Short-Term and Long-Term Debt (Tables)

12 Months Ended

Mar. 31, 2020

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, 2019 and 2020 are as follows:

March 31, 2019

	Millions of yen		Weighted average rate
Short-term debt in Japan, mainly from banks	¥	121,870		1.9	%
Short-term debt outside Japan, mainly from banks		146,618		3.7
Commercial paper in Japan		38,598		0.0
Commercial paper outside Japan		2,463		3.3
	¥	309,549		2.5

March 31, 2020

	Millions of yen		Weighted average rate
Short-term debt in Japan, mainly from banks	¥	131,822		1.0	%
Short-term debt outside Japan, mainly from banks		187,300		2.2
Commercial paper in Japan		12,998		0.1
Commercial paper outside Japan		4,712		2.6
	¥	336,832		1.7

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, 2019 and 2020 are as follows:

March 31, 2019

	Due (Fiscal Year)		Millions of yen		Weighted average rate
Banks:
Fixed rate		2020~2037	¥	496,431		1.2	%
Floating rate		2020~2077		1,895,176		1.8
Insurance companies and others:
Fixed rate		2020~2037		348,103		0.8
Floating rate		2023~2077		271,170		0.7
Unsecured bonds		2023~2029		807,460		1.8
Unsecured notes under medium-term note program		2021~2027		190,082		3.1
Payables under securitized lease receivables		2021~2023		20,151		0.3
Payables under securitized loan receivables and investment in securities		2022~2039		157,649		2.4
			¥	4,186,222		1.7

March 31, 2020

	Due (Fiscal Year)		Millions of yen		Weighted average rate
Banks:
Fixed rate		2021~2037	¥	463,599		1.2	%
Floating rate		2021~2077		1,957,105		1.5
Insurance companies and others:
Fixed rate		2022~2037		336,821		1.2
Floating rate		2021~2077		336,949		1.8
Unsecured bonds		2022~2080		845,938		1.7
Unsecured notes under medium-term note program		2021~2027		176,802		3.1
Payables under securitized lease receivables		2021~2021		4,322		0.2
Payables under securitized loan receivables and investment in securities		2022~2039		157,818		2.2
			¥	4,279,354		1.6

Schedule of Long Term Debt Repayment

The repayment schedule for the next five years and thereafter for long-term debt at March 31, 2020 is as follows:

Years ending March 31,	Millions of yen
2021	¥	658,813
2022		632,540
2023		599,752
2024		438,901
2025		520,526
Thereafter		1,428,822
Total	¥	4,279,354

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 14 “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, 2020:

	Millions of yen
Lease payments, loans and investment in operating leases	¥	198,160
Investment in securities		167,800
Property under facility operations		28,275
Other assets and other		26,982
	¥	421,217