Slide 1: Consolidated Financial Results for the Fiscal Year Ended March 31, 2026
Hidetake Takahashi Masataka Yamada May 11, 2026 ORIX Corporation Consolidated Financial Results For the Consolidated Fiscal Year Ended March 31, 2026 Member of the Board of Directors, Representative Executive Officer, President and Chief Executive Officer Senior Managing Executive Officer, Chief Fin
Slide 2: Agenda
Agenda FY26.3 Results / FY27.3 Guidance FY26.3 in Review Key Initiatives for FY27.3
Slide 3: FY26.3 Results: Net Income
FY26.3 Results: Net Income v Net income 447.3 Bin JPY, record high for third consecutive year (yoy +95.6 Bin JPY), ROE 10.4% (+1.6pp) ¥ Q4 Net Income 57.6 Bin JPY (voy -22.3 Bin spy); recorded impairment losses of 79.2 Bln JPY (pre-tax, mainly U.S. goodwill) | Full fiscal year ] Quarterly L9/ 15.3%
Slide 4: FY26.3 Results: Pre-Tax Profits (Three Categories)
FY26.3 Results: Pre-Tax Profits (Three Categories) v Posted Pre-tax Profits of 691.4 Bln JPY (YoY +211.0 Bin JPY); all 3 categories saw profit growth + Finance: Profit growth mainly driven by investment income in Insurance; Corporate Financial Services fees also higher + Operation: Inbound-related b
Slide 5: FY26.3 Results: ROE and Shareholders' Equity (Three Categories)
FY26.3 Results: ROE and Shareholders’ Equity (Three Categories) vy FY26.3 ROE of 10.4%, up 1.6 pp vs. end-FY25.3 vy “Investments” and “Operation” categories, with capital recycling, led to improved ROE ROE Operation (FY26.3) 19% -ROE 13.9% (+0.4 pp) - Segment profits 237.1 Bin py** 17% zi - «2 Inves
Slide 6: FY26.3 Results: Profitability and Efficiency (Three Categories)
FY26.3 Results: Profitability and Efficiency (Three Categories) v Finance: Maintains stable earnings capacity over the mid- to long-term vy Operation: ROA improved +1.0pp over 5 yrs (Fy21.3: 2.5% — FY26.3: 3.5%); profitability improvement outpaced asset expansion v Investments: FY26.3 ROE +6.2 pp Yo
Slide 7: FY27.3 Guidance: Net Income
FY27.3 Guidance: Net Income v_ FY27.3: Target Net Income of 530.0 Blin JPY (+82.7 Bin JPY vs FY26.3) v¥ Will continue to optimize portfolio and aim to improve ROE FY25.3 Results FY26.3 Results FY27.3 Guidance Net Income: Net Income: Net Income: 351.6 Bin JPY 447.3 Bin JPY 530.0 BIn JPY Results/ Fore
Slide 8: FY27.3 Guidance: Pre-Tax Profits (Three Categories)
FY27.3 Guidance: Pre-Tax Profits (Three Categories) v FY27.3 Pre-tax Profits set to reach 760.0 Bin JPY (+68.6 Bin JPY vs FY26.3) v “Finance” Pre-tax Profits to rise sharply on sale of ORIX Bank, expect steady growth in “Operation” as well | Segment Profits / Pre-tax Profits / Net Income (uni: 8in s
Slide 9: Shareholder Returns
Shareholder Returns v_ Full-FY26.3 DPS reached new record high at 156.10 JPY. Fully executed 150.0 BIn JPY buyback program, cancelled all shares exceeding 2% of outstanding shares v¥_ For FY27.3, will maintain dividend payout ratio of 39%, estimate DPS of 187.36 JPY. Set share buyback program to 250
Slide 10: FY26.3 in Review
FY26.3 in Review ¥ Carried out portfolio optimization based on growth potential, asset efficiency, credit rating ¥ Continued efforts to strengthen risk management, create new businesses Portfolio Optimization Sophisticated Risk Management New Business Creation Key priority * ROE-centered portfolio o
Slide 11: Key Initiatives for FY27.3
Key Initiatives for FY27.3 v Will continue promoting three key initiatives for achieving long-term vision v From FY27.3, have added business model transformation as new priority alongside transition to new management structure Key Initiatives for Realizing Long-term Vision (Ongoing) Portfolio Optimi
Slide 12: New Management Structure
New Management Structure v Introduced organizational reform to optimize management resource allocation and create new businesses through inter-Unit cooperation vy CxO system will enable both (1) faster, accountable decision-making through expanded delegation of authority to business units and (2) st
Slide 13: Business Model Transformation
Business Model Transformation v_ Evolve “Alternative Investment & Operations” business model by enhancing asset management capabilities, accelerate investment in alternative assets on premise of shifting asset to “asset-manager” model v Deepen “Business Solutions” business model by providing service
Slide 14: Finance and Risk Management Strategies
Finance and Risk Management Strategies vy _ Finance: Implement optimal capital allocation and improve capital efficiency under financial discipline premised on an A credit rating v¥ Risk Management: Enhance group-wide risk management based on unified, quantitative and visualized portfolio risks | Sh
Slide 15: In Summary
In Summary v¥__ Aim to achieve long-term vision through “business model transformation,” “portfolio optimization,” “new business creation,” and “sophisticated risk management” v¥_ Made steady progress in FY26.3 (Year 1 of 3 yr-plan); in FY27.3 (Year 2), forecast 530 Bin JPY in net income, ROE of 11.
