Home > News Releases > 2011 > Announcement Regarding Fortification of Financial Base Through Capital Increase

News Releases 2011

November 24, 2011

Contact Information
ORIX Corporation, Investor Relations
TEL : +81-3-5419-5042 / Fax : +81-3-5419-5901
URL : www.orix.co.jp/grp/en/

Announcement Regarding Fortification of Financial Base Through Capital Increase

TOKYO, Japan – November 24, 2011 – ORIX Life Insurance Corporation (hereinafter, ORIX Life Insurance), a subsidiary of ORIX Corporation, today announced that it has increased capital through a 10 billion yen allotment of shares to ORIX Corporation. 

The purpose of this capital increase is to further strengthen ORIX Life Insurance’s financial base in preparation for future business expansion. The total of capital and capital reserve after the capital increase is 51 billion 204 million yen. 

ORIX Life Insurance will further continue to develop new products that meet customer needs, expand sales and improve customer service.

1. Number of New Shares to be Allocated
2. Amount to be Paid
3. Amount of Stated Capital Increase
   Amount of Capital Reserve Increase
4. Recipient of Allocation:
5. Amount of Stated Capital After Increase
   Amount of Capital Reserve After Increase
6. Shareholding After Allocation 

:200,000 shares of common stock
:JPY 10 billion
:Stated Capital      JPY 5 billion
:Capital Reserve     JPY 5 billion
:ORIX Corporation
:Stated Capital      JPY 32.5 billion
:Capital Reserve     JPY 18.704 billion
:ORIX Group 100%

About ORIX
ORIX Corporation (TSE: 8591; NYSE: IX) is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 27 countries and regions worldwide, ORIX’s activities include corporate financial services, such as leases and loans, as well as automobile operations, rental operations, real estate, life insurance, banking and loan servicing. For more details, please visit our website at: www.orix.co.jp/grp/index_e.htm

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 to 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 “Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2010 – March 31, 2011.”  

 

 

The files are in Adobe Acrobat Format. To view them you will need Acrobat Reader Open Link in New Window version 5.0 or greater