Remix • Pia Drops! Orix Benefits Abolished! [GlobalWay • Asia Development • Merchant] GlobalWay Rises Again!!
Orix announced on the 11th that it will abolish its shareholder benefit program at the end of March 2024. The program, which offered a unique selection of domestic specialties from a catalog and was popular with individual investors, faced criticism from institutional investors who viewed it as unfair due to its difficult accessibility. Going forward, the company plans to appeal to individuals by focusing on dividend increases driven by business growth. The company’s individual shareholders are currently estimated to be among the top domestic groups at around 800,000, and there is likely to be growing unease among individual investors.
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