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Credit Quality of Financial Assets and the Allowance for Credit Losses (Tables) | 12 Months Ended
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Mar. 31, 2024
Credit Loss [Abstract] |
Summary of allowance for credit losses for installment loans | The following table provides information about the allowance for credit losses for installment loans, net investment in leases and other financial assets measured at amortized cost for fiscal 2022, 2023 and 2024:
|  | Fiscal Year ended March 31, 2022 |
|  | Millions of yen |
|  | Beginning balance |  |  | Provision (Reversal)*3 |  |  | Allowance of purchased loans during the reporting period |  |  | Charge- offs*4 |  |  | Recoveries |  |  | Other*5 |  |  | Ending balance |  |  | Collective (pool) assessment |  |  | Individual assessment |
Allowance for credit losses : |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment loans to consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  | ¥ | 5,922 |  |  | ¥ | 340 |  |  | ¥ | 0 |  |  | ¥ | (570 | ) |  | ¥ | 24 |  |  | ¥ | 0 |  |  | ¥ | 5,716 |  |  | ¥ | 5,211 |  |  | ¥ | 505 |
Overseas |  |  | 470 |  |  |  | (34 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 4 |  |  |  | 15 |  |  |  | 455 |  |  |  | 455 |  |  |  | 0 |
Card loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 12,984 |  |  |  | (1,301 | ) |  |  | 0 |  |  |  | (1,669 | ) |  |  | 4 |  |  |  | 1 |  |  |  | 10,019 |  |  |  | 9,423 |  |  |  | 596 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 8,359 |  |  |  | 4,948 |  |  |  | 0 |  |  |  | (8,114 | ) |  |  | 11 |  |  |  | 0 |  |  |  | 5,204 |  |  |  | 2,946 |  |  |  | 2,258 |
Overseas |  |  | 1,275 |  |  |  | 300 |  |  |  | 0 |  |  |  | (644 | ) |  |  | 0 |  |  |  | 174 |  |  |  | 1,105 |  |  |  | 961 |  |  |  | 144 |
Installment loans to corporate borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 32 |  |  |  | 49 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 81 |  |  |  | 81 |  |  |  | 0 |
The Americas |  |  | 3,450 |  |  |  | (1,035 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 276 |  |  |  | 2,691 |  |  |  | 1,836 |  |  |  | 855 |
Other than non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 901 |  |  |  | (204 | ) |  |  | 0 |  |  |  | (109 | ) |  |  | 29 |  |  |  | 0 |  |  |  | 617 |  |  |  | 490 |  |  |  | 127 |
Overseas |  |  | 1,539 |  |  |  | (855 | ) |  |  | 0 |  |  |  | (10 | ) |  |  | 0 |  |  |  | 61 |  |  |  | 735 |  |  |  | 735 |  |  |  | 0 |
Commercial, industrial and other companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 1,938 |  |  |  | 93 |  |  |  | 0 |  |  |  | (761 | ) |  |  | 67 |  |  |  | 0 |  |  |  | 1,337 |  |  |  | 505 |  |  |  | 832 |
Overseas |  |  | 18,763 |  |  |  | 3,503 |  |  |  | 0 |  |  |  | (6,185 | ) |  |  | 155 |  |  |  | 2,060 |  |  |  | 18,296 |  |  |  | 13,367 |  |  |  | 4,929 |
Loans to Equity method investees |  |  | 1,050 |  |  |  | 1,449 |  |  |  | 0 |  |  |  | (790 | ) |  |  | 0 |  |  |  | 248 |  |  |  | 1,957 |  |  |  | 314 |  |  |  | 1,643 |
Purchased loans*1 |  |  | 1,835 |  |  |  | (227 | ) |  |  | 2,210 |  |  |  | (2,372 | ) |  |  | 114 |  |  |  | 15 |  |  |  | 1,575 |  |  |  | 608 |  |  |  | 967 |
Net investment in leases: |  |  | 16,522 |  |  |  | 1,577 |  |  |  | 0 |  |  |  | (2,802 | ) |  |  | 21 |  |  |  | 985 |  |  |  | 16,303 |  |  |  | 12,480 |  |  |  | 3,823 |
Subtotal |  |  | 75,040 |  |  |  | 8,603 |  |  |  | 2,210 |  |  |  | (24,026 | ) |  |  | 429 |  |  |  | 3,835 |  |  |  | 66,091 |  |  |  | 49,412 |  |  |  | 16,679 |
Other financial assets measured at amortized cost*2 |  |  | 4,955 |  |  |  | 1,213 |  |  |  | 0 |  |  |  | (871 | ) |  |  | 45 |  |  |  | (18 | ) |  |  | 5,324 |  |  |  | 248 |  |  |  | 5,076 |
Total |  | ¥ | 79,995 |  |  | ¥ | 9,816 |  |  | ¥ | 2,210 |  |  | ¥ | (24,897 | ) |  | ¥ | 474 |  |  | ¥ | 3,817 |  |  | ¥ | 71,415 |  |  | ¥ | 49,660 |  |  | ¥ | 21,755 |
|  | Fiscal Year ended March 31, 2023 |
|  | Millions of yen |
|  | Beginning balance |  |  | Provision (Reversal)*3 |  |  | Allowance of purchased loans during the reporting period |  |  | Charge- offs*4 |  |  | Recoveries |  |  | Other*5 |  |  | Ending balance |  |  | Collective (pool) assessment |  |  | Individual assessment |
Allowance for credit losses : |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment loans to consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  | ¥ | 5,716 |  |  | ¥ | (1,437 | ) |  | ¥ | 0 |  |  | ¥ | (215 | ) |  | ¥ | 27 |  |  | ¥ | 1 |  |  | ¥ | 4,092 |  |  | ¥ | 3,644 |  |  | ¥ | 448 |
Overseas |  |  | 455 |  |  |  | (19 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 1 |  |  |  | 9 |  |  |  | 446 |  |  |  | 446 |  |  |  | 0 |
Card loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 10,019 |  |  |  | (421 | ) |  |  | 0 |  |  |  | (584 | ) |  |  | 8 |  |  |  | 0 |  |  |  | 9,022 |  |  |  | 8,329 |  |  |  | 693 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 5,204 |  |  |  | 4,672 |  |  |  | 0 |  |  |  | (2,124 | ) |  |  | 8 |  |  |  | (1 | ) |  |  | 7,759 |  |  |  | 5,337 |  |  |  | 2,422 |
Overseas |  |  | 1,105 |  |  |  | 1,265 |  |  |  | 0 |  |  |  | (508 | ) |  |  | 0 |  |  |  | 27 |  |  |  | 1,889 |  |  |  | 1,467 |  |  |  | 422 |
Installment loans to corporate borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 81 |  |  |  | 173 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | (1 | ) |  |  | 253 |  |  |  | 253 |  |  |  | 0 |
The Americas |  |  | 2,691 |  |  |  | (1,186 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | (11 | ) |  |  | 1,494 |  |  |  | 560 |  |  |  | 934 |
Other than non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 617 |  |  |  | 131 |  |  |  | 0 |  |  |  | 0 |  |  |  | 28 |  |  |  | 1 |  |  |  | 777 |  |  |  | 663 |  |  |  | 114 |
Overseas |  |  | 735 |  |  |  | 264 |  |  |  | 0 |  |  |  | (29 | ) |  |  | 0 |  |  |  | 37 |  |  |  | 1,007 |  |  |  | 1,007 |  |  |  | 0 |
