Annual net income growth of 4–8% through the fiscal year ending March 2021; ROE of 11% or higher
First written in FY2018. 6 of 31 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-06-19.
The whole theme swung hardest in 2020: 25 of 112 companies on the "Worse" side.
- FY2026-H1AdvancedAnnual report
「Interim net income attributable to shareholders ........................................ ¥271,096 million (up 48% year on year) ROE (shareholders’ equity and annualized interim net income attributable to shareholders) ........ 12.7% (9.3% in the same period of the previous year)」
The results for the interim consolidated accounting period against the medium- to long-term net income and ROE targets were updated. Interim net income attributable to shareholders was ¥271,096 million and annualized ROE was 12.7%. - FY2025RaisedAnnual report
「As its long-term vision, the company has set quantitative targets for ROE of 15% and net income of ¥1 trillion for the fiscal year ending March 2035, with an interim target of ROE of 11% for the fiscal year ending March 2028.」
The target level was raised from the previous medium-term targets of net income of ¥400 billion and ROE of 11% to the long-term vision of ROE of 15% and net income of ¥1 trillion for the fiscal year ending March 2035, with ROE of 11% for the fiscal year ending March 2028 set as an interim target. - FY2025-H1Update on interim results against medium-term targetsAnnual report
「Interim net income attributable to shareholders ........................................ ¥182,946 million (up 43% year on year) ROE (shareholders’ equity and annualized interim net income attributable to shareholders) ........ 9.3% (7.0% in the same period of the previous year)」
As interim results related to the next fiscal year’s targets of net income of ¥390 billion and ROE of 9.6%, the company disclosed interim net income attributable to shareholders of ¥182,946 million and annualized ROE of 9.3%. - FY2024SoftenedAnnual report
「For the next fiscal year, the fiscal year ending March 2025, the company has set targets of net income attributable to shareholders of ¥390 billion and ROE of 9.6%.」
The target for the next fiscal year was revised from the previously stated medium-term targets of net income of ¥400 billion and ROE of 11% to net income of ¥390 billion and ROE of 9.6%. - FY2024-Q3Update on third-quarter results against medium-term targetsAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥219,205 million (up 3% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 8.0% (8.3% in the same period of the previous year)」
Cumulative third-quarter results against the medium-term targets of net income of ¥400 billion and ROE of 11% were updated. Quarterly net income was ¥219,205 million, up 3% year on year, while annualized ROE was 8.0%, below the target level. - FY2024-Q2Update on second-quarter results against medium-term targetsAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥128,100 million (up 5% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 7.0% (7.1% in the same period of the previous year)」
Cumulative second-quarter results against the medium-term targets of net income of ¥400 billion and ROE of 11% were updated. Quarterly net income increased to ¥128,100 million, while annualized ROE was 7.0%, below the target level. - FY2024-Q1Update on first-quarter results against medium-term targetsAnnual report
「Quarterly net income attributable to shareholders was ¥62,966 million (up 2% year on year), while ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) was 7.0% (7.4% in the same period of the previous year).」
The first-quarter results against the medium-term targets of net income of ¥400 billion and ROE of 11% were updated. Quarterly net income increased to ¥62,966 million, while annualized ROE was 7.0%, down from the same period of the previous year and below the target level. - FY2023SoftenedAnnual report
「ORIX uses net income attributable to shareholders as a management indicator from the perspective of earning power and ROE (shareholders’ equity and net income attributable to shareholders) from the perspective of capital efficiency in pursuit of sustainable growth, with medium-term targets of net income of ¥400 billion and ROE of 11%.」
The medium-term targets stated in FY2022 were revised from net income of ¥440 billion and ROE of 11.7% to net income of ¥400 billion and ROE of 11%. - FY2023-Q3Update on third-quarter results against medium-term targetsAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥211,388 million (up 0% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 8.6% (9.1% in the same period of the previous year)」
Cumulative third-quarter results against the medium-term targets of net income of ¥440 billion and ROE of 11.7% were updated. Quarterly net income was ¥211,388 million, unchanged year on year, and annualized ROE was 8.6%, down from the same period of the previous year and below the target level. - FY2023-Q2Update on second-quarter results against medium-term targetsAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥121,776 million (down 17% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 7.4% (9.5% in the same period of the previous year)」
