Komori
Revision of earnings forecasts8591ORIX CORPORATIONFinancials (excluding banks)

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [U.S. GAAP] (Consolidated)

In addition to disclosing results for the first quarter of the fiscal year ending March 2027, the Company forecasts net income attributable to Company shareholders of ¥840,000 million for the six months ending September 2026 and ¥530,000 million for the full fiscal year. Based on adjusted profit excluding Kioxia-related gains and losses, the Company has revised its dividend policy and forecasts a second-quarter-end dividend of ¥107.27 per share and an annual dividend of ¥187.36 per share.

Worth reading
63In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
530000
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Six months and full year
Profit attributable to owners of the parent—→—million
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

While the after-tax equivalent of the gain on the sale of Kioxia shares and the valuation gain is expected to be recorded in a substantial amount for the six months ending September 2026, it is difficult to make a reasonable full-year estimate of adjusted net income due to factors including share-price fluctuations.

Details and amount of extraordinary loss

Long-lived asset impairment loss: ¥9,819 million (first quarter under review). No loss was recognized in connection with the classification as held for sale.

Previous-period resultsQuarterly net income attributable to Company shareholders: ¥107,288 million (first quarter of the fiscal year ended March 2026)
Dividend forecast revisionThe dividend policy has been changed to provide for the higher of 39% of adjusted EPS or an annual dividend of ¥156.10 per share. The Company forecasts a second-quarter-end dividend of ¥107.27 per share and an annual dividend of ¥187.36 per share.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Profit attributable to owners of the parentNot disclosed → Six months ending September 2026: ¥840,000 million; full fiscal year: ¥530,000 million
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSix months and full year
Previous-period resultsQuarterly net income attributable to Company shareholders: ¥107,288 million (first quarter of the fiscal year ended March 2026)
Reason for the revisionWhile the after-tax equivalent of the gain on the sale of Kioxia shares and the valuation gain is expected to be recorded in a substantial amount for the six months ending September 2026, it is difficult to make a reasonable full-year estimate of adjusted net income due to factors including share-price fluctuations.
Details and amount of extraordinary lossLong-lived asset impairment loss: ¥9,819 million (first quarter under review). No loss was recognized in connection with the classification as held for sale.
Dividend forecast revisionThe dividend policy has been changed to provide for the higher of 39% of adjusted EPS or an annual dividend of ¥156.10 per share. The Company forecasts a second-quarter-end dividend of ¥107.27 per share and an annual dividend of ¥187.36 per share.
Consolidated / non-consolidatedConsolidated
Items this document does not state (5)
Net SalesOperating profitOrdinary incomeNet income per sharePublication date of previous forecast

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.

The after-tax equivalent of the gain on Toshiba's sale of Kioxia shares and the valuation gain recognized through the TB Investment Limited Partnership is expected to be recorded in a substantial amount for the six months ending September 2026. However, because the valuation gain or loss fluctuates based on factors including Kioxia's share price and does not involve cash collection by the Company, it is difficult to make a reasonable full-year estimate of adjusted net income.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [U.S. GAAP] (Consolidated) | ORIX CORPORATION (8591) timely disclosure | Komori