Commercial, industrial and other companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 1,337 |  |  |  | 102 |  |  |  | 0 |  |  |  | (358 | ) |  |  | 71 |  |  |  | 0 |  |  |  | 1,152 |  |  |  | 477 |  |  |  | 675 |
Overseas |  |  | 18,296 |  |  |  | 7,164 |  |  |  | 0 |  |  |  | (8,212 | ) |  |  | 329 |  |  |  | 1,555 |  |  |  | 19,132 |  |  |  | 16,455 |  |  |  | 2,677 |
Loans to Equity method investees |  |  | 1,957 |  |  |  | 361 |  |  |  | 0 |  |  |  | (1,842 | ) |  |  | 0 |  |  |  | 174 |  |  |  | 650 |  |  |  | 281 |  |  |  | 369 |
Purchased loans*1 |  |  | 1,575 |  |  |  | (261 | ) |  |  | 6,901 |  |  |  | (7,142 | ) |  |  | 64 |  |  |  | 11 |  |  |  | 1,148 |  |  |  | 541 |  |  |  | 607 |
Net investment in leases: |  |  | 16,303 |  |  |  | 1,678 |  |  |  | 0 |  |  |  | (2,637 | ) |  |  | 27 |  |  |  | 348 |  |  |  | 15,719 |  |  |  | 12,032 |  |  |  | 3,687 |
Subtotal |  |  | 66,091 |  |  |  | 12,486 |  |  |  | 6,901 |  |  |  | (23,651 | ) |  |  | 563 |  |  |  | 2,150 |  |  |  | 64,540 |  |  |  | 51,492 |  |  |  | 13,048 |
Other financial assets measured at amortized cost*2 |  |  | 5,324 |  |  |  | 194 |  |  |  | 0 |  |  |  | (4,721 | ) |  |  | 30 |  |  |  | 6 |  |  |  | 833 |  |  |  | 267 |  |  |  | 566 |
Total |  | ¥ | 71,415 |  |  | ¥ | 12,680 |  |  | ¥ | 6,901 |  |  | ¥ | (28,372 | ) |  | ¥ | 593 |  |  | ¥ | 2,156 |  |  | ¥ | 65,373 |  |  | ¥ | 51,759 |  |  | ¥ | 13,614 |
|  | Fiscal Year ended March 31, 2024 |
|  | Millions of yen |
|  | Beginning balance |  |  | Provision (Reversal)*3 |  |  | Allowance of purchased loans during the reporting period |  |  | Charge- offs*4 |  |  | Recoveries |  |  | Other*5 |  |  | Ending balance |  |  | Collective (pool) assessment |  |  | Individual assessment |
Allowance for credit losses : |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment loans to consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  | ¥ | 4,092 |  |  | ¥ | (712 | ) |  | ¥ | 0 |  |  | ¥ | (218 | ) |  | ¥ | 151 |  |  | ¥ | (110 | ) |  | ¥ | 3,203 |  |  | ¥ | 2,893 |  |  | ¥ | 310 |
Overseas |  |  | 446 |  |  |  | 94 |  |  |  | 0 |  |  |  | (6 | ) |  |  | 1 |  |  |  | 46 |  |  |  | 581 |  |  |  | 526 |  |  |  | 55 |
Card loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 9,022 |  |  |  | 101 |  |  |  | 0 |  |  |  | (918 | ) |  |  | 10 |  |  |  | (8,203 | ) |  |  | 12 |  |  |  | 12 |  |  |  | 0 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 7,759 |  |  |  | 5,313 |  |  |  | 0 |  |  |  | (3,856 | ) |  |  | 7 |  |  |  | (9,132 | ) |  |  | 91 |  |  |  | 6 |  |  |  | 85 |
Overseas |  |  | 1,889 |  |  |  | 3,166 |  |  |  | 0 |  |  |  | (2,736 | ) |  |  | 476 |  |  |  | 265 |  |  |  | 3,060 |  |  |  | 1,762 |  |  |  | 1,298 |
Installment loans to corporate borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 253 |  |  |  | 176 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 429 |  |  |  | 429 |  |  |  | 0 |
The Americas |  |  | 1,494 |  |  |  | 74 |  |  |  | 0 |  |  |  | (55 | ) |  |  | 0 |  |  |  | 205 |  |  |  | 1,718 |  |  |  | 660 |  |  |  | 1,058 |
Other than non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 777 |  |  |  | 176 |  |  |  | 0 |  |  |  | (4 | ) |  |  | 26 |  |  |  | 0 |  |  |  | 975 |  |  |  | 889 |  |  |  | 86 |
Overseas |  |  | 1,007 |  |  |  | 430 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 112 |  |  |  | 1,549 |  |  |  | 1,045 |  |  |  | 504 |
Commercial, industrial and other companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 1,152 |  |  |  | (44 | ) |  |  | 0 |  |  |  | (281 | ) |  |  | 9 |  |  |  | 21 |  |  |  | 857 |  |  |  | 722 |  |  |  | 135 |
Overseas |  |  | 19,132 |  |  |  | 8,702 |  |  |  | 0 |  |  |  | (4,762 | ) |  |  | 176 |  |  |  | 2,576 |  |  |  | 25,824 |  |  |  | 16,061 |  |  |  | 9,763 |
Loans to Equity method investees |  |  | 650 |  |  |  | 99 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 129 |  |  |  | 878 |  |  |  | 422 |  |  |  | 456 |
Purchased loans*1 |  |  | 1,148 |  |  |  | 13 |  |  |  | 47,676 |  |  |  | (47,722 | ) |  |  | 2 |  |  |  | 16 |  |  |  | 1,133 |  |  |  | 548 |  |  |  | 585 |
Net investment in leases: |  |  | 15,719 |  |  |  | 3,064 |  |  |  | 0 |  |  |  | (2,635 | ) |  |  | 26 |  |  |  | 606 |  |  |  | 16,780 |  |  |  | 10,866 |  |  |  | 5,914 |
Subtotal |  |  | 64,540 |  |  |  | 20,652 |  |  |  | 47,676 |  |  |  | (63,193 | ) |  |  | 884 |  |  |  | (13,469 | ) |  |  | 57,090 |  |  |  | 36,841 |  |  |  | 20,249 |
Other financial assets measured at amortized cost*2 |  |  | 833 |  |  |  | 311 |  |  |  | 0 |  |  |  | (280 | ) |  |  | 9 |  |  |  | 147 |  |  |  | 1,020 |  |  |  | 321 |  |  |  | 699 |
Total |  | ¥ | 65,373 |  |  | ¥ | 20,963 |  |  | ¥ | 47,676 |  |  | ¥ | (63,473 | ) |  | ¥ | 893 |  |  | ¥ | (13,322 | ) |  | ¥ | 58,110 |  |  | ¥ | 37,162 |  |  | ¥ | 20,948 |
Notes: | 1 Loans held for sale and policy loan receivables of an insurance entity are not in the scope of allowance for credit losses.
| 2 | Held-to-maturity debt securities held by the Company and subsidiaries consist of Japanese government bonds (JGBs) and other securities secured by JGBs. There was no allowance for credit losses on these held-to-maturity debt securities. And there is no delinquency or on non-accrual status on held-to-maturity debt securities.
*1 | Purchased loans represent loans with evidence of deterioration of credit quality since origination and for which it is probable at acquisition that collection of all contractually required payments from the debtors is unlikely.
*2 | The allowance for other financial assets measured at amortized cost includes the allowance for credit losses on financing receivables, such as accounts receivable. Other financial assets measured at amortized cost are mainly “Trade notes, accounts and other receivables” on the consolidated balance sheets.
