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ORIX CORP

Foreign Filer Report Dec 11, 2024

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6-K 1 d911344d6k.htm FORM 6-K Form 6-K

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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 2024

Commission File Number: 001-14856

ORIX Corporation

(Translation of Registrant’s Name into English)

World Trade Center Bldg., SOUTH TOWER, 2-4-1 Hamamatsu-cho, 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 ☒ Form 40-F ☐

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Table of Contents

Material Contained in this Report

1. “Notice regarding Completion of Share Repurchase”
2. “Notice regarding Cancellation of Own Shares”

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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/ Yasuaki Mikami
Yasuaki Mikami
Member of the Board of Directors Senior Managing Executive Officer Responsible for Corporate Function Unit Responsible for Work Style Reform Project ORIX Corporation

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Notice regarding Completion of Share Repurchase

TOKYO, Japan-December 11, 2024-ORIX Corporation (“ORIX”) hereby announces that the share repurchase resolved at its Board of Directors meeting held on May 8, 2024 pursuant to the provision of its Articles of Incorporation, which is in accordance with Article 459, Paragraph 1 of the Companies Act, has been completed as follows.

Progress of the repurchase in December 2024

1. Class of shares repurchased Common shares
2. Total number of shares repurchased 755,000 shares
3. Total purchase price of shares repurchased JPY 2,581,999,200
4. Repurchase period December 1, 2024 - December 10, 2024
5. Method of share repurchase Market purchases based on a discretionary dealing contract regarding repurchase of own shares

Cumulative repurchases through December 10, 2024

1. Total number of shares repurchased 14,649,500 shares
2. Total purchase price of shares repurchased JPY 49,999,766,050

(Reference) Details of the resolution with respect to share repurchase reached at the Board of Directors meeting held on May 8, 2024

1. Class of shares to be repurchased Common shares
2. Total number of shares Up to 40,000,000 shares (approx. 3.3% of the total outstanding shares (excluding treasury shares))
3. Total purchase price of shares to be repurchased Up to 50 billion yen
4. Repurchase period From May 15, 2024 to March 31, 2025
5. Method of share repurchase Market purchases based on a discretionary dealing contract regarding repurchase of own shares

Contact Information:

Investor Relations and Sustainability Department

ORIX Corporation

Tel: +81-3-3435-3121

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About ORIX Group:

ORIX Group (ORIX Corporation TSE: 8591; NYSE: IX) was established in 1964 and has grown from its roots in leasing in Japan to become a global, diverse, and unique corporate group. Today, it is active around the world in financing and investment, life insurance, banking, asset management, real estate, concession, environment and energy, automobile-related services, industrial/ICT equipment, ships and aircraft. Since expanding outside of Japan in 1971, ORIX Group has grown its business globally and now operates in around 30 countries and regions across the world with approximately 34,000 people. ORIX Group unites globally around its Purpose: “Finding Paths. Making Impact.” combining diverse expertise and innovative thinking to help our world develop in a sustainable way. For more details, please visit our website: https://www.orix.co.jp/grp/en/

(As of September 30, 2024)

Caution Concerning Forward Looking Statements:

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 that 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 under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2023 – March 31, 2024” furnished on Form 6-K.

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Notice regarding Cancellation of Own Shares

TOKYO, Japan-December 11, 2024-ORIX Corporation (“ORIX”) hereby announces that it has decided to cancel its own shares on December 10, 2024, in accordance with Article 178 of the Companies Act, as described below.

1. Class of shares to be cancelled Common shares
2. Number of shares to be cancelled 51,998,810 shares
3. Scheduled cancellation date January 20, 2025

(Reference)

Policies for Share Cancellation

At the Board of Directors meeting held on October 28, 2019, ORIX approved a policy regarding cancellation of its own shares under which, in principle, ORIX shall limit its total holdings of its own shares to an amount equal to 5% of its total number of issued shares and shall cancel any shares exceeding such amount. While the above policy remains unchanged, ORIX has decided to cancel its own shares in excess of 2% of the total number of issued shares for the purpose of optimizing the number of own shares.

Contact Information:

Investor Relations and Sustainability Department

ORIX Corporation

Tel: +81-3-3435-3121

About ORIX Group:

ORIX Group (ORIX Corporation TSE: 8591; NYSE: IX) was established in 1964 and has grown from its roots in leasing in Japan to become a global, diverse, and unique corporate group. Today, it is active around the world in financing and investment, life insurance, banking, asset management, real estate, concession, environment and energy, automobile-related services, industrial/ICT equipment, ships and aircraft. Since expanding outside of Japan in 1971, ORIX Group has grown its business globally and now operates in around 30 countries and regions across the world with approximately 34,000 people. ORIX Group unites globally around its Purpose: “Finding Paths. Making Impact.” combining diverse expertise and innovative thinking to help our world develop in a sustainable way.

For more details, please visit our website: https://www.orix.co.jp/grp/en/

(As of September 30, 2024)

Caution Concerning Forward Looking Statements:

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 that 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 under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2023 – March 31, 2024” furnished on Form 6-K.

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