ORIX Corp Files 6-K with Q2 Financial Updates

TL;DR

ORIX Corp's Q2 6-K is out, showing revenues and detailing loan guarantee risks.

AI Summary

ORIX Corp filed a 6-K report on November 13, 2024, for the period ending September 30, 2024. The filing includes financial information related to revenues, other comprehensive income, and liabilities. It also details maximum exposure to loss from commitments and guarantees on consumer loans.

Why It Matters

This filing provides investors with updated financial performance and risk exposure details for ORIX Corp as of the second quarter of their fiscal year.

Risk Assessment

Risk Level: low — The filing is a routine financial disclosure (6-K) and does not appear to contain any immediate negative news or significant changes.

Key Players & Entities

• ORIX Corp (company) — Filer of the report
• 20240930 (date) — Period of report
• 20241113 (date) — Filing date

FAQ

Filing Documents

• d57727d6k.htm (6-K) — 10147KB
• 0001193125-24-256542.txt ( ) — 45527KB
• ix-20240930.xsd (EX-101.SCH) — 179KB
• ix-20240930_cal.xml (EX-101.CAL) — 98KB
• ix-20240930_def.xml (EX-101.DEF) — 965KB
• ix-20240930_lab.xml (EX-101.LAB) — 1088KB
• ix-20240930_pre.xml (EX-101.PRE) — 1141KB
• d57727d6k_htm.xml (XML) — 14728KB

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: November 13, 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 INFORMATION Notes to Translation 1. The following is an English translation of ORIX Corporation ' s semi-annual financial report ( hanki houkokusho ) as filed with the Kanto Financial Bureau in Japan on November 13, 2024, which includes unaudited consolidated financial information prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP") as of March 31, 2024 and September 30, 2024 and for the six months ended September 30, 2023 and 2024. 2. Significant differences between U.S. GAAP and generally accepted accounting principles in Japan ("Japanese GAAP") are stated in Note 1 "Overview of Accounting Principles Utilized" of the notes to Consolidated Financial Statements. In preparing its consolidated financial information, ORIX Corporation (the "Company") and its subsidiaries have complied with U.S. GAAP. This document may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on the Company's 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 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

Risk Factors

Risk Factors Investing in the Company's securities involves risks. You should carefully consider the information described herein as well as the risks described under "Risk Factors" in our Form 20-F for the fiscal year ended March 31, 2024 and the other information in that annual report, including, but not limited to, the Company's consolidated financial statements and related notes and "Item 11. Quantitative and Qualitative Disclosures about Market Risk." The Company's business activities, financial condition and results of operations and the trading prices of the Company's securities could be adversely affected by any of the factors or other factors. 3. Analysis of Financial Results and Condition The following discussion provides management's explanation of factors and events that have significantly affected the Company's financial condition and results of operations for the six months ended September 30, 2024. Also included is management's assessment of factors and trends that could have a material effect on the Company's financial condition and results of operations in the future. However, please be advised that financial conditions and results of operations in the future may also be affected by factors other than those discussed herein. These factors and trends regarding the future were assessed as of the issue date of this semi-annual financial report (hanki houkokusho) . (1) Qualitative Information Regarding Consolidated Financial Results Financial Highlights Financial Results for the Six Months Ended September 30, 2024 Total revenues 1,403,633 million(Up 3% year on year) Total expenses 1,206,661 million(Up 1% year on year) Income before income taxes 256,991 million(Up 39% year on year) Net income attributable to ORIX Corporation Shareholders 182,946 million(Up 43% year on year) Earnings per share for net income attributable to ORIX Corporation Shareholders (Basic) 159.42 (Up 45% year on year) (Diluted) 159.15 (Up 45% year on

View Full Filing

View this 6-K filing on SEC EDGAR