XML 61 R46.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Acquisitions and Divestitures (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2024
Business Combinations [Abstract] |
Fair Value Amounts Allocated to Assets Acquired and Liabilities | the following table provides fair value amounts allocated to assets acquired and liabilities assumed from DHC.
|  | Millions of yen |
|  | Pre l iminary Valuation 2023 |  |  | Adjustments |  |  | Final Valuation 2024 |
Cash and Cash Equivalents |  | ¥ | 101,254 |  |  | ¥ | 0 |  |  | ¥ | 101,254 |
Property under Facility Operations |  |  | 18,790 |  |  |  | (292 | ) |  |  | 18,498 |
Trade Notes, Accounts and Other Receivable |  |  | 11,117 |  |  |  | 0 |  |  |  | 11,117 |
Inventories |  |  | 17,370 |  |  |  | 1,727 |  |  |  | 19,097 |
Office Facilities |  |  | 17,316 |  |  |  | 447 |  |  |  | 17,763 |
Other Assets and other |  |  | 197,840 |  |  |  | 5,390 |  |  |  | 203,230 |
Total Assets |  |  | 363,687 |  |  |  | 7,272 |  |  |  | 370,959 |
Short-Term Debt |  |  | 5,000 |  |  |  | 0 |  |  |  | 5,000 |
Trade Notes, Accounts and Other Payable |  |  | 13,748 |  |  |  | 0 |  |  |  | 13,748 |
Current and Deferred Income Taxes |  |  | 25,472 |  |  |  | 8,095 |  |  |  | 33,567 |
Other Liabilities |  |  | 19,114 |  |  |  | (823 | ) |  |  | 18,291 |
Total Liabilities |  |  | 63,334 |  |  |  | 7,272 |  |  |  | 70,606 |
Noncontrolling interests |  |  | 353 |  |  |  | 0 |  |  |  | 353 |
Net |  | ¥ | 300,000 |  |  | ¥ | 0 |  |  | ¥ | 300,000 |
Other Intangible Assets Recognized in this Acquisition | Other intangible assets recognized in this acquisition consist of the following:
|  | Millions of yen |  |  | Years |
|  | Acquired intangibles recorded at fair value |  |  | Weighted-average amortization period |
Intangible assets that have indefinite useful lives: |  |  |  |  |  |  |  |
Trademarks and trade names |  | ¥ | 77,721 |  |  |  | — |
Subtotal |  |  | 77,721 |  |  |  |  |
Intangibles subject to amortization: |  |  |  |  |  |  |  |
License |  |  | 15,976 |  |  |  | 15 |
Customer relationships |  |  | 11,213 |  |  |  | 16 |
Subtotal |  |  | 27,189 |  |  |  |  |
Total |  | ¥ | 104,910 |  |  |  |  |
Operations of the Company and its Subsidiaries | The following unaudited supplemental pro forma financial information presents the combined results of operations of the Company and its subsidiaries as though the acquisition had occurred as of April 1, 2021, the beginning of the fiscal year ended March 31, 2022:
|  | Millions of yen |
|  | March 31, 2022 |  |  | March 31, 2023 |
Total revenues |  | ¥ | 2,598,161 |  |  |  | ¥2,754,190 |
Net Income |  |  | 327,997 |  |  |  | 310,937 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration