Orix Corporation (IX): Business Model Canvas [Jan-2025 Mise à jour]

Orix Corporation est une puissance financière mondiale dynamique, transformant les modèles commerciaux traditionnels à travers des stratégies innovantes et des services financiers diversifiés. En intégrant parfaitement des approches d'investissement sophistiquées, des technologies de pointe et des partenariats stratégiques, Orix a conçu un écosystème commercial remarquable qui couvre plusieurs secteurs et géographies. Leur toile de modèle commercial révèle un cadre complexe mais agile qui leur permet de fournir des solutions financières flexibles aux entreprises d'entreprises, aux investisseurs individuels et aux institutions internationales, en les positionnant comme un leader polyvalent dans le paysage financier en constante évolution.

Orix Corporation (IX) - Modèle d'entreprise: partenariats clés

Alliances stratégiques avec des institutions financières dans le monde entier

Orix Corporation maintient des partenariats stratégiques avec 127 institutions financières dans 24 pays à partir de 2023. Les principaux partenaires financiers mondiaux comprennent:

Institution partenaire	Pays	Focus de partenariat
Groupe financier Mizuho	Japon	Banque commerciale
Banque d'Amérique	États-Unis	Investissement international
HSBC Holdings	Royaume-Uni	Financement transfrontalier

Partenariats avec des entreprises automobiles, énergétiques et infrastructures

Orix collabore avec 43 grandes sociétés industrielles dans des secteurs automobile et infrastructure.

• Services financiers Toyota - Partenariat de location de véhicules
• Mitsubishi Corporation - Développement des infrastructures
• Projets généraux électriques - Infrastructure énergétique

Ventures collaboratives dans des projets d'énergie renouvelable

Orix a investi 2,3 milliards de dollars dans des partenariats d'énergie renouvelable dans 15 pays, en mettant l'accent sur les développements solaires et éoliens.

Partenaire d'énergie renouvelable	Montant d'investissement	Type de projet
Premier solaire	480 millions de dollars	Fabrication de panneaux solaires
Vestas Wind Systems	350 millions de dollars	Développement d'éoliennes

Initiatives d'investissement conjointes avec les banques internationales

Orix a établi des fonds d'investissement conjoints totalisant 5,7 milliards de dollars avec des partenaires bancaires internationaux.

• Goldman Sachs - Fonds de capital-investissement de 1,2 milliard de dollars
• Morgan Stanley - Fonds d'investissement d'infrastructure de 1,5 milliard de dollars
• Citigroup - Fonds des marchés émergents de 1,0 milliard de dollars

Partenariats technologiques pour les services financiers numériques

Orix a engagé 620 millions de dollars dans des partenariats technologiques axés sur la transformation numérique et les innovations technologiques financières.

Partenaire technologique	Investissement	Focus de partenariat
Ibm	180 millions de dollars	Cloud computing
Salesforce	220 millions de dollars	Gestion de la relation client

Orix Corporation (IX) - Modèle d'entreprise: activités clés

Gestion et investissement des actifs financiers

En 2023, Orix Corporation a géré environ 139,5 milliards de dollars d'actifs dans divers portefeuilles d'investissement. Les segments d'investissement de la société ont généré 255,8 milliards de yens de revenus.

Catégorie d'investissement	Actif total (USD)	Revenus annuels (JPY)
Investissements de capital-investissement	42,3 milliards de dollars	87,6 milliards de ¥
Investissements immobiliers	35,7 milliards de dollars	73,2 milliards de ¥
Investissements d'infrastructure	22,5 milliards de dollars	48,9 milliards de ¥

Services de location et de location

Orix opère dans plusieurs secteurs avec des revenus de location de 402,6 milliards de yens au cours de l'exercice 2023.

• Location de l'équipement automobile: 128,5 milliards de ¥
• Lo dans les machines industrielles: 95,3 milliards de ¥
• Technologie et location d'équipement informatique: 84,7 milliards de ¥
• Location de l'équipement de soins de santé: 54,2 milliards de ¥

Services de prêt et de crédit

En 2023, Orix a fourni des services de prêt totalisant 3,2 billions de yens entre divers segments.

Segment de prêt	Portefeuille total de prêts (JPY)
Prêts d'entreprise	1,8 billion de yens
Prêts aux petites entreprises	680 milliards de ¥
Prêts à la consommation	422 milliards de ¥

Banques d'investissement et services de conseil

Orix a généré 187,4 milliards de yens des services de banque d'investissement et de conseil en 2023.

