XML 48 R45.htm IDEA: XBRL DOCUMENT
v3.25.3

Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
--- | ---
Sep. 30, 2025
Equity [Abstract] |
Changes in each component of accumulated other comprehensive income (loss) | Changes in each component of accumulated other comprehensive income (loss) attributable to ORIX Corporation Shareholders for the six months ended September 30, 2024 and 2025, are as follows:
|  | Six months ended September 30, 2024 |
|  | Millions of yen |
|  | Net unrealized gains (losses) on investment in securities |  |  | Impact of changes in policy liability discount rate |  |  | Debt valuation adjustments |  |  | Defined benefit pension plans |  |  | Foreign currency translation adjustments |  |  | Net unrealized gains (losses) on derivative instruments |  |  | Accumulated other comprehensive income (loss) |
Balance at March 31, 2024 |  | ¥ | (250,806 | ) |  | ¥ | 257,785 |  |  | ¥ | 84 |  |  | ¥ | 9,670 |  |  | ¥ | 324,208 |  |  | ¥ | 16,207 |  |  | ¥ | 357,148 |
Net unrealized gains (losses) on investment in securities, net of tax of ¥21,373 million |  |  | (51,324 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (51,324 | )
Reclassification adjustment included in net income, net of tax of ¥1,380 million |  |  | (3,432 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,432 | )
Impact of changes in policy liability discount rate, net of tax of ¥92 million |  |  |  |  |  |  | 2,741 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,741 |
Debt valuation adjustments, net of tax of ¥28 million |  |  |  |  |  |  |  |  |  |  | (74 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (74 | )
Reclassification adjustment included in net income, net of tax of ¥1 million |  |  |  |  |  |  |  |  |  |  | (1 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1 | )
Defined benefit pension plans, net of tax of ¥178 million |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (352 | ) |  |  |  |  |  |  |  |  |  |  | (352 | )
Reclassification adjustment included in net income, net of tax of ¥70 million |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (174 | ) |  |  |  |  |  |  |  |  |  |  | (174 | )
Foreign currency translation adjustments, net of tax of ¥(2,971) million |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (68,723 | ) |  |  |  |  |  |  | (68,723 | )
Reclassification adjustment included in net income, net of tax of ¥(2,332) million |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,190 |  |  |  |  |  |  |  | 5,190 |
Net unrealized gains (losses) on derivative instruments, net of tax of ¥2,552 million |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (13,062 | ) |  |  | (13,062 | )
Reclassification adjustment included in net income, net of tax of ¥(1,397)million |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,833 |  |  |  | 4,833 |
Total other comprehensive income (loss) |  |  | (54,756 | ) |  |  | 2,741 |  |  |  | (75 | ) |  |  | (526 | ) |  |  | (63,533 | ) |  |  | (8,229 | ) |  |  | (124,378 | )
Less: Other Comprehensive Loss Attributable to the Noncontrolling Interests |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | (1 | ) |  |  | (1,153 | ) |  |  | (5 | ) |  |  | (1,159 | )
Less: Other Comprehensive Loss Attributable to the Redeemable Noncontrolling Interests |  |  | (12 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | (157 | ) |  |  | 0 |  |  |  | (169 | )
Balance at September 30, 2024 * |  | ¥ | (305,550 | ) |  | ¥ | 260,526 |  |  | ¥ | 9 |  |  | ¥ | 9,145 |  |  | ¥ | 261,985 |  |  | ¥ | 7,983 |  |  | ¥ | 234,098 |
* | As of September 30, 2024, net unrealized gains (losses) on investment in securities contained ¥(39) million (net of tax of ¥15 million ) of net unrealized gains (losses) on investment in securities related to available-for-sale debt securities with allowance for credit losses.
|  | Six months ended September 30, 2025 |  |  |  |
|  | Millions of yen |  |  |  |
|  | Net unrealized gains (losses) on investment in securities |  |  | Impact of changes in policy liability discount rate |  |  | Debt valuation adjustments |  |  | Defined benefit pension plans |  |  | Foreign currency translation adjustments |  |  | Net unrealized gains (losses) on derivative instruments |  |  | Accumulated other comprehensive income (loss) |
Balance at March 31, 2025 |  | ¥ | (403,914 | ) |  | ¥ | 416,124 |  |  | ¥ | 49 |  |  | ¥ | 14,791 |  |  | ¥ | 304,657 |  |  | ¥ | 9,591 |  |  | ¥ | 341,298 |
Net unrealized gains (losses) on investment in securities, net of tax of ¥33,944 million |  |  | (83,351 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (83,351 | )
Reclassification adjustment included in net income, net of tax of ¥1,767 million |  |  | (4,714 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4,714 | )
Impact of changes in policy liability discount rate, net of tax of ¥(108,460) million |  |  |  |  |  |  | 311,459 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 311,459 |
Debt valuation adjustments, net of tax of ¥(78 ) million |  |  |  |  |  |  |  |  |  |  | 192 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 192 |
Reclassification adjustment included in net income, net of tax of ¥1 million |  |  |  |  |  |  |  |  |  |  | (4 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4 | )
Defined benefit pension plans, net of tax of ¥ (2,580 ) million |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,716 |  |  |  |  |  |  |  |  |  |  |  | 5,716 |
Reclassification adjustment included in net income, net of tax of ¥69 million |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (171 | ) |  |  |  |  |  |  |  |  |  |  | (171 | )
Foreign currency translation adjustments, net of tax of ¥14,315 million |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,701 |  |  |  |  |  |  |  | 1,701 |
Reclassification adjustment included in net income, net of tax of ¥ 3,134 million |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (6,689 | ) |  |  |  |  |  |  | (6,689 | )
Net unrealized gains (losses) on derivative instruments, net of tax of ¥(13 ) million |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,585 | ) |  |  | (3,585 | )
Reclassification adjustment included in net income, net of tax of ¥ 1,417 million |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,508 | ) |  |  | (3,508 | )
Total other comprehensive income (loss) |  |  | (88,065 | ) |  |  | 311,459 |  |  |  | 188 |  |  |  | 5,545 |  |  |  | (4,988 | ) |  |  | (7,093 | ) |  |  | 217,046 |
Transaction with noncontrolling interests |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 28 |  |  |  | 0 |  |  |  | 28 |
Less: Other Comprehensive Income (Loss) Attributable to the Noncontrolling Interests |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | (3) |  |  |  | (614 | ) |  |  | (31 | ) |  |  | (648 | )
Less: Other Comprehensive Loss Attributable to the Redeemable Noncontrolling Interests |  |  | (6 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 402 |  |  |  | 0 |  |  |  | 396 |
Balance at September 30, 2025 * |  | ¥ | (491,973 | ) |  | ¥ | 727,583 |  |  | ¥ | 237 |  |  | ¥ | 20,339 |  |  | ¥ | 299,909 |  |  | ¥ | 2,529 |  |  | ¥ | 558,624 |
* | As of September 30, 2025, net unrealized gains (losses) on investment in securities contained ¥(186) million (net of tax of ¥28 million ) of net unrealized gains (losses) on investment in securities related to available-for-sale debt securities with allowance for credit losses.
Amounts Reclassified to Net Income from Accumulated Other Comprehensive Income (loss) | Amounts reclassified to net income from accumulated other comprehensive income (loss) in the six months ended September 30, 2024 and 2025 are as follows:
|  | Six months ended September 30, 2024
Details about accumulated other comprehensive income components |  | Reclassification adjustment included in net income |  |  |
| Millions of yen |  |  | Consolidated statements of income caption
Net unrealized gains (losses) on investment in securities |  |  |  |  |  |
Sales of debt securities |  | ¥ | 750 |  |  | Gains on investment securities and dividends
Sales of debt securities |  |  | (113 | ) |  | Life insurance premiums and related investment income
Amortization of debt securities |  |  | 1,250 |  |  | Finance revenues
Amortization of debt securities |  |  | 2,925 |  |  | Life insurance premiums and related investment income
|  |  | 4,812 |  |  | Total before income tax
