Installment Loans (Tables)

12 Months Ended

Mar. 31, 2011

Schedule of Accounts, Notes, Loans and Financing Receivable

The composition of installment loans by domicile and type of borrower at March 31, 2010 and 2011 is as follows:

	Millions of yen				Millions of U.S. dollars
	2010		2011		2011
Borrowers in Japan:
Consumer—
Housing loans	¥	731,184	¥	823,974	$	9,909
Other		13,663		14,317		172
		744,847		838,291		10,081
Corporate—
Real estate companies		447,181		345,078		4,150
Commercial, industrial and other companies		904,729		817,493		9,832
		1,351,910		1,162,571		13,982
Overseas corporate, industrial and other borrowers		244,521		870,967		10,475
Purchased loans*		122,973		111,335		1,339
	¥	2,464,251	¥	2,983,164	$	35,877

* Purchased loans represent loans with evidence of deterioration of credit quality since origination and for which it is probable at acquisition that collection of all contractually required payments from the debtor is unlikely and consist mainly of housing loans, loans to real estate companies and commercial, industrial and other companies in Japan.

Financing Receivable, by Contractual Maturity

At March 31, 2011, the contractual maturities of installment loans except purchased loans for each of the next five years and thereafter are as follows:

Years ending March 31,	Millions of yen		Millions of U.S. dollars
2012	¥	803,554	$	9,664
2013		522,216		6,280
2014		425,198		5,114
2015		230,286		2,770
2016		178,146		2,142
Thereafter		712,429		8,568
Total	¥	2,871,829	$	34,538

Purchased loans

Allowance for Credit Losses on Financing Receivables

Changes in the allowance for uncollectible accounts relating to the purchased loans for fiscal 2009, 2010 and 2011 are as follows:

	Millions of yen									Millions of U.S. dollars
	2009			2010			2011			2011
Beginning balance	¥	8,579		¥	9,520		¥	12,421		$	149
Provision charged to income		1,615			3,481			5,261			63
Charge-offs		(462	)		(609	)		(230	)		(2	)
Other*		(212	)		29			3			0
Ending balance	¥	9,520		¥	12,421		¥	17,455		$	210

* Other includes foreign currency translation adjustments.

Direct Financing Leases and Probable Loan Losses

Allowance for Credit Losses on Financing Receivables

Changes in the allowance for doubtful receivables on direct financing leases and probable loan losses for fiscal 2009, 2010 and 2011 are as follows:

	Millions of yen									Millions of U.S. dollars
	2009			2010			2011			2011
Beginning balance	¥	102,007		¥	158,544		¥	157,523		$	1,894
Effect of the application of the new accounting standards*1		0			0			32,181			387
Beginning balance after the application of the new accounting standards	¥	102,007		¥	158,544		¥	189,704		$	2,281
Provision charged to income		76,985			71,529			31,122			374
Charge-offs		(21,027	)		(60,412	)		(61,829	)		(743	)
Recoveries		1,296			2,615			175			2
Other*2		(717	)		(14,753	)		(5,022	)		(60	)
Ending balance	¥	158,544		¥	157,523		¥	154,150		$	1,854

*1 This effect results from our application of the new accounting standards for consolidation of VIEs under ASU 2009-16 and ASU 2009-17, effective April 1, 2010.

*2 Other includes foreign currency translation adjustments, amounts reclassified to discontinued operations and decrease in allowance related to sales of subsidiaries.

Direct Financing Leases And Installment Loans

Allowance for Credit Losses on Financing Receivables

The balance of the allowance broken down into investment in direct financing leases and installment loans at March 31, 2010 and 2011 is as follows:

	Millions of yen				Millions of U.S. dollars
	2010		2011		2011
Balance of allowance related to:
Investment in direct financing leases	¥	23,969	¥	21,201	$	255
Installment loans		133,554		132,949		1,599
Total	¥	157,523	¥	154,150	$	1,854