ORIX Corporation (IX) reported stronger first-half results. For the six months ended September 30, 2025, total revenues were ¥1,564,497 million, up 11%. Income before income taxes rose 52% to ¥391,482 million, and net income attributable to ORIX shareholders increased 48% to ¥271,096 million. Basic EPS was ¥240.42. Comprehensive income attributable to shareholders was ¥488,394 million.
Dividends and outlook: An interim dividend of ¥93.76 per share was approved, applying a 39% payout ratio to first-half EPS. For the fiscal year ending March 31, 2026, ORIX forecasts income before income taxes of ¥640,000 million and net income attributable to shareholders of ¥440,000 million. The annual dividend will be the higher of a 39% payout or ¥120.01 per share; if net income reaches ¥440 billion, the annual dividend is expected to be ¥153.67.
Capital actions and segments: The share repurchase limit was raised to up to 60 million shares and up to ¥150 billion; 22,739,700 shares had been repurchased for ¥78,031,748,500 as of October 31, 2025. Segment profits were led by Environment and Energy at ¥119,685 million. ORIX noted it may be a PFIC for U.S. tax purposes.
ORIX Corporation reported progress on its share repurchase program, buying 1,680,100 common shares for JPY 6,352,222,000 via market purchases during October 1–31, 2025.
The buyback was authorized by the Board on May 12, 2025 for up to 40,000,000 shares and up to JPY 100 billion, with a scheduled window from May 19, 2025 to March 31, 2026. Cumulatively through October 31, 2025, ORIX has repurchased 22,739,700 shares for JPY 78,031,748,500.