ORIX Corporation · Tokyo Japan ·(NYSE: IX)(Tokyo: 85910)
Company Description
Phone: +81-3-5419-5102
Fax: +81-3-5419-5901
Rankings
- #382 in FT Global 500
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This link will open in a new window An international financing leviathan, ORIX is one of Japan's largest public financial services firms. The company finances leases of everything from computers and measuring equipment to aircraft and ships. ORIX also engages in consumer and corporate finance, life and other insurance, mortgage loans, venture capital, brokerage services, facilities management, car rental, and property development and management services in Japan and more than 20 other countries. The company operates around 1,200 offices in Japan (where it earns more than 80% of its revenues) and 260 more overseas. ORIX even has its own professional baseball team, the Kobe-based ORIX Buffaloes. To read the full description, subscribe now.
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ORIX Corporation Executives
37 executives listed for ORIX Corporation's Tokyo, location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Yoshihiko Miyauchi | Network |
| Vice Chairman | Yasuhiko Fujiki | Network |
| President, COO, and Director | Yukio Yanase | Network |
Competition
Competitive Landscape for ORIX Corporation
Demand is driven by demographics and commercial transactions. Demand is also driven by legal or financial requirements. Consumers are usually required by states to buy auto insurance and by lenders to buy homeowners insurance, for example. The profitability of individual companies depends on effective marketing and on the ability to accurately estimate future payments. Large companies have big economies of scale in administration and in access to capital, as well as advertising and marketing. Small companies can compete successfully by specializing in particular products or industries. Average annual revenue per worker is around $400,000, so the industry is not labor-intensive. In the late 2000s recession, insurers saw revenues decline sharply when their investment portfolios lost value after the market fell. Insurance carriers rely heavily on their investment portfolios, which is where they invest premiums collected until they are needed to pay claims or benefits. In addition, deregulation of the insurance and financial services industries led to increased risk taking that hurt insurers' credit ratings. Insurance giant AIG was forced to accept $150 billion in government loans to stave off bankruptcy that was brought on by its overexposure to credit default swaps. Federal government bailouts have primarily targeted banks. Aside from AIG, insurance companies have not been as hard hit by the subprime mortgage meltdown. But some insurance companies are seeking relief from state regulators to allow them to operate with less capital. Other insurance companies are buying financial institutions to qualify for federal aid. To read the full description, subscribe now.Top ORIX Corporation Competitors
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