News Release

Private Nursing Home GOOD TIME LIVING Nagareyama Hall No. 2 Otaka no Mori, Scheduled to Open on June 1, 2016

Feb 25, 2016

TOKYO, Japan - February 25, 2016 - ORIX Living Corporation ("ORIX Living") announced the opening of the 25th in a series of private nursing homes. The new facility, the GOOD TIME LIVING Nagareyama Hall No. 2 Otaka no Mori ("GOOD TIME LIVING Nagareyama Hall No. 2") is scheduled to open on Wednesday, June 1, 2016. This new opening brings the total number of private nursing homes run by ORIX Living up to 25, with a total of 2,129 rooms.

GOOD TIME LIVING Nagareyama Hall No. 2 is being constructed in Nagareyama City, known as the "closest forest town to central Tokyo." It's located in Nagareyama Otaka no Mori, is close to shops and public facilities for convenience, and is surrounded by a wealth of greenery that provides harmony with nature. Approximately 8 minutes (about 620 meters) walk from the South Exit of Nagareyama Otaka no Mori Station on the Tsukuba Express and the Tobu Noda Line (Tobu Urban Park Line), it's easy for family visits and for going out.

In 2007, ORIX Living opened GOOD TIME LIVING Nagareyama Hall No. 1 Otaka no Mori ("GOOD TIME LIVING Nagareyama Hall No. 1") with the express purpose of providing a "new kind of home for the elderly," and currently its residents are enjoying lively lives with peace of mind. GOOD TIME LIVING Nagareyama Hall No. 2 is being constructed due to great demand, and will offer three types of rooms to suit a variety of lifestyles: standard single units, large single units, and double units, all with living rooms. The most notable characteristic is the use of ICT devices and cutting-edge robotic devices for nursing care developed in collaboration with manufacturers of such devices. This care will utilize devices such as monitoring sensors to prevent the residents from falling as well as special nursing care lifts to enable the residents to easily access the bathroom from their beds. This will allow us to meet the needs of a wide variety of residents, from active seniors to those requiring extensive nursing care.

The interior design is based on the concept of "Taisho Romance," and includes such features as custom-made shoji (paper sliding doors) to cover the windows instead of curtains. The design imparts the warm feeling of wood, and creates a nostalgic mood. GOOD TIME LIVING Nagareyama Hall No. 2 also includes rooms where residents can get mingle with people from GOOD TIME LIVING Nagareyama Hall No. 1. The approach to the entrance is graded and planted with trees and flowers for all four seasons to resemble a satoyama, or undeveloped woodland near populated areas. In the center of the garden, there's a small outbuilding in the style of a mountain hut, the Komorebi Salon, where people can sit quietly and enjoy the bright sunlight filtering through the trees. During spring and summer, residents can enjoy the refreshing breezes while sitting outside the Komorebi Salon, while in winter a wood-fired stove provides warmth for both body and soul. This special space allows residents to enjoy all four seasons, and we also hope to see it used as a place where nursing home residents can interact with local citizens.

Looking ahead, ORIX Living will continue to offer support to residents and their families and create a new lifestyle for the elderly, satisfying their needs that have not been met by the current services in the market.

Contact Information:
ORIX Corporation
Corporate Planning Department
Tel: +81-3-3435-3121

About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses. Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into the lending, investment, life insurance, banking, asset management, automobile-related, real estate and environment and energy-related businesses. Since its first overseas expansion into Hong Kong in 1971, ORIX has spread its business globally by establishing locations in a total of 36 countries and regions across the world. Moving forward, ORIX aims to contribute to society while continuing to capture new business opportunities. 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, 2014 - March 31, 2015."

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