Sign in

    Naruhiko Sakamaki • Mizuho Securities Co., Ltd.

    Naruhiko Sakamaki's questions to ORIX Corp (IX) leadership

    Naruhiko Sakamaki's questions to ORIX Corp (IX) leadership • Q3 2025

    Question

    Naruhiko Sakamaki of Mizuho Securities Co., Ltd. questioned the contingency plan if the Greenko divestment is not completed by the fiscal year-end, its potential impact on achieving the full-year profit forecast, and the subsequent effect on the dividend payout.

    Answer

    Kazuki Yamamoto, Operating Officer in charge of IR, stated there is a high probability the Greenko sale will be executed by the end of the fiscal year. He clarified that there is no 'Plan B' to fill the potential JPY 96 billion pre-tax profit gap if the deal is delayed, and the full-year net income target of JPY 390 billion would likely be missed in that scenario. However, he added that other business areas are performing well and might partially offset a shortfall.

    Ask Fintool Equity Research AI

    Naruhiko Sakamaki's questions to ORIX Corp (IX) leadership • Q1 2025

    Question

    Naruhiko Sakamaki from Mizuho Securities Co., Ltd. questioned the risks and opportunities in ORIX's U.S. businesses, asking for a potential timeline on when the company might see growth from Fed rate cuts and the expected impact on its credit, real estate, and private equity operations.

    Answer

    Kazuki Yamamoto, Operating Officer, projected that the U.S. credit-related businesses could see a recovery and earnings contribution sooner, possibly in the second half of the next year. However, he anticipates a longer recovery period for the real estate and private equity businesses, potentially taking one to two years to see a significant rebound, contingent on U.S. monetary policy and the upcoming presidential election.

    Ask Fintool Equity Research AI

    Naruhiko Sakamaki's questions to ORIX Corp (IX) leadership • Q1 2025

    Question

    Naruhiko Sakamaki of Mizuho Securities Co., Ltd. asked about the risks and opportunities in ORIX's U.S. businesses, specifically seeking management's view on a potential timeline for recovery and earnings growth if the U.S. Federal Reserve begins cutting interest rates.

    Answer

    Kazuki Yamamoto, Operating Officer, outlined a potential recovery timeline, suggesting that credit-related businesses could see a pickup earlier, possibly in the second half of the next year, following any rate cuts. He indicated that the recovery for real estate (mortgage) and private equity businesses might take longer, contingent on policy rate developments and the broader economic environment, including the U.S. presidential election.

    Ask Fintool Equity Research AI