v3.26.1
Other assets and other liabilities (Tables)
12 Months Ended
Mar. 31, 2026
Text Block1 [Abstract]  
Summary of other assets
(1)
Other assets
Components of other assets as of March 31, 2025 and 2026 are as follows:
 
    
Yen in millions
 
    
March 31
 
    
2025
   
2026
 
Advance payments and prepaid expenses
     668,544       778,982  
Income taxes receivable and other taxes receivable
     203,310       236,961  
Net defined benefit assets
     86,914       129,765  
Insurance contract assets*
     47,715       -  
Other
     180,655       162,892  
  
 
 
   
 
 
 
Total
       1,187,138         1,308,600  
  
 
 
   
 
 
 
Current assets
     621,209       663,678  
Non-current
assets
     565,929       644,922  
 
*
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 as of March 31, 2026.
Summary of other liabilities
(2)
Other liabilities
Components of other liabilities as of March 31, 2025 and 2026 are as follows:
 
    
Yen in millions
 
    
March 31
 
    
2025
   
2026
 
Accrued short-term employee benefits
     486,678       497,520  
Refund liabilities
     193,103       205,182  
Taxes payable other than income taxes
     165,150       157,714  
Accrued expenses
     255,697       273,255  
Insurance contract liabilities*
     181,332       -  
Other long-term employee benefit obligations
     73,622       61,454  
Product warranties
     21,376       21,709  
Other
     234,091       290,350  
  
 
 
   
 
 
 
Total
        1,611,049          1,507,184  
  
 
 
   
 
 
 
Current liabilities
     1,448,402       1,350,951  
Non-current
liabilities
     162,647       156,233  
As described in Note 2 (5), “Contract liabilities,” which had previously been included within “Other current liabilities,” have increased in materiality and are presented separately in the consolidated statements of financial position from the fiscal year ended March 31, 2026. As a result of this change, “Contract liabilities” are excluded from the current liabilities presented in the table above.
 
*
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 as of March 31, 2026.
Summary of changes in product warranties
The changes in product warranties for the fiscal year ended March 31, 2026 are as follows:
 
    
Yen in millions
 
    
  Fiscal year ended March 31  
 
    
2026
 
Balance at beginning of the fiscal year
     21,376  
  
 
 
 
Additional product warranties
     17,661  
Amounts used during the year
     (18,923 )
Unused amounts reversed during the year
     (574 )
 
Translation adjustment
     2,169  
  
 
 
 
Balance at end of the fiscal year
     21,709