ORIX Corporation filed a Form 6-K with the U.S. Securities and Exchange Commission on November 9, 2026, reporting consolidated financial results for the six months ended September 30, 2026, an interim dividend declaration, and a notice regarding equity method investment income recognition.

Key Highlights

  • Net income surged 215.8%: Net income attributable to ORIX Corporation shareholders reached ¥856,218 million for the six months ended September 30, 2026, compared with ¥271,096 million in the prior-year period.
  • Total revenues up 9.6%: Total revenues on a continuing operations basis were ¥1,673,875 million for the six months ended September 30, 2026, versus ¥1,527,599 million for the same period a year earlier.
  • Interim dividend set at ¥113.56 per share: The second quarter-end dividend was calculated by applying 39% to adjusted EPS, based on adjusted net income of ¥317,529 million after excluding after-tax Kioxia-related gains of ¥538,689 million.
  • Shareholders' equity ratio improved to 32.6%: Total ORIX Corporation shareholders' equity was ¥5,093,303 million as of September 30, 2026, up from ¥4,482,500 million as of March 31, 2026.
  • ORIX Bank classified as discontinued operation: Following a decision to sell shares of ORIX Bank Corporation, its business was reclassified as held for sale and a discontinued operation under ASC 205-20.
  • Full-year net income forecast maintained at ¥530,000 million: The company disclosed a forecast for net income attributable to ORIX Corporation shareholders of ¥530,000 million for the year ending March 31, 2027, representing an 18.5% year-on-year change, with no revision from the previously announced forecast.

ORIX Second-Quarter Results: Kioxia Gains and ORIX Bank Exit Shape the Period

According to the filing, ORIX Corporation (NYSE:IX) reported total revenues of ¥1,673,875 million for the six months ended September 30, 2026, a 9.6% increase from ¥1,527,599 million in the comparable prior-year period. Operating income rose 3.9% to ¥239,520 million. All revenue and operating income figures are presented on a continuing operations basis, with the results of ORIX Bank Corporation excluded following its reclassification as a discontinued operation. The company disclosed that prior-period amounts were retrospectively reclassified to conform to the current presentation.

The filing disclosed that income from continuing operations before income taxes reached ¥1,117,880 million, a 195.0% increase year-on-year, while net income attributable to ORIX Corporation shareholders was ¥856,218 million, up 215.8%. The filing attributed a substantial portion of this result to after-tax gains on the valuation of shares of Kioxia Holdings Corporation, recognized through TB Investment Limited Partnership, an equity-method affiliate. The company noted that such valuation gains or losses "are expected to fluctuate with future changes in Kioxia's share price and therefore remain uncertain," and that "ORIX Corporation will not directly receive cash inflows corresponding to such gains or losses." Basic earnings per share were ¥785.16 and diluted earnings per share were ¥783.50 for the period.

The company disclosed total assets of ¥15,606,595 million as of September 30, 2026, compared with ¥18,002,776 million as of March 31, 2026. The number of treasury shares increased from 22,484,702 as of March 31, 2026 to 44,564,472 as of September 30, 2026. The filing noted that the annual dividend for fiscal year ending March 31, 2027 will be the higher of either an amount calculated by applying 39% to adjusted EPS excluding Kioxia-related gains or losses, or ¥156.10 per share. Comprehensive income attributable to ORIX Corporation shareholders was ¥824,988 million for the six months ended September 30, 2026, a 68.9% year-on-year increase. The filing contains forward-looking statements that, according to the company, are subject to risks and uncertainties described in its Form 20-F filed with the SEC.

What Was Disclosed

ORIX Corporation filed its second-quarter consolidated financial results for April 1, 2026 through September 30, 2026, alongside an interim dividend announcement and an equity method investment notice, all submitted on November 9, 2026 via Form 6-K.