Slide 1: Consolidated Financial Results for Fiscal Year Ended March 31, 2017
ORIX Corporation Consolidated Financial Results For the Consolidated Fiscal Year Ended March 31, 2017 Makoto Inoue President & CEO Kazuo Kojima Deputy President & CFO May 16, 2017 Copyright © 2017 ORIX Corporation(TSE: 8591; All rights NYSE: IX) reserved.
Slide 2: FY2017.3 Overview (1)
FY2017.3 Overview (1) 273.2bn yen in net income (5% growth YoY) New record high and growth in eight consecutive years ROE at 11.3% Net Income* and ROE (JPY Bn) 300.0 11.7% 11.5% 11.3% 10.5% 250.0 200.0 7.4% 6.2% 150.0 5.1% 260.2 273.2 234.9 100.0 187.4 3.0% 1.7% 111.9 50.0 66.0 83.5 20.7 36.5
Slide 3: FY2017.3 Overview (2)
FY2017.3 Overview (2) Profits: 420.8bn (+11%) , Positive profit growth in Real Estate, Investment and Operation and Retail Assets: 8,956.9bn, Increased in Investment and Operation, Overseas Business and Maintenance Leasing Segment Assets ROA rose to 3.0% Segment Profits Segment Assets and ROA
Slide 4: FY2017.3 Overview (3)
FY2017.3 Overview (3) Pretax profits: 33.7bn yen increase YoY (+9%) Concession business started positive contribution; income from environment and energy business, Americas and aircraft-related business also increased Higher gains on sales in Real Estate YoY Segment assets: 15.6bn yen decrea
Slide 5: Performance in Three Categories
See P.26 for details on the Performance in Three Categories three categories “Investment”, which recognized capital gains from PE investment exits and sales of RE assets, was a major driver behind the overall profits growth “Operation” also achieved steady profits growth due to expansion in envi
Slide 6: FY2017.3 Key achievements
FY2017.3 Key achievements New investments of approximately 600bn yen in the “Operation" and “Investment" Solid pipeline for future growth both in Japan and overseas Operation Environment/ • Expansion of environmental energy business in Japan and overseas Japan： Mega solar, Industrial waste dispo
Slide 7: Shareholder Return
Shareholder Return Dividend in FY2017.3 increased to 52.25 yen per share (+14% YoY) Dividend payout ratio at 25% Interim dividend for FY2018.3 is forecasted at 27 yen (FY2017.3 is 23 yen) Constantly considering the optimal balance between investment opportunities for sustainable future profi
Slide 8: Summary
Summary Net income Target of 300bn yen for FY2018.3 With a focus on “Operation” and “Investment”, strengthen stable earning streams Develop new business areas and nurture the next promising business Copyright © 2017 ORIX Corporation All rights reserved. 7
Slide 9: Appendix
Appendix Copyright © 2017 ORIX Corporation All rights reserved. 8
Slide 10: About ORIX: Proven Track Record of Profitability
About ORIX Proven Track Record of Profitability ORIX has achieved 52 years of sustained, profitable growth Net Income Attributable to ORIX Corporation Shareholders JPY Bn 300 250 FY2009.3 FY2002.3 Global financial crisis IT Bubble implodes 200 FY1998.3 Asian currency crisis 150 FY1993.3 Japan's bu
Slide 11: About ORIX: Evolving and Dynamic Portfolio
About ORIX Evolving and Dynamic Portfolio ORIX will continue to enhance our experience in finance and tangible assets as we synergistically expand our businesses Infrastructure Copyright © 2017 ORIX Corporation All rights reserved. 10
Slide 12: About ORIX: Business by Segment
About ORIX Business by Segment Our highly diversified company contains many complementary businesses, providing ample opportunity for synergies and knowledge sharing Corporate Financial Lending, Leasing, Fee businesses 9% Services 27% 10% Automobile leasing and rentals, Car sharing, Test and measu
Slide 13: About ORIX: Global Network
About ORIX Global Network ORIX has spread its business globally by expanding operations in 36 countries and regions worldwide (As of 2017.3.31) Copyright © 2017 ORIX Corporation All rights reserved. 12
Slide 14: Appendix(1) Performance Overview
Appendix(1) Performance Overview （JPY Bn） Change FY15.3 FY16.3 FY17.3 (YoY) Total Revenues 2,174.3 2,369.2 2,678.7 113% Net Income *1 234.9 260.2 273.2 105% Segment Assets 9,170.2 8,972.4 8,956.9 100% Total Assets 11,439.9 10,992.9 11,231.9 102% Shareholders' Equity 2,152.2 2,310.4 2,507.7 109% Shar
Slide 15: Appendix(2) Profits by Segment
Appendix(2) Profits by Segment （JPY Bn） Change FY15.3 FY16.3 FY17.3 (YoY) Corporate Financial Services 25.5 42.4 38.0 90% Maintenance Leasing 40.4 42.9 39.8 93% Real Estate 3.5 42.9 72.8 170% Investment and Operation 42.4 57.2 85.0 149% Retail 120.6 51.8 72.9 141% Overseas Business 104.1 142.9 112.3
Slide 16: Appendix(3) Assets by Segment
Appendix(3) Assets by Segment （JPY Bn） Change 15.3 16.3 17.3 (YTD) Corporate Financial Services 1,132.5 1,049.9 1,032.2 98% Maintenance Leasing 662.9 731.3 752.5 103% Real Estate 835.4 739.6 657.7 89% Investment and Operation 660.0 704.2 768.7 109% Retail 3,700.6 3,462.8 3,291.6 95% Overseas Busines