• Conseil de fusion et d'acquisition: 72,6 milliards de ¥
• Services de restructuration des entreprises: 45,3 milliards de ¥
• Conseil du marché des capitaux: 39,5 milliards de ¥
• Conseil stratégique: 30 milliards de yens

Gestion des risques et conseil financier

Les services de gestion des risques ont généré 98,7 milliards de dollars de revenus pour Orix en 2023.

Service de gestion des risques	Revenus (JPY)
Évaluation des risques de crédit	42,3 milliards de ¥
Modélisation des risques financiers	31,5 milliards de ¥
Services de conformité et de réglementation	24,9 milliards de ¥

Orix Corporation (IX) - Modèle d'entreprise: Ressources clés

Expertise financière diversifiée et talent professionnel

En 2024, Orix Corporation emploie 33 277 professionnels dans le monde. La société maintient une main-d'œuvre dans plusieurs pays ayant une expertise spécialisée dans les services financiers.

Déchange des employés	Nombre
Total des employés mondiaux	33,277
Employés du Japon	22,145
Employés internationaux	11,132

Vaste réseau mondial de relations commerciales

Orix opère dans 31 pays avec des partenariats commerciaux stratégiques sur plusieurs continents.

• Présence en Amérique du Nord
• Opérations importantes en Asie
• Réseaux établis en Europe
• Présence croissante en Amérique latine

Solide base de capital et réserves financières

Mesures financières pour Orix Corporation à partir de 2024:

Métrique financière	Montant (USD)
Actif total	137,8 milliards de dollars
Capitaux propres des actionnaires	25,6 milliards de dollars
Revenus totaux	19,3 milliards de dollars

Infrastructure technologique avancée

Orix investit considérablement dans les capacités technologiques, avec un investissement technologique annuel de 287 millions de dollars.

• Infrastructure de cloud computing
• Systèmes d'analyse de données avancées
• Technologies de cybersécurité
• Plates-formes de transformation numériques

Portfolio complet de produits et services financiers

Orix propose des services financiers diversifiés sur plusieurs segments:

Catégorie de service	Contribution des revenus
Services financiers d'entreprise	38%
Services financiers au détail	22%
Gestion des actifs	18%
Immobilier	12%
Autres services financiers	10%

Orix Corporation (IX) - Modèle d'entreprise: propositions de valeur

Solutions financières flexibles et innovantes

Orix Corporation fournit des solutions financières avec une base d'actifs totale de 10,1 billions de yens japonais en mars 2023. La société propose divers produits financiers sur plusieurs segments, notamment:

Catégorie de solution financière	Revenus annuels (2023)
Services de location	482,3 milliards de ¥
Services financiers d'entreprise	215,7 milliards de ¥
Immobilier	178,5 milliards de ¥

Opportunités d'investissement ajustées au risque

Orix gère des portefeuilles d'investissement avec des approches stratégiques de gestion des risques:

• Diversification du portefeuille d'investissement dans 22 pays
• Actif d'investissement total: 5,6 billions de ¥
• Retour annuel moyen: 6,2% au cours des 5 dernières années

Services financiers personnalisés pour divers besoins des clients

Orix sert plusieurs segments de clients avec des solutions financières spécialisées:

Segment client	Services sur mesure
Clients des entreprises	Solutions de financement structurées
Petites entreprises	Programmes de prêt spécialisés
Investisseurs individuels	Produits d'investissement personnalisés

Capacités mondiales d'investissement et de financement

Orix opère sur plusieurs marchés internationaux avec une présence mondiale importante:

• Opérations dans 22 pays
• Revenus internationaux: 743,6 milliards de ¥ en 2023
• Employés mondiaux-travail: 33 748 professionnels

Stratégies d'investissement durables et socialement responsables

Orix démontre un engagement envers les investissements durables à travers:

Métrique de la durabilité	Performance de 2023
Portefeuille d'investissement vert	287,4 milliards de ¥
Investissements en énergie renouvelable	156,2 milliards de ¥
Engagement de réduction du carbone	Target de réduction de 30% d'ici 2030

Orix Corporation (IX) - Modèle d'entreprise: relations avec les clients

Gestion personnalisée de la relation client

Orix Corporation maintient 26 224 employés dans le monde en 2023, dédiés à la gestion des clients personnalisés sur plusieurs segments d'entreprise.

