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MGM partner Orix optimistic about driving Japan’s 60M annual tourist goal

Orix Corp, the primary local partner of MGM Resorts International in MGM Osaka project, has expressed confidence in its ability to contribute to Japan’s goal of attracting 60 million international visitors annually. 

The company highlights how its diverse businesses—spanning airports, hotels, and leisure facilities—play a daily role in boosting the regional economy while serving both business travelers and tourists.

In addition to its role in the MGM Osaka project, Orix is actively supporting the upcoming Expo 2025 Osaka, which will take place next spring on Yumeshima Island in Osaka Bay.

Orix
The site of Expo 2025 on the artificial Yumeshima island in Osaka Bay

In a January 16th comment on the company’s website, Toyonori Takahashi, Executive Officer and Kansai Representative for Orix Group, underscored the company’s focus on making a meaningful impact. He explained that Orix can create jobs and boost the income of the Kansai region by showcasing Japanese culture and the friendliness of its people, aligning with the company’s guiding philosophy of ‘Finding Paths. Making Impact.’

Takahashi also emphasized Orix’s collaborative approach, highlighting partnerships with foreign firms such as VINCI and MGM as key to importing global expertise. He noted that through joint ventures with VINCI in airports and MGM for the integrated resort (IR), he has learned a lot about how international partners conduct business, which differs from practices in Japan. This, he stated, has provided valuable opportunities.

Orix
Toyonori Takahashi, Executive Officer and Kansai Representative for Orix Group

The company further highlighted its strength as one of Japan’s largest and most diversified corporate groups. Orix operates 10 business divisions worldwide, generating JPY2.8 trillion ($18.8 billion) in annual revenue for 2023/24.

In earlier comments on January 9th, Takahashi expressed strong belief in the attractiveness of the MGM Osaka project, forecasting that it will draw both domestic and international visitors. He also discussed the competitive landscape, asserting that there is little to no national competition for MGM Osaka in the short term, as it will be Japan’s first integrated resort (IR) with a casino.

Takahashi says he believes that MGM Osaka will stand up to established integrated resorts in Asia, particularly those in Macau and Singapore.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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