News Release

ZEH-M Oriented Specifications Adopted for the First Time in Mie
Lions Kuwana Hachikendori Master Fort
Condominium gallery will open to the public on October 22

Oct 17, 2022

TOKYO, Japan - October 17, 2022 - DAIKYO INCORPORATED (“DAIKYO”) announced today that the condominium gallery of Lions Kuwana Hachikendori Master Fort (total of 95 units on 15 above-ground floors), a condominium under development in Kuwana, Mie, will be open to the public from October 22, 2022.

Image of the exterior

Lions Kuwana Hachikendori Master Fort is a 7-minute walk from the Kuwana Station Kintetsu Railway Nagoya Line and JR Kansai Line are located. Moreover, the Kuwana Station can be accessed on foot via Hachikendori Street, which is well known locally as the iconic street of Kuwana. In the vicinity of the property, there are public establishments such as a general hospital, commercial establishments and Kyuka Park, which was developed from the ruins of Kuwana Castle, providing both convenience and a rich natural environment.
A total of 10 floor plans in 3LDK and 4LDK (from 66.72m2 to 85.84m2) are available, offering a variety of plans when combined with a total of 26 different options including expanded living and dining rooms, western-style rooms, and a storage space.
In addition, the property is the first in Mie to have been certified as ZEH-M Oriented owing to its improved thermal insulation and highly efficient equipment, and it has also received the highest level of five-star third-party certification in BELS (Building Energy-efficiency Labeling System), for the entire residential building and all residential units.
DAIKYO will continue to create comfortable homes that are environmentally friendly and cater to the needs of our customers.

■Features of Lions Kuwana Hachikendori Master Fort
1. Rare location along Hachikendori Street

Hachikendori Street, Kuwana’s iconic street

The property is a 7-minute walk from the Kuwana Station Kintetsu Railway Nagoya Line and JR Kansai Line, and is located along Hachikendori Street, which connects the area in front of Kuwana Station, and the Kuwana Castle Ruins area, which has many historical and cultural attractions. Hachikendori is loved as Kuwana's iconic street, maintained with rows of trees and streetlights along the sidewalks that are separated from the road, and without utility poles or power lines to protect the scenery. It is also adjacent to historical areas such as Kyuka Park, a park built on the ruins of Kuwana Castle and Rokkaen. It can be accessed by only a 12-minute ride on the express train from Kuwana Station to Kintetsu-Yokkaichi Station, or a 25-minute ride to Kintetsu-Nagoya Station. Within walking distance are public establishments such as a general hospital and commercial establishments, making the location highly convenient. The east side of the property is lined with low-rise residences, offering a tranquil and open living environment.

2. Exterior design and common areas
With the chic, monotone color scheme that harmonizes with the surrounding cityscape as its base for the exterior, the facade that faces Hachikendori Street expresses the progressiveness of the new landmark with sharp lines. The approach to the entrance is a two-story atrium with a glass curtain wall for a sense of openness and excellent lighting.

Image of the exterior

Image of entrance lounge

3. A wide variety of floor plans and convenient common equipment

There are 10 floor plans (from 66.72 m2 to 85.84 m2) available in 3LDK and 4LDK. In addition, a variety of layouts are available when combined with 26 different options, including expanded living and dining rooms, western-style rooms, and a storage space. In addition to two side-by-side elevators that reduce the waiting time, highly convenient common equipment will be installed, including a covered garbage disposal area that can be used 24 hours a day, a disaster prevention stockpile in case of a disaster, and a foot-washing area for pets. Furthermore, it will be equipped with LIONS My Box, exclusive delivery lockers for each residence that integrate a parcel and mail delivery box and won a 2016 Good Design Award. The system is a solution to new lifestyles where delivery services have become commonplace and the need to reduce the time and hassle caused by redelivery and avoiding contact.

4. Adoption of ZEH-M Oriented specifications

The property has acquired ZEH-M Oriented certification, as well as the highest level of five-star third-party certification in the BELS*1 (Building Energy-efficiency Labeling System) for the entire residential building and all residential units. The use of materials with high thermal insulation in the floors and ceilings and LOW-E double-glazing in windows that are directly exposed to the outside air prevent changes in room temperature . In addition, the use of high-efficiency equipment such as high-insulation bathtubs and LED lighting saves significant energy (at least 20% above the standard).
*1 A system in which a third-party evaluation organization certifies energy-saving performance of new and existing buildings.

<DAIKYO and Anabuki Construction's Experience in ZEH-M Specifications>
In ORIX Group's real estate business, DAIKYO INCORPORATED and Anabuki Construction, which are responsible for the condominium housing development business, have experience with a total of 28 condominiums with ZEH-M specifications (based on completed construction, as of Octorber 2022).
In July 2018, DAIKYO reduced primary energy consumption by more than 75% in Lions Ashiya Grandfort, becoming the first company in Japan to receive a BELS evaluation certificate* as Nearly ZEH-M.
The two companies will promote the development with specifications that meet the ZEH-M Oriented standard as a general principle, aiming to enhance environmental consideration and to improve the quality of living.
Website: https://lions-mansion.jp/areaspecial/zeh_m/Open Link in New Window (in Japanese)
* Lions Ashiya Grandfort receives Japan's first Nearly ZEH-M certification (July 10, 2018)Open PDF in New Window[2.53MB] (in Japanese)

5. Property overview
Address 36 Suehiro-cho, Kuwana, Mie (lot number)
Access 7 minutes on foot from Kuwana Station on the Kintetsu Railway Nagoya Line and JR Kansai Line
9 minutes on foot from Nishikuwana Station on the Sangi Railway Hokusei Line
Scale and structure Reinforced concrete structure; 15 levels above ground
Total units 95
Unit area 66.72 m2-85.84 m2
Unit plans 3LDK, 4LDK
Start of construction April 25, 2022
Date of completion February 15, 2024 (planned)
Move-in date February 22, 2024 (planned)
Design SHIBAYAMA CONSULTANT INC. First-Class Registered Architects
Construction TSUCHIYA CORPORATION Nagoya Branch
Seller DAIKYO INCORPORATED
Website https://lions-mansion.jp/ME191058/Open Link in New Window (in Japanese)

■Location map

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 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.” furnished on Form 6-K.

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