ORIX Corp Q1 Financial Results & Share Repurchase Update
Ticker: ORXCF · Form: 6-K · Filed: Aug 5, 2024 · CIK: 1070304
| Field | Detail |
|---|---|
| Company | Orix Corp (ORXCF) |
| Form Type | 6-K |
| Filed Date | Aug 5, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, share-repurchase, quarterly-filing
TL;DR
ORIX dropped Q1 earnings and share buyback update on Aug 5th.
AI Summary
ORIX Corporation filed its first quarter consolidated financial results for the period ending June 30, 2024, on August 5, 2024. The filing also included a notice regarding the status of its share repurchase program. ORIX Corporation is a Japanese financial services group headquartered in Tokyo.
Why It Matters
This filing provides investors with an update on ORIX's financial performance in the first quarter of its fiscal year and transparency on its ongoing share repurchase activities.
Risk Assessment
Risk Level: low — This is a routine financial results filing and does not indicate any unusual risks.
Key Players & Entities
- ORIX Corporation (company) — Registrant
- Tokyo Stock Exchange (company) — Exchange where results were filed
- August 5, 2024 (date) — Date of filing and report period
- June 30, 2024 (date) — End of first quarter reporting period
FAQ
What period do the first quarter consolidated financial results cover?
The first quarter consolidated financial results cover the period from April 1, 2024, to June 30, 2024.
When were ORIX's first quarter financial results filed?
ORIX's first quarter consolidated financial results were filed with the Tokyo Stock Exchange on Monday, August 5, 2024.
What other material is included in this 6-K filing?
In addition to the first quarter consolidated financial results, this 6-K filing includes a 'Notice regarding Share Repurchase Status'.
Under which rule is this Form 6-K filed?
This Form 6-K is filed pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
Does ORIX file its annual reports under Form 20-F or Form 40-F?
ORIX files its annual reports under cover of Form 20-F.
Filing Stats: 4,374 words · 17 min read · ~15 pages · Grade level 15 · Accepted 2024-08-05 06:08:27
Filing Documents
- d780246d6k.htm (6-K) — 511KB
- g780246g0705070925859.jpg (GRAPHIC) — 4KB
- 0001193125-24-193297.txt ( ) — 517KB
SIGNATURES
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. ORIX Corporation Date : August 5, 2024 By /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 Table of Contents Consolidated Financial Results April 1, 2024 - June 30, 2024 August 5, 2024 In preparing its consolidated financial information, ORIX Corporation (the Company) and its subsidiaries have complied with generally accepted accounting principles in the United States of America. This document may contain forward-looking 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 Companys most recent annual report on Form 20-F filed with the U.S. Securities and Exchange Commission. The Company believes that it may have been a passive foreign investment company for U.S. federal income tax purposes in the year to which these consolidated financial results relate by reason of the composition of its assets and the nature of its income. In addition, the Company may be a PFIC for the foreseeable future. Assuming that the Company is a PFIC, a U.S. holder of the shares or American depositary shares of the Company will be subject to special rules generally intended to eliminate any benefits from the deferral of U.S. federal income tax that a holder could derive from investing in a foreign corporation that does not distribute all of its earni