Segment de clientèle	Approche de gestion des relations	Points de contact des clients annuels
Clients des entreprises	Gestionnaires de compte dédiés	8-12 interactions stratégiques
Investisseurs individuels	Conseil financier personnalisé	4-6 séances de consultation
Clients de location automobile	Support numérique et personnel	3-5 interactions de service

Plateformes numériques pour l'interaction client transparente

Métriques d'engagement numérique pour Orix à partir de 2023:

• Utilisateurs de plate-forme en ligne: 187 456
• Téléchargements des applications mobiles: 64 332
• Temps de transaction numérique moyen: 3,2 minutes

Approche de partenariat stratégique à long terme

Orix maintient Taux de rétention de 87% Dans ses opérations mondiales, avec une durée moyenne de la relation client de 7,6 ans.

Services de gestion des comptes dédiés

Catégorie de service	Couverture des clients annuels	Temps de réponse
Banque commerciale	1 246 clients d'entreprise	Moins de 4 heures
Location automobile	53 782 clients de location active	Moins de 2 heures
Financement immobilier	672 clients d'investissement immobilier	Moins de 6 heures

Conseil financier continu et soutien

Orix offre un avis financier complet dans 34 pays, avec des équipes de soutien spécialisées gantant chaque mois 12 456 interactions client.

• Durée de session consultative moyenne: 45 minutes
• Couverture de support multilingue: 7 langues
• Évaluation de satisfaction du client: 4.6 / 5

Orix Corporation (IX) - Modèle d'entreprise: canaux

Plateformes bancaires numériques en ligne

Orix exploite des plateformes bancaires numériques avec 3,2 millions d'utilisateurs en ligne actifs en 2023. Le volume des transactions numériques a atteint 487 milliards de yens dans les transactions bancaires numériques annuelles.

Métriques de plate-forme numérique	2023 données
Utilisateurs en ligne actifs	3,200,000
Volume annuel de transaction numérique	487 milliards de ¥
Pénétration des services bancaires mobiles	62.4%

Équipes de vente directes

Orix maintient 1 247 représentants des ventes directes à travers le Japon et les marchés internationaux. La productivité moyenne de l'équipe de vente atteint 214 millions de yens par représentant par an.

• Représentants totaux directs directs: 1 247
• Couverture géographique: Japon, États-Unis, Asie
• Productivité de l'équipe de vente annuelle: 214 millions de yens par représentant

Centres financiers d'entreprise

Orix exploite 87 centres financiers d'entreprise avec des actifs combinés sous gestion de 5,3 billions de yens en 2023.

Applications bancaires mobiles

Les téléchargements d'applications bancaires mobiles ont atteint 2,1 millions avec un taux d'engagement des utilisateurs de 68,3% en 2023.

Métriques des banques mobiles	2023 données
Total des téléchargements d'applications	2,100,000
Taux d'engagement des utilisateurs	68.3%
Utilisateurs actifs mensuels	1,432,000

Partenariats stratégiques

Orix entretient 214 partenariats intermédiaires financiers générant 326 milliards de yens de sources de revenus collaboratives.

• Accords de partenariat total: 214
• Revenus collaboratifs: 326 milliards de ¥
• Types de partenariat: banque, assurance, sociétés d'investissement

Orix Corporation (IX) - Modèle d'entreprise: segments de clientèle

Grandes entreprises d'entreprise

Orix Corporation dessert de grandes entreprises avec des segments de revenus annuels:

Segment des revenus	Valeur annuelle
Services de financement d'entreprise	¥ 387,2 milliards
Solutions de location	256,8 milliards de ¥

Petites et moyennes entreprises

Orix soutient les PME avec des services financiers spécialisés:

• Valeur du portefeuille PME total: 1,2 billion ¥
• Nombre de clients PME: 42 387
• Taille moyenne du prêt: 28,3 millions de ¥

Investisseurs individuels

Services d'investissement individuels:

Catégorie d'investissement	Total des actifs sous gestion
Produits d'investissement au détail	673 milliards de ¥
Comptes de retraite individuels	215,6 milliards de ¥

Investisseurs institutionnels

Segments d'investissement institutionnels:

• Gestion des fonds de retraite: 1,8 billion de ¥
• Portefeuilles d'investissement d'entreprise: 2,4 billions de ¥
• Nombre de clients institutionnels: 1 246

Sociétés internationales

Répartition mondiale des services financiers:

Région géographique	Valeur de transaction annuelle
Asie-Pacifique	456,7 milliards de ¥
Amérique du Nord	389,2 milliards de ¥
Europe	276,5 milliards de ¥

Orix Corporation (IX) - Modèle d'entreprise: Structure des coûts

Frais d'acquisition du personnel et des talents

Depuis l'exercice 2023, Orix Corporation a déclaré des dépenses totales de personnel de 247,4 milliards de yens (environ 1,7 milliard USD). Les effectifs des employés de l'entreprise étaient de 33 229 à travers les opérations mondiales.

