We forecast Orix will maintain capitalization above 10% of its RAC ratio for the next one to two years. Pressure on Orix's profitability and asset quality is abating and will remain manageable; we now expect the company to maintain strong profitability and a solid business base in comparison with peers. Based on the above, we are revising the outlook on the long-term issuer credit rating on Orix to stable from negative and affirming our ratings on the company at 'A-'. The stable outlook reflects our view that Orix will maintain its strong capitalization relative to risk assets and retain a solid business base in the next one to two years. TOKYO (S&P Global Ratings) Aug. 31, 2021--S&P Global Ratings today
