High-Rise Condominium at Redevelopment Project in Gifu’s Takashimaya South District to be Named LIONS GIFU PREMIST TOWER 35

TOKYO, Japan - October 14, 2020 - DAIKYO INCORPORATED (“DAIKYO”) and Daiwa House Industry Co., Ltd. (“Daiwa House”) announced that they have decided to name the condominium being constructed at the Takashimaya South District Type 1 Urban Redevelopment Project in Gifu City as LIONS GIFU PREMIST TOWER 35.

This is a redevelopment project that aims to invigorate central urban areas including the Yanagase Shopping District. The development of the condominium is being undertaken by the two companies. Located at the southern entrance to Yanagase, it is a very convenient area that is served by a majority of bus routes. The redevelopment building YANAGASE GLASSTLE 35—comprising commercial facilities, public facilities, residences, and car parks—is also being planned to have bustling open spaces.
This condominium will be located on the fifth to 35th levels of the redevelopment building. With a total of 335 units, it will have the largest number of units in Gifu Prefecture. Layouts can be chosen from approximately 60 types according to the lifestyles of diverse generations. There are six units, each exceeding 100 m², located on the top floor, including residential units with a view of Gifu Castle, Mount Kinka, and Nagara River. In addition, a sky lounge as well as guestroom will also be established as shared facilities.
Aimed for completion in fiscal 2022, LIONS GIFU PREMIST TOWER 35 will offer comfortable housing in harmony with the local community while generating prosperity for the district.

1. About Takashimaya South District Type 1 Urban Redevelopment Project “YANAGASE GLASSTLE 35”
With Takashimaya South Area Redevelopment Project as the project executor, this redevelopment project takes place at the southern entrance to the Yanagase district in Gifu City, Gifu Prefecture. Positioned as part of the Gifu City Central Urban Area Revitalization Basic Plan, it is an extremely important project that seeks to realize the basic policies of securing residents that support local vitality and creating contents that serve as local attractions.
The redevelopment building was named YANAGASE GLASSTLE 35 in August 2020. It will have 35 levels above ground and one basement level, with commercial facilities located on the first and second levels and public facilities (health and exercise facility as well as childcare support facility) maintained by Gifu City on the third and fourth levels. Located on the fifth to 35th levels, the condominium LIONS GIFU PREMIST TOWER 35 will be the largest in Gifu Prefecture with a total of 335 units, and aims to achieve revitalization of central urban areas and shopping districts as the landmark of Yanagase.

2. About the LIONS GIFU PREMIST TOWER 35 condominium
(1)Exterior design

(2)Shared facilities

(3)Layouts
A rich variety of layouts—approximately 60 types in total—will be offered with floor areas from 46.90 m² to 156.32 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. Six top grade residential units exceeding 100 m² in area—including residential units with a view of Gifu Castle, Mount Kinka, and Nagara River—will be located on the topmost 35th 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.”