Slide 16: Segment Information
Segment Information
Slide 17: Corporate Financial Services and Maintenance Leasing
Click HERE to access Supplementary Financial Materials Click below to read more on Segment Details & Growth Strategy (View Integrated Report)) Corporate Financial Services and Maintenance Leasing ee > Auto, > Rentec Earnings Trends (Segment profits FY25.3: 90.3 Bin JPY, FY26.3: 100.7 Bin JPY) v Corp
Slide 18: Corporate Financial Services and Maintenance Leasing - About the Business
Corporate Financial Services and Maintenance Leasing - About the Business ¥ Corporate Financial Services is ORIX’s core group relationship management (RM) platform, backed by strong regional presence and solid customer base ¥ Segment includes Auto, world leader in vehicles under management; Rentec,
Slide 19: Real Estate
Click below to read more on Segment Details & Growth Strategy (View Integrated Report)) > RE Investment and > 7; > Daikyo Facility Operations w Real Estate B Earnings Trends (Segment profits FY25.3: 70.5 Bin JPY; FY26.3: 78.5 Bin JPY) v RE Investment and Facilities Operations: Profits up thanks to b
Slide 20: Real Estate — About the Business
cl “ t 2 Real Estate — About the Business ¥ Carries out real estate development, rental and management; facility operations; real estate asset management ¥ Maintain a certain level of balance sheet investments while driving higher profitability through differentiated operations and AUM growth | Segm
Slide 21: PE Investment and Concession
Click HERE to access Supplementary Financial Materials PE Investment and Concession Click below to read more on Segment Details = & Growth Strategy (View Integrated Report)) = » PE Investment > Concession & Earnings Trends (Segment profits FY25.3: 98.9 Bin JPY, FY26.3: 125.6 Bln JPY) v PE Investment
Slide 22: PE Investment and Concession — About the Business
PE Investment and Concession — About the Business ¥ Currently invested in 18 companies (as of end-Mar 2026). Investment gains from exits have steadily grown, along with the size of investments. Investment Track Record Investee Companies Leveraging our broad network and Management experience, we have
Slide 23: Environment and Energy
Click HERE to access Supplementary Financial Materials Click below to read more on Segment Details . & Growth Strategy (View Integrated Report)) Environment and Energy ee ONES! > Environment and Energy x Earnings Trends (Segment profits FY25.3:-4.9BIn JPY, FY26.3: 115.8 Bin JPY) v Domestic energy: P
Slide 24: Environment and Energy — About the Business
Environment and Energy — About the Business *Overview of Energy and Environment Business and Services can be found here. vY Total net owned operating capacity of 3.6 GW" worldwide v Since FY21.3, have expanded capacity in solar, onshore wind, and hydropower generation — primarily overseas *1 Does no
Slide 25: Insurance
Click below to read more on Segment Details & Growth Strategy (View Integrated Report)) » Insurance y Click HERE to access Supplementary Financial Mé Insurance s Earnings Trends (Segment profits FY25.3:74.4Bin JPY; FY26.3:102.9 Bln JPY) v Investment income higher on growth in investment assets, port
Slide 26: Insurance — About the Business
Insurance — About the Business v__ Business model shifted from one dominated by sales of third-sector products (such as medical insurance) to a more well- balanced portfolio with introduction of first-sector products, which have higher contract values. Achieved growth in annualized premiums of new c
Slide 27: Banking and Credit
Click HERE to access Supplementary Financial Materials Click below to read more on Segment Details & Growth Strategy (View Integrated Report) > Banking, Banking and Credit Earnings Trends (Segment profits FY25.3: 29.3 BIn JPY; FY26.3: 27.2 Bin JPY) v Finance revenues mostly flat, as growth in lendin
Slide 28: Banking — About the Business
Banking — About the Business In addition to its mainstay real-estate investment loan business, ORIX Bank is expanding lending into strategic areas such v as renewable energy, logistics centers, and other projects Aims to achieve sustainable growth and improve ROA while controlling quality, size of a
Slide 29: Aircraft and Ships
