November 14, 2016

Mebuki Financial Group, Inc.
（Former Ashikaga Holdings Co., Ltd.）
Financial Results for the First Half of Fiscal Year 2016, ending March 31, 2017
Stock Exchange Listing:
URL:
Representative:
For Inquiry:
Filing date of Financial Statements:
Payment date of cash dividends:

Tokyo (code: 7167)
http://www.mebuki-fg.co.jp/
Kazuyoshi Terakado, President
Kiyoshi Nozaki, General Manager of Corporate Planning Dept.
November 22, 2016 (scheduled)
December 2, 2016 (scheduled)(Japanese yen amounts of less than 1 million and the first decimal place have been rounded down.)

1. Financial Highlights (from April 1, 2016 to September 30, 2016)(%: Changes from corresponding period of previous fiscal year)(1)Consolidated Operating Results
Ordinary Income
First half
Ended September 30, 2016
Ended September 30, 2015

(Note) Comprehensive Income¥Million¥Million％

52,972
54,905(3.5)
11.1

First half of FY2016: ¥5,715 million [234.3%]

First half
Ended September 30, 2016
Ended September 30, 2015

Net Income Attributable to
Owners of the Parent

Ordinary Profit
18,69017,469¥Million

％

6.9
39.1

12,027
11,051First half of FY2015: ¥1,709 million [-88.9%]

％

8.8
42.1

Net Income per Net Income per
Share
Share (Diluted)
¥

36.09
33.16

¥

―
―

(Note) Since net income per share does not decrease as a result of dilution, diluted net income per share for the first half of previous
fiscal year 2015 and current fiscal year 2016, is not shown.

(2)Consolidated Financial ConditionsFirst half
Ended September 30, 2016
Fiscal year 2015

(Reference) Capital assets

Total Assets

Total Equity¥Million¥Million

6,269,586
6,106,037

First half of FY2016: ¥308,877 million

Capital Assets to
Total Assets％

308,877
303,105

4.9
4.9

FY2015: ¥303,105 million(Note) 1.“Capital assets to total assets” represents (“Net assets”-“Stock Acquisition Rights”-“Non controlling interests”)/ “Total assets” at fiscal year-end.

2. Cash Dividends for Shareholders
End of 1Q

Fiscal year
Ended March 31, 2016
Ending March 31, 2017

Ending March 31, 2017(Forecast)――

Cash Dividends per Share
End of 2Q¥¥

End of 3Q

5.50
5.50

―

End of FY¥

Annual

¥

―

¥

4.50

10.00

6.50

12.00

(Note) Revisions of released cash dividend forecasts : No
Cash dividends at the end of second quarter of FY2015 include a commemorative cash dividend ￥1.00 per share for120-year anniversary of a wholly owned subsidiary, The Ashikaga Bank, Ltd.
Cash dividends at the end of FY2016 (forcast) include commemorative cash dividends ￥1.00 per share for the businessintegration of The Joyo Bank, Ltd. and Ashikaga Holdings Co., Ltd.

3. Consolidated Earnings Forecasts for Fiscal year 2016, ending March 31, 2017(%: Changes from corresponding period of previous fiscal year)

Net Income Attributable to
Net Income per ShareOwners of the Parent

Ordinary Profit

Fiscal YearEnding March 3１, 2017

¥Million％

53,00074.5(Note) Revisions of released earnings forecasts : No

¥Million％¥

155,000 590.3

163.21

*Notes(1) Material changes in consolidated subsidiaries during the period (changes in specific subsidiaries
accompanied by changes in scope of consolidation): No(2) Changes in accounting principles, accounting estimates and restatement① Changes in accounting principles in accordance with changes in accounting standard, etc.: Yes② Other changes in accounting principles: Yes③ Changes in accounting estimates: Yes④ Restatement: No(3） Number of issued shares (common stock)① Number of issued shares (including treasury stock):
September 30, 2016 333,250,000 shares
March 31, 2016
333,250,000 shares② Number of treasury stock:
September 30, 2016―
sharesMarch 31, 2016―
shares
③ Average number of shares:
For the six months ended September 30, 2016
333,250,000 shares
For the six months ended September 30, 2015
333,250,000 shares（Reference） Earnings forecast of subsidiary bank, The Ashikaga Bank, Ltd.(non-consolidated)(1) Earnings forecast for fiscal year ending March 31, 2017
Fiscal Year ended
Mar.31,2016

Core gross business profit
Expenses
Core net business income
Ordinary profit
Net income

83.5
47.0
36.4
39.8
30.8

(Note) Revisions of previous earnings forecasts : No

Fiscal Year ending
Mar.31,2017
Forecast

81.0
48.5
32.5
30.5
21.0

（in billion of JPY)

Defference

(2.5)
1.4
(3.9)
(9.3)
(9.8)

Statement relating to the status of the interim audit proceduresThis report is not subject to the interim audit procedures, which are based on the Financial Instruments andExchange Law. The interim audit procedures are not finished at the time of release of these interim financial
statements.
Explanation for proper use of forecasts and other notes
1. The company falls under the category of "Specified Business Corporation " as provided in Article 17-5-2 of
the Cabinet Office Ordinance Concerning Disclosure of Public Companies. Accordingly, it has prepared its
interim consolidated financial statements and interim non-consolidated financial statements for the six months
ended September 30, 2016.
2. The above forecasts are based on information, which is presently available and certain assumptions which areconsidered to be reasonable. Actual results may differ from those forecasts depending on various future factors(changes in business environment, the market situation of interest rates and stocks, etc.).

Financial Results for the First Half of Fiscal Year 2016, Ending March 31, 2017---------------------------------------------------Contents---------------------------------------------------Ⅰ Consolidated Interim Financial Information
1. Consolidated Interim Balance Sheet ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・1

2. Consolidated Interim Statement of Income and Consolidated Interim Statement ofComprehensive Income

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

2

3. Consolidated Interim Statement of Changes in Shareholders' Equity ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・3

4. Note for Assumptions of Going Concern
5. Significant Subsequent Events

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

3

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

4

6. 【Reference】 【The Ashikaga Bank, Ltd.】 Non-consolidated Interim Balance Sheet・・・・・・

7. 【Reference】 【The Ashikaga Bank, Ltd.】 Non-consolidated Interim Statement of Income

・・

6
7

8. 【Reference】 【The Ashikaga Bank, Ltd.】 Non-consolidated Interim Statement of Changes inShareholders' Equity ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・8

Ⅱ Financial Data for the First Half of Fiscal Year 2016
1. Income Status ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

9

2. Net Business Income ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

11

3. Interest Rate Spread ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

11

4. Return on Equity ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

11

5. Gains and Losses on Securities

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

12

6．Retirement Benefits ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

12

7. Valuation Gains (Losses) on Securities

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

13

8. Capital Adequacy Ratio (Domestic Standard) ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

14

Ⅲ Status of Loans
1. Risk-monitored Loan ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

15

2. Allowance for Loan Losses

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

16

3. Ratio to Reserve for Total Risk-monitored Loans ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

16

4. Disclosed Claims under the Financial Revitalization Law ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

17

5. Status of Coverage on Disclosed Claims under the Financial Revitalization Law ・ ・ ・ ・ ・ ・ ・ ・

17

6. Loan Portfolio ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・

18(1) Classification of loans by type of industry

18・・・・・・・・・・・・・・・・・・・・・・・・・・・・(2) Classification of risk-monitored loans by type of industry(3) Consumer loans

・・・・・・・・・・・・・・・・・・・

18

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

19(4) Loans to small-and-medium-sized enterprises
7. Loans to Entities Overseas by Country

・・・・・・・・・・・・・・・・・・・・・・・・・・

19

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

19

8. Outstanding Balance of Deposits and Loans・・・・・・・・・・・・・・・・・・・・・・・・・・・・

19

ⅠConsolidated Interim Financial Information
1. Consolidated Interim Balance Sheet【Ashikaga Holdings Co., Ltd.】(Millions of yen）

Item
AssetsCash and due from banks
Call loans and bills bought
Monetary claims bought
Trading account securities
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investments in lease
Other assets
Tangible fixed assets
Intangible fixed assets
Asset for retirement benefits
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total Assets(Japanese)(資産の部)
現金
預
け金
コールローン及び買入手形
買
入
金
銭
債
権
商
品
有
価
証
券
有
価
証
券
貸
出
金
外
国
為
替
リース債権及びリース投資資産
そ
の
他
資
産
有
形
固
定
資
産
無
形
固
定
資
産
退 職 給 付 に 係 る 資 産
繰
延
税
金
資
産
支
払
承
諾
見
返
貸
倒
引
当
金
資
産
の
部
合
計

