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ORIX Corporation (IX) Divesting IX NTI Holdings LLC & Absorbing Tsukuba Lease Corporation

Orix Corporation (NYSE:IX) is one of the best Japanese stocks to buy right now. On April 14, Orix Corporation (NYSE:IX) reached an agreement to transfer all its equity interest in IX NTI Holdings LLC. The company is to transfer the equity interest to NTI Buyer LLC, a special-purpose company tied to Olympus Partners.

lOvE lOvE/Shutterstock.com

Orix Corporation’s private equity arm, Orix Capital Partners, acquired IX NTI Holdings in 2018. The unit has been offering network deployment solutions in data centers, fiber optics, and wireless services across the US. The unit generated $284.5 million in revenue and a net loss of $38 million for the fiscal year ended December 2024.

On the other hand, the Orix Corporation board has approved an absorption-type agreement involving Tsukuba Lease Corporation, a consolidated subsidiary. Consequently, Orix Corporation and its subsidiary, Orix Auto Corporation, are to absorb the business operations of Tsukuba Lease, after which the unit is to be dissolved and liquidated. There will be no changes to Orix Capital as part of the split.

ORIX Corporation (NYSE:IX) is a diversified Japanese financial services conglomerate operating globally across 10 core business segments. It specializes in leasing, corporate finance, investment, life insurance, real estate development, asset management, and renewable energy.

While we acknowledge the risk and potential of IX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 8 Best Lidar Stocks to Buy According to Analysts and 10 Best Cryptocurrency Stocks to Buy Right Now.

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At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 140 Metas
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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
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