Prefecture’s Tallest High-Rise Condominium in Nagasaki’s Shindaikumachi Redevelopment Project to be Named LIONS TOWER SHINDAIKUMACHI

TOKYO, Japan - July 31, 2020 - DAIKYO INCORPORATED (“DAIKYO”) announced that the condominium being constructed within the Type 1 Urban Redevelopment Project in the Shindaikumachi District in Nagasaki Prefecture’s Nagasaki City will be named LIONS TOWER SHINDAIKUMACHI. DAIKYO is the lead company of the five companies in this joint venture.

This is a redevelopment project that aims to realize invigoration of central urban areas including the shopping district of Shindaikumachi. The development of a condominium under this project is being undertaken by a joint venture of five companies. It is a very convenient area situated along National Route 34 and one minute on foot from the Shindaiku-machi tram stop of Nagasaki Electric Tramway. Flanking National Route 34, there will be commercial facilities and residences in the north zone while the south zone will have car parks and business facilities. The two zones are planned to be linked by a new footbridge. This condominium will lokal the fourth to 26th levels of a mixed-use building—which has one basement level and 26 levels above ground—situated in the north zone. It will be the tallest high-rise condominium within Nagasaki Prefecture^*1.
The condominium will have a total of 240 units, which is the largest number of units in Nagasaki Prefecture so far. The building’s exterior design will be based on stone pavements and bricks. Layouts can be chosen from 37 types according to the lifestyles of diverse generations, and six premium residential units will be located on the 25th level and the topmost 26th level. Offering an overview of Nagasaki Bay, these premium units—exceeding 100 m2 in area—provide an overflowing sense of status. In addition, a sky lounge as well as guestrooms will be established as shared facilities to provide spaces offering both class and serenity.
Aimed for completion in October 2022, LIONS TOWER SHINDAIKUMACHI will offer comfortable housing in harmony with the local community while generating prosperity for the district.
*1 Height of 109.4 meters taking into account height above sea level, based on research by DAIKYO INCORPORATED (as of June 2020).

1. About the Type 1 Urban Redevelopment Project in the Shindaikumachi District

2. About the LIONS TOWER SHINDAIKUMACHI condominium

(3) Layouts
A rich variety of layouts—37 variations in total—will be offered with floor areas from around 50 m² to around 140 m². Room layouts will range from one-bedroom units with a living room, dining area, and kitchen, to four-bedroom units with a living room, dining area, and kitchen. It is a multi-generation residence allowing residents to live according to diverse lifestyles. Premium residential units—exceeding 100 m2 in area and providing an overflowing sense of status—will be located on the 25th level and the topmost 26th level.

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, 2020)

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, 2019 – March 31, 2020.”