*3 | “Provision for credit losses” in the consolidated statements of income amounted to provisions of ¥5,388 million, ¥8,117 million and ¥20,968 million for fiscal 2022, 2023 and 2024 respectively. The reconciliation between the above table and the amounts reported on the consolidated statements of income in fiscal 2022, 2023 and 2024 are as follows:
|  | Millions of yen |
|  | Fiscal Year ended March 31, 2022 |  |  | Fiscal Year ended March 31, 2023 |  |  | Fiscal Year ended March 31, 2024 |
|  | Provision for credit losses |  |  | Provision for credit losses |  |  | Provision for credit losses |
Net investment in leases |  | ¥ | 1,577 |  |  | ¥ | 1,678 |  |  | ¥ | 3,064 |
Installment loans |  |  | 7,026 |  |  |  | 10,808 |  |  |  | 17,588 |
Subtotal in the above table |  |  | 8,603 |  |  |  | 12,486 |  |  |  | 20,652 |
Other financial assets measured at amortized cost |  |  | 1,213 |  |  |  | 194 |  |  |  | 311 |
Total in the above table |  |  | 9,816 |  |  |  | 12,680 |  |  |  | 20,963 |
Off-balance sheet credit exposures *3(a) |  |  | (4,449 | ) |  |  | (4,542 | ) |  |  | (440 | )
Available-for-sale debt securities *3(b) |  |  | 21 |  |  |  | (21 | ) |  |  | 445 |
Amount reported on the consolidated financial statements |  | ¥ | 5,388 |  |  | ¥ | 8,117 |  |  | ¥ | 20,968 |
| *3(a) | The allowance for off-balance sheet credit exposure were ¥22,120 million, ¥17,843 million and ¥5,116 million as of March 31, 2022, 2023 and 2024, respectively, and the amounts are recorded in “Other liabilities” on the consolidated balance sheets. For further information, see Note 31 “Commitments, Guarantees and Contingent Liabilities.”
| *3(b) | The allowance for available-for-sale debt securities were ¥153 million ¥144 million and ¥634 million as of March 31, 2022, 2023 and 2024, respectively, and the amounts are recorded as a reduction in “Investments in securities” on the consolidated balance sheets. For further information, see Note 9 “Investment in Securities.”
*4 | Included in Charge-off in write-offs of purchased loans were ¥2,210 million, ¥6,901 million and ¥47,676 million during fiscal 2022, 2023 and 2024.
*5 | Other mainly includes foreign currency translation adjustments and increases or decreases in allowance due to consolidation or deconsolidation of subsidiaries.
Summary of disclosure in tabular form of allowances for credit losses and provision for credit losses |
|  | Millions of yen |
|  | Fiscal Year ended March 31, 2022 |  |  | Fiscal Year ended March 31, 2023 |  |  | Fiscal Year ended March 31, 2024 |
|  | Provision for credit losses |  |  | Provision for credit losses |  |  | Provision for credit losses |
Net investment in leases |  | ¥ | 1,577 |  |  | ¥ | 1,678 |  |  | ¥ | 3,064 |
Installment loans |  |  | 7,026 |  |  |  | 10,808 |  |  |  | 17,588 |
Subtotal in the above table |  |  | 8,603 |  |  |  | 12,486 |  |  |  | 20,652 |
Other financial assets measured at amortized cost |  |  | 1,213 |  |  |  | 194 |  |  |  | 311 |
Total in the above table |  |  | 9,816 |  |  |  | 12,680 |  |  |  | 20,963 |
Off-balance sheet credit exposures *3(a) |  |  | (4,449 | ) |  |  | (4,542 | ) |  |  | (440 | )
Available-for-sale debt securities *3(b) |  |  | 21 |  |  |  | (21 | ) |  |  | 445 |
Amount reported on the consolidated financial statements |  | ¥ | 5,388 |  |  | ¥ | 8,117 |  |  | ¥ | 20,968 |
| *3(a) | The allowance for off-balance sheet credit exposure were ¥22,120 million, ¥17,843 million and ¥5,116 million as of March 31, 2022, 2023 and 2024, respectively, and the amounts are recorded in “Other liabilities” on the consolidated balance sheets. For further information, see Note 31 “Commitments, Guarantees and Contingent Liabilities.”
| *3(b) | The allowance for available-for-sale debt securities were ¥153 million ¥144 million and ¥634 million as of March 31, 2022, 2023 and 2024, respectively, and the amounts are recorded as a reduction in “Investments in securities” on the consolidated balance sheets. For further information, see Note 9 “Investment in Securities.”
Summary of purchased loans | The following table provides information about purchased loans which were acquired for fiscal 2022, 2023 and 2024:
|  | Millions of yen |
|  | Fiscal Year ended March 31, 2022 |  |  | Fiscal Year ended March 31, 2023 |  |  | Fiscal Year ended March 31, 2024 |
Purchase price |  | ¥ | 4,926 |  |  | ¥ | 2,444 |  |  | ¥ | 12,271 |
Allowance for credit losses at acquisition date |  |  | 2,210 |  |  |  | 6,901 |  |  |  | 47,676 |
Discount or premium attributable to other factors |  |  | 220 |  |  |  | 261 |  |  |  | 1,188 |
Par value |  | ¥ | 7,356 |  |  | ¥ | 9,606 |  |  | ¥ | 61,135 |
Summary of origination years of financial assets | The following table provides information about the origination years of financial assets as of March 31, 2023. Card loans to consumer borrowers with a revolving repayment feature that cannot be classified into the origination year are excluded from the table.
|  |  |  | March 31, 2023 |
|  |  |  | Millions of yen |
Portfolio segment |  |  |  | Origination year (years ended March 31) |  |  |  |
Class |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Credit Quality |  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | Prior |  |  | Total |
Consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  | ¥ | 300,198 |  |  | ¥ | 200,041 |  |  | ¥ | 281,872 |  |  | ¥ | 360,726 |  |  | ¥ | 293,297 |  |  | ¥ | 656,584 |  |  | ¥ | 2,092,718 |
|  | Non-Performing |  |  | 10,896 |  |  |  | 5,259 |  |  |  | 3,140 |  |  |  | 2,257 |  |  |  | 1,078 |  |  |  | 12,324 |  |  | ¥ | 34,954 |
Real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 266,663 |  |  |  | 190,076 |  |  |  | 279,690 |  |  |  | 359,321 |  |  |  | 292,388 |  |  |  | 655,811 |  |  | ¥ | 2,043,949 |
|  | Non-Performing |  |  | 17 |  |  |  | 81 |  |  |  | 378 |  |  |  | 474 |  |  |  | 239 |  |  |  | 11,821 |  |  | ¥ | 13,010 |
Other* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 33,535 |  |  |  | 9,965 |  |  |  | 2,182 |  |  |  | 1,405 |  |  |  | 909 |  |  |  | 773 |  |  | ¥ | 48,769 |
|  | Non-Performing |  |  | 10,879 |  |  |  | 5,178 |  |  |  | 2,762 |  |  |  | 1,783 |  |  |  | 839 |  |  |  | 503 |  |  | ¥ | 21,944 |
Corporate borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 427,902 |  |  |  | 346,629 |  |  |  | 127,984 |  |  |  | 171,314 |  |  |  | 103,628 |  |  |  | 139,503 |  |  | ¥ | 1,316,960 |
