Orix To Invest Y10bn In Tokyo Star Bank

Orix Corporation, a listed leasing-centered conglomerate, announced that Orix will invest 10 billion yen in Tokyo Star Bank, a Tokyo-based regional bank, by way of non-voting preferred shares and a business alliance. Tokyo Star Bank will use the capital to strengthen its financial base and enhance its revenue base. Both companies will take the opportunity to pursue future alliances in other business areas. Tokyo Star Bank was acquired by Advantage Partners, a Tokyo-based investment firm in March 2008.