TSE:8585 - Orient Corp. Orient Corp.
Sector: Financials, Industry: Consumer Finance
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JPY 140.0    -8 (-5.41%)
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11 May 2021


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General

Description

Orient Corp or Orico is a consumer finance company. The company provides installment credit services, credit cards and direct cash loan services, and bank loan guarantee services through a network of branches and member merchants spread throughout Japan. The company's strategy focuses on growing its installment credit business and forming joint ventures outside of Japan. The company's largest sources of revenue include both auto loans and bank loan guarantees. Its largest portion of earning assets is guaranteed loan receivables.