November 14, 2011
Sony Financial Holdings Inc.

Summary Information on Sony Bank’s Financial Results
for the Six Months Ended September 30, 2011
<Contents>(1) Consolidated Balance Sheets

P.2(2) Consolidated Statements of Income and Consolidated Statements ofP.3

Comprehensive Income(3) Fair Value Information (Consolidated)

P.4(4) Non-consolidated Balance Sheets

P.5(5) Non-consolidated Statements of Income

P.6(6) Supplementary Information

P.7

1. Interest spread (Non-consolidated)

P.7

2. Balance of customer assets and number of accounts (Non-consolidated)

P.7

3. Deposits and loans (Non-consolidated)

P.7

4. Balance of time deposits by remaining period (Non-consolidated)

P.8

5. Balance of securities by ratings (Non-consolidated)

P.8

6. Loans by Borrower Category (Non-consolidated)

P.8

7. General and administrative expenses (Non-consolidated)

P.9

8. Number of executives and employees (Non-consolidated)

P.9

9. Non-consolidated Capital Adequacy Ratio (Domestic Criteria)

P.9

10. Consolidated Capital Adequacy Ratio (Domestic Criteria)

P.91(1) Consolidated Balance Sheets(Millions of yen)
As of March 31, 2011

As of September 30, 2011

Assets:Cash and due from banks

47,26547,579Call loans and bills bought

10,00010,000

Monetary trusts

14,26014,261

Securities

935,121887,802Loans

722,996776,530

Foreign exchanges

8,432

7,109

Other assets

15,92823,382

Tangible fixed assets

787

1,384

Intangible fixed assets

3,197

5,083

Deferred tax assets

2,199

3,451

Customers' liabilities for acceptances and guarantees

1,000

1,000

Allowance for loan losses(1,121)(1,680)1,760,070

1,775,905

1,647,751

1,644,316

Call money and bills sold

10,00010,000Borrowed money

2,000

2,000

Foreign exchanges

1710

40,21359,041

Reserve for employees' bonuses

464

312

Reserve for employees' retirement benefits

390

435

Reserve for directors' retirement benefits

78

86

Provision for point card certificates-80

Reserve under specific law

45

Deferred tax liabilities

10

1,000

1,000

1,701,921

1,717,289

Common stock

31,00031,000Capital surplus

21,00021,000Retained earnings

7,464

8,367

Total shareholders' equity
Net unrealized gains (losses) onother securities, net of taxes
Net deferred losses on
hedging instruments, net of taxes
Total accumulated other comprehensive income

59,46460,367426(421)(1,742)(2,615)(1,315)(3,036)

Minority Interest-1,285

Total Net Assets

58,14858,616

1,760,070

1,775,905

Total Assets
Liabilities:
Deposits

Other liabilities

Acceptances and guarantees
Total Liabilities
Net Assets:

Total Liabilities and Net Assets2(2) Consolidated Statements of Income and Consolidated Statements ofComprehensive Income
1. Consolidated Statements of Income(Millions of yen)
For the six months ended For the six months ended
September 30, 2010
September 30, 2011
Ordinary Revenues

15,47815,994

Interest income

11,785

12,257(Interest income on loans)

6,090

6,537

(Interest income and dividends on securities)

5,615

5,696

Fees and commissions

977

1,973

Other operating income

2,694

1,725

Other ordinary income

2037

Ordinary Expenses

14,012

13,838Interest expenses

5,475

4,424

(Interest expenses on deposits)

4,427

3,463

Fees and commissions

1,037

1,151

Other operating expenses

639

302

6,534

7,580

324

379

1,466

2,155

11248

General and administrative expenses
Other ordinary expenses
Ordinary Profit
Extraordinary Losses
Losses on disposal of tangible fixed assets-0

Impairment losses-247

Cumulative effect on application of accounting standard
for asset retirement obligations
Income Before Income Taxes

11-

1,454

1,906

Income Taxes -current

696

1,081

Income Taxes -deferred

93(116)

Total Income Taxes

789

965

Income Before Minority Interests

665

941

Minority Interests-Net Income

665

38902

2. Consolidated Statements of Comprehensive Income(Millions of yen)
For the six months ended For the six months ended
September 30, 2010
September 30, 2011
Income Before Minority Interests

665

941

Net unrealized losses on other securities, net of taxes

293

(847)

Net deferred losses on hedging instruments, net of taxes(1,856)(872)

Total other comprehensive income(1,562)(1,720)

(897)

(779)

Comprehensive Income attributable to parent company

(897)

(818)

