SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE Act of 1934
For the month of December, 2009.
ORIX Corporation
(Translation of Registrants Name into English)
Mita NN Bldg., 4-1-23 Shiba, Minato-Ku,
Tokyo, JAPAN
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F ¨
(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes ¨ No x
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ORIX Corporation | ||||
Date: December 15, 2009 | By | /s/ Haruyuki Urata | ||
Haruyuki Urata | ||||
Director | ||||
Deputy President | ||||
ORIX Corporation |
December 15, 2009 |
FOR IMMEDIATE RELEASE
Contact Information:
ORIX Corporation
Investor Relations
Tel: +81-3-5419-5042
Fax: +81-3-5419-5901
URL: www.orix.co.jp/index_e.htm
Announcement Regarding Terms for Disposal of Treasury Stock
TOKYO, Japan December 15, 2009 ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today announced that it has decided to dispose of a portion of its treasury stock. The treasury stock to be disposed of forms a portion of the remuneration during the terms of four executive officers and two group executives who are scheduled to retire on December 31, 2009. All of the funds acquired upon disposal of this portion of treasury stock will be used for general corporate purposes. Details yet to be determined will be announced after they have been decided.
Details of Disposal of Stock
1. | Type of Shares: | Common shares of the Company | ||||
2. | Maximum Number of Shares: | 19,000 shares | ||||
3. | Disposal Price: | To be decided | ||||
As a rule, the disposal price shall be the closing price upon retirement. Specifically, the price shall be the average closing price of common shares on the Tokyo Stock Exchange for the 30 trading days commencing 45 days previous to, and not including January 4, 2010 and rounded upwards to the nearest yen. However, if the above price is below the closing price on January 4, 2010, the disposal price shall be the closing price on January 4, 2010. | ||||||
4. | Payment Date for Purchase of Shares: | To be decided | ||||
As a rule, after retirement of the executive officers and group executives, and upon completion of prescribed procedures. |
About ORIX
ORIX Corporation (TSE: 8591; NYSE: IX) is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 26 countries and regions worldwide, ORIXs activities include corporate financial services, such as leases and loans, as well as automobile operations, rental operations, real estate-related finance, real estate, life insurance, and investment banking. For more details, please visit our website at: www.orix.co.jp/grp/index_e.htm
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under Risk Factors in the Companys annual report on Form 20-F filed with the United States Securities and Exchange Commission and under 4. Risk Factors of the Summary of Consolidated Financial Results of the Consolidated Financial Results April 1, 2008 March 31, 2009.
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December 15, 2009 |
FOR IMMEDIATE RELEASE
Contact Information:
ORIX Corporation
Investor Relations
Tel: +81-3-5419-5042
Fax: +81-3-5419-5901
URL: www.orix.co.jp/index_e.htm
Announcement Regarding Management Changes and Organizational Reform
TOKYO, Japan December 15, 2009 ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today made public an announcement regarding management changes and organizational reform.
New Position |
Present Position |
Name | ||
Changes Effective as of December 31, 2009 | ||||
Retire*1 | Corporate Executive Vice President Risk Management Headquarters |
Takeshi Sato | ||
Retire*2 | Corporate Senior Vice President Legal and Compliance Department |
Hiroshi Nakamura | ||
Retire*3 | Corporate Senior Vice President Domestic Sales Administrative Headquarters: Head of Eastern Japan |
Masayuki Okamoto | ||
Retire*4 | Corporate Senior Vice President Internal Audit Department |
Tadao Tsuya | ||
Retire*5 | Group Senior Vice President Deputy President, ORIX Real Estate Corporation |
Hideaki Morita | ||
Retire*6 | Group Executive President, ORIX Alpha Corporation |
Shuji Sakamoto |
*1 | Takeshi Sato will be appointed Advisor, ORIX Asset Management Corporation on January 1, 2010. |
*2 | Hiroshi Nakamura will be appointed Deputy President, ORIX Real Estate Corporation on January 1, 2010. |
*3 | Masayuki Okamoto will be appointed Deputy President, ORIX Trust and Banking Corporation on January 1, 2010. |
*4 | Tadao Tsuya will be appointed Advisor and Secretariat of the Audit Committee on January 1, 2010. |
*5 | Hideaki Morita will be appointed President, ORIX Golf Management Corporation on January 1, 2010. |
*6 | Shuji Sakamoto will be appointed Chairman, ORIX Alpha Corporation on January 1, 2010. |
Changes Effective as of January 1, 2010 | ||||
Director Deputy President Group Corporate Sales Investment Banking Group Osaka Representative Chairman, ORIX Real Estate Corporation President, ORIX Baseball Club Co., Ltd |
Director Deputy President Group Corporate Sales Administrative Headquarters Domestic Sales Administrative Headquarters Group Osaka Representative Chairman, ORIX Real Estate Corporation Chairman, ORIX Alpha Corporation President, ORIX Baseball Club Co., Ltd |
Hiroaki Nishina | ||
Director Corporate Executive Vice President Domestic Sales Administrative Headquarters |
Director Corporate Executive Vice President Investment Banking Headquarters Securitization and Capital Markets Office President, ORIX Capital Corporation |
Kazuo Kojima | ||
Corporate Senior Vice President Investment Banking Headquarters Securitization and Capital Markets Office President, ORIX Asset Management & Loan Services Corporation President, ORIX Capital Corporation |
Executive Officer Investment Banking Headquarters President, ORIX Asset Management & Loan Services Corporation |
Mitsuo Nishiumi | ||
Executive Officer Domestic Sales Administrative Headquarters: Head of District Sales |
Group Executive President, ORIX Rentec Corporation |
Katsutoshi Kadowaki | ||
Executive Officer Domestic Sales Administrative Headquarters: Head of Kinki Sales Group Osaka Deputy Representative |
Executive Officer Domestic Sales Administrative Headquarters: Head of Western Japan and OQL Business Group Osaka Deputy Representative |
Katsunobu Kamei | ||
Executive Officer Risk Management Headquarters |
Domestic Sales Administrative Headquarters: Deputy Head of Eastern Japan |
Kazutaka Shimoura | ||
Executive Officer Legal and Compliance Department Internal Audit Department |
Legal and Compliance Department | Komei Ikebukuro | ||
Executive Officer Global Business & Alternative Investment Headquarters |
Global Business & Alternative Investment Headquarters | Hideo Ichida | ||
Group Executive President, ORIX Rentec Corporation |
ORIX Rentec Corporation | Keiji Ito |
Organizational Reforms (as of January 1, 2010)
The Eastern Japan and Western Japan divisions of the Domestic Sales Administrative Headquarters will be realigned into Tokyo Sales, Kinki Sales and District Sales.
The Regional Business Department and Administration Center will be transferred to the OQL Business Headquarters and will be renamed the OQL Business Headquarter, Regional Business Department, Administration Center and Call Center.
The Retail Store-Related Business will be established in the Domestic Sales Administrative Headquarters. Retail Store Sales will be transferred to this new division.
About ORIX
ORIX Corporation (TSE: 8591; NYSE: IX) is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 26 countries and regions worldwide, ORIXs activities include corporate financial services, such as leases and loans, as well as automobile operations, rental operations, real estate-related finance, real estate, life insurance, and investment banking. For more details, please visit our website at: www.orix.co.jp/grp/index_e.htm
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under Risk Factors in the Companys annual report on Form 20-F filed with the United States Securities and Exchange Commission and under 4. Risk Factors of the Summary of Consolidated Financial Results of the Consolidated Financial Results April 1, 2008 March 31, 2009.
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