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News Releases 2017

December 1, 2017

Notice Regarding Transfer of ORIX Ichioka Kotsu Kigyo Corporation

TOKYO, Japan - December 1, 2017 -ORIX Corporation announced today that it has transferred all of the automobile driving school business operated by ORIX Ichioka Kotsu Kigyo Corporation to R-Driver's Nishikita Co., Ltd.

1. Method of Transfer
The transfer will take place via an absorption-type merger, with ORIX Ichioka Kotsu Kigyo Corporation as the company being extinguished in the absorption and merger, and R-Driver's Nishikita as the surviving company.

2. Schedule of Transfer
Merger effective date: December 1, 2017

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/

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 "1.Summary of Consolidated Financial Results" of the "Consolidated Financial Results April 1, 2016 - March 31, 2017


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