Catégorie de dépenses	Montant (¥ milliards)
Salaires et salaires	187.6
Frais de recrutement	12.3
Formation et développement	8.5
Avantages sociaux	39.0

Investissements infrastructures technologiques

Orix a alloué 36,8 milliards de yens pour les investissements technologiques et d'infrastructures numériques en 2023.

• Infrastructure de cloud computing: 14,2 milliards de ¥
• Systèmes de cybersécurité: 8,5 milliards de ¥
• Initiatives de transformation numérique: 14,1 milliards de ¥

Frais généraux opérationnels et administratifs

Les frais généraux administratifs pour Orix Corporation au cours de l'exercice 2023 étaient de 98,6 milliards de yens.

Catégorie aérienne	Montant (¥ milliards)
Location et installations de bureau	42.3
Services publics et maintenance	22.7
Systèmes de soutien administratif	33.6

Coûts de gestion des risques et de conformité

Orix a investi 22,5 milliards de yens dans les activités de gestion des risques et de conformité en 2023.

• Conformité réglementaire: 9,7 milliards de ¥
• Systèmes d'audit interne: 6,3 milliards de ¥
• Services juridiques et de conseil: 6,5 milliards de ¥

Dépenses de marketing et de développement commercial

Les dépenses de marketing et de développement commercial ont totalisé 41,2 milliards de yens au cours de l'exercice 2023.

Catégorie de dépenses de marketing	Montant (¥ milliards)
Marketing numérique	16.8
Marque de marque	12.4
Développement commercial	12.0

Orix Corporation (IX) - Modèle d'entreprise: Strots de revenus

Revenu des intérêts des portefeuilles de prêts

Pour l'exercice 2023, Orix Corporation a déclaré des revenus d'intérêts de 317,2 milliards de yens japonais de ses portefeuilles de prêts.

Catégorie de portefeuille de prêts	Revenu des intérêts (milliards JPY)
Prêts d'entreprise	186.5
Prêts au détail	95.3
Segments de prêt internationaux	35.4

Frais de gestion des actifs

Orix a généré 52,6 milliards de yens japonais en frais de gestion d'actifs au cours de l'exercice 2023.

• Gestion des fonds de retraite: 18,7 milliards de JPY
• Gestion de la fiducie de placement: 22,4 milliards de JPY
• Gestion des fonds de capital-investissement: 11,5 milliards de JPY

Revenus de location et de location

Les revenus totaux de location et de location ont atteint 423,8 milliards de yens japonais en 2023.

Segment de location	Revenus (milliards JPY)
Location d'équipement	247.6
Location immobilière	129.5
Location automobile	46.7

Frais de transaction de banque d'investissement

Les frais de transaction de banque d'investissement s'élevaient à 78,4 milliards de yens japonais au cours de l'exercice 2023.

• Conseil de fusion et d'acquisition: 42,6 milliards de JPY
• Services de souscription: 21,3 milliards JPY
• Transactions financières structurées: 14,5 milliards de JPY

Commissions de services de conseil financier

Les commissions des services de conseil financier ont totalisé 36,9 milliards de yens japonais en 2023.

Type de service consultatif	Revenu de la commission (milliards JPY)
Avis financier des entreprises	22.7
Avis de gestion des risques	8.5
Conseil stratégique	5.7

ORIX Corporation (IX) - Canvas Business Model: Value Propositions

You're looking at the core value ORIX Corporation (IX) delivers to its customers and investors, which is fundamentally built on its massive scale and deep diversification. This isn't just a financial firm; it's a conglomerate that uses its capital across multiple, often counter-cyclical, industries. For the fiscal year ended March 31, 2025 (FY2025), ORIX Corporation posted total annual revenue of ¥2,874,821 million (about $19.2 billion USD). Net income attributable to shareholders for that same year was ¥351,630 million, resulting in a Return on Equity (ROE) of 8.8%.

