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ORIX CORPORATION announces share buyback of up to 9.1%, projects 19% rise in net profit for fiscal 2027
ORIX CORPORATION <8591> announced after market close on the 11th that it will conduct a share buyback with an upper limit of 100 million shares (approximately 9.1% of issued shares excluding treasury stock) and a total acquisition value of up to 250,000 million yen. The acquisition period will run from May 22 of this year through March 31, 2027, with shares to be acquired through market purchases.
Concurrently with the announcement of its consolidated financial results for the fiscal year ending March 2026, ORIX disclosed its full-year earnings forecast for the fiscal year ending March 2027. The company projects net profit of 530,000 million yen (up 18.5% year-on-year). The annual dividend forecast is 187.36 yen (compared to 156.10 yen in the previous year). The finance-related segment is expected to see significant profit growth due to the sale of ORIX Bank. In the business-related segment, while inbound-related operations are projected to see reduced profits due to geopolitical impacts, aircraft leasing and Houlihan Lokey are expected to remain solid. In the investment-related segment, multiple exits are anticipated in private equity (PE) in Japan and the USA, but segment profits are expected to decline due to the absence of gains from the sale and revaluation of Greenko in the previous fiscal year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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