XML 60 R50.htm IDEA: XBRL DOCUMENT v3.25.2

Leases (Tables)

12 Months Ended

Mar. 31, 2025

Leases [Abstract]

Lease Income

Lease income for fiscal 2023, 2024 and 2025 are as follows:

		Millions of yen
		Fiscal Year ended March 31, 2023				Fiscal Year ended March 31, 2024				Fiscal Year ended March 31, 2025
Lease income – net investment in leases
Interest income		¥	80,810			¥	87,189			¥	92,327
Other			2,568				2,500				3,849
Lease income – operating leases*			499,541				535,490				624,444
Total lease income		¥	582,919			¥	625,179			¥	720,620

* Gains from the disposition of real estate under operating leases included in operating lease revenues were ¥25,699 million, ¥20,960 million and ¥31,965 million, and gains from the disposition of operating lease assets other than real estate included in operating lease revenues were ¥31,233 million, ¥32,481 million and ¥44,668 million for fiscal 2023, 2024 and 2025, respectively.

Net investment in lease direct financing and sales type

Net investment in leases at March 31, 2024 and 2025 consists of the following:

		Millions of yen
		March 31, 2024				March 31, 2025
Lease receivables*		¥	1,124,232			¥	1,132,186
Unguaranteed residual value			29,555				33,908
Initial direct costs			1,236				1,286
Total		¥	1,155,023			¥	1,167,380

* Some lease contracts are subject to government assistance for the customers’ acquisition of leased assets, mainly for the purpose of environmental measures. This government assistance is accounted for as a reduction of lease receivables of lease contracts when the Company and its subsidiaries confirm receipt of cash. The amount of a reduction of lease receivables were ¥31,108 million and ¥32,357 million as of March 31, 2024 and 2025, respectively. Benefits of the government assistance are attributed to the customers by the reduced lease payments. Furthermore, remaining term of government assistance contracts ranges up to 14 years and 13 years as of March 31, 2024 and 2025, respectively. And when receiving the government assistance, restrictions mainly on disposal of property and duty of keeping documents occur for a certain period of time.

Investment in Operating Leases

Investment in operating leases at March 31, 2024 and 2025 consists of the following:

		Millions of yen
		March 31, 2024				March 31, 2025
Transportation equipment		¥	1,892,410			¥	1,912,604
Measuring and information-related equipment			377,195				436,122
Real estate			308,989				364,004
Other			87,525				82,516
			2,666,119				2,795,246
Accumulated depreciation			(936,001	)			(946,341	)
Net			1,730,118				1,848,905
Right-of-use assets			87,359				73,518
Accrued rental receivables			54,230				46,248
Allowance for doubtful receivables on operating leases			(3,133	)			(1,493	)
Total		¥	1,868,574			¥	1,967,178

Depreciation and Various Expenses (Insurance, Property Tax and Other) of Operating Lease

Costs of operating leases include depreciation and various expenses (insurance, property tax and other). Depreciation and various expenses for fiscal 2023, 2024 and 2025 are as follows:

		Millions of yen
		2023				2024				2025
Depreciation expenses		¥	245,180			¥	261,723			¥	283,219
Various expenses			91,807				95,037				111,602
Total		¥	336,987			¥	356,760			¥	394,821

Lease Receivables of the Operating Lease Contracts

Remaining lease receivables of net investment in leases (including residual value guarantees) range up to 17 years at March 31, 2025. Remaining lease receivables of the operating lease contracts range up to 56 years at March 31, 2025. At March 31, 2025, the amounts due in each of the next five years and thereafter are as follows:

		Millions of yen
Years ending March 31,		Net investment in leases				Operating leases
2026		¥	480,728			¥	405,914
2027			326,021				261,880
2028			214,855				173,012
2029			130,697				109,486
2030			73,476				62,653
Thereafter			54,129				147,762
Total lease payments			1,279,906			¥	1,160,707
Less imputed interest			(147,720	)
Total lease receivables		¥	1,132,186

Component of Lease Expense

The component of lease expense for fiscal 2023, 2024 and 2025 are as follows:

		Millions of yen				Millions of yen				Millions of yen
		Year ended March 31, 2023				Year ended March 31, 2024				Year ended March 31, 2025
Finance lease cost
Depreciation expenses of right-of-use assets		¥	536			¥	580			¥	574
Interest expenses of lease liabilities			150				84				67
			686				664				641
Operating lease cost			52,279				53,405				53,013
Short-term lease cost			2,742				3,048				2,997
Variable lease cost			1,297				2,721				4,339
Sublease income			(8,819	)			(9,512	)			(9,971	)
Total		¥	48,185			¥	50,326			¥	51,019

