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Dec 31, 2024
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Orix Q3 2024 Earnings Report
Orix reported strong revenue growth and increased profitability in Q3 2024.
Key Takeaways
Orix Corporation reported a 5.4% increase in total revenue, reaching ¥2,154,484 million. Operating income rose by 9.3% to ¥290,724 million, while net income attributable to shareholders surged 24% to ¥271,777 million. Earnings per share saw a significant jump, reflecting the company's strong financial performance for the quarter.
Total revenue increased 5.4% year-on-year to ¥2,154,484 million.
Net income attributable to shareholders rose 24% to ¥271,777 million.
Operating income grew by 9.3% to ¥290,724 million.
Basic earnings per share increased to ¥237.46 from ¥188.68 last year.
Orix
Orix
Orix Revenue by Segment
Orix Revenue by Geographic Location
Revenue by Segment
Financial Services Revenue
CapyFin.comReal Estate Revenue
CapyFin.comPrivate Equity Revenue
CapyFin.comEnergy Revenue
CapyFin.comInsurance Revenue
CapyFin.comBanking Revenue
CapyFin.comAviation and Shipping Revenue
CapyFin.comORIX USA Revenue
CapyFin.comORIX Europe Revenue
CapyFin.comAsia & Australia Revenue
CapyFin.comRevenue by Geographic Location
Japan Revenue
CapyFin.comNorth America Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia-Pacific Revenue
CapyFin.com Forward Guidance
Orix expects continued revenue growth driven by strong performance in financial services and energy segments, but faces headwinds from global economic uncertainty.
Positive Outlook
- Projected revenue growth across multiple business segments.
- Strong financial performance in aircraft and shipping investments.
- Continued expansion in life insurance and banking operations.
- Higher expected income from renewable energy projects.
- Increased investment in global asset management boosting profitability.
Challenges Ahead
- Potential impact of global economic slowdown on financial services.
- Decline in finance revenues due to interest rate fluctuations.
- Regulatory uncertainties in banking and insurance segments.
- Volatility in foreign exchange rates impacting international revenues.
- Higher costs of operations affecting profit margins.