Construction Commenced for Ichikawa Shiohama Logistics Center
Aug 03, 2015
TOKYO, Japan - August 3, 2015 - ORIX Corporation ("ORIX"), a leading integrated financial services group, today announced that it has commenced construction of the Ichikawa Shiohama Logistics Center (tentative name), a logistics facility of which the development plan is in progress in Ichikawa City, Chiba Prefecture. This logistics facility is scheduled for completion in August 2016, and ORIX is currently seeking tenant companies.
The Ichikawa Shiohama Logistics Center (the "Facility") is conveniently located approximately 1km from the Chidoricho Interchange on the Bayshore Route of Shuto Expressway and close to the major consumption areas. Also, the Facility is within walking distance (9 minutes) of Ichikawa-Shiohama Station on the JR Keiyo Line and easily accessible from residential areas nearby for securing workers. In FY2015, the Kouya Interchange on the Tokyo Gaikan Expressway which runs through inland Chiba Prefecture to Misato City, Saitama Prefecture, will complete, which is expected to further strengthen the traffic convenience.
The Facility will be four-story building (four above-ground floors) which has the total floor size of 27,138.23 m2 on a site of 13,223.23 m2. Planned specifications include four freight elevators connecting to truck berths capable of accommodating total 46 large vehicles on both sides together (23 vehicles per side) on the first floor of the Facility.
For BCP measures, the Facility will be equipped with emergency generators, therefore, freight elevators as well as lights remain in operation for a certain period of time in order not to interrupt logistics functions in case of emergency.
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.
|Name||Ichikawa Shiohama Logistics Center (tentative name)|
|Location||2-16-1 Shiohama, Ichikawa City, Chiba Prefecture|
|Access||Approx. 1 km from Chidori-cho interchange on the Bayshore Route of Shuto Expressway
0.7 km from Ichikawa-Shiohama Station on JR Keiyo Line (9-minute walk)
|Design company||Asai Ken Architectural Research Inc.|
|Construction||Konoike Construction Co., Ltd.|
|Total floor space||27,138.23 m2|
|Scale and Structure||Four-story steel construction|
|Other||Floor load 1.5t/m2 Effective height under lower beam 5.5 m|
|Construction start||August 2015|
|Completion||August 2016 (Plan)|
[Perspective drawing of completed facility]
Corporate Planning Department
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group that 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. 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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