIX Group on January 1, 2018. Shuichi Murakami, Executive Officer, responsible for Special Assignments.

Mr. Murakami will be in charge of Korea Business Division of East Asia Business Headquarters of ORIX on January 1, 2018.