As of March 31,
2016

As of Sep. 30,
2016437,509
414
7,627
3,596
1,296,769
4,235,174
4,377－
34,277
24,42478,601
10,446584
12,913(40,679)
6,106,037

621,813
－
6,454
2,555
1,301,771
4,221,375
4,237
743
22,24925,89775,52011,693538
13,316(38,581)6,269,586(Millions of yen）

Item
Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldPayables under securities lending transactions
Borrowed money
Foreign Exchanges
Other liabilities
Provision for directors' bonuses
Provision for directors' retirement benefits
Provision for reimbursement of deposits
Provision for contingent loss
Provision for point card certificatesDeferred tax liabilities
Acceptances and guarantees
Total liabilities
EquityCapital stock
Capital surplus
Retained earnings
Total shareholders’ equity
Unrealized gains on available-for-sale securities
Deferred gains (losses) on hedges
Defined retirement benefit plans
Total accumulated other comprehensive income
Total equity
Total liabilities and equity(Note) Figures are rounded down to the nearest million.

(Japanese)(負債の部)
預
金
譲
渡
性
預
金
コールマネー及び売渡手形
債券貸借取引受入担保金
借
用
金
外
国
為
替
そ
の
他
負
債
役 員 賞 与 引 当 金役 員 退 職 慰 労 引 当 金
睡眠預金払戻損失引当金
偶 発 損 失 引 当 金
ポ イ ン ト 引 当 金
繰
延
税
金
負
債
支
払
承
諾
負
債
の
部
合
計
(純資産の部)
資
本
金
資
本
剰
余
金
利
益
剰
余
金
株
主
資
本
合
計
その他有価証券評価差額金
繰 延 ヘ ッ ジ 損 益
退職給付に係る調整累計額
その他の包括利益累計額合計
純 資 産 の 部 合 計
負債及び純資産の部合計－1－

As of March 31,
2016

As of Sep. 30,
2016

5,206,700
174,878
78,00025,263
251,726
282
46,266
57
311
858
464
134
5,074
12,9135,802,932

5,148,407
224,725
221,796
21,510289,121280
37,182
18
－
809
521
110
2,908
13,316
5,960,708

117,495
29,025
113,594
260,115
48,527(3,951)(1,585)42,990303,105
6,106,037

117,495
29,025
125,679
272,200
38,17381(1,577)36,677
308,877
6,269,586

2. Consolidated Interim Statement of Income and Consolidated Interim Statement ofComprehensive Income【Ashikaga Holdings Co., Ltd.】(1)Consolidated Interim Statement of Income(Millions of yen）

Item

(Japanese)

Ordinary income
Interest income
Interest on loans and bills discounted
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 business expenses
General and administrative expenses
Other operating expenses
Ordinary profit
Extraordinary losses
Loss on disposal of fixed assets
Loss on reduction of tangible fixed assets
Income before income taxes and noncontrolling interests
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
Net income attributable to owners of the parent

経
常
収
益
資
金
運
用
収
益
（ う ち 貸 出 金 利 息 ）（うち有価証券利息配当金）
役 務 取 引 等 収 益
そ の 他 業 務 収 益
そ の 他 経 常 収 益
経
常
費
用
資
金
調
達
費
用
（ う ち 預 金 利 息 ）役 務 取 引 等 費 用
そ の 他 業 務 費 用
営
業経費
そ の 他 経 常 費 用
経
常
利
益
特
別
損
失
固 定 資 産 処 分 損
固 定 資 産 圧 縮 損
税金等調整前中間純利益
法人税、住民税及び事業税
法 人 税 等 調 整 額
法
人
税
等
合
計
中
間
純
利
益
親会社株主に帰属する中間純利益(Note) Figures are rounded down to the nearest million.

For the six
months ended
Sep.30,2015

54,90538,95528,008
10,469
11,146
1,067
3,735
37,435
2,452
1,131
3,066
124
27,943
3,848
17,46959
33
25
17,409
3,392
2,965
6,357
11,051
11,051(2)Consolidated Interim Statement of Comprehensive Income
Item
Net income
Other comprehensive income
Unrealized gain on available-for-sale securities
Deferred gains ( losses ) on hedges
Defined retirement benefit plan
Comprehensive income

中
間
純
利
益
そ の 他 の 包 括 利 益
その他有価証券評価差額金
繰 延 ヘ ッ ジ 損 益
退 職 給 付 に 係 る 調 整 額
中
間
包
括
利
益

Comprehensive income attributable to owners of the parent
親会社株主に係る中間包括利益
Comprehensive income attributable to noncontrolling interests 非 支 配 株 主 に 係 る 中 間 包 括 利 益－2－52,97237,36426,850
10,25010,384
1,333
3,890
34,282
2,055
644
3,274
334
27,258
1,359
18,6904739
718,643
4,758
1,856
6,615
12,027
12,027(Millions of yen）

(Japanese)(Note) Figures are rounded down to the nearest million.

For the six
months ended
Sep.30,2016

For the six
months ended
Sep.30,2015

11,051(9,342)(10,355)
801
211
1,709
1,709
－

For the six
months ended
Sep.30,2016

12,027(6,312)(10,353)
4,033
8
5,715
5,715
－

3. Consolidated Interim Statement of Changes in Shareholders' Equity【Ashikaga Holdings Co., Ltd.】

1st Half of FY 2015 (ended September 30, 2015)(Millions of yen）

Shareholders’ equity

Capitalstock

Capitalsurplus

Accumulated other comprehensive income

Total

Retainedshareholders
earnings’ equity

Unrealized
gains onavailablefor-salesecurities

株主資本

Balance at the beginning ofcurrent period

当 期 首 残 高Changes of items during theperiod

当中間期変動額

Cash dividends
Net income attributable toowners of the parent
Net changes except forshareholders’ equity during
the period

Deferred
gains(losses) onhedges

Total
Definedaccumulated
retirement
other
benefitcomprehensive
plansincomeTotal
Equityその他の包括利益累計額

純資産
合計

資本金

資本
剰余金

利益
剰余金

その他有価
退職給付に その他の包括
繰延ヘッジ
株主資本
証券評価差
係る調整累 利益累計額合
損益
合計
計
額金
計額

117,495

29,025

94,474240,994(1,499)(1,499)(1,499)11,051

11,051

11,051剰 余 金 の
配
当親会社株主に帰属する中間純利益
株主資本以外の項目の当中間期変動額（純額）

44,704

(650)

2,072

46,126287,121(10,355)

801

211(9,342)(9,342)

Total changes during theperiod

当中間期変動額
合
計

－

－

9,552

9,552

(10,355)

801

211(9,342)

209

Balance at the end of current
period

当中間期末残高117,495

29,025104,026

250,547

34,348151

2,284

36,784

287,331

1st Half of FY 2016 (ended September 30, 2016)(Millions of yen）

Shareholders’ equity

Capitalstock

Capitalsurplus

Accumulated other comprehensive income

Total

Retainedshareholders
earnings’ equity

Unrealized
gains onavailablefor-salesecurities

株主資本

Balance at the beginning ofcurrent period

当 期 首 残 高

Cumulative effects of changes
in accounting policies

会計方針の変更による累積的影響額

Restated balance

会計方針の変更を反映した当期首残高

Changes of items during theperiod

当中間期変動額

Cash dividends
Net income attributable toowners of the parent
Net changes except forshareholders’ equity during
the period

Deferred
gains(losses) onhedges

Total
Definedaccumulated
retirement
other
benefitcomprehensive
plansincomeTotal
Equityその他の包括利益累計額

純資産
合計

資本金

資本
剰余金

利益
剰余金

その他有価
退職給付に その他の包括
繰延ヘッジ
株主資本
証券評価差
係る調整累 利益累計額合
損益
合計
計
額金
計額

117,495

29,025

113,594

260,115

1,557

1,557

115,151

261,672(1,499)(1,499)(1,499)12,027

12,027

12,027

117,495

29,025剰 余 金 の
配
当親会社株主に帰属する中間純利益
株主資本以外の項目の当中間期変動額（純額）

48,527(3,951)(1,585)42,990303,105
1,557

48,527(3,951)(1,585)42,990304,662(10,353)4,033

8(6,312)(6,312)

