ORIX Corporation (IX) Divests IX NTI Holdings for $284.5M Revenue

On April 14, Orix Corporation (NYSE: IX) agreed to transfer its equity interest in IX NTI Holdings LLC to NTI Buyer LLC, which is linked to Olympus Partners. The IX NTI unit generated $284.5 million in revenue but incurred a net loss of $38 million for the fiscal year ending December 2024. Additionally, Orix's board approved an absorption-type agreement to absorb Tsukuba Lease Corporation and subsequently dissolve it. This strategic move reflects Orix's focus on streamlining operations across its diversified financial services segments.