Short-term borrowings and long-term debt

12 Months Ended

Mar. 31, 2026

Disclosure of detailed information about borrowings [abstract]

Short-term borrowings and long-term debt

14.	Short-term borrowings and long-term debt

Short-term borrowings and long-term debt are comprised of the following:


	March 31, 2025
	Book value (Yen in millions)		Weighted average interest rate			Due
Short-term borrowings		1,843,959		2.13	%
Long-term debt
Long-term loans		1,090,427		1.81	%		2025-2058
Unsecured bonds		664,390		0.66	%		2025-2035

		1,754,817
Less - Portion due within one year		196,950

		1,557,867


	March 31, 2026
	Book value (Yen in millions)		Weighted average interest rate			Due
Short-term borrowings		51,183		1.86	%
Long-term debt
Long-term loans		516,460		3.21	%		2026-2040
Unsecured bonds		474,343		0.70	%		2026-2035

		990,803
Less - Portion due within one year		166,410

		824,393

As described in Note 2 (5), “Lease liabilities” which had previously been included within “Current portion of long-term debt” and “Long-term debt,” are presented as a separate caption in the consolidated statements of financial position as of March 31, 2026. In connection with this change, “Lease liabilities” are excluded from the table above.

In the Financial Services business, Sony pledged assets as collateral for short-term borrowings and long-term debt and the pledged assets are comprised of the following:


	Yen in millions
	March 31
	2025
Securities		1,595,016
Housing loans in the banking business		961,286

As a result of the execution of the Partial

Spin-off

of the Financial Services business, SFGI, which operates the Financial Services business, has been excluded from consolidation. Therefore, there is no balance of assets pledged as collateral as of March 31, 2026.

In addition to the above, in the Financial Services business, Sony pledged securities for

securities-for-securities

lending transactions and the pledged securities are as follows:


	Yen in millions
	March 31
	2025
Securities		332,867

As a result of the execution of the Partial

Spin-off

of the Financial Services business, SFGI, which operates the Financial Services business, has been excluded from consolidation. Therefore, there is no balance of securities pledged for

securities-for-securities

lending transactions as of March 31, 2026.

Furthermore, in the Financial Services business, Sony pledged securities as collateral for cash settlements, variation margins of futures markets and certain other purposes and the pledged securities are as follows:


	Yen in millions
	March 31
	2025
Securities		140,212

As a result of the execution of the Partial

Spin-off

of the Financial Services business, SFGI, which operates the Financial Services business, has been excluded from consolidation. Therefore, there is no balance of securities pledged as collateral as of March 31, 2026.

There are no significant adverse debt covenants or cross-default provisions related to the other short-term borrowings and long-term debt.