When ORIX launched its Growth Strategy 2035 in May 2025, it set two headline targets - net income of 1 trillion yen and a return on equity of 15% - as well as a central ambition: to transform itself from a balance sheet investor into a glo…

At its inaugural ORIX Investor Day in London this July, ORIX communicated its Growth Strategy 2035, a plan to move to an asset management model that accelerates growth while also lifting financial returns – with a target of reaching a 15% …

When ORIX launched its Growth Strategy 2035 just over a year ago, some observers wondered whether the targets - a 15% return on equity and 1 trillion yen in net profit - were more aspiration than plan.

For more than 60 years, ORIX has been one of Japan's best-kept secrets: a widely diversified and quietly formidable corporate group that has expanded across industries and continents while remaining, to much of the international investment…