ORIX Corporation: Plans to Transfer Entire Stake in Banking Subsidiary for 370 Billion Yen

NewTimeSpace News: On April 28, 2026, ORIX Corporation announced that it has entered into a share transfer agreement with Daiwa Next Bank, Ltd., a consolidated subsidiary of Daiwa Securities Group Inc., to transfer all 1,200,000 shares of its wholly-owned subsidiary ORIX Bank Corporation for an initial price of 370 billion yen. The final transfer price will be determined following price adjustments as set forth in the agreement, and the transaction is expected to be completed by October 2026.

ORIX Corporation stated that as the banking industry enters a period of structural change, it has decided to transfer ORIX Bank to Daiwa Securities Group to enable the bank to achieve further growth.

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