Cumulative second-quarter results against the medium-term targets of net income of ¥440 billion and ROE of 11.7% were updated. Quarterly net income was ¥121,776 million and annualized ROE was 7.4%, down from the same period of the previous year. - FY2023-Q1Update on first-quarter results against medium-term targetsAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥61,862 million (down 5% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 7.5% (8.6% in the same period of the previous year)」
The first-quarter results against the medium-term targets of net income of ¥440 billion and ROE of 11.7% were updated. Quarterly net income attributable to shareholders was ¥61,862 million and annualized ROE was 7.5%, down from the same period of the previous year. - FY2022ReframedAnnual report
「The medium-term targets for these management indicators are net income of ¥440 billion, ROE of 11.7%, and maintenance of financial soundness equivalent to an A-range credit rating.」
The management indicators were reset from the previous profit growth and ROE targets through the fiscal year ending March 2021 to medium-term targets of net income of ¥440 billion, ROE of 11.7%, and maintenance of financial soundness equivalent to an A-range credit rating. - FY2022-Q3Update on third-quarter results against targetsAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥211,341 million (up 49% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 9.1% (6.4% in the same period of the previous year)」
Cumulative third-quarter net income attributable to shareholders was ¥211,341 million and annualized ROE was 9.1%. Net income and ROE improved from the same period of the previous year, but remained below the medium- to long-term ROE target of 11% or higher. - FY2022-Q2Update on second-quarter results against targetsAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥146,682 million (up 56% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 9.5% (6.3% in the same period of the previous year)」
Cumulative second-quarter net income was ¥146,682 million and annualized ROE was 9.5%, an improvement from the same period of the previous year. ROE nevertheless remained below the medium- to long-term target of 11% or higher. - FY2022-Q1Update on first-quarter results against targetsAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥65,216 million (up 30% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 8.6% (6.8% in the same period of the previous year)」
First-quarter quarterly net income attributable to shareholders was ¥65,216 million and annualized ROE was 8.6%, an improvement from the same period of the previous year, but still below the medium- to long-term ROE target of 11% or higher. - FY2021Update on full-year results against targets and medium- to long-term indicatorsAnnual report
「Net income attributable to shareholders was ¥192.4 billion. ROE declined from 10.3% in the previous fiscal year to 6.4% for the fiscal year due to lower net income attributable to shareholders and higher shareholders’ equity. The company aims for ROE of 11% or higher over the medium to long term. It continues to maintain a credit rating in the A range or higher.」
Net income for the fiscal year ending March 2021 was ¥192.4 billion and ROE was 6.4%. The company reaffirmed its medium- to long-term target of ROE of 11% or higher and its policy of maintaining a credit rating in the A range or higher. - FY2021-Q3Update on third-quarter results against targetsAnnual report
「Quarterly net income attributable to shareholders was ¥142,015 million (down 42% year on year), while ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) was 6.4% (11.0% in the same period of the previous year). At the announcement of second-quarter results for the fiscal year ending March 2021, the company announced a net income forecast of ¥190 billion for the fiscal year, with no change as of the present date.」
Cumulative third-quarter net income attributable to shareholders was ¥142.015 billion and annualized ROE was 6.4%. The ¥190 billion net income forecast for the fiscal year ending March 2021 was unchanged. - FY2021-Q2Fiscal year ending March 2021 net income forecast resetAnnual report
「Although the company remains unable to foresee the outlook, when announcing its second-quarter results for the fiscal year ending March 2021, it announced a net income forecast of ¥190 billion, having determined that it was no longer necessary to assume the latter scenario of approximately ¥80 billion to ¥120 billion.」
With the impact of COVID-19 continuing, the net income forecast for the fiscal year ending March 2021 was set at ¥190 billion rather than the scenario of ¥80 billion to approximately ¥120 billion. Cumulative second-quarter net income was ¥93.8 billion and annualized ROE was 6.3%. - FY2021-Q1Update on first-quarter results against targetsAnnual report
「Quarterly net income attributable to shareholders was ¥50,048 million (down 28% year on year), while ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) was 6.8% (9.6% in the same period of the previous year).」
The first-quarter results against the profit growth and ROE targets through the fiscal year ending March 2021 were updated. Quarterly net income was ¥50,048 million and annualized ROE was 6.8%, below the previous target level of ROE of 11% or higher. - FY2020SoftenedAnnual report
「For the fiscal year, net income attributable to shareholders was ¥302.7 billion, achieving the target of ¥300 billion. ROE declined from 11.6% in the previous fiscal year to 10.3% for the fiscal year, due to lower net income and higher shareholders’ equity. The net income target for the fiscal year ending March 2021 is undetermined as of the date of submission of this securities report because it is difficult to reasonably estimate the impact of the sharp global economic slowdown associated with the spread of COVID-19 on ORIX’s results.」
