ORIX USA history

In 1984, China Orient Leasing Company wrote $40 million in contracts, three times the amount it had written just two years earlier, for equipment as varied as plant machinery, film development equipment, and printing presses.

Growth continued in 1986 with the establishment of Lombard Orient Leasing Ltd., a partnership between OLC and Lombard North Central, the largest finance company in the United Kingdom.

1987: OLC enters the United States real estate market through a 23.3 percent purchase of Rubloff Inc.

As part of its plan to diversify, Orient Leasing renamed itself ORIX in 1989, the company's 25th anniversary.

Having entered the region in 1990 with the creation of subsidiary ORIX Taiwan Corp., the firm eyed Taiwan as a lucrative market due to the financial deregulation initiated by the Taiwan government that enabled leasing and credit sales firms to embark on lease financing ventures.

In 1991, ORIX established ORIX Life Insurance Corporation and entered the life insurance business.

1994: Company announces plans to set up a joint leasing venture in Vietnam.

Having diversified, expanded, and globalized from the original business including retailing and real estate, ORIX listed its shares on the New York Stock Exchange in 1998.

In 1999, ORIX began take advantage of the burgeoning e-commerce world.

With more than 31 000 employees and a global network that spans 37 countries and regions worldwide, ORIX Corporation is considered one of the top 2000 largest public companies in the world, according to Forbes.