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    8591   JP3200450009

ORIX CORPORATION

(8591)
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ORIX : Current Report by Foreign Issuer (Form 6-K)

12/03/2021 | 06:12am EST
Form 6-K Table of Contents

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 OF

THE SECURITIES EXCHANGE Act of 1934

For the month of December 2021

ORIX Corporation

(Translation of Registrant's Name into English)

World Trade Center Bldg., SOUTH TOWER, 2-4-1 Hamamatsu-cho, Minato-Ku, Tokyo, JAPAN

(Address of Principal Executive Offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F ☒ Form40-F ☐

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes ☐ No ☒

Table of Contents

Table of Contents

Material Contained in this Report

Page

1.

English press release entitled, "Notice regarding Share Repurchase Status."
Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ORIX Corporation

Date: December 3, 2021

By

/s/ SHOJI TANIGUCHI

Shoji Taniguchi

Member of the Board of Directors

Senior Managing Executive Officer

Responsible for Treasury and Accounting Headquarters

Responsible for Enterprise Risk Management Headquarters

Responsible for Corporate Communications Department

Assistant to CEO

ORIX Corporation

Table of Contents

Notice regarding Share Repurchase Status

TOKYO, Japan - December 3, 2021- ORIX Corporation hereby announces the status regarding its share repurchase pursuant to the provisions of its Articles of Incorporation and Article 459, Paragraph 1 of the Companies Act, which was resolved at its Board of Directors meeting held on May 13, 2021, as follows.

1.  Class of shares repurchased

Common shares

2.  Total number of shares repurchased

3,147,000 shares

3.  Total purchase price of shares repurchased

JPY 7,312,178,350

4.  Repurchase Period

November 1, 2021 - November 30, 2021

5.  Method of share repurchase

Market purchases based on the discretionary dealing contract regarding repurchase of own shares

(Reference)

1.  Details of the resolution reached at the Board of Directors meeting held on May 13, 2021

(1)   Class of shares to be repurchased

Common shares

(2)   Total number of shares to be repurchased

Up to 50,000,000 shares
(approx.4.1% of the total outstanding shares (excluding treasury shares))

(3)   Total purchase price of shares to be repurchased

Up to 50 billion yen

(4)   Repurchase Period

From May 17, 2021 to March 31, 2022

(5)   Method of share repurchase

Market purchases based on the discretionary dealing contract regarding repurchase of own shares

2.  Cumulative number of shares repurchased based on the above resolution at the Board of Directors Meeting (as of November 30, 2021)

(1)   Total number of shares repurchased

22,223,000 shares

(2)   Total purchase price of shares repurchased

JPY 45,668,922,300

Contact Information:

Investor Relations and Sustainability Department

ORIX Corporation

Tel: +81-3-3435-3121

Table of Contents

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, 2021)

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 Company's 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, 2020 - March 31, 2021."

Disclaimer

ORIX Corporation published this content on 03 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 11:11:05 UTC.


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Sales 2022 2 536 B 22 273 M 22 273 M
Net income 2022 298 B 2 615 M 2 615 M
Net Debt 2022 6 514 B 57 213 M 57 213 M
P/E ratio 2022 9,52x
Yield 2022 3,49%
Capitalization 2 763 B 24 252 M 24 266 M
EV / Sales 2022 3,66x
EV / Sales 2023 3,59x
Nbr of Employees 33 153
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Mean consensus BUY
Number of Analysts 13
Last Close Price 2 370,00 JPY
Average target price 2 565,38 JPY
Spread / Average Target 8,24%
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Makoto Inoue Executive Officer
Hitomaro Yano Deputy General Manager-Finance
Stan H. Koyanagi Director & Global General Counsel
Tomoko Kageura Executive Officer, GM-Compliance & Legal Affairs
Shuji Irie Deputy General Manager-Business Investment
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