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Accumulated Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Changes in Components of Accumulated Other Comprehensive Income (Loss)
Changes in each component of accumulated other comprehensive income (loss) attributable to ORIX Corporation Shareholders in fiscal 2018, 2019 and 2020 are as follows:
 
Millions of yen
 
 
Net unrealized
gains (losses)
on investment
in securities
 
 
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, 2017
 ¥
32,279
  ¥
0
  ¥
(17,330
) ¥
(31,736
) ¥
(4,483
) ¥
(21,270
)
                         
Net unrealized gains (losses) on investment in securities, net of tax of ¥2,045 million
  
(2,408
)  
   
   
   
   
(2,408
)
Reclassification adjustment included in net income, net of tax of ¥9,039 million
  
(20,426
)  
   
   
   
   
(20,426
)
Defined benefit pension plans, net of tax of ¥888 million
  
   
   
(2,893
)  
   
   
(2,893
)
Reclassification adjustment included in net income, net of tax of ¥23 million
  
   
   
(69
)  
   
   
(69
)
Foreign currency translation adjustments, net of tax of ¥2,813 million
  
   
   
   
(1,387
)  
   
(1,387
)
Reclassification adjustment included in net income, net of tax of ¥(1,296) million
  
   
   
   
(568
)  
   
(568
)
Net unrealized gains (losses) on derivative instruments, net of tax of ¥(1,120) million
  
   
   
   
   
3,820
   
3,820
 
Reclassification adjustment included in net income, net of tax of ¥981 million
  
   
   
   
   
(3,041
)  
(3,041
)
                         
Total other comprehensive income (loss)
  
(22,834
)  
0
   
(2,962
)  
(1,955
)  
779
   
(26,972
)
                         
Transaction with noncontrolling interests
  
0
   
0
   
0
   
(1
)  
0
   
(1
)
                         
Less: Other Comprehensive Income (Loss) Attributable to the Noncontrolling Interest
  
(88
)  
0
   
22
   
(1,537
)  
34
   
(1,569
)
                         
Less: Other Comprehensive Income (Loss) Attributable to the Redeemable Noncontrolling Interests
  
0
   
0
   
0
   
(416
)  
0
   
(416
)
                         
Reclassification of change in accounting standards
  
932
   
0
   
(173
)  
(67
)  
0
   
692
 
                         
Balance at March 31, 2018
 ¥
10,465
  ¥
0
  ¥
(20,487
) ¥
(31,806
) ¥
(3,738
) ¥
(45,566
)
                         
Cumulative effect of adopting Accounting Standards Update
2016-01
  
(3,250
)  
351
   
0
   
0
   
0
   
(2,899
)
                         
Balance at April 1, 2018
  
7,215
   
351
   
(20,487
)  
(31,806
)  
(3,738
)  
(48,465
)
                         
Net unrealized gains (losses) on investment in securities, net of tax of ¥(4,693) million
  
12,169
   
   
   
   
   
12,169
 
Reclassification adjustment included in net income, net of tax of ¥680 million
  
(1,954
)  
   
   
   
   
(1,954
)
Debt valuation adjustments, net of tax of ¥(101) million
  
   
258
   
   
   
   
258
 
Reclassification adjustment included in net income, net of tax of ¥11 million
  
   
(27
)  
   
   
   
(27
)
Defined benefit pension plans, net of tax of ¥2,821 million
  
   
   
(7,244
)  
   
   
(7,244
)
Reclassification adjustment included in net income, net of tax of ¥43 million
  
   
   
(102
)  
   
   
(102
)
Foreign currency translation adjustments, net of tax of ¥(729) million
  
   
   
   
(11,540
)  
   
(11,540
)
Reclassification adjustment included in net income, net of tax of ¥0 million
  
   
   
   
3
   
   
3
 
Net unrealized gains (losses) on derivative instruments, net of tax of ¥1,393 million
  
   
   
   
   
(4,621
)  
(4,621
)
Reclassification adjustment included in net income, net of tax of ¥(135) million
  
   
   
   
   
503
   
503
 
                         
Total other comprehensive income (loss)
  
10,215
   
231
   
(7,346
)  
(11,537
)  
(4,118
)  
(12,555
)
                         
Transaction with noncontrolling interests
  
0
   
0
   
(126
)  
23
   
0
   
(103
)
                         
Less: Other Comprehensive Income (Loss) Attributable to the Noncontrolling Interest
  
41
   
0
   
(57
)  
(88
)  
(2
)  
(106
)
                         
Less: Other Comprehensive Income Attributable to the Redeemable Noncontrolling Interests
  
0
   
0
   
0
   
326
   
0
   
326
 
                         
Balance at March 31, 2019
 ¥
17,389
  ¥
582
  ¥
(27,902
) ¥
(43,558
) ¥
(7,854
) ¥
(61,343
)
                         
 
     
 
Note:
  
Reclassification of change in accounting standards represents the amounts reclassified for the early adoption of the Accounting Standards Update
2018-02
(“Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income”—ASC 220 (“Income Statement
-
Reporting Comprehensive Income”)).
 
