Estimated Fair Value of Financial Instruments (Tables)

6 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Information about Carrying Amount of Financial Instruments Reported in Consolidated Balance Sheets and Related Market or Fair Value

The following information is provided to help readers gain an understanding of the relationship between carrying amounts of financial instruments reported in the Company’s consolidated balance sheets and the related market or fair value. The disclosures do not include net investment in leases, equity method investments, pension obligations and insurance contracts and reinsurance contracts except for those classified as investment contracts.

March 31, 2024

	Millions of yen
	Carrying amount		Estimated fair value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	¥	1,032,810	¥	1,032,810	¥	1,032,810	¥	0	¥	0
Restricted cash		152,497		152,497		152,497		0		0
Installment loans (net of allowance for credit losses)		3,918,504		3,899,688		0		163,536		3,736,152
Equity securities*1		415,607		415,607		108,964		143,786		162,857
Available-for-sale debt securities		2,665,478		2,665,478		11,491		2,334,690		319,297
Other Assets:
Time deposits		2,033		2,033		0		2,033		0
Derivative assets*2		25,490		25,490		0		0		0
Reinsurance recoverables (Investment contracts)		4,592		4,550		0		0		4,550
Liabilities:
Short-term debt	¥	574,095	¥	574,095	¥	0	¥	574,095	¥	0
Deposits		2,074,828		2,073,845		0		2,073,845		0
Policy liabilities and Policy account balances (Investment contracts)		122,686		121,966		0		0		121,966
Long-term debt		5,626,376		5,594,888		0		1,769,943		3,824,945
Accounts payable (Contingent consideration)		14,136		14,136		0		0		14,136
Other Liabilities:
Derivative liabilities*2		48,190		48,190		0		0		0

*1 The amount of ¥85,280 million of investment funds measured at net asset value per share is not included.

*2 It represents the amount after offset under counterparty netting of derivative assets and liabilities. For the information of input level before netting, see Note 3 “Fair Value Measurements.”

September 30, 2024

	Millions of yen
	Carrying amount		Estimated fair value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	¥	1,168,945	¥	1,168,945	¥	1,168,945	¥	0	¥	0
Restricted cash		134,675		134,675		134,675		0		0
Installment loans (net of allowance for credit losses)		3,791,074		3,776,163		0		58,707		3,717,456
Equity securities*1		399,999		399,999		105,116		129,231		165,652
Available-for-sale debt securities		2,601,080		2,601,080		12,328		2,352,451		236,301
Other Assets:
Time deposits		3,948		3,948		0		3,948		0
Derivative assets*2		33,151		33,151		0		0		0
Reinsurance recoverables (Investment contracts)		4,262		4,224		0		0		4,224
Liabilities:
Short-term debt	¥	744,478	¥	744,478	¥	0	¥	744,478	¥	0
Deposits		2,116,378		2,112,604		0		2,112,604		0
Policy liabilities and Policy account balances (Investment contracts)		113,239		112,041		0		0		112,041
Long-term debt		5,494,639		5,470,547		0		1,679,789		3,790,758
Accounts payable (Contingent consideration)		14,174		14,174		0		0		14,174
Other Liabilities:
Derivative liabilities*2		55,766		55,766		0		0		0

*1 The amount of ¥95,317 million of investment funds measured at net asset value per share is not included.

*2 It represents the amount after offset under counterparty netting of derivative assets and liabilities. For the information of input level before netting, see Note 3 “Fair Value Measurements.”