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Foreign Ownership of Sony, Orix and Suzuki Motors and 27 Other Companies in Japan Drops

Foreign investors are continuing to sell Japanese shares. Three such companies with high foreign ownership ratios have been declining considerably.Of the 40 firms listed in the first section of the Tokyo Stock Exchange with high foreign ownership ratios, 27 companies saw their foreign ownership stakes drop as of Sept. 30. The leasing firm Orix - foreign [...]

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Foreigners Own Less Than 60% Of Orix, Under Half Of Sony

Foreigners Own Less Than 60% Of Orix, Under Half Of SonyTOKYO (Nikkei)--With foreign investors continuing to sell Japanese shares, their combined stakes in firms with high foreign ownership ratios, such as Orix Corp. (8591) and Sony Corp. (6758), have been declining considerably.

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Statute of Limitations Cannot be Asserted Sua Sponte

Orix Fin. Servs., Inc. v Haynes, 2008 NY Slip Op 09270 (App. Div., 1st)Order, Supreme Court, New York County (Jane S. Solomon, J.), entered September 6, 2007, which, in an action on a "conditional sale contract note," denied plaintiff's unopposed...

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Orix To Issue Y150bn Convertible Bonds

Orix To Issue Y150bn Convertible BondsTOKYO (Dow Jones)--Orix Corp. (8591) said Thursday that it is planning to issue Y150 billion worth of convertible bonds on Dec. 17 or Dec. 18.

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Orix To Float Y150bn In Convertible Bonds This Month

Orix To Float Y150bn In Convertible Bonds This MonthTOKYO (Nikkei)--Orix Corp. (8591) is expected to issue about 150 billion yen in convertible bonds later this month to shore up its financial base.

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Orix Life Raises Y10bn In Fresh Capital Via Private Placement

Orix Life Raises Y10bn In Fresh Capital Via Private PlacementTOKYO (Nikkei)--Orix Life Insurance Corp. said Thursday that it has issued 10 billion yen in new shares in a private placement to parent Orix Corp. (8591).

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Orix 2Q Net Pft Sinks 50% As Invest Bk Op Losses Weigh

Orix 2Q Net Pft Sinks 50% As Invest Bk Op Losses WeighTOKYO (Dow Jones)--Orix Corp. (8591) said Friday its net profit in the July-September period sank 50% on year due in part to losses at its investment banking business.

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Orix Sees 38% Net Profit Slide On Investment Banking Results

Orix Sees 38% Net Profit Slide On Investment Banking ResultsTOKYO (Nikkei)--Orix Corp. (8591) said Wednesday that it now expects its group net profit to tumble 38% to 105 billion yen for the year through March 31, rather than increasing 3% to 175 billion yen as forecast earlier.

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Fitch upgrades Lanka ORIX Finance Company to 'A-(lka)'

Nov 05, Colombo: Fitch Ratings Lanka has today upgraded Lanka ORIX Finance Company Ltd's (LOFIN) National Long-term rating to 'A-(lka)' (A minus (lka)) from 'BBB+(lka)'.

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Orix, Credit Saison Forgo Union Amid Financial Instability

Orix, Credit Saison Forgo Union Amid Financial InstabilityTOKYO (Nikkei)--Orix Corp. (8591) and Credit Saison Co. (8253) have ended talks on a merger that would have created one of the biggest nonbank lenders in Japan, deeming that financial market conditions have become too uncertain, multiple sources confirmed Friday.

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ORIX Venture Finance Provides Financing for SkyBitz Inc.

NEW YORK & STERLING, Va.--(BUSINESS WIRE)--ORIX Venture Finance and SkyBitz Inc. announced today the closing of an $8 million loan, comprised of a $3 million A/R-based revolving loan and a

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The Griddle: Fighters move on in Pacific League playoffs; Lions up next

The defending Pacific League Champion Hokkaido Nippon Ham Fighters wrapped up a 2-0 series win in the first stage of the league's Climax Series with a 7-2 victory over the Orix Buffaloes at the Kyocera Dome in Osaka.

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ME LOOKIN' AT YU':

Ace Darvish holds Orix at arm's length (JASON COSKREY, 1-0/12/08, Japan Times) Spot Yu Darvish a run and more times than not he's going to win. Give him a couple more and it's pretty much academic. Darvish kept the powerful Orix Buffaloes at bay and the Hokkaido Nippon Ham Fighters strung together a couple of timely hits to win Game 1 of the first stage of the Pacific League Climax Series 4-1 on Saturday...

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The Griddle: Fighters grab Game 1 of Pacific League playoffs

The defending Pacific League champion Hokkaido Nippon Ham Fighters won the first game of their best of three first round playoff series against the Orix Buffaloes with a 4-1 win at the Kyocera Dome in Osaka.

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Ace Darvish holds Orix at arm's length

OSAKA — Spot Yu Darvish a run and more times than not he's going to win. Give him a couple more and it's pretty much academic. Darvish kept the powerful Orix Buffaloes at bay and the Hokkaido Nippon Ham Fighters strung together a couple of timely hits to win Game 1 of the first stage of the Pacific League Climax Series 4-1 on Saturday afternoon at Kyocera Dome. Read the full story