 
                         
 
Millions of yen
 
 
Net unrealized
gains (losses)
on investment
in securities
 
 
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, 2019
 ¥
17,389
  ¥
582
  ¥
(27,902
) ¥
(43,558
) ¥
(7,854
) ¥
(61,343
)
                         
Net unrealized gains (losses) on investment in securities, net of tax of ¥5,078 million
  
(17,637
)  
   
   
   
   
(17,637
)
Reclassification adjustment included in net income, net of tax of ¥1,938 million
  
(4,819
)  
   
   
   
   
(4,819
)
Debt valuation adjustments, net of tax of ¥(357) million
  
   
920
   
   
   
   
920
 
Reclassification adjustment included in net income, net of tax of ¥17 million
  
   
(45
)  
   
   
   
(45
)
Defined benefit pension plans, net of tax of ¥(223) million
  
   
   
886
   
   
   
886
 
Reclassification adjustment included in net income, net of tax of ¥(225) million
  
   
   
643
   
   
   
643
 
Foreign currency translation adjustments, net of tax of ¥(6,212) million
  
   
   
   
(40,605
)  
   
(40,605
)
Reclassification adjustment included in net income, net of tax of ¥(4,064) million
  
   
   
   
8,941
   
   
8,941
 
Net unrealized gains (losses) on derivative instruments, net of tax of ¥1,511 million
  
   
   
   
   
(6,385
)  
(6,385
)
Reclassification adjustment included in net income, net of tax of ¥652 million
  
   
   
   
   
(2,171
)  
(2,171
)
                         
Total other comprehensive income (loss)
  
(22,456
)  
875
   
1,529
   
(31,664
)  
(8,556
)  
(60,272
)
                         
Transaction with noncontrolling interests
  
0
   
0
   
0
   
4
   
(2
)  
2
 
                         
Less: Other Comprehensive Income (Loss) Attributable to the Noncontrolling Interests
  
(66
)  
0
   
2
   
(2,550
)  
(270
)  
(2,884
)
                         
Less: Other Comprehensive Income (Loss) Attributable to the Redeemable Noncontrolling Interests
  
0
   
0
   
0
   
(197
)  
0
   
(197
)
                         
Balance at March 31, 2020
 ¥
(5,001
) ¥
1,457
  ¥
(26,375
) ¥
(72,471
) ¥
(16,142
) ¥
(118,532
)
                         
 
 
Amounts Reclassified to Net Income from Accumulated Other Comprehensive Income (loss)
Amounts reclassified to net income from accumulated other comprehensive income (loss) for fiscal 2018, 2019 and 2020 are as follows:
       
 
March 31, 2018
Details about accumulated other comprehensive
income components
 
Reclassification
adjustment included in
net income
 
 
Consolidated statements of income caption
 
Millions of yen
 
 
Net unrealized gains (losses) on investment in securities
  
  
Sales of investment securities
 ¥
27,158
  
Gains on investment securities and dividends
Sales of investment securities
  
4,228
  
Life insurance premiums and related investment income
Amortization of investment securities
  
(735
) 
Finance revenues
Amortization of investment securities
  
(504
) 
Life insurance premiums and related investment income
Others
  
(682
) 
Write-downs of securities and other
       
  
29,465
  
Total before income tax
  
(9,039
) 
Income tax (expense) or benefit
       
 ¥
20,426
  
Net of tax
       
Defined benefit pension plans
  
  
Amortization of prior service credit
 ¥
1,035
  
See Note 20 “Pension Plans”
Amortization of net actuarial loss
  
(894
) 
See Note 20 “Pension Plans”
Amortization of transition obligation
  
(49
) 
See Note 20 “Pension Plans”
       
  
92
  
Total before income tax
  
(23
) 
Income tax (expense) or benefit
       
 ¥
69
  
Net of tax
       
Foreign currency translation adjustments
  
  
Sales or liquidation
 ¥
(728
) 
Gains on sales of subsidiaries and affiliates and liquidation losses, net
       
  
(728
) 
Total before income tax
  
1,296
  
Income tax (expense) or benefit
       
 ¥
568
  
Net of tax
       
Net unrealized gains (losses) on derivative instruments
  
  
Interest rate swap agreements
 ¥
132
  
Finance revenues/Interest expense
Foreign exchange contracts
  
(20
) 
Other (income) and expense
Foreign currency swap agreements
  
3,910
  
Finance revenues/Interest expense/
Other (income) and expense
       
  
4,022
  
Total before income tax
  
(981
) 
Income tax (expense) or benefit
       
 ¥
3,041
  
Net of tax
       
 
 
