ORIX Corporation announced robust financial results for the first quarter of fiscal year 2026, reporting a net income of JPY 107.3 billion. This represents a 24% increase year-on-year, with an annualized Return on Equity (ROE) of 10.4%. The company's profit for the quarter was $742.6 million, or 65 cents per share.
The strong performance was broad-based, with the Finance category seeing a 5% profit increase to JPY 49 billion, and the Operation segment's profit rising 5% to JPY 55.8 billion. The Investment category demonstrated significant growth, with profit increasing 61% year-on-year to JPY 60.1 billion, driven by gains from asset sales and valuation adjustments.
In a move to enhance shareholder returns and improve ROE, ORIX announced a JPY 100 billion share buyback program for FY26. This program is double the usual JPY 50 billion, signaling strong confidence in the company's financial health and future prospects. The first quarter bottom line was 15% above the consensus estimate, setting the stage for a potential full-year guidance raise.
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