Orix Posts 24% Rise in Fiscal Q1 Profit

Orix Corporation's fiscal Q1 profit rose 24% as the company's operating income increased by 17.4% to ¥68.3bn. The company's net income attributable to shareholders also rose by 22.1% to ¥54.5bn. Orix's total revenue for the quarter was ¥214.1bn, up 1.1% from the same period last year. The company's asset management business saw a 22.2% increase in operating income, while its leasing business saw a 12.5% increase.

Orix Corporation (IX) reported a significant increase in its fiscal Q1 profit, rising by 24% to ¥742.6 million. The Tokyo-based company's operating income surged by 17.4% to ¥68.3 billion, while its net income attributable to shareholders grew by 22.1% to ¥54.5 billion. Total revenue for the quarter was ¥214.1 billion, a 1.1% increase from the same period last year.

The company's asset management business saw a substantial 22.2% increase in operating income, while its leasing business also experienced a 12.5% increase. Orix's strong performance in these sectors contributed significantly to its overall financial improvement.

The report comes on the heels of several recent acquisitions and divestments by Orix. Notably, the company cancelled the acquisition of Ascentech K.K. from a group of shareholders [1] and completed the acquisition of a 71.4% stake in Hilco Global for $776 million to bolster its asset management capabilities [1]. These strategic moves are part of Orix's broader organizational reform and management changes, effective as of July 1, 2025 [1].

Mizuho Securities recently upgraded Orix to a "buy" rating with a price target of 3,780 yen, reflecting the company's robust financial performance and growth prospects [1].

For investors and financial professionals, Orix's Q1 results underscore the company's resilience and ability to adapt to market conditions. The company's strategic acquisitions and divestments, coupled with strong operational performance, position it well for future growth.

References:
[1] https://www.marketscreener.com/news/orix-s-fiscal-q1-profit-rises-24-ce7c5edfda8cf724
[2] https://www.midfloridanewspapers.com/ap/business/orix-fiscal-q1-earnings-snapshot/article_628a1361-94bc-5799-b8c8-f7de4424cbe3.html