Orix Corporation plans to transfer its shares in Orix Asset Recovery Corporation to Lisa Partners, aiming to enhance investment opportunities and business growth through this strategic partnership.

Target Information

Orix Corporation, headquartered in Minato, Tokyo, and led by President Ei Jou Takahashi, announces the complete transfer of its shares or ownership interests in Orix Asset Recovery Corporation, also based in Minato, Tokyo, under the leadership of President Masaharu Miyatsu, along with affiliated companies involved in debt investment and recovery operations. The transfer will be made to Lisa Partners, also located in Minato, Tokyo, with President Koji Ishidate at the helm. The share transfer agreement and necessary procedures are expected to be finalized by July 1, 2025.

Established in April 1999 following the implementation of the Special Measures Law pertaining to debt management and recovery (commonly known as the “Servicer Law”), Orix Asset Recovery has gained extensive experience in the domestic debt investment and recovery sector. The company specializes in various operations, including non-performing loan investments, business rehabilitation support, asset value enhancement of secured properties, securitization of loan claims, and managing the recovery of real estate loan claims, boasting a total investment amount exceeding 750 billion yen.

Industry Overview in Japan

The debt recovery industry in Japan has evolved significantly since the introduction of the Servicer Law in 1999, which was aimed at facilitating the efficient recovery of non-performing loans and improving the financial stability of various