← ORIX CORP

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in net income of equity method investments — — — — — ($24.6b) ($22.1b) ($36.8b) ($57.2b) ($123.9b) —
Net Income (Loss) Attributable to Parent $273.2b
$321.6b +17.70%
$323.7b +0.67%
$302.7b -6.50%
$192.4b -36.44%
$312.1b +62.25%
$273.1b -12.51%
$346.1b +26.75%
$351.6b +1.59%
$447.3b +27.20%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $280.9b — $327.0b $306.7b $196.8b $317.6b $279.7b $338.6b $351.6b $458.3b —
Depreciation and amortization $253.7b $279.9b $295.6b $304.2b $316.0b $330.4b $353.4b $364.2b $399.5b $404.8b $404.8b
Amortization of Debt Issuance Costs and Discounts $924.0m — $1.0b $989.0m $1.0b $1.0b $1.1b $1.2b $1.5b $1.6b —
Amortization of Intangible Assets $26.3b — $31.8b $32.2b $28.7b $32.2b $34.2b $39.2b $41.4b $41.4b —
Deferred Policy Acquisition Costs, Amortization Expense $14.3b — $19.6b $20.6b $21.9b $21.2b $26.0b ($18.2b) ($19.2b) ($20.7b) —
Depreciation Amortization Depletion — — — — — — $340.3b $364.2b $399.5b $404.8b $404.8b
Deferred Income Tax Expense (Benefit) $25.3b — ($35.1b) $14.9b $25.5b $12.2b $29.2b $20.0b $23.3b $90.4b $90.4b
Deferred tax provision $25.3b $5.6b ($35.1b) $14.9b $25.5b $12.2b $29.2b $20.0b $23.3b $90.4b —
Goodwill, Impairment Loss $2.8b — $0 $0 $1.5b $562.0m $0 $0 $6.7b $53.0b $16.2b
Impairment of Intangible Assets (Excluding Goodwill) $9.1b — $2.4b $3.0b $3.0b — — — — — —
Impairment of Intangible Assets, Finite-lived $411.0m — $606.0m $329.0m — — — — — — —
Asset Impairment Charge — — — — — — $2.3b $1.7b $25.9b $16.2b $16.2b
Income (Loss) from Equity Method Investments $26.5b — $33.0b $67.9b $481.0m $15.0b $25.1b $36.8b $57.2b $123.9b —
Gains on sales of subsidiaries and equity method investments and liquidation losses, net — — — — — ($192.0b) ($33.0b) ($72.5b) ($87.7b) ($111.3b) —
Investments in equity method investees, net — — — — — ($40.4b) ($66.2b) ($166.6b) ($65.0b) ($30.9b) —
Proceeds from sales of equity method investments — — — — — $54.6b $104.4b $24.0b $95.8b $131.8b —
Earnings (Loss)es From Equity Investments — — — — — — ($22.1b) ($36.8b) ($57.2b) ($123.9b) ($123.9b)
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — ($23.9b) $228.7b $271.1b $380.7b $380.7b
Change In Receivables — — — — — — $13.0b $5.2b ($2.6b) $4.6b $4.6b
Changes In Account Receivables — — — — — — $13.0b $5.2b ($2.6b) $4.6b $4.6b
Increase (Decrease) in Inventories $5.3b — ($6.9b) ($11.9b) $12.1b $7.1b $17.5b $58.1b $9.8b $39.8b —
Inventory Write-down $916.0m — $703.0m $863.0m $2.5b $10.5b $1.2b $2.3b — — —
Increase in inventories ($5.3b) $10.6b $6.9b $11.9b ($12.1b) ($7.1b) ($17.5b) ($58.1b) ($9.8b) ($39.8b) —
Change In Other Current Assets — — — — — — ($17.5b) ($58.1b) ($9.8b) ($39.8b) ($39.8b)
Other Operating Income (Expense), Net $4.4b — ($1.3b) ($14.9b) ($17.1b) ($20.5b) ($14.4b) $4.7b ($27.1b) ($58.8b) —