Comprehensive Income attributable to minority interests-38

Other Comprehensive Income

Comprehensive Income(Details)3(3) Fair Value Information (Consolidated)
1. Fair value information on securities
i) Held-to-maturity bonds (As of September 30, 2011)(Millions of yen)Held-to-maturity bonds of which fair value exceeds
balance sheet amountJapanese government bonds
Japanese corporate bonds
Subtotal

Balance sheet amount

Fair value

Difference

13,934
1,543
15,482

14,567
1,568
16,135628
25
653

15,482

16,135653

Held-to-maturity bonds of which fair value does not exceedbalance sheet amountJapanese government bonds
Japanese corporate bonds
Subtotal
Totalii) Available-for-sale securities (As of September 30, 2011)(Millions of yen)

Available-for-sale securities of which balance sheet amountexceeds acquisition cost
Bond
Japanese government bonds
Japanese municipal bonds
Japanese corporate bonds
Other
Foreign bonds
OthersSubtotal

Balance sheet
amountAcquisition cost

Difference

432,581
129,843
21,723
281,014
171,429
169,1322,296
604,011

428,491
127,493
21,520279,477
167,334
165,0482,286
595,825

4,090
2,350
202
1,536
4,095
4,084
10
8,185

93,777
68,99995,14570,226(1,367)(1,226)(140)(3,714)(2,592)(1,122)(5,082)
3,102

Available-for-sale securities of which balance sheet amountdose not exceed acquisition cost
BondJapanese government bonds
Japanese municipal bonds
Japanese corporate bonds
OtherForeign bonds
OthersSubtotalTotal--

24,778
174,531
168,608
5,923
268,309872,320

24,918178,246
171,200
7,045
273,391869,217

2. Fair value information on monetary trustsi) Other monetary trusts (As of September 30, 2011)(Millions of yen)
Balance sheet
amountAcquisition
cost

Difference

Of which,balance sheet amountexceeds acquisition cost

14,261
14,261Other monetary trusts
Note: “Difference” consists of “Of which, balance sheet amount exceeds acquisition cost” and “Of which,balance sheet amount does not exceed acquisition cost.

4-Of which,balance sheet amountdose not exceedacquisition cost-(4) Non-consolidated Balance Sheets(Millions of yen)
As of
As of
September 30, 2010 September 30, 2011
(A)
(B)

As of
March 31, 2011
(C)

Change(B-A)

Change(B-C)

Assets:Cash and due from banks

56,37944,139(12,239)

46,498(2,358)Call loans

15,00010,000(5,000)10,000-

Monetary trusts

11,53012,7401,210

12,740-

Securities

958,316894,853(63,462)

940,121(45,267)

Loans

636,440

776,173

139,732

722,452

53,720Foreign exchanges

4,373

7,109

2,736

8,432

(1,323)

Other assets

14,09318,0283,934

15,8302,197

Tangible fixed assets

814

906

92

778

128

Intangible fixed assets

2,735

2,717

(17)

2,897

(179)

Deferred tax assets

2,058

3,296

1,237

2,199

1,096

-

1,000

1,000

1,000-(1,017)(1,680)(663)(1,121)(559)

1,700,723

1,769,284

68,5601,761,830

7,454

Deposits

1,584,836

1,645,223

60,386Call money

10,00010,000Borrowed money

2,000

Foreign exchanges

31

Customers' liabilities for acceptances andguarantees
Allowance for loan losses
Total Assets
Liabilities:

Other liabilities

1,649,106(3,882)-

10,000-2,000-

2,000-

10(21)

17(7)44,89550,651

5,755

38,82911,822

Reserve for employees' bonuses

225

247

22437

(190)

Reserve for employees' retirement benefits

343

435

91

390

45

Reserve for directors' retirement benefits

71

86

1578

8-80

80

-80

Provision for point card certificates
Acceptances and guarantees-

1,000

1,000

1,000-

1,642,404

1,709,735

67,331

1,701,859

7,876

Common stock

31,00031,000-31,000-Capital surplus

21,00021,000-21,000-Retained earnings

8,125

10,585

2,460

9,287

1,298

Total shareholders' equity

60,12562,5852,460

61,287

1,298

1,194(421)(1,615)

426

(847)

(2,999)(2,615)384(1,742)(872)(1,805)(3,036)(1,230)(1,315)(1,720)Total Liabilities
Net Assets:

Net unrealized gains (losses) on othersecurities, net of taxes
Net deferred losses on hedging instruments,
net of taxes
Total valuation and translation adjustments
Total Net Assets
Total Liabilities and Net Assets

58,31959,5481,229

59,971(422)

1,700,723

1,769,284

68,5601,761,830

7,454

5

(5) Non-consolidated Statements of Income(Millions of yen)
For the six months ended
September 30, 2010
(A)

For the six months ended
September 30, 2011
(B)

