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News Releases 2017

July 3, 2017

ORIX Begins Capital Tie-Ups Involving Business Support Service Companies for Medical Institutions

TOKYO, Japan - July 3, 2017- ORIX Corporation ("ORIX") announced today capital tie-ups with CMC Corporation ("CMC") and MedImage Corporation ("MedImage") for the purpose of promoting business support services for medical institutions.

CMC and MedImage provide business support to the medical administration at Utsunomiya Central Clinic (operated by DIC Medical Corporation), which provides high-quality service in the field of preventative care.
Utsunomiya Central Clinic provides preventative care services by diagnosing serious medical conditions, such as cancer, through complete annual medical examinations, regular medical examinations, and a members-only "medical club." It is fully equipped with advanced and latest diagnostic imaging equipment, such as MRI, CT, and PET-CT, which greatly contributes to the health of the local community. At the end of this year, the Clinic plans to introduce high-precision radiation therapy machines, and commence with latest radiation therapy.

The population of Japan is expected to continue to grow older, and preventative care is likely to be a growth area going forward, with the evolution of medical techniques and technology added to peoples' heightened awareness of their own health. Furthermore, promoting a longer, healthy life expectancy through preventative care is thought to lead to reduced medical expenses, which have tended to increase of late, and contribute to the sustainability of the health insurance system.

Dr. Toshihiko Sato, who runs the Utsunomiya Central Clinic, has stated that "In the medical field, it is not enough to have specialized functions relating to business administration, such as finance, marketing, and M&A. By leveraging the knowledge that ORIX possesses, I believe we will be able to better promote the expansion of the diagnostic imaging center to multiple locations, and the provision of radiation therapy and immunotherapy services for the elderly, on whom sometimes surgeries are difficult."

ORIX is engaged in a wide range of businesses in the medical field, providing leasing and finance services for medical corporations as well as rental services for vehicles fitted with CT and MRI facilities. ORIX will contribute to the development of preventative care and regional healthcare in Japan by supporting the operation of the Utsunomiya Central Clinic through these tie-ups, and expanding affiliations with clinics and hospitals that are distinctive in the field of preventative care.

■ Overview of CMC Corporation

Name:
Representative:
Established:
Capitalization:
Business:

CMC Corporation
Teruyuki Okubo
January 1995
10 million yen
Consulting for medical institutions, third-party marketing for businesses involved with medical examinations and complete annual medical examinations in addition to medical institutions and health insurance societies, third-party marketing for affiliated hospitals and affiliated clinics, and operational management of members-only medical clubs

■ Overview of MedImageCorporation

Name:
Representative:
Established:
Capitalization:
Business:

MedImage Corporation
Teruyuki Okubo
October 2002
10 million yen
Medical administration, as well as general affairs and accounting on commission for medical institutions

(Reference) Overview of Utsunomiya Central Clinic

Operator:
Head office address:
Representative:
Chairman:
Established:
Employees:

Clinical departments:

Business:

DIC Medical Corporation
561-3 Yaitamachi, Utsunomiya, Tochigi Prefecture
Toshihiko Sato
Tomoo Saito
1997
54 (of whom 22 are doctors [4 full-time], 14 are radiologists, and 9 are clinical laboratory technicians)
Cardiovascular medicine, breast surgery, radiology, respiratory allergy
medicine, neurology
Outpatient care, hospital and clinic cooperation, complete annual medical examinations and regular medical examinations, and medical treatment at the patient's own expense, etc.

 

The clinic's representative, Toshihiko Sato, understood the importance of preventative care from an early stage, and introduced latest diagnostic imaging equipment ahead of the industry. He is also an expert and a pioneer in the field, who has contributed greatly to the development of preventative care through writing and lectures.

 

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 36 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 "1.Summary of Consolidated Financial Results" of the "Consolidated Financial Results April 1, 2016 - March 31, 2017."

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