News Release

Marine Vessel Trading Company SOMEC Receives Capital Participation from Marine Transport and Shipbuilding Companies

Jul 18, 2025

TOKYO, Japan – July 18, 2025 – ORIX Corporation (“ORIX”) announced today that it has transferred 7.5% of the common shares issued by SOMEC Corporation ("SOMEC"), a marine vessel trading company in which ORIX has an equity stake*1, to KAMBARA KISEN Co., Ltd. (“KAMBARA KISEN”) and Onomichi Dockyard Co., Ltd. (“Onomichi Dockyard”). As a result of this transfer, ORIX’s ownership ratio in SOMEC is now 62.5%. The existing shareholders of SOMEC, Sojitz Corporation (a 20% equity stake) and SHOEI KISEN KAISHA, LTD., an Imabari Shipbuilding Group company (a 10% equity stake), maintain their respective shareholdings.

KAMBARA KISEN is a marine transportation company that has led the TSUNEISHI Group for over 100 years since its founding in 1903. Onomichi Dockyard, a shipbuilding firm established in 1943, has a history spanning 82 years.
With the participation of these two companies as shareholders, SOMEC will now be backed by key companies in Japan’s maritime industry, including shipowners, shipyard, trading company, and shipping business company. By leveraging the knowledge and networks of this diverse shareholder base, SOMEC aims to expand its existing marine vessel trading business and drive the development of new ventures through collaboration across Japanese maritime-related companies.

ORIX began a secondhand ship leasing business in Japan in the latter half of the 1960s and has been building up expertise in ship investment (owning and operations); ship purchases, sales, and brokerage; and international ship financing. In February 2024, ORIX acquired all shares of Santoku Senpaku Co., Ltd., which engages in ship ownership and management. Furthermore, in March 2025, ORIX acquired shares in SOMEC, a company established through a corporate split*2 of Sojitz Corporation’s marine vessel trading business, further expanding its maritime-related businesses.

ORIX aims to strengthen its collaboration with Japanese marine-related companies and to create new business opportunities that address the maritime industry’s challenges, such as decarbonization and DX. ORIX will continue to contribute to the sustainable growth of the maritime industry as a part of social infrastructure by utilizing its accumulated experience and expertise.

*1 ORIX Invests in Marine Vessel Trading Business of Sojitz Corporation (March 19, 2025)
*2 Notice Regarding Corporate Split of Marine Vessel Trading Business (Simple Absorption-type Split) Sojitz Corporation (January 23, 2025)Open PDF document[177KB]

■Overview of SOMEC

Name SOMEC Corporation
Address 2-4-1 Hamamatsucho, Minato-ku, Tokyo
Date of establishment February 12, 2025
Representative President Ryujiro Tokuma
Description of business Marine vessel trading businesses (including purchase and sale of new and secondhand vessels, ship chartering, sale and leaseback, freight transport, and vessel management)

■Overview of KAMBARA KISEN

Name KAMBARA KISEN Co., Ltd.
Address 1083 Tsuneishi, Numakuma-cho, Fukuyama, Hiroshima
Date of establishment January 4, 2011
Representative President and Representative Director Hirotatsu Kambara
Description of business Marine transportation, shipping-related services

■Overview of Onomichi Dockyard

Name Onomichi Dockyard Co., Ltd.
Address 104 Edo-machi, Chuo-ku, Kobe, Hyogo
Date of establishment April 1, 1943
Representative President Takashi Nakabe
Description of business Construction, repair, scrapping and operation of ships

Contact Information:
Investor Relations and Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121

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 34,000 people. ORIX Group unites globally around its Purpose: “Finding Paths. Making Impact.” combining 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 March 31, 2025)

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, 2024 – March 31, 2025” furnished on Form 6-K.

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