|  |  | (1,380 | ) |  | Income tax (expense) or benefit
|  | ¥ | 3,432 |  |  | Net of tax
Debt valuation adjustments |  |  |  |  |  |
Fulfillment of policy liabilities and amortization of policy account balances |  | ¥ | 2 |  |  | Life insurance costs
|  |  | 2 |  |  | Total before income tax
|  |  | (1 | ) |  | Income tax (expense) or benefit
|  | ¥ | 1 |  |  | Net of tax
Defined benefit pension plans |  |  |  |  |  |
Amortization of prior service credit |  | ¥ | 198 |  |  | See Note 16 “Pension Plans”
Amortization of net actuarial loss |  |  | 47 |  |  | See Note 16 “Pension Plans”
Amortization of transition obligation |  |  | (1 | ) |  | See Note 16 “Pension Plans”
|  |  | 244 |  |  | Total before income tax
|  |  | (70 | ) |  | Income tax (expense) or benefit
|  | ¥ | 174 |  |  | Net of tax
Foreign currency translation adjustments |  |  |  |  |  |
Foreign exchange contracts |  | ¥ | (8,425 | ) |  | Gains on sales of subsidiaries and equity method investments and liquidation losses, net/Interest expense
Sales or liquidation |  |  | 903 |  |  | Gains on sales of subsidiaries and equity method investments and liquidation losses, net
|  |  | (7,522 | ) |  | Total before income tax
|  |  | 2,332 |  |  | Income tax (expense) or benefit
|  | ¥ | (5,190 | ) |  | Net of tax
Net unrealized gains (losses) on derivative instruments |  |  |  |  |  |
Interest rate swap agreements |  | ¥ | 68 |  |  | Interest expense
Foreign currency swap agreements |  |  | (6,294 | ) |  | Interest expense/Other (income) and expense
Options held/written and other |  |  | (4 | ) |  | Life insurance premiums and related investment income
|  |  | (6,230 | ) |  | Total before income tax
|  |  | 1,397 |  |  | Income tax (expense) or benefit
|  | ¥ | (4,833 | ) |  | Net of tax
|  | Six months ended September 30, 2025
Details about accumulated other comprehensive income components |  | Reclassification adjustment included in net income |  |  |
| Millions of yen |  |  | Consolidated statements of income caption
Net unrealized gains (losses) on investment in securities |  |  |  |  |  |
Sales of debt securities |  | ¥ | (3,879 | ) |  | Gains on investment securities and dividends
Sales of debt securities |  |  | 571 |  |  | Life insurance premiums and related investment income
Amortization of debt securities |  |  | 3,666 |  |  | Finance revenues
Amortization of debt securities |  |  | 6,240 |  |  | Life insurance premiums and related investment income
Others |  |  | (117 | ) |  | Write-downs of securities
|  |  | 6,481 |  |  | Total before income tax
|  |  | (1,767 | ) |  | Income tax (expense) or benefit
|  | ¥ | 4,714 |  |  | Net of tax
Debt valuation adjustments |  |  |  |  |  |
Fulfillment of policy liabilities and amortization of policy account balances |  | ¥ | 5 |  |  | Life insurance costs
|  |  | 5 |  |  | Total before income tax
|  |  | (1 | ) |  | Income tax (expense) or benefit
|  | ¥ | 4 |  |  | Net of tax
Defined benefit pension plans |  |  |  |  |  |
Amortization of prior service credit |  | ¥ | 169 |  |  | See Note 16 “Pension Plans”
Amortization of net actuarial loss |  |  | 71 |  |  | See Note 16 “Pension Plans”
Amortization of transition obligation |  |  | 0 |  |  | See Note 16 “Pension Plans”
|  |  | 240 |  |  | Total before income tax
|  |  | (69 | ) |  | Income tax (expense) or benefit
|  | ¥ | 171 |  |  | Net of tax
Foreign currency translation adjustments |  |  |  |  |  |
Foreign exchange contracts |  | ¥ | 2,781 |  |  | Gains on sales of subsidiaries and equity method investments and liquidation losses, net/Interest expense
Sales or liquidation |  |  | 7,042 |  |  | Gains on sales of subsidiaries and equity method investments and liquidation losses, net
|  |  | 9,823 |  |  | Total before income tax
|  |  | (3,134 | ) |  | Income tax (expense) or benefit
|  | ¥ | 6,689 |  |  | Net of tax
Net unrealized gains (losses) on derivative instruments |  |  |  |  |  |
Interest rate swap agreements |  | ¥ | 121 |  |  | Interest expense
Foreign exchange contracts |  |  | 3,072 |  |  | Interest expense/Other (income) and expense
Foreign currency swap agreements |  |  | 1,782 |  |  | Interest expense/Other (income) and expense
Options held/written and other |  |  | (50 | ) |  | Life insurance premiums and related investment income
|  |  | 4,925 |  |  | Total before income tax
|  |  | (1,417 | ) |  | Income tax (expense) or benefit
|  | ¥ | 3,508 |  |  | Net of tax

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

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration