Casino resort frontrunner MGM says winning and building Osaka facility by 2025 is tough but doable
Over the next few months, the government is expected to debate the structure of a new regulatory committee that will oversee so-called integrated resort complexes containing casinos and draft a basic policy specifying the selection criteria for such facilities. For Osaka, considered the frontrunner of ...
Japan's Orix to buy U.S. financial firm NXT Capital for ¥100 billion
Financial services firm Orix Corp. said Monday it has agreed to purchase U.S. lender NXT Capital Inc. for over ¥100 billion ($900 million) to strengthen its competitiveness in the U.S. market. The transaction, to be completed in August, will bring the Chicago-based firm under Orix's ...
Ichiro ahead of curve as usual in new position for Mariners
Ichiro Suzuki saw Shohei Ohtani coming. Prior to Friday's game between the Seattle Mariners and Los Angeles Angels, Ichiro spied Ohtani in the reflection of one of his teammates' sunglasses, as the younger player came over to greet him. Just as Ohtani arrived and took ...
Orix starts new free information services in various languages for inbound tourists
Orix Corp. officially announced the launch Wednesday of its new free information service for foreign tourists that enables the accessing of local information websites translated into other languages through the scanning of specially designated placards using smartphones. By holding a phone or a similar device ...
Orix, Vinci said to bid for ¥2.2 trillion Osaka airport concessions
Orix Corp., one of the nation's most acquisitive financial firms, plans to team with French infrastructure operator Vinci SA in a bid for airport rights in Osaka Prefecture, people with knowledge of the matter said. The group led by Tokyo-based Orix will submit a first-round ...
Orix targeting U.S. fund manager valued at ¥150 billion or more
Orix Corp., one of the nation's most acquisitive financial firms, is in early talks to purchase a U.S. fund manager as part of efforts to double its assets under management, Chief Executive Officer Makoto Inoue said. The potential target is valued at around ¥150 billion ...
Orix Corp., the finance and leasing company with renewable energy investments, plans to increase its backing of large solar projects in Japan regardless of grid access constraints that are threatening to slow the industry. The Tokyo-based company is targeting 800 megawatts of "megasolar" projects in ...
Orix plans to build as many as 15 geothermal plants in Japan
Orix Corp. plans to build as many as 15 geothermal power stations in Japan over the next five years. The Tokyo-based finance and leasing company, which has been developing solar and biomass projects, is conducting geological surveys in Hokkaido and Aomori Prefecture, spokeswoman Tamaki Shibata ...
Orix reportedly to buy stake in Hyundai marine logistics unit
Orix Corp. has agreed to buy a stake in Hyundai Merchant Marine Co.'s logistics unit and may announce a deal as soon as Thursday, sources said. The Tokyo-based finance and leasing company and a South Korean partner will buy a majority stake in the unit ...
Orix foresees spending $1.5 billion on takeovers over next 12 months
Orix Corp., Japan's most acquisitive financial firm, plans to spend ¥150 billion on takeovers around the world in the next 12 months, President Makoto Inoue said. In the U.S., Orix is interested in buying nonfinancial companies such as solar power plants and wind farm operators, ...
Hartford Financial Services said close to selling its Japan unit to Orix Corp.
Finance and leasing firm Orix Corp. is in talks to buy Hartford Financial Services Group Inc.'s unit in Japan, according to sources. Nothing has been decided on the purchase, Tokyo-based Orix said in a statement filed with the Tokyo Stock Exchange. The Connecticut-based insurer, which ...
