ORIX Corporation (IX) is listed on NYSE and operates in the Financial - Credit Services industry (Financial Services sector).
ORIX Corporation provides diversified financial services in Japan, the Americas, Asia, Europe, Australasia, the Middle East, and internationally. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services. Its Real Estate segment develops, rents, and manages real estate properties; operates facilities; manages residential condominiums and office building; and provides construction contracting, real estate brokerage, and real estate investment advisory services. The company's PE Investment and Concession segment engages in the private equity (PE) investment and concession businesses. Its Environment and Energy segment provides renewable energy; ESCO; retails electric power; sells solar panels and battery electricity storage systems; and recycling and waste management services. The company's Insurance segment sells life insurance products through agents, banks, and other financial institutions, as well as face-to-face and online. Its Banking and Credit segment provides banking and consumer finance services. The company's Aircraft and Ships segment engages in the aircraft leasing and management, and ship-related finance and investment businesses. Its ORIX USA segment offers finance, investment, and asset management services. The com...
| Rating | Analysts |
|---|---|
| Strong Buy | 0 |
| Buy | 0 |
| Hold | 0 |
| Sell | 0 |
| Strong Sell | 0 |
ORIX Corporation, headquartered in Tokyo, Japan, offers a wide range of financial services globally, including in Japan, the Americas, Asia, Europe, Australasia, and the Middle East. The Corporate Financial Services and Maintenance Leasing segment focuses on financing, leasing, and renting automobiles, electronic measuring instruments, and ICT-related equipment, along with life insurance and environment-related services. Its Real Estate segment is involved in property development, rental, management, and real estate services such as construction contracting and brokerage. The PE Investment and Concession segment handles private equity investments and concession operations. The Environment and Energy segment offers renewable energy solutions, electric power retail, solar panels, battery storage systems, and waste management services. ORIX's Insurance segment distributes life insurance products through various channels. The Banking and Credit segment provides banking and consumer finance services. The Aircraft and Ships segment deals with aircraft leasing and ship-related finance. ORIX USA and ORIX Europe segments offer finance, investment, and asset management services, while the Asia and Australia segment focuses on finance and investment. Originally incorporated as Orient Leasing Co., Ltd. in 1950, the company was renamed ORIX Corporation in 1989.
Over the past three fiscal years, the company has demonstrated a solid growth trajectory, with revenue increasing consistently at a CAGR of 3.9%, from ¥2.66 trillion in 2023 to ¥2.87 trillion in 2025. This revenue growth has been accompanied by a significant improvement in earnings per share (EPS), which grew at an impressive CAGR of 15.3%, reaching ¥307.16 in 2025. The company's gross margin expanded by 2.7 percentage points, from 39.1% to 41.8%, indicating improved cost management or pricing power. However, the operating margin showed some inconsistency, decreasing by 1.1 percentage points to 11.5%, suggesting potential challenges in controlling operating expenses. Despite this, the net margin improved by 1.3 percentage points to 12.2%, reflecting better overall profitability.
Cash generation has been robust, with operating cash flow (OCF) and free cash flow (FCF) both consistently increasing, achieving CAGRs of 20.1% and 24.4%, respectively. By 2025, FCF reached ¥1.20 trillion, with a strong FCF margin of 41.8%, highlighting efficient cash conversion. The company's cash conversion ratio (CCR) improved to 3.62, indicating that earnings are well-supported by cash flows. Despite the increase in net debt from ¥4.78 trillion to ¥5.34 trillion, the company's liquidity remains strong, with a current ratio of 5.67. Additionally, the company has maintained a low capex intensity, which decreased to 2.4%, underscoring a capital-light business model. Overall, the company has effectively leveraged its revenue growth into enhanced per-share metrics and strong cash generation, although it faces some challenges in maintaining consistent operating margins.
Recent developments for Orix Corporation (IX) have been primarily focused on analyst ratings and stock performance. On March 26, Zacks Investment Research upgraded Orix to a 'Buy' rating, highlighting its potential as a momentum stock. This sentiment was echoed on April 10, when Zacks suggested Orix as a strong momentum stock to consider for purchase. Earlier, on March 10 and February 24, Defense World noted that Orix's stock price had crossed above its 200-day moving average, prompting discussions on whether it was an opportune time to sell. Additionally, on January 20, Dynasty Wealth Management LLC acquired new holdings in Orix, indicating institutional interest. These developments suggest a positive outlook from analysts and institutional investors, reflecting confidence in Orix's market position and potential for value appreciation.