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Fair Value Measurements (Information about Valuation Techniques and Significant Unobservable Inputs Used in Valuation of Level Three Assets and Liabilities Measured at Fair Value on Recurring Basis) (Detail)
¥ in Millions
Mar. 31, 2020
JPY (¥)
Mar. 31, 2019
JPY (¥)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities ¥ 1,631,185 ¥ 1,264,244
Equity securities [1] 492,902 549,047
Derivative assets 30,538 13,998
Other assets 18,206 12,449
Policy liabilities and Policy Account Balances 300,739 360,198
Corporate debt securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities 596,477 487,997
Other asset-backed securities and debt securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities 81,736 90,612
Japanese prefectural and foreign municipal bond securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities 250,355 193,305
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities 88,353 100,447
Equity securities 83,901 [2] 61,193 [3]
Derivative assets [4] 0 0
Other assets   12,449
Total 209,690 179,361
Total financial liabilities 300,739 360,198
Level 3 | Corporate debt securities | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities 1,995 2,162
Level 3 | Corporate debt securities | Appraisals    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities 1,999 4,996
Level 3 | Other asset-backed securities and debt securities | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities 20,582 23,651
Level 3 | Other asset-backed securities and debt securities | Appraisals    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities ¥ 60,945 66,750
Level 3 | Other asset-backed securities and debt securities | Measurement Input, Default Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 1.9  
Level 3 | Investment funds | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities ¥ 54,898 32,702
Level 3 | Investment funds | Appraisals    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities   22,479
Level 3 | Investment funds | Fair Value Inputs Level 3 Internal Cash Flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 5,714 6,012
Level 3 | Investment funds | Discount rate | Appraisals    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 23,289  
Level 3 | Options held | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets   5,005
Level 3 | Options held | Appraisals    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets 60 267
Level 3 | Options held | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets 19,170  
Level 3 | Reinsurance Recoverable | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other assets 18,206 12,449
Level 3 | Variable Annuity and Variable Life Insurance Contracts | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Policy liabilities and Policy Account Balances 300,739 360,198
Level 3 | Japanese prefectural and foreign municipal bond securities | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt securities ¥ 2,832 ¥ 2,888
Level 3 | Japanese prefectural and foreign municipal bond securities | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 8.5 8.5
Minimum | Level 3 | Corporate debt securities | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 0.4 0.1
Minimum | Level 3 | Other asset-backed securities and debt securities | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 1.0 0.2
Minimum | Level 3 | Other asset-backed securities and debt securities | Measurement Input, Default Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities   0.6
Minimum | Level 3 | Investment funds | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities   3.8
Minimum | Level 3 | Investment funds | Discount rate | Fair Value Inputs Level 3 Internal Cash Flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 0.0 0.0
Minimum | Level 3 | Investment funds | WACC | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 7.6  
Minimum | Level 3 | Investment funds | Teminal EBITDA multiple | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 7.0  
Minimum | Level 3 | Investment funds | Measurement Input EV Terminal EBITDA | Market Multiples    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 6.5  
Minimum | Level 3 | Investment funds | Measurement Input EV Last Twelve Months EBITDA | Market Multiples    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 7.5  
Minimum | Level 3 | Investment funds | Measurement Input EV Precedent transaction Last Twelve Months EBITDA | Market Multiples    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 7.5  
Minimum | Level 3 | Options held | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Derivative assets 12.0 0.0
Minimum | Level 3 | Reinsurance Recoverable | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 0.2 (0.1)
Minimum | Level 3 | Reinsurance Recoverable | Mortality Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 0.0 0.0
Minimum | Level 3 | Reinsurance Recoverable | Lapse Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 1.5 1.5
Minimum | Level 3 | Reinsurance Recoverable | Annuitization Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 0.0 0.0
Minimum | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 0.2 0.1
Minimum | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Mortality Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 0.0 0.0
Minimum | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Lapse Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 1.5 1.5
Minimum | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Annuitization Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 0.0 0.0
Maximum | Level 3 | Corporate debt securities | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 2.5 1.3
Maximum | Level 3 | Other asset-backed securities and debt securities | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 51.2 51.2
