Credit Quality of Financing Receivables and the Allowance for Credit Losses (Tables)

12 Months Ended

Mar. 31, 2011

Impaired Loans and Valuation Allowance Disclosure

The following table provides information about the allowance for credit losses as of March 31, 2011:

	March 31, 2011
	Millions of yen
	Loans
			Corporate
	Consumer		Non-recourse loans		Other		Purchased loans*		Direct financing leases		Total
Allowance for Credit Losses:
Ending Balance	¥	17,096	¥	27,426	¥	70,972	¥	17,455	¥	21,201	¥	154,150
Individually Evaluated for Impairment		3,016		23,123		55,170		16,014		0		97,323
Not Individually Evaluated for Impairment		14,080		4,303		15,802		1,441		21,201		56,827
Financing receivables:
Ending Balance	¥	840,419	¥	952,573	¥	1,065,119	¥	111,335	¥	830,853	¥	3,800,299
Individually Evaluated for Impairment		8,312		73,029		194,005		36,685		0		312,031
Not Individually Evaluated for Impairment		832,107		879,544		871,114		74,650		830,853		3,488,268

* 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 debtors is unlikely in accordance with ASC 310-30 (“Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality”).

	March 31, 2011
	Millions of U.S. dollars
	Loans
			Corporate
	Consumer		Non-recourse loans		Other		Purchased loans*		Direct financing leases		Total
Allowance for Credit Losses:
Ending Balance	$	206	$	329	$	854	$	210	$	255	$	1,854
Individually Evaluated for Impairment		36		278		663		193		0		1,170
Not Individually Evaluated for Impairment		170		51		191		17		255		684
Financing receivables:
Ending Balance	$	10,108	$	11,456	$	12,809	$	1,339	$	9,992	$	45,704
Individually Evaluated for Impairment		100		879		2,333		441		0		3,753
Not Individually Evaluated for Impairment		10,008		10,577		10,476		898		9,992		41,951

Impaired Financing Receivables Table

The following table provides information about the impaired loans as of March 31, 2011:

	March 31, 2011
	Millions of Yen
	Class	Loans Individually Evaluated for Impairment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded *1:		¥	68,282	¥	68,183	¥	0
Consumer borrowers	Housing loans		2,259		2,259		0
	Other		0		0		0
Corporate borrowers			66,023		65,924		0
Non-recourse loans	Japan		9,465		9,443		0
	U.S		4,579		4,579		0
Other	Real estate companies		14,532		14,516		0
	Entertainment companies		17,080		17,031		0
	Other		20,367		20,355		0
Purchased loans			0		0		0
With an allowance recorded *2:			243,749		242,843		97,323
Consumer borrowers	Housing loans		6,053		6,052		3,016
	Other		0		0		0
Corporate borrowers			201,011		200,106		78,293
Non-recourse loans	Japan		11,953		11,895		4,421
	U.S		47,032		46,786		18,702
Other	Real estate companies		79,075		78,808		30,552
	Entertainment companies		12,517		12,486		4,114
	Other		50,434		50,131		20,504
Purchased loans			36,685		36,685		16,014
Total:		¥	312,031	¥	311,026	¥	97,323
Consumer borrowers			8,312		8,311		3,016
Corporate borrowers			267,034		266,030		78,293
Non-recourse loans			73,029		72,703		23,123
Other			194,005		193,327		55,170
Purchased loans			36,685		36,685		16,014

*1 “With no related allowance recorded” represents impaired loans with no allowance for credit losses as all amounts due are considered to be collectible.

*2 “With an allowance recorded” represents impaired loans with the allowance for credit losses as all or a part of the amounts due are not considered to be collectible.

	March 31, 2011
	Millions of U.S. dollars
	Class	Loans Individually Evaluated for Impairment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded*1:		$	822	$	820	$	0
Consumer borrowers	Housing loans		27		27		0
	Other		0		0		0
Corporate borrowers			795		793		0
Non-recourse loans	Japan		114		114		0
	U.S		55		55		0
Other	Real estate companies		175		175		0
	Entertainment companies		205		205		0
	Other		246		244		0
Purchased loans			0		0		0
With an allowance recorded *2:			2,931		2,921		1,170
Consumer borrowers	Housing loans		73		73		36
	Other		0		0		0
Corporate borrowers			2,417		2,407		941
Non-recourse loans	Japan		144		143		53
	U.S		566		563		225
Other	Real estate companies		951		948		367
	Entertainment companies		151		150		49
	Other		605		603		247
Purchased loans			441		441		193
Total:		$	3,753	$	3,741	$	1,170
Consumer borrowers			100		100		36
Corporate borrowers			3,212		3,200		941
Non-recourse loans			879		875		278
Other			2,333		2,325		663
Purchased loans			441		441		193

