XML 72 R57.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Short-Term and Long-Term Debt (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2024
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, 2023 and 2024 are as follows: 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 |
March 31, 2024
|  | Millions of yen |  |  | Weighted average rate |
Short-term debt in Japan, mainly from banks |  | ¥ | 139,450 |  |  |  | 0.7 | %
Short-term debt outside Japan, mainly from banks |  |  | 297,372 |  |  |  | 5.0 |
Commercial paper in Japan |  |  | 7,998 |  |  |  | 0.1 |
Commercial paper outside Japan |  |  | 5,851 |  |  |  | 2.7 |
Secured borrowings on securities lending transactions |  |  | 120,116 |  |  |  | 1.1 |
Unsecured bonds |  |  | 1,122 |  |  |  | 4.7 |
Payables under securitized loan receivables and investment in securities |  |  | 2,186 |  |  |  | 4.0 |
|  |  | ¥574,095 |  |  |  | 3.1 |
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, 2023 and 2024 are as follows: 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 |
March 31, 2024
|  | Due (Fiscal Year) |  |  | Millions of yen |  |  | Weighted average rate |
Banks: |  |  |  |  |  |  |  |  |  |  |  |
Fixed rate |  |  | 2025~2083 |  |  | ¥ | 777,366 |  |  |  | 1.6 | %
Floating rate |  |  | 2025~2077 |  |  |  | 2,587,324 |  |  |  | 3.4 |
Insurance companies and others: |  |  |  |  |  |  |  |  |  |  |  |
Fixed rate |  |  | 2029~2083 |  |  |  | 352,035 |  |  |  | 0.6 |
Floating rate |  |  | 2029~2077 |  |  |  | 271,029 |  |  |  | 2.4 |
Unsecured bonds |  |  | 2026~2081 |  |  |  | 1,208,672 |  |  |  | 2.0 |
Unsecured notes under medium-term note program |  |  | 2028~2030 |  |  |  | 272,064 |  |  |  | 3.8 |
Payables under securitized loan receivables and investment in securities |  |  | 2025~2044 |  |  |  | 157,886 |  |  |  | 6.0 |
|  |  |  |  |  | ¥ | 5,626,376 |  |  |  | 2.7 |
Schedule of Long Term Debt Repayment | The repayment schedule for the next five years and thereafter for long-term debt at March 31, 2024 is as follows:
Years ending March 31, |  | Millions of yen |
2025 |  | ¥ | 880,885 |
2026 |  |  | 728,921 |
2027 |  |  | 765,745 |
2028 |  |  | 775,531 |
2029 |  |  | 750,758 |
Thereafter |  |  | 1,724,536 |
Total |  | ¥ | 5,626,376 |
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, 2024:
|  | Millions of yen |
Lease payments, loans and investment in operating leases |  | ¥ | 310,217 |
Investment in securities |  |  | 324,760 |
Property under facility operations |  |  | 231,425 |
Other assets and other |  |  | 69,740 |
|  | ¥ | 936,142 |

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

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69E Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-1A Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480848/942-470-50-3 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-6 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financial instruments held by the entity for its own account for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions. Description may include equity, fixed income, debt or other securities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 860 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481444/860-30-45-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 860 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147481420/860-30-50-1A + Details
Name: | us-gaap_ScheduleOfFinancialInstrumentsOwnedAndPledgedAsCollateralTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration