ORIX Corporation announced its acquisition of NOZOE Industry on March 17, 2026, adding a long‑standing packaging‑materials wholesale and recycling business to its portfolio. NOZOE, founded in 1959, specializes in the sale of stretch film for logistics and operates a full‑cycle recycling network that turns used packaging into new products.
The deal aligns with ORIX’s strategy to deepen its presence in the environmental sector and accelerate its circular‑economy agenda. By integrating NOZOE’s expertise in flexible plastic recycling, ORIX can broaden its service offering beyond traditional asset‑light, fee‑driven operations and tap into growing demand for recycled plastics driven by regulatory pressure and sustainability initiatives.
ORIX plans to leverage its nationwide sales network and resource‑circulation knowledge to enhance NOZOE’s collection and recycling capabilities. The acquisition is expected to create synergies in logistics, supply‑chain integration, and market reach, while positioning ORIX to expand into new plastic types such as automotive and home‑appliance packaging. The move also signals ORIX’s commitment to long‑term growth in the circular‑materials market.
The transaction follows a series of recent acquisitions by ORIX, including Hilco Global in July 2025, and fits within a broader effort to diversify its business across financing, insurance, real‑estate, and environmental services. By adding NOZOE’s recycling operations, ORIX strengthens its environmental portfolio and reinforces its “Finding Paths, Making Impact” mission.
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