Diversified financial solutions across 10 distinct business segments

The value proposition starts with breadth. ORIX Corporation operates across 10 independent business segments, allowing it to offer a comprehensive, interconnected set of financial and operational solutions globally. This structure, which has evolved from its leasing roots, means that a client in one area might benefit from expertise in another, like real estate or energy investment. The total segment assets as of March 31, 2025, stood at ¥16.9 trillion.

Here is a breakdown of the segment profit contribution for FY2025, showing where the value creation was most pronounced:

Segment	Segment Profit (¥ Billion)	Segment Assets (¥ Trillion, as of Mar 2025)
Corporate Financial Services and Maintenance Leasing	17% of Total	¥11.4 trillion (Combined with other segments)
Real Estate	13% of Total	¥4.6 trillion (Operation category)
PE Investment and Concession	18% of Total	¥2.9 trillion (Investments category)
Environment and Energy	-1% of Total	N/A
Insurance	14% of Total	N/A
Banking and Credit	5% of Total	¥8.8 trillion (Finance category)
Aircraft and Ships	12% of Total	N/A
ORIX USA	7% of Total	N/A
ORIX Europe	8% of Total	N/A
Asia and Australia	6% of Total	N/A

The total segment profit for FY2025 was ¥544.7 billion. You can see the concentration in Private Equity (PE) Investment and Concession at 18% of segment profits, even as the Environment and Energy segment showed a negative contribution of -1% for the year.

Capital recycling model that maximizes returns and organizational performance

ORIX Corporation's capital recycling model is central to its performance, focusing on maximizing returns by actively managing its asset portfolio. This involves selling mature assets to fund new, high-growth opportunities. In FY2025, the company recovered ¥645.0 billion from asset sales while making new investments totaling ¥600.0 billion. This activity generated capital gains of ¥140.7 billion. This disciplined approach supports their goal of optimizing equity efficiency; for instance, an approved share repurchase program in May 2025 targeted up to ¥100 billion, with ¥40.9 billion already spent by July 31, 2025. The total payout ratio for FY2025 was 53%, with a full-year dividend per share of ¥120.01.

Long-term asset management and stable returns for institutional investors

For institutional investors, ORIX Corporation offers value through its proven ability to manage assets for the long term, often through its Operation and Investment categories, which are targeted for ROE improvement under the ORIX Group Growth Strategy 2035. The company aims for an interim ROE milestone of 11% by the fiscal year ending March 2028, up from the 8.8% achieved in FY2025. The asset composition as of March 2025 showed ¥4.6 trillion in Operation assets and ¥2.9 trillion in Investment assets. The company maintains a debt-to-equity ratio (excluding deposits) of 1.5x as of March 2025, signaling financial soundness.

Comprehensive business solutions beyond financing for SMEs and corporations

Beyond simple financing, ORIX Corporation provides what it calls 'Customer Solutions,' which are tailored products and services for Small and Medium-sized Enterprises (SMEs) and corporations, where it holds a market-leading position in Japan. This value extends into operational support and fee-based income streams. For example, the company is involved in concession businesses, such as the operation of Kansai International Airport. The company also offers solutions in areas like Business Process as a Service (BPaaS), new mobility services, and space-related activities.

Commitment to ESG and sustainable development (e.g., renewable energy)

A key value proposition is the commitment to sustainable development, integrated into the 'IMPACT' focus area of its growth strategy. ORIX Corporation actively contributes to decarbonization. Through its global renewable energy business expansion in FY2025, the company contributed to a reduction of 4.883 million tons of GHG emissions, a 2.6% year-over-year increase in contribution. As of March 2025, its investment in Greenko alone represented 7.3 Gigawatts (GW) of installed renewable energy capacity. The company has a stated goal to reduce its investment and credit balance in GHG-emitting industries by 50% by the fiscal year ending March 31, 2030, compared to FY2020 levels. Furthermore, ORIX booked an additional impairment of approximately ¥20.0 billion in FY2025 related to its coal-biomass co-fired power plants as it considers conversion or closure to meet these goals.

ORIX Corporation (IX) - Canvas Business Model: Customer Relationships

You're managing a diversified financial services group like ORIX Corporation (IX), and the relationship aspect is where the B2B strength really shows. The core of ORIX Corporation's customer relationship strategy centers on deep, customized engagement for its corporate base, while simultaneously building out digital efficiency for retail segments.

Dedicated Relationship Managers (RM) for B2B clients form the backbone for the core business, which heavily relies on serving corporations and institutional investors across its 10 segments, including Corporate Financial Services and Maintenance Leasing, and PE Investment. The scale of these client-facing operations is substantial, as evidenced by the personnel deployed in key international subsidiaries.

