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ORIX Corporation - IX STOCK NEWS

Welcome to our dedicated page for ORIX Corporation news (Ticker: IX), a resource for investors and traders seeking the latest updates and insights on ORIX Corporation stock.

ORIX Corporation (symbol: IX) is a diversified financial services group headquartered in Minato, Tokyo, and Osaka, Japan. Established in 1964, ORIX has grown into a global enterprise with a presence in over 30 countries. The company operates in various sectors, providing a wide range of products and services tailored to meet the needs of its diverse client base.

Core Business Areas

  • Corporate Financial Services: ORIX offers a variety of financial solutions including loans, leasing, and investment services to small and medium-sized enterprises (SMEs).
  • Maintenance Leasing: The company provides leasing services for large-ticket items such as ships, airplanes, and technology equipment.
  • Real Estate: ORIX engages in real estate investment, development, and management, offering comprehensive property solutions.
  • Private Equity Investment and Concession: This division focuses on private equity investments and public infrastructure concession projects.
  • Environment and Energy: ORIX is committed to sustainable development, investing in renewable energy projects and environmental solutions.
  • Insurance: The company provides various insurance products tailored to individual and corporate needs.
  • Banking and Credit: ORIX operates several banks and provides credit services, including consumer and business loans.
  • Aircraft and Ships: The company finances and leases aircraft and ships, supporting global transportation needs.

Global Presence

ORIX has a significant presence in the USA, Europe, Asia, and Australia, offering localized financial services and products. The company’s subsidiaries, such as ORIX USA and ORIX Aviation, extend its reach in the global market.

Recent Achievements

In June 2023, ORIX’s subsidiary, Avolon, announced a major order for 40 Boeing 737 MAX airplanes at the Paris Air Show. This move underscores ORIX’s role in advancing the aviation industry through strategic investments and partnerships.

Financial Condition

ORIX is known for its robust financial health, with a diversified portfolio that mitigates risk and enhances stability. The company continues to expand its revenue streams through strategic acquisitions and investments.

Partnerships and Collaborations

ORIX maintains strategic partnerships with global enterprises such as Boeing and Avolon, reinforcing its position in the international market. These collaborations enable ORIX to offer innovative solutions and enhance its service offerings.

With its comprehensive portfolio and global reach, ORIX Corporation continues to be a leader in the financial services industry, committed to meeting the evolving needs of its customers and contributing to sustainable development.

Rhea-AI Summary

ORIX (NYSE: IX) has submitted its annual Form 20-F for the fiscal year ended March 31, 2024, to the U.S. Securities and Exchange Commission (SEC) on June 27, 2024.

Shareholders and interested parties can download the file from the ORIX website or access it via the SEC EDGAR database. Additionally, ORIX offers free hard copies of the completed audited financial statements upon request through their Investor Information Request Form.

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ORIX USA has appointed Nik Singhal as Managing Director and Group Head of Direct Lending within its Private Credit business. With 26 years of experience, Singhal joins from BlackRock and will start on July 8, 2024. He will report to Jeff Abrams, Group Head of Private Credit and Real Estate, and join ORIX USA’s Management Committee. This appointment coincides with the restructuring of ORIX’s private credit platform into two specializations: Direct Lending and Securitized Credit. Singhal will lead Direct Lending, encompassing NXT Capital, Growth Capital, and Municipal & Infrastructure solutions. His role will focus on expanding businesses, driving origination and performance, and leveraging the firm’s balance sheet. Meanwhile, Raviv Shtaingos will head the Securitized Credit division. This strategic move aims to scale ORIX USA’s private credit business by aligning with investor interests, particularly in the middle market.

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ORIX Corporation has submitted its annual Form 20-F for the fiscal year ended March 31, 2023 to the U.S. Securities and Exchange Commission. Online versions of the file and hard copies of the audited financial statements are available for download.
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Boeing and Avolon announced an order for 40 737 MAX airplanes at the Paris Air Show. The order extends Avolon's delivery pipeline out to 2030. The 737 MAX will reduce fuel use and emissions by 20% compared to the airplanes they replace. Each airplane will save up to 8 million pounds of CO2 annually. Boeing customers have placed over 1,000 orders and commitments for the company's new commercial airplanes since July 2022.
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FAQ

What does ORIX Corporation do?

ORIX Corporation is a diversified financial services group offering loans, leasing, real estate, insurance, and more.

Where is ORIX Corporation headquartered?

ORIX Corporation is headquartered in Minato, Tokyo, and Osaka, Japan.

In which sectors does ORIX operate?

ORIX operates in sectors including Corporate Financial Services, Maintenance Leasing, Real Estate, Environment and Energy, and more.

What are some recent achievements of ORIX?

In June 2023, ORIX's subsidiary Avolon announced an order for 40 Boeing 737 MAX airplanes.

How does ORIX contribute to sustainable development?

ORIX invests in renewable energy projects and provides environmental solutions to promote sustainability.

What financial services does ORIX offer to SMEs?

ORIX offers loans, leasing, and investment services tailored to the needs of small and medium-sized enterprises.

Which countries have ORIX’s global presence?

ORIX has a significant presence in the USA, Europe, Asia, and Australia.

What type of leasing services does ORIX provide?

ORIX provides leasing services for large-ticket items like ships, airplanes, and technology equipment.

Who are ORIX’s strategic partners?

ORIX maintains partnerships with global enterprises such as Boeing and Avolon.

What is ORIX’s financial condition?

ORIX is known for its robust financial health and diversified portfolio, which enhances stability and mitigates risk.

ORIX Corporation

NYSE:IX

IX Rankings

IX Stock Data

26.83B
1.21B
1.96%
0.05%
Sales Financing
Finance and Insurance
Link
United States of America
Minato Ku