Total changes during theperiod

当中間期変動額
合計－－10,528

10,528(10,353)4,033

8(6,312)

4,215

Balance at the end of current
period

当中間期末残高117,495

29,025

125,679

272,200

38,17381(1,577)36,677

308,877

4. Note for Assumptions of Going Concern
Not applicable.

－3－5. Significant Subsequent Events

The Business Integration of Ashikaga Holdings Co., Ltd. and the Joyo Bank, Ltd.
Ashikaga Holdings Co., Ltd. (hereinafter referred to as “AHD”) and the Joyo Bank, Ltd. (President:
Kazuyoshi Terakado; hereinafter referred to as “Joyo”) (together, the “Companies”), resolved toconsummate the business integration through a share exchange. At the same time, AHD, Joyo, and The
Ashikaga Bank, Ltd. (hereinafter referred to as “Ashikaga Bank”) entered into a business integrationagreement.
AHD conducted a share exchange which makes AHD a wholly owing parent company and Joyo a wholly
owned subsidiary, and changed its trade name to "Mebuki Financial Group, Inc." on October 1, 2016 as aneffective date, after approval for the share exchange by the ordinary general meeting of shareholders ofboth of the Companies held on June 28, 2016, and approval for the business integration has been issued by
Financial Services Agency of Japan on September 29, 2016.

(1)Outline of Business Combination①Name and Business Content of Acquired Company
Name of Acquired Company : AHD
Business content: Bank holding company②Main Reasons for Business Combination
The new financial group that will be established through the integration of the Companies will aim to
maintain and promote the relationships with customers and deep understanding of local communities
that Joyo and Ashikaga Bank have developed over the years, and to realize the advancement ofcomprehensive financial services and operational efficiencies by taking advantage of a wide area
network and other connections formed through the Business Integration.
Through the above-mentioned efforts, the Companies will provide more convenient and high-quality
comprehensive financial services that can be achieved only through the integration of leading regionalbanks. In addition, the Companies will aim to become a group that is highly evaluated by eachstakeholder through the achievement of persistent growth as a driving force of regional development
and revitalization, the improvement of corporate value in response to the expectations of shareholders
and markets, and the expansion of the opportunities for officers and employees to play an active partand enhance their pride and enjoyment in their duties. Furthermore, the Companies will aim tobecome a financial group that is open to other regional financial institutions who share the corporate
ideals with each other.
③Date of Business Combination
October 1, 2016
④Legal Form of Business Combination
Share exchange, under which AHD became the parent company, and Joyo became the wholly owned
subsidiary.
⑤Name of Company after Business Combination
Mebuki Financial Group, Inc.
⑥Voting rights acquired
Voting right ratio before the share exchange
Acquired voting right ratio on the date of the business combination
Voting right ratio after the share exchange

0.39%
99.61%
100.00%⑦Reason for determining acquiring company
By applying “Accounting Standard for Business Combinations (ASBJ Statement No.21) and the
Guidance on Accounting Standard for Business Combinations and Accounting Standard for Business
Divestitures (ASBJ Guidance No.10), it is decided that Joyo be the acquiring company and AHD be theacquired company, mainly because shareholders of Joyo, a wholly owned subsidiary, will have thelargest percentage of voting rights of the integrated company.

－4－(2)Cost of acquisition of the acquired company and breakdown of the consideration
Market value of AHD common shares held by Joyo immediately before
the date of the business combination
Market value of Joyo common shares as if to be issued by Joyo on
the date of the business combination
Cost of acquisition￥464 million￥122,998 million￥123,463 million(3)Exchange Ratio by type of shares and methods of calculating share exchange ratio and number ofshares allotted①Exchange Ratio by type of shares
Joyo shareholdersl receive 1.17 shares of AHD common stock for each share of Joyo common stock.
②Methods of calculating share exchange ratio
To ensure fairness of calculation of the share exchange ratio, Companies will appoint a third party
valuation institution independent of both parties. Joyo Bank has appointed Mitsubishi UFJ Morgan
Stanley Securities Co., Ltd. for its third party valuation and AHD has appointed
PricewaterhouseCoopers for its third party valuation. Based on the analysis results, Companies havecarefully consulted and considered matters, and have reached conclusion that the above common shareexchange ratio is appropriate for the business integration.
③Number of Shares Delivered
Common Shares 845,805,218 shares④The amount of difference between the total cost of each transaction and the acquisition cost of
the acquired company
Loss on step acquisitions ￥184 million⑤Expenses related to the acquisition
Advisory fees etc.
￥649 million－5－６ 【Reference】【 The Ashikaga Bank, Ltd.】
Non-consolidated Interim Balance Sheet(Millions of yen）

Item
AssetsCash and due from banks
Call loans
Monetary claims bought
Trading account securities
Securities
Loans and bills discounted
Foreign exchanges
Other assets
Tangible fixed assets
Intangible fixed assets
Prepaid pension cost
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total Assets

As of Mar. 31,
2016(Japanese)
現
コ
買
商
有
貸
外
そ
有
無
前
支
貸
資

(資産の部)
金
預
け
ー
ル
ロ
ー
入
金
銭
債
品
有
価
証
価
証
出
国
為
の
他
資
形
固
定
資
形
固
定
資
払
年
金
費
払
承
諾
見
倒
引
当
産
の
部
合

金
ン
権
券
券
金
替
産
産
産
用
返
金
計

437,507
414
7,627
3,596
1,325,749
4,274,437
4,377
24,91625,2752,569
12,786
12,913(33,328)
6,098,844

As of Sep. 30,
2016621,812
－
6,454
2,555
1,330,755
4,260,674
4,237
18,74826,1342,557
14,016
13,316(32,834)
6,268,430(Millions of yen）

Item
Liabilities
Deposits
Negotiable certificates of deposit
Call money
Payables under securities lending transactions
Borrowed money
Foreign Exchanges
Other liabilities
Income taxes payable
Lease obligations
Asset retirement obligations
Other
Provision for directors' bonuses
Provision for directors' retirement benefits
Provision for reimbursement of deposits
Provision for contingent loss
Provision for point card certificatesDeferred tax liabilities
Acceptances and guarantees
Total liabilities
EquityCapital stock
Retained earnings
Legal retained earnings
Other retained earnings
Retained earnings brought forward
Total shareholders’ equity
Unrealized gains on available-for-sale securities

Deferred gains (losses) on hedges
Total valuation and translation adjustments
Total equity
Total liabilities and equity(Japanese)(負債の部)
預
金
譲
渡
性
預
金
コ
ー
ル
マ
ネ
ー
債券貸借取引受入担保金
借
用
金
外
国
為
替
そ
の
他
負
債
未
払
法
人
税
等
リ
ー
ス
債
務
資
産
除
去
債
務
そ
の
他
の
負
債
役 員 賞 与 引 当 金役 員 退 職 慰 労 引 当 金
睡眠預金払戻損失引当金
偶 発 損 失 引 当 金
ポ イ ン ト 引 当 金
繰
延
税
金
負
債
支
払
承
諾
負
債
の
部
合
計

As of Mar. 31,
2016

As of Sep. 30,
2016

5,224,561
224,878
78,00025,263
181,726282
30,4261,990
17544
27,874
25
132
858
464
90
7,296
12,913
5,786,919

5,170,677
284,725
221,796
21,510219,121280
22,5551,868
14
546
20,125
17
－
809
521
65
4,260
13,316
5,959,657

135,000
129,428
17,694
111,733
111,733
264,428
51,447(3,951)47,495
311,924
6,098,844

135,000
132,704
20,107
112,596
112,596
267,704
40,986
81
41,067308,772
6,268,430(純資産の部)
資
本
金
利
益
剰
余
金
利
益
準
備
金
そ の 他 利 益 剰 余 金繰 越 利 益 剰 余 金
株
主
資
本
合
計
その他有価証券評価差額金
繰 延 ヘ ッ ジ 損 益
評 価 ・ 換 算 差 額 等 合 計
純 資 産 の 部 合 計
負債及び純資産の部合計(Note) Figures are rounded down to the nearest million.

