XML 65 R52.htm IDEA: XBRL DOCUMENT v3.23.2
Investment in Affiliates (Tables)
12 Months Ended
Mar. 31, 2023
Investments in and Advances to Affiliates [Abstract]  
Summary of Investment in Affiliates
Investment in affiliates at March 31, 2022 and 2023 consists of the following:
 
    
Millions of yen
 
  
2022
    
2023
 
Shares*
   ¥ 943,090      ¥ 973,929  
Loans and others
     34,943        26,775  
    
 
 
    
 
 
 
     ¥ 978,033      ¥ 1,000,704  
    
 
 
    
 
 
 
 
*
The
re
were investees measured at fair value by electing the fair value option, primarily to reduce volatility in the equity in net income (loss) of the investees arising from the difference in the measurement basis of their assets and liabilities. The amount of shares include ¥2,511 million in amounts invested in these investees as of March 31, 2023. 
Combined and Condensed Information Related to Affiliates
Combined and condensed information relating to the affiliates (including the affiliates elected the fair value option) for fiscal 2021, 2022 and 2023 are as follows (some operation data for entities reflect only the period since the Company and its subsidiaries made the investment and on a lag basis):
 
    
Millions of yen
 
    
2021
    
2022
    
2023
 
Operations:
                          
Total revenues
   ¥ 1,155,974      ¥ 1,194,172      ¥ 1,316,683  
Income before income taxes
     85,667        108,065        165,612  
Net income
     74,008        88,572        129,331  
       
Financial position:
                          
Total assets
   ¥ 12,858,129      ¥ 14,974,191      ¥ 16,438,275  
Total liabilities
     9,203,980        10,729,973        11,950,087  
Total equity
     3,654,149        4,244,218        4,488,188