Net Cash Provided by (Used in) Operating Activities $584.0b
$546.6b -6.39%
$587.7b +7.51%
$1.0t +77.39%
$1.1t +5.10%
$1.1t +0.70%
$913.1b -17.25%
$1.2t +36.18%
$1.3t +4.57%
$1.4t +5.34%
$1.4t 0.00%
Cash flows from investing activities:
Purchases of lease equipment ($95.6b) ($80.1b) ($62.2b) ($44.5b) ($44.0b) ($44.3b) ($103.6b) ($76.7b) ($69.1b) ($75.1b) —
Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded — — — — — $21.0m ($21.0m) $445.0m $173.0m $2.0b —
Gain (Loss) on Investments $27.2b — $14.3b — — $54.6b $30.3b $30.7b $11.8b $127.0b ($679.0m)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $105.3b — $73.2b $82.8b $31.9b $90.5b $44.5b $47.3b $257.3b $161.2b —
Purchases of available-for-sale debt securities ($452.5b) ($372.2b) ($556.2b) ($712.0b) ($709.3b) ($526.5b) ($515.9b) ($570.2b) ($700.4b) ($539.9b) —
Proceeds from sales of available-for-sale debt securities $496.2b $395.6b $221.8b $249.4b $285.8b $239.2b $323.8b $197.6b $289.2b $341.6b —
Proceeds from redemption of available-for-sale debt securities $105.3b $97.6b $73.2b $82.8b $31.9b $90.5b $44.5b $47.3b $257.3b $161.2b —
Payments to Acquire Businesses, Net of Cash Acquired $79.4b — $119.1b $134.9b $82.2b $87.6b $206.8b $42.5b $89.9b $129.0b ($129.0b)
Acquisitions of subsidiaries, net of cash acquired ($79.4b) ($66.4b) ($119.1b) ($134.9b) ($82.2b) ($87.6b) ($206.8b) ($42.5b) ($89.9b) ($129.0b) —
Payments for (Proceeds from) Other Investing Activities $26.6b — ($37.8b) $17.7b $15.8b ($22.1b) ($5.7b) ($12.5b) ($25.0b) $12.0b —
Net Other Investing Changes — — — — — — $1.4b $12.5b $25.0b ($12.0b) ($12.0b)
Net Cash Provided by (Used in) Investing Activities ($237.6b) ($411.6b) ($874.0b) ($1.5t) ($1.2t) ($808.8b) ($1.1t) ($1.4t) ($1.3t) ($1.1t) ($1.1t)
Cash flows from financing activities:
Debt and Equity Securities, Gain (Loss) — — $10.2b $18.9b $15.2b $22.3b $8.7b $3.9b ($6.8b) $679.0m —
Net increase (decrease) in debt with maturities of three months or less $793.0m $50.9b ($50.9b) $16.2b ($42.1b) $96.4b $20.4b $10.8b ($98.6b) $55.4b —
Proceeds from debt with maturities longer than three months $1.3t $1.5t $1.1t $924.8b $1.2t $950.2b $1.8t $1.2t $1.5t $1.2t —
Repayment of debt with maturities longer than three months ($1.5t) ($1.4t) ($932.7b) ($832.9b) ($1.0t) ($1.2t) ($1.2t) ($1.2t) ($1.4t) ($1.2t) ($1.2t)
Issuance Of Debt — — — — — — $1.8t $1.2t $1.5t $1.2t $1.2t
Long Term Debt Issuance — — — — — — $1.8t $1.2t $1.5t $1.2t $1.2t
Long Term Debt Payments — — — — — — ($1.2t) ($1.2t) ($1.4t) ($1.2t) ($1.2t)
Net Issuance Payments Of Debt — — — — — — $687.5b $51.8b $132.7b ($6.4b) ($6.4b)
Net Long Term Debt Issuance — — — — — — $662.1b $41.1b $181.3b ($6.8b) ($6.8b)
Net Short Term Debt Issuance — — — — — — $25.4b $10.8b ($48.6b) $427.0m $427.0m
