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CONSOLIDATED STATEMENTS OF CASH FLOWS
In Millions
12 Months Ended
Mar. 31, 2011
USD ($)
Mar. 31, 2011
JPY (¥)
Mar. 31, 2010
JPY (¥)
Mar. 31, 2009
JPY (¥)
Cash Flows from Operating Activities:        
Net income $ 873 ¥ 72,607 ¥ 40,937 ¥ 23,797
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 2,026 168,442 167,266 189,215
Provision for doubtful receivables and probable loan losses 374 31,122 71,529 76,985
Decrease in policy liabilities (141) (11,692) (32,927) (43,495)
Deferred tax benefit (207) (17,187) (27,712) (42,787)
Equity in net (income) loss of affiliates (excluding interest on loans) (169) (14,069) (6,496) 40,458
(Gains) losses on sales of subsidiaries and affiliates and liquidation losses, net (15) (1,199) (17,519) 1,686
Gains on sales of available-for-sale securities (59) (4,867) (6,907) (3,334)
Gains on sales of real estate under operating leases (61) (5,103) (6,841) (24,346)
Gains on sales of operating lease assets other than real estate (120) (9,968) (7,552) (11,426)
Write-downs of long-lived assets 227 18,853 6,977 3,673
Write-downs of securities 262 21,749 23,634 18,574
Decrease (increase) in restricted cash (80) (6,659) 4,520 23,661
Decrease (increase) in trading securities (341) (28,372) (29,725) 20,048
Decrease in inventories 332 27,596 39,061 9,332
Decrease (increase) in other receivables 192 16,006 (518) 54,931
Decrease in trade notes, accounts payable and other liabilities (265) (22,042) (35,011) (36,185)
Other, net (274) (22,837) 26,595 7,992
Net cash provided by operating activities 2,554 212,380 209,311 308,779
Cash Flows from Investing Activities:        
Purchases of lease equipment (6,758) (561,919) (389,413) (857,126)
Principal payments received under direct financing leases 4,622 384,288 352,316 431,984
Net proceeds from securitization of lease receivables, loan receivables and securities 0 0 28,305 30,859
Installment loans made to customers (8,649) (719,190) (589,814) (1,038,625)
Principal collected on installment loans 13,599 1,130,718 937,895 1,469,672
Proceeds from sales of operating lease assets 1,917 159,369 162,988 161,645
Investment in affiliates, net 444 36,945 (28,256) (17,919)
Proceeds from sales of investment in affiliates 56 4,622 12,532 1,936
Purchases of available-for-sale securities (8,933) (742,816) (456,364) (301,030)
Proceeds from sales of available-for-sale securities 4,095 340,634 181,033 242,702
Proceeds from redemption of available-for-sale securities 3,735 310,594 162,292 128,669
Purchases of held-to-maturity securities 0 0 (43,748) 0
Purchases of other securities (584) (48,538) (19,656) (73,578)
Proceeds from sales of other securities 308 25,614 26,034 36,378
Purchases of other operating assets (171) (14,219) (4,898) (14,615)
Proceeds from sales of other operating assets 65 5,402 1,767 12,727
Acquisitions of subsidiaries, net of cash acquired (560) (46,554) (10,218) (752)
Sales of subsidiaries, net of cash disposed 153 12,685 123,613 28
Other, net (313) (26,037) (13,620) (41,772)
Net cash provided by investing activities 3,026 251,598 432,788 171,183
Cash Flows from Financing Activities:        
Net decrease in debt with maturities of three months or less (873) (72,584) (121,399) (237,544)
Proceeds from debt with maturities longer than three months 17,898 1,488,199 1,083,310 2,091,575
Repayment of debt with maturities longer than three months (23,076) (1,918,774) (1,678,649) (2,343,124)
Net increase in deposits due to customers 1,997 166,012 185,076 196,973
Issuance of common stock 2 98 83,101 217
Cash dividends paid to ORIX Corporation shareholders (97) (8,061) (6,261) (23,529)
Cash dividends paid to redeemable noncontrolling interests (72) (6,008) 0 0
Net increase (decrease) in call money (96) (8,000) (13,400) 9,900
Acquisition of treasury stock (1) (70) (3) (29,294)
Other, net (55) (4,402) 1,301 239
Net cash used in financing activities (4,373) (363,590) (466,924) (334,587)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (88) (7,348) 3,943 (6,061)
Net Increase in Cash and Cash Equivalents 1,119 93,040 179,118 139,314
Cash and Cash Equivalents at Beginning of Year 7,686 639,087 459,969 320,655
Cash and Cash Equivalents at End of Year $ 8,805 ¥ 732,127 ¥ 639,087 ¥ 459,969