ORIX (IX) 20-F2015 FY Annual report (foreign)

Filed: 23 Jun 16, 12:00am

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Readability	H.S. sophomore Bad

New words: abundant, airport, allotting, annuitization, applyingparagraph, baht, Benesse, boost, boosting, built, channel, comment, crude, discretion, disparity, divestment, earliest, Eiji, elapse, elderly, eleven, expedient, FIFO, FSB, geopolitical, grasp, half, Haruyuki, inflow, infringement, inventory, Italy, Japanintroduced, Kansai, KONAMI, legacy, Lessor, LIFO, Malaysian, manipulating, Mitani, nondeductible, overconcentration, parcel, predictable, provincial, Push, ringgit, Roppongi, sanction, screening, shrinking, stage, station, stop, stopped, suppressed, Thai, toughening, turbulence, twelve, UK, unavailability, undertook, unsatisfied, unsettled, upcoming, Urata, VINCI, won, xxi, xxii

Removed: absence, aging, anticipate, anticipation, Aozora, approving, aspect, benchmark, burden, collectable, comparative, contracted, Directive, earn, EMTN, eventuate, exiting, expenditure, Finanzdienstleistungsaufsicht, focused, forbear, forgive, functioning, grew, HL, imminent, jp, Kinki, latent, macro, megasolar, metropolitan, minimizing, Miyauchi, MTN, nonprofit, nursing, originally, peak, procedure, profitable, rated, referral, renewed, reputational, resided, sentiment, separated, SMBC, son, theAutorit, upturn, wound, Yoshihiko

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Exhibit 8.1

LIST OF SUBSIDIARIES


Name	Country of Incorporation	Principal Business	ORIX Voting Power¹
Yayoi Co., Ltd.	Japan	Development, Marketing, and Support of Business Management Software and Related Services		99	%
ORIX Auto Corporation	Japan	Automobile Leasing, Rentals, Car Sharing, Sales of Used Automobiles		100	%
ORIX Rentec Corporation	Japan	Rental and Leasing of Test and Measurement Instruments and IT-Related Equipment		100	%
ORIX Real Estate Corporation	Japan	Real Estate Development and Rental, Facilities Operation		100	%
ORIX Golf Holdings Corporation	Japan	Golf Course Management		100	%
ORIX Real Estate Investment Advisors Corporation	Japan	Real Estate Investment and Advisory Services		100	%
ORIX Living Corporation	Japan	Senior Housing Management		98	%
Osaka City Dome Co., Ltd.	Japan	Multipurpose Hall Management		90	%
ORIX Asset Management Corporation	Japan	Asset Management of J-REIT		100	%
ORIX Eco Services Corporation	Japan	Trading of Recycled Metals and other Resources, Collection and Transportation of Industrial Waste, and Intermediate Waste Processing		100	%
ORIX Asset Management & Loan Services Corporation	Japan	Loan Servicing		100	%
DAIKYO INCORPORATED	Japan	Real Estate Development and Sales, Urban development		64	%
NET JAPAN Co., Ltd	Japan	Purchases and Sales of Precious Metals (gold, silver, platinum, and palladium) and Purchases and Refining of Precious Metals Scraps		95	%
ORIX Life Insurance Corporation	Japan	Life Insurance		100	%
ORIX Bank Corporation	Japan	Banking		100	%
ORIX Credit Corporation	Japan	Consumer Finance Services		100	%
ORIX USA Corporation	U.S.A.	Corporate Finance		100	%
ORIX Asia Limited	China (Hong Kong)	Leasing, Automobile Leasing, Lending, Banking		100	%
ORIX Leasing Malaysia Berhad	Malaysia	Leasing, Lending		100	%
PT. ORIX Indonesia Finance	Indonesia	Leasing, Automobile Leasing		85	%
ORIX Australia Corporation Limited	Australia	Automobile Leasing, Truck Rentals		100	%
ORIX Aviation Systems Limited	Ireland	Aircraft Leasing, Asset Management, Aircraft-Related Technical Services		100	%
ORIX (China) Investment Co., Ltd.	China	Leasing, Equity Investment, Other Financial Services		100	%
ORIX Capital Korea Corporation	South Korea	Automobile Leasing, Leasing, Lending		100	%
Thai ORIX Leasing Co., Ltd	Thailand	Leasing, Automobile Leasing and Rentals		96	%
ORIX Auto Infrastructure Services Limited	India	Automobile Leasing and Rentals		99	%
ORIX Taiwan Corporation	Taiwan	Leasing, Installment Loans, Insurance Agency Services		100	%
Robeco Groep N.V.	Netherlands	Asset Management		90	%
Another 765 Subsidiaries

⁽¹⁾	ORIX voting power includes ORIX’s indirect voting power.

8.1-1

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