Ordinary Revenues

15,465

15,165(299)

29,521

Interest income

11,77812,251

472

23,652(Interest income on loans)

6,084

6,531

447

12,431(Interest income and dividends on securities)

5,615

5,696

80

11,113

Fees and commissions

955

1,138

183

1,935

Other operating income

2,694

1,725(969)3,869(Gains on foreign exchange transactions)

1,790

908(882)

2,677

3650

14

63

Ordinary Expenses

13,772

12,965(807)

26,144

Interest expenses

5,474

4,409

(1,065)

10,445(Interest expenses on deposits)

4,427

3,463(963)8,402Fees and commissions

1,028

1,058

30

2,099

639

302(336)

480

6,313

6,816

503

12,603

Other ordinary income

Other operating expenses
General and administrative expenses
Other ordinary expenses
Ordinary Profit
Extraordinary Losses
Cumulative effect on application of accounting
standard for asset retirement obligations
Income Before Income Taxes(Reference)
For the year ended
March 31, 2011

Change
(B-A)

317

378

61

515

1,692

2,200

507

3,377

-

(10)

10-

(10)

10

10
1,681

2,200

518

3,366

Income Taxes -current

695

1,015

319

1,620

Income Taxes -deferred

93(113)

(206)

(308)

Total Income Taxes

789

902

113

1,311

Net Income892

1,298

405

2,054

(Reference) Non-consolidated Statements of Income for the three months ended September 30, 2011
(Millions of yen)
For the three months ended For the three months ended
September 30, 2010
September 30, 2011
(A)
(B)

Change(B-A)

Ordinary Revenues

7,833

7,724

Interest income

5,887

6,131

243

(Interest income on loans)

3,046

3,291

244

(Interest income and dividends on securities)

(108)

2,818

2,825

7

Fees and commissions

417

583

165

Other operating income

1,507

989(518)(Gains on foreign exchange transactions)

755

502

(252)

Other ordinary income

20210

Ordinary Expenses

6,889

6,629(259)Interest expenses

2,754

2,149(605)(Interest expenses on deposits)

(553)

2,233

1,679

Fees and commissions

555

567

12

Other operating expenses

282

143

(139)

3,148

3,459

311

148

309

160

Ordinary Profit

943

1,095

151

Income Before Income Taxes

943

1,095151

Income Taxes -current

486

632

146

Income Taxes -deferred

(61)

(179)

(117)

Total Income Taxes

424

452

28

Net Income519

642

122

General and administrative expenses
Other ordinary expenses

6(6) Supplementary Information
1. Interest spread (Non-consolidated)
For the six months endedSeptember 30, 2010
1.45
Yield on investment ①2.00
Yield on loans
1.21
Yield on securities
2.72
Yield on monetary claims purchased
1.52
Financing cost
②0.70
Yield on financing ③0.57
Yield on deposits*0.51
Yield on external liabilities
0.82
Expense ratio
0.74①－③
Interest spread(0.07)
Overall profit margin ①－②(%)
For the six months ended
September 30, 2011
1.40
1.74
1.21
1.34
0.52
0.41
0.51
0.81
0.87
0.05

Note: External liabilities are equal to a total of call money and borrowed money

2. Balance of customer assets and number of accounts (Non-consolidated)
As of September 30, 2010

Customer assets
Number of accounts

As of September 30, 2011

1,683,657 millions of yen
828 thousand

1,743,731 millions of yen
881 thousand

Note: Customer assets are the sum of deposits and investment trusts.

3. Deposits and loans (Non-consolidated)
For the six months ended September 30, 2010

Deposits
Yen deposits
Ordinary deposits
Time deposits
Foreign currency deposits
Ordinary deposits
Time deposits
Loans
Mortgage loans
Other(Millions of yen, %)For the six months ended September 30, 2011

Balanceat the end

Averagebalance

Yield

Balanceat the end

Averagebalance

1,584,836
1,241,738
277,526
964,198
343,098
150,083
193,014
636,440
581,344
55,096

1,534,860
1,202,769
275,626
927,111332,090
142,402
189,679
603,958
564,41139,546

0.57
0.47
0.01
0.60
0.94
0.19
1.51
2.00
1.99
2.28

1,645,223
1,284,345
312,223
972,110360,878
171,215
189,663776,173
697,894
78,278

1,658,823
1,293,807
322,074
971,705
365,015
166,296
198,707
747,375
676,020
71,355

Yield

0.41
0.27
0.01
0.36
0.90
0.17
1.52
1.74
1.76
1.56

Note: The average balance of foreign currency deposits during the term is calculated as the average during the period of the yen equivalentvalue of each day’s foreign currency deposit balance.

