Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Mar. 31, 2018

Changes in Components of Accumulated Other Comprehensive Income (Loss)

Changes in each component of accumulated other comprehensive income (loss) attributable to ORIX Corporation Shareholders in fiscal 2016, 2017 and 2018 are as follows:


	Millions of yen
	Net unrealized gains (losses) on investment in securities			Defined benefit pension plans			Foreign currency translation adjustments			Net unrealized gains (losses) on derivative instruments			Accumulated other comprehensive income (loss)
Balance at March 31, 2015	¥	50,330		¥	(19,448	)	¥	431		¥	(940	)	¥	30,373

Net unrealized gains (losses) on investment in securities, net of tax of ¥(3,579) million		14,593												14,593
Reclassification adjustment included in net income, net of tax of ¥9,582 million		(17,714	)											(17,714	)
Defined benefit pension plans, net of tax of ¥2,969 million					(4,440	)								(4,440	)
Reclassification adjustment included in net income, net of tax of ¥(15) million					317									317
Foreign currency translation adjustments, net of tax of ¥2,921 million								(27,763	)					(27,763	)
Reclassification adjustment included in net income, net of tax of ¥0 million								806						806
Net unrealized gains (losses) on derivative instruments, net of tax of ¥2,037 million											(4,901	)		(4,901	)
Reclassification adjustment included in net income, net of tax of ¥(341) million											838			838

Total other comprehensive income (loss)		(3,121	)		(4,123	)		(26,957	)		(4,063	)		(38,264	)

Less: Other Comprehensive Income (Loss) Attributable to the Noncontrolling Interest		24			313			(2,679	)		(246	)		(2,588	)

Less: Other Comprehensive Income Attributable to the Redeemable Noncontrolling Interests		0			0			919			0			919

Balance at March 31, 2016	¥	47,185		¥	(23,884	)	¥	(24,766	)	¥	(4,757	)	¥	(6,222	)

Net unrealized gains (losses) on investment in securities, net of tax of ¥(1,962) million		(470	)											(470	)
Reclassification adjustment included in net income, net of tax of ¥8,255 million		(14,456	)											(14,456	)
Defined benefit pension plans, net of tax of ¥(2,422) million					7,226									7,226
Reclassification adjustment included in net income, net of tax of ¥(160) million					444									444
Foreign currency translation adjustments, net of tax of ¥9,385 million								(6,570	)					(6,570	)
Reclassification adjustment included in net income, net of tax of ¥(809) million								602						602
Net unrealized gains (losses) on derivative instruments, net of tax of ¥(788) million											2,020			2,020
Reclassification adjustment included in net income, net of tax of ¥559 million											(1,694	)		(1,694	)

Total other comprehensive income (loss)		(14,926	)		7,670			(5,968	)		326			(12,898	)

Transaction with noncontrolling interests		12			(954	)		(4,245	)		0			(5,187	)

Less: Other Comprehensive Income (Loss) Attributable to the Noncontrolling Interest		(8	)		162			(3,185	)		52			(2,979	)

Less: Other Comprehensive Income (Loss) Attributable to the Redeemable Noncontrolling Interests		0			0			(58	)		0			(58	)

Balance at March 31, 2017	¥	32,279		¥	(17,330	)	¥	(31,736	)	¥	(4,483	)	¥	(21,270	)


	Millions of yen
	Net unrealized gains (losses) on investment in securities			Defined benefit pension plans			Foreign currency translation adjustments			Net unrealized gains (losses) on derivative instruments			Accumulated other comprehensive income (loss)
Balance at March 31, 2017	¥	32,279		¥	(17,330	)	¥	(31,736	)	¥	(4,483	)	¥	(21,270	)

Net unrealized gains (losses) on investment in securities, net of tax of ¥2,045 million		(2,408	)											(2,408	)
Reclassification adjustment included in net income, net of tax of ¥9,039 million		(20,426	)											(20,426	)
Defined benefit pension plans, net of tax of ¥888 million					(2,893	)								(2,893	)
Reclassification adjustment included in net income, net of tax of ¥23 million					(69	)								(69	)
Foreign currency translation adjustments, net of tax of ¥2,813 million								(1,387	)					(1,387	)
Reclassification adjustment included in net income, net of tax of ¥(1,296) million								(568	)					(568	)
Net unrealized gains (losses) on derivative instruments, net of tax of ¥(1,120) million											3,820			3,820
Reclassification adjustment included in net income, net of tax of ¥981 million											(3,041	)		(3,041	)

Total other comprehensive income (loss)		(22,834	)		(2,962	)		(1,955	)		779			(26,972	)

Transaction with noncontrolling interests		0			0			(1	)		0			(1	)

Less: Other Comprehensive Income (Loss) Attributable to the Noncontrolling Interest		(88	)		22			(1,537	)		34			(1,569	)

Less: Other Comprehensive Income (Loss) Attributable to the Redeemable Noncontrolling Interests		0			0			(416	)		0			(416	)

Reclassification of change in accounting standards		932			(173	)		(67	)		0			692

Balance at March 31, 2018	¥	10,465		¥	(20,487	)	¥	(31,806	)	¥	(3,738	)	¥	(45,566	)

Amounts Reclassified to Net Income from Accumulated Other Comprehensive Income (loss)