Aircraft and Ships Click below to read more on Segment Details & Growth Strategy (View Integrated Report)) > Aircraft and Ships yz Earnings Trends (Segment profits FY25.3: 67.4BIn JPY, FY26.3: 66.6 Bin JPY) v Aircraft: Both ORIX Aviation, Avolon enjoyed healthy earnings on increase in number of airc
Slide 30: Aircraft and Ships — About the Business
Aircraft and Ships — About the Business Aircraft (ORIX) (Business since 1978) Historical Fleet Growth Managed Test ve 139 9 151 ; 172 192 aa PR 140 154 Owned fleet 1537193 203 243 223 233 243 25.3 263 (Avg age: 5.9 years; Avg remaining lease term: 6.0 years) Fleet Owned Narrowbody 83% type 53 Widebo
Slide 31: ORIX USA
Click HERE to access Supplementary Financial Materials Click below to read more on Segment Details z & Growth Strategy (View Integrated Report)) ORIX USA > ORIX USA Earnings Trends (Segment profits FY25.3:39.9BIn JPY, FY26.3:1.0BIn JPY) v Posted fair value gains on PE investees, but profits lower vs
Slide 32: ORIX USA - About the Business
ORIX USA - About the Business v Abroad, integrated private markets platform in the USA with a middle market focus, specializing in private credit, real estate, private equity and asset appraisal solutions (AUM 26.8 Bln USD, AUA 54.7 Bin USD) (as of end-FY26.3) v Pursues a hybrid strategy where earni
Slide 33: ORIX Europe
Click below to read more on Segment Details e & Growth Strategy (View Integrated Report)) ORIX Europe > ORIX Europey Earnings Trends (Segment profits FY25.3: 44.4 Bin JPY; FY26.3: 63.1 Bin JPY) vy AUM/AUA hits new record of 510.6 BIn EUR, management fees also growing v Oct 2025: Canara Robeco IPO v
Slide 34: ORIX Europe — About the Business
ORIX Europe — About the Business v Promoting asset management business including traditional equities, fixed income, commodities, renewable energy and other fund management v Leads ORIX Group’s asset management business by capitalizing on management expertise and investor network Major Group Compani
Slide 35: Asia and Australia
Click below to read more on Segment Details . . ® & Growth Strategy (View Integrated Report)) Asia and Australia » Asia and Australia». Earnings Trends (Segment profits FY25.3: 34.5 Bin JPY; FY26.3: 51.2 Bin JPY)| v Segment profits higher vs FY25.3, mainly due to valuation and other gains on investe
Slide 36: Asia and Australia — About the Business
Asia and Australia — About the Business Leasing primarily for industrial equipment and automobiles, as well as PE investment business mainly in Greater China (Bin JPY) v Segment Assets by Business Segment Asset Trends by Major and Region HM Leases, Loans” EEE Investments? 4) South Korea 2| China (8)
Slide 37: Appendix
Appendix
Slide 38: About ORIX Expertise in Business and Collective Capabilities of the Group
About ORIX Expertise in Business and Collective Capabilities of the Group our businesses vy ORIX will continue to enhance our expertise in finance and tangible assets as we synergistically expand Credit Screening and Finance Skills | Corporate Finance | Card Loans | Machinery and Equipment Leasing L
Slide 39: About ORIX Proven Track Record of Profitability
About ORIX Proven Track Record of Profitability vy ORIX has been profitable for 61 straight years (Net Income Attributable to ORIX Corporation Shareholders) FY26.3 (Bin JPY) Record profits 500 FY21.3 COVID pandemic 450 400 FY09.3 Global financial 350 crisis FY02.3 300 IT bubble bursts 250 FY98.3 Asi
Slide 40: FY26.3 Segment Profits: Segments
FY26.3 Segment Profits: 10 Segments v¥ FY26.3 segment profits up sharply 35% YoY to 732.6 Bin JPY. vy _ Profits bolstered by gain on sale of Greenko stake, earnings at PE investees such as Toshiba. Insurance performed well, asset management fees in ORIX Europe remained strong (an JPY) FY25.3 FY26.3
Slide 41: FY26.3 Segment Assets: Segments
FY26.3 Segment Assets: 10 Segments v Segment assets were 17.4 Tin JPY (up 978.8 Bin vs. end-FY25.3, +544.2 Bin JPY due to changes in forex) vy Assets higher on Hilco Global acquisition, growth in Insurance investment assets, higher assets at ORIX Bank (Bin JPY) End-25.3 End-26.3 Change Highlights RO
Slide 42: Category/Business Segment: Old Matrix (up to FY26.3)
Category/Business Segment: Old Matrix (up to FY26.3) Category/Segment Matrix Finance (Recurring earnings, interest rate spread is source of income) Corporate Financial Services and Maintenance Leasing Corporate Financial Services (Financing business) Real Estate PE Investment and Concession Environm
