Dividend Policy / Dividend History

Dividend Policy

ORIX aims to increase shareholder value by utilizing profits earned from business activities to strengthen its business foundation and make investments for future growth. At the same time, ORIX strives to make stable and sustainable distribution of dividends at a level in line with its business performance. In addition, with regards to the decision of whether to buy back shares, ORIX aims to act with flexibility and swiftness while considering various factors such as the soundness of its financial condition and external factors such as the business environment, share price and its trend and target performance indicators.
For the fiscal year ending March 31, 2026, the annual dividend will be the higher of either a payout ratio of 39% or 120.01 yen per share.

Dividend History

Cancellation of Treasury Stock

At the Board of Directors meeting held on October 28, 2019, ORIX Corporation approved a policy regarding cancellation of treasury stock under which, in principle, we shall maintain a total number of treasury stock equal to approximately 5% of the total number of shares issued (at maximum) and shall cancel the shares exceeding such amount. While the above policy remains unchanged, on January 20, 2025, we cancelled 51,998,810 shares of its treasury stock, which exceeded 2% of the total number of shares issued, for the purpose of optimizing the number of treasury stock. At the Board of Directors meeting held on May 12, 2025, we approved to amend the policy by changing the maximum limit of the total number of treasury stock to 2% of the total number of issued shares.