ORIX Auto to Partner with New Rakuten CarShare Service

TOKYO, Japan - March 1, 2022 - ORIX Auto Corporation (“ORIX Auto”) announced today that it has entered a partnership with Rakuten Group, Inc. (“Rakuten”). Starting today, customers will be able to use ORIX CarShare services via Rakuten CarShare^*1, Rakuten’s car sharing reservation service.

Rakuten CarShare wishes to provide even first-time users of car sharing services with peace of mind; to this end, in addition to normal coverage, it offers free support for punctures, lock-outs, emergency roadside gasoline supplies, and replacement vehicle costs in case of accident or malfunction.
On the official Rakuten CarShare website, Rakuten members can search for car sharing stations, and make reservations and payments. Members only pay when they use the service, and receive one Rakuten Point for each 100 yen they spend; Rakuten Points can be used to pay for Rakuten CarShare services as well.

ORIX Auto has previously collaborated with telecommunications companies and railway companies^*3 to increase the number of ORIX CarShare stations and expand the range of its services. By working together with Rakuten, which boasts a vast membership, and its new car sharing platform, ORIX Auto will enable more customers than ever before will be able to use cars with convenience.

ORIX Auto will continue its efforts to popularize car sharing, with the goal of responding to the diverse needs of its customers.

*1 https://carshare.rakuten.co.jp (in Japanese)
*2 As of March 2021
*3 ORIX CarShare and ORIX Rent a Car to Collaborate with NTT DOCOMO’s New “d car share” Service” (October 18, 2017)

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.”