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    8591   JP3200450009

ORIX CORPORATION

(8591)
  Report
Delayed Japan Exchange  -  02:00 2022-06-24 am EDT
2308.50 JPY   -0.92%
01:36aORIX : Notice of Resolution at the 59th Annual General Meeting of Shareholders
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06/23ORIX : The Announcement of First Quarter Results 2022/6 is Scheduled on August 3rd (Wed)
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06/14ORIX USA Invests in Three Renewable Natural Gas Projects
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ORIX : Yatsugatake Farm Ceases Business Activities

04/26/2022 | 10:05pm EDT

TOKYO, Japan - April 27, 2022 - ORIX Yatsugatake Farm Co., Ltd. announced today that it has ceased business activities.
ORIX Yatsugatake Farm will be liquidated as soon as necessary legal procedures are complete.

■ Company Overview
Name ORIX Yatsugatake Farm Co., Ltd.
Location 1312 Tatsuzawa, Fujimi-machi, Suwa, Nagano
Description of business Production and sale of various leafy vegetables grown hydroponically

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 March 31, 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 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 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 02:04:05 UTC.


© Publicnow 2022
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Financials
Sales 2022 2 568 B 19 008 M 19 008 M
Net income 2022 309 B 2 284 M 2 284 M
Net Debt 2022 6 538 B 48 394 M 48 394 M
P/E ratio 2022 9,01x
Yield 2022 3,66%
Capitalization 2 751 B 20 365 M 20 365 M
EV / Sales 2022 3,62x
EV / Sales 2023 3,95x
Nbr of Employees 33 153
Free-Float 94,9%
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Mean consensus BUY
Number of Analysts 12
Last Close Price 2 308,50 JPY
Average target price 2 851,67 JPY
Spread / Average Target 23,5%
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Managers and Directors
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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