Consolidated Financial Results from April 1, 2019 to September 30, 2019
(U.S. GAAP Financial Information for ORIX Corporation and its Subsidiaries)
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Corporate Name:
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ORIX Corporation
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Listed Exchanges:
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Tokyo Stock Exchange (Securities No. 8591)
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New York Stock Exchange (Trading Symbol : IX)
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Head Office:
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Tokyo JAPAN
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Tel: +81-3-3435-3121
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(URL https://www.orix.co.jp/grp/en/ir/)
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1. Performance Highlights as of and for the Six Months Ended September 30, 2019
(1) Performance Highlights - Operating Results (Unaudited)
(millions of yen)*1
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Total
Revenues
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Year-on-Year
Change
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Operating
Income
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Year-on-Year
Change
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Income before
Income
Taxes
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Year-on-Year
Change
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Net Income
Attributable
to
ORIX Corporation
Shareholders
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Year-on-Year
Change
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September 30, 2019
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1,112,678
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(11.8
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%)
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161,702
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(17.1
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%)
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228,629
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3.5
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%
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159,150
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2.6
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%
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September 30, 2018
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1,262,014
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(16.9
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%)
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195,094
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3.2
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%
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220,945
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(12.5
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%)
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155,050
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(6.6
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%)
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Comprehensive Income Attributable to ORIX Corporation Shareholders was
¥123,365 million for the six months ended September 30, 2019 (year-on-year change was a 26.5% decrease) and ¥167,820 million for the six months
ended September 30, 2018 (year-on-year change was a 7.0% decrease).
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Basic
Earnings Per
Share
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Diluted
Earnings Per
Share
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September 30, 2019
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124.34
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124.24
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September 30, 2018
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121.13
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121.03
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*Note 1:
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Unless otherwise stated, all amounts shown herein are in millions of Japanese yen, except for Per Share and dividend amounts which are in
single yen.
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(2) Performance Highlights - Financial Position (Unaudited)
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Total
Assets
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Total
Equity
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Shareholders
Equity
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Shareholders
Equity
Ratio
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September 30, 2019
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12,511,073
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3,027,716
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2,962,073
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23.7
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%
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March 31, 2019
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12,174,917
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2,953,201
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2,897,074
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23.8
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%
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*Note 2:
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Shareholders Equity refers to Total ORIX Corporation Shareholders Equity.
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Shareholders Equity Ratio is the ratio of Total ORIX Corporation Shareholders Equity
to Total Assets.
2. Dividends (Unaudited)
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First
Quarter-end
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Second
Quarter-end
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Third
Quarter-end
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Year-end
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Total
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March 31, 2019
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30.00
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46.00
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76.00
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March 31, 2020
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35.00
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March 31, 2020 (Est.)
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41.00
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76.00
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*Note 3:
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For details of dividend forecast for the fiscal year ending March 31, 2020, please refer to Announcement Regarding Interim
Dividend and Year-End Dividend Forecast for the Fiscal Year Ending March 31, 2020 announced today.
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3. Forecast for the Year Ending March 31, 2020 (Unaudited)
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Net Income
Attributable
to
ORIX Corporation Shareholders
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Year-on-Year
Change
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March 31, 2020
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300,000
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(7.3
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%)
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*Note 4:
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Although forward-looking statements in this document are attributable to current information available to ORIX Corporation and are based on
assumptions deemed reasonable by ORIX Corporation, actual financial results may differ materially due to various factors. Readers are urged not to place undue reliance on such forward-looking statements.
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Factors causing a result that differs from forward-looking statements include, but are not limited to, those described
under Risk Factors in our Form 20-F submitted to the U.S. Securities and Exchange Commission.
4. Other Information
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(1) Changes in Significant Consolidated Subsidiaries
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Yes ( ) No ( x )
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Addition - None
( )
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Exclusion - None
( )
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(2) Adoption of Simplified Accounting Method
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Yes ( ) No ( x )
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(3) Changes in Accounting Principles, Procedures and Disclosures
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1. Changes due to adoption of new accounting standards
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Yes ( x ) No ( )
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2. Other than those above
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Yes ( ) No ( x )
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*Note 5:
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For details, please refer to 2. Financial Information (6) Changes in Accounting Policies on page 12.
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(4) Number of Issued Shares (Ordinary Shares)
1. The number of issued shares, including treasury stock, was 1,324,629,128 as of September 30, 2019, and 1,324,629,128 as of
March 31, 2019.
2. The number of treasury stock was 42,843,944 as of September 30, 2019, and 42,843,783 as of
March 31, 2019.
3. The average number of outstanding shares was 1,279,965,110 for the six months ended September 30,
2019, and 1,280,070,926 for the six months ended September 30, 2018.
The Companys shares held through the Board
Incentive Plan Trust (1,796,993 shares as of September 30, 2019 and 1,823,993 shares as of March 31, 2019) are not included in the number of treasury stock as of the end of the periods, but are included in the average number of shares
outstanding as treasury stock that are deducted from the basis of the calculation of per share data.
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