Short Term Debt Issuance — — — — — $96.4b $25.4b $10.8b $50.0b — $55.4b
Short Term Debt Payments — — — — — ($7.5b) — — ($98.6b) — ($55.0b)
Payments for Repurchase of Common Stock $12.1b — $707.0m $45.7b $55.4b $50.0b $52.1b $50.0b $53.5b $150.0b —
Common Stock Dividend Paid — — — — — — ($106.3b) ($99.9b) ($135.6b) ($170.8b) ($170.8b)
Common Stock Payments — — — — — — ($52.1b) ($50.0b) ($53.5b) ($150.0b) ($150.0b)
Net Common Stock Issuance — — — — — — ($52.1b) ($50.0b) ($53.5b) ($150.0b) ($150.0b)
Repurchase Of Capital Stock — — — — — — ($52.1b) ($50.0b) ($53.5b) ($150.0b) ($150.0b)
Dividends paid $61.3b — $88.4b $103.8b $95.2b $99.4b $106.3b $99.9b $135.6b $170.8b ($170.8b)
Dividends Payable — — $59.0b $51.5b $52.4b $55.7b — $64.4b — — —
Cash dividends paid to ORIX Corporation Shareholders ($61.3b) ($72.8b) ($88.4b) ($103.8b) ($95.2b) ($99.4b) ($106.3b) ($99.9b) ($135.6b) ($170.8b) ($170.8b)
Proceeds from (Payments for) Other Financing Activities ($5.4b) — ($11.0b) ($3.5b) ($12.7b) ($17.0b) ($17.8b) ($1.3b) ($1.3b) ($9.7b) —
Net Other Financing Charges — — — — — — ($60.2b) $14.2b $1.7b ($8.9b) ($8.9b)
Net Cash Provided by (Used in) Financing Activities ($33.5b)
$143.6b +529.13%
$166.6b +16.06%
$288.7b +73.24%
$39.9b -86.19%
($306.6b) -868.77%
$438.3b +242.95%
($85.5b) -119.50%
$149.3b +274.69%
($160.5b) -207.51%
($160.5b) 0.00%
Net increase (decrease) in Cash, Cash Equivalents and Restricted Cash $321.8b $271.9b ($121.5b) ($148.3b) ($55.7b) $12.2b $275.1b ($181.6b) $136.7b $129.1b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($121.5b) ($148.3b) ($55.7b) $12.2b $275.1b ($181.6b) $136.7b $129.1b $1.5t
Cash, Cash Equivalents and Restricted Cash at Beginning of Year $1.1t $1.4t $1.3t $1.1t $1.1t $1.1t $1.4t $1.2t $1.3t $1.5t —
Beginning Cash Position — — — — — — $1.1t $1.4t $1.2t $1.3t $1.3t
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $1.3t $1.1t $1.1t $1.1t $1.4t $1.2t $1.3t $1.5t $1.5t
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($1.9b) ($9.0b) $12.0b $24.3b $22.2b $33.3b ($3.1b) $34.8b $34.8b
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash ($3.0b) $1.2b ($1.9b) ($9.0b) $12.0b $24.3b $22.2b $33.3b ($3.1b) $34.8b $34.8b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $71.3b — $92.4b $99.8b $80.3b $66.0b $117.8b $182.6b $168.1b $188.6b —
Income Taxes Paid, Net — — — — — — — — — $114.7b —
Additional Financial Items
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — — $26.1b $18.1b $53.3b $4.4b $170.1b —
Goodwill $341.2b — $430.7b $443.8b $495.3b $488.9b $627.7b $631.8b $621.9b $773.6b $16.2b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $273.2b — — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — — — —
Income Tax Expense (Benefit) $144.0b — $68.7b $105.8b $90.7b $187.3b $87.5b $131.4b $128.8b $233.1b —
