News Release

ORIX Ueno 1-chome Building Development Project (tentative name) Acquired Preliminary Gold Certification for LEED Core and Shell

Apr 28, 2015

TOKYO, Japan - April 28, 2015 - ORIX Corporation (hereinafter, "ORIX"), a leading integrated financial services group, announced today that the "ORIX Ueno 1-chome Building Development Project" (tentative name) (hereinafter, the "Project") under construction since December 2014 has acquired a preliminary gold certification on April 13 in the Core and Shell Development rating (hereinafter, "Core and Shell") under Leadership in Energy & Environmental Design, (hereinafter, "LEED"), a green building certification program.

LEED is an environment assessment program devised by the U.S. Green Building Council and aims for the global popularization of energy efficient, sustainable buildings. The LEED Core and Shell Development section assesses building with 50 evaluation items grouped under five valuation categories and two bonus categories. The Project received high valuation for its energy conservation measures employing energy efficient devices or systems including approximately 430 m2 of rooftop greenery, a natural air ventilation system (ECOVOID), LED lighting, and water saving equipments.

The Project is conveniently located within 4 minutes' walk from 6 stations on 6 train lines, including JR Okachimachi Station. The project is also highly visible in that it is situated facing Chuo Avenue. Standard floors have approximately 1,300 m2 of pillar-free space with frontage of approximately 50 m, creating a bright and spacious layout.

Moreover, the Project, equipped with seimic dampers, has obtained a third party earthquake resistant structural evaluation that exceed the current earthquake resistance standard by 1.5times.. The power back-up system has a duplicate power intake with the spare circuit providing backup in the event the main circuit goes out. The system is also equipped with a private power generator capable of supplying 15 VA/m2 of power for 24 hours to tenant-occupied areas in the event of a power infrastructure outage. Furthermore, an emergency supply storehouse has been set up for tenants, taking into account the safety and security of office workers as well as business continuity planning.

On the 10th floor, the highest on the building, there are plans for a common space that will include a conference room that can be used for meetings and social gatherings, as well as a rooftop terrace and garden where office workers can use for their occasional breaks during work. In addition, to respond to popular demand for bicycle commuting, the building is equipped with 46 bicycle parking spaces and a shower room to enable freshening up upon arrival.

ORIX will use its office development business going forward to provide user-friendly working spaces to tenants and help contribute to growth in the business community.

【Project Overview】
Address 1-1-2 Ueno, Taito-ku, Tokyo
Site area 1,855.97 m2
Construction Steel structure, partly reinforced concrete
Building scale 10 floors above-ground, 1 floor below ground
Usage Offices and retail stores
Total floor space 14,388.92 m2
Total tenant floor area 10,646.22 m2
Elevators 4
Parking spaces 38
Bicycle parking spaces 46
Access 4 minutes' walk from Okachimachi Station on the JR Yamanote and Keihin-Tohoku lines
10 minutes' walk from Akihabara Station on the JR Yamanote, Keihin Tohoku, and Sobu lines
3 minutes' walk from Ueno-hirokoji and Suehirocho stations on the Tokyo Metro Ginza Line
2 minutes' walk from Yushima Station on the Tokyo Metro Chiyoda Line
3 minutes' walk from Naka-Okachimachi on the Tokyo Metro Hibiya Line
3 minutes' walk from Ueno-okachimachi on the Toei Oedo Line
【Project Schedule】
Construction Completion September 30, 2016 (planned)
Official LEED Certification End of June 2017 (planned)

【Map】

【Concept image of completion】

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 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 businesses 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 and sustain growth by promoting acceleration of its corporate strategy "Finance + Services." 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, 2013 - March 31, 2014."

 

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