Business Context and Reporting Period
This Form 6-K filing by ORIX Corporation, dated August 7, 2026, addresses a discrepancy in the standalone financial results of its consolidated subsidiary, Ubiteq, INC. The filing covers the fiscal year ended June 30, 2026, and provides comparative data for prior fiscal years to clarify historical performance.
Key Financial Metrics: Ubiteq, INC.
The following table details the standalone financial results for Ubiteq, INC. (in JPY million), as corrected in this filing:
| Metric | FY Ended June 30, 2026 | FY Ended June 30, 2025 | FY Ended June 30, 2024 | FY Ended June 30, 2023 | FY Ended June 30, 2022 |
|---|---|---|---|---|---|
| Net Sales | 1,135 | 1,053 | 782 | 719 | 910 |
| Operating Income (Loss) | 57 | (167) | (260) | (232) | (200) |
| Ordinary Income (Loss) | 59 | (166) | (258) | (233) | (197) |
| Net Income (Loss) | 57 | (493) | (354) | (294) | (199) |
ORIX Corporation's consolidated financial metrics, including total revenue, profit, cash flow, and debt levels, are not provided in this specific filing.
Material Changes and Trends
- Turnaround in FY2026: Ubiteq reported a significant improvement in FY2026, moving from a net loss of JPY 493 million in FY2025 to a net profit of JPY 57 million. Operating income also turned positive at JPY 57 million.
- Sales Growth: Net sales increased by 7.8% year-over-year in FY2026 compared to FY2025.
- Historical Volatility: Prior to FY2026, Ubiteq experienced consecutive years of losses, with the largest net loss occurring in FY2025 (JPY 493 million).
Management Commentary and Outlook
ORIX Corporation stated that the impact of this correction on its consolidated earnings forecast is expected to be immaterial. The filing includes standard cautionary language regarding forward-looking statements, noting that actual results may differ due to risks and uncertainties described in the company's Form 20-F and other risk factor disclosures.
Investor Verification Checklist
- Verify the immateriality of this correction against ORIX's total consolidated earnings for the fiscal year ended June 30, 2026.
- Review the full Form 20-F for ORIX Corporation to understand the broader context of the Ubiteq subsidiary within the group's portfolio.
- Confirm the specific accounting adjustments made to Ubiteq's prior year figures that necessitated this disclosure.
- Assess the sustainability of Ubiteq's return to profitability in FY2026 given its history of losses.