Four ORIX Group Companies to Participate in the Open Innovation Platform Provided by Creww

TOKYO, Japan - February 29, 2016 - Four ORIX Group companies (ORIX Auto Corporation, ORIX Real Estate Corporation, ORIX Credit Corporation, ORIX Rentec Corporation) and Creww Inc. ("Creww") today announced that they would participate in the open innovation platform provided by Creww.

Going forward, we aim to develop new businesses in the fields of FinTech and IoT, etc. through the four ORIX Group companies, together with start-up companies which have participated in the Creww open innovation platform "creww korabo¹."

Since the ORIX Group began as a leasing business, and since then it has constantly pursued new business opportunities. At present, we have developed business in a wide range of fields, focusing on financial services aimed at everyone from corporations to individuals. In this instance, we plan to develop innovative businesses and services by leveraging the technologies and ideas of startup businesses, supported by the vast management resources of ORIX Group, which are involved with areas such as automobile-related businesses, including auto leasing, car rentals, and car sharing; real estate businesses, including hotels, inns, and golf courses; and operation of elderly housing facilities, consumer finance, and rental businesses for measurement devices and IT devices, etc.

Furthermore, in June 2015 ORIX Corporation completed an equity investment in Creww by capital increase through third-party allotment. Going forward, we will support the growth of startup businesses by supporting funding needs of promising startups with advanced technologies or unique services through investment, etc.

Since it was established in 2012, Creww has operated a platform that provides all management resources that are necessary for the growth of startups. As of February 2016, it has grown into a community comprising over 1,800 registered startup businesses and more than 10,000 registered supporters, and conducts matching for large enterprises, investors, advisors, and the media. The open innovation program with large enterprises -"creww korabo" - has already amassed a record of more than 50 projects, which has led to business collaborations, investment, and M&As.

1 Korabo is the Japanese word that stems from the word, "collaboration."

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: 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."