Full Description

ORIX CORPORATION (IX.N) (New York Stock Exchange)
As of  27 Nov 2009
33.22USD
Price Change
+0.03
Percent Change
+0.09%
 
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ORIX Corporation (ORIX) is a financial company engaged in six business segments. Corporate Financial Services is engaged in lending, leasing, commission business for the sale of financial products, and environment-related business. Maintenance Leasing is engaged automobile leasing and rentals, car sharing and precision measuring equipment. Real Estate is engaged in development and rentals of commercial real estate, hotel, golf course, and training facility operation. Investment Banking is engaged in real estate finance, commercial real estate asset securitization, loan servicing (asset recovery), principal investment and venture capital. Retail is engaged in trust and Banking services, card loans, life insurance, and securities brokerage. Overseas Business is engaged in leasing, lending, investment in bonds, investment banking and real estate-related operations. In September 2009, it sold 51% stake of its wholly owned subsidiary, ORIX Credit Corp., to Sumitomo Mitsui Banking Corp.
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