ORIX Corp Files 6-K on ADS Ratio Change
Ticker: ORXCF · Form: 6-K · Filed: Feb 3, 2025 · CIK: 1070304
| Field | Detail |
|---|---|
| Company | Orix Corp (ORXCF) |
| Form Type | 6-K |
| Filed Date | Feb 3, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, share-ratio, foreign-private-issuer
TL;DR
ORIX Corp filed a 6-K detailing changes to its ADS to common share ratio. Investors need to check the specifics.
AI Summary
ORIX Corporation filed a Form 6-K on February 3, 2025, to report a "Notice Regarding Details on Change in Ratio of ADSs to Common Shares." This filing is for the month of February 2025 and indicates that ORIX Corporation is a foreign private issuer filing under the 1934 Act.
Why It Matters
This filing provides crucial information for investors holding American Depositary Shares (ADSs) regarding adjustments to their ratio relative to common shares, which can impact ownership percentages and voting rights.
Risk Assessment
Risk Level: low — This is a routine disclosure filing providing information about share ratios, not indicating any immediate financial distress or significant operational changes.
Key Players & Entities
- ORIX Corporation (company) — Registrant
- February 2025 (date) — Reporting period
- February 3, 2025 (date) — Filing date
- ADSs (security) — American Depositary Shares
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose of this Form 6-K filing is to provide a "Notice Regarding Details on Change in Ratio of ADSs to Common Shares" for the month of February 2025.
What is ORIX Corporation's filing status with the SEC?
ORIX Corporation is identified as a foreign private issuer filing pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
When was this Form 6-K filed?
This Form 6-K was filed on February 3, 2025.
What is the principal executive office address of ORIX Corporation?
The principal executive office address of ORIX Corporation is World Trade Center Bldg., SOUTH TOWER, 2-4-1 Hamamatsu-cho, Minato-ku, Tokyo, JAPAN.
Does ORIX Corporation file annual reports under Form 20-F or Form 40-F?
ORIX Corporation indicates that it files annual reports under cover of Form 20-F.
Filing Stats: 684 words · 3 min read · ~2 pages · Grade level 14.3 · Accepted 2025-02-03 06:06:25
Filing Documents
- d844082d6k.htm (6-K) — 14KB
- 0001193125-25-018827.txt ( ) — 15KB
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 : February 3, 2025 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 ORIX Corporation (the Company) hereby announces further details regarding the previously announced change in the ratio of its American Depositary Shares (ADSs) to its common shares, which will change from one (1) ADS representing five (5) common shares to one (1) ADS representing one (1) common share (the ADS Ratio Change). The Company anticipates that the ADS Ratio Change will be effective immediately after the stock split on or about February 27, 2025 (the Effective Date). For holders of the Companys ADSs, the change in the ADS ratio will have the same effect as a five-for-one forward ADS split, with registered holders of the Companys ADSs held via the Direct Registration System or in the Depository Trust Company as of February 26, 2025, the ADS Record Date, receiving, on the Effective Date, four additional ADSs for each ADS held. Citibank, N.A., the depositary bank of the Companys ADS program, will arrange for the distribution of additional ADSs issuable pursuant to the ADS Ratio Change to registered holders of the Companys ADSs. Holders of the Companys ADSs do not need to take any action with regards to the ADS Ratio Change. The Companys ADSs will continue to be traded on the New York Stock Exchange under the symbol IX. The ADS Ratio Change will have no impact on the Companys underlying common shares, and no common shares will be issued or cancelled in connection with the ADS Ratio Change. Contact Information: Investor Relations and Sustainability Department ORIX Corporation Tel: +81-