|  | Non-Performing |  |  | 257 |  |  |  | 793 |  |  |  | 5,485 |  |  |  | 4,959 |  |  |  | 4,624 |  |  |  | 24,008 |  |  | ¥ | 40,126 |
Non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 65,874 |  |  |  | 17,831 |  |  |  | 6,699 |  |  |  | 22,384 |  |  |  | 4,158 |  |  |  | 7,553 |  |  | ¥ | 124,499 |
The Americas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 2,901 |  |  |  | 706 |  |  |  | 5,217 |  |  |  | 15,153 |  |  |  | 10,595 |  |  |  | 834 |  |  | ¥ | 35,406 |
|  | Non-Performing |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 3,248 |  |  | ¥ | 3,248 |
Other than non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate companies in Japan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 124,452 |  |  |  | 43,210 |  |  |  | 30,996 |  |  |  | 27,022 |  |  |  | 22,251 |  |  |  | 46,222 |  |  | ¥ | 294,153 |
|  | Non-Performing |  |  | 0 |  |  |  | 230 |  |  |  | 0 |  |  |  | 913 |  |  |  | 9 |  |  |  | 923 |  |  | ¥ | 2,075 |
Real estate companies in overseas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 34,508 |  |  |  | 12,639 |  |  |  | 9,091 |  |  |  | 6,998 |  |  |  | 1,627 |  |  |  | 1,165 |  |  | ¥ | 66,028 |
|  | Non-Performing |  |  | 0 |  |  |  | 0 |  |  |  | 741 |  |  |  | 0 |  |  |  | 813 |  |  |  | 12,063 |  |  | ¥ | 13,617 |
Commercial, industrial and other companies in Japan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 76,764 |  |  |  | 27,327 |  |  |  | 16,743 |  |  |  | 17,003 |  |  |  | 8,383 |  |  |  | 12,878 |  |  | ¥ | 159,098 |
|  | Non-Performing |  |  | 125 |  |  |  | 80 |  |  |  | 431 |  |  |  | 264 |  |  |  | 133 |  |  |  | 399 |  |  | ¥ | 1,432 |
Commercial, industrial and other companies in overseas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 123,403 |  |  |  | 244,916 |  |  |  | 59,238 |  |  |  | 82,754 |  |  |  | 56,614 |  |  |  | 70,851 |  |  | ¥ | 637,776 |
|  | Non-Performing |  |  | 132 |  |  |  | 483 |  |  |  | 4,313 |  |  |  | 3,782 |  |  |  | 3,669 |  |  |  | 7,375 |  |  | ¥ | 19,754 |
|  |  |  | March 31, 2023 |
|  |  |  | Millions of yen |
Portfolio segment |  |  |  | Origination year (years ended March 31) |  |  |  |
Class |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Credit Quality |  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | Prior |  |  | Total |
Loans to Equity method investees: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 3,197 |  |  |  | 0 |  |  |  | 2,089 |  |  |  | 282 |  |  |  | 0 |  |  |  | 21,301 |  |  | ¥ | 26,869 |
|  | Non-Performing |  |  | 0 |  |  |  | 298 |  |  |  | 0 |  |  |  | 0 |  |  |  | 368 |  |  |  | 0 |  |  | ¥ | 666 |
Purchased loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 26 |  |  |  | 396 |  |  |  | 0 |  |  |  | 21 |  |  |  | 406 |  |  |  | 10,385 |  |  | ¥ | 11,234 |
|  | Non-Performing |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 1,021 |  |  | ¥ | 1,021 |
Net investment in leases: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 440,421 |  |  |  | 257,871 |  |  |  | 139,306 |  |  |  | 103,726 |  |  |  | 53,604 |  |  |  | 75,794 |  |  | ¥ | 1,070,722 |
|  | Non-Performing |  |  | 2,757 |  |  |  | 3,228 |  |  |  | 1,806 |  |  |  | 2,042 |  |  |  | 1,720 |  |  |  | 5,288 |  |  | ¥ | 16,841 |
Japan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 193,297 |  |  |  | 136,285 |  |  |  | 99,739 |  |  |  | 80,542 |  |  |  | 44,853 |  |  |  | 72,295 |  |  | ¥ | 627,011 |
|  | Non-Performing |  |  | 212 |  |  |  | 660 |  |  |  | 658 |  |  |  | 798 |  |  |  | 811 |  |  |  | 1,970 |  |  | ¥ | 5,109 |
Overseas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 247,124 |  |  |  | 121,586 |  |  |  | 39,567 |  |  |  | 23,184 |  |  |  | 8,751 |  |  |  | 3,499 |  |  | ¥ | 443,711 |
|  | Non-Performing |  |  | 2,545 |  |  |  | 2,568 |  |  |  | 1,148 |  |  |  | 1,244 |  |  |  | 909 |  |  |  | 3,318 |  |  | ¥ | 11,732 |
Total (excluding revolving repayment card loans) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  | ¥ | 1,171,744 |  |  | ¥ | 804,937 |  |  | ¥ | 551,251 |  |  | ¥ | 636,069 |  |  | ¥ | 450,935 |  |  | ¥ | 903,567 |  |  | ¥ | 4,518,503 |
|  | Non-Performing |  |  | 13,910 |  |  |  | 9,578 |  |  |  | 10,431 |  |  |  | 9,258 |  |  |  | 7,790 |  |  |  | 42,641 |  |  | ¥ | 93,608 |
The following table provides information about the origination years of financial assets as of March 31, 2024 and the gross write-offs, corresponding to each class of financial assets by origination year, recorded during fiscal 2024. Card loans to consumer borrowers with a revolving repayment feature that cannot be classified into the origination year are excluded from the table.
|  |  |  | March 31, 2024 |
|  |  |  | Millions of yen |
Portfolio segment |  |  |  | Origination year (years ended March 31) |  |  |  |
Class |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Credit Quality |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | Prior |  |  | Total |
Consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  | ¥ | 245,106 |  |  | ¥ | 200,373 |  |  | ¥ | 165,337 |  |  | ¥ | 248,395 |  |  | ¥ | 334,364 |  |  | ¥ | 788,888 |  |  | ¥ | 1,982,463 |
|  | Non-Performing |  |  | 1,139 |  |  |  | 1,224 |  |  |  | 607 |  |  |  | 292 |  |  |  | 500 |  |  |  | 11,871 |  |  | ¥ | 15,633 |
|  | Gross write-offs |  |  | 1,268 |  |  |  | 3,500 |  |  |  | 988 |  |  |  | 228 |  |  |  | 147 |  |  |  | 685 |  |  | ¥ | 6,816 |
Real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 219,407 |  |  |  | 182,697 |  |  |  | 161,632 |  |  |  | 247,905 |  |  |  | 334,009 |  |  |  | 788,635 |  |  | ¥ | 1,934,285 |
|  | Non-Performing |  |  | 109 |  |  |  | 22 |  |  |  | 508 |  |  |  | 281 |  |  |  | 486 |  |  |  | 11,770 |  |  | ¥ | 13,176 |
|  | Gross write-offs |  |  | 0 |  |  |  | 1 |  |  |  | 0 |  |  |  | 2 |  |  |  | 5 |  |  |  | 216 |  |  | ¥ | 224 |
Other* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 25,699 |  |  |  | 17,676 |  |  |  | 3,705 |  |  |  | 490 |  |  |  | 355 |  |  |  | 253 |  |  | ¥ | 48,178 |
|  | Non-Performing |  |  | 1,030 |  |  |  | 1,202 |  |  |  | 99 |  |  |  | 11 |  |  |  | 14 |  |  |  | 101 |  |  | ¥ | 2,457 |
|  | Gross write-offs |  |  | 1,268 |  |  |  | 3,499 |  |  |  | 988 |  |  |  | 226 |  |  |  | 142 |  |  |  | 469 |  |  | ¥ | 6,592 |
