February 10, 2022

SURUGA bank, Ltd.
Consolidated financial results for the nine months ended December 31, 2021
<under Japanese GAAP>
Stock exchange listings: Tokyo (code: 8358)
URL:
https://www.surugabank.co.jp
Representative:
Kosuke Saga, President(Amounts and percentages are rounded down to the nearest million yen and first decimal places, respectively.)

1. Consolidated financial results for the nine months ended December 31, 2021
(1) Consolidated operating results(% represents the change from the same period in the previous fiscal year)

Ordinary income
Nine months ended
December 31, 2021
December 31, 2020

Millions of yen

69,22675,520

Profit attributableto owners of parent

Ordinary profit%

Millions of yen%

Millions of yen

%

(8.3)
(17.4)

13,951
16,040(13.0)(44.5)

9,584
9,416

1.7
(51.5)(Note) Comprehensive income: (a) Nine months ended December 31, 2021: ¥ 10,348 million [(9.9) %](b) Nine months ended December 31, 2020: ¥ 11,489 million [(24.1) %]Earnings per share(diluted)

Earnings per share

Nine months ended
December 31, 2021
December 31, 2020

yen

yen

41.36
40.65

-

(Note) Earnings per share for the nine months ended December 31, 2020 and 2021 are not provided because there are no potentially dilutive
shares.

(2) Consolidated financial position
Total assets
As ofDecember 31, 2021
March 31, 2021

Total net assets

Net assets ratio

Millions of yen

Millions of yen

3,615,185
3,550,415

294,921285,770

%

8.1
8.0

(Reference) Shareholders’ equity: (a) As of December 31, 2021: ¥294,824 million; (b) As of March 31, 2021: ¥ 285,665 million(Note) Net assets ratio = (Total net assets - Non-controlling interests) / Total assets × 100
This ratio is not calculated based on the “Capital Adequacy Ratio Notification”.

2. Dividends on common stock
Dividends per share

1stquarter-end
Fiscal year
ended March 31, 2021
ending March 31, 2022
ending March 31, 2022 (forecast)

2nd
quarter-end

yen

-

3rd
quarter-end

yen

0.00
0.00

Fiscalyear-end

yen

yen

-

Total
yen

5.00

5.00

5.00

5.00

(Note) Revision of dividend forecast from the latest announcement: No

3. Consolidated earnings forecast for the fiscal year ending March 31, 2022(% represents the change from the previous fiscal year)

Ordinary income
Fiscal year ending
March 31, 2022

Millions of yen

87,000

Profit attributableto owners of parent

Ordinary profit% Millions of yen(12.8)

8,000(Note) Revision of earnings forecast from the latest announcement: No% Millions of yen(65.3)

7,000

Earnings per share%(67.3)

yen

30.21

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries that caused changes in the scope of
consolidation): No(2) Adoption of any particular accounting methods for quarterly consolidated financial statements: Yes
Note: For details, please refer to page 6 of the appendix “2. Consolidated financial statements and notes, (3) Notes regarding
consolidated financial statements, (Adoption of any particular accounting methods for quarterly consolidated financial
statements)”.
(3) Changes in accounting policies, changes in accounting estimates and restatements(A) Changes in accounting policies due to revision of accounting standards: Yes(B) Changes in accounting policies due to reasons other than (A): No(C) Changes in accounting estimates: Yes(D) Restatements: No(4) Number of issued shares (common stock)(A) Number of issued shares
As of Dec. 31, 2021
(including treasury shares):232,139,248 shares

As of Mar. 31, 2021

232,139,248 shares(B) Number of treasury shares:

As of Dec. 31, 2021

404,015 shares

As of Mar. 31, 2021

490,315 shares(C) Average number of shares:

Nine months ended
Dec. 31, 2021

231,687,731 shares

Nine months ended
Dec. 31, 2020

231,649,630 shares(Note1) This report is outside the scope of the external auditor’s quarterly review procedure.
(Note2) Explanation on appropriate use of forecast and other special items
The performance forecasts and other forward-looking statements in this report are based on information currently available to thecompany and on certain assumptions deemed to be reasonable, and are not intended to guarantee future performance. Actual
performance may differ materially depending on various factors.

Suruga bank, Ltd.

(Appendix)

Table of contents

1. Qualitative information on financial results.............................................................................................................. 2(1) Details of operating results .............................................................................................................................. 2(2) Details of financial position ............................................................................................................................. 2(3) Details of forecast information, including earnings forecast ......................................................................... 2
2. Consolidated financial statements and notes ............................................................................................................ 3(1) Consolidated balance sheets ............................................................................................................................ 3(2) Consolidated statements of income and Consolidated statements of comprehensive income .................................. 4(3) Notes regarding consolidated financial statements ........................................................................................ 6(Notes on going-concern assumption) ............................................................................................................ 6(Notes for material changes in shareholders’ equity) .................................................................................. 6(Adoption of any particular accounting methods for quarterly consolidated financial statements) .......... 6(Changes in accounting policies) .................................................................................................................... 6(Changes in accounting estimates) ................................................................................................................. 6(Additional information) ...............................................................................................................................6* Financial results for the nine months ended December 31, 2021 supplementary information ............................... 7－1－

Suruga bank, Ltd.

