ORIX CORP (IX) director Matsuzaki reports stock and retirement share rights

Rhea-AI Filing Summary

ORIX CORP director Matsuzaki Satoru has filed an initial ownership report detailing his equity interests in the company. He holds 10,692 shares of Common Stock directly. In addition, a Board Incentive Plan Trust holds share-based compensation points that are tied to his retirement benefits.

The trust-related position consists of share-based compensation points that entitle him to receive 248,440 shares of Common Stock upon retirement, with each point representing the right to one share. These awards function as long-term, share-based compensation rather than recent market purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Matsuzaki Satoru

(Last) (First) (Middle)

WORLD TRADE CENTER BUILDING, SOUTH TOWER

2-4-1 HAMAMATSU-CHO, MINATO-KU

(Street)

TOKYO JAPAN 105-5135

(City) (State) (Zip)

JAPAN

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
ORIX CORP [ IX ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	10,692	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share-based Compensation Points	(1)	(1)	Common Stock	248,440	(2)	I	By Board Incentive Plan Trust

Explanation of Responses:

1. The reported derivative securities represent share-based compensation granted under ORIX Corporation's share-based compensation program, which entitles the Reporting Person to receive the stated amount of Common Stock upon retirement.

2. Each point represents a right to receive one share of Common Stock.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Tomohiko Ishihara, as Attorney-in-Fact for Satoru Matsuzaki	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does ORIX CORP (IX) director Matsuzaki Satoru report on this Form 3?

He reports his initial ownership in ORIX CORP securities, including directly held Common Stock and share-based compensation points. This establishes a baseline record of his equity interests as a company director for regulatory disclosure purposes.

How many ORIX CORP (IX) shares does Matsuzaki Satoru hold directly?

He holds 10,692 shares of ORIX CORP Common Stock directly. This position is separate from his indirect share-based compensation interests, which are linked to a Board Incentive Plan Trust and subject to retirement-related conditions.

What are the share-based compensation points reported for ORIX CORP (IX)?

The filing shows share-based compensation points granted under ORIX Corporation's program. These points entitle him to receive 248,440 shares of Common Stock upon retirement, aligning his long-term incentives with shareholder interests through equity-linked compensation.

How do the share-based compensation points for ORIX CORP (IX) convert into shares?

Each point represents a right to receive one share of ORIX CORP Common Stock. The reported points, held via a Board Incentive Plan Trust, become deliverable as shares to him upon retirement per the program’s terms.

Is this ORIX CORP (IX) Form 3 a record of trades or just holdings?

This Form 3 records existing holdings, not new market trades. It lists his direct Common Stock position and his indirect rights to receive shares through share-based compensation points that are tied to retirement under a board incentive plan.