74. Balance of time deposits by remaining period (Non-consolidated)

Remaining periodLess than 3 months
3 months or more, less than 6 months
6 months or more, less than 1 year
1 year or more, less than 2 years
2 years or more, less than 3 years
3 years or more

Total

As of September 30, 2010
ForeignYen
Total
currency
402,290274,837
127,452
287,60835,357
322,965
330,627
308,174
22,452
17,327
3,498
20,825
4,252
13,352
9,100
28,6982
28,700925,746
1,118,761
193,014(Millions of yen)
As of September 30, 2011
ForeignYen
Total
currency
157,053
55,154
101,899
485,354
46,899532,253
305,476
28,751
334,227
24,8398,438
33,2788,993
3,460
12,45345,263213
45,477925,081
189,663
1,114,744

Note: The table above does not include thrift saving deposits.

5. Balance of securities by ratings (Non-consolidated)

Ratings
AAAAAABBB
Less than BBB
Unrated
Total

As of September 30, 2010
BalanceComposition
570,706
59.6
22.4
214,872
145,71015.2
13,618
1.4
13,4091.4
958,316100.0(Millions of yen, %)As of September 30, 2011
Composition
Balance49.4
441,71727.1
242,463
19.4
174,160
21,241
2.4
15,2701.7
894,853
100.0

Notes: 1. Credit rating classifications are based on the standardized approach for risk weighting applicable underthe bank capital requirements, commonly referred to as Basel II. The external credit ratings used inapplying the standardized approach to risk weighting for these purposes are the rating assigned by thefollowing rating agencies: Moody's Investors Service, Inc., Standard & Poor's, Rating and Investment
Information, Inc., Japan Credit Rating Agency, Ltd. and Fitch Ratings Ltd.
2. The unrated item on the above table includes ￥8,219 million of investments in unrated investment trustsand ￥7,050 million of investments in shares of a subsidiary.

6. Loans by Borrower Category (Non-consolidated)

Category
Bankrupt and quasi-bankrupt loans
Doubtful loans
Sub-standard loans
Normal loans
Total

As of September 30, 2010
Amount
673
710
1,021
642,196644,603

8(Millions of yen)
As of September 30, 2011
Amount
924
742
2,163
784,814788,646

7. General and administrative expenses (Non-consolidated)
For the six months ended
September 30, 2010
Amount
1,339
4,705
610
268
6,313

Personnel expenses
Non-personnel expenses
Depreciation and amortization
Taxes
Total%
21.2
74.5
9.7
4.3
100.0

(Millions of yen, %)For the six months ended
September 30, 2011
Amount
1,530
5,003
631
281
6,816%
22.5
73.4
9.3
4.1
100.0

8. Number of executives and employees (Non-consolidated)

Executive management
Directors
Statutory auditors
Employees(Persons)
As of September 30, 2011
1183308

As of September 30, 2010
1183289

Notes:1.The number of directors include one outside director and the number of statutory auditors
include two non-executive statutory auditors.
2.The number of employees exclude temporary employees and subcontracted employees
seconded to Sony Bank.

9. Non-consolidated Capital Adequacy Ratio (Domestic Criteria)(Millions of yen, %)Capital AdequacyRatio

Total Capital

Tier I Ratio%%

Tier I Capital

Total Required
CapitalMillions of yen

Millions of yen

Millions of yen

As of September 30, 2011

10.52

10.07

65,43162,58524,857

As of September 30, 2010

11.76

11.30

62,60360,125

21,279As of March 31, 2011

10.84

10.41

63,871

61,28723,547

Notes: 1. The non-consolidated capital adequacy ratio (domestic criteria) was calculated based on the standard stipulated
in the FSA public ministerial announcement No.19 of 2006. The capital adequacy ratio adopted the special
exception of the standard mentioned above, in accordance with the FSA public ministerial announcement
no.79 of 2008.
2. Total required capital = risk-weighted assets × 4%

10. Consolidated Capital Adequacy Ratio (Domestic Criteria)(Millions of yen, %)Capital Adequacy
Ratio

Tier I Ratio

Total Capital%%

Tier I Capital

Total Required
CapitalMillions of yen

Millions of yen

Millions of yen

64,121

61,27424,963As of September 30, 201110.27

As of September 30, 2010

11.55

11.08

61,02558,547

21,131

As of March 31, 2011

10.6

10.16

62,04859,464

23,398

9.81

Notes: 1. The consolidated capital adequacy ratio (domestic criteria) was calculated based on the standard stipulated
in the FSA public ministerial announcement No.19 of 2006. The capital adequacy ratio adopted the special
exception of the standard mentioned above, in accordance with the FSA public ministerial announcement
no.79 of 2008.
2. Total required capital = risk-weighted assets × 4%

9