Orix Corp Ads 6-K 2012
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE Act of 1934
For the month of June 2012.
(Translation of Registrants Name into English)
Mita NN Bldg., 4-1-23 Shiba, Minato-Ku, Tokyo, JAPAN
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F ¨
(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes ¨ No x
Table of Documents Filed
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
FOR IMMEDIATE RELEASE
Corporate Planning Department
Announcement Regarding ORIX Credit Share Acquisition Price
TOKYO, Japan June 4, 2012 ORIX Corporation (TSE: 8591; NYSE: IX) (hereinafter, ORIX), a leading integrated financial services group, announced on April 26, 2012 the agreement with Sumitomo Mitsui Banking Corporation (hereinafter, SMBC) to transfer all shares of ORIX Credit Corporation (hereinafter, ORIX Credit) held by SMBC to ORIX, making ORIX Credit a wholly-owned subsidiary of ORIX. The acquisition price was decided today. Details are as follows.
ORIX Credit is a company with extremely high-quality assets that introduced its low interest, large credit line VIP Loan Card in 1987 and has used its operating know-how to increase the number of transactions with clients centered primarily on high income individuals. The ORIX Group, having positioned consumer finance as one of the pillars of its growth strategy, aims to further strengthen the capturing of consumer finance demand through the current consolidation of ORIX Credit and enhanced cooperation with ORIX Bank, which began a card loan business in March of this year.
1. Acquisition Price, Tentative Acquisition Schedule and Status of Shares Held
2. Future Outlook
- ORIXs consolidated performance forecast is not impacted resulting from this transaction.
ORIX Corporation (TSE: 8591; NYSE: IX) is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 27 countries and regions worldwide, ORIXs activities include corporate financial services, such as leases and loans, as well as automobile operations, rental operations, real estate, life insurance, banking and loan servicing. For more details, please visit our website at: http://www.orix.co.jp/grp/en/
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under Risk Factors in the Companys annual report on Form 20-F filed with the United States Securities and Exchange Commission and under 4. Risk Factors of the Summary of Consolidated Financial Results of the Consolidated Financial Results April 1, 2011 March 31, 2012.