Today I will talk about Orix Corporation.
ORIX started as a leasing business and is now,-engaged in many businesses and providing multifaceted financial services industry through a group company. The brand slogan is "Answers Custom Fit "
Although ORIX has a lot of publicity, even most Japanese people are unaware of the kind of business it does.
ORIX is engaged in mergers and acquisitions as well as aggressive overseas development.
Their wide range of businesses are the following:
· Corporate financial services (leasing, financing, various
fee services)
· Automobile related business (car lease, rental, management
service)
· Real estate-related business (real estate development, facility management)
· Environment · Energy business (renewable energy etc.)
· Overseas business (financing, asset management services, investment)
As ORIX engaged in a wide range of businesses, performance has been steadily stable and the business results for the past several years are solid.
The directors of ORIX include famous people such as former secretary who is responsible for economic policy or a president of a famous company so that ORIX can be perceived as handling big matters through personal connections.
￥1,836.5（10/5 last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: March Dividend yield 3.70% PER 7.23 PBR 0.87
Equity ratio 23.9%
Although dividend yields are not good enough, ORIX has set up a shareholder special benefit and once a year shareholders can select and get one item from the catalog gifts.
Since the catalog contains practical items such as detergents or towels, I believe it is useful for a shareholder.
ORIX shareholder special benefit ← For details, click here
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2016.3 |
2,369,202 |
287,741 |
260,169 |
199 |
45.75 |
23% |
|
2017.3 |
2,678,659 |
329,224 |
273,239 |
209 |
52.25 |
25% |
|
2018.3 |
2,862,771 |
336,195 |
313,135 |
244 |
66.00 |
27% |
|
2019.3 |
3,050,000 |
355,000 |
325,000 |
254 |
68.00 |
27% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March, 2019 is the predicted value
|
Cash flow statement |
2018.3 |
2017.3 |
|
CF operating activities |
5,466 |
5,839 |
|
CF investing activities |
▲4,115 |
▲2,376 |
|
CF financing activities |
1,435 |
▲334 |
※One unit is one hundred million yen
Note: You should be responsible for your own investment. Please make your own final judgment.