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News Releases 2018

May 24, 2018

Private Residential Senior Home Platesia Center-Minami New Wing Scheduled to open June 1

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Exterior View

TOKYO, Japan –May 24, 2018 – ORIX Living Corporation (“ORIX Living”), announced that construction has been completed on a new wing at its “Platesia Center-Minami” senior residence located in Tsuzuki-ku, Yokohama City, Kanagawa Prefecture, with residents scheduled to begin moving in June 1. The Platesia series operated by ORIX Living currently includes three locations nationwide with a total of 352 rooms.
The first wing of “Platesia Center-Minami”, with a total of 189 rooms, began accepting residents upon its completion in July 2015. Located in Kohoku New Town, it offers excellent access to central Tokyo and downtown Yokohama, as well as the convenience of nearby commercial and public facilities and natural surroundings rich in greenery. Rooms range in size from 40m2 to 80m2, providing apartment-style living spaces equipped with kitchens and bathrooms. Standard features also include emergency call buttons and living cycle sensors that automatically detect changes in residents’ normal lifestyle patterns, with a variety of other functions that provide safe support for everyday life. Other features include a beauty salon, an area for relaxing and a large common bath. Residents who come to require nursing care also have the option of moving to “GOOD TIME LIVING Center-Minami”, which provides an even wider range of care staff and support facilities.
In recent years, those 60 years of age and older have occupied the top spot in the amount of personal spending on travel, merchandise and other items, and the number of seniors wishing to enjoy an active lifestyle is on the rise. Still, a survey conducted by ORIX Living in 2017 revealed that approximately 80% of those 40 and older are concerned about their own future long-term care needs. Given this background, ORIX Living is offering seniors a new style of residential living through its Platesia series, one that provides easy access to always-available nursing care services and professional staff, and that allows seniors to live with peace of mind.
 Looking ahead, ORIX Living will continue working to create facilities that offer residents attentive service and a better quality of life.

■ Facility Overview

Facility type
Resident ownership
Payment of fees
Admission requirements


Long-term care insurance
Address

Transportation

Site area
Total floor space
Construction
and number of floors
Number of rooms
Room type

Facilities


Room area
Residential facilities


Operated by
Partner medical institutions
Fees, etc.






:Private residential senior home
:No ownership/use only
:Elective
:In general, those 65 years of age or older who at time of admission
are capable of independent living, require some support or require
nursing care
:Eligible for coverage for home-based services
:56-1 Chigasaki-chuo, Tsuzuki-ku, Yokohama,
Kanagawa Prefecture
:A two-minute walk (approx. 150m) from Exit 5 of the Center Minami Station on the Yokohama Municipal Subway
:7,323.36m2
:19,919.40m2

:Reinforced concrete, 1 floor below ground and 10 floors above
:87 rooms (excluding 189 rooms in the first wing)
:All private rooms
(some rooms for double occupancy, but not shared rooms)
:Front desk, restaurant, common bath, beauty salon,
relaxation area, storage rooms,
others (some may require an additional fee for use)
:40.08m2–76.76m2
:Air conditioner, kitchen (with induction cooktop),
bath (with clothes dryer), toilet, intercom,
internet access, radiant heating, emergency call system, others
:ORIX Living Corporation
:Tsurukawa-kinen Hospital, Yamamoto Kinen Hospital, others
:(Example for resident 78 years of age or older upon admission,
amortized over 12 years)
Fee due upon admission: 19,900,000–59,600,000 yen (tax-exempt)
Monthly fees/single use: 123,800–181,800 yen
(excl. national and local consumption taxes)
Monthly fees/double use: 127,800–197,800 yen
(excl. national and local consumption taxes)

Note: The above is just one example of the lump-sum amount due upon admission, monthly fees and amortization period. Fees are subject to change depending on age, room size and orientation, and other factors.

■ Lifestyle Support Functions and Services

Emergency call button



Living cycle sensor


Relocation services

:Buttons are located in residence toilets, bedrooms, bathrooms and
elsewhere. A single push of the button will notify staff of
an emergency, and on-site staff will immediately visit the room
to check.
:When the resident is home and the sensor fails to detect
movement for a specific period of time, this will be considered an emergency, and on-site staff will visit the room to check .
:Residents who come to require nursing care have the option of
relocating to the GOOD TIME LIVING nursing facility located on the lower floors of the main wing.

■ Joint Development Projects
・Neos+Care®, the nursing industry’s first predictive monitoring system (Noritsu Precision Co., Ltd.)
・Swing Lift CoCoRo, a drop-down in-wall nursing care lift for in-room transfers (Moritoh Corporation)
・Frasse care plusmotion, an elevating washbasin that adjusts to accommodate a wide range of variables from gender-based differences in physique to wheelchair users (Shibutani Co., Ltd.)
・Poem, a shoe for senior women that offers good design along with functionality that compensates for declining physical capabilities (PANSY Corporation)
・Care-wing, a smart nursing care recording system (institutional version) (LOGIC Co., Ltd.)


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 38 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: https://www.orix.co.jp/grp/en/
(As of March 31, 2018)


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, 2017 - March 31, 2018.”



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