News Release

Announcement Regarding Management Changes

Dec 13, 2011

TOKYO, Japan – December 13, 2011 – ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today made public an announcement regarding management changes.

Changes Effective as of January 1, 2012
New Position Present Position Name
Director and Vice Chairman
Group Corporate Sales
Group Kansai Representative
Chairman, ORIX Real Estate Corporation
President, ORIX Baseball Club Co., Ltd.
Director and Vice Chairman
Group Corporate Sales
Group Kansai Representative
Chairman, ORIX Real Estate Corporation
President, ORIX Baseball Club Co., Ltd.
Chairman, ORIX Auto Corporation
Hiroaki Nishina
Director and Corporate Executive Vice President
Head of Domestic Sales Administrative Headquarters
Chairman, ORIX Rentec Corporation
Chairman, ORIX Auto Corporation
Director and Corporate Executive Vice President
Head of Domestic Sales Administrative Headquarters
Chairman, ORIX Rentec Corporation
Kazuo Kojima
Director and Corporate Executive Vice President
Chief Information Officer
Head of Human Resources & Corporate Administration Headquarters
Director and Corporate Executive Vice President
Chief Information Officer
Head of Human Resources & Corporate Administration Headquarters
Head of IT Planning Office
Tamio Umaki
Corporate Senior Vice President
Head of Accounting Headquarters
President, ORIX Management Information Center Corporation
Executive Officer
Head of Accounting Headquarters
President, ORIX Management Information Center Corporation
Takao Kato
Executive Officer
Head of Investment & Operation Headquarters
Executive Officer
Acting Head of Investment & Operation Headquarters
Yuichi Nishigori
Executive Officer
Domestic Sales Administrative
Headquarters: Head of Tokyo Sales
President, NS Lease Co., Ltd.
Domestic Sales Administrative
Headquarters: Head of Tokyo Sales
Yasuyuki Ijiri
Executive Officer
Deputy Head of Human Resources & Corporate Administration Headquarters
Head of IT Planning Office
Deputy Head of Human Resources & Corporate Administration Headquarters
Assistant Head of IT Planning Office
Shigeki Seki
Executive Officer
Domestic Sales Administrative
Headquarters: Head of OQL Business Headquarters, Regional Business Department, Administration Center and Call Center
President, ORIX Call Center Corporation
Domestic Sales Administrative
Headquarters: Head of OQL Business Headquarters, Regional Business Department, Administration Center and Call Center
President, ORIX Call Center Corporation
Satoru Katahira
Retire*1 Corporate Senior Vice President
Head of Investment & Operation Headquarters
Mitsuo Nishiumi
Retire*2 Executive Officer
Domestic Sales Administrative
Headquarters: Head of Corporate Sales Planning
Keiji Ito
Retire*3 Group Executive
President, ORIX Investment Corporation
Hisayuki Kitayamai

*1 Mitsuo Nishiumi will be appointed Chairman, Osaka City Dome Co., Ltd.
*2 Keiji Ito will be appointed Corporate Executive Vice President, ORIX Auto Corporation.
*3 Hisayuki Kitayama will remain President, ORIX Investment Corporation.

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

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: http://www.orix.co.jp/grp/en

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.”

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