Increased Net Profit Forecast
The net profit forecast was raised from the previous JPY 380 billion to JPY 440 billion, and the full year dividend forecast per share was increased from JPY 132.13 to JPY 153.67.
Record High Net Income
Net income for the first half was JPY 271.1 billion, a record high, and an increase of JPY 88.2 billion, up 48% compared to the same period last year.
Joint PE Fund with Qatar Investment Authority
ORIX established a joint PE fund with Qatar Investment Authority with a total scale of USD 2.5 billion aimed at investing in Japanese companies.
Expansion of Shareholder Returns
The share buyback program was expanded from JPY 100 billion to JPY 150 billion, with a total shareholder return expected to reach JPY 320.7 billion.
Strong Performance in PE Investment and Concession
Segment profit increased by 21% year-on-year to JPY 56.7 billion, driven by steady performance of investees such as Toshiba and Kansai Airports.