ORIX Corporation

TSE-8591

Basic

Market Cap
¥4,051.37B
EV
¥9,545.09B
Shares Out
1,148.35M
Revenue
¥2,814.36B
Employees
33,807

Margins

Gross
41.72%
EBITDA
32.56%
Operating
19.62%
Pre-Tax
16.7%
Net
12.3%
FCF
1.51%

Returns (5Yr Avg)

ROA
2.05%
ROTA
10.26%
ROE
8.7%
ROCE
3.29%
ROIC
2.41%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
¥3,953.75
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
¥1,053.84B
Net Debt
¥5,410.58B
Debt/Equity
1.61
EBIT/Interest
2.93

Growth (CAGR)

Rev 3Yr
7.07%
Rev 5Yr
3.01%
Rev 10Yr
7.44%
Dil EPS 3Yr
24.25%
Dil EPS 5Yr
3.36%
Dil EPS 10Yr
7.61%
Rev Fwd 2Yr
6.2%
EBITDA Fwd 2Yr
-20.36%
EPS Fwd 2Yr
12.43%
EPS LT Growth Est
13.22%

Dividends

Yield
—
Payout
28.67%
DPS
¥85.6
DPS Growth 3Yr
3.15%
DPS Growth 5Yr
2.41%
DPS Growth 10Yr
14.04%
DPS Growth Fwd 2Yr
22.48%

Metric	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
Operating Revenues						1,980,966	1,975,417	2,184,266	2,316,331	2,433,337
Gain (Loss) on Sale of Investment, Total						21,074	44,629	42,168	28,359	33,779
Interest And Invest. Income						253,286	81,588	86,116	100,716	113,520
Other Revenues, Total						25,003	191,074	195,493	218,253	233,725
Total Revenues						2,280,329	2,292,708	2,508,043	2,663,659	2,814,361
Total Revenues % Chg.						-6%	0.5%	9.4%	6.2%	5.7%
Cost of Goods Sold, Total						1,421,374	1,480,271	1,567,256	1,623,146	1,640,319
Gross Profit						858,955	812,437	940,787	1,040,513	1,174,042
Selling General & Admin Expenses, Total						460,199	456,795	522,782	559,406	627,633
Other Operating Expenses						13,405	16,265	-5,438	11,752	-5,705
Other Operating Expenses, Total						473,604	473,060	517,344	571,158	621,928
Operating Income						385,351	339,377	423,443	469,355	552,114
Interest Expense, Total						-98,979	-78,081	-68,254	-127,840	-188,236
Net Interest Expenses						-98,979	-78,081	-68,254	-127,840	-188,236
Income (Loss) On Equity Invest.						67,924	481	24,565	22,081	36,774
Currency Exchange Gains (Loss)						-1,679	1,805	-3,349	-1,956	-1,126
Other Non Operating Income (Expenses)	—	—	—	—	—	—	7,437	—	—	—
EBT, Excl. Unusual Items						352,617	271,019	376,405	361,640	399,526
Merger & Related Restructuring Charges		—	—	—	—	—	—	—	—	—
Impairment of Goodwill				—	—	—	-1,506	-562	—	—
Gain (Loss) On Sale Of Investments						-11,969	-6,052	-730	-824	-315
Gain (Loss) On Sale Of Assets						74,001	23,300	191,999	33,000	72,488
Asset Writedown						-3,043	-4,166	-57,665	-2,812	-1,724
Other Unusual Items				—	—	955	4,966	—	1,174	—
EBT, Incl. Unusual Items						412,561	287,561	509,447	392,178	469,975
Income Tax Expense						105,837	90,747	186,594	95,245	131,388
Earnings From Continuing Operations						306,724	196,814	322,853	296,933	338,587
Earnings Of Discontinued Operations		—	—	—	—	—	—	—	—	—
Minority Interest						-4,024	-4,430	-5,477	-6,593	7,545
Net Income						302,700	192,384	317,376	290,340	346,132
Net Income to Common Incl Extra Items						302,700	192,384	317,376	290,340	346,132
Net Income to Common Excl. Extra Items						302,700	192,384	317,376	290,340	346,132
Total Shares Outstanding						1,254.5	1,217.3	1,193.4	1,170.3	1,151.5
Weighted Avg. Shares Outstanding						1,275.2	1,236.9	1,203.5	1,180.4	1,159.4
Weighted Avg. Shares Outstanding Dil						1,276.3	1,238.1	1,204.9	1,181.9	1,161.3
EPS						237.4	155.5	263.7	246	298.6
EPS Diluted						237.2	155.4	263.4	245.7	298.1
EBITDA						689,555	655,332	743,782	809,607	916,356
Effective Tax Rate						25.7%	31.6%	36.6%	24.3%	28%