ORIX Bank Plants 162 Saplings in Osaki, Miyagi
Nov 10, 2023
TOKYO, Japan - November 10, 2023 - ORIX Bank Corporation (“ORIX Bank”) announced today that it donated the equivalent of 162 tree saplings to Osaki, Miyagi in the fiscal year ended March 31, 2023, and its employees personally planted the trees. ORIX Bank has been conducting an effort to donate to tree-planting programs based on the number of customers who agree to paperless delivery of loan-related documents*1.
ORIX Bank donates 30 yen to tree-planting programs for each customer who opts for paperless delivery of documents mailed to customers who use its loans such as real estate investment loans*2. A cumulative total of 27,133 customers have opted for paperless delivery by the fiscal year ended March 31, 2023, and the donations of 813,990 yen from the third installment of the program (January 4, 2021 to March 31, 2023) were used to purchase 162 saplings through the Environmental Relations certified N.P.O. In addition, ORIX Bank employees themselves planted the saplings with the support of this organization.
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|
(January 4, 2021 - June 30, 2021)
|78 (392,160 yen)||Ashigawa-cho, Fuefuki, Yamanashi|
(January 4, 2021 - March 31, 2022)
|99 (597,630 yen)||Ozawa District, Hinohara-mura, Nishitama-gun, Tokyo|
(January 4, 2021 - March 31, 2023)
|162 (813,990 yen)||Wakamikohara, Naruko Onsen Onikobe, Osaki, Miyagi|
Investor Relations and Sustainability Department
About ORIX Group:
ORIX Group (ORIX Corporation TSE: 8591; NYSE: IX) was established in 1964 and has grown from its roots in leasing in Japan to become a global, diverse, and unique corporate group. Today, it is active around the world in financing and investment, life insurance, banking, asset management, real estate, concession, environment and energy, automobile-related services, industrial/ICT equipment, ships and aircraft. Since expanding outside of Japan in 1971, ORIX Group has grown its business globally and now operates in around 30 countries and regions across the world with approximately 35,000 people. ORIX Group unites globally around its Purpose: “Finding Paths. Making Impact.” bringing diverse expertise and innovative thinking to help our world develop in a sustainable way.
For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of November 1, 2023)
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, 2022 – March 31, 2023” furnished on Form 6-K.
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