Corporate borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 484,932 |  |  |  | 236,795 |  |  |  | 276,776 |  |  |  | 96,684 |  |  |  | 121,132 |  |  |  | 183,404 |  |  | ¥ | 1,399,723 |
|  | Non-Performing |  |  | 5,144 |  |  |  | 3,346 |  |  |  | 26,661 |  |  |  | 5,255 |  |  |  | 6,705 |  |  |  | 23,023 |  |  | ¥ | 70,134 |
|  | Gross write-offs |  |  | 115 |  |  |  | 102 |  |  |  | 1,005 |  |  |  | 215 |  |  |  | 1,397 |  |  |  | 2,268 |  |  | ¥ | 5,102 |
Non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 97,099 |  |  |  | 22,621 |  |  |  | 10,572 |  |  |  | 6,713 |  |  |  | 1,266 |  |  |  | 7,015 |  |  | ¥ | 145,286 |
|  | Gross write-offs |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  | ¥ | 0 |
The Americas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 11,804 |  |  |  | 9,077 |  |  |  | 1,742 |  |  |  | 151 |  |  |  | 16,862 |  |  |  | 7,512 |  |  | ¥ | 47,148 |
|  | Non-Performing |  |  | 0 |  |  |  | 68 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 3,047 |  |  | ¥ | 3,115 |
|  | Gross write-offs |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 55 |  |  | ¥ | 55 |
Other than non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate companies in Japan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 143,553 |  |  |  | 57,185 |  |  |  | 28,355 |  |  |  | 22,836 |  |  |  | 22,907 |  |  |  | 58,195 |  |  | ¥ | 333,031 |
|  | Non-Performing |  |  | 37 |  |  |  | 0 |  |  |  | 0 |  |  |  | 9 |  |  |  | 656 |  |  |  | 773 |  |  | ¥ | 1,475 |
|  | Gross write-offs |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 4 |  |  |  | 0 |  |  | ¥ | 4 |
Real estate companies in overseas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 4,334 |  |  |  | 16,493 |  |  |  | 9,972 |  |  |  | 2,764 |  |  |  | 3,352 |  |  |  | 4,663 |  |  | ¥ | 41,578 |
|  | Non-Performing |  |  | 489 |  |  |  | 581 |  |  |  | 4,444 |  |  |  | 515 |  |  |  | 2,205 |  |  |  | 9,947 |  |  | ¥ | 18,181 |
|  | Gross write-offs |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  | ¥ | 0 |
|  |  |  | March 31, 2024 |
|  |  |  | Millions of yen |
Portfolio segment |  |  |  | Origination year (years ended March 31) |  |  |  |
Class |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Credit Quality |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | Prior |  |  | Total |
Commercial, industrial and other companies in Japan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 95,090 |  |  |  | 29,538 |  |  |  | 18,606 |  |  |  | 11,920 |  |  |  | 10,619 |  |  |  | 14,566 |  |  | ¥ | 180,339 |
|  | Non-Performing |  |  | 2 |  |  |  | 80 |  |  |  | 31 |  |  |  | 93 |  |  |  | 38 |  |  |  | 313 |  |  | ¥ | 557 |
|  | Gross write-offs |  |  | 0 |  |  |  | 76 |  |  |  | 54 |  |  |  | 29 |  |  |  | 22 |  |  |  | 100 |  |  | ¥ | 281 |
Commercial, industrial and other companies in overseas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 133,052 |  |  |  | 101,881 |  |  |  | 207,529 |  |  |  | 52,300 |  |  |  | 66,126 |  |  |  | 91,453 |  |  | ¥ | 652,341 |
|  | Non-Performing |  |  | 4,616 |  |  |  | 2,617 |  |  |  | 22,186 |  |  |  | 4,638 |  |  |  | 3,806 |  |  |  | 8,943 |  |  | ¥ | 46,806 |
|  | Gross write-offs |  |  | 115 |  |  |  | 26 |  |  |  | 951 |  |  |  | 186 |  |  |  | 1,371 |  |  |  | 2,113 |  |  | ¥ | 4,762 |
Loans to Equity method investees: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 133,587 |  |  |  | 27,874 |  |  |  | 72,407 |  |  |  | 2,091 |  |  |  | 58 |  |  |  | 13,983 |  |  | ¥ | 250,000 |
|  | Non-Performing |  |  | 0 |  |  |  | 230 |  |  |  | 327 |  |  |  | 0 |  |  |  | 0 |  |  |  | 1,372 |  |  | ¥ | 1,929 |
|  | Gross write-offs |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  | ¥ | 0 |
Purchased loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 145 |  |  |  | 16 |  |  |  | 590 |  |  |  | 227 |  |  |  | 4,670 |  |  |  | 13,445 |  |  | ¥ | 19,093 |
|  | Non-Performing |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 880 |  |  | ¥ | 880 |
|  | Gross write-offs |  |  | 1,163 |  |  |  | 409 |  |  |  | 229 |  |  |  | 44 |  |  |  | 206 |  |  |  | 45,671 |  |  | ¥ | 47,722 |
Net investment in leases: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 475,594 |  |  |  | 291,724 |  |  |  | 159,885 |  |  |  | 81,835 |  |  |  | 56,625 |  |  |  | 68,555 |  |  | ¥ | 1,134,218 |
|  | Non-Performing |  |  | 4,406 |  |  |  | 4,891 |  |  |  | 2,992 |  |  |  | 1,529 |  |  |  | 1,368 |  |  |  | 5,619 |  |  | ¥ | 20,805 |
|  | Gross write-offs |  |  | 1 |  |  |  | 190 |  |  |  | 839 |  |  |  | 422 |  |  |  | 298 |  |  |  | 885 |  |  | ¥ | 2,635 |
Japan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 199,864 |  |  |  | 139,133 |  |  |  | 100,905 |  |  |  | 67,932 |  |  |  | 46,911 |  |  |  | 64,436 |  |  | ¥ | 619,181 |
|  | Non-Performing |  |  | 213 |  |  |  | 585 |  |  |  | 886 |  |  |  | 776 |  |  |  | 657 |  |  |  | 1,796 |  |  | ¥ | 4,913 |
|  | Gross write-offs |  |  | 0 |  |  |  | 26 |  |  |  | 101 |  |  |  | 129 |  |  |  | 158 |  |  |  | 583 |  |  | ¥ | 997 |
Overseas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  |  | 275,730 |  |  |  | 152,591 |  |  |  | 58,980 |  |  |  | 13,903 |  |  |  | 9,714 |  |  |  | 4,119 |  |  | ¥ | 515,037 |
|  | Non-Performing |  |  | 4,193 |  |  |  | 4,306 |  |  |  | 2,106 |  |  |  | 753 |  |  |  | 711 |  |  |  | 3,823 |  |  | ¥ | 15,892 |
|  | Gross write-offs |  |  | 1 |  |  |  | 164 |  |  |  | 738 |  |  |  | 293 |  |  |  | 140 |  |  |  | 302 |  |  | ¥ | 1,638 |
Total (excluding revolving repayment card loans) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Performing |  | ¥ | 1,339,364 |  |  | ¥ | 756,782 |  |  | ¥ | 674,995 |  |  | ¥ | 429,232 |  |  | ¥ | 516,849 |  |  | ¥ | 1,068,275 |  |  | ¥ | 4,785,497 |
|  | Non-Performing |  |  | 10,689 |  |  |  | 9,691 |  |  |  | 30,587 |  |  |  | 7,076 |  |  |  | 8,573 |  |  |  | 42,765 |  |  | ¥ | 109,381 |
|  | Gross write-offs |  |  | 2,547 |  |  |  | 4,201 |  |  |  | 3,061 |  |  |  | 909 |  |  |  | 2,048 |  |  |  | 49,509 |  |  | ¥ | 62,275 |
Note: | Loans held for sale, policy loan receivables of an insurance entity and financing receivables, such as accounts receivable are not included in the table above.
* | Other in loans to consumer borrowers includes claims receivable arising from payments on guarantee of consumer loans. For further information, see Note 31 “Commitments, Guarantees and Contingent Liabilities.”
