Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
4176
¥ million (total assets subject to the company split)Wording
Conditional
How definitive the wording is.This transaction
This company split (simplified absorption-type company split)CounterpartyORIX Auto Corporation, 筑波リース株式会社
Disclosing companyORIX CORPORATION
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company
The entire leasing and installment sales business conducted by 筑波リース
Location Tsukuba, Ibaraki PrefectureShare capital ¥20 millionDate of incorporation June 1981
Net Sales¥1,701 million (fiscal year ended March 2025)
Operating profit¥37 million (fiscal year ended March 2025)
Net income for the current fiscal year¥25 million (fiscal year ended March 2025)
Net assets¥990 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceThe consideration is expected to be paid based on the value of receivables related to the leasing and installment sales business as of 31 July 2026. The specific amount has not been disclosed.
Type of ConsiderationCash (expected to be paid based on the value of receivables related to 筑波リース's leasing and installment sales business)
Impact on Business Performance
The impact on the Company's consolidated results is immaterial
Procedures and assumptions
Valuation methodologyCalculated and determined based on book value
Management structure after acquisitionFollowing the company split, 筑波リース is expected to be dissolved and liquidated. 筑波リース's business will continue to be conducted by オリックス and オリックス自動車 following the company split. The Company's name, location, titles and names of its representative, business activities, capital and fiscal year-end will remain unchanged.
| Item | Details |
|---|---|
| Transaction name | This company split (simplified absorption-type company split) |
| Counterparty name | ORIX Auto Corporation, 筑波リース株式会社 |
| Name of the Subject Company | 筑波リース株式会社 |
| Business Description of the Subject Company | The entire leasing and installment sales business conducted by 筑波リース |
| Location of the Subject Company | Tsukuba, Ibaraki Prefecture |
| Capital Stock of the Subject Company | ¥20 million |
| Date of Establishment of the Subject Company | June 1981 |
| Net Sales of the Subject Company | ¥1,701 million (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | ¥37 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | ¥25 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥990 million (fiscal year ended March 2025) |
| Acquisition price | The consideration is expected to be paid based on the value of receivables related to the leasing and installment sales business as of 31 July 2026. The specific amount has not been disclosed. |
| Type of Consideration | Cash (expected to be paid based on the value of receivables related to 筑波リース's leasing and installment sales business) |
| Voting rights ownership percentage | Before 95.00% (after not disclosed) |
| Impact on Business Performance | The impact on the Company's consolidated results is immaterial |
| Date of board resolution | 13 April 2026 (the date of the corporate decision regarding this company split and the dissolution and liquidation) |
| Contract Date | Mid-May 2026 (予定) |
| Execution Date / Effective Date | 1 August 2026 (scheduled) |
| Valuation methodology | Calculated and determined based on book value |
| Management structure after acquisition | Following the company split, 筑波リース is expected to be dissolved and liquidated. 筑波リース's business will continue to be conducted by オリックス and オリックス自動車 following the company split. The Company's name, location, titles and names of its representative, business activities, capital and fiscal year-end will remain unchanged. |
Items this document does not state (12)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Independent valuation institutionSpecial CommitteeConditions Precedent to Execution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To integrate management within the group and promote the effective use of management resources and more efficient business operations, taking into account 筑波リース's future growth prospects and other factors.
How to read this page
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