ORIX Invests in Specialist Measurement Device Rental Company REX

TOKYO, Japan - November 25, 2022 - ORIX Corporation (“ORIX”) announced today that it has acquired all the shares in measurement device rental company REX Co., Ltd (“REX”).

REX is a Japanese corporation with a 40-year history which engages in providing services including rentals, sales, and outsourced calibration of measurement devices. REX’s lineup includes about 2,000 types and more than 27,000 units of rental devices from general-purpose articles such as surveying instruments and environmental measurement devices to highly specialized measurement devices such as nondestructive inspection devices. It receives orders for its rental online services including selection, quotations, and orders for devices from customers all over Japan.

Through this investment, ORIX will contribute to REX’s continued growth by providing support such as utilization of corporate business networks and business know-how and enhancing of governance. ORIX Rentec Corporation has strength in person-to-person type sales based on its nationwide sales offices and provides a wide range of items in its lineup such as ICT-related devices and industrial devices. On the other hand, REX has strength in online sales and specializes in rental services of measurement devices. The two companies will cooperate with each another and promote new sales techniques and customer development which make the most of their respective strengths.

Measurement device rental markets are expected to grow stably in the future, considering that the devices are widely used for new-building construction of physical distribution facilities due to the expansion of EC markets, seismic and repair work due to aging management of buildings, roads, and bridges, inspection, and R&D and quality control in various fields.

ORIX will continue to support the growth of companies and industries with stable business foundations and high quality technologies and services by leveraging the expertise it has built up in the ORIX Group.

Investments in rental business companies by ORIX
■Keisoku Net Service Co., Ltd. (Head office: Kita-ku, Tokyo; CEO: Tetsuro Sato)
Keisoku Net Service engages in development of measurement systems and rental of measurement devices. The company provides integrated services from measurement-related consulting to system development, contracted measurement operations, and system maintenance support. In December 2020, the company transferred its shares to ORIX in order to further strengthen its management systems, including nurturing a new generation of executives capable of guiding the company forward.
ORIX Acquires Shares in Measurement Device Rental Company Keisoku Net Service (December 25, 2020)

■Yodogawa Transformer Co., Ltd. (Head Office: Osaka, Osaka; CEO: Akira Okubo)
Yodogawa Transformer is the largest comprehensive engineering company in the power receiving and transforming facilities and equipment rental industry. The company has an extensive lineup of power receiving and transforming facilities and equipment, generators, and transformers for rent. It also has advanced technological capabilities so that it can, for example, build power receiving and transforming equipment and facilities to a customer’s order. In December 2017, the company transferred its shares to ORIX Rentec Corporation with the aim of further business growth.
ORIX Rentec Acquires Yodogawa Transformer Co., Ltd., the Largest Renter of Power Receiving and Transforming Facilities and Equipment (December 27, 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, 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.