TOKYO -- Japanese financial services group Orix has decided to pivot from scale and focus on profitability after nearly doubling its assets to 16 trillion yen ($105 billion) over a decade. CEO Makoto Inoue, who also became chairman in January, elaborated on the plan in an interview with Nikkei.
Interview
Japan's Orix to focus on optimizing its portfolio over scale: CEO
A lower credit rating would cause borrowing costs to surge, Makoto Inoue says
After rapidly expanding its assets, Orix is rethinking its financial strategy. (Photo by Kosuke Imamura)
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