Maximum | Level 3 | Other asset-backed securities and debt securities | Measurement Input, Default Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities   1.6
Maximum | Level 3 | Investment funds | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities   17.0
Maximum | Level 3 | Investment funds | Discount rate | Fair Value Inputs Level 3 Internal Cash Flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities   65.0
Maximum | Level 3 | Investment funds | WACC | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 19.1  
Maximum | Level 3 | Investment funds | Teminal EBITDA multiple | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 11.9  
Maximum | Level 3 | Investment funds | Measurement Input EV Terminal EBITDA | Market Multiples    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 10.3  
Maximum | Level 3 | Investment funds | Measurement Input EV Last Twelve Months EBITDA | Market Multiples    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 11.8  
Maximum | Level 3 | Investment funds | Measurement Input EV Precedent transaction Last Twelve Months EBITDA | Market Multiples    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 12.1  
Maximum | Level 3 | Options held | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Derivative assets 33.0 15.0
Maximum | Level 3 | Reinsurance Recoverable | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 0.6 0.4
Maximum | Level 3 | Reinsurance Recoverable | Mortality Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 100.0 100.0
Maximum | Level 3 | Reinsurance Recoverable | Lapse Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 14.0 24.0
Maximum | Level 3 | Reinsurance Recoverable | Annuitization Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 100.0 100.0
Maximum | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 0.6 0.4
Maximum | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Mortality Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 100.0 100.0
Maximum | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Lapse Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 30.0 54.0
Maximum | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Annuitization Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 100.0 100.0
Weighted Average | Level 3 | Corporate debt securities | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 0.8 0.8
Weighted Average | Level 3 | Other asset-backed securities and debt securities | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 12.1 8.3
Weighted Average | Level 3 | Other asset-backed securities and debt securities | Measurement Input, Default Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 1.9 0.8
Weighted Average | Level 3 | Investment funds | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities   14.1
Weighted Average | Level 3 | Investment funds | Discount rate | Fair Value Inputs Level 3 Internal Cash Flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 0.0 11.3
Weighted Average | Level 3 | Investment funds | WACC | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 16.5  
Weighted Average | Level 3 | Investment funds | Measurement Input EV Terminal EBITDA | Market Multiples    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs. Equity securities 9.5  
Weighted Average | Level 3 | Options held | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Derivative assets 14.4 8.6
Weighted Average | Level 3 | Reinsurance Recoverable | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 0.2 0.1
Weighted Average | Level 3 | Reinsurance Recoverable | Mortality Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 1.4 1.3
Weighted Average | Level 3 | Reinsurance Recoverable | Lapse Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 7.1 16.2
Weighted Average | Level 3 | Reinsurance Recoverable | Annuitization Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Other assets 100.0 99.9
Weighted Average | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 0.2 0.1
Weighted Average | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Mortality Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 1.3 1.3
Weighted Average | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Lapse Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 6.9 16.0
Weighted Average | Level 3 | Variable Annuity and Variable Life Insurance Contracts | Annuitization Rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Policy liabilities and Policy Account Balances 80.9 80.3
Weighted Average | Level 3 | Japanese prefectural and foreign municipal bond securities | Discount rate | Discounted cash flows    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Significant unobservable inputs, Available-for-sale debt securities 8.5 8.5
[1] The amount of assets under management of variable annuity and variable life insurance contracts included in equity securities were ¥324,220 million and ¥254,853 million as of March 31, 2019 and 2020, respectively. The amount of investment funds that are accounted for under the equity method included in equity securities were ¥75,923 million and ¥70,129 million as of March 31, 2019 and 2020, respectively. The amount of investment funds elected for the fair value option included in equity securities were ¥5,811 million and ¥6,326 million as of March 31, 2019 and 2020, respectively.
[2] The amount of ¥11,631 million of investment funds measured at net asset value per share is not included.
[3] The amount of ¥12,100 million of investment funds measured at net asset value per share is not included.
[4] It represents the amount after offset under counterparty netting of derivative assets and liabilities. For the information of input level before netting, see Note 2 “Fair Value Measurements.”