News Release

ORIX Bank Launches Robo-Advisor Asset Management Service

Feb 08, 2023

TOKYO, Japan - February 8, 2023 - ORIX Bank Corporation (“ORIX Bank”) announced today that it has launched WealthNavi for ORIX Bank, a fully automated asset management service. The company will also launch a campaign to celebrate the launch of the service.

WealthNavi for ORIX Bank is a fully automated asset management service provided by WealthNavi Inc. for the customers of ORIX Bank. WealthNavi for ORIX Bank aims to maximize returns through fully automated and diversified investment across approximately 12,000 stocks in 50 countries through carefully selected exchange-traded funds (ETFs) according to the risk tolerance of each customer.
To celebrate the launch of this new service, customers who meet specified conditions, such as applying for the service between February 8 and April 12, 2023, depositing a minimum investment of 100,000 yen, and starting asset management, will be eligible to receive a gift of up to 100,000 yen, based on their total deposit amount and the status of their automated accumulating funds.

ORIX Bank offers a wide range of financial products tailored to customers’ life stages, including deposit products with attractive interest rates and money trust. By adding this service to our lineup, which allows customers to easily manage their assets with “long-term, accumulated, and diversified” products without specialized knowledge, ORIX Bank will expand the range of asset management options and contribute to customers’ asset formation.

ORIX Bank will continue to provide products and services that will help customers to achieve stable asset formation.

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.

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