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Diversified Japanese financial group spanning leasing, banking, insurance, private equity and renewable energy.
Diversified Japanese financial group spanning leasing, banking, insurance, private equity and renewable energy.
Earns from many lines at once rather than one: lending and leasing, insurance, real estate and returns from selling stakes in companies it has bought, so gains on exits can swing profit. It co-holds the Kansai and Itami airport concession with Vinci, owns the asset manager Robeco, and has diversified well beyond its 1964 origin as a leasing company.
In one line: A mix of GE Capital and Berkshire Hathaway.
Moat: narrow (scale, distribution, installed base). Broad diversification and long operating history give scale advantages, but each segment faces focused specialist competitors.
Headquarters: Tokyo, Japan · Founded: 1964 · Employees: 37,286
Size Orix (8591.T) is a Japan Financials company (Finance/Rental/Leasing) with a market value of $35.7B, the 44th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥5,401 on 6 Nov 2026.
Performance Over six months the shares gained 2.4%, against +2.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th lowest of 18 in its peer set.
Growth Revenue grew 17.0% over the last twelve months (peer median +17.9%); the operating margin is 22.0% (peer median 31.5%).
Valuation It trades at 1.26× book value against a peer median of 1.86× (5th cheapest of 18).
Price implies The share price implies a return on equity of about 12.4%; Orix delivers 13.9%, so the price asks less than the business earns today.
Credit Orix has 12 bonds outstanding ($6.23B), rated BBB+ by the agencies and trading like BBB+ at a weighted spread of 86 bp.
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥3.43T | ¥3.18T | ¥2.87T | ¥2.77T | ¥2.64T |
| Revenue growth | — | +11% | +4% | +5% | — |
| Gross profit | ¥1.52T | ¥1.31T | ¥1.21T | ¥1.14T | ¥1.01T |
| EBITDA | ¥1.17T | ¥1.01T | ¥972B | ¥882B | ¥804B |
| Net income | ¥621B | ¥447B | ¥352B | ¥346B | ¥290B |
| Free cash flow | n/a | ¥1.30T | ¥1.20T | ¥1.17T | ¥778B |
| Capital expenditure | n/a | ¥75.1B | ¥69.1B | ¥76.7B | ¥104B |
| Total debt | ¥6.31T | ¥6.81T | ¥6.54T | ¥6.46T | ¥5.72T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Orix 8591.T | $35.7B | +2% | +17% | 14% | 1.26× | 12.4% |
| Mitsubishi HC Capital 8593.T | $11.9B | -9% | +1% | 7% | 0.93× | 5.9% |
| Tokyo Century 8439.T | $7.50B | +12% | +8% | 12% | 1.01× | 7.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 8591.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.0% | +3.8% | 2nd lowest of 18 |
| 6-month return | +2.4% | +2.9% | 9th lowest of 18 |
| Return on equity | 13.9% | 14.8% | 8th lowest of 18 |
| Price / book | 1.26× | 1.86× | 5th cheapest of 18 |
| Trailing P/E | 9.7× | 14.3× | 7th cheapest of 18 |
| ROE the price implies | 12.4% | 27.5% | 4th least demanding of 18 |
| ROE delivered | 13.9% | 14.3% | 8th lowest of 17 |
| Bond spread | 86 bp | 127 bp | 2nd tightest of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Orix 8591.T | Japan | $35.7B | +2% | +17% | 14% | 1.26× | 12.4% | 13.9% |
| Rocket Companies RKT | United States | $42.7B | -4% | +88% | 8% | 1.76× | 26.3% | 7.9% |
| AerCap AER | United States | $26.2B | +13% | 0% | 17% | 1.38× | 12.4% | 17.0% |
| Global Payments GPN | United States | $25.8B | +41% | +7% | 2% | 1.12× | 9.8% | 2.2% |
| Shriram Finance SHRIRAMFIN.NS | India | $23.9B | -5% | +10% | 15% | 2.03× | 27.6% | 14.7% |
| Affirm AFRM | United States | $23.1B | +6% | +32% | 45% | 4.19× | 73.6% | 45.1% |
| Synchrony Financial SYF | United States | $23.0B | +1% | -2% | 20% | 1.55× | 16.7% | 19.8% |
| SOFI SOFI | United States | $21.0B | +3% | +38% | 7% | 1.86× | 27.5% | 7.4% |
| Bajaj Finance BAJFINANCE.NS | India | $71.6B | +12% | +19% | 19% | 5.50× | 77.1% | 19.2% |
| Kaspi.kz Joint Stock Company Sponsored ADR RegS KSPI | United States | $17.7B | +7% | +39% | 45% | 3.15× | 13.6% | 45.4% |
| Cholamandalam Investment and Finance CHOLAFIN.NS | India | $16.2B | +6% | +21% | 21% | 4.43× | 67.7% | 20.6% |
| Tata Capital TATACAP.NS | India | $16.0B | +10% | +18% | 14% | 3.08× | 41.2% | 14.0% |
| One 97 Communications PAYTM.NS | India | $12.2B | +50% | +24% | 5% | 6.92× | 47.0% | 5.4% |
| Muthoot Finance MUTHOOTFIN.NS | India | $12.2B | -20% | +47% | 32% | 2.62× | 32.0% | 31.8% |
| Mitsubishi HC Capital 8593.T | Japan | $11.9B | -9% | +1% | 7% | 0.93× | 5.9% | 7.2% |
| Power Finance PFC.NS | India | $11.5B | -28% | +4% | 21% | 0.76× | 14.4% | n/a |
| Ally Financial ALLY | United States | $11.5B | -14% | +5% | 10% | 0.88× | 9.8% | 9.9% |
| Indian Railway Finance IRFC.NS | India | $11.1B | -25% | +13% | 13% | 1.74× | 28.2% | 12.6% |
Orix has 12 bonds outstanding with $6.23B face value. The agencies rate it BBB+; its bonds trade like BBB+. Weighted yield 4.92%, a spread of 86 bp over government bonds.