Region/Entity	Metric	Data (as of late 2024/FY2025 context)
ORIX USA	Approximate Employees	~1300
ORIX India (Total Staff)	Approximate Employees	More than 1,000
ORIX India	Assets Under Management/Administration/Servicing	627 million USD

This structure supports long-term, trust-based relationships for customized financial packages. This is critical for the complex needs of large corporations seeking equipment leasing, corporate finance, and investment opportunities, which contribute to the group's total revenues of ¥2,874,821 million for the fiscal year ended March 31, 2025. The focus on value creation through deep industry knowledge helps maintain profitability, reflected in the consolidated net income of ¥351.6 billion for the same period.

For the retail side, ORIX Corporation employs a different approach, focusing on accessibility and speed. The company has self-service digital platforms for efficient retail application and management, designed to streamline processes for individual consumers looking for retail finance options.

Continuous improvement in service delivery is driven by structured listening:

• Customer feedback analysis is circulated internally for continuous service enhancement.
• Feedback is gathered through direct client engagement and market analysis.

To ensure retail customers remain engaged, ORIX Corporation focuses on personalized communication and competitive product offerings for retail retention. This effort underpins the overall financial health, evidenced by a Return on Equity (ROE) of 8.8% for the fiscal year ended March 31, 2025. The Group Growth Strategy 2035, established in April 2025, guides future relationship evolution.

Finance: review the Q3 2025 customer satisfaction scores against the FY2025 ROE of 8.8% by end of next week.

ORIX Corporation (IX) - Canvas Business Model: Channels

You're looking at how ORIX Corporation gets its diverse financial products and services into the hands of customers and stakeholders as of late 2025. It's a multi-pronged approach, blending direct, physical, and digital touchpoints across a massive global footprint.

The core of ORIX Corporation's reach is its extensive physical presence, which supports both corporate and retail segments. For the corporate and institutional side, the direct sales effort relies on a dedicated network. While the exact count of direct sales teams offices in Japan isn't explicitly stated in recent filings, the company maintains a significant domestic base, including its major headquarters in Tokyo (World Trade Center Building, SOUTH TOWER) and Osaka (ORIX Hommachi Bldg.).

Globally, ORIX Corporation's channel strength is clear in its geographic spread. As of September 30, 2025, the Group operates across approximately 30 countries and regions worldwide. This network is comprised of 1,397 consolidated subsidiaries as of September 30, 2025.

For retail segments, the channel strategy diverges. ORIX Life Insurance utilizes a broad, multi-channel approach, including a physical footprint:

• They serve customers through four sales channels in total.
• This includes three types of stores: insurance specialized stores, face-to-face dealing stores near stations/malls, and tax expertise stores.
• These physical locations total 5,813 stores as of the end of March 2025.
• Furthermore, they partner with 103 financial institutions, such as city banks and regional banks, to offer insurance products.

Conversely, ORIX Bank has established a system of low-cost operation, notably described as a banking model without a branch network. This suggests the bank relies heavily on digital or agent-based channels for its retail customer profile.

Digital platforms are an increasingly important channel, though specific usage metrics for e-Application volume aren't always public. ORIX Corporation, as a whole, is focused on streamlining operations and using digital technology to create new businesses. For institutional stakeholders, the Investor Relations (IR) channel is critical for communication. As of March 31, 2025, ORIX Corporation had 1,162,962,244 Shares outstanding, all of which are accessible via listings on the Tokyo Stock Exchange (8591) and the New York Stock Exchange (IX).

Here's a quick look at the scale of the global and retail channel support as of the latest reporting periods:

Channel/Metric Category	Specific Data Point	As of Date/Period	Value/Amount
Global Reach	Countries and Regions of Operation	September 30, 2025	Approx. 30
Corporate Structure	Consolidated Subsidiaries	September 30, 2025	1,397
Retail Channel (Life Insurance)	Total Physical Store Count	End of March 2025	5,813 stores
Retail Channel (Life Insurance)	Financial Institution Partnerships	End of March 2025	103 institutions
IR Channel	Common Stock Shares Outstanding	March 31, 2025	1,162,962,244 shares
Financial Scale (Context)	Total Assets	March 31, 2025	¥16.9 trillion

The ORIX Life Insurance channel strategy explicitly includes agency sales, mail order, online sales, and employee face-to-face sales. The company's overall FY2025 consolidated total revenues reached ¥2,874,821 million, demonstrating the scale these channels support.

