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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

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