Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Nine Months Ended December 31, 2022
[Japanese GAAP]
January 27, 2023
Company name: The Awa Bank, Ltd.
Stock exchange listing: Tokyo
Code number: 8388
URL: https://www.awabank.co.jp/
Representative: Susumu Nagaoka
President and Director
Contact: Seiji Fujikura
Executive Officer, General Manager, Business Management Division
Phone: 088-623-3131
Scheduled date of filing quarterly securities report: February 03, 2023
Scheduled date of commencing dividend payments: Trading Accounts: No
Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Nine Months Ended December 31, 2022 (April 01, 2022 to December 31, 2022)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to owners of
Ordinary revenues
Ordinary profit
parentMillion yen%
Million yen%
Million yen%
Nine months ended
December 31, 2022
69,53239.0
11,016
(7.3)
7,750
(8.5)
December 31, 2021
50,005
3.1
11,885
23.9
8,470
28.3
(Note) Comprehensive income:Nine months ended December 31, 2022:¥(12,616) million [-%]
Nine months ended December 31, 2021:¥5,683 million [(82.3) %]Basic earnings
per share
Nine months ended
December 31, 2022
December 31, 2021

Diluted earnings pershare
YenYen187.93201.92-(2) Consolidated Financial Position
Total assets
Million yen
As ofDecember 31, 2022
3,767,050
March 31, 2022
3,977,726(Reference) Equity: As of December 31, 2022:
As of March 31, 2022:

Net assets¥¥

Capital adequacy ratio
Million yen%

272,185
288,404
272,185 million
288,404 million

7.2
7.2

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2022

-20.00

-

22.50

42.50

Fiscal year ending March 31, 2023-22.50

22.50

45.00

Year-end

Fiscal year ending March 31, 2023
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No(Note) Breakdown of the 3rd quarter dividend for the fiscal year ending March 31, 2023 :Commemorative dividend- yenSpecial dividend
- yen

Total

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023(April 01, 2022 to March 31, 2023)(% indicates changes from the previous corresponding period.)
Profit attributable toOrdinary revenues
Ordinary profit
Basic earnings per shareowners of parent
Million yen%

Million yen%

Million yen%

Yen

8,800

(20.8)

215.86

Full year
86,10026.7
13,500(16.3)(Note) Revision to the financial results forecast announced most recently:
No* Notes:(1) Changes in significant subsidiaries during the nine months ended December 31, 2022
(changes in specified subsidiaries resulting in changes in scope of consolidation):
NoNew(Company name:
Exclusion:(Company name:(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):December 31, 2022:
43,240,000 shares
March 31, 2022:
43,240,000 shares2) Total number of treasury shares at the end of the period:
December 31, 2022:
2,473,496 shares
March 31, 2022:
1,603,702 shares
3) Average number of shares during the period:
Nine months ended December 31, 2022:
Nine months ended December 31, 2021:

41,238,677 shares
41,950,923 shares))
YesQuarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Million yen)
As of March 31,2022
AssetsCash and due from banks
Call loans and bills bought
Monetary claims bought
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investments in leases
Other assets
Tangible fixed assets
Intangible fixed assets
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldCash collateral received for securities lent
Borrowed money
Foreign exchanges
Other liabilities
Provision for bonuses
Provision for bonuses for directors (and other officers)
Provision for retirement benefits for directors (andother officers)
Provision for share-based compensation
Provision for reimbursement of deposits
Provision for contingent loss
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities

As of December 31,2022

690,236
18,3581,398
1,031,863
2,117,033
9,240
28,93548,70038,147
4,528
214
8,482
(19,414)
3,977,726

424,464
161,227670
894,767
2,153,185
11,321
29,59158,44938,146
4,344
214
9,495
(18,827)
3,767,050

3,167,043
133,504
12,85040,945
266,375
18
40,15422
54

3,162,712
161,962
104,39375
45,181
29

14

13

257
271
1,205
15,4272,691
8,482
3,689,322

263
234
1,272
6,597
2,633
9,495
3,494,864

(Million yen)
As of March 31,2022
Net assets
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

23,452
20,106
185,469(4,100)224,927
58,375(24)
5,126
63,476
288,404
3,977,726

As of December 31,2022

23,452
20,106
191,477(5,825)229,21036,005
1,978
4,991
42,975272,185
3,767,050

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the nine months)(Million yen)
For the nine months
ended December 31,2021
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Fees and commissions
Other ordinary income
Other income
Ordinary expenses
Interest expenses
Interest on deposits
Fees and commissions payments
Other ordinary expenses
General and administrative expenses
Other expenses
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Gain on termination of retirement benefit plan
Extraordinary losses
Loss on disposal of non-current assets
Impairment losses
Profit before income taxes
Income taxes
ProfitProfit attributable to owners of parent

50,00528,604
17,903
10,151
7,291
12,0582,051
38,120
1,207
305
915
10,34422,4293,223
11,885
44
0
44
145
82
63
11,783
3,312
8,470
8,470

For the nine months
ended December 31,2022
69,532
32,34918,46911,248
7,199
14,591
15,391
58,515
5,232
590
927
29,105
22,106
1,143
11,01600343
81
261
10,6732,922
7,750
7,750Quarterly Consolidated Statements of Comprehensive Income (For the nine months)(Million yen)
For the nine months
ended December 31,2021
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans, net of tax
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent

For the nine months
ended December 31,2022

8,470(2,786)(2,948)180(18)
5,683

7,750
(20,367)(22,369)
2,002(12,616)

5,683(12,616)