InvestmentMay 21, 2026, 07:46 AM
ORIX expects ¥70B increase in Q1 FY2027 Net Income from Toshiba
AI Summary
ORIX Corporation announced an update on the estimated financial impact on its consolidated results for the first quarter of the fiscal year ending March 31, 2027. Following Toshiba Corporation's full-year results for FY2026, ORIX expects to recognize approximately ¥179.8 billion (before tax) in Equity in Net Income of Equity method investments. This is anticipated to result in an additional increase of approximately ¥70.0 billion in Net Income Attributable to ORIX Corporation Shareholders for Q1 FY2027. The company also filed an extraordinary report regarding this event, noting that the full-year impact for FY2027 remains uncertain and may fluctuate.
Key Highlights
- ORIX expects an additional ¥70.0 billion increase in Q1 FY2027 Net Income Attributable to Shareholders.
- Anticipates recognizing approximately ¥179.8 billion (before tax) in Equity in Net Income of Equity method investments.
- Impact stems from Toshiba's gains on sale and valuation gains related to Kioxia shares in Q4 FY2026.
- These gains will be reflected in ORIX's consolidated financial results for the first quarter of FY2027.
- The full-year FY2027 impact cannot be reasonably determined and may fluctuate.
- ORIX's FY2027 consolidated earnings forecast projects Net Income Attributable to Shareholders of ¥530.0 billion.
Price Impact
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