Offsetting of financial assets and financial liabilities (Tables)

12 Months Ended

Mar. 31, 2022

Text Block [Abstract]

Summary of Offsetting Financial Assets and Financial Liabilities

Tables below show the gross amounts of financial assets and liabilities, amounts offset, and net amounts presented in the consolidated statements of financial position, as well as the financial assets and liabilities that are subject to enforceable master netting agreements or similar agreements, as of April 1, 2020, March 31, 2021 and 2022.

	Yen in millions
	April 1, 2020
	Gross amounts recognized financial assets and financial liabilities		Amounts offset in the consolidated statements of financial position		Net amounts presented in the consolidated statements of financial position		Amounts not offset in the consolidated statements of financial position
							Financial instruments		Cash collateral		Net amounts
Derivative assets*1		38,281		—		38,281		12,614		20,545		5,122
Trade receivables		15,833		3,497		12,336		6,743		—		5,593
Total assets		54,114		3,497		50,617		19,357		20,545		10,715
Derivative liabilities*1		31,896		—		31,896		7,086		23,873		937
Trade payables		30,749		3,497		27,252		6,743		—		20,509
Short-term borrowings*2		567,194		—		567,194		564,874		—		2,320
Total liabilities		629,839		3,497		626,342		578,703		23,873		23,766
	Yen in millions
	March 31, 2021
	Gross amounts recognized financial assets and financial liabilities		Amounts offset in the consolidated statements of financial position		Net amounts presented in the consolidated statements of financial position		Gross amounts not offset in the consolidated statements of financial position
							Financial instruments		Cash collateral		Net amounts
Derivative assets*1		15,159		—		15,159		10,666		2,008		2,485
Trade receivables		9,944		2,704		7,240		—		—		7,240
Total assets		25,103		2,704		22,399		10,666		2,008		9,725
Derivative liabilities*1		38,966		—		38,966		11,052		16,225		11,689
Trade payables		27,003		2,704		24,299		—		—		24,299
Short-term borrowings*2		917,792		—		917,792		911,881		—		5,911
Total liabilities		983,761		2,704		981,057		922,933		16,225		41,899
	Yen in millions
	March 31, 2022
	Gross amounts recognized financial assets and financial liabilities		Amounts offset in the consolidated statements of financial position		Net amounts presented in the consolidated statements of financial position		Gross amounts not offset in the consolidated statements of financial position
							Financial instruments		Cash collateral		Net amounts
Derivative assets*1		37,847		—		37,847		24,504		10,782		2,561
Trade receivables		30,370		26,739		3,631		—		—		3,631
Total assets		68,217		26,739		41,478		24,504		10,782		6,192
Derivative liabilities*1		72,004		—		72,004		33,514		29,530		8,960
Trade payables		60,056		26,739		33,317		—		—		33,317
Short-term borrowings*2		1,272,040		—		1,272,040		1,269,188		—		2,852
Total liabilities		1,404,100		26,739		1,377,361		1,302,702		29,530		45,129

*1 Certain subsidiaries have entered into master netting agreements or other similar agreements, which are mainly International Swaps and Derivatives Association (ISDA) Master Agreements. An ISDA Master Agreement is an agreement between two counterparties that may have multiple derivative contracts with each other, and such ISDA Master Agreement may provide for the net settlement of all or a specified group of these derivative contracts, through a single payment, in a single currency, in the event of a default on or affecting any one derivative contract, or a termination event affecting all or a specified group of derivative contracts. Master netting agreements create a right of set off, but the master netting agreements do not automatically provide for such set off.

*2 Short-term borrowings relate to repurchase agreements.