6-K
Orix Corp (IX)
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OFFOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR15d-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 TradeCenter Bldg., SOUTH TOWER, 2-4-1 Hamamatsu-cho, Minato-ku,
Tokyo, JAPAN
(Address ofPrincipal 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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Material Contained in this Report
| 1. | “Announcement Regarding Changes in Representative Executive Officers” |
|---|---|
| 2. | “Announcement Regarding Management Changes and Organizational Reform” |
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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.
| ORIX Corporation | ||
|---|---|---|
| Date: December 9, 2024 | By | /s/ Yasuaki Mikami |
| Yasuaki Mikami | ||
| Member of the Board of Directors<br><br><br>Senior Managing Executive Officer<br><br><br>Responsible for Corporate Function Unit<br><br><br>Responsible for Work Style Reform Project<br><br><br>ORIX Corporation |
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Announcement Regarding Changes in Representative Executive Officers
Tokyo, Japan – December 9, 2024 – ORIX Corporation (“ORIX”) today made public an announcement regarding changes in representative executive officers following a resolution passed by the Board of Directors.
| 1. | Changes in Representative Executive Officers | |
|---|---|---|
| (1) | Change in Position | |
| --- | --- | |
| New Position | Present Position | Name |
| --- | --- | --- |
| Member of the Board of Directors,<br><br><br>Representative Executive Officer,<br> <br>Chairperson and Chief Executive<br>Officer | Member of the Board of Directors,<br><br><br>Representative Executive Officer,<br><br><br>President and Chief Executive Officer,<br><br><br>Responsible for Group Strategy Business Unit | Makoto Inoue |
| (2) | New Appointment | |
| --- | --- | |
| New Position | Present Position | Name |
| --- | --- | --- |
| Member of the Board of Directors,<br><br><br>Representative Executive Officer,<br> <br>President and Chief Operating<br>Officer,<br> <br>Responsible for Group Strategy Business Unit | Member of the Board of Directors,<br><br><br>Senior Managing Executive Officer,<br><br><br>Head of Energy and Eco Services Headquarters,<br> <br>Group<br>Strategy Business Unit<br> <br>Responsible for Global Investment Strategy | Hidetake Takahashi |
| (3) | Effective Date | |
| --- | --- |
January 1, 2025
| 2. | Reason for the Changes |
|---|
Under this new management structure, ORIX Group aims to drive further growth by leveraging its diverse expertise to develop its business globally.
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| 3. | Profile of the newly appointed Representative Executive Officer | |
|---|---|---|
| Name | Hidetake Takahashi | |
| --- | --- | --- |
| Date of Birth | January 13, 1971 | |
| Business Experience | Apr. 1993 | Joined ORIX Corporation |
| Feb.2010 | General Manager of Investment and Operation Group I, | |
| Investment Banking Headquarters | ||
| Jun. 2010 | Executive Officer, DAIKYO INCORPORATED | |
| Sep. 2011 | General Manager of Planning Department, | |
| Investment and Operation Headquarters | ||
| Nov. 2011 | General Manager of Business Development Department, | |
| Investment and Operation Headquarters | ||
| Jan. 2014 | General Manager of Business Development Department, | |
| Energy and Eco Services Headquarters | ||
| Jan. 2017 | Deputy Head of Energy and Eco Services Headquarters, | |
| General Manager of Business Development Department | ||
| Mar. 2017 | Deputy Head of Energy and Eco Services Headquarters, | |
| General Manager of Global Business Development Department | ||
| May 2018 | Member of the Board of Directors, ORIX Corporation UK Limited | |
| (present position) | ||
| Jan. 2020 | Executive Officer | |
| Head of Energy and Eco Services Headquarters (present position) | ||
| Jan. 2022 | Managing Executive Officer | |
| Jan. 2024 | Senior Managing Executive Officer | |
| Group Strategy Business Unit | ||
| Responsible for Global Investment Strategy (present position) | ||
| Jun. 2024 | Member of the Board of Directors, Senior Managing Executive Officer | |
| (present position) | ||
| Number of shares<br> <br>held | 7,100 shares (As of December 9, 2024) |
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)
CautionConcerning 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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Announcement Regarding Management Changes and Organizational Reform
Tokyo, Japan – December 9, 2024 – ORIX Corporation (“ORIX”) today made public an announcement regarding management changes and organizational reform.
