In its core domestic leasing business, ORIX Corp. has established a relatively solid customer base, consisting mainly of SMEs, and has excellent expertise in providing financial products and services. Aided by these strengths, ORIX is aggressively diversifying its operations. The company's existing corporate businesses include corporate lending, leasing, real estate-related services, life insurance, and investment banking. Recently, it has launched some retail services, including online/telephone banking, housing loans, and credit card loans. ORIX's operating performance has remained stable for the past few years, backed by its business diversification and its comparatively conservative risk management policies. ORIX has been strengthening its capitalization through steady profit accumulation. The company has limited asset growth by focusing on highly profitable assets, and its debt-to-equity