Amounts reclassified to net income from accumulated other comprehensive income (loss) for fiscal 2016, 2017 and 2018 are as follows:


	March 31, 2016
Details about accumulated other comprehensive income components	Reclassification adjustment included in net income			Consolidated statements of income caption
	Millions of yen
Net unrealized gains (losses) on investment in securities
Sales of investment securities	¥	25,673		Gains on investment securities and dividends
Sales of investment securities		6,453		Life insurance premiums and related investment income
Amortization of investment securities		(182	)	Finance revenues
Amortization of investment securities		(1,584	)	Life insurance premiums and related investment income
Others		(3,064	)	Write-downs of securities and other

		27,296		Total before income tax
		(9,582	)	Income tax (expense) or benefit

	¥	17,714		Net of tax

Defined benefit pension plans
Amortization of prior service credit	¥	1,041		See Note 17 “Pension Plans”
Amortization of net actuarial loss		(1,321	)	See Note 17 “Pension Plans”
Amortization of transition obligation		(52	)	See Note 17 “Pension Plans”

		(332	)	Total before income tax
		15		Income tax (expense) or benefit

	¥	(317	)	Net of tax

Foreign currency translation adjustments
Sales or liquidation	¥	(806	)	Gains on sales of subsidiaries and affiliates and liquidation losses, net

		(806	)	Total before income tax
		0		Income tax (expense) or benefit

	¥	(806	)	Net of tax

Net unrealized gains (losses) on derivative instruments
Interest rate swap agreements	¥	(27	)	Finance revenues/Interest expense
Foreign exchange contracts		2,608		Other (income) and expense, net
Foreign currency swap agreements		(3,760	)	Finance revenues/Interest expense/ Other (income) and expense, net

		(1,179	)	Total before income tax
		341		Income tax (expense) or benefit

	¥	(838	)	Net of tax


	March 31, 2017
Details about accumulated other comprehensive income components	Reclassification adjustment included in net income			Consolidated statements of income caption
	Millions of yen
Net unrealized gains (losses) on investment in securities
Sales of investment securities	¥	16,404		Gains on investment securities and dividends
Sales of investment securities		14,297		Life insurance premiums and related investment income
Amortization of investment securities		(648	)	Finance revenues
Amortization of investment securities		(1,125	)	Life insurance premiums and related investment income
Others		(6,217	)	Write-downs of securities and other

		22,711		Total before income tax
		(8,255	)	Income tax (expense) or benefit

	¥	14,456		Net of tax

Defined benefit pension plans
Amortization of prior service credit	¥	1,021		See Note 17 “Pension Plans”
Amortization of net actuarial loss		(1,576	)	See Note 17 “Pension Plans”
Amortization of transition obligation		(49	)	See Note 17 “Pension Plans”

		(604	)	Total before income tax
		160		Income tax (expense) or benefit

	¥	(444	)	Net of tax

Foreign currency translation adjustments
Sales or liquidation	¥	(1,411	)	Gains on sales of subsidiaries and affiliates and liquidation losses, net

		(1,411	)	Total before income tax
		809		Income tax (expense) or benefit

	¥	(602	)	Net of tax

Net unrealized gains (losses) on derivative instruments
Interest rate swap agreements	¥	7		Finance revenues/Interest expense
Foreign exchange contracts		(136	)	Other (income) and expense, net
Foreign currency swap agreements		2,382		Finance revenues/Interest expense/ Other (income) and expense, net

		2,253		Total before income tax
		(559	)	Income tax (expense) or benefit

	¥	1,694		Net of tax


	March 31, 2018
Details about accumulated other comprehensive income components	Reclassification adjustment included in net income			Consolidated statements of income caption
	Millions of yen
Net unrealized gains (losses) on investment in securities
Sales of investment securities	¥	27,158		Gains on investment securities and dividends
Sales of investment securities		4,228		Life insurance premiums and related investment income
Amortization of investment securities		(735	)	Finance revenues
Amortization of investment securities		(504	)	Life insurance premiums and related investment income
Others		(682	)	Write-downs of securities and other

		29,465		Total before income tax
		(9,039	)	Income tax (expense) or benefit

	¥	20,426		Net of tax

Defined benefit pension plans
Amortization of prior service credit	¥	1,035		See Note 17 “Pension Plans”
Amortization of net actuarial loss		(894	)	See Note 17 “Pension Plans”
Amortization of transition obligation		(49	)	See Note 17 “Pension Plans”

		92		Total before income tax
		(23	)	Income tax (expense) or benefit

	¥	69		Net of tax

Foreign currency translation adjustments
Sales or liquidation	¥	(728	)	Gains on sales of subsidiaries and affiliates and liquidation losses, net

		(728	)	Total before income tax
		1,296		Income tax (expense) or benefit

	¥	568		Net of tax

Net unrealized gains (losses) on derivative instruments
Interest rate swap agreements	¥	132		Finance revenues/Interest expense
Foreign exchange contracts		(20	)	Other (income) and expense, net
Foreign currency swap agreements		3,910		Finance revenues/Interest expense/ Other (income) and expense, net

		4,022		Total before income tax
		(981	)	Income tax (expense) or benefit

	¥	3,041		Net of tax