• ORIX kept its earnings outlook for the fiscal year ending March 31, 2027, including an existing assumption for Toshiba-related investment gains and losses, targeting net income attributable to shareholders of JPY 530 billion.
• Equity in net income of equity-method investments of about JPY 179.8 billion before tax is expected to be recognized in the first quarter, reflecting Toshiba’s fourth-quarter gains on sale and valuation gains tied to Kioxia shares via TB Investment Limited Partnership.
• The incremental first-quarter impact on net income attributable to shareholders is estimated at about JPY 70 billion.
• The full-year impact from Toshiba-related gains or losses remains uncertain, with outcomes tied to Toshiba’s future results and its buying or selling of Kioxia shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ORIX Corporation published the original content used to generate this news brief on May 21, 2026, and is solely responsible for the information contained therein.