The fiscal year ending March 2020 net income target of ¥300 billion was achieved at ¥302.7 billion, while ROE was 10.3%, below the target of 11% or higher. The net income target for the fiscal year ending March 2021 became undetermined due to the impact of COVID-19. - FY2020-Q3Update on third-quarter results against targetsAnnual report
「The company aims to achieve net income attributable to shareholders of ¥300 billion in the fiscal year ending March 2020. It will also continue sound financial management and make every effort to maintain an A-range credit rating. As a medium- to long-term direction, it aims to maintain ROE of 11% or higher.」
For the fiscal year ending March 2020, cumulative third-quarter net income attributable to shareholders was ¥244,319 million and annualized ROE was 11.0%. The disclosed credit ratings were R&I A+, S&P A-, Fitch A- and Moody’s A3. - FY2020-Q2ReframedAnnual report
「The company aims to achieve net income attributable to shareholders of ¥300 billion in the fiscal year ending March 2020. It will also continue sound financial management and make every effort to maintain an A-range credit rating. As a medium- to long-term direction, it aims to maintain ROE of 11% or higher.」
The management targets were revised from the previous target of 4–8% annual net income growth through the fiscal year ending March 2021 to net income of ¥300 billion for the fiscal year ending March 2020, maintenance of an A-range credit rating, and medium- to long-term maintenance of ROE at 11% or higher. - FY2020-Q1Update on quarterly results against targetsAnnual report
「Quarterly net income attributable to shareholders was ¥69,210 million (down 13% year on year), while ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) was 9.6% (11.9% in the same period of the previous year).」
The first-quarter results against the targets through the fiscal year ending March 2021 were updated. Quarterly net income attributable to shareholders declined 13% year on year, while ROE was 9.6%, below the ROE target of 11% or higher. - FY2019ROE target achieved, but profit growth below target rangeAnnual report
「Net income attributable to shareholders for the fiscal year was ¥323.7 billion, marking the tenth consecutive year of higher earnings and the fifth consecutive year of record-high net income. ROE was 11.6%, achieving the target of 11% or higher.」
Against the targets for the fiscal years ending March 2019 through March 2021, ROE was 11.6%, achieving the lower threshold of 11% or higher, while year-on-year net income growth was 3%, below the target annual growth rate of 4–8%. - FY2019-Q3AdvancedAnnual report
「Three-month period ended 31 December 2018 Quarterly net income attributable to shareholders ........................................ ¥236,207 million (down 8% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 11.5% (13.2% in the same period of the previous year)」
Regarding the targets through the fiscal year ending March 2021 of 4–8% annual net income growth and ROE of 11% or higher, the company disclosed cumulative third-quarter net income of ¥236,207 million and annualized ROE of 11.5%. ROE exceeded the lower end of the target, while net income declined 8% year on year and ROE also decreased from the same period of the previous year. - FY2019-Q2AdvancedAnnual report
「Quarterly net income attributable to shareholders ........................................ ¥155,050 million (down 7% year on year) ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 11.3% (13.0% in the same period of the previous year)」
Regarding the targets through the fiscal year ending March 2021 of 4–8% annual net income growth and ROE of 11% or higher, the company disclosed cumulative second-quarter net income of ¥155,050 million and annualized ROE of 11.3%. ROE exceeded the target level, while net income declined 7% year on year. - FY2019-Q1AdvancedAnnual report
「ROE (shareholders’ equity and annualized quarterly net income attributable to shareholders) ........ 11.9% (14.3% in the same period of the previous year)」
The company disclosed first-quarter results for the first time under the new target period through the fiscal year ending March 2021. Quarterly net income attributable to shareholders was ¥79,947 million and annualized ROE was 11.9%, exceeding the ROE target of 11% or higher, while net income declined 11% year on year. - FY2018First statedAnnual report
「From the fiscal year ending March 2019 onward, we will continue to use profitability, capital efficiency and asset efficiency as management indicators. We aim to achieve annual growth of 4–8% in net income attributable to shareholders and ROE of at least 11% over the 3 years through the fiscal year ending March 2021 by improving capital efficiency through the expansion of revenue opportunities such as fee-based businesses, and improving asset efficiency through the expansion of high-quality assets that capture business opportunities.」
Following the achievement of the previous target for the fiscal year ended March 2018, the company set annual net income growth of 4–8% and ROE of 11% or higher as its management targets for the next three years, identifying its fee-based businesses and expansion of high-quality assets as the means of achieving them.