ORIX is a diversified Japanese financial services conglomerate that operates across ten business segments including leasing, real estate, private equity, renewable energy, and insurance. ORIX evolved from equipment leasing into a global investment and operations platform centered on two primary business models. First, the company makes alternative investments in assets such as real estate, aircraft, and infrastructure, where ORIX manages these assets to enhance value before recycling capital through exits. Second, ORIX provides business solutions, including leasing, auto services, and banking, to small and medium-sized enterprises in Japan. The company generates earnings through interest income from financing, recurring operational revenue from managed assets like airports and hotels, and capital gains from investment sales. A central strategy involves shifting toward a capital-light, fee-generating model by raising third-party capital for its asset management and private equity businesses, which include Robeco and various new investment funds. ORIX is the largest solar operator in Japan and maintains a global aircraft leasing presence through its stake in Avolon. The company continuously recycles capital from mature assets to fund new growth in sectors like AI infrastructure and the energy transition.