－6－

７ 【Reference】【 The Ashikaga Bank, Ltd.】
Non-consolidated Interim Statement of Income(Millions of yen）

Item
Ordinary income
Interest income
Interest on loans and bills 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 operating expenses
Ordinary profit
Extraordinary losses
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income(Japanese)
経
常
収
益
資
金
運
用
収
益
( う ち 貸 出 金 利 息 ）（うち有価証券利息配当金）
役 務 取 引 等 収 益
そ の 他 業 務 収 益
そ の 他 経 常 収 益
経
常
費
用
資
金
調
達
費
用
（ う ち 預 金 利 息 ）役 務 取 引 等 費 用
そ の 他 業 務 費 用
営
業経費
そ の 他 経 常 費 用
経
常
利
益
特
別
損
失
税 引 前 中 間 純 利 益
法人税、住民税及び事業税
法 人 税 等 調 整 額
法
人
税
等
合
計
中
間
純
利
益

(Note) Figures are rounded down to the nearest million.

－7－

For the six
months ended
Sep.30,2015

54,89037,86026,918
10,46910,555921
5,553
30,501
1,694
1,133
3,124
60
24,0191,603
24,38859
24,328
6,223
1,080
7,304
17,024

For the six
months ended
Sep.30,2016

50,86736,22925,722
10,246
10,076
1,225
3,336
30,790
1,433
644
3,338
281
23,336
2,399
20,07746
20,030
5,296
950
6,247
13,783

8. 【Reference】【 The Ashikaga Bank, Ltd.】
Non-consolidated Interim Statement of Changes in Shareholders’ Equity
1st Half of FY 2015 (ended September 30, 2015)(Millions of yen）
Valuation and translation
adjustments

Shareholders’ equity
Retained earnings
Capitalstock

CapitalsurplusOtherretainedearnings
Retainedearnings
brought
forward

Total

Total
shareholde
retained rs’ equity
earnings

株主資本Unrealized
gains onavailablefor-salesecurities

Deferred
gains（losses） onhedgesTotalvaluationandtranslation
adjustments

評価・換算差額等

利益剰余金
資本金

Balance at the beginning of
the period
Changes of items during theperiod

当

期

首

残

高

その他利
益剰余金
繰越利益
剰余金

利益剰余
金合計

その他有価
繰延ヘッジ 評価・換算差
株主資本
証券評価差
額等合計
損益
合計
額金

純資産
合計

15,281

95,352

110,634

245,634

292,755

2,412(14,477)(12,064)(12,064)(12,064)

17,024

17,024

17,024

17,024

利益
準備金47,771(650)

47,121

当中間期変動額

Cash dividends

剰配余Net income

中間

Net changes except forshareholders’ equity
during the period

株主資本以外の項目の
当中間期変動額（純額）

純

金

の
当

利

益

Total changes of items during 当 中 間 期 変 動 額
the period
合計Balance at the end of current
period135,000

当中間期末残高(10,507)801(9,706)(9,706)

－

2,412

2,547

4,960

4,960

(10,507)801(9,706)(4,746)135,000

17,694

97,899115,594

250,594

37,263151

37,414

288,009

1st Half of FY 2016 (ended September 30, 2016)(Millions of yen）
Valuation and translation
adjustments

Shareholders’ equity
Retained earnings
Capitalstock

CapitalsurplusOtherretainedearnings
Retainedearnings
brought
forwardTotal
retainedearnings

Total
shareholders’ equity

株主資本

Unrealized
gains onavailablefor-salesecurities

Deferred
gains（losses） onhedgesTotalvaluationandtranslation
adjustments

資本金

当

期

首

残

高

135,000

その他利
益剰余金
繰越利益
剰余金

利益剰余
金合計

その他有価
繰延ヘッジ 評価・換算差
株主資本
証券評価差
額等合計
損益
合計
額金

純資産
合計

111,733

129,428

264,428

311,924

1,557

1,557

1,557

17,694113,290

130,985

265,985

2,412(14,477)(12,064)(12,064)(12,064)

13,783

13,783

13,783

13,783

利益
準備金
17,694

Cumulative effects of changes 会計方針の変更によin accounting policies
る累積的影響額
Restated balance

会計方針の変更を反映
し た 当 期 首 残 高Changes of items during theperiod

当中間期変動額

Cash dividends

剰配余Net income

中間

Net changes except forshareholders’ equity
during the period

株主資本以外の項目の
当中間期変動額（純額）

純

金

の
当

利

益

Total changes of items during 当 中 間 期 変 動 額
the period
合計Balance at the end of current
period

当中間期末残高

135,000

Total
Equity評価・換算差額等

利益剰余金

Balance at the beginning of
the period

Total
Equity51,447(3,951)47,495

1,557
51,447(3,951)47,495

313,481(10,461)

4,033(6,428)(6,428)

－

2,412

(694)

1,718

1,718

(10,461)

4,033(6,428)(4,709)135,000

20,107

112,596

132,704

267,704

40,986

81

41,067308,772－8－

Ⅱ Financial Data for the First Half of Fiscal Year 2016
1. Income Status【Ashikaga Holdings Co., Ltd. (Consolidated basis)】(Millions of yen）

First Halfof FY2016(Japanese)

Consolidated gross profit
Net interest income
Net fees and commissions
Net trading income
Net other business income
General and administrative expenses
Credit related costs
Write-off of loans
Transfer to specific allowance for loan losses
Transfer to general allowance for loan losses
Other credit related costs
Gains (losses) on stocks
Equity in gains (losses) of affiliated companies
OthersOrdinary profit
Extraordinary income(losses)
Income before income taxes and minority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
Net income attributable to noncontrolling interests
Net income attributable to owners of the parent

連
資
役
特
そ
営
与

結

粗
金

利
利

務 取 引 等 利定取引
利の 他 業 務 利
業
経
信
関
係
費

益
益
益
益
益
費
用

貸
出
金
償
却
個 別 貸 倒 引 当 金 繰 入 額
一 般 貸 倒 引 当 金 繰 入 額
そ の 他 の 与 信 関 係 費 用
株 式 等 関 係 損 益
持 分 法 に よ る 投 資 損 益
そ
の
他
経
常
利
益
特
別
損
益
税金等調整前中間純利益
法人税、住民税及び事業税
法
法

人 税 等 調 整
人
税
等
合

額
計

中
間
純
利
益
非支配株主に帰属する中間純利益
親会社株主に帰属する中間純利益(A)43,41835,3097,110－
998
27,258
451
470
1,398
(1,249)
(167)
2,324
－
656
18,690(47)
18,643
4,758
1,856
6,615
12,027－
12,027(A)-(B)(2,106)(1,193)
(968)
－
55
(684)
(1,917)(11)(3,702)
1,658
138
43
－
681
1,220
12
1,233
1,366
(1,108)
257
975
－
975

First Halfof FY2015(Note) Consolidated gross business profit=(Interest income－Interest expenses)+(Fees and commissions income＋Trust Fee－Fees andcommissions expenses)+(Trading income－Trading expenses)+(Other business income－Other business expenses)(注)(B)
45,52536,503
8,079－
943
27,943
2,368
482
5,100
(2,908)
(305)
2,280
－
(24)
17,469(59)
17,409
3,392
2,965
6,357
11,051－
11,051

連結粗利益＝（資金運用収益－資金調達費用）＋（役務取引等収益＋信託報酬－役務取引等費用）＋（特定取引収益－特定取引費用）＋（その他業
務収益－その他業務費用）

Reference

Consolidated net business income(before general allowance for loan losses)

Consolidated net business income

連結業務純益（一般貸引繰入前）

16,195(1,736)

17,932

連

17,445(3,395)

20,841

結

業

務

純

益

(Note) Consolidated net business income= Consolidated gross profit － General and administrative expenses(excluding non-recurrent expense)－Transfer to general allowance for loan losses（注）連結業務純益＝連結粗利益－営業経費（除く臨時費用分）－一般貸倒引当金繰入額（Number of Consolidated Subsidiaries）(Japanese)First Halfof FY2016(A)

Number of consolidated subsidiaries

連
結
子
会
社
数
Number of affiliated companies applicable to the equity method 持 分 法 適 用 会 社 数

－9－

4
－

(A)-(B)－－First Halfof FY2015

(B)

4
－

【The Ashikaga Bank, Ltd. (Non-Consolidated basis）】(Millions of yen）

First Halfof FY2016(Japanese)