Cash Flow Information Related To Lease

Supplemental cash flow information related to leases for fiscal 2023, 2024 and 2025 are as follows:

		Millions of yen
		Year Ended March 31, 2023
		Finance leases				Operating leases
Cash paid for amounts included in the measurements of lease liabilities:
Cash flows from operating activities		¥	150			¥	50,369
Cash flows from financing activities			781				0
Right-of-use assets obtained in exchange for lease liabilities:		¥	93			¥	39,823

		Millions of yen
		Year Ended March 31, 2024
		Finance leases				Operating leases
Cash paid for amounts included in the measurements of lease liabilities:
Cash flows from operating activities		¥	84			¥	52,759
Cash flows from financing activities			664				0
Right-of-use assets obtained in exchange for lease liabilities:		¥	1,481			¥	27,427
		Millions of yen
		Year Ended March 31, 2025
		Finance leases				Operating leases
Cash paid for amounts included in the measurements of lease liabilities:
Cash flows from operating activities		¥	67			¥	52,277
Cash flows from financing activities			725				0
Right-of-use assets obtained in exchange for lease liabilities:		¥	407			¥	54,161

Balance Sheet Information Related to Lessee Leases

Supplemental balance sheet information related to lessee leases at March 31, 2024 and 2025 are as follows:

		Millions of yen, except lease term and discount rate
		March 31, 2024
		Finance leases				Operating leases
Investment in Operating Leases		¥	4,685			¥	82,674
Property under Facility Operations			2,306				72,284
Office Facilities			293				94,932
Total right-of-use assets			7,284				249,890
Other Liabilities			7,877				252,344
Total lease liabilities		¥	7,877			¥	252,344
Weighted average remaining lease term			35 years				11 years
Weighted average discount rate			2.2	%			1.7	%

		Millions of yen, except lease term and discount rate
		March 31, 2025
		Finance leases				Operating leases
Investment in Operating Leases		¥	4,634			¥	68,883
Property under Facility Operations			1,863				99,201
Office Facilities			537				81,396
Total right-of-use assets			7,034				249,480
Other Liabilities			7,479				251,860
Total lease liabilities		¥	7,479			¥	251,860
Weighted average remaining lease term			35 years				12 years
Weighted average discount rate			2.0	%			1.7	%

Operating And Finance Lease Liability Maturity

At March 31, 2025, the amounts of lease liabilities related to lessee leases due in each of the next five years and thereafter are as follows:

		Millions of yen
Years ending March 31,		Finance leases				Operating leases
2026		¥	558			¥	52,560
2027			540				37,238
2028			523				30,826
2029			498				26,484
2030			425				23,057
Thereafter			7,960				115,482
Total lease payments			10,504				285,647
Less imputed interest			(3,025	)			(33,787	)
Total lease liabilities		¥	7,479			¥	251,860

X

- Definition

Direct financing sales type and operating lease income.

+ References

No definition available.

+ Details

Name:	ck0001070304_DirectFinancingSalesTypeAndOperatingLeaseIncomeTableTextBlock
Namespace Prefix:	ck0001070304_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Lessor Operating Lease And Net Investment Lease Payments Receivables Fiscal Year Maturity

+ References

No definition available.

+ Details

Name:	ck0001070304_LessorOperatingLeaseAndNetInvestmentLeasePaymentsReceivablesFiscalYearMaturityTableTextBlock
Namespace Prefix:	ck0001070304_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Net investment in lease direct financing and sales type [Table Text Block]

+ References

No definition available.

+ Details

Name:	ck0001070304_NetInvestmentInLeaseDirectFinancingAndSalesTypeTableTextBlock
Namespace Prefix:	ck0001070304_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Operating and finance lease liability maturity [Table Text Block]

+ References

No definition available.

+ Details

Name:	ck0001070304_OperatingAndFinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	ck0001070304_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Operating and finance lease supplemental balance sheet information [TableTextBlock]

+ References

No definition available.

+ Details

Name:	ck0001070304_OperatingAndFinanceLeaseSupplementalBalanceSheetInformationTableTextBlock
Namespace Prefix:	ck0001070304_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Operating Lease Expense.

+ References

No definition available.

+ Details

Name:	ck0001070304_OperatingLeaseExpenseTableTextBlock
Namespace Prefix:	ck0001070304_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Supplemental Cash Flow Information Related To Lease

+ References

No definition available.

+ Details

Name:	ck0001070304_SupplementalCashFlowInformationRelatedToLeaseTableTextBlock
Namespace Prefix:	ck0001070304_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessor's underlying asset for which right to use has been conveyed to lessee under operating lease.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 840
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481501/840-20-50-4

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-13

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 360
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

+ Details

Name:	us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration