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News Releases 2017

February 9, 2017

Construction Begins on Hasuda Logistics Center

TOKYO, Japan - February 9, 2017 - ORIX Corporation ("ORIX") announced today that it began construction of the Hasuda Logistics Center in the city of Hasuda, Saitama Prefecture on January 27, 2017. Construction of the facility is scheduled for completion in the middle of February 2018, and ORIX has begun taking applications for tenant companies.

The Hasuda Logistics Center will be located about 5 km from the Kuki Interchange on the Tohoku Expressway, and about 3.6 km from the Shiraoka Shobu Interchange on the Metropolitan Inter-City Expressway. It is a convenient location easily accessible by car from either interchange. Hasuda, where the facility will be located, is not only an advantageous logistic base to serve the Tokyo metropolitan area and the Tohoku region, with the Tohoku Expressway at its center; it is also an area that is expected to benefit significantly from the planned opening this month of the portion of the Metropolitan Inter-City Expressway between Sakai-Koga and Tsukuba-Chuo, making it a suitable logistic area to cover both the entire Kanto region and eastern Japan. Additionally, the facility is accessible by public transportation, attracting part-time workers from a wide surrounding area.

The facility consists of a three-story aboveground facility with a floor area of 34,850.41 m2, situated on a site with an area of 23,510.77 m2. The first floor will have a total of 59 truck berths on two sides, and the site will be equipped with 20 standby spaces for 10-ton trucks and a parking lot for 80 standard passenger vehicles. As part of the facility's business continuity plan (BCP), it will also be equipped with an emergency generator, and LED lighting will be used for all lighting inside and outside the facility to enable tenant companies to reduce their electricity usage. A commercial warehouse can also be constructed on the site, and 24-hour operation will also be possible.

Going forward, ORIX will continue to develop state-of-the-art logistics facilities to meet the needs of evolving supply chain strategies and the rapid expansion of the e-commerce market in Japan.

 

1. Facility Outline
Name
Location
Access


Design Company
Construction
Company
Site
Total Floor Space
Scale
and Structure
Other

Expected
Completion


: Hasuda Logistics Center
: 723-1 Oaza Negane Aza Sarada, Hasuda City, Saitama Prefecture
: Approx. 5 km from Kuki Interchange on the Tohoku Expressway
  Approx. 3.6 km from Shiraoka Shobu Interchange
  on the Metropolitan Inter-City Expressway
: Asai Ken Architectural Research Inc.
: Toyo Construction Co., Ltd.

: 23,510.77 m2
: 34,850.41 m2
: Three-story steel construction

: Floor load 1.5t/m2,
  effective height under lower beam 5.5 m or higher
: Middle of February 2018


2. Rendering of Completed Facility


Contact Information:
ORIX Corporation
Corporate Planning Department
Tel: +81-3-3435-3121

About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is an opportunistic, diversified, innovation-driven global powerhouse with a proven track record of profitability. Established in 1964, ORIX at present operates a diverse portfolio of businesses in the operations, financial services, and investment spaces. ORIX's highly complementary business activities span industries including: energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retail financial services. ORIX has also spread its business globally by establishing locations in a total of 37 countries and regions across the world. Through its business activities, ORIX has long been committed to corporate citizenship and environmental sustainability. 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, 2015 - March 31, 2016."

 

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