| ☐ | Management Changes (Effective as of January 1, 2025) | |
|---|---|---|
| New Position | Present Position | Name |
| --- | --- | --- |
| Member of the Board of Directors<br> <br>Representative<br>Executive Officer<br> <br>Chairperson and Chief Executive Officer | Member of the Board of Directors<br> <br>Representative<br>Executive Officer<br> <br>President and Chief Executive Officer<br><br><br>Responsible for Group Strategy Business Unit | Makoto Inoue |
| Member of the Board of Directors<br> <br>Representative<br>Executive Officer<br> <br>President and Chief Operating Officer<br><br><br>Responsible for Group Strategy Business Unit | Member of the Board of Directors<br> <br>Senior<br>Managing Executive Officer<br> <br>Head of Energy and Eco Services Headquarters<br><br><br>Group Strategy Business Unit<br> <br>Responsible for Global Investment<br>Strategy | Hidetake Takahashi |
| Member of the Board of Directors<br> <br>Deputy<br>President Executive Officer<br> <br>Head of Corporate Business Headquarters<br><br><br>Chairperson, ORIX Auto Corporation<br> <br>Chairperson, ORIX Rentec<br>Corporation | Member of the Board of Directors<br> <br>Senior<br>Managing Executive Officer<br> <br>Head of Corporate Business Headquarters<br><br><br>Chairperson, ORIX Auto Corporation<br> <br>Chairperson, ORIX Rentec<br>Corporation | Satoru Matsuzaki |
| Executive Officer<br> <br>Group Kansai<br>Representative<br> <br>Senior Managing Executive Officer,<br> <br>ORIX Real<br>Estate Corporation<br> <br>Representative Director, Osaka IR KK | Executive Officer<br> <br>Group Kansai<br>Representative<br> <br>Responsible for Osaka IR Project Office<br><br><br>Responsible for Real Estate Sales Department<br> <br>Senior Managing<br>Executive Officer,<br> <br>ORIX Real Estate Corporation<br><br><br>Representative Director, Osaka IR KK | Toyonori Takahashi |
| Executive Officer<br> <br>Responsible for Osaka IR<br>Project Office<br> <br>Responsible for Real Estate Sales Department<br><br><br>Senior Managing Executive Officer,<br> <br>ORIX Real Estate<br>Corporation | Executive Officer<br> <br>Head of Osaka IR Project<br>Office<br> <br>Senior Managing Executive Officer,<br> <br>ORIX Real Estate<br>Corporation | Satoshi Matsui |
| Executive Officer<br> <br>Head of Energy and Eco<br>Services Headquarters | Executive Officer<br> <br>Deputy Head of Energy and Eco<br>Services Headquarters | Atsunori Sato |
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| New Position | Present Position | Name |
|---|---|---|
| Executive Officer<br> <br>Group Strategy Business<br>Unit<br> <br>Responsible for Asia and Australia Business Group | Operating Officer<br> <br>Group Strategy Business<br>Unit<br> <br>Deputy Head of Global Business Group | Yoshiaki Matsuoka |
| Executive Officer<br> <br>Deputy Head of Global<br>Transportation Services Headquarters | Operating Officer<br> <br>Deputy Head of Global<br>Transportation Services Headquarters | Kei Kitagawa |
| Group Managing Executive<br> <br>President, ORIX Real<br>Estate Corporation | Group Managing Executive<br> <br>President, ORIX Real<br>Estate Corporation<br> <br>President, DAIKYO INCORPORATED | Toshinari Fukaya |
| Group Managing Executive<br> <br>President, ORIX Rentec<br>Corporation | Group Executive<br> <br>President, ORIX Auto<br>Corporation | Yuji Kamiyauchi |
| Group Executive<br> <br>Senior Managing Executive<br>Officer,<br> <br>ORIX Real Estate Corporation<br> <br>President, DAIKYO<br>INCORPORATED | Group Executive<br> <br>President, ORIX Rentec<br>Corporation | Nobuhisa Hosokawa |
| Group Executive<br> <br>President, ORIX Auto<br>Corporation | Group Executive<br> <br>Deputy President, ORIX Auto<br>Corporation | Susumu Naito |
| Group Executive<br> <br>Senior Managing Executive<br>Officer,<br> <br>ORIX Auto Corporation | Operating Officer<br> <br>Deputy Head of Corporate<br>Business Headquarters | Naomi Shibuya |
| Group Executive<br> <br>Chief Executive Officer, ORIX<br>Aviation Systems Limited | Chief Executive Officer, ORIX Aviation Systems Limited | James Meyler |
| Retire* | Group Executive<br> <br>Chairperson, ORIX Asset<br>Management Corporation | Hiroko Yamashina |
| * | Ms. Yamashina will be appointed Advisor of ORIX on January 1, 2025. | |
| --- | --- | |
| ☐ | Organizational Reform (Effective as of January 1, 2025) | |
| --- | --- |
Global Business Group will be renamed Asia and Australia Business Group.
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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)
CautionConcerning 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.