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Fair Value Measurements (Reconciliation of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs) (Detail) - JPY (¥)
¥ in Millions
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Equity securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance ¥ 61,193 ¥ 37,879  
Gains or losses (realized/ unrealized), included in earnings [1] 8,197 4,443  
Gains or losses (realized/ unrealized), included in other comprehensive income [2] (1,641) 578  
Gains or losses (realized/ unrealized), total 6,556 5,021  
Purchases [3] 31,725 37,871  
Sales (10,108) (1,080)  
Settlements [4] (5,465) (18,498)  
Transfers in and/or out of Level 3 (net) 0 0  
Ending Balance 83,901 61,193  
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 8,033 4,192  
Investment funds | Equity securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 61,193 37,879  
Gains or losses (realized/ unrealized), included in earnings [1] 8,197 4,443  
Gains or losses (realized/ unrealized), included in other comprehensive income [2] (1,641) 578  
Gains or losses (realized/ unrealized), total 6,556 5,021  
Purchases [3] 31,725 37,871  
Sales (10,108) (1,080)  
Settlements [4] (5,465) (18,498)  
Transfers in and/or out of Level 3 (net) 0 0  
Ending Balance 83,901 61,193  
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 8,033 4,192  
Other assets      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 12,449 15,008 ¥ 22,116
Gains or losses (realized/ unrealized), included in earnings 2,937 [1] (5,483) [1] (11,191)
Gains or losses (realized/ unrealized), included in other comprehensive income 0 [2] 0 [2] 0 [5]
Gains or losses (realized/ unrealized), total 2,937 (5,483) (11,191)
Purchases [3] 3,053 3,572 5,385
Sales 0 0 0
Settlements [4] (233) (648) (1,302)
Transfers in and/or out of Level 3 (net) 0 0 0
Ending Balance 18,206 12,449 15,008
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 2,937 (5,483) (11,191)
Variable Annuity and Variable Life Insurance Contracts      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance [6] 360,198 444,010 605,520
Gains or losses (realized/ unrealized), included in earnings [6] 4,802 [1] 7,874 [1] (19,265) [7]
Gains or losses (realized/ unrealized), included in other comprehensive income [6] 1,215 [2] 321 [2] 0 [5]
Gains or losses (realized/ unrealized), total [6] 6,017 8,195 (19,265)
Purchases 0 [3],[6] 0 [3],[6] 0
Sales [6] 0 0 0
Settlements (53,442) [4],[6] (75,617) [4],[6] (180,775)
Transfers in and/or out of Level 3 (net) [6] 0 0 0
Ending Balance [6] 300,739 360,198 444,010
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period 4,802 [1],[6] 7,874 [1],[6] (19,265)
Reinsurance Recoverable | Other assets      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance [8] 12,449 15,008 22,116
Gains or losses (realized/ unrealized), included in earnings [8] 2,937 [1] (5,483) [1] (11,191) [7]
Gains or losses (realized/ unrealized), included in other comprehensive income [8] 0 [2] 0 [2] 0 [5]
Gains or losses (realized/ unrealized), total [8] 2,937 (5,483) (11,191)
Purchases 3,053 [3],[8] 3,572 [3],[8] 5,385
Sales [8] 0 0 0
Settlements (233) [4],[8] (648) [4],[8] (1,302)
Transfers in and/or out of Level 3 (net) [8] 0 0 0
Ending Balance [8] 18,206 12,449 15,008
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period 2,937 [1],[8] (5,483) [1],[8] (11,191)
Insurance Contract, Rights and Obligations      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 360,198 444,010 605,520
Gains or losses (realized/ unrealized), included in earnings 4,802 [1] 7,874 [1] (19,265)
Gains or losses (realized/ unrealized), included in other comprehensive income 1,215 [2] 321 [2] 0 [5]
Gains or losses (realized/ unrealized), total 6,017 8,195 (19,265)
Purchases [3] 0 0 0
Sales 0 0 0
Settlements [4] (53,442) (75,617) (180,775)
Transfers in and/or out of Level 3 (net) 0 0 0
Ending Balance 300,739 360,198 444,010
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 4,802 7,874 (19,265)
Available-for-sale securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance     124,516
Gains or losses (realized/ unrealized), included in earnings     3,690
Gains or losses (realized/ unrealized), included in other comprehensive income [5]     (5,717)
Gains or losses (realized/ unrealized), total     (2,027)
Purchases [3]     79,925
Sales     (37,942)
Settlements [4]     (43,555)
Transfers in and/or out of Level 3 (net)     0
Ending Balance     120,917
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1]     (35)
Available-for-sale securities | Corporate debt securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance     1,618
Gains or losses (realized/ unrealized), included in earnings     0
Gains or losses (realized/ unrealized), included in other comprehensive income [5]     2
Gains or losses (realized/ unrealized), total     2
Purchases [3]     2,050
Sales     0
