News Release

ORIX Rentec to Commence its new “RoboRen” Robot Rental Service

Apr 01, 2016

TOKYO, Japan - April 1, 2016 - ORIX Rentec Corporation ("ORIX Rentec") today announced that it will begin a RoboRen robot rental service aimed at corporate customers. As a first step, from today, ORIX Rentec will begin taking orders for the next-generation industrial robot trial service YuMi®1 trial pack in cooperation with ABB K.K. ("ABB"), a major Swiss electrical and engineering company.

The trial pack will include YuMi®, which is produced by ABB, as well as all necessary peripherals, and will be offered at the special price of 199,000 yen per month (excluding tax) for up to 6 months' rental. This will allow customers to try out the functions and applications of the latest robots without a large initial outlay.

Furthermore, those customers who wish to continue to use the robots after the trial has concluded may do so by switching to a long-term rental plan (24 or 36 months).

(Image supplied by ABB)

 YuMi® has been on sale in Japan since December last year. Unlike conventional industrial robots, it is a collaborative dual arm robot that is able to work alongside humans without being surrounded by a safety barricade. It is a robot with exceptional movement precision, so it can be used for fine work such as smartphone assembly. A feature of this robot is that it is comparatively easy to use, even for inexperienced users, as there is no need for specialist knowledge, such as programming languages, for basic operation.

Furthermore, its total weight of 38kg makes this robot portable, and it only requires a 100-volt power supply, which means that it can be used in offices as well as factories.

ORIX Rentec will continue to increase its state-of-the-art robot line-up, including industrial robots, communications robots, and care robots, for which high demand is expected in the future, and to support customers to utilize robots by providing highly convenient services.

1 YuMi® is a registered trademark of ABB

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."

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