Home > News Releases > 2017 > ORIX Auto and Kintetsu Group Collaborate in Opening of 22 ORIX Rent a Car Offices around Kintetsu Railway Stations

News Releases 2017

December 21, 2017

ORIX Auto and Kintetsu Group Collaborate in Opening of 22 ORIX Rent a Car Offices around Kintetsu Railway Stations

TOKYO, Japan - December 21, 2017 - Kintetsu Group and ORIX Auto Corporation ("ORIX Auto") announced that they have entered into an agreement on collaboration in their rental car businesses. Both companies will initially focus on opening 22 offices (8 in Osaka, 1 in Hyogo, 5 in Nara, and 8 in Mie) mainly around Kintetsu Railway stations in the Kinki Region.

Kintetsu Group has provided rental car service as an essential secondary transportation network for Kintetsu Railway customers since 1970. One of its company engaged in the rental and lease business has decided to collaborate with ORIX Auto to enhance rental car customer services and improve business continuity under the ORIX brand. Through this collaboration, ORIX will open a total 194 Rent a Car offices in the Kinki Region.

A campaign to commemorate this collaboration is also scheduled. From December 21, 2017 to February 28, 2018, customers who rent a car at one of 194 ORIX Auto offices will be eligible to win valuable prizes. One lucky customer will be chosen to throw the first pitch at the ORIX BUFFALOES' season opener. Thirty lucky customers will win tickets for two to the game, and 170 lucky customers will win tickets for two to the Kintetsu Group's Osaka Aquarium KAIYUKAN or the ORIX Group's Kyoto Aquarium (200 pairs + 1 customer in total).
 
With a wide ranging lineup of vehicles offered under the ORIX brand, Kintetsu Group and ORIX Auto continue to provide services and campaigns along Kintetsu Railway lines to satisfy corporate and individual customers that require vehicles for business and leisure. We also expand our services to travelers from abroad using Kintetsu Railway lines.

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 40 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/

About Kintetsu Group:
Under the Kintetsu Group Holdings Co.,Ltd. (TSE: 9041), its group companies will go all-out to satisfy all of our customers, in transportation, real estate, merchandise, hotel, leisure and other various businesses relating to people's everyday life.

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, 2016 - March 31, 2017."

The files are in Adobe Acrobat Format. To view them you will need Acrobat Reader Open Link in New Window version 5.0 or greater