 
March 31, 2019
Details about accumulated other comprehensive
income components
 
Reclassification
adjustment included in
net income
 
 
Consolidated statements of income caption
 
Millions of yen
 
 
 
Net unrealized gains (losses) on investment in securities
  
  
Sales of debt securities
 ¥
3,460
  
Gains on investment securities and dividends
Sales of debt securities
  
1,573
  
Life insurance premiums and related
investment income
Amortization of debt securities
  
(1,030
) 
Finance revenues
Amortization of debt securities
  
(146
) 
Life insurance premiums and related investment income
Others
  
(1,223
) 
Write-downs of securities and other
       
  
2,634
  
Total before income tax
  
(680
) 
Income tax (expense) or benefit
       
 ¥
1,954
  
Net of tax
       
Debt valuation adjustments
  
  
Fulfillment of policy liabilities and amortization of policy account balances
 ¥
38
  
Life insurance costs
       
  
38
  
Total before income tax
  
(11
) 
Income tax (expense) or benefit
       
 ¥
27
  
Net of tax
       
Defined benefit pension plans
  
  
Amortization of prior service credit
 ¥
1,071
  
See Note 20 “Pension Plans”
Amortization of net actuarial loss
  
(919
) 
See Note 20 “Pension Plans”
Amortization of transition obligation
  
(7
) 
See Note 20 “Pension Plans”
       
  
145
  
Total before income tax
  
(43
) 
Income tax (expense) or benefit
       
 ¥
102
  
Net of tax
       
Foreign currency translation adjustments
  
  
Sales or liquidation
 ¥
(3
) 
Gains on sales of subsidiaries and affiliates and liquidation losses, net
       
  
(3
) 
Total before income tax
  
0
  
Income tax (expense) or benefit
       
 ¥
(3
) 
Net of tax
       
Net unrealized gains (losses) on derivative instruments
  
  
Interest rate swap agreements
 ¥
157
  
Finance revenues/Interest expense
Foreign exchange contracts
  
(156
) 
Other (income) and expense
Foreign currency swap agreements
  
(639
) 
Finance revenues/Interest expense/
Other (income) and expense
       
  
(638
) 
Total before income tax
  
135
  
Income tax (expense) or benefit
       
 ¥
(503
) 
Net of tax
       
 
March 31, 2020
Details about accumulated other comprehensive
income components
 
Reclassification
adjustment
 
included
 
in
net income
 
 
Consolidated statements of income caption
 
Millions of yen
 
 
Net unrealized gains (losses) on investment in securities
  
  
Sales of debt securities
 ¥
2,366
  
Gains on investment securities and dividends
Sales of debt securities
  
6,710
  
Life insurance premiums and related investment income
Amortization of debt securities
  
(1,425
) 
Finance revenues
Amortization of debt securities
  
(894
) 
Life insurance premiums and related investment income
       
  
6,757
  
Total before income tax
  
(1,938
) 
Income tax (expense) or benefit
       
 ¥
4,819
  
Net of tax
       
Debt valuation adjustments
  
  
Fulfillment of policy liabilities and amortization of policy account balances
 ¥
62
  
Life insurance costs
       
  
62
  
Total before income tax
  
(17
) 
Income tax (expense) or benefit
       
 ¥
45
  
Net of tax
       
Defined benefit pension plans
  
  
Amortization of prior service credit
 ¥
1,028
  
See Note 20 “Pension Plans”
Amortization of net actuarial loss
  
(1,895
) 
See Note 20 “Pension Plans”
Amortization of transition obligation
  
(1
) 
See Note 20 “Pension Plans”
       
  
(868
) 
Total before income tax
  
225
  
Income tax (expense) or benefit
       
 ¥
(643
) 
Net of tax
       
Foreign currency translation adjustments
  
  
Foreign exchange contracts
 ¥
(5,760
) 
Gains on sales of subsidiaries and affiliates and liquidation losses, net/Interest expense/Write-downs of securities
Sales or liquidation
, other
  
(7,245
) 
Gains on sales of subsidiaries and affiliates and liquidation losses, net/Write-downs of securities
       
  
(13,005
) 
Total before income tax
  
4,064
  
Income tax (expense) or benefit
       
 ¥
(8,941
) 
Net of tax
       
Net unrealized gains (losses) on derivative instruments
  
  
Interest rate swap agreements
 ¥
(775
) 
Interest expense
Foreign exchange contracts
  
(338
) 
Interest expense
/Other (income) and expense
Foreign currency swap agreements
  
3,936
  
Interest expense/Other (income) and
 
expense
       
  
2,823
  
Total before income tax
  
(652
) 
Income tax (expense) or benefit
       
 ¥
2,171
  
Net of tax