News Release

ORIX Finalizes Plan for Hasuda Logistics Center

Jul 12, 2016

TOKYO, Japan - July 12, 2016 - ORIX Corporation ("ORIX"), a leading integrated financial services group, today announced that it has finalized the development plan for the Hasuda Logistics Center to be built in the city of Hasuda, Saitama Prefecture. Construction of the facility is scheduled for completion in February 2018, and ORIX will start taking applications for tenant companies starting from the date of this announcement.

The Hasuda Logistics Center will be located about 5 km from the Kuki Interchange on the Tohoku Expressway and about 3.6 km from the Shiraoka Shobu Interchange on the Metropolitan Inter-City Expressway. It is a convenient location easily accessible by car from either interchange. Hasuda, where the facility will be located, is not only an advantageous logistic base to serve the Tokyo metropolitan area and the Tohoku region1 , with the Tohoku Expressway at its center; it is also an area that is expected to benefit from the opening of the Metropolitan Inter-City Expressway in the future, making it a suitable logistic area to cover both the entire Kanto region2 and eastern Japan.
Additionally, the facility is accessible by public transportation making it a favorable location to attract part-time workers from a wide surrounding area.

The facility consists of a three-story aboveground facility with a floor area of 34,956.75 m2, situated on a site with an area of 23,510.77 m2. The first floor will have a total of 59 truck berths on two sides, and each floor will have an area of approximately 11,400 m2. The site will be equipped with 20 standby spaces for 10-ton trucks and a parking lot for about 100 standard passenger vehicles.

A commercial warehouse can also be constructed on the site, and 24hours operation will be possible.

Going forward, ORIX will continue to develop state-of-the-art logistics facilities in meeting the needs of evolving supply chain strategies and the rapid expansion of the e-commerce market in Japan.

1 Tohoku means the north east of Japan.
2 Kanto regions includes the Greater Tokyo Area and seven prefectures: Gunma, Tochigi, Ibaraki, Saitama, Tokyo, Chiba, and Kanagawa.

< Project Outline >
Name Hasuda Logistics Center
Location 723-1 Oaza Negane Aza Sarada, Hasuda City, Saitama Prefecture
Access Approx. 5 km from Kuki interchange on the Tohoku  Expressway
Approx. 3.6 km from Shiraoka Shobu interchange on the Metropolitan
Inter-City Expressway
Design Company Asai Ken Architectural Research Inc.
Site 23,510.77 m2
Total floor space 34,956.75 m2
Scale and Structure Three-story steel construction
Other Floor load 1.5t/ m2 Effective height under lower beam 5.5 m or higher
Expected Completion February 2018

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 37 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, 2015 – March 31, 2016.

View PDF of this release

2016 News Releases List