Lease Transactions (Tables)
 12 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Profit or Loss of Lease Transactions as a Lessee The following table presents profit or loss of lease transactions as a lessee for the fiscal years ended March 31, 2020, 2021 and 2022:
 202020212022
 (in millions)
Finance lease cost:
Amortization of right-of-use assets¥5,455 ¥4,971 ¥4,816 
Interest on lease liabilities460 240 198 
Operating lease cost99,939 91,276 81,206 
Information of Lease Transactions as a Lessee
The following table presents information of lease transactions as a lessee for the fiscal years ended March 31, 2021 and 2022:
 20212022
 
(in millions, except years and
 percentages)
Cash paid for amounts included in the measurement of lease liabilities:   
Operating cash flows from finance leases¥331 ¥262 
Operating cash flows from operating leases102,982 107,047 
Financing cash flows from finance leases7,709 7,426 
Right-of-use assets obtained in exchange for new finance lease liabilities3,487 4,055 
Right-of-use assets obtained in exchange for new operating lease liabilities50,564 48,095 
Weighted-average remaining lease term:
Finance leases4.1 years3.6 years
Operating leases8.3 years8.0 years
Weighted-average discount rate:
Finance leases0.87 %0.77 %
Operating leases0.97 %0.76 %
Maturities of Lease Liabilities as a Leasee
Maturities of lease liabilities as of March 31, 2022 are as follows:
 
Finance
 leases
 
Operating
 leases
 
(in millions)
2023¥6,250 ¥89,016 
20244,583 70,274 
20252,395 51,582 
20261,532 40,012 
2027839 28,138 
2028 and thereafter916 124,388 
Total undiscounted cash flows16,515 403,410 
Difference between undiscounted and discounted cash flows(411)(19,227)
Amount on balance sheet¥16,104 ¥384,183 
Profit or Loss of Lease Transactions as a Lessor
The following table presents profit or loss of lease transactions as a lessor for the fiscal years ended March 31, 2020, 2021 and 2022:
 202020212022
 (in millions)
Sales type and direct financing leases:
Finance income on net investment¥119,010 ¥122,810 ¥116,430 
Operating leases:
Lease income7,856 3,663 4,202 
Total¥126,866 ¥126,473 ¥120,632 
Component of Direct Financing Lease Transactions
The following table presents the components of sales type and direct financing leases transactions as of March 31, 2021 and 2022.
 20212022
 
(in millions)
Lease receivables (undiscounted)¥1,913,852 ¥1,855,125 
Adjustments:
Discounted unguaranteed residual value15,435 12,439 
Initial direct cost on sales type and direct financing leases27,869 27,695 
Deferred selling profit(313,784)(306,316)
Net investment in sales type and direct financing leases¥1,643,372 ¥1,588,943 
Maturity of the Lease Payment Receivables of Direct Financing Lease Transactions
The following table presents maturity of the lease payment receivables of sales type and direct financing lease transactions as of March 31, 2022:
 
Lease
 receivables
 
(in millions)
2023¥452,739 
2024428,280 
2025348,436 
2026264,847 
2027170,471 
2028 and thereafter190,352 
Total undiscounted cash flows1,855,125 
Difference between undiscounted cash flows and the lease receivables recognized on balance sheet(266,182)
Amount on balance sheet¥1,588,943