Orix Corp (8591.T)

8591.T on Tokyo Stock Exchange

23 Mar 2018
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Latest Key Developments (Source: Significant Developments)

R&I affirms Orix's rating at "A+" and says stable outlook -R&I
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Orix Corp <8591.T>:Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I.Says rating outlook stable -R&I.  Full Article

Daikyo buys back 234,600 shares for 503.6 mln yen
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Daikyo Inc <8840.T>:Says it repurchased 234,600 shares of its common stock for 503.6 million yen in total from Nov. 1 to Nov. 30.Says this was part of the share repurchase plan announced on Oct. 26.  Full Article

Mitsui Chemicals unit offers takeover bid for shares of ARRK
Wednesday, 29 Nov 2017 

Nov 29(Reuters) - Mitsui Chemicals Inc <4183.T>:Says its wholly owned unit (acquirer) offered a takeover bid for 301.3 million shares (or no less than 230.2 million shares) of ARRK Corp <<<7873.T>>>.Takeover bid total amount at 40.34 billion yen .Offering period from Nov. 30 to Jan. 17, 2018 and settlement starts on Jan. 24, 2018.Says Orix Corp <<<8591.T>>> will sell indirect 63.5 percent stake in ARRK to acquirer for 23.02 billion yen, through the takeover bid and will indirectly hold 11.1 percent stake in ARRK down from 74.7 percent after the takeover bid .  Full Article

Orix transfers mortgage bank business to ORIX Credit
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Orix Corp <8591.T>:Says it transfers mortgage bank business to unit ORIX Credit on Nov. 1.Previous news was disclosed on July 24.  Full Article

Veolia and consortium partners win 20-year, 450 mln euros Japan contract
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Veolia ::* Veolia Japan, and its partners, has been selected by the city of Hamamatsu to manage part of its wastewater and sewage scheme including the operation and maintenance of its main facilities of Seien, Hamana and Akura.* 20-year contract is the first long-term concession contract for municipal sewage management in Japan, the nation's biggest infrastructure asset class. It has been signed today and operations will begin in April 2018..* Veolia has formed a consortium with JFE Engineering Corporation, ORIX Corporation, Suyama Construction and Tokyu Construction for this project.* Cumulative revenues for Veolia are estimated at 450 million euros ($522.54 million) over the contract, for works, operation and maintenance.  Full Article

Daikyo completes share repurchase
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Daikyo Inc <8840.T>:Says it completed repurchase of 503,000 shares of its common stock, for 1.08 billion yen in total, from Oct. 27, 2016 to Oct. 26, 2017 .  Full Article

Daikyo to repurchase shares
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Daikyo Inc <8840.T>:Says it will repurchase up to 4.1 million shares, representing 4.9 percent of outstanding.Says share repurchase price at up to 8.5 billion yen in total.Says repurchase period from Oct. 27, 2017 to Oct. 26, 2018 .  Full Article

Daikyo buys back 3.4 mln shares for 725.4 mln yen in August
Monday, 4 Sep 2017 

Sept 4 (Reuters) - Daikyo Inc <8840.T>:* Says it repurchased 3.4 million shares for 725.4 million yen in total, in August .* Says this was part of the share repurchase plan announced on Oct. 26, 2016.* Says it accumulatively repurchased 3.4 million shares for 725.4 million yen in total as of Aug. 31 .  Full Article

Orix Corp will take an over 10 pct joint stake in Bitexco Power - Nikkei
Wednesday, 31 Aug 2016 

Nikkei : Orix Corp plans to send directors to Bitexco Power, and will offer advice on business operations as well - Nikkei . Orix Corp will invest in Vietnam's Bitexco Power in September - Nikkei .Orix Corp will take an over 10% joint stake in Bitexco With Singapore's United Overseas Bank in Mid-September - Nikkei.  Full Article

Rakus forms business alliance with Orix
Thursday, 2 Jun 2016 

Rakus Co Ltd <3923.T> :Says it forms a business alliance with Orix Corp <8591.T>, on services provision of expense calculation systems for customers.  Full Article

Japan's Orix invests $60 mln in Chinese P2P lender Dianrong -sources

TOKYO/HONG KONG, Jan 23 Orix Corp has invested $60 million in peer-to-peer lending platform Dianrong, in what is the Japanese financial firm's first investment in a Chinese fintech venture as it looks to tap into the fast-expanding sector, sources said.