Gross business profit(excluding gains/losses on bond transactions)
Domestic gross business profit(excluding gains/losses on bond transactions)
Net interest income
Net fees and commissions
Net trading income
Net other business income(Of which, gains/losses on bond transactions)International gross business profit(excluding gains/losses on bond transactions)
Net interest income
Net fees and commissions
Net trading income
Net other business income(Of which, gains/losses on bond transactions)
Expenses (excluding non-recurrent expense)
Personnel expenses
Non-personnel expenses
Taxes
Net business income (before general allowance for loan losses)(excluding gains/losses on bond transactions)
Net transfer to general allowance for loan losses①
Net business income(Of which, gains/losses on bond transactions)
Net non-recurrent gains/losses
Disposal of non-performing loans②
Write-off of loans
Transfer to specific allowance for loan losses
Losses on sales of loans
Transfer to provision for contingent losses
Reversal of allowance for loan losses
Recoveries of written-off claims
Other
Gains/losses related to stocks, etc
Gains on sales on stocks,etc
Losses on sales on stocks,etc
Write-off amount of stocks,etc
Other non-recuurrent gains/losses
Ordinary profit
Extraordinary income/losses
Net gains/losses from fixed assets
Gains on disposal of fixed assets
Losses on disposal of fixed assets
Impairment losses
Loss on reduction of tangible fixed assets
Income before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Net Income
Credit related costs (①＋②)

固 定 資 産 処 分 損 益
固 定 資 産 処 分 益
固 定 資 産 処 分 損
減損
損
失固 定 資 産 圧 縮 損
税 引 前 中 間 純 利 益
法人税、住民税及び事業税
法 人 税 等 調 整 額
法
人
税
等
合
計
中
間
純
利
益

(A)
42,476
41,98941,18940,70133,859
6,721
－
608
487
1,287
1,287
936
16
－
335
－
23,311
12,716
8,789
1,805
19,165
18,678(1,239)20,404
487
(326)
2,789
428
2,516
0
57
－
212
－
2,442
2,875
419
13
21
20,077
(46)
(39)
－
39
－
7
20,030
5,296
950
6,247
13,783(A)-(B)(1,981)(1,768)(2,154)(1,940)(1,402)
(674)
－
(77)
(213)
172
172
31
(18)
－
159
－
(380)
(72)
(515)
208
(1,601)(1,387)(1,239)(362)(213)(3,948)
4,242
(4)
2,516
(2)
89
(1,582)
(60)
－
(57)
(610)
(558)
5
350
(4,310)
12
(5)
－
5
－
(18)
(4,298)(926)(130)(1,057)(3,241)

与 信 関 係 費 用 （ ① + ② ）

1,550

3,003

業
務
粗
利
益
(除く国債等債券損益(5勘定尻))国 内 業 務 粗 利 益(除く国債等債券損益(5勘定尻))資
金利益
役 務 取 引 等 利 益
特 定 取 引 等 利 益
その 他 業 務 利 益(うち国債等債券損益(5勘定尻)国 際 業 務 粗 利 益(除く国債等債券損益(5勘定尻))資
金利益
役 務 取 引 等 利 益
特そ

定 取 引 等 利 益の 他 業 務 利 益(うち国債等債券損益(5勘定尻)
経 費 ( 除 く 臨 時 処 理 分 )
人
件
費
物
件
費
税
金
業務純益(一般貸引繰入前)(除く国債等債券損益(5勘定尻))一般貸倒引当金繰入額①
業
務
純
益(うち国債等債券損益(5勘定尻)臨
時
損益
不 良 債 権 処 理 額 ②
貸
出
金
償
却
個 別 貸 倒 引 当 金 繰 入 額
貸
出
金
売
却
損
偶 発 損 失 引 当 金 繰 入 額
貸 倒 引 当 金 戻 入 益
償 却 債 権 取 立 益
その他
株 式 等 関 係 損 益
株
株

式
式

株
そ

の

経
特

等
等

式
他
常
別

－10－

売
売
等
臨

時
利
損

却
却

益
損

償

却
益

損

益
益

First Halfof FY2015(B)
44,45843,75743,34342,64235,261
7,396
－
685
700
1,115
1,115
904
34
－
175
－
23,691
12,7899,305
1,597
20,766
20,065－
20,766700
3,621(1,452)
433
－
2
(32)
1,582
273
－
2,499
3,486
978
8
(329)
24,388
(59)
(33)
－
33
－
25
24,328
6,223
1,080
7,304
17,024(1,452)

2. Net Business Income【The Ashikaga Bank, Ltd. (Non-consolidated basis）】(Millions of yen）

First Halfof FY2016(Japanese)

Net business income (before transfer to general
業務純益(一般貸引繰入前)
allowance for loan losses)
Per head (in thousands of yen)
職 員 一 人 当 た り ( 千 円 )Net business income
業務純益Per head (in thousands of yen)
職 員 一 人 当 た り ( 千 円 )(A)(A)-(B)First Halfof FY2015(B)

19,165(1,601)

20,766

6,581
20,404
7,007

(537)
(362)
(112)

7,119
20,766
7,119(Note) The average number of full-time employeees, excluding transferred employees,temporary staff, and contract employees, is used in theabove calculation.
(注) 職員数は、臨時雇用、嘱託及び出向職員を除いた平均人員を使用しております。

3. Interest Rate Spread【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Whole bank operations
Average yield on interest earning assets①
Average yield on loans and bills discounted
Average yield on securities
Average yield on interest bearing liabilities②(Japanese)
資

金

運

貸
有
資

出
価
金

証
調

Average yield on deposits and negotiable certificates of預deposit金

Average yield on call money and borrowed money 外
Average interest rate spread (①－②)
総

負

回
回
価

(A)-(B)(0.08)(0.08)(0.29)(0.06)

利回

0.02(0.02)

0.04

利
利

回
鞘

0.04
0.39

(0.06)(0.02)

0.10
0.41

利

回

券
達

利
利
原

等
債
金

First Halfof FY2016(Japanese)
資

金

運

貸
有
資

出
価
金

証
調

Average yield on deposits and negotiable certificates of預deposit金

Average yield on call money and borrowed money 外
Average interest rate spread (①－②)
総

負

回

券
達

利
利
原

回
回
価

(A)
1.18
1.21
1.60
0.80

利

回

0.02

(0.02)

0.04

利
利

回
鞘

0.01
0.38

(0.08)
0.00

0.09
0.38

債
金

4. Return on Equity【Ashikaga Holdings Co., Ltd. (Consolidated basis)】

(B)
1.26
1.29
2.01
0.88

(％）

First Halfof
FY2016(Japanese)(A)

Net income attributable to owners of the parent basis(％）

First Halfof FY2015

利等(A)-(B)(0.08)(0.08)(0.41)(0.08)

(B)
1.30
1.29
1.91
0.89

用
金

部
資

(％）

First Halfof FY2015

(A)
1.22
1.21
1.62
0.83

用
金

部
資

Domestic operations
Average yield on interest earning assets ①
Average yield on loans and bills discounted
Average yield on securities
Average yield on interest bearing liabilities ②First Halfof FY2016

親 会 社 株 主 に 帰属 する
中 間 純 利 益 ベ ー ス

7.82

First Halfof FY2015(A)-(B)
0.15

(B)
7.67

(Note) A denominator (Net average assets) is calculated as follows: (Net assets at the beginning of the period excluding subscription rights toshares and non controlling interest + Net assets at the end of the period excluding subscription rights to shares and non controllinginterest)/2(注)分母となる自己資本平均残高は、［(期首純資産の部－新株予約権－非支配株主持分)＋(期末純資産の部－新株予約権－非支配株主持分)］÷2としております。

【The Ashikaga Bank, Ltd. (Non-consolidated basis)(％）

First Halfof
FY2016(Japanese)
Net business income basis

業

ス

(A)
13.08

Net income basis

中 間 純 利 益 ベ ー ス

8.83

務

純

益

ベ

ー

First Halfof FY2015(A)-(B)(1.18)(B)
14.26(2.86)

11.69(Note) A denominator (Net average assets) is calculated as follows: (Net assets at the beginning of the period excluding subscription rights toshares + Net assets at the end of the period excluding subscription rights to shares)/2(注)分母となる自己資本平均残高は、［(期首純資産の部－新株予約権)＋(期末純資産の部－新株予約権)］÷2としております。

－11－

5. Gains and Losses on Securities【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Japanese)
Gains (losses) on bonds（Government bonds, etc.）