Finance: draft 13-week cash view by Friday.

ORIX Corporation (IX) - Canvas Business Model: Customer Segments

You're looking at the customer base for ORIX Corporation as of their latest full fiscal year results, which closed March 31, 2025. This company serves a very wide spectrum, moving far beyond its origins in domestic leasing. Honestly, the sheer diversity means you have to look at their ten operating segments to truly map who they are serving.

The core domestic business, which heavily involves Small and Medium-sized Enterprises (SMEs), falls primarily under Corporate Financial Services and Maintenance Leasing. This segment is a significant earner, contributing 17% of the total segment profits for the fiscal year ended March 31, 2025 (FY2025.3). ORIX Group is actively expanding its M&A intermediation and business succession investments to meet the growing needs among Japanese SMEs. When ORIX supports succession, the data shows a clear preference: about 70% of cases supported were within the family, roughly 20% involved employee succession, and only about 10% resulted in third-party Mergers and Acquisitions (M&A).

For Large corporations seeking diversified financial and leasing services, you see their needs spread across several segments, including the financing and fee businesses within Corporate Financial Services. The overall consolidated entity posted total revenues of ¥2,874,821 million for FY2025.3.

The segment catering to Individual consumers is represented by the Insurance segment, which includes life, medical, and death insurance. ORIX Rentec also supports individual and business customers with equipment rental, including advanced technology like 3D printers.

Global institutional investors and private equity funds are key to the PE Investment and Concession segment, which accounted for 18% of segment profits in FY2025.3. Furthermore, ORIX Europe focuses on Asset management of global equity and fixed income.

Partners in Infrastructure and renewable energy projects are served through the Environment and Energy segment, which deals with renewable energy, power retail, and energy-saving services overseas and in Japan. This segment saw a slight dip, contributing -1% to segment profits for the year.

Here's a look at how the segment profits map to the business activities that serve these customer types as of March 31, 2025. Remember, total segment profits for the year were ¥544,668 million.

Customer Segment Focus Area	Corresponding ORIX Segment(s)	Segment Profit Contribution (FY2025.3)	Segment Profit Amount (Approximate)
Small and Medium-sized Enterprises (SMEs) in Japan	Corporate Financial Services and Maintenance Leasing	17%	¥92.6 billion
Large corporations seeking diversified financial and leasing services	Corporate Financial Services, ORIX USA	17% (CFS) + 12% (ORIX USA)	¥92.6 billion (CFS) + ¥65.4 billion (ORIX USA)
Individual consumers (retail finance, insurance)	Insurance, Banking and Credit (Consumer Finance)	14% (Insurance) + 6% (Implied for B&C)	¥76.2 billion (Insurance) + ¥32.7 billion (Implied for B&C)
Global institutional investors and private equity funds	PE Investment and Concession, ORIX Europe	18% (PE Inv.) + 7% (ORIX Europe)	¥98.0 billion (PE Inv.) + ¥38.1 billion (ORIX Europe)
Infrastructure and renewable energy project partners	Environment and Energy, PE Investment and Concession (Concession)	-1% (E&E) + 18% (PE Inv. - Concession part)	-¥0.5 billion (E&E)

The total segment assets for ORIX Corporation stood at ¥1,158,293 million as of March 31, 2025. The segment profit breakdown shows that Private Equity and Concession, at 18%, was the largest profit contributor for the year.

• Corporate Financial Services and Maintenance Leasing profit: ¥92,598 million (17% of total).
• PE Investment and Concession profit: ¥98,011 million (18% of total).
• Insurance segment profit: ¥76,248 million (14% of total).
• ORIX USA segment profit: ¥65,350 million (12% of total).
• Segment assets increased by 4% to ¥1,158,293 million compared to the end of the previous fiscal year.

The net income attributable to ORIX Corporation Shareholders for the full fiscal year ended March 31, 2025, was a forecast of ¥390,000 million. Finance remains a stable category, while Operation and Investments showed strong year-on-year profit growth in Q1 FY2025.3, up 14% and 194% respectively.

ORIX Corporation (IX) - Canvas Business Model: Cost Structure

You're looking at the cost base for ORIX Corporation as of late 2025, which is heavily influenced by its lending and leasing activities, plus its global operational footprint. Honestly, for a diversified financial services group, the cost structure reflects a mix of funding costs and operational overhead supporting a workforce of about 34,000 group employees worldwide as of late 2025.