Summary of revolving repayment card loans | The information about card loans to consumer borrowers with a revolving repayment feature that cannot be classified into the origination year as of March 31, 2023 is as follows:
|  | March 31, 2023 |
|  | Millions of yen |
Portfolio segment |  | Revolving repayment card loans |  |  | Modification of collection condition by relief of contract condition |  |  | Total—revolving repayment card loans |  |  | Total— origination year (excluding revolving repayment card loans) |  |  | Total— financial assets measured at amortized cost |
Credit quality
Consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | ¥ | 166,392 |  |  | ¥ | 0 |  |  | ¥ | 166,392 |  |  | ¥ | 4,518,503 |  |  | ¥ | 4,684,895 |
Non-Performing |  |  | 1,588 |  |  |  | 3,655 |  |  |  | 5,243 |  |  |  | 93,608 |  |  | ¥ | 98,851 |
The information about card loans to consumer borrowers with a revolving repayment feature that cannot be classified into the origination year as of March 31, 2024 and the gross write-offs, corresponding to card loans, recorded during fiscal 2024 is as follows:
|  | March 31, 2024 |
|  | Millions of yen |
Portfolio segment |  | Revolving repayment card loans |  |  | Modification of collection condition by relief of contract condition |  |  | Total—revolving repayment card loans |  |  | Total— origination year (excluding revolving repayment card loans) |  |  | Total— financial assets measured at amortized cost |
Credit quality
Consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | ¥ | 72,353 |  |  | ¥ | 0 |  |  | ¥ | 72,353 |  |  | ¥ | 4,785,497 |  |  | ¥ | 4,857,850 |
Non-Performing |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 109,381 |  |  | ¥ | 109,381 |
Gross write-offs |  |  | 780 |  |  |  | 138 |  |  |  | 918 |  |  |  | 62,275 |  |  | ¥ | 63,193 |
Summary of past-due financial assets | The following table provides information about the past-due financial assets as of March 31, 2023 and 2024:
|  | March 31, 2023 |
|  |  |  | Millions of yen |
|  |  |  | Past-due financial assets |  |  |  |
Portfolio segment |  | Class |  | 30-89 days past-due |  |  | 90 days or more past-due |  |  | Total past-due |  |  | Total financing receivables |
Consumer borrowers |  |  |  | ¥ | 4,574 |  |  | ¥ | 10,047 |  |  | ¥ | 14,621 |  |  | ¥ | 2,299,307 |
|  | Real estate loans |  |  | 1,739 |  |  |  | 2,181 |  |  |  | 3,920 |  |  |  | 2,056,959 |
|  | Card loans |  |  | 514 |  |  |  | 1,364 |  |  |  | 1,878 |  |  |  | 171,635 |
|  | Other |  |  | 2,321 |  |  |  | 6,502 |  |  |  | 8,823 |  |  |  | 70,713 |
Corporate borrowers |  |  |  |  | 5,628 |  |  |  | 21,363 |  |  |  | 26,991 |  |  |  | 1,357,086 |
Non-recourse loans |  | Japan |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 124,499 |
|  | The Americas |  |  | 0 |  |  |  | 1,494 |  |  |  | 1,494 |  |  |  | 38,654 |
Other than non-recourse loans |  | Real estate companies in Japan |  |  | 159 |  |  |  | 219 |  |  |  | 378 |  |  |  | 296,228 |
|  | Real estate companies in overseas |  |  | 1,412 |  |  |  | 13,618 |  |  |  | 15,030 |  |  |  | 79,645 |
|  | Commercial, industrial and other companies in Japan |  |  | 1,366 |  |  |  | 1,118 |  |  |  | 2,484 |  |  |  | 160,530 |
|  | Commercial, industrial and other companies in overseas |  |  | 2,691 |  |  |  | 4,914 |  |  |  | 7,605 |  |  |  | 657,530 |
Loans to Equity method investees |  |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 27,535 |
Net investment in leases |  |  |  |  | 9,181 |  |  |  | 15,583 |  |  |  | 24,764 |  |  |  | 1,087,563 |
|  | Japan |  |  | 2,648 |  |  |  | 4,431 |  |  |  | 7,079 |  |  |  | 632,120 |
|  | Overseas |  |  | 6,533 |  |  |  | 11,152 |  |  |  | 17,685 |  |  |  | 455,443 |
Total |  |  |  | ¥ | 19,383 |  |  | ¥ | 46,993 |  |  | ¥ | 66,376 |  |  | ¥ | 4,771,491 |
|  | March 31, 2024 |
|  |  |  | Millions of yen |
|  |  |  | Past-due financial assets |  |  |  |
Portfolio segment |  | Class |  | 30-89 days past-due |  |  | 90 days or more past-due |  |  | Total past-due |  |  | Total financing receivables |
Consumer borrowers |  |  |  | ¥ | 3,994 |  |  | ¥ | 4,458 |  |  | ¥ | 8,452 |  |  | ¥ | 2,070,449 |
|  | Real estate loans |  |  | 2,064 |  |  |  | 2,178 |  |  |  | 4,242 |  |  |  | 1,947,461 |
|  | Card loans |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 72,353 |
|  | Other |  |  | 1,930 |  |  |  | 2,280 |  |  |  | 4,210 |  |  |  | 50,635 |
Corporate borrowers |  |  |  |  | 12,576 |  |  |  | 27,469 |  |  |  | 40,045 |  |  |  | 1,469,857 |
Non-recourse loans |  | Japan |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 145,286 |
|  | The Americas |  |  | 2,502 |  |  |  | 1,126 |  |  |  | 3,628 |  |  |  | 50,263 |
Other than non-recourse loans |  | Real estate companies in Japan |  |  | 113 |  |  |  | 115 |  |  |  | 228 |  |  |  | 334,506 |
|  | Real estate companies in overseas |  |  | 1,080 |  |  |  | 17,619 |  |  |  | 18,699 |  |  |  | 59,759 |
|  | Commercial, industrial and other companies in Japan |  |  | 1,666 |  |  |  | 355 |  |  |  | 2,021 |  |  |  | 180,896 |
|  | Commercial, industrial and other companies in overseas |  |  | 7,215 |  |  |  | 8,254 |  |  |  | 15,469 |  |  |  | 699,147 |
Loans to Equity method investees |  |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 251,929 |
Net investment in leases |  |  |  |  | 23,376 |  |  |  | 18,995 |  |  |  | 42,371 |  |  |  | 1,155,023 |
|  | Japan |  |  | 2,525 |  |  |  | 4,372 |  |  |  | 6,897 |  |  |  | 624,094 |
|  | Overseas |  |  | 20,851 |  |  |  | 14,623 |  |  |  | 35,474 |  |  |  | 530,929 |
Total |  |  |  | ¥ | 39,946 |  |  | ¥ | 50,922 |  |  | ¥ | 90,868 |  |  | ¥ | 4,947,258 |
Note: | Loans held for sale, policy loans receivable of an insurance entity and purchased loans are not included in the table above.
Summary of non-accrual of financial assets | The following table provides information about non-accrual of financial assets as of March 31, 2023 and 2024:
|  | March 31, 2023 |
|  | Millions of yen |
|  | Beginning balance |  |  | Ending balance |  |  | Interest income recognized during the reporting period |  |  | Balance not associated allowance for credit losses among financial assets measured at amortized cost, which is suspending recognition of income |
Non-accrual of financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment loans to consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  | ¥ | 1,824 |  |  | ¥ | 1,693 |  |  | ¥ | 235 |  |  | ¥ | 41 |
Overseas |  |  | 475 |  |  |  | 547 |  |  |  | 0 |  |  |  | 0 |
Card loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 503 |  |  |  | 1,367 |  |  |  | 28 |  |  |  | 0 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 2,391 |  |  |  | 5,429 |  |  |  | 170 |  |  |  | 10 |
Overseas |  |  | 519 |  |  |  | 1,105 |  |  |  | 0 |  |  |  | 0 |
Installment loans to corporate borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
The Americas |  |  | 8,787 |  |  |  | 3,248 |  |  |  | 0 |  |  |  | 0 |
Other than non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 351 |  |  |  | 219 |  |  |  | 51 |  |  |  | 13 |
Overseas |  |  | 20,879 |  |  |  | 12,804 |  |  |  | 0 |  |  |  | 0 |
Commercial, industrial and other companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 1,267 |  |  |  | 1,118 |  |  |  | 71 |  |  |  | 190 |