Settlements [4]     (633)
Transfers in and/or out of Level 3 (net)     0
Ending Balance     3,037
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1]     0
Available-for-sale securities | CMBS and RMBS in the Americas      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance     57,858
Gains or losses (realized/ unrealized), included in earnings     1,664
Gains or losses (realized/ unrealized), included in other comprehensive income [5]     (3,248)
Gains or losses (realized/ unrealized), total     (1,584)
Purchases [3]     1,858
Sales     (3,347)
Settlements [4]     (18,775)
Transfers in and/or out of Level 3 (net)     0
Ending Balance     36,010
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1]     (97)
Available-for-sale securities | Other asset-backed securities and debt securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance     65,040
Gains or losses (realized/ unrealized), included in earnings     2,026
Gains or losses (realized/ unrealized), included in other comprehensive income [5]     (2,471)
Gains or losses (realized/ unrealized), total     (445)
Purchases [3]     76,017
Sales     (34,595)
Settlements [4]     (24,147)
Transfers in and/or out of Level 3 (net)     0
Ending Balance     81,870
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1]     62
Other securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance     27,801
Gains or losses (realized/ unrealized), included in earnings     4,169
Gains or losses (realized/ unrealized), included in other comprehensive income [5]     (1,976)
Gains or losses (realized/ unrealized), total     2,193
Purchases [3]     26,991
Sales     (19,106)
Settlements [4]     0
Transfers in and/or out of Level 3 (net)     0
Ending Balance     37,879
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1]     4,274
Other securities | Investment funds      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance     27,801
Gains or losses (realized/ unrealized), included in earnings     4,169
Gains or losses (realized/ unrealized), included in other comprehensive income [5]     (1,976)
Gains or losses (realized/ unrealized), total     2,193
Purchases [3]     26,991
Sales     (19,106)
Settlements [4]     0
Transfers in and/or out of Level 3 (net)     0
Ending Balance     37,879
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1]     4,274
Derivative Financial Instruments, Assets and Liabilities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 5,272 2,291 5,233
Gains or losses (realized/ unrealized), included in earnings 10,402 [1] 2,981 [1] (3,356)
Gains or losses (realized/ unrealized), included in other comprehensive income (192) [2] 0 [2] 0 [5]
Gains or losses (realized/ unrealized), total 10,210 2,981 (3,356)
Purchases [3] 3,748 0 2,024
Sales 0 0 0
Settlements [4] 0 0 (1,610)
Transfers in and/or out of Level 3 (net) 0 0 0
Ending Balance 19,230 5,272 2,291
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 10,402 2,981 (3,356)
Derivative Financial Instruments, Assets and Liabilities | Options held/written and other      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 5,272 2,291 5,233
Gains or losses (realized/ unrealized), included in earnings 10,402 [1] 2,981 [1] (3,356)
Gains or losses (realized/ unrealized), included in other comprehensive income (192) [2] 0 [2] 0 [5]
Gains or losses (realized/ unrealized), total 10,210 2,981 (3,356)
Purchases [3] 3,748 0 2,024
Sales 0 0 0
Settlements [4] 0 0 (1,610)
Transfers in and/or out of Level 3 (net) 0 0 0
Ending Balance 19,230 5,272 2,291
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 10,402 2,981 ¥ (3,356)
Available-for-sale Debt Securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 100,447 120,917  
Gains or losses (realized/ unrealized), included in earnings [1] 1,291 1,912  
Gains or losses (realized/ unrealized), included in other comprehensive income [2] (13,721) 2,020  
Gains or losses (realized/ unrealized), total (12,430) 3,932  
Purchases [3] 41,270 44,163  
Sales (3,925) (23,241)  
Settlements [4] (34,018) (27,221)  
Transfers in and/or out of Level 3 (net) (2,991) (18,103)  
Ending Balance 88,353 100,447  
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 131 268  
Available-for-sale Debt Securities | Corporate debt securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 7,158 3,037  
Gains or losses (realized/ unrealized), included in earnings [1] 0 0  
Gains or losses (realized/ unrealized), included in other comprehensive income [2] (8) 4  
Gains or losses (realized/ unrealized), total (8) 4  
Purchases [3] 900 3,100  
Sales 0 0  
Settlements [4] (1,065) (981)  
Transfers in and/or out of Level 3 (net) (2,991) 1,998  
Ending Balance 3,994 7,158  
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 0 0  
Available-for-sale Debt Securities | CMBS and RMBS in the Americas      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance   36,010  