Costs of operating leases and services expense (major operational costs)

These are significant day-to-day costs, especially given the scale of ORIX Corporation's leasing and services income streams. For the fiscal year ended March 31, 2025, total expenses were ¥2,542,995 million, an increase of 4% from the prior year, driven in part by these operational costs. To give you a snapshot from the start of the current fiscal year, for the three months ended June 30, 2025, the costs were substantial:

Expense Category (Millions of Yen)	Three Months Ended June 30, 2025	Fiscal Year Ended March 31, 2025 (Total Expenses)
Costs of operating leases	¥99,784	(Part of total expenses)
Services expense	¥148,670	(Part of total expenses)

The increase in total expenses for the nine months ended December 31, 2024, was primarily due to rises in costs of operating leases and services expense. It's a direct reflection of the volume of business they are running.

Interest expense on debt financing (cost of capital)

As a financial institution, the cost of funding is a major structural cost. ORIX Corporation secures stable funding through borrowings, corporate bonds, and deposits. As of March 2025, the balance of short-term debt, long-term debt and deposits stood at ¥8.7 trillion. For the three months ended June 30, 2025, the reported interest expense was ¥45,362 million. This figure was lower in the prior year periods, as total expenses for the fiscal year ended March 31, 2025, reflected a decrease in interest expense compared to the previous year.

Selling, General, and Administrative (SGA) expenses from administrative departments

These are the overheads for running the global organization, excluding costs directly tied to segment revenue generation. For the three months ended June 30, 2025, SGA expenses were ¥164,052 million. The difference between total segment profits and the consolidated pre-tax profit is mainly attributed to these SGA expenses from administrative departments. These expenses also contributed to the 5% increase in total expenses for the nine months ended December 31, 2024.

Investment in new growth sectors and technology acquisitions

Cost structure isn't just about running the business; it's about funding the future, which ORIX Corporation terms capital recycling. During the fiscal year ended March 31, 2025, ORIX executed new investments totaling ¥600.0 billion and recovered ¥645.0 billion, resulting in capital gains of ¥140.7 billion. Specific 2025 growth-related activities included:

• Acquisitions of DHC and Santoku Senpaku.
• Investment in Toshiba.
• Acquisition of a 70% stake in Hilco in July 2025.

These investments align with the April 2025 announced "ORIX Group Growth Strategy 2035," focusing on PATHWAYS, GROWTH, and IMPACT areas.

Personnel costs for a global workforce of 34,000

Supporting a global workforce of approximately 34,000 group employees requires significant investment in human capital. The ORIX Corporation entity itself, as of March 31, 2025, accounted for 2,927 employees, which is 9% of the consolidated group total. Compensation costs are generally included within SGA expenses, but the direct investment in people is quantifiable:

• Average training cost per employee for ORIX Group companies in FY ended March 31, 2025: 108,193 yen.
• The ORIX Corporation (non-consolidated) engagement score was 76% as of March 31, 2025.

The company is defintely focused on developing talent to execute its new growth strategy. Finance: draft 13-week cash view by Friday.

ORIX Corporation (IX) - Canvas Business Model: Revenue Streams

You're looking at the top-line drivers for ORIX Corporation as of late 2025, based on the latest full-year results.

Total revenues for ORIX Corporation for the consolidated fiscal year ended March 31, 2025, reached ¥2,874,821 million. This represented a 2% increase compared to the previous fiscal year, driven by certain areas but offset by declines in others.

The capital recycling strategy remains a key component, with capital gains from asset sales and net investment gains for FY2025 recorded at ¥140.7 billion. This figure is supported by specific asset sale activities:

Revenue Stream Component	Amount (Millions of Yen)
Total Revenues (FY2025)	¥2,874,821
Capital Gains from Asset Sales and Net Investment Gains (Total)	¥140,700
Gains on Dispositions of Real-Estate Operating Lease Assets	¥31,965
Gains on Non-Real-Estate Operating Lease Assets	¥44,668

The overall revenue mix is generated across several core activities, though specific revenue figures for all categories for the full year 2025 were not explicitly detailed in the same report as the total revenue figure. Still, the direction of the revenue changes is clear:

• Operating leases revenues (e.g., auto, equipment) and services income contributed to the overall revenue increase.
• Finance revenues (interest income from loans and installment loans) saw a decrease compared to the previous fiscal year.
• Life insurance premiums and related investment income also experienced a decrease.

To be fair, the growth in revenue was primarily fueled by increases in operating leases revenues and services income, which helped offset the declines elsewhere in the portfolio.