Overseas |  |  | 18,634 |  |  |  | 20,470 |  |  |  | 0 |  |  |  | 2,113 |
Loans to Equity method investees |  |  | 58 |  |  |  | 667 |  |  |  | 0 |  |  |  | 0 |
Net investment in leases |  |  | 17,771 |  |  |  | 16,627 |  |  |  | 0 |  |  |  | 0 |
Total |  | ¥ | 73,459 |  |  | ¥ | 65,294 |  |  | ¥ | 555 |  |  | ¥ | 2,367 |
|  | March 31, 2024 |
|  | Millions of yen |
|  | Beginning balance |  |  | Ending balance |  |  | Interest income recognized during the reporting period |  |  | Balance not associated allowance for credit losses among financial assets measured at amortized cost, which is suspending recognition of income |
Non-accrual of financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment loans to consumer borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  | ¥ | 1,693 |  |  | ¥ | 1,095 |  |  | ¥ | 246 |  |  | ¥ | 129 |
Overseas |  |  | 547 |  |  |  | 1,107 |  |  |  | 0 |  |  |  | 100 |
Card loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 1,367 |  |  |  | 0 |  |  |  | 27 |  |  |  | 0 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 5,429 |  |  |  | 96 |  |  |  | 169 |  |  |  | 7 |
Overseas |  |  | 1,105 |  |  |  | 2,574 |  |  |  | 0 |  |  |  | 35 |
Installment loans to corporate borrowers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
The Americas |  |  | 3,248 |  |  |  | 3,116 |  |  |  | 0 |  |  |  | 0 |
Other than non-recourse loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 219 |  |  |  | 115 |  |  |  | 45 |  |  |  | 4 |
Overseas |  |  | 12,804 |  |  |  | 16,093 |  |  |  | 0 |  |  |  | 0 |
Commercial, industrial and other companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 1,118 |  |  |  | 355 |  |  |  | 312 |  |  |  | 42 |
Overseas |  |  | 20,470 |  |  |  | 27,636 |  |  |  | 0 |  |  |  | 2,319 |
Loans to Equity method investees |  |  | 667 |  |  |  | 1,929 |  |  |  | 0 |  |  |  | 1,282 |
Net investment in leases |  |  | 16,627 |  |  |  | 19,002 |  |  |  | 0 |  |  |  | 0 |
Total |  | ¥ | 65,294 |  |  | ¥ | 73,118 |  |  | ¥ | 799 |  |  | ¥ | 3,918 |
Summary of troubled debt restructurings of financing receivables | The following table provides information about troubled debt restructurings of financing receivables that occurred during fiscal 2022 and fiscal 2023:
|  | Fiscal Year ended March 31, 2022 |
|  |  |  | Millions of yen |
Portfolio segment |  | Class |  | Pre-modification outstanding recorded investment |  |  | Post-modification outstanding recorded investment |
Consumer borrowers |  |  |  | ¥ | 8,761 |  |  | ¥ | 6,152 |
|  | Real estate loans |  |  | 15 |  |  |  | 6 |
|  | Card loans |  |  | 1,385 |  |  |  | 1,072 |
|  | Other |  |  | 7,361 |  |  |  | 5,074 |
Corporate borrowers |  |  |  |  | 5,481 |  |  |  | 5,319 |
Other than n on-recourse loans |  | Commercial, industrial and other companies in overseas |  |  | 5,481 |  |  |  | 5,319 |
Total |  |  |  | ¥ | 14,242 |  |  | ¥ | 11,471 |
|  | Fiscal Year ended March 31, 2023 |
|  |  |  | Millions of yen |
Portfolio segment |  | Class |  | Pre-modification outstanding recorded investment |  |  | Post-modification outstanding recorded investment |
Consumer borrowers |  |  |  | ¥ | 7,977 |  |  | ¥ | 6,171 |
|  | Real estate loans |  |  | 10 |  |  |  | 4 |
|  | Card loans |  |  | 1,536 |  |  |  | 1,312 |
|  | Other |  |  | 6,431 |  |  |  | 4,855 |
Corporate borrowers |  |  |  |  | 10,510 |  |  |  | 10,507 |
Other than non-recourse loans |  | Real estate companies in Japan |  |  | 231 |  |  |  | 230 |
|  | Commercial, industrial and other companies in overseas |  |  | 10,279 |  |  |  | 10,277 |
Total |  |  |  | ¥ | 18,487 |  |  | ¥ | 16,678 |
Summary of modifications of financing receivables | The following table provides information about modifications of financing receivables made to debtors experiencing financial difficulty that occurred during fiscal 2024:
Fiscal Year ended March 31, 2024 |
Millions of yen |
Portfolio segment |  | Interest rate reduction |  |  | Term extension |  |  | Principal forgiveness |
Class |  | Amortized cost basis |  |  | % of total class of financing receivable |  |  | Amortized cost basis |  |  | % of total class of financing receivable |  |  | Amortized cost basis |  |  | % of total class of financing receivable |
Consumer borrowers |  | ¥ | 1,266 |  |  |  | 0.1 |  |  | ¥ | 4,652 |  |  |  | 0.2 |  |  | ¥ | 42 |  |  |  | 0.0 |
Real estate loans |  |  | 5 |  |  |  | 0.0 |  |  |  | 1 |  |  |  | 0.0 |  |  |  | 1 |  |  |  | 0.0 |
Card loans |  |  | 1,176 |  |  |  | 1.6 |  |  |  | 6 |  |  |  | 0.0 |  |  |  | 40 |  |  |  | 0.1 |
Other |  |  | 85 |  |  |  | 0.2 |  |  |  | 4,645 |  |  |  | 9.2 |  |  |  | 1 |  |  |  | 0.0 |
Corporate borrowers |  |  | 0 |  |  |  | 0 |  |  |  | 4,499 |  |  |  | 0.3 |  |  |  | 932 |  |  |  | 0.1 |
Non-recourse loans |  |  | 0 |  |  |  | 0 |  |  |  | 1,277 |  |  |  | 0.7 |  |  |  | 0 |  |  |  | 0 |
The Americas |  |  | 0 |  |  |  | 0 |  |  |  | 1,277 |  |  |  | 2.5 |  |  |  | 0 |  |  |  | 0 |
Other than non-recourse loans |  |  | 0 |  |  |  | 0 |  |  |  | 3,222 |  |  |  | 0.3 |  |  |  | 932 |  |  |  | 0.1 |
Real estate companies in Japan |  |  | 0 |  |  |  | 0 |  |  |  | 69 |  |  |  | 0.0 |  |  |  | 0 |  |  |  | 0 |
Commercial, industrial and other companies in Japan |  |  | 0 |  |  |  | 0 |  |  |  | 711 |  |  |  | 0.4 |  |  |  | 0 |  |  |  | 0 |
Commercial, industrial and other companies in overseas |  |  | 0 |  |  |  | 0 |  |  |  | 2,442 |  |  |  | 0.3 |  |  |  | 932 |  |  |  | 0.1 |
Loans to Equity method investees |  |  | 0 |  |  |  | 0 |  |  |  | 955 |  |  |  | 0.4 |  |  |  | 0 |  |  |  | 0.0 |
Total |  | ¥ | 1,266 |  |  |  | 0.0 |  |  | ¥ | 10,106 |  |  |  | 0.2 |  |  | ¥ | 974 |  |  |  | 0.0 |
Portfolio segment |  | Combination - interest rate reduction and term extension |  |  | Combination - interest rate reduction and principal forgiveness |  |  | Combination - term extension and principal forgiveness |
Class |  | Amortized cost basis |  |  | % of total class of financing receivable |  |  | Amortized cost basis |  |  | % of total class of financing receivable |  |  | Amortized cost basis |  |  | % of total class of financing receivable |
Consumer borrowers |  | ¥ | 93 |  |  |  | 0.0 |  |  | ¥ | 546 |  |  |  | 0.0 |  |  | ¥ | 365 |  |  |  | 0.0 |
Real estate loans |  |  | 0 |  |  |  | 0 |  |  |  | 2 |  |  |  | 0.0 |  |  |  | 0 |  |  |  | 0 |
Card loans |  |  | 0 |  |  |  | 0.0 |  |  |  | 525 |  |  |  | 0.7 |  |  |  | 0 |  |  |  | 0 |
Other |  |  | 93 |  |  |  | 0.2 |  |  |  | 19 |  |  |  | 0.0 |  |  |  | 365 |  |  |  | 0.7 |
Corporate borrowers |  |  | 446 |  |  |  | 0.0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 220 |  |  |  | 0.0 |
Non-recourse loans |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
The Americas |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Other than non-recourse loans |  |  | 446 |  |  |  | 0.0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 220 |  |  |  | 0.0 |
Real estate companies in Japan |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Commercial, industrial and other companies in Japan |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Commercial, industrial and other companies in overseas |  |  | 446 |  |  |  | 0.1 |  |  |  | 0 |  |  |  | 0 |  |  |  | 220 |  |  |  | 0.0 |
