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| | ORIX CORP - IX Annual and Transition Report (foreign private issuer) (20-F) Item 4. Information on the Company |
 | | ORIX purchases the equipment on behalf of the user who usually makes monthly payments of a fixed amount and the financial terms are designed to recover most, if not all, of the initial cost of the equipment, interest and other costs during the initial contractual lease term. |
 | | ORIX's corporate finance operations are primarily direct financing leases and installment loans, other than real estate loans, to corporate customers as well as the sale of a variety of financial products and other fee business. |
 | | ORIX Rent-A-Car, together with our other car rental subsidiaries, owned a total of 28,900 vehicles in Japan, serviced by a network of 357 branches as of March 31, 2003, which makes us the second largest car rental company in Japan according to data of the All Japan Rent-A-Car Association. |
| sec.edgar-online.com /2003/07/25/0001145549-03-000912/Section4.asp (9999 words) |
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