Orix ( (IX) ) just unveiled an update.
On April 1, 2025, ORIX Corporation announced a change in the timing of its share transfer agreement involving Greenko Energy Holdings and new investments in AM Green Power. Originally scheduled for March 31, 2025, the execution date has been postponed to mid-April 2025 due to unmet financing conditions for the transferee, despite obtaining necessary approvals under the Indian Competition Act. This delay will affect ORIX’s financial reporting, with expected gains now to be recorded in the fiscal year ending March 31, 2026, although the overall earnings forecast remains unchanged. Additionally, ORIX filed an amendment extraordinary report with the Kanto Financial Bureau to reflect these changes.
More about Orix
ORIX Corporation, established in 1964, is a global integrated financial services group headquartered in Tokyo, Japan. The company has diversified from its origins in leasing to encompass a wide range of services including financing and investment, life insurance, banking, asset management, real estate, and energy solutions. ORIX operates in approximately 30 countries and regions worldwide, employing around 34,000 people, and is committed to sustainable development through innovative solutions.
YTD Price Performance: -1.69%
Average Trading Volume: 184,539
Technical Sentiment Signal: Sell
Current Market Cap: $23.05B
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