Gains on sales
Gains on redemption
Losses on sales
Losses on redemption
Write-offs

Gains (losses) on stocks, etc.
Gains on sales
Losses on sales
Write-offs(Millions of yen）

First Half of
FY2016(A)(B)

国債等債券損益（5勘定尻）

487

(213)

700

売

却

益

償
売
償

還
却
還

益
損
損

769
－
281
－
－

32
－
281
－
(36)

736
－
0
－
36

2,442
2,875
419
13

(57)
(610)
(558)
5

2,499
3,486
978
8

償

却

株式等損益（3勘定尻）
売
却
益
売
償

却

損
却

6． Retirement Benefits
Retirement Benefit Costs【The Ashikaga Bank, Ltd. (Non-consolidated basis)】

退

職

給

付

(Millions of yen）

First Half of
FY2016(Japanese)

Retirement benefit costs(A)-(B)First Halfof FY2015

(A)

費

用

237

(A)-(B)(336)

First Halfof FY2015(B)
574

Service cost

勤

務

費

用

1,009

101

907

Interest cost

利

息

費

用

90

(130)

221

Expected return on plan assets

期

益

(875)

(7)

(868)

Amortization of prior service cost

過 去 勤 務 債 務 償 却

(72)

－

(72)

Recognized actuarial losses

数理計算上の差異償却

85

(298)

383

Other retirement cost

そ

－

(1)

1

待

運

用

収

の

他

(Millions of yen）

【Ashikaga Holdings Co., Ltd. (Consolidated basis)】First Half of
FY2016(Japanese)(A)
Retirement benefit costs

退

職

給

付

費

用

－12－

First Halfof FY2015(A)-(B)
235

(338)

(B)
574

７． Valuation Gains (Losses) on Securities(1) Valuation Standards of Securities
買価

Market value method (Valuation differences are recognized as gains or
的券 losses and stated in statement of income）
時価法（評価差額を損益処理）

Trading purpose securities

売
有

目
証

Securities held-to-maturity

満 期 保 有 目 的 Amortized cost method
債
券 償却原価法

Other securities(available-for-sale securities)

Market value method (Valuation differences are stated in equity of
その他有価証券 balance sheet)
時価法（評価差額は全部純資産直入）

Stocks of subsidiaries andaffiliated companies

子 会 社 及 び Cost accounting method
関 連 会 社 株 式 原価法(2) Unrealized Valuation Gains (Losses)【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen）

As of Sep. 30, 2016

As of Mar. 31, 2016
Unrealized valuation gains(losses)

Unrealized valuation gains (losses)(A)
Held-tomaturity
Bonds
OthersOther(available-forsale)
Stocks
Bonds
Others
Total
Stocks
Bonds

(A-B)

(A-C)

Valuation
gains

Valuation
losses(B)

As of Sep. 30, 2015
Unrealized valuation gains(losses)

Valuation
gains

Valuation
losses(C)

Valuation
gains

Valuation
losses

満期保有目
的
債
券
そ の 他

13,755

(84)

3,656

13,767

12

13,84013,840－10,09910,099－13,736

(44)

3,745

13,746

9

13,781

13,781

－

9,991

9,991

－

18

(39)

(88)

21

2

58

58

－

107

107

－

そ の 他
有 価 証 券56,975 (14,657)

4,715

63,765

6,789

71,63375,624

3,991

52,26055,473

3,213

株
債
そ
合
株
債
そ

24,680(4,758)(6,491)

24,846165

29,43829,51576

31,171

31,22049

24,468(6,506)

10,53624,781313

30,97431,283308

13,932

14,452

519

7,826

の

式
券
他
計
式
券
他

(3,392)670

14,137

6,310

11,21914,825

3,605

7,156

9,800

2,643

70,731 (14,741)

8,371

77,5336,802

85,47389,464

3,991

62,35965,572

3,213

24,680(4,758)(6,491)

24,846165

29,43829,51576

31,171

31,22049

38,204(6,551)

14,281

38,527322

44,75645,064308

23,92324,443

519

Others7,845 (3,432)
581
14,1596,313 11,278
14,883
3,605
7,264
9,908
2,643
の
(Note) "Other securities" are valued at market price.Consequentry, figures in the above table show the differences between the acquisition
cost and the balance sheet amount.
(注)「その他有価証券」については時価評価しておりますので、上記の表上は貸借対照表計上額と取得原価との差額を計上しております。

【Ashikaga Holdings Co., Ltd. (Consolidated basis)】(Millions of yen）

As of Sep. 30, 2016

As of Mar. 31, 2016
Unrealized valuation gains(losses)

Unrealized valuation gains (losses)(A)
Held-tomaturity
Bonds
OthersOther(available-forsale)
Stocks
Bonds
Others
Total
Stocks
Bonds

(A-B)

(A-C)

Valuation
gains

Valuation
losses(B)

As of Sep. 30, 2015
Unrealized valuation gains(losses)

Valuation
gains

Valuation
losses(C)

Valuation
gains

Valuation
losses

満期保有目
的
債
券
そ の 他

13,755

(84)

3,656

13,767

12

13,84013,840－10,09910,099－13,736

(44)

3,745

13,746

9

13,781

13,781

－

9,991

9,991

－

18

(39)

(88)

21

2

58

58

－

107

107

－

そ の 他
有 価 証 券53,681 (14,543)

4,821

61,578

7,896

68,22572,8254,600

48,86052,596

3,736

株
債
そ
合
株
債
そ

21,386(4,644)(6,385)22,658

1,272

26,03026,717686

27,771

28,343572

24,468(6,506)

10,53624,781313

30,97431,283308

13,932

14,451

519

7,826

の

式
券
他
計
式
券
他

(3,392)670

14,137

6,310

11,21914,825

3,605

7,156

9,800

2,643

67,436 (14,628)

8,477

75,346

7,909

82,06586,666

4,600

58,95962,695

3,736

21,386(4,644)(6,385)22,658

1,272

26,03026,717686

27,771

28,343572

38,204(6,551)

14,281

38,527322

44,75645,064308

23,92324,443

519

Others7,845 (3,432)
581
14,1596,313 11,278
14,883
3,605
7,264
9,908
2,643
の
(Note) "Other securities" are valued at market price.Consequentry, figures in the above table show the differences between the acquisition
cost and the balance sheet amount.
(注)「その他有価証券」については時価評価しておりますので、上記の表上は貸借対照表計上額と取得原価との差額を計上しております。

－13－

8. Capital Adequacy Ratio （Domestic standard）【Ashikaga Holdings Co., Ltd. (Consolidated basis)】(Millions of yen）

As of Sep.30,
2016 (A)①Capital adequacy ratio ④÷⑤ 自(A)-(B)(A)-(C)As of Mar.31,
2016

(B)

As of Sep.
30, 2015

(C)

率

8.88%

0.27%

0.21%

8.61%

8.67%

②Basic Core capital

コア資本に係る基礎項目

352,493

10,505

14,259341,988338,234③Adjustment Core capital

コア資本に係る調整項目

77,078(2,854)(4,812)

79,93281,890④Capital ②－③

自額

275,415

13,35919,072

262,056

256,343⑤Risk-weighted assets

リ ス ク ・ ア セ ッ ト 等

3,101,499

59,851

147,5223,041,648

2,953,977⑥Total required capital

総 所 要 自 己 資 本 額

124,059

2,394

5,900

121,665

118,159

己

己

資

資

本

本

比

の

【The Ashikaga Bank, Ltd.(Non-Consolidated basis)】①Capital adequacy ratio ④÷⑤ 自(Millions of yen）

As of Sep.30,
2016 (A)(A)-(B)(A)-(C)As of Mar.31,
2016

(B)

As of Sep.
30, 2015

(C)

率

8.93%

0.26%

0.01%

8.67%

8.92%

②Basic Core capital

コア資本に係る基礎項目

284,459

14,101

16,939270,358

267,520③Adjustment Core capital

コア資本に係る調整項目

4,610

338

2,599

4,272

2,011

④Capital ②－③

自額

279,848

13,762

14,339266,086

265,509⑤Risk-weighted assets

リ ス ク ・ ア セ ッ ト 等

3,132,193

64,762

157,410

3,067,431

2,974,783⑥Total required capital

総 所 要 自 己 資 本 額

125,287

2,590

6,296

122,697

118,991

己

己

資

資

本

本

比

の

(Note) ・Ashikaga Holdings Co., Ltd. and the Ashikaga Bank, Ltd. calculated each risk-weighted assets according to the Standardised Approach.
・Ashikaga Holdings Co., Ltd. and the Ashikaga Bank, Ltd. calculated each operational risk equivalent according to TSA (the standardized
approach) except at the end of Sep. 30, 2015, at which BIA (basic indicator approach) is adopted.
(注)

