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Short-Term and Long-Term Debt (Tables)

12 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Composition of Short Term Debt and Weighted Average Contract Interest Rate on Short Term Debt

The composition of short-term debt and the weighted average contract interest rate on short-term debt at March 31, 2022 and 2023 are as follows:

March 31, 2022

		Millions of yen				Weighted average rate
Short-term debt in Japan, mainly from banks		¥	161,799				0.7	%
Short-term debt outside Japan, mainly from banks			237,790				2.1
Commercial paper in Japan			37,999				0.0
Commercial paper outside Japan			2,051				1.0
		¥	439,639				1.4

March 31, 2023

		Millions of yen				Weighted average rate
Short-term debt in Japan, mainly from banks		¥	145,768				1.8	%
Short-term debt outside Japan, mainly from banks			318,519				4.5
Commercial paper in Japan			42,997				0.1
Commercial paper outside Japan			1,512				4.1
		¥	508,796				3.4

Composition of Long Term Debt, Weighted Average Contract Interest Rate on Long Term Debt and Repayment Due Dates

The composition of long-term debt, the weighted average contract interest rate on long-term debt and the repayment due dates at March 31, 2022 and 2023 are as follows:

March 31, 2022

		Due     (Fiscal Year)				Millions of yen				Weighted     average rate
Banks:
Fixed rate			2023~2082			¥	545,320				1.3	%
Floating rate			2023~2077				2,076,802				1.1
Insurance companies and others:
Fixed rate			2023~2082				322,411				0.8
Floating rate			2023~2077				296,230				0.8
Unsecured bonds			2024~2081				997,654				1.6
Unsecured notes under medium-term note program			2023~2027				32,279				4.1
Payables under securitized loan receivables and investment in securities			2033~2043				156,350				3.1
						¥	4,427,046				1.3

March 31, 2023

		Due     (Fiscal Year)				Millions of yen				Weighted     average rate
Banks:
Fixed rate			2025~2083			¥	666,764				1.6	%
Floating rate			2024~2077				2,448,488				2.8
Insurance companies and others:
Fixed rate			2025~2083				323,653				0.8
Floating rate			2026~2077				295,625				2.0
Unsecured bonds			2024~2081				1,175,087				2.0
Unsecured notes under medium-term note program			2025~2029				149,535				3.7
Payables under securitized loan receivables and investment in securities			2024~2051				150,571				5.5
						¥	5,209,723				2.4

Schedule of Long Term Debt Repayment

The repayment schedule for the next five years and thereafter for long-term debt at March 31, 2023 is as follows:

Years ending March 31,		Millions of yen
2024		¥	877,260
2025			696,472
2026			572,991
2027			601,434
2028			618,527
Thereafter			1,843,039
Total		¥	5,209,723

Secured Assets for Short Term and Long Term Debt Payables to Financial Institutions

Other than the assets of the consolidated VIEs pledged as collateral for financing (see Note 11 “Variable Interest Entities”), the Company and certain subsidiaries provide the following assets as collateral for the short-term and long-term debt payables to financial institutions as of March 31, 2023:

		Millions of yen
Lease payments, loans and investment in operating leases		¥	148,057
Investment in securities			183,441
Property under facility operations			130,191
Other assets and other			110,159
		¥	571,848

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