Other assets and other liabilities

12 Months Ended

Mar. 31, 2022

Text Block [Abstract]

Other assets and other liabilities

19. Other assets and other liabilities

(1) Other assets

Components of other assets as of April 1, 2020, March 31, 2021 and 2022 are as follows:

	Yen in millions
	April 1		March 31
	2020		2021		2022
Advance payments and prepaid expenses		237,643		300,237		384,299
Income taxes receivable and other taxes receivable		186,718		118,914		169,580
Other		185,408		184,548		208,241
Total		609,769		603,699		762,120
Current assets		441,974		396,210		473,070
Non-current assets		167,795		207,489		289,050

(2) Other liabilities

Components of other liabilities as of April 1, 2020, March 31, 2021 and 2022 are as follows:

	Yen in millions
	April 1		March 31
	2020		2021		2022
Contract liabilities		271,286		294,911		366,227
Accrued short-term employee benefits		245,054		321,553		347,023
Refund liabilities		168,739		186,875		197,791
Accrued expenses		222,028		192,396		177,404
Taxes payable other than income taxes		128,037		133,672		163,316
Future insurance policy benefits and other		127,079		134,865		153,006
Product warranties		31,807		32,851		28,606
Other		157,234		163,426		161,596
Total		1,351,264		1,460,549		1,594,969
Current liabilities		1,263,944		1,367,527		1,488,488
Non-current liabilities		87,320		93,022		106,481

The changes in product warranties for the fiscal year ended March 31, 2022 are as follows:

	Yen in millions
	Fiscal year ended March 31
	2022
Balance at beginning of the fiscal year		32,851
Additional product warranties		27,810
Amounts used during the year		(23,432	)
Unused amounts reversed during the year		(10,659	)
Translation adjustment		2,036
Balance at end of the fiscal year		28,606