News Release

ORIX Launches New Fixed-fee Plan that Allows Use of Multiple Cross Office a Type of Serviced Offices: The Master Membership Plan
Use coworking spaces at four bases for 30,000 yen per month

Feb 03, 2020

TOKYO, Japan - February 3, 2020 - ORIX Corporation (“ORIX”) announced that it will launch a Master Membership Plan for coworking customers of its Cross Office serviced offices. Applications from members are being accepted from today.

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Cross Office Uchisaiwaicho
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Cross Office Shinjuku

ORIX operates six Cross Office bases at present, and this plan will cover the four that feature coworking spaces, lounges, and other shared facilities: Uchisaiwaicho, Mita, Shinjuku, and Roppongi. Under the plan, customers who sign up to the Master Membership Plan will register a primary base and be entitled to use it 24 hours a day, 365 days per year; they will be entitled to use other bases covered by the plan on weekdays, from 9 am to 5 pm. The membership fee is fixed at 30,000 yen per month, excluding consumption tax. Cross Office Hibiya, which is scheduled to open in March 2020, will also be covered by the plan.

Previously, members were only eligible to use coworking spaces at their base of registration. The launch of this new plan is aimed at increasing convenience for members, and seeks to promote dynamic interactions and the creation of intra-site communities.

Going forward, ORIX will continue to create opportunities for wide-ranging uses of its coworking spaces, and so cater to the needs of diverse work styles.

■ Overview of the fixed-fee, multiple-site Master Membership Plan
Name Master Membership Plan
Eligible bases Coworking spaces at four bases:
Cross Office Uchisaiwaicho
1-18-6, Nishishinbashi, Minato-ku, Tokyo
Cross Office Shinjuku
7-1-12, Nishishinjuku, Shinjuku-ku, Tokyo
Cross Office Roppongi
4F–5F, Round Cross Roppongi, 7-14-23, Roppongi, Minato-ku, Tokyo
Cross Office Mita
5-29-20, Shiba, Minato-ku, Tokyo

*From March 2020 onward, Cross Office Hibiya will also be covered by the plan.
*Available shared facilities vary from base to base.
Usage fee Membership fee: 30,000 yen per month, excluding consumption tax

*A one-time enrollment fee of 30,000 yen is required.
*Customers can register all bases as “primary sites” for an additional 10,000 yen per month, excluding consumption tax.
Usage hours Registered primary base: 24 hours per day, 365 days per year
Other bases: Weekdays, from 9 am to 5 pm
Main facilities Coworking spaces, conference rooms (additional charges apply), reception (open weekdays from 8:30 am to 6 pm), welcome lounge, phone booths, Wi-Fi, free drinks, multi-function printers, lockers (additional charges apply)

*Available facilities vary from base to base.
Phone number Cross Office General Inquiries
03-4582-1102 (open weekdays, from 9 am to 5 pm)
Website https://www.crossoffice.jp/ Open Link in New Window
https://www.crossoffice.jp/coworking/ Open Link in New Window

■ About Cross Office
Cross Office is a serviced office business brand operated by ORIX. The company opened Cross Office Shibuya in 2009, and at present operates a total of six different bases: Uchisaiwaicho, Mita, Shinjuku, Roppongi, and two offices in Shibuya. Cross Office provides support for the diverse work styles of its tenants, via private rooms that prioritize scalability and security, and coworking spaces designed for regional demographics.

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Reception  
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Conference room

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 37 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 March 31, 2019)

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, 2018 – March 31, 2019.”

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