v3.26.1
Finance receivables
12 Months Ended
Mar. 31, 2026
Text block 1 [Abstract]  
Finance receivables
8. Finance receivables
Finance receivables consist of the following:
 

 
  
Yen in millions
 
 
  
March 31,
 
 
  
  2025  
 
 
  2026  
 
Retail
     27,638,021       31,837,922  
Finance leases
     3,437,970       4,154,650  
Wholesale and other dealer loans
     4,902,537       5,821,931  
  
 
 
   
 
 
 
Total
     35,978,528       41,814,504  
  
 
 
   
 
 
 
Deferred origination costs
     446,538       475,032  
Less - Unearned income
     (2,349,215 )     (2,820,138 )
Less - Allowance for credit losses
    
Retail
     (356,304     (382,152 )
Finance leases
     (56,721 )     (67,560 )
 
Wholesale and other dealer loans
     (37,791 )     (53,031 )
  
 
 
   
 
 
 
Total finance receivables, net
     33,625,035       38,966,655  
  
 
 
   
 
 
 
Current assets
     11,453,249       13,478,474  
Non-current
assets
     22,171,786       25,488,182  
  
 
 
   
 
 
 
Total finance receivables, net
     33,625,035       38,966,655  
  
 
 
   
 
 
 
 
 
Finance receivables were geographically distributed as follows:
 
 
  
March 31,
 
 
  
  2025  
 
 
  2026  
 
North America
     53.9     52.2
Europe
     15.0       15.4  
Asia
     11.7       11.4  
Japan
     8.9       10.0  
Other
        10.5       11.0  
Finance receivables are classified as financial assets measured at amortized cost.
The contractual maturity of retail receivables, future lease payments to be received for finance leases, and wholesale receivables and other dealer loans are as follows:
 
    
Yen in millions
 
    
March 31, 2025
 
    
Retail
    
Finance leases
    
Wholesale and other

dealer loans
 
Within 1 year
     7,518,918        1,041,282        3,617,276  
Between 1 and 2 years
     6,317,972        745,842        367,663  
Between 2 and 3 years
     5,500,349        576,552        231,623  
Between 3 and 4 years
     4,265,070        320,721        162,658  
Between 4 and 5 years
     2,623,094        101,389        119,871  
Later than 5 years
     1,412,619        28,371        403,444  
  
 
 
    
 
 
    
 
 
 
Total
     27,638,021        2,814,157        4,902,537  
  
 
 
    
 
 
    
 
 
 
 
    
Yen in millions
 
    
March 31, 2026
 
    
Retail
    
Finance leases
    
Wholesale and other

dealer loans
 
Within 1 year
     8,659,405        1,248,720        4,481,525  
Between 1 and 2 years
     7,365,657        904,612        452,366  
Between 2 and 3 years
     6,372,603        681,364        233,452  
Between 3 and 4 years
     4,916,999        338,381        168,333  
Between 4 and 5 years
     2,841,501        126,279        134,005  
Later than 5 years
     1,681,757        31,306        352,251  
  
 
 
    
 
 
    
 
 
 
Total
     31,837,922        3,330,663        5,821,931  
  
 
 
    
 
 
    
 
 
 
 
 
Finance leases receivables consist of the following:
 
    
Yen in millions
 
    
March 31,
 
    
2025
   
2026
 
Lease payments
     2,814,157       3,330,663  
Estimated unguaranteed residual values
     623,812       823,988  
  
 
 
   
 
 
 
Total
     3,437,970       4,154,650  
  
 
 
   
 
 
 
Deferred origination costs
     25,342       32,556  
Less - Unearned income
     (372,987     (435,157
)
Less - Allowance for credit losses
     (56,721 )     (67,560 )
 
  
 
 
   
 
 
 
Finance leases receivables, net
     3,033,603       3,684,489