Loans to Equity method investees |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 3,392 |  |  |  | 1.3 |
Total |  | ¥ | 539 |  |  |  | 0.0 |  |  | ¥ | 546 |  |  |  | 0.0 |  |  | ¥ | 3,977 |  |  |  | 0.1 |
|  | Fiscal Year ended March 31, 2024 |
|  | Millions of yen |
Portfolio segment |  | Combination - interest rate reduction, term extension and principal forgiveness |
Class |  | Amortized cost basis |  |  | % of total class of financing receivable |
Consumer borrowers |  | ¥ | 0 |  |  |  | 0 |
Real estate loans |  |  | 0 |  |  |  | 0 |
Card loans |  |  | 0 |  |  |  | 0 |
Other |  |  | 0 |  |  |  | 0 |
Corporate borrowers |  |  | 327 |  |  |  | 0.0 |
Non-recourse loans |  |  | 0 |  |  |  | 0 |
The Americas |  |  | 0 |  |  |  | 0 |
Other than non-recourse loans |  |  | 327 |  |  |  | 0.0 |
Real estate companies in Japan |  |  | 0 |  |  |  | 0 |
Commercial, industrial and other companies in Japan |  |  | 0 |  |  |  | 0 |
Commercial, industrial and other companies in overseas |  |  | 327 |  |  |  | 0.0 |
Loans to Equity method investees |  |  | 0 |  |  |  | 0 |
Total |  | ¥ | 327 |  |  |  | 0.0 |
Summary of financing receivables modified as troubled debt restructurings | The following table provides information about financing receivables modified as troubled debt restructurings within the previous 12 months from March 31, 2023 and for which there was a payment default during fiscal 2022 and fiscal 2023:
|  | Fiscal Year ended March 31, 2022 |
|  |  |  | Millions of yen |
Portfolio segment |  | Class |  | Recorded investment |
Consumer borrowers |  |  |  | ¥ | 900 |
|  | Real estate loans |  |  | 4 |
|  | Card loans |  |  | 6 |
|  | Other |  |  | 890 |
Total |  |  |  | ¥ | 900 |
|  | Fiscal Year ended March 31, 2023 |
|  |  |  | Millions of yen |
Portfolio segment |  | Class |  | Recorded investment |
Consumer borrowers |  |  |  | ¥ | 808 |
|  | Real estate loans |  |  | 5 |
|  | Card loans |  |  | 2 |
|  | Other |  |  | 801 |
Corporate borrowers |  |  |  |  | 4,692 |
Other than non-recourse loans |  | Commercial, industrial and other companies in overseas |  |  | 4,692 |
Total |  |  |  | ¥ | 5,500 |
Summary of financial effect of modifications of financing receivable | The following table provides information about the financial effect of the modifications of financing receivables made to debtors experiencing financial difficulty that occurred during fiscal 2024:
|  | Fiscal Year ended March 31, 2024
|  | Millions of yen
Portfolio segment |  | Financial effect
Class |  | Interest rate reduction |  | Term extension |  | Principal forgiveness
Consumer borrowers |  |  |  |  |  |
Real estate loans |  | Reduced weighted-average contractual interest rate from 5.3% to 0.0%. |  | Added a weighted-average 1.0 years to the life of loans. |  | Reduced the amortized cost basis of the loans by ¥8 million.
Card loans |  | Reduced weighted-average contractual interest rate from 12.7% to 0.7%. |  | Added a weighted-average 0.9 years to the life of loans. |  | Reduced the amortized cost basis of the loans by ¥185 million.
Other |  | Reduced weighted-average contractual interest rate from 14.6% to 5.3%. |  | Added a weighted-average 4.9 years to the life of loans. |  | Reduced the amortized cost basis of the loans by ¥785 million.
Corporate borrowers |  |  |  |  |  |
Non-recourse loans |  |  |  |  |  |
The Americas |  | — |  | Added a weighted-average 1.0 years to the life of loans. |  | —
Other than n on-recourse loans |  |  |  |  |  |
Real estate companies in Japan |  | — |  | Added a weighted-average 0.5 years to the life of loans. |  | —
Commercial, industrial and other companies in Japan |  | — |  | Added a weighted-average 1.0 years to the life of loans. |  | —
Commercial, industrial and other companies in overseas |  | Reduced weighted-average contractual interest rate from 8.8% to 6.4%. |  | Added a weighted-average 3.1 years to the life of loans. |  | Reduced the amortized cost basis of the loans by ¥1,487 million.
Loans to Equity method investees |  | — |  | Added a weighted-average 0.6 years to the life of loans. |  | Reduced the amortized cost basis of the loans by ¥624 million.
Net investment in leases |  |  |  |  |  |
Overseas |  | — |  | — |  | Reduced the amortized cost basis of the loans by ¥0 million.
Summary of past due financial assets with payment default and modifications of past due | The following table provides information about financing receivable that had a payment default and had been modified, when the debtor was experiencing financial difficulty, within the previous 12 months preceding the payment default date during fiscal 2024.
|  | Fiscal Year ended March 31, 2024 |
|  | Millions of yen |
Portfolio segment |  | Interest rate reduction |  |  | Term extension |  |  | Principal forgiveness |  |  | Combination -interest rate reduction and term extension |  |  | Combination -interest rate reduction and principal forgiveness |  |  | Combination - term extension and principal forgiveness |
Class
Consumer borrowers |  | ¥ | 25 |  |  | ¥ | 212 |  |  | ¥ | 1 |  |  | ¥ | 0 |  |  | ¥ | 33 |  |  | ¥ | 9 |
Real estate loans |  |  | 3 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Card loans |  |  | 18 |  |  |  | 0 |  |  |  | 1 |  |  |  | 0 |  |  |  | 28 |  |  |  | 0 |
Other |  |  | 4 |  |  |  | 212 |  |  |  | 0 |  |  |  | 0 |  |  |  | 5 |  |  |  | 9 |
Total |  | ¥ | 25 |  |  | ¥ | 212 |  |  | ¥ | 1 |  |  | ¥ | 0 |  |  | ¥ | 33 |  |  | ¥ | 9 |
The Company and its subsidiaries consider financing receivables whose terms have been modified to debtors experiencing financial difficulty as defaulted receivables when principal or interest is past-due 90 days or more in accordance with the modified terms. In common with all portfolio segments, the Company and its subsidiaries suspend accruing interest and may recognize additional allowance for credit losses as necessary for the defaulted receivables. The following table provides information about the past-due financial assets modified to debtors experiencing financial difficulty within the previous 12 months from March 31, 2024:
|  | March 31, 2024 |
|  | Millions of yen |
Portfolio segment |  | Current |  |  | 30-89 days past-due |  |  | 90 days or more past-due |
Class
Consumer borrowers |  | ¥ | 35 |  |  | ¥ | 91 |  |  | ¥ | 7 |
Real estate loans |  |  | 1 |  |  |  | 0 |  |  |  | 0 |
Card loans |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Other |  |  | 34 |  |  |  | 91 |  |  |  | 7 |
Corporate borrowers |  |  | 6,140 |  |  |  | 0 |  |  |  | 284 |
Non-recourse loans |  |  | 1,277 |  |  |  | 0 |  |  |  | 0 |
The Americas |  |  | 1,277 |  |  |  | 0 |  |  |  | 0 |
Other than non-recourse loans |  |  | 4,863 |  |  |  | 0 |  |  |  | 284 |
Real estate companies in Japan |  |  | 37 |  |  |  | 0 |  |  |  | 32 |
Commercial, industrial and other companies in Japan |  |  | 481 |  |  |  | 0 |  |  |  | 230 |
Commercial, industrial and other companies in overseas |  |  | 4,345 |  |  |  | 0 |  |  |  | 22 |
Loans to Equity method investees |  |  | 4,347 |  |  |  | 0 |  |  |  | 0 |
Total |  | ¥ | 10,522 |  |  | ¥ | 91 |  |  | ¥ | 291 |

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