1. Qualitative information on financial results(1) Details of operating results
As for the consolidated operating results for the nine months ended December 31, 2021, ordinary income
decreased by ¥6.294 billion year-on-year to ¥69.226 billion. This was mainly due to a decline in interest income
reflecting the drop in interest on loans and bills discounted. Meanwhile, ordinary expenses decreased by ¥4.205
billion year-on-year to ¥55.275 billion. This was mainly due to a fall in provision for loan losses.
As a result, ordinary profit decreased by ¥2.089 billion year-on-year to ¥13.951 billion. Profit attributable toowners of parent increased by ¥0.168 billion year-on-year to ¥9.584 billion.

(2) Details of financial position
As for the consolidated major account balances as of December 31, 2021, loans and bills discounted came inat ¥2,226.288 billion, down by ¥93.272 billion from March 31, 2021. This was mainly due to a decrease(¥137.723 billion) in consumer loans (non-consolidated).
Securities amounted to ¥444.877 billion, rose by ¥177.531 billion from March 31, 2021.
Deposits amounted to ¥3,294.520 billion, rose by ¥48.580 billion from March 31, 2021, mainly due to anincrease (¥59.559 billion) in individual deposits.

(3) Details of forecast information, including earnings forecast
The earnings forecast for the fiscal year ending March 31, 2022 remains unchanged from that announced on
May 14, 2021.
Consolidated

Ordinary income
Ordinary profit
Profit attributable toowners of parent(Billions of yen)
Fiscal year ending
March 31, 2022
87.0
8.0
7.0

Non-consolidated

Ordinary income
Core net operating profit
Net operating profit
Ordinary profit
Net income(Billions of yen)
Fiscal year ending
March 31, 2022
78.0
23.0
23.0
7.0
6.0

Actual credit costs

16.0(Note) The performance forecasts and other forward-looking statements in this report are based on information
currently available to the company and on certain assumptions deemed to be reasonable, and are notintended to guarantee future performance. Actual performance may differ materially depending on
various factors.

－2－Suruga bank, Ltd.

2. Consolidated financial statements and notes(1) Consolidated balance sheets

AssetsCash and due from banks
Call loans and bills bought
Monetary claims bought
Trading securities
Money held in trust
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investment assets
Other assets
Property, plant and equipment
Intangible assets
Net defined benefit asset
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
Liabilities
Deposits
Foreign exchanges
Other liabilities
Provision for bonuses
Provision for bonuses for directors (and other officers)
Net defined benefit liability
Provision for share-based compensation
Provision for reimbursement of deposits
Provision for contingent loss
Deferred tax liabilities
Acceptances and guarantees
Total liabilities
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
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets－3－

As of Mar. 31, 2021

(Millions of yen)
As of Dec. 31, 2021

953,932
19,000103
99
267,346
2,319,560
3,324
5,507
49,08434,68920,43922,442
11,331
1,565(158,011)
3,550,415

919,681
29,9549299
444,877
2,226,288
2,957
5,016
49,48235,473
18,87723,082
11,0291,679(153,405)
3,615,185

3,245,940
5
14,754
492
41
272
183
305
89
994
1,565
3,264,644

3,294,520
13
22,178
17
284
210
219
89
1,050
1,679
3,320,264

30,043
2,045
238,863(561)
270,391
8,954
(20)
6,341
15,274
104285,770
3,550,415

30,043
1,976
247,220(462)
278,778
10,554(17)
5,508
16,046
96294,9213,615,185

Suruga bank, Ltd.

(2) Consolidated statements of income and Consolidated statements of comprehensive income
Consolidated statements of income(Millions of yen)
For the nine months For the nine months
ended
ended
Dec. 31, 2020
Dec. 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
Extraordinary losses
Loss on disposal of non-current assets
Impairment losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

75,52063,221
61,849
752
6,497
3,133
2,667
59,480
1,181
1,117
8,889
2,468
32,975
13,965
16,040
364
364
691
390
300
15,713
6,303
9,409
(7)
9,416

－4－

69,22656,40854,714
1,012
5,887
2,773
4,156
55,275
1,133
1,115
8,942
2,187
30,945
12,066
13,951
3
3
1,378
789
588
12,576
2,999
9,577
(7)
9,584

Suruga bank, Ltd.

Consolidated statements of comprehensive income(Millions of yen)
For the nine months For the nine