ORIX CORP — Board/Management Information 2007

Dec 13, 2007

6-K 1 d6k.htm FORM 6-K Form 6-K

Table of Contents

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 OF

THE SECURITIES EXCHANGE Act of 1934

For the month of December, 2007.

ORIX Corporation

(Translation of Registrant’s Name into English)

Mita NN Bldg., 4-1-23 Shiba, Minato-Ku, Tokyo, JAPAN

(Address of Principal Executive Offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F x Form 40-F ¨

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes ¨ No x

Table of Contents

Table of Documents Filed

1.	English press release entitled, “Announcement Regarding Management Changes and Organizational Reform” made public on Thursday, December 13, 2007.
2.	English press release entitled, “Announcement Regarding Terms for Disposal of Treasury Stock” made public on Thursday, December 13, 2007.

Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

/s/ Haruyuki Urata
Haruyuki Urata
Director
Corporate Senior Vice President
ORIX Corporation

Table of Contents

December 13, 2007

FOR IMMEDIATE RELEASE

Contact Information:

ORIX Corporation

Corporate Communications

Yui Takamatsu or

Xiaomai Feng

Tel: +81-3-5419-5044

Fax: +81-3-5419-5901

E-mail: orixir@orix.co.jp

URL: www.orix.co.jp/index_e.htm

Announcement Regarding Management Changes and Organizational Reform

TOKYO, Japan – December 13, 2007 – ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today made public an announcement regarding management changes and organizational reform. An English summary of the details is given below.

New Position	Present Position	Name
Changes Effective as of January 1, 2008
Director Vice Chairman Chief Financial Officer	Director Representative Executive Officer President Chief Operating Officer Chief Financial Officer	Yasuhiko Fujiki
Director Representative Executive Officer President Chief Operating Officer	Director Deputy President Responsible for Overseas Activities Alternative Investment & Development Headquarters Investment Banking Headquarters Office of the President	Yukio Yanase
Director Deputy President Responsible for Overseas Activities (including Alternative
Investment & Development Headquarters) Office of the
President Corporate Planning Office	Director Corporate Senior Vice President Corporate Planning Office Office of the President	Haruyuki Urata
Corporate Executive Vice President Human
Resources & Corporate Administration Headquarters	Corporate Senior Vice President Human Resources &
Corporate Administration Headquarters	Nobuyuki Kobayashi
Corporate Executive Vice President Investment Banking
Headquarters Securitized Products Office Chairman, ORIX Capital
Corporation	Corporate Senior Vice President Real Estate Finance
Headquarters Special Investments Group Finance Department II Securitized Products Office	Kazuo Kojima

Table of Contents

| Corporate Senior Vice President Legal Department Compliance Department Office of Internal Controls Internal Audit Department | Corporate Senior Vice President Legal Department Compliance Department Office of Internal Controls | Hiroshi Nakamura | | --- | --- | --- | | Group Senior Vice President Deputy President, ORIX Real Estate Corporation | Executive Officer OQL Headquarters Asset Administration Department President, ORIX Credit Corporation | Yoshiyuki Yamaya | | Executive Officer District Sales Headquarters Chairman, ORIX Kitakanto Corporation | Executive Officer Investment Banking Headquarters Business Administration Group Chairman, ORIX Capital Corporation | Masayuki Okamoto | | Executive Officer Investment Banking Headquarters Special Investments Group President, ORIX Asset Management & Loan Services Corporation | Group Executive President, ORIX Asset Management & Loan Services Corporation Special Investments Group | Mitsuo Nishiumi | | Group Executive Director and Deputy President, ORIX Life Insurance Corporation | Executive Officer District Sales Headquarters Chairman, ORIX Kitakanto Corporation | Yuichi Kawamura | | Executive Officer Investment Banking Headquarters Project Finance I Equity Group | Real Estate Finance Headquarters Project Finance I Equity Group | Hiroshi Yasuda | | Executive Officer e-Commerce OQL Headquarters Asset Administration Department Regional Business Department President, ORIX Callcenter Corporation | Kinki (Osaka) Sales Headquarters | Katsunobu Kamei | | Group Executive President, ORIX Securities Corporation | President, ORIX Securities Corporation | Hisayuki Kitayama | | Advisor Chairman, ORIX Auto Corporation | Corporate Executive Vice President Regional Business Department President, ORIX Callcenter Corporation | Masahiro Matono | | Advisor Audit Committee Secretariat | Corporate Executive Vice President Internal Controls Audit Internal Audit Department Audit Committee Secretariat | Masaru Hattori |

Organizational reform (as of January 1, 2008)

Real Estate Finance Headquarters, Special Investments Group and Finance Department II will be consolidated with the Investment Banking Headquarters.

Table of Contents

Reference: ORIX’s corporate governance system flowchart (as of December 13, 2007)

Table of Contents

About ORIX

ORIX Corporation (TSE: 8591; NYSE: IX) is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 23 countries and regions worldwide, ORIX’s activities include corporate financial services, such as leases and loans, as well as automobile operations, rental operations, real estate-related finance, real estate, life insurance, and investment banking. For more details, please visit our website at: www.orix.co.jp/grp/index_e.htm

These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and those described under “Business Risk” of the securities report ( yukashoken houkokusho ) filed with the Director of the Kanto Local Finance Bureau.

Table of Contents

December 13, 2007

FOR IMMEDIATE RELEASE

Contact Information:

ORIX Corporation

Corporate Communications

Yui Takamatsu or

Xiaomai Feng

Tel: +81-3-5419-5044

Fax: +81-3-5419-5901

E-mail: orixir@orix.co.jp

URL: www.orix.co.jp/index_e.htm

Announcement Regarding Terms for Disposal of Treasury Stock

TOKYO, Japan – December 13, 2007– ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today announced that it has decided to dispose of a portion of its treasury stock. The treasury stock to be disposed of forms a portion of the remuneration during the terms of four executive officers and a group executive who are scheduled to retire on January 1, 2008. All of the funds acquired upon disposal of this portion of treasury stock will be used for general corporate purposes. Details yet to be determined will be announced after they have been decided.

Details of Disposal of Stock

1.	Type of Shares:	Common shares of the Company
2.	Maximum Number of Shares:	8,300 shares
3.	Disposal Price:	To be decided
		As a rule, the disposal price shall be the closing price upon retirement. Specifically, the price shall be the average closing price of common shares on the Tokyo Stock Exchange for the 30
trading days commencing 45 days previous to, and not including, January 1, 2008 and rounded upwards to the nearest yen. However,
		if the above price is below the closing price on the retirement date, the disposal price shall be the closing price on the retirement date.
4.	Payment Date for Purchase of Shares:	To be decided
		As a rule, after retirement of the executive officers and group executive, and upon completion of prescribed procedures.

Table of Contents

About ORIX

ORIX Corporation (TSE: 8591; NYSE: IX) is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 26 countries and regions worldwide, ORIX’s activities include corporate financial services, such as leases and loans, as well as automobile operations, rental operations, real estate-related finance, real estate, life insurance, and investment banking. For more details, please visit our website at: www.orix.co.jp/grp/index_e.htm

These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and those described under “Business Risk” of the securities report ( yukashoken houkokusho ) filed with the Director of the Kanto Local Finance Bureau.