Variable Interest Entities (Tables)

9 Months Ended

Dec. 31, 2011

Consolidation Of Variable Interest Entities Disclosure

Information about VIEs for the Company and its subsidiaries are as follows:

1. Consolidated VIEs

March 31, 2011

	Millions of yen
Types of VIEs	Total assets (1)		Total liabilities (1)		Assets which are pledged as collateral (2)		Commitments (3)
(a) VIEs for liquidating customer assets	¥	5,222	¥	3,846	¥	5,222	¥	—
(b) VIEs for acquisition of real estate and real estate development projects for customers		16,051		4,493		5,660		—
(c) VIEs for acquisition of real estate for the Company and its subsidiaries’ real estate-related business		343,394		120,908		226,319		1,076
(d) VIEs for corporate rehabilitation support business		15,988		142		—		—
(e) VIEs for investment in securities		83,694		13,675		33,169		1,491
(f) VIEs for securitizing financial assets such as direct financing lease receivable and loan receivable		505,421		352,034		505,421		—
(g) VIEs for securitization of commercial mortgage loans originated by third parties		669,375		671,349		660,237		—
(h) Other VIEs		154,176		66,529		139,260		4,140
Total	¥	1,793,321	¥	1,232,976	¥	1,575,288	¥	6,707

December 31, 2011

	Millions of yen
Types of VIEs	Total assets (1)		Total liabilities (1)		Assets which are pledged as collateral (2)		Commitments (3)
(a) VIEs for liquidating customer assets	¥	5,129	¥	3,752	¥	5,129	¥	—
(b) VIEs for acquisition of real estate and real estate development projects for customers		11,470		952		—		—
(c) VIEs for acquisition of real estate for the Company and its subsidiaries’ real estate-related business		326,105		126,861		226,803		740
(d) VIEs for corporate rehabilitation support business		15,182		66		—		—
(e) VIEs for investment in securities		76,006		13,074		34,683		1,483
(f) VIEs for securitizing financial assets such as direct financing lease receivable and loan receivable		486,238		323,095		486,238		—
(g) VIEs for securitization of commercial mortgage loans originated by third parties		558,342		564,729		558,333		—
(h) Other VIEs		143,370		61,239		128,062		2,173
Total	¥	1,621,842	¥	1,093,768	¥	1,439,248	¥	4,396

Note:
	(1	)	The assets of many VIEs are used only to repay the liabilities of the VIEs, and the creditors of the liabilities of the VIEs have no recourse to other assets of the Company and its subsidiaries.
	(2	)	The assets are pledged as collateral by VIE for financing of the VIE.
	(3	)	This item represents remaining balance of commitments that could require the Company and its subsidiaries to provide investments or loans to the VIE.

Schedule of Non-Consolidated Variable Interest Entities

2. Non-consolidated VIEs

March 31, 2011

	Millions of yen
			Carrying amount of the variable interests in the VIEs held by the Company and its subsidiaries
Types of VIEs	Total assets		Specified bonds and non-recourse loans		Investments		Maximum exposure to loss (4)
(a) VIEs for liquidating customer assets	¥	66,710	¥	1,073	¥	6,979	¥	8,052
(b) VIEs for acquisition of real estate and real estate development projects for customers		1,090,147		174,380		52,850		260,935
(c) VIEs for acquisition of real estate for the Company and its subsidiaries’ real estate-related business		—		—		—		—
(d) VIEs for corporate rehabilitation support business		—		—		—		—
(e) VIEs for investment in securities		1,143,069		—		22,349		37,287
(f) VIEs for securitizing financial assets such as direct financing lease receivable and loan receivable		—		—		—		—
(g) VIEs for securitization of commercial mortgage loans originated by third parties		2,535,037		4,000		25,493		31,478
(h) Other VIEs		83,811		697		3,132		3,829
Total	¥	4,918,774	¥	180,150	¥	110,803	¥	341,581

December 31, 2011

	Millions of yen
			Carrying amount of the variable interests in the VIEs held by the Company and its subsidiaries
Types of VIEs	Total assets		Specified bonds and non-recourse loans		Investments		Maximum exposure to loss (4)
(a) VIEs for liquidating customer assets	¥	63,373	¥	981	¥	6,255	¥	7,236
(b) VIEs for acquisition of real estate and real estate development projects for customers		1,136,151		139,101		71,557		246,746
(c) VIEs for acquisition of real estate for the Company and its subsidiaries’ real estate-related business		—		—		—		—
(d) VIEs for corporate rehabilitation support business		—		—		—		—
(e) VIEs for investment in securities		1,417,563		—		21,448		34,865
(f) VIEs for securitizing financial assets such as direct financing lease receivable and loan receivable		—		—		—		—
(g) VIEs for securitization of commercial mortgage loans originated by third parties		2,426,977		4,000		45,541		50,333
(h) Other VIEs		91,352		503		4,113		4,616
Total	¥	5,135,416	¥	144,585	¥	148,914	¥	343,796

Note:
	(4	)	Maximum exposure to loss includes remaining balance of commitments that could require the Company and its subsidiaries to provide investments or loans to the VIE.