Sumitomo Mitsui Trust Group, Inc., a Japan-based parent holding company, reports beneficial ownership of 55,783,120 shares of ORIX Corporation common stock, representing 5.0% of the class as of June 30, 2026. All of these shares are reported with shared voting power of 52,615,720 shares and shared dispositive power over 55,783,120 shares, with no sole voting or dispositive power.
The filing explains that portions of this position are owned, or may be deemed beneficially owned, through subsidiaries, including Sumitomo Mitsui Trust Asset Management Co., Ltd. and Amova Asset Management Co., Ltd., each classified as an investment adviser and a non-U.S. institution under SEC rules. It also notes that Nikko Asset Management Co., Ltd. changed its name to Amova Asset Management Co., Ltd. effective September 1, 2025.
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Key Figures
Beneficial ownership:55,783,120 sharesPercent of class:5.0%Shared voting power:52,615,720 shares+3 more
6 metrics
Beneficial ownership55,783,120 sharesShares of ORIX Corporation common stock beneficially owned by Sumitomo Mitsui Trust Group, Inc.
Percent of class5.0%Percentage of ORIX Corporation common stock class beneficially owned
Shared voting power52,615,720 sharesShares over which Sumitomo Mitsui Trust Group, Inc. has shared power to vote
Shared dispositive power55,783,120 sharesShares over which Sumitomo Mitsui Trust Group, Inc. has shared power to dispose
Name change effective dateSeptember 1, 2025Effective date of Nikko Asset Management Co., Ltd. name change to Amova Asset Management Co., Ltd.
Report date referenceJune 30, 2026Date as of which the ownership information is reported
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared power to vote or to direct the vote: 52,615,720"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared power to dispose or to direct the disposition of: 55,783,120"
parent holding companyfinancial
"Portions of the securities being reported on by Sumitomo Mitsui Trust Group, Inc. as a parent holding company"
investment adviserfinancial
"classified as an investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E)"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
non-U.S. institutionfinancial
"classified as an investment adviser ... and as a non-U.S. institution"
How many ORIX (IX) shares does Sumitomo Mitsui Trust Group report owning?
Sumitomo Mitsui Trust Group reports beneficial ownership of 55,783,120 ORIX common shares. This stake is reported on a Schedule 13G/A and reflects shared dispositive power over all 55,783,120 shares through the group and its asset management subsidiaries.
What percentage of ORIX (IX) does Sumitomo Mitsui Trust Group hold?
The group reports holding 5.0% of ORIX’s common stock. This percentage is based on 55,783,120 shares beneficially owned and meets the SEC threshold for filing a Schedule 13G/A as a large institutional holder.
Does Sumitomo Mitsui Trust Group have voting power over ORIX (IX) shares?
The group reports shared voting power over 52,615,720 ORIX shares and no sole voting power. It also reports shared dispositive power over 55,783,120 shares, indicating influence exercised through affiliated asset management subsidiaries.
Which subsidiaries of Sumitomo Mitsui Trust Group are tied to its ORIX (IX) holdings?
The filing states that portions of the ORIX position are held by subsidiaries, including Sumitomo Mitsui Trust Asset Management Co., Ltd. and Amova Asset Management Co., Ltd., each classified as an investment adviser and a non-U.S. institution under SEC rules.
What name change is disclosed related to Amova Asset Management in the ORIX (IX) filing?
The filing notes that Nikko Asset Management Co., Ltd. changed its name to Amova Asset Management Co., Ltd. effective September 1, 2025. This clarification links the historic Nikko entity to the current Amova name referenced among the reporting subsidiaries.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
ORIX Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
686330101
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
686330101
1
Names of Reporting Persons
Sumitomo Mitsui Trust Group, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
JAPAN
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
52,615,720.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
55,783,120.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
55,783,120.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.0 %
12
Type of Reporting Person (See Instructions)
HC, FI
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ORIX Corporation
(b)
Address of issuer's principal executive offices:
World Trade Center Bldg., SOUTH TOWER, 2-4-1 Hamamatsu-cho, Minato-ku, Tokyo, Japan 105-5135
Item 2.
(a)
Name of person filing:
Sumitomo Mitsui Trust Group, Inc.
(b)
Address or principal business office or, if none, residence:
1-4-1 Marunouchi, Chiyoda-ku, Tokyo 100-8233, Japan
(c)
Citizenship:
Japan
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
686330101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Parent Holding Company
Item 4.
Ownership
(a)
Amount beneficially owned:
55,783,120
(b)
Percent of class:
5.0%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
52,615,720
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
55,783,120
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Portions of the securities being reported on by Sumitomo Mitsui Trust Group, Inc. as a parent holding company are owned, or may be deemed to be beneficially owned, by its subsidiaries: each of (a) Sumitomo Mitsui Trust Asset Management Co., Ltd. and (b) Amova Asset Management Co., Ltd. is classified as an investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E) and as a non-U.S. institution in accordance with ss.240.13d-1(b)(1)(ii)(J).In addition, Nikko Asset Management Co., Ltd. has changed the company name to Amova Asset Management Co., Ltd. as of September 1, 2025.
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Portions of the securities being reported on by Sumitomo Mitsui Trust Group, Inc. as a parent holding company are owned, or may be deemed to be beneficially owned, by its subsidiaries: each of (a) Sumitomo Mitsui Trust Asset Management Co., Ltd. and (b) Amova Asset Management Co., Ltd. is classified as an investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E) and as a non-U.S. institution in accordance with ss.240.13d-1(b)(1)(ii)(J). In addition, Nikko Asset Management Co., Ltd. has changed the company name to Amova Asset Management Co., Ltd. as of September 1, 2025.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
