ORIX Corporation

8591.T
Financial Conglomerates
2026/04/14 Updated
Market Cap: $33.2B (¥5.3T)
Stock Price: $30.27 (¥4,835)
Exchange Rate: 1 USD = ¥159.74

Notice Regarding Transfer of Interest in IX NTI Holdings, LLC (US Private Equity Investment: Network Connex) (Change in Subsidiary)

ORIX signed a contract on April 13, 2026, to transfer all interests in consolidated subsidiary IX NTI Holdings, LLC to a special purpose company established by Olympus. The transfer consideration is undisclosed.

Importance:
Page Updated: April 14, 2026
IR Disclosure Date: April 14, 2026

Key Figures

  • Net Sales: USD284.5million (Fiscal year ending December 2024, highest ever level)
  • Net Income Attributable to Owners of Parent: USD-38.0million (Fiscal year ending December 2024)
  • Capital Stock: USD 285.3million (As of December 2025, unaudited)

AI要約

Overview of the Interest Transfer

ORIX Corporation entered into a contract on April 13, 2026 (US time), to transfer all (100%) interests of consolidated subsidiary IX NTI Holdings, LLC to a special purpose company established by Olympus. IX NTI Holdings, LLC was established in 2018 and held interests in Network Connex, a US-based provider of telecommunications infrastructure installation and maintenance services. Since its investment in 2018, ORIX has been promoting its growth strategy and enhancing corporate value, and Network Connex’s net sales have reached record highs. The transfer consideration is undisclosed at the counterparty’s request.

Outlook and Impact

This transaction is subject to suspension conditions including approval under the Hart-Scott-Rodino Act and is also impacted by foreign exchange fluctuations; therefore, it is currently difficult to reasonably estimate the impact on consolidated results. ORIX will promptly disclose any significant impact on results once the amount of gain on sale is determined. There is no revision to the consolidated earnings forecast for the fiscal year ending March 2026 at this point.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.