Business Context and Reporting Period
Company: ORIX Corporation (ORIX Group)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: December 2, 2024
Reporting Period: This filing reports on a specific corporate action completed on December 2, 2024, regarding the disposal of own shares as restricted stock. It is not a periodic financial results report.
Key Financial Metrics
This filing does not contain consolidated revenue, profit, cash flow, margins, debt, or liquidity metrics. The financial data provided is limited to the specific transaction of restricted stock disposal:
- Shares Disposed: 141,300 shares of Common stock (revised from 141,700).
- Disposal Price: 3,363 Yen per share.
- Total Value of Disposal: 475,191,900 Yen (revised from 476,537,100 Yen).
- Allottees: 315 total individuals (234 Company employees and 81 subsidiary employees).
Material Changes Versus Prior Period
The filing details minor adjustments to a plan originally announced on October 2, 2024:
- Share Count: Decreased by 400 shares (from 141,700 to 141,300).
- Total Value: Decreased by 1,345,200 Yen.
- Allottee Count: Decreased by one employee (from 235 to 234).
- Reason for Change: Partial forfeiture occurred because one individual scheduled for allotment no longer fulfilled the requirements at the time of allotment.
Guidance, Outlook, and Risks
Management Commentary: Management states that the impact of these changes on the consolidated financial results for the fiscal year ending March 31, 2025, will be minimal.
Risks and Contingencies: The filing includes a standard caution concerning forward-looking statements, noting that actual results may differ materially due to risks and uncertainties described in the Company's Form 20-F and previous Form 6-K filings.
Important Facts for Investor Verification
- Verify the final number of restricted shares allotted (141,300) against the initial plan (141,700) to confirm the forfeiture details.
- Confirm that the disposal price of 3,363 Yen per share aligns with the market price or valuation methodology used at the time of the October 2, 2024 decision.
- Note that this filing does not provide updated quarterly or annual financial performance data; investors should refer to the most recent Form 20-F or earnings releases for comprehensive financial metrics.