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Q1 2024 ORIX Corp Earnings Call Transcript
So it is now time to get started. Thank you for joining us for the first quarter consolidated results for the 3-month period ended June 30, 2023. This is the ORIX Corporation meeting. And today, we have the attendee Hitomaro Yano, Executive Officer responsible for accounting and IR. (Operator Instructions) There's going to be a presentation by Mr. Yano, followed by Q&A, and the whole meeting should last approximately 1 hour. Mr. Yano, the floor is yours.
Thank you for the introduction. I am Yano, Head of the Treasury and Accounting and Investor Relations. Thank you very much for joining us today. Well, without further due, I will give a brief overview of the first quarter FY '24 March end results. Please see Page 2 of the deck that shows you the exact journal that covers today's main points. The first is net income and ROE. ORIX posted a 2% year-on-year increase in net income to JPY 63 billion, an annualized ROE of 7%. The segment that performed well all
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