News Release

ORIX Credit and Recruit Partner in Online Loan Business

Mar 20, 2019

TOKYO, Japan - March 20, 2019 - ORIX Credit Corporation (“ORIX Credit”) announced today that it has entered into an online loan business partnership with Recruit Co., Ltd. (“Recruit”). The two companies launched their “Partners Loan for Small Business Owners, powered by ORIX Credit” service today.

“Partners Loan for Small Business Owners, powered by ORIX Credit” is an invitation-only loan service for small business owners who are members of Hot Pepper Gourmet or Hot Pepper Beauty, both of which are operated by Recruit. The service enables small business owners to carry out all procedures—including applications, borrowings, and repayments—online via a dedicated website. ORIX Credit and Recruit intend to make the service convenient for our customers to use by, for example, providing same-day loans if certain conditions are met*1. Recruit will promote the service to small business owners, while ORIX Credit will be responsible for the business side of the service, including applicant screening and the provision of loans.

ORIX Credit uses the screening knowhow it has cultivated via ORIX VIP Loan Card and other financial services and works together with companies in various industries that have many members to provide private loans. Going forward, ORIX Credit will continue to develop more convenient loan services and make efforts in providing better products and services from a customer-oriented perspective.

*1 Depending on the time of application and the screening conditions, the results of the screening may be decided on the following working day or later. Applicants who complete the contract consent procedures by 14:30 on a weekday are eligible to have the loan deposited into their account on the same day.

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 entering Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in 38 countries and regions across the world.
Going forward, ORIX intends to utilize its strengths and expertise, which generate new value, to establish an independent ORIX business model that continues to evolve perpetually. In this way, ORIX will engage in business activities that instill vitality in its companies and workforce, and thereby contribute to society. For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of September 30, 2018)

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 that 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 “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2017 – March 31, 2018.”

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