ORIX Eco Services Launches Material Recycling Business for Tablet Blister Packaging

TOKYO, Japan - November 9, 2022 - ORIX Eco Services Corporation (“ORIX Eco Services”) announced today that in partnership with Daido Jushi Co., Ltd., it will launch a material recycling business (hereinafter “this business”) that deals with bonded dissimilar materials consisting of plastic and aluminum (e.g., sheets used for tablet packaging [hereinafter “blister packaging sheet^*1”]).

ORIX Eco Services provides one-stop support for the collection, reuse, recycling, and proper disposal of customers’ unwanted goods. To achieve this, the company draws on the original expertise it developed through its proper disposal of leased items and leverages its network of more than 1,000 firms nationwide, including waste disposal and transportation, intermediate processing, and reuse companies.
Utilizing a technology to separate blister packaging sheets into plastic and aluminum, this business will recycle material at ORIX Eco Services’ Funabashi Plant and other companies within ORIX’s network across Japan. Blister packaging sheets, which are a typical example of bonded dissimilar materials, are discharged as waste from operations including pharmaceutical plants, and several thousands of tons of these sheets are annually incinerated and disposed of at landfills. By separating these sheets into plastic and aluminum, this business will not only recycle the waste as plastic and aluminum materials, but will also reduce CO₂ emissions through recycling. Efforts will be made to apply this technology to plastic and other metal combinations as well.
On the plastic disposal front, initiatives are being promoted to both curtail the use of and recycling of plastic as exemplified by the Ministry of the Environment (MOE) of Japan’s establishment of the Resource Circulation Strategy for Plastics in May 2019^*2 and introduction of fees for plastic checkout bags in July 2020.
ORIX Eco Services will continue to provide customers with solutions for the re-use, recycling, and proper processing of waste, with the goal of promoting a recycling-oriented society with reduced environmental impact.

*1 Also known as “Press-Through Package” in Japan, these are packaging sheets that contain tablets and capsules inside a single plastic sheet onto which an aluminum film has been attached.
*2 Source: MOE Resource Circulation Strategy for Plastics

■Recycling blister packaging materials

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, 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.