Investment Income, Interest $14.0b — $14.7b $13.7b $11.9b $12.7b $19.9b $26.3b $29.1b $37.8b —
Operating Lease, Lease Income — — — $430.7b $397.1b $450.5b $499.5b $535.5b $624.4b $641.2b —
Proceeds from Noncontrolling Interests $5.6b — $22.8b $24.0b $24.5b $25.9b $3.9b $15.6b $3.6b $1.4b —
Proceeds from Stock Options Exercised $81.0m — $225.0m — — — — — — — —
Provision for Loan, Lease, and Other Losses $22.7b — $22.5b $24.4b $0 $0 — $440.0m $5.3b $7.2b $34.0b
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $23.6b $9.8b $12.7b $21.0b $13.3b $24.8b —
Principal payments received under net investment in leases — $0 $0 $474.1b $419.9b $462.5b $489.4b $475.7b $495.7b $505.4b —
Provision for credit losses — — $0 $0 $16.0b $3.9b $7.8b $21.0b $18.7b $34.0b —
Bargain purchase gain ($5.8b) $0 $0 ($955.0m) ($5.0b) $0 ($1.2b) $0 ($3.8b) $0 —
(Gains) Losses on sales of securities other than trading ($30.9b) ($32.1b) ($10.2b) ($18.9b) ($15.2b) ($22.3b) ($8.7b) ($3.9b) $6.8b ($679.0m) —
Gains on sales of operating lease assets ($69.3b) ($35.3b) ($62.9b) ($51.1b) ($26.4b) ($40.1b) ($56.9b) ($53.4b) ($76.6b) ($70.1b) —
Write-downs of long-lived assets $9.1b $5.5b $2.4b $3.0b $3.0b $35.7b $2.3b $1.7b $25.9b $16.2b —
Write-downs of securities $6.6b $1.2b $1.4b $12.0b $5.9b $730.0m $824.0m $315.0m $554.0m $1.7b —
(Increase) Decrease in trading securities $159.8b $144.4b $95.4b $63.7b $12.1b $68.4b $31.9b ($8.0b) $28.5b ($6.6b) —
(Increase) Decrease in trade notes, accounts and other receivable $8.4b ($14.0b) ($5.6b) $12.3b ($12.7b) $3.6b $13.0b $5.2b ($2.6b) $4.6b —
Increase (Decrease) in trade notes, accounts and other payable ($6.7b) $17.8b $11.0b ($3.9b) ($1.9b) $14.9b ($12.2b) ($4.4b) ($3.9b) $1.1b —
Increase in policy liabilities and policy account balances ($103.9b) ($53.5b) $10.1b $70.1b $230.9b $141.2b $101.7b $186.2b $268.3b $395.6b —
Increase (Decrease) in income taxes payable $67.9b ($74.2b) $36.8b ($33.3b) ($11.0b) $92.0b ($128.9b) $107.9b ($9.2b) $25.9b —
Other, net ($17.5b) ($4.9b) ($11.0b) ($3.5b) ($12.7b) ($17.0b) ($17.8b) ($1.3b) ($1.3b) ($9.7b) —
Originations of installment loans ($1.3t) ($1.4t) ($1.5t) ($1.5t) ($1.2t) ($1.2t) ($1.3t) ($1.4t) ($1.5t) ($1.6t) —
Principal collected on installment loans $1.1t $1.2t $1.2t $1.1t $1.1t $1.2t $1.3t $1.4t $1.3t $1.5t —
Proceeds from sales of operating lease assets $321.3b $286.0b $429.3b $339.5b $138.9b $147.1b $233.5b $262.7b $373.8b $352.5b —
Purchases of equity securities other than trading ($36.5b) ($67.1b) ($67.0b) ($53.6b) ($56.3b) ($94.2b) ($67.5b) ($57.8b) ($76.8b) ($98.0b) —
Proceeds from sales of equity securities other than trading $85.4b $104.6b $83.3b $34.1b $30.5b $71.9b $44.2b $54.7b $31.6b $141.8b —
Sales of subsidiaries, net of cash disposed $55.5b $57.2b $56.6b $91.8b $57.7b $252.9b $20.0b $139.5b $111.0b $39.7b —
