EarningsQ4 2026 Earnings Report
MX:8591N Q4 2026 EPS Results
Actual EPS$6.20
Consensus EPS$6.34
Beat/MissMissed by -$0.14
One Year Ago EPS$8.09
MX:8591N Q4 2026 Revenue Results
Actual Revenue$106.07B
Expected Revenue$48.09B
Beat/MissBeat by +$57.98B
YoY Revenue Growth+27.98%
Earnings Announcement Details
QuarterQ4 2026
Date05/11/2026
TimeBefore Open
Conference CallMonday, May 11, 2026
MX:8591N Upcoming Earnings
ORIX's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:8591N Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong financial results (record net income, substantial pretax profit growth, improved ROE) and generous shareholder returns alongside clear strategic actions (portfolio optimization, reorganization, enhanced risk management and a push to grow AUM). However, meaningful challenges were disclosed: large impairments (notably at ORIX USA), dependency on one‑off gains (Greenko, bank sale), credit and U.S. recovery risks, geopolitical headwinds in China and Middle East exposure, and accounting/valuation uncertainty that could affect future reported profits. On balance, the company demonstrated robust performance and proactive strategic positioning, but with notable near-term risks tied to asset recycling timing and regional/sector volatility.Company Guidance
Record Net Income and ROE Improvement
Net income for FY ended Mar 2026 was JPY 447.3 billion, exceeding the revised full-year forecast of JPY 440 billion and marking a third consecutive record; net income rose JPY 95.6 billion or 27% year-over-year. ROE improved to 10.4%, up 1.6 percentage points from the prior year.
Strong Pretax Profit Growth
Group pretax profits reached JPY 691.4 billion for FY Mar 2026, up JPY 211 billion or 44% year-over-year, driven by gains across finance, operations and investments.
Investment Segment Outperformance
Investment category segment profits increased JPY 138.1 billion or 82% year-over-year, driven principally by gains from the sale/valuation of Greenko, large real estate gains and profits from PE investments including Toshiba; investment ROE improved from 7.4% to 13.6%.
Operational Profitability and Asset Efficiency
Operations segment delivered solid performance (hotels, airport concessions, Rentec automobiles and ships) with segment profits up JPY 37 billion or 18% year-over-year; operation ROE rose to 13.9% from 13.5% and ROA improved over the past five years by ~1.0 percentage point.
Ambitious FY27 Guidance
FY ending Mar 2027 guidance targets net income of JPY 530 billion (up JPY 82.7 billion) and a group ROE target of 11.7%; consolidated pretax profit guidance of JPY 760 billion (up JPY 68.6 billion or 10% year-over-year).
Material Shareholder Returns Lifted
FY26 dividend per share was a record JPY 156.1 (up 30% year-on-year). Company executed full JPY 150 billion buyback and canceled shares >2% outstanding. For FY27, DPS guided at JPY 187.36 (39% payout) and a JPY 250 billion buyback announced (up JPY 100 billion), with a projected total return ratio of 85.9%.
Strategic Portfolio Optimization and Corporate Reorganization
Management implemented organizational reform (five business and five corporate units, CXO system) and pursued portfolio optimization (sales of Greenko stake, ORIX Asset Management, and announced sale of ORIX Bank) to improve capital efficiency and speed decision-making.
Enhanced Risk & Capital Management and Business-Model Shift
Integrated finance deal screening with portfolio management, strengthened risk visualization and quantitative assessment, and announced a strategic shift toward asset-manager type model and expanding AUM/fee income through asset rotation and new business creation (e.g., Hilco Global, Osaka IR).
MX:8591N Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed