A First for Condominiums in Japan! Complete the Procedure by Simply Putting Products in the Delivery Locker at Home
Introducing Non-Face-to-Face Shipping Service for Flea Market Apps
～Adopted as the Standard for Surpass Brand Condominiums～

Kagawa, Japan - November 18, 2021 - Anabuki Construction Inc. (“Anabuki Construction”) announced today that it will introduce a service that allows the shipping of “Yahoo! Auctions” and “PayPay Flea Market” products from the delivery lockers of condominiums. The service will be introduced to the condominium currently under construction “Surpass The Tower Utsunomiya”(a total of 124 units on 19 above-ground floors, scheduled to be completed in December 2021) for the first time, and will also be adopted as the standard for all Surpass brand condominiums to be developed in the future.

This service utilizes the “Fulltime Locker” installed by Fulltime System Co. Ltd. (Head Office: Chiyoda-ku, Tokyo; CEO: Koichiro Hara)Residents can ship products for sale on the online auction service “Yahoo! Auctions” and flea market app “PayPay Flea Market,” provided by Yahoo Japan Corporation, by simply putting products in the Fulltime Locker in the shared space of the condominium and inputting the order number and password received at the time of transaction completion on the touch panel, and a driver from Yamato Transport Co. Ltd. will pick up the products and complete the shipping procedures. There is no need to leave the condominium at night or in the rain to complete the shipping procedures. Products can be shipped 24 hours a day, 365 days a year, and without face-to-face contact, so heavy products can be shipped easily too.
The scale of the e-commerce market between consumers (C to C-EC) is estimated to be 1.9586 trillion yen in 2020 and to have increased by about 23% in the last two years compared to the 1.5891 trillion yen in 2018.^* It is thought that the reason for the continuing expansion of the sales market is due to improved convenience and increasing awareness of transactions through the spread of online auctions and flea market apps.

Anabuki Construction continue to build comfortable living spaces that cater to diversifying lifestyles and needs.

* Source：Ministry of Economy, Trade and Industry “FY2019 Global Economy Survey for Formulating an Integrated Domestic and External Economic Growth Strategy (E-Commerce Market Survey) Report,” “FY2020 Industry Economic Study Commissioned Project “Survey on E-Commerce Market” Report” (In Japanese)

1. Service Features
Products put up for sale on “Yahoo! Auctions” and “PayPay Flea Market” can be shipped from Fulltime System’s delivery boxes “Fulltime Lockers” installed in the shared space of condominiums. After residents simply use the touch panel to input the order number and password received at the time of transaction completion and store the products, a driver from Yamato Transport will pick up the products and complete the shipping procedures. Products can be easily shipped from one’s condominium 24 hours a day and 365 days a year, eliminating the trouble of sending heavy packages or having to leave the children at home. In addition, this service will be introduced in “Surpass The Tower Utsunomiya”, and will be available for use after move-in from February 2022.

2. Overview of Surpass The Tower Utsunomiya

Address	3-3-6 Odori, Utsunomiya, Tochigi (condominium address)
Access	5 minutes on foot from JR Utsunomiya Station on the Tōhoku Main Line
Scale and structure	Reinforced concrete structure (19 levels above ground)
Site area:	2,295.32m2
Total Units	124 (Includes one unit for business collaboration)
Parking space	89
Unit area	67.17m2-110.20m2
Floor plan	2LDK and 3LDK
Date of completion	Mid-December 2021(planned)
Design	Anabuki Construction Inc. Tokyo First-Class Registered Architects
Construction	Anabuki Construction Inc. Tokyo First-Class Registered Architects
Property website	https://www.384.co.jp/utsunomiya/(In Japanese)

3. Survey Data Regarding E-Commerce Between Consumers（C to C-EC）
According to the “E-Commerce Market Survey” released by the Ministry of Economy, Trade and Industry, the scale of the C to C-EC market is estimated to be 1.9586 trillion yen in 2020 and to have increased by about 23% in the last two years compared to the 1.5891 trillion yen in 2018. The reason behind this could be the progressing establishment of the reuse market, which reconciles economic rationality and environmental consideration, and the increased use of online auctions and flea market apps. In addition, it is presumed that C to C-EC market expansion was triggered by the stay-at-home restrictions and remote work resulting from the COVID-19 pandemic, which has brought about opportunities to sell unnecessary household items.

4. Company Overview
■Anabuki Construction Inc.

Head office	1-11-22 Fujitsukacho,Takamatsu,Kagawa
Representative	Yoshiaki Tokuda
Established	January 1961
Business details	Housing Development and Sales, Construction Services
Number of employees	556 (as of April 1, 2021)
Shareholders	ORIX Group 100%
Website	http://www.anabuki.co.jp(In Japanese)

■Fulltime System Co. Ltd.

Head office	2-10-1 Iwamoto-cho, Chiyoda-ku, Tokyo
Representative	Koichiro Hara
Established	May 1986
Business details	Delivery boxes, delivery lockers, boxes with electronic controls and living-related facilities, the development, manufacturing, sales, maintenance, management, and rental, etc. of information terminals
Capital	498 million yen
Number of employees	278(as of April, 2021)
Website	https://www.fts.co.jp(In Japanese)

Contact Information:
Investor Relations and Sustainability Department
ORIX Corporation
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 28 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, 2021)

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, 2020 – March 31, 2021.”