Gains or losses (realized/ unrealized), included in earnings [1]   1,034  
Gains or losses (realized/ unrealized), included in other comprehensive income [2]   546  
Gains or losses (realized/ unrealized), total   1,580  
Purchases [3]   1,304  
Sales   (6,711)  
Settlements [4]   (8,777)  
Transfers in and/or out of Level 3 (net)   (23,406)  
Ending Balance   0  
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1]   0  
Available-for-sale Debt Securities | Other asset-backed securities and debt securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 90,401 81,870  
Gains or losses (realized/ unrealized), included in earnings [1] 1,291 1,431  
Gains or losses (realized/ unrealized), included in other comprehensive income [2] (13,657) 1,334  
Gains or losses (realized/ unrealized), total (12,366) 2,765  
Purchases [3] 40,370 39,759  
Sales (3,925) (16,530)  
Settlements [4] (32,953) (17,463)  
Transfers in and/or out of Level 3 (net) 0 0  
Ending Balance 81,527 90,401  
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] 131 268  
Available-for-sale Debt Securities | Japanese prefectural and foreign municipal bond securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Beginning Balance 2,888 0  
Gains or losses (realized/ unrealized), included in earnings [1] 0 (553)  
Gains or losses (realized/ unrealized), included in other comprehensive income [2] (56) 136  
Gains or losses (realized/ unrealized), total (56) (417)  
Purchases [3] 0 0  
Sales 0 0  
Settlements [4] 0 0  
Transfers in and/or out of Level 3 (net) 0 3,305  
Ending Balance 2,832 2,888  
Change in unrealized gains or losses included in earnings for assets and liabilities still held at the end of period [1] ¥ 0 ¥ 0  
[1] Principally, gains and losses from available-for-sale debt securities are included in “Gains on investment securities and dividends”, “Write-downs of securities” or “Life insurance premiums and related investment income”; equity securities are included in “Gains on investment securities and dividends” and derivative assets and liabilities (net) are included in “Other (income) and expense” respectively. Additionally, for available-for-sale debt securities, amortization of interest recognized in finance revenues is included in these columns.
[2] Unrealized gains and losses from available-for-sale debt securities are included in “Net change of unrealized gains (losses) on investment in securities” and “Net change of foreign currency translation adjustments”, unrealized gains and losses from equity securities and derivative assets and liabilities (net) are included mainly in “Net change of foreign currency translation adjustments”, unrealized gains and losses from policy liabilities and policy account balances are included in “Net change of debt valuation adjustments.”
[3] Increases resulting from an acquisition of a subsidiary and insurance contracts ceded to reinsurance companies are included.
[4] Decreases resulting from the receipts of reimbursements for benefits, and decreases resulting from insurance payouts to variable annuity and variable life policyholders due to death, surrender and maturity of the investment period are included.
[5] Unrealized gains and losses from available-for-sale securities are included in “Net change of unrealized gains (losses) on investment in securities” and “Net change of foreign currency translation adjustments.” Additionally, unrealized gains and losses from other securities are included mainly in “Net change of foreign currency translation adjustments.”
[6] “Included in earnings” in the above table is recorded in “Life insurance costs” and includes changes in the fair value of policy liabilities and policy account balances resulting from gains or losses on the underlying investment assets managed on behalf of variable annuity and variable life policyholders, and the changes in the minimum guarantee risks relating to variable annuity and variable life insurance contracts as well as insurance costs recognized for insurance and annuity payouts as a result of insured events.
[7] Principally, gains and losses from available-for-sale securities are included in “Gains on investment securities and dividends”, “Write-downs of securities” or “Life insurance premiums and related investment income”; other securities are included in “Gains on investment securities and dividends” and derivative assets and liabilities (net) are included in “Other (income) and expense” respectively. Additionally, for available-for-sale securities, amortization of interest recognized in finance revenues is included in these columns.
[8] “Included in earnings” in the above table includes changes in the fair value of reinsurance contracts recorded in “Life insurance costs” and reinsurance premiums, net of reinsurance benefits received, recorded in “Life insurance premiums and related investment income.”