News Releases 2017
March 8, 2017
ORIX Miyauchi Foundation
Five Welfare Vehicles Donated to Five Child Welfare Institution in the Areas Affected by the Kumamoto Earthquake
TOKYO, Japan -March 8, 2017 - ORIX Miyauchi Foundation announced today that it has donated five welfare vehicles to five child welfare institution in Kumamoto prefecture as part of its ongoing efforts to help the recovery from the Kumamoto Earthquake of April 2016. Recipients of the vehicles were selected by the Japan National Council of Social Welfare.
The ORIX Miyauchi Foundation is the successor to the ORIX Social Fund established in April 2006 with the aim of providing ongoing support in fields beyond the scope of corporate activities. This includes social welfare, nurturing of children and youth to be future leaders, and the promotion of music and arts. The ORIX Miyauchi Foundation took over the ORIX Social Fund's activities in December 2010 after receiving approval as a public interest incorporated foundation, and subsequently changed its current name in June 2014.
Donations of welfare vehicles by the ORIX Miyauchi Foundation have continued since fiscal year1 2006, with a total of 85 vehicles donated to 84 social welfare corporations nationwide as of the end of fiscal year 2016. Seven vehicles of them were donated to seven social welfare corporations in Kumamoto prefecture as part of its ongoing efforts to help the recovery from the Kumamoto Earthquake.
Looking ahead, the ORIX Miyauchi Foundation will continue to engage in activities that contribute to the realization of a truly charitable and prosperous society.
1 Fiscal year in Japan refers to the period between April 1 to March 31 in the following year. As an example, fiscal year 2015 refers to the period between April 1, 2015 to March 31, 2016 March 31.
Corporate Planning Department
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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