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CONSOLIDATED STATEMENTS OF CASH FLOWS - JPY (¥)
¥ in Millions
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:      
Net income ¥ 306,724 ¥ 327,039 ¥ 321,589
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 304,204 295,589 279,923
Principal payments received under net investment in leases 474,110 0 0
Provision for doubtful receivables and probable loan losses 24,425 22,525 17,265
Equity in net income of affiliates (excluding interest on loans) (65,764) (29,674) (46,587)
Gains on sales of subsidiaries and affiliates and liquidation losses, net (74,001) (33,314) (49,203)
Bargain purchase gain (955) 0 0
Gains on sales of securities other than trading (18,886) (10,182) (32,083)
Gains on sales of operating lease assets (51,072) (62,883) (35,291)
Write-downs of long-lived assets 3,043 2,418 5,525
Write-downs of securities 11,969 1,382 1,246
Deferred tax provision 14,890 (35,128) 5,588
Decrease in trading securities 63,681 95,370 144,367
Decrease in inventories 11,938 6,852 10,609
Decrease (Increase) in trade notes, accounts and other receivable 12,348 (5,576) (13,984)
Increase (Decrease) in trade notes, accounts and other payable (3,853) 10,990 17,831
Increase (Decrease) in policy liabilities and policy account balances 70,120 10,109 (53,512)
Increase (Decrease) in income taxes payable (33,318) 36,753 (74,241)
Other, net (7,137) (44,592) 69,749
Net cash provided by operating activities 1,042,466 587,678 568,791
Cash Flows from Investing Activities:      
Purchases of lease equipment (948,445) (998,073) (971,163)
Principal payments received under direct financing leases 0 469,262 470,870
Installment loans made to customers (1,527,000) (1,460,336) (1,396,724)
Principal collected on installment loans 1,134,142 1,239,385 1,184,298
Proceeds from sales of operating lease assets 339,504 429,295 285,954
Investment in affiliates, net (44,140) (278,027) (110,547)
Proceeds from sales of investment in affiliates 79,950 56,423 74,742
Purchases of available-for-sale debt securities (711,973) (556,213) (372,236)
Proceeds from sales of available-for-sale debt securities 249,427 221,824 395,629
Proceeds from redemption of available-for-sale debt securities 82,754 73,156 97,565
Purchases of equity securities other than trading (53,616) (66,959) (67,147)
Proceeds from sales of equity securities other than trading 34,145 83,261 104,600
Purchases of property under facility operations (44,466) (62,221) (80,095)
Acquisitions of subsidiaries, net of cash acquired (134,894) (119,105) (66,034)
Sales of subsidiaries, net of cash disposed 91,835 56,584 43,278
Other, net (17,709) 37,793 (32,110)
Net cash used in investing activities (1,470,486) (873,951) (439,120)
Cash Flows from Financing Activities:      
Net increase (decrease) in debt with maturities of three months or less 16,182 (50,881) 50,900
Proceeds from debt with maturities longer than three months 924,779 1,123,923 1,488,259
Repayment of debt with maturities longer than three months (832,881) (932,676) (1,396,531)
Net increase in deposits due to customers 304,182 169,830 143,318
Cash dividends paid to ORIX Corporation shareholders (103,824) (88,438) (72,757)
Acquisition of treasury stock (45,720) (707) (39,110)
Contribution from noncontrolling interests 23,994 22,760 4,740
Purchases of shares of subsidiaries from noncontrolling interests (4,501) (86,165) (11,299)
Net increase (decrease) in call money 10,000 20,000 (18,000)
Other, net (3,508) (10,999) (8,510)
Net cash provided by financing activities 288,703 166,647 141,010
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (8,979) (1,911) 1,224
Net increase (decrease) in Cash, Cash Equivalents and Restricted Cash (148,296) (121,537) 271,905
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 1,283,580 1,405,117 1,133,212
Cash, Cash Equivalents and Restricted Cash at End of Year ¥ 1,135,284 ¥ 1,283,580 ¥ 1,405,117