News Release

Announcement Regarding Management Changes and Organizational Reform

Nov 10, 2015

TOKYO, Japan - December 10, 2015 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today made public an announcement regarding management changes and organizational reform.

Effective as of November 12, 2015
New Position Present Position Name
Director,
Representative Executive Officer,
Deputy President
Responsible for Retail Segment
Responsible for Retail Business
Planning Office
Responsible for Concession Business
Development Department
Responsible for Airport Operation
Project Office
President, ORIX Credit Corporation
Non-Executive Director, ORIX Bank
Corporation
Non-Executive Director, ORIX Life
Insurance Corporation
Director,
Representative Executive Officer,
Deputy President
Responsible for Retail Segment
Responsible for Retail Business Planning
Office
Responsible for Concession Business
Development Department
President, ORIX Credit Corporation
Non-Executive Director, ORIX Bank
Corporation
Non-Executive Director, ORIX Life
Insurance Corporation
Yoshiyuki Yamaya
Executive Officer,
Deputy Head of Treasury
Headquarters
Responsible for Airport Operation
Project Office
Executive Officer,
Deputy Head of Treasury Headquarters
Ryuhei Sakamoto

■ Organizational Reform (Effective as of November 12, 2015)

Airport Operation Project Office will be newly established.

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 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: Organizational Reform (Effective as of November 12, 2015)

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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