自己資本比率の算定にあたっては、以下の手法を採用しております。
・信用リスクに関する手法：標準的手法
・オペレーショナル・リスクに関する手法：粗利益配分法（27年9月末は基礎的手法を採用し算出しております）－14－

Ⅲ Status of Loans
1. Risk-monitored Loans(Note) ・The ammounts of Risk-monitored loans are presented after partial direct write-off.
・Accrued interest for non-performing loans classified according to the self-assessment guidelines is not recognized.
(注)・部分直接償却：実施しております。
・未収利息不計上基準：自己査定の結果、破綻懸念先以下に区分した債務者に対する未収利息は、全額不計上としております。

【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(1)Risk-monitored loans(Japanese)

Loans to bankrupt borrowers
Non-accrual delinquent loans
Loans past due for 3 months or more
Restructured loans
Total risk-monitored loans

破

綻

先

延

滞

債
債

権

額

権

額

貸出条件緩和債権額
合

計

部分直接償却実施額

Total loans (Term-end balance)

貸 出 金 残 高 （ 末 残 ）(2)Ratio of Risk-monitored loans to total loans

破

綻

先

延

滞

債
債

権

額

権

額

貸出条件緩和債権額
合計【Ashikaga Holdings Co., Ltd. (Consolidated basis)】(1)Risk-monitored loans

綻

先

延

滞

債
債

権

額

権

額

(A)
2,190
69,728－17,16889,086
10,9894,221,375

3ヶ月以上延滞債権額
貸出条件緩和債権額
合計

Amount of partial direct write-off executed

部分直接償却実施額

Total loans (Term-end balance)

貸 出 金 残 高 （ 末 残 ）(2)Ratio of Risk-monitored loans to total loans
Item
綻

延

滞

先

債
債

権

額

権

額

3ヶ月以上延滞債権額
貸出条件緩和債権額
合

(B)
1,616
69,210－20,34091,1689,548
4,274,437

(C)
1,571
75,333
5
17,51094,4207,942
4,204,562

(A-B)
0.02
0.00
－
(0.07)(0.06)(A-C)
0.02(0.18)
0.00(0.01)(0.17)

As of Mar. 31, As of Sep. 30,
2016
2015

(B)
0.03
1.61
－
0.47
2.13

(C)
0.03
1.79
0.00
0.41
2.24

(A-B)
485
(186)
－
(3,172)(2,873)(353)(13,799)(A-C)
498(6,554)(5)(341)(6,402)962
55,752As of Mar. 31, As of Sep. 30,
2016
2015

(B)
1,704
69,914－
20,34091,95911,3424,235,174

(C)
1,691
76,282
5
17,51095,48910,027
4,165,622(％）

As of Sep. 30,
2016(Japanese)
破

(A-C)
571
(6,348)(5)(341)(6,124)
1,479
56,112(Millions of yen）
As of Sep. 30,
2016(Japanese)

Loans to bankrupt borrowers
Non-accrual delinquent loans
Loans past due for 3 months or more
Restructured loans
Total risk-monitored loans

(A)
0.05
1.61
－
0.40
2.07

3ヶ月以上延滞債権額

破

(A-B)
526
(226)
－
(3,172)(2,872)(127)(13,763)

As of Mar. 31, As of Sep. 30,
2016
2015

(％）
As of Sep. 30,
2016(Japanese)

Loans to bankrupt borrowers
Non-accrual delinquent loans
Loans past due for 3 months or more
Restructured loans
Total risk-monitored loans

(A)
2,143
68,984－
17,16888,2959,421
4,260,674

3ヶ月以上延滞債権額

Amount of partial direct write-off executed

Loans to bankrupt borrowers
Non-accrual delinquent loans
Loans past due for 3 months or more
Restructured loans
Total risk-monitored loans(Millions of yen）
As of Sep. 30,
2016

計

－15－

(A)
0.05
1.65
－
0.40
2.11

(A-B)
0.01
0.00
－
(0.08)(0.06)(A-C)
0.01(0.18)
0.00(0.02)(0.18)

As of Mar. 31, As of Sep. 30,
2016
2015

(B)
0.04
1.65
－
0.48
2.17

(C)
0.04
1.83
0.00
0.42
2.29

2. Allowance for Loan Losses【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen）
As of Sep. 30,
2016(Japanese)

Allowance for loan losses

貸

倒

引

当

(A)
32,834
16,755
16,079－

金

General allowance for loan losses

一 般 貸 倒 引 当 金Specific allowance for loan losses

個 別 貸 倒 引 当 金

Allowance for specific foreign debtors

特定海外債権引当勘定

(A-B)
(494)
(1,239)
744
－

(A-C)
(3,276)(171)(3,105)－【Ashikaga Holdings Co., Ltd. (Consolidated basis)】

Allowance for loan losses(A)
38,581
18,757
19,824－貸 倒 引 当 金 合 計General allowance for loan losses

一 般 貸 倒 引 当 金Specific allowance for loan losses

個 別 貸 倒 引 当 金

Allowance for specific foreign debtors

特定海外債権引当勘定(B)33,32817,994
15,334－(C)
36,111
16,92619,185－(Millions of yen）
As of Sep. 30,
2016(Japanese)

As of Mar. 31, As of Sep. 30,
2016
2015

(A-B)
(2,097)(1,249)
(847)
－

(A-C)
(5,593)(305)(5,287)－

As of Mar. 31, As of Sep. 30,
2016
2015

(B)
40,67920,007
20,671－(C)
44,175
19,06325,112－

3. Ratio to Reserve for Total Risk-monitored Loans【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Japanese)

Before partial direct write-off
After partial direct write-off(％）
As of Sep. 30,
2016

(A)
43.51
37.16

部 分 直 接 償 却 前
部 分 直 接 償 却 後

(A-B)
0.67
0.64

(A-C)
0.19
(1.05)

As of Mar. 31, As of Sep. 30,
2016
2015

(B)
42.84
36.52

【Ashikaga Holdings Co., Ltd. (Consolidated basis)】

Before partial direct write-off
After partial direct write-off(％）
As of Sep. 30,
2016(Japanese)

(C)
43.32
38.21

部 分 直 接 償 却 前
部 分 直 接 償 却 後

－16－

(A)
49.83
43.28

(A-B)
(0.84)(0.92)(A-C)(1.87)(2.94)

As of Mar. 31, As of Sep. 30,
2016
2015

(B)
50.67
44.20

(C)
51.70
46.22

4. Disclosed Claims under the Financial Revitalization Law【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Japanese)
Bankrupt and substantiallybankrupt claims

Doubtful claims
Claims requiring supervision
Subtotal
Normal claims
Total

Ratio of disclosed claims towards thebalance of Loans(A)

破 産 更 生 債 権 及 び
こ れ ら に 準 ず る 債 権
危
険
債
権
要
管
理
債
権
小
計
正
常
債
権

Ratio of disclosed claims towards thebalance of Loans

(A-C)

(B)

(C)

1,109

738

4,975

5,346

計

65,491
17,16888,744
4,257,404
4,346,149(661)(3,172)(2,724)(4,749)(7,473)(6,572)(347)(6,181)
77,28071,09966,152
20,34091,4694,262,153
4,353,623

72,063
17,51594,926
4,180,123
4,275,049

貸出金残高に占める比率

2.04%(0.06%)(0.18%)

2.10%

2.22%

合

(Millions of yen）
As of Sep. 30,
2016(Japanese)

Doubtful claims
Claims requiring supervision
Subtotal
Normal claims
Total

(A-B)

As of Mar. 31, As of Sep. 30,
2016
2015

6,085

【Ashikaga Holdings Co., Ltd. (Consolidated basis)】

Bankrupt and substantiallybankrupt claims(Millions of yen）
As of Sep. 30,
2016

(A)

破 産 更 生 債 権 及 び
こ れ ら に 準 ず る 債 権
危
険
債
権

(A-B)

(A-C)

