ORIX Corporation is rated a "Buy" following a strong Q2 beat, raised guidance, and a positive ROE outlook. The company posted a 70% YoY net profit increase, driven by asset sales and strategic portfolio optimization, exceeding consensus expectations. Management raised its FY26 earnings guide to ¥440 billion; it also targets ROE improvement to 11% by FY28, supported by new private equity initiatives and increased buybacks.
ORIX Corporation ( IX ) Q2 2026 Earnings Call November 12, 2025 2:30 AM EST Company Participants Sachiko Nakane Hidetake Takahashi - President, Group COO, Representative Executive Officer & Director Kazuki Yamamoto - Head of Corporate Planning & Investor Relations Conference Call Participants Masao Muraki - SMBC Nikko Securities Inc., Research Division Koki Sato - JPMorgan Chase & Co, Research Division Kazuki Watanabe - Daiwa Securities Co. Ltd., Research Division Naruhiko Sakamaki - Mizuho Securities Co., Ltd.
My rating for ORIX is lifted to buy after analyzing its 1QFY26 earnings beat and considering potential re-rating triggers. The first quarter bottom line was 15% above the consensus estimate thanks to the outperformance of the Energy and Real Estate segments; I think this sets the stage for an eventual full-year guidance raise. ORIX has made greater-than-expected progress with its current repurchase program, and it is likely that a fresh buyback plan will be contemplated before this fiscal year ends.
| Financial Services Industry | Financials Sector | Makoto Inoue CEO | XDUS Exchange | US6863301015 ISIN |
| JP Country | 33,807 Employees | 30 Sep 2025 Last Dividend | 1 Apr 2013 Last Split | 1 Apr 1970 IPO Date |
ORIX Corporation is a diversified financial services company that has a broad operational footprint extending across Japan, the United States, Asia, Europe, Australasia, and the Middle East. The company, with its origins in 1950 and initially known as Orient Leasing Co., Ltd., underwent a name change to ORIX Corporation in 1989. ORIX has established its headquarters in Tokyo, Japan, and has since expanded its operations to specialize in various segments including corporate financial services, real estate, private equity investments, and more. With a comprehensive suite of services, ORIX Corporation caters to a wide range of customer needs, emphasizing its significant role in the global financial landscape.
This segment offers finance and fee services along with leasing and rental solutions. The focus areas include automobiles, electronic measuring instruments, and ICT-related equipment. It further extends to providing life insurance and solutions related to environment and energy.
ORIX is involved in the development, rental, and management of real estate properties, alongside operating facilities. Its services encompass real estate asset management, management of residential condominiums and office buildings, as well as provision of construction contracting, real estate brokerage, and real estate investment advisory services. Moreover, it manages hotels and Japanese inns within this sector.
This area focuses on private equity investment and concession businesses, highlighting ORIX's role in investing in and managing various projects and businesses.
Providing renewable energy, ESCO (Energy Services Company) services, retail electric power, and sales of solar panels and battery electricity storage systems mark ORIX's dedication to sustainable solutions. Additionally, it engages in recycling, waste management services, and solar power generation.
The company sells life insurance products through multiple channels including agents, banks, other financial institutions, face-to-face, and online platforms, showcasing its versatility in the insurance market.
ORIX provides a comprehensive range of banking and consumer finance services, indicating its solid footprint in the financial sector.
Engaging in aircraft leasing and management, alongside ship-related finance and investment businesses, ORIX demonstrates its capacity and expertise in specialized sectors of finance.
Through its US segment, ORIX offers finance, investment, and asset management services, illustrating its considerable presence and adaptability in the diverse US market.
This segment specializes in equity and fixed income asset management services, further signaling ORIX's broad-based financial services competencies across different regions.
Here, ORIX extends its finance and investment businesses, underscoring its strategic engagement in the bustling markets of Asia and Australasia.