Net increase (decrease) in deposits due to customers $216.1b $143.3b $169.8b $304.2b $85.7b ($42.6b) ($30.6b) ($1.6b) $204.0b $175.6b —
Acquisition of treasury stock ($12.1b) ($39.1b) ($707.0m) ($45.7b) ($55.4b) ($50.0b) ($52.1b) ($50.0b) ($53.5b) ($150.0b) —
Contribution from noncontrolling interests $5.6b $4.7b $22.8b $24.0b $24.5b $25.9b $3.9b $15.6b $3.6b $1.4b —
Purchases of shares of subsidiaries from noncontrolling interests ($25.8b) ($11.3b) ($86.2b) ($4.5b) ($4.8b) ($2.1b) ($46.3b) ($108.0m) ($521.0m) ($585.0m) —
Net increase (decrease) in call money ($14.5b) ($18.0b) $20.0b $10.0b ($17.5b) ($7.5b) $5.0b $0 $50.0b ($55.0b) —
Cash Flow From Continuing Financing Activities — — — — — — $438.3b ($85.5b) $149.3b ($160.5b) ($160.5b)
Cash Flow From Continuing Investing Activities — — — — — — ($1.1t) ($1.4t) ($1.3t) ($1.1t) ($1.1t)
Change In Account Payable — — — — — $14.9b ($12.2b) ($4.4b) — — ($4.4b)
Change In Cash Supplemental As Reported — — — — — — $275.1b ($181.6b) $136.7b $129.1b —
Change In Other Working Capital — — — — — — $121.8b $178.2b $296.7b $389.1b $389.1b
Change In Payable — — — — — — ($141.1b) $103.5b ($13.1b) $26.9b ($4.4b)
Change In Tax Payable — — — — — — ($128.9b) $107.9b ($9.2b) $25.9b $25.9b
Changes In Cash — — — — — — $252.9b ($214.9b) $139.8b $94.4b $94.4b
End Cash Position — — — — — — $1.4t $1.2t $1.3t $1.5t $1.5t
Financing Cash Flow — — — — — — $438.3b
($85.5b) -119.50%
$149.3b +274.69%
($160.5b) -207.51%
($160.5b) 0.00%
Free Cash Flow — — — — — — ($167.0b) $42.5b ($57.5b) $37.1b $37.1b
Gain Loss On Investment Securities — — — — — — ($2.7b) ($3.9b) $6.8b ($679.0m) ($679.0m)
Gain Loss On Sale Of Business — — — — — — ($33.0b) ($72.5b) ($87.7b) ($111.3b) ($111.3b)
Gain Loss On Sale Of PPE — — — — — — ($56.9b) ($53.4b) ($76.6b) ($70.1b) ($70.1b)
Investing Cash Flow — — — — — — ($1.1t) ($1.4t) ($1.3t) ($1.1t) ($1.1t)
Net Business Purchase And Sale — — — — — — ($186.8b) $97.0b $21.2b ($89.3b) ($89.3b)
Net Investment Purchase And Sale — — — — — — ($128.5b) ($471.1b) ($168.3b) $107.6b $107.6b
Net PPE Purchase And Sale — — — — — — ($846.6b) ($938.1b) ($983.9b) ($979.9b) ($979.9b)
Operating Gains Losses — — — — — — ($113.8b) ($166.3b) ($214.2b) ($304.3b) ($304.3b)
Other Non Cash Items — — — — — — $366.3b $435.5b $424.1b $289.4b —
Purchase Of Business — — — — — — ($206.8b) ($42.5b) ($89.9b) ($129.0b) ($129.0b)
Purchase Of Investment — — — — — — ($637.6b) ($794.7b) ($842.2b) ($668.8b) ($668.8b)
Purchase Of PPE — — — — — — ($1.1t) ($1.2t) ($1.4t) ($1.3t) ($1.3t)
Sale Of Business — — — — — — $20.0b $139.5b $111.0b $39.7b $39.7b
Sale Of Investment — — — — — — $509.1b $323.6b $673.9b $776.4b $776.4b
Sale Of PPE — — — — — — $233.5b $262.7b $373.8b $352.5b $352.5b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.