Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated
document and the Japanese original, the original shall prevail.

Consolidated Financial Results
for the Three Months Ended June 30, 2024
[Japanese GAAP]
July 26, 2024
Company name: The Awa Bank, Ltd.
Listing: Tokyo
Securities code: 8388
URL: https://www.awabank.co.jp/
Representative: Takehisa Fukunaga
Inquiries: Akira Toyota
Telephone: +81-88-623-3131
Scheduled date to commence dividend payments: Trading accounts: None
Preparation of supplementary material on financial results: Yes
Holding of financial results briefing: None

President and Director
Director, General Manager, Business Management Division(Yen amounts are rounded down to millions, unless otherwise noted.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2024 (April 1, 2024 to June 30, 2024)(1) Consolidated Operating Results(Percentages indicate year-on-year changes.)
Profit attributable toOrdinary revenues
Ordinary profit
owners of parent
Millions of yen%
Millions of yen%
Millions of yen%Three months ended
June 30, 2024
19,7703.8
5,970
46.0
4,273
51.1
June 30, 2023
19,046(4.2)
4,088(29.4)
2,827(31.4)(Note) Comprehensive income:Three months ended June 30, 2024:¥2,045 million [(91.3) %]Three months ended June 30, 2023:¥
23,717 million [-%]
Basic earnings
per share
Three months ended
June 30, 2024
June 30, 2023

Diluted earnings pershare
Yen

Yen

106.6769.36-(2) Consolidated Financial Position
Total assets
As ofJune 30, 2024
March 31, 2024
(Reference) Equity:

As of June 30, 2024:
As of March 31, 2024:

Net assets

Capital adequacy ratio

Millions of yen

Millions of yen%

3,941,820
3,922,560

332,551
332,622332,551 million
332,622 million

8.4
8.4

¥
¥2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2024

-

35.00

-

40.00

75.00

Fiscal year ending March 31, 2025

-

40.00

80.00

Fiscal year ending March 31, 2025

40.00
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
None(Note) Breakdown of the 1st quarter dividend for the fiscal year ending March 31, 2025 :Commemorative dividend- yen
Special dividend- yenYear-endTotal

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025(April 1, 2024 to March 31, 2025)(Percentages indicate year-on-year changes.)
Profit attributable toOrdinary revenues
Ordinary profit
Basic earnings per shareowners of parent
Millions of yen%

Millions of yen

Six months ending
36,900(3.1)
8,600
September 30, 2024
Full year
73,400(3.5)
16,700(Note) Revision to the financial results forecast announced most recently:* Notes:(1) Significant changes in the scope of consolidation during the period:
Newly included:(Company name:Excluded:(Company name:%

Millions of yen%

Yen

5.7

5,800

6.8

145.240.4
None

11,4001.2

285.48None))(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations:
2) Changes in accounting policies due to other reasons: None
3) Changes in accounting estimates: None
4) Restatement: None

Yes

Yes

(4) Number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2024:
41,040,000 shares
March 31, 2024:
41,040,000 shares
2) Number of treasury shares at the end of the period:
June 30, 2024:
1,107,824 shares
March 31, 2024:
927,780 shares
3) Average number of shares outstanding during the period:
Three months ended June 30, 2024:
Three months ended June 30, 2023:

40,064,756 shares
40,766,139 shares* Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public
accountants or an audit firm: None
* Proper use of earnings forecasts, and other special matters
The above estimates are based on information that is available at this moment and assumptions of factors that have an
influence on future results of operations. Actual results may differ materially from these estimates, depending on futureevents.

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Millions of yen)
As of March 31, 2024
AssetsCash and due from banks
Monetary claims bought
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investments in leases
Other assets
Property, plant and equipment
Intangible 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
Bonds payable
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 June 30, 2024

402,273720
1,050,522
2,342,731
7,247
32,46954,05738,346
3,992
293
9,302
(19,397)
3,922,560

395,975757
1,080,166
2,352,657
6,908
33,36438,81638,457
3,981
293
9,217
(18,775)
3,941,820

3,197,431
134,458
4,996
4,315
158,03611
487
46,80025523,201,292
145,878
4,026
4,525
158,8243
475
52,007
-

12

1

313
141
1,398
29,6382,514
9,302
3,589,938

334
134
1,345
28,6862,514
9,217
3,609,268

(Millions of yen)
As of March 31, 2024
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 landTotal accumulated other comprehensive income
Total net assets
Total liabilities and net assets

23,452
20,106
197,890(2,541)
238,908
86,5232,430
4,759
93,713332,6223,922,560

As of June 30, 2024

23,452
20,106200,548(3,041)
241,065
82,302
4,423
4,759
91,485332,551
3,941,820

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the three months)(Millions of yen)
For the three months
ended June 30, 2023
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
Extraordinary losses
Loss on disposal of non-current assets
Impairment losses
Profit before income taxes
Income taxes
ProfitProfit attributable to owners of parent

19,046
11,514
6,440
3,675
2,345
3,886
1,299
14,957
2,722
235
126
3,394
7,863
850
4,08833
140
1138
3,951
1,124
2,827
2,827

For the three months
ended June 30, 2024
19,770
11,105
6,568
4,376
2,565
4,195
1,904
13,800
1,593
237
34
4,099
7,875
198
5,970
18
18
5,951
1,678
4,273
4,273

Quarterly Consolidated Statements of Comprehensive Income (For the three months)(Millions of yen)
For the three months
ended June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent

For the three months
ended June 30, 2024

2,827
20,88921,417(528)
23,717

4,273(2,227)(4,221)
1,993
2,045

23,7172,045