ORIX Bank Reduced Mailed Documents for 19,921 Customers and Planted 99 Saplings in Hinohara, Tokyo in Fiscal Year Ended March 2022
Jul 07, 2022
TOKYO, Japan - July 7, 2022 - ORIX Bank Corporation (“ORIX Bank”) announced today that it donated the equivalent of 99 saplings to Hinohara, Tokyo in the fiscal year ended March 2022, and its employees personally planted the trees. ORIX Bank is promoting activities to donate to tree-planting programs in correspondence with the shift to paperless delivery of documents*1 mailed to customers.
ORIX Bank donates 30 yen for each customer to tree-planting programs in correspondence with the shift to the paperless delivery of documents mailed to customers who use its loans such as real estate investment loans*2. ORIX Bank has shifted to paperless delivery for a total of 19,921 customers in the fiscal year ended March 2022, and the donations of 597,630 yen from the second installment of the program (from January 4, 2021 to March 31, 2022) were used to purchase 99 saplings through the Environmental Relations certified N.P.O. In addition, with the support of this organization, ORIX Bank employees themselves conducted the tree-planting this time.
ORIX Bank will continue its efforts to help realize a decarbonized society by reducing paper usage and reforestation through donations.
*1 Documents eligible for paperless delivery: Repayment schedules and fixed interest rate term extension application forms.
*2 ORIX Bank to Contribute to Tree-Planting Program for Customers Who Go Paperless (January 4, 2021)
|Number of trees planted (Amount of donation)||Tree-planting site|
|First installment(January 4, 2021 - June 30, 2021)||78(392,160 yen)||Ashigawa-cho, Fuefuki, Yamanashi|
|Second installment(January 4, 2021 - March 31, 2022)||99(597,630 yen)||Ozawa District, Hinohara-mura, Nishitama-gun, Tokyo|
|Name||Environmental Relations, Certified NPO|
|Established||September 8, 2003|
|Address||8th floor, Kanda Ogawa-machi Building, 2-3-12 Kanda ogawa-machi, Chiyoda-ku, Tokyo|
Investor Relations and Sustainability Department
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 March 31, 2022)
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, 2021 – March 31, 2022.”
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