Выглядит как полное внешнее соединение:
SQL> with
2 tab1 (item, loc, hierarchy, val4) as
3 (select 'I1', 'L1', 'Item', 'D1' from dual union all
4 select 'I2', 'L2', 'Item', 'D2' from dual union all
5 select 'I2', 'L3', 'Item', 'D3' from dual
6 ),
7 tab2 (loc, hierarchy, val1, val2, val3) as
8 (select 'L1', null, 'A1', 'B1', 'C1' from dual union all
9 select 'L4', null, 'A4', 'B4', 'C4' from dual
10 )
11 select a.item,
12 nvl(a.loc, b.loc) loc,
13 nvl(a.hierarchy, b.hierarchy) hierarchy,
14 b.val1,
15 b.val2,
16 b.val3, a.val4
17 from tab1 a full outer join tab2 b on a.loc = b.loc
18 order by item, loc;
ITEM LOC HIER VAL1 VAL2 VAL3 VAL4
---- --- ---- ---- ---- ---- ----
I1 L1 Item A1 B1 C1 D1
I2 L2 Item D2
I2 L3 Item D3
L4 A4 B4 C4
SQL>