News Release

Care System Using Robotic Devices for Nursing Care Takes First Prize at Asia Pacific Eldercare Innovation Awards 2015 Held as Part of Ageing Asia Innovation Forum 2015

May 07, 2015

TOKYO, Japan - May 7, 2015 - ORIX Living Corporation (hereinafter, "ORIX Living"), a subsidiary of ORIX Corporation, announced today that it was awarded the top prize in the "Best Technology for Operational Efficiency" category at the 3rd Asia Pacific Eldercare Innovation Awards held April 14-15, 2015 in Singapore.

The Asia Pacific Eldercare Innovation Awards were held as part of the 6th Ageing Asia Innovation Forum 2015 (sponsored by Ageing Asia Pte. Ltd.*) and recognize businesses making outstanding contributions to eldercare in various categories in the Asia Pacific region. This year, the awards received more than 70 entries from nine countries.

Among the entries, the Neos+Care® room monitoring system installed in the GOOD TIME LIVING series of private nursing homes operated by ORIX Living drew a high level of interest from other Asian countries and won the "Best Technology for Operational Efficiency" category.

The system automatically detects residents' movements (e.g. getting out of bed) using sensors, with images instantly sent to designated tablet devices to reduce the occurrence of accidents such as slips and falls. It was developed in collaboration with NK Works Co., Ltd. at the ORIX Living Innovation Center (Osaka) operated by ORIX Living. Instances of misdetection by monitoring systems that have previously been an issue at nursing care facilities are minimized in this system, which also takes into account the need to protect users' privacy. It has even been adopted by the Ministry of Economy, Trade and Industry's Robotic Devices for Nursing Care Project.

 

In the future, ORIX Living will continue to support the wellbeing of residents and their families, offering them an active and vibrant lifestyle with peace of mind until the very end, and provide services highly regarded not just in Japan but around the globe.    

*Ageing Asia Pte. Ltd. is a consulting enterprise that works with corporate management, government officials, and community organizations in the Asia Pacific region to address ageing-related issues through collaborative development and strategic partnerships.

■Overview of ORIX Living Corporation
Head Office 2-2-15 Shiba, Minato-ku, Tokyo
Established April 1, 2005
Business (1) Management of private nursing homes, senior housing, and other facilities
(2) Provision of lifestyle support services needed at the abovementioned facilities
(3) Provision of nursing care services
(4) Various services related or incidental to items (1)-(3)

Contact Information:
ORIX Corporation
Corporate Planning Department
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 its first overseas expansion into Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in a total of 36 countries and regions across the world. Moving forward, ORIX aims to contribute to society while continuing to capture new business opportunities. For more details, please visit our website: http://www.orix.co.jp/grp/en/

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 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, 2013 - March 31, 2014."

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