Slide 17: Appendix(4) Income Statement Data
Appendix(4) Income Statement Data （JPY Bn） Change FY15.3 FY16.3 FY17.3 (YoY) Finance revenues 186.9 200.9 200.6 100% Gains on investment securities and dividends 56.4 35.8 30.3 85% Operating leases 124.9 128.8 155.1 120% Life insurance premiums and related investment income 79.5 68.1 95.8 141% Sales
Slide 18: Appendix(5) Funding
Appendix(5) Funding （JPY Bn） Change Funding 15.3 16.3 17.3 (YoY) CP 89.6 102.4 50.1 -52.3 Borrowings from Financial Institutions 2,881.6 2,970.6 2,958.2 -12.4 Bonds / MTN 1,151.5 938.1 885.1 -53.0 Deposits 1,287.4 1,398.5 1,614.6 216.1 ABS, CMBS 291.3 275.5 245.1 -30.4 Short-term Debt, Long-term Deb
Slide 19: Appendix(6) Corporate Financial Services
Appendix(6) Corporate Financial Services （JPY Bn） FY15.3 FY16.3 FY17.3 Change (YoY) Finance revenues 35.6 34.2 30.2 88% Operating leases 24.5 25.5 25.6 101% Services income 22.0 35.7 40.6 114% Sales of goods and real estate and others 3.4 11.7 6.6 56% Segment Revenues 85.5 107.2 103.0 96% Segment Ex
Slide 20: Appendix(7) Maintenance Leasing
Appendix(7) Maintenance Leasing （JPY Bn） FY15.3 FY16.3 FY17.3 Change (YoY) Finance revenues 11.1 12.1 13.0 108% Operating leases 185.7 188.8 187.2 99% Services income 62.5 66.8 66.3 99% Segment Revenues 263.5 271.7 270.6 100% Segment Expenses 223.0 228.7 230.8 101% Segment Profits 40.4 42.9 39.8 93%
Slide 21: Appendix(8) Real Estate (1)
Appendix(8) Real Estate (1) FY15.3 FY16.3 FY17.3 Change (YoY) （JPY Bn） Finance revenues 4.1 6.7 2.3 35% Operating leases 63.8 60.3 88.2 146% Gains on Rental Property Sales 14.9 16.1 49.7 309% Services income 104.1 110.6 112.6 102% Sales of goods and real estate and others 10.4 13.9 9.0 64% Segment R
Slide 22: Appendix(9) Real Estate (2)
Appendix(9) Real Estate (2) ■Breakdown of Real Estate Segment Assets （JPY Bn） Change 15.3 16.3 17.3 (YTD) Rental Property 566.9 493.4 378.8 77% Under Lease 471.5 406.1 322.1 79% Under Development 95.4 87.3 56.7 65% Condo Assets 16.5 5.9 5.9 100% NRL / Specified Bonds 27.9 6.6 － － Operating Facilitie
Slide 23: Appendix(10) Investment and Operation
Appendix(10) Investment and Operation （JPY Bn） FY15.3 FY16.3 FY17.3 Change (YoY) Finance revenues 15.7 12.6 10.7 85% Gains on investment securities and dividends 9.3 10.3 13.0 126% Sales of goods and real estate 371.4 718.9 938.4 131% Services income 260.4 277.2 299.7 108% Segment Revenues 666.1 1,0
Slide 24: Appendix(11) Retail
Appendix(11) Retail （JPY Bn） FY15.3 FY16.3 FY17.3 Change (YoY) Finance revenues 52.5 55.3 59.2 107% Life insurance premiums and related investment income 352.5 190.8 297.9 156% Services income and others 20.9 8.2 11.6 142% Segment Revenues 426.0 254.3 368.7 145% Segment Expenses 342.1 203.3 295.8 14
Slide 25: Appendix(12) Overseas Business (1)
Appendix(12) Overseas Business (1) （JPY Bn） FY15.3 FY16.3 FY17.3 Change (YoY) Finance revenues 63.3 75.0 81.3 108% Gain on investment securities and dividends 30.5 16.1 13.3 83% Operating leases 82.1 92.0 88.5 96% Services income 321.5 250.1 216.7 87% Segment Revenues 561.9 526.0 458.9 87% Segment E
Slide 26: Appendix(13) Overseas Business (2)
Appendix(13) Overseas Business (2) ■Overseas Business segment assets breakdown （JPY Bn） Change By Region 15.3 16.3 17.3 (YTD) The Americas 776.2 787.2 879.3 112% Asia and Australia (Other than Greater China) 591.5 592.3 593.6 100% Greater China 249.2 260.3 315.6 121% Middle East and Europe 43.1 49.3
Slide 27: Appendix(14) Business Portfolio in Three Categories
Appendix(14) Business Portfolio in Three Categories Finance Operation Investment Main Risk Credit risk Operation/Business risk Market risk Categories Capital Requirement Low Medium-High High Environment/ Financial Maintenance Fixed Tangible Japan Overseas Others Equity Infrastructure Services Servic
Slide 28: Appendix (15) Usage of Shareholders' Equity
Appendix (15) Usage of Shareholders’ Equity Employed capital ratio* is controlled within the range meeting single A rating requirement Secure c.20% as a capital buffer for financial soundness and flexibility *ORIX calculation (Risk Capital/Shareholders’ Equity) Employed Capital Ratio Breakdown o
Slide 29: Disclaimer
Disclaimer These materials have been prepared by ORIX Corporation (“ORIX” or the “Company”) solely for your information and are subject to change without notice. The information contained in these materials has not been independently verified and its accuracy is not guaranteed. No representations,
Slide 30: ORIX Corporation
For the current IR materials and archives of past financial data please access our website ORIX Website http://www.orix.co.jp/grp/en/ IR Section http://www.orix.co.jp/grp/en/ir/ ORIX Corporation Corporate Planning Department World Trade Center Building., 2-4-1, Hamamatsu-cho, Minato-ku, Tokyo 105-61