News Release

Announcement Regarding Management Changes and Organizational Reform

Dec 10, 2013

TOKYO, Japan - December 10, 2013 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today made public an announcement regarding management changes and organizational reform.

Changes Effective as of January 1, 2014
New Position Present Position Name
Director,
Representative Executive Officer,
President and Co-Chief Executive Officer
Director,
Representative Executive Officer,
President and Chief Operating Officer
Makoto Inoue
Director,
Representative Executive Officer,
Deputy President and Chief Financial Officer
Responsible for Corporate Planning Department
Responsible for Corporate Communications Department
Director,
Representative Executive Officer,
Deputy President and Chief Financial Officer
Haruyuki Urata
Director,
Deputy President,
Chief Information Officer,
Head of Human Resources and Corporate Administration Headquarters
Responsible for Secretarial Office
Director,
Deputy President,
Chief Information Officer,
Head of Human Resources and Corporate Administration Headquarters
Responsible for Group Compliance Department
Responsible for Group Internal Audit Department
Tamio Umaki
Director,
Corporate Executive Vice President
Responsible for Investment and Operation Headquarters
Responsible for Energy and Eco Services Business Headquarters
Head of Global Business and Alternative Investment Headquarters 
Director,
Corporate Executive Vice President
Responsible for Investment and Operation Headquarters
Kazuo Kojima
Director,
Corporate Executive Vice President
Head of Real Estate Headquarters
Responsible for Special Investments Group
Responsible for Finance Department
President, ORIX Real Estate Corporation
Director,
Corporate Executive Vice President
Head of Real Estate Headquarters
President, ORIX Real Estate Corporation
Yoshiyuki Yamaya
Director,
Corporate Executive Vice President
Head of Domestic Sales Administrative Headquarters
Chairman, ORIX Auto Corporation
Chairman, ORIX Rentec Corporation
President, NS Lease Co., Ltd.
Director,
Corporate Executive Vice President
Head of Domestic Sales Administrative Headquarters: Head of Tokyo Sales
Chairman, ORIX Auto Corporation
Chairman, ORIX Rentec Corporation
President, NS Lease Co., Ltd.
Katsutoshi Kadowaki
Corporate Executive Vice President
Head of East Asia Business Headquarters
Corporate Executive Vice President
Head of Global Business and Alternative Investment Headquarters
Regional Director for China
Yuki Ohshima
Corporate Senior Vice President
Head of Energy and Eco Services Business Headquarters
Executive Officer
Head of Investment and Operation Headquarters
Yuichi Nishigori
Corporate Senior Vice President
Chairman, ORIX USA Corporation
Executive Officer
Chairman, ORIX USA Corporation
Hideto Nishitani
Executive Officer
Head of Investment and Operation Headquarters
Executive Officer
Deputy Head of Investment and Operation Headquarters
Shuji Irie
Executive Officer
Domestic Sales Administrative Headquarters: Head of Tokyo Sales and Head of New Business Development
Executive Officer
Responsible for Corporate Planning Department
Responsible for Corporate Communications Department
Satoru Matsuzaki
Executive Officer
Deputy Head of Energy and Eco Services Business Headquarters
Executive Officer
Deputy Head of Global Business and Alternative Investment Headquarters
Tsukasa Kimura
Executive Officer
Director, Robeco Groep N.V.
  Masaaki Kawano
Executive Officer
Responsible for Group Compliance Department
Responsible for Group Internal Audit Department
Corporate Senior Vice President, ORIX Life Insurance Corporation Hiroko Yamashina

Organizational Reforms (as of January 1, 2014)
New Business Development Headquarters will be newly established in the Domestic Sales Administrative Headquarters.

China Business Division and Korea Business Division of the Global Business and Alternative Investment Headquarters will be transferred to the newly established East Asia Business Headquarters.

Business Development Department, Energy and Eco Services Department, Electric Power Business Department, Storage Battery Business Department, Administration Management Department and Technical Administration Department of the Investment and Operation Headquarters will be transferred to the newly established Energy and Eco Services Business Headquarters. 

Contact Information
ORIX Corporation, Corporate Planning Department
TEL : +81-3-3435-3121 / Fax : +81-3-3435-3154
URL : http://www.orix.co.jp/grp/en/

About ORIX
ORIX Corporation (TSE: 8591; NYSE: IX) is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 34 countries and regions outside of Japan, ORIX's activities include corporate financial services, such as leases and loans, as well as automobile operations, rental operations, real estate, life insurance, banking and loan servicing. For more details, please visit our website: http://www.orix.co.jp/grp/en/

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, 2012 - March 31, 2013."
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