ORIX
IX · NYSEMiscellaneous Business Credit Institution · Fiscal year ends Mar 31 · Reports in JPY
ORIX reported revenue of JPY 1,504B in the fiscal year ended Mar 2026, up 11.2% from the year before. Operating income was JPY 456B, an operating margin of 30.3%, and net income was JPY 447B. Net debt was JPY 5,203B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | JPY 1,246B | JPY 1,303B | JPY 1,300B | JPY 1,352B | JPY 1,504B |
| Selling, general & admin | JPY 523B | JPY 559B | JPY 628B | JPY 646B | JPY 712B |
| Operating income | JPY 293B | JPY 336B | JPY 361B | JPY 332B | JPY 456B |
| Interest expense | JPY 68.2B | JPY 128B | JPY 188B | JPY 169B | JPY 194B |
| Pre-tax income | JPY 509B | JPY 392B | JPY 470B | JPY 480B | JPY 691B |
| Income tax | JPY 187B | JPY 95.2B | JPY 131B | JPY 129B | JPY 233B |
| Net income | JPY 317B | JPY 290B | JPY 346B | JPY 352B | JPY 447B |
| Diluted shares | 1,205M | 1,182M | 1,161M | 1,145M | 1,120M |
Balance sheet
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | JPY 955B | JPY 1,232B | JPY 1,033B | JPY 1,207B | JPY 1,335B |
| Inventory | JPY 140B | JPY 169B | JPY 227B | JPY 229B | JPY 269B |
| Goodwill | JPY 489B | JPY 628B | JPY 632B | JPY 622B | JPY 774B |
| Total assets | JPY 14,281B | JPY 15,289B | JPY 16,322B | JPY 16,866B | JPY 18,003B |
| Deferred revenue | JPY 33B | JPY 34.3B | JPY 32.8B | JPY 40.4B | JPY 46.2B |
| Short-term debt | JPY 440B | JPY 509B | JPY 574B | JPY 550B | JPY 572B |
| Long-term debt | JPY 4,427B | JPY 5,210B | JPY 5,626B | JPY 5,733B | JPY 5,966B |
| DepositsBanks | JPY 2,276B | JPY 2,246B | JPY 2,246B | JPY 2,450B | JPY 2,626B |
| Total liabilities | JPY 10,899B | JPY 11,674B | JPY 12,297B | JPY 12,691B | JPY 13,379B |
| Shareholders' equity | JPY 3,261B | JPY 3,544B | JPY 3,941B | JPY 4,090B | JPY 4,483B |
| Backlog (remaining obligations) | JPY 147B | JPY 199B | JPY 212B | JPY 221B | JPY 220B |
Cash flow
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating cash flow | JPY 1,103B | JPY 913B | JPY 1,243B | JPY 1,300B | JPY 1,370B |
| Depreciation & amortisation | JPY 320B | JPY 340B | JPY 364B | JPY 400B | JPY 405B |
| Acquisitions | JPY 87.6B | JPY 207B | JPY 42.5B | JPY 89.9B | JPY 129B |
| Share buybacks | JPY 50B | JPY 52.1B | JPY 50B | JPY 53.5B | JPY 150B |
| Dividends paid | JPY 99.4B | JPY 106B | JPY 99.9B | JPY 136B | JPY 171B |
| Dividend per share | 82.00 | 89.40 | 85.60 | 117.97 | 151.60 |
Key ratios
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 4.6% | −0.3% | 4.0% | 11.2% |
| Operating income growth (YoY) | – | 14.7% | 7.4% | −8.0% | 37.5% |
| Operating margin | 23.5% | 25.8% | 27.7% | 24.5% | 30.3% |
| Net margin | 25.5% | 22.3% | 26.6% | 26.0% | 29.7% |
| Return on equityBlank when equity is negative | 9.7% | 8.2% | 8.8% | 8.6% | 10.0% |
| Cash conversion (CFO ÷ net income) | 3.48x | 3.14x | 3.59x | 3.70x | 3.06x |
| Interest cover | 4.29x | 2.63x | 1.92x | 1.96x | 2.35x |
| Debt ÷ equity | 1.49x | 1.61x | 1.57x | 1.54x | 1.46x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | JPY 3,912B | JPY 4,487B | JPY 5,168B | JPY 5,076B | JPY 5,203B |
Recent filings
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.