TOKYO, May 15 (Pulse News Wire) – Orix Corporation (8591.T) announced today that its consolidated earnings for the first quarter of fiscal year 2027 could be affected by Toshiba Corporation’s (TYO: 6502) fiscal year 2026 results. Toshiba reported a related gain of ¥2 trillion associated with Kioxia Holdings Corp.
In its fiscal year 2026 annual performance. Orix indirectly holds shares of Toshiba through TB Investment Limited Partnership, which applies equity method accounting.
The partnership's fourth-quarter fiscal year 2026 performance and related gains from securities investments will be reflected in Orix's first quarter fiscal year 2027 consolidated earnings. Further details on how this will impact Orix's net income attributable to shareholders for the fiscal year 2027 are currently being assessed.
Once a reasonable estimate is available, Orix will disclose the information publicly.
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