News Release

“ORIX U-car Fukuoka Onojo” to Open on April 5, 2019

Mar 20, 2019

TOKYO, Japan – March 20, 2019 – ORIX Auto Corporation (“ORIX Auto”) announced today that the new “ORIX U-car Fukuoka Onojo” will open on April 5, 2019.
To commemorate the opening, ORIX Auto will run a campaign in which customers who purchase a used car or sign up to a car leasing contract at ORIX U-car Fukuoka Onojo between April 5 and 14, 2019, will receive a free gasoline coupon or other presents.

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ORIX U-car Fukuoka Onojo will be located inside “IDEX Funcars Otogana” *1 commercial complex, which is set to be opened by IDEX Auto Japan Co., Ltd.*2, a business partner of ORIX Auto.

More than 100 “ORIX Certified Used Cars” *3 will always be available at ORIX U-car Fukuoka Onojo. In addition to sales of ORIX Certified Used Cars, ORIX U-car Fukuoka Onojo will also lease new and used cars, and offer auto insurance to individual customers. IDEX Funcars Otogana will feature a gas station, car-wash spaces, a car maintenance facility, and a cafe.

ORIX Auto provides a comprehensive range of automobile services, including car leasing, car rental, car sharing, and vehicle management. ORIX Auto manages 1,378,000 vehicles (As of September 30, 2018), making it one of the largest companies of its kind in Japan.

ORIX Auto commenced sales of used cars to individual customers in 2005 and, in 2011 it established the “ORIX U-car” business brand. We select only excellent condition cars previously used in lease or car rental, with independently determined criteria, to that can be driven by customers with peace of mind; these cars are sold as “ORIX-certified Used Cars.”
Including the new ORIX U-car Fukuoka Onojo , ORIX Auto operates a total of 11 ORIX U-car stores across Japan*4.

Going forward, ORIX Auto will continue to improve our services as it seeks to provide customers with an even richer car life.

*1 IDEX Funcars Otogana is scheduled to open on April 5, 2019.

*2 IDEX Auto Japan Co., Ltd. has engaged in car leasing and sales of used cars as an ORIX Auto business partner since 2013.

*3 “ORIX-certified Used Cars” is a product brand comprising only vehicles that have been carefully selected according to strict, independently determined criteria. The vehicles are taken primarily from lease and rental vehicles owned by ORIX Auto, and are judged according to quality, age, and distance traveled.

*4 Including ORIX U-car Fukuoka Onojo, ORIX Auto operates a total of 11 ORIX U-car stores in Akita, Miyagi, Chiba, Kanagawa, Ishikawa, Hyogo, Fukuoka (three stores), Miyazaki, and Okinawa prefectures.

■Overview of IDEX Funcars Otogana
Name: IDEX Funcars Otogana
Opening date: April 5, 2019
Location: 3-22-30, Otogana, Onojo-shi, Fukuoka Prefecture
Area: 5671.60 m2
Main facilities: ORIX U-car Fukuoka Onojo
Otogana Self-Service Gas Station
Komeda’s Coffee Onojo Otogana
■Overview of ORIX U-car Fukuoka Onojo
Name: ORIX U-car Fukuoka Onojo
Opening hours: 10 a.m. to 19 p.m.
Main facilities: Negotiation area, Insurance consultation area, Kids’ area, Hand car wash, Oil replacement and Tire replacement facilities, etc.

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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