Slide 43: Category/Business Segment: New Matrix (FY27.3 Onward)
Category/Business Segment: New Matrix (FY27.3 Onward) Segments Finance Corporate Financial Services (Financing business) Asia/Greater China (Financing business) 3 Categories Operation Auto, Rentec Investments Corporate Financial Services (Business succession investments) Domestic PE Asia/Greater Chi
Slide 44: Segment Profits/Assets by New Segment Organization (FY27.3 Onward)
Segment Profits/Assets by New Segment Organization (FY27.3 Onward) v¥ Segment disclosure will shift to the 5 segments below from the former 10 segments from FY27.3 Segment Profits Segment Assets FY25.3 FY26.3 FY25.3 FY26.3 YoY vs. end-FY (Bln JPY) Full-year Full-year End-FY End-FY APAC 207.9 256.9 +
Slide 45: Capital Recycling Profit Growth
Capital Recycling Profit Growth v¥_ Accelerating capital recycling model led to company-wide net income growth of 4.0x, CAGR of 11% (FY26.3 vs FY13.3) - © avoton® gfeenke DHC ROBECO ——SKANSAIAIRPORTS ota SK elawan f¥ Hilco Global FINANCIAL < Gravis Op S= RM MRS O o o- O Ate e 2 e Greenko (partial st
Slide 46: Capital Recycling
Capital Recycling FY26.3 capital gains came to 265.2 Bin JPY; promoted capital recycling across portfolio including Greenko v__ Already announced sale of SGK Holdings (Sugiko) and ORIX Bank for FY27.3 FY25.3 Results FY26.3 Results FY27.3 Forecast 140.7 Bin JPY Capital Recoupment Cash In 645.0 Bin JP
Slide 47: Roadmap for Asset Management
Fi FY25.3 Its tati d in May 2025. Roadmap for Asset Management (From reas Presemnanon annewith some updates) v¥ Grow asset management fee income by capitalizing on origination capabilities, value enhancement model v Expand AUM by proactively using third-party capital, primarily in private assets and
Slide 48: ORIX Group - Asset Management Business
ORIX Group - Asset Management Business v Expansion in asset management business centered around Europe and the US supports base profit growth v Focus on management of diversified asset base, in addition to equities, fixed income, and alternative assets (Leading domestic manager of renewable energy,
Slide 49: Financial Strategy
Financial Strategy v Maintained A-equivalent rating via ongoing capital recycling with a focus on capital efficiency v Secured competitive funding costs by maintaining financial soundness ] Consolidated Balance Sheet and Financial Indicators (Bin JPY) J] Shareholders’ Equity / (Tin JPY) [credit Rati
Slide 50: Inbound Tourism
Click here to access New Value from Kansai” (Full Movie) Inbound Tourism * v Concession: Downward pressure likely to persist in the near term as Chinese passenger numbers down, some flights cancelled/reduced owing to Middle East tensions v__ Real estate operations: Carefully watching trends owing to
Slide 51: Human Capital and Business Growth
(From FY25.3 results presentation announced in Human Capital and Business Growth May 2025) v ORIX’s approach to human capital management, a source of our competitive strength, has three components: instilling our core values, enhancing our core capabilities and providing a workplace in which people
Slide 52: ESG
ESG | Scores by ESG Rating Agencies (as of March 23, 2026) ESG Rating Agency Rating/Scores FTSE 3.7 Remained a constituent of the FTSE Blossom Index** 13.4°2 stainalytics - . . Ranked 36" of 789 firms in Diversified Financials Dow Jones 49 Class Indices*? Industry avg. score: 29 : MSCI AA “Leader am
Slide 53: ORIX by the Numbers
ORIX by the Numbers *All figures based on FY26.3 or end-FY26.3 data unless otherwise indicated. Strong profitability FY25.3 FY26.3 Netincome 351.6.rven 447.3 sven — 10.4% ROE 8.8% Enhanced shareholder returns cil DPS (FY11,3-FY26.3) CAGR 22% Financial soundness Credit rating Single A equivalent High
Slide 54: 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 55: For the current IR materials and archives of past financial data
For the current IR materials and archives of past financial data, please access our website. IR Section https://www.orix.co.jp/grp/en/ir/ IR Library https://www.orix.co.jp/grp/en/ir/library/ ORIX Corporation Investor Relations Department Tel: +81-3-3435-3121