Financing Receivable Credit Quality Indicators Table

The following table provides information about the credit quality indicators as of March 31, 2011:

	March 31, 2011
	Millions of yen
				Non-performing
	Class	Performing		Loans individually evaluated for impairment		90+ days past-due loans not individually evaluated for impairment		Subtotal		Total
Consumer borrowers	Housing loans	¥	807,194	¥	8,312	¥	9,972	¥	18,284	¥	825,478
	Other		14,876		0		65		65		14,941
Corporate borrowers			1,750,658		267,034		0		267,034		2,017,692
Non-recourse loans	Japan		282,222		21,418		0		21,418		303,640
	U.S		597,322		51,611		0		51,611		648,933
Other	Real estate companies		292,607		93,607		0		93,607		386,214
	Entertainment companies		115,876		29,597		0		29,597		145,473
	Other		462,631		70,801		0		70,801		533,432
Purchased loans			74,650		36,685		0		36,685		111,335
Direct financing leases	Japan		624,919		0		17,908		17,908		642,827
	Overseas		183,147		0		4,879		4,879		188,026
Total			¥3,455,444	¥	312,031	¥	32,824	¥	344,855	¥	3,800,299
	March 31, 2011
	Millions of U.S. dollars
				Non-performing
	Class	Performing		Loans individually evaluated for impairment		90+ days past-due loans not individually evaluated for impairment		Subtotal		Total
Consumer borrowers	Housing loans	$	9,708	$	100	$	120	$	220	$	9,928
	Other		179		0		1		1		180
Corporate borrowers			21,053		3,212		0		3,212		24,265
Non-recourse loans	Japan		3,394		258		0		258		3,652
	U.S		7,183		621		0		621		7,804
Other	Real estate companies		3,519		1,126		0		1,126		4,645
	Entertainment companies		1,394		356		0		356		1,750
	Other		5,563		851		0		851		6,414
Purchased loans			898		441		0		441		1,339
Direct financing leases	Japan		7,516		0		215		215		7,731
	Overseas		2,202		0		59		59		2,261
Total		$	41,556	$	3,753	$	395	$	4,148	$	45,704

Financing Receivables Past Due

The following table provides information about the non-accrual and past-due financing receivables as of March 31, 2011:

	March 31, 2011
	Millions of yen
		Past-Due Financing Receivables
	Class	30-89 Days Past-Due		90 Days or More Past-Due		Total Past-Due		Total Financing Receivables		Non-Accrual
Consumer borrowers	Housing loans	¥	4,119	¥	15,031	¥	19,150	¥	825,478	¥	15,031
	Other		0		65		65		14,941		65
Corporate borrowers			120,127		125,826		245,953		2,017,692		125,826
Non-recourse loans	Japan		5,697		9,925		15,622		303,640		9,925
	U.S		97,114		19,747		116,861		648,933		19,747
Other	Real estate companies		4,556		54,566		59,122		386,214		54,566
	Entertainment companies		3,093		5,487		8,580		145,473		5,487
	Other		9,667		36,101		45,768		533,432		36,101
Direct financing leases	Japan		3,307		17,908		21,215		642,827		17,908
	Overseas		2,500		4,879		7,379		188,026		4,879
Total		¥	130,053	¥	163,709	¥	293,762	¥	3,688,964	¥	163,709
	March 31, 2011
	Millions of U.S. dollars
	Class	Past-Due Financing Receivables
		30-89 Days Past-Due		90 Days or More Past-Due		Total Past Due		Total Financing Receivables		Non-Accrual
Consumer borrowers	Housing loans	$	50	$	181	$	231	$	9,928	$	181
	Other		0		1		1		180		1
Corporate borrowers			1,444		1,513		2,957		24,265		1,513
Non-recourse loans	Japan		69		119		188		3,652		119
	U.S		1,168		237		1,405		7,804		237
Other	Real estate companies		55		656		711		4,645		656
	Entertainment companies		37		66		103		1,750		66
	Other		115		435		550		6,414		435
Direct financing leases	Japan		40		215		255		7,731		215
	Overseas		30		59		89		2,261		59
Total		$	1,564	$	1,969	$	3,533	$	44,365	$	1,969