As of Mar. 31, As of Sep. 30,
2016
2015

(B)

(C)

6,879

1,090

429

5,789

6,450

権
計
権
計

65,604
17,16889,6524,220,148
4,309,800(657)(3,172)(2,739)(4,931)(7,670)(6,576)(347)(6,493)77,31670,823

66,261
20,34092,3914,225,079
4,317,471

72,18017,51596,146
4,142,831
4,238,977

貸出金残高に占める比率

2.08%(0.05%)(0.18%)

2.13%

2.26%

要
小
正
合

管

理

常

債
債

5. Status of Coverage on Disclosed Claims under the Financial Revitalization Law【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Japanese)(Millions of yen）
As of Sep. 30,
2016

②
金
等

Total disclosed claims under
the Financial Revitalization Law ①(A)
68,19919,332
48,867(A-B)(1,036)440(1,477)(A-C)(6,785)(2,974)(3,811)

金融再生法開示債権残高①

88,744(2,724)

Coverage ratio ②／①

保

76.84

1.15

Coverage amount ②
Portion covered by allowance
Reserve for specific debtors

保
貸
担

全
額
倒
引
当
保
保
証

全

率

②

／

①

As of Mar. 31, As of Sep. 30,
2016
2015

(B)
69,236
18,891
50,344(C)
74,98522,30752,678(6,181)

91,46994,926(2.15)

75.69

78.99

（Reference） Breakdown of Disclosed claims under the Financial Revitalizations Law （As of Sep. 30, 2016）
Bankrupt
andsubstantiallybankrupt
claims(Millions of yen）

Doubtful
claimsClaimsrequiringsupervision

破産更正債
権及びこれら 危 険 債 権 要 管 理 債 権 合に準ずる債権Total claims outstanding
Collateral and guarantees
Non-covered amount
Allowance for loan losses
Coverage amount
Allowance ratio
Coverage ratio

与

信

残

高①

担 保 保 証 等 保 全 額②
非保
全額 ③=①-②
貸
倒
引
当
金④
保
全
額 ⑤=②+④
引
当
率 ④／③
保
全
率 ⑤／①

－17－

6,085
4,129
1,956
1,956
6,085
100.00%100.00%65,491
38,287
27,203
14,16252,45052.06%
80.08%

17,1686,450
10,7173,213
9,664
29.98%
56.29%

Total

計88,744
48,86739,877
19,332
68,19948.47%
76.84%

6. Loan Portfolio(1) Classification of loans by type of industry【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen）
As of Sep. 30,
2016(Japanese)(A)
4,260,674
494,759
10,636454
4,061
145,565
42,406
19,355
105,951
400,924
180,544
492,102
303,415
451,195
1,609,295

Total
合
計
Manufacturing
製
造業
Agriculture / Forestry
農
業
、
林
業
Fishery
漁業
Mining / Quarrying of stone / Gravel 鉱業、採石業、砂利採取業
Construction
建設業
Electricity, gas and water
電気・ガス・熱供給・水道業
Telecommunication
情
報
通
信
業
Transportation / Postal activities 運 輸 業 、 郵 便 業
Wholesale / Retail services
卸 売 業 、 小 売 業
Financial and insurance services 金 融 業 、 保 険 業
Real estate / Goods rental and leasing 不 動 産 業 、 物 品 賃 貸 業

Medical ,welfare and other services 医 療 ・ 福 祉 サ ー ビ ス 業
Government / Local government
国 ・ 地 方 公 共 団 体
Othersその他(A-B)(13,763)(5,394)(853)(60)(1,413)(4,194)
(739)
(932)
3,164
5,167
(3,802)
8,618(3,857)(53,625)
44,156(A-C)
56,112(9,049)(356)(83)(1,584)3,250
1,181(19,969)
4,354
5,501
(15,208)
22,396
2,486(28,696)
91,890(2) Classification of risk-monitored loans by type of industry【The Ashikaga Bank, Ltd. (Non-consolidated basis)】

Total
合
計
Manufacturing
製
造業
Agriculture / Forestry
農
業
、
林
業
Fishery
漁業
Mining / Quarrying of stone / Gravel 鉱業、採石業、砂利採取業
Construction
建設業
Electricity, gas and water
電気・ガス・熱供給・水道業
Telecommunication
情
報
通
信
業
Transportation / Postal activities 運 輸 業 、 郵 便 業
Wholesale / Retail services
卸 売 業 、 小 売 業
Financial and insurance services 金 融 業 、 保 険 業
Real estate / Goods rental and leasing 不 動 産 業 、 物 品 賃 貸 業

Medical ,welfare and other services 医 療 ・ 福 祉 サ ー ビ ス 業
Government / Local government
国 ・ 地 方 公 共 団 体
Others
そ
の
他

－18－

(B)
4,274,437
500,153
11,489514
5,474
149,759
43,14520,287102,787395,757
184,346
483,484
307,272
504,820
1,565,139(C)
4,204,562
503,808
10,992
537
5,645
142,315
41,22539,324
101,597
395,423
195,752
469,706
300,929
479,891
1,517,405(Millions of yen）

As of Sep. 30,
2016(Japanese)

As of Mar. 31, As of Sep. 30,
2016
2015

(A)
88,295
26,586
227
－
－
5,202
2
319
2,746
17,46891
10,844
11,266－
13,540(A-B)(2,872)(1,376)
(104)
－
－
(572)
2
(162)
(234)
2
(1)
(875)
356
－
91

(A-C)
(6,124)
1,929
14
－
(52)
(1,139)
0
(310)
(338)
(1,547)3(1,316)(3,862)－493

As of Mar. 31, As of Sep. 30,
2016
2015

(B)
91,16827,963
331
－
－
5,774
－
481
2,981
17,46592
11,71910,909－13,448(C)
94,42024,657
213
－
52
6,341
2
629
3,084
19,01588
12,16015,128－13,046

(3) Consumer loans【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen）
As of Sep. 30,
2016(Japanese)

Consumer loans
Of which, housing loans
Of which, other loans(A)
1,742,201
1,690,664
51,537

消 費 者 ロ ー ン 残 高
うち、住宅ローン残高
うち、その他ローン残高(A-B)
47,725
43,136
4,589(A-C)
101,281
92,6798,602

As of Mar. 31, As of Sep. 30,
2016
2015

(B)
1,694,476
1,647,528
46,948(4) Loans to small-and-medium-sized enterprises【The Ashikaga Bank, Ltd. (Non-consolidated basis)】

Loans to small and medium-sizedenterprises
Ratio of small and medium-sizedenterprises loans(C)
1,640,920
1,597,985
42,935(Millions of yen）

(Japanese)

As of Sep. 30,
2016

中小企業等貸出残高
中小企業等貸出比率

(A)

(A-B)

(A-C)

3,255,938

49,95776.41%

1.41%

As of Mar. 31, As of Sep. 30,
2016
2015

(B)

(C)

134,432

3,205,981

3,121,506

2.17%

75.00%

74.24%

7. Loans to Entities Overseas by Country【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(1) Specific overseas loans
Not applicable(2) Loans to Asian Countries(Millions of yen）
As of Sep. 30,
2016(Japanese)

China(Of which, risk-monitored loans)
Total(Of which, risk-monitored loans)

中

(A)
1,137
－
1,137
－

国

（うちリスク管理債権）
合

計（うちリスク管理債権）

(A-B)
641
－
641
－

(A-C)
657
－
657
－

As of Mar. 31, As of Sep. 30,
2016
2015

(B)

495
－
495
－

(C)

479
－
479
－

(3) Loans to Latin American Countries
Not applicable(4) Loans to Russia
Not applicable

8. Outstanding Balance of Deposits and Loans【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen）
As of Sep. 30,
2016(Japanese)

Deposits (Term-end balance)
Deposits (Average balance)

預
預

金

（

末

残

）

金

（

平

残

）

Loans and bills discounted (Term-end balance) 貸

出 金 （ 末 残 ）Loans and bills discounted (Average balance) 貸

出 金 （ 平 残 ）

－19－

(A)
5,170,677
5,150,474
4,260,674
4,219,349(A-B)(53,884)
107,461(13,763)
46,280(A-C)
112,559
122,499
56,11273,989As of Mar. 31, As of Sep. 30,
2016
2015

(B)
5,224,561
5,043,012
4,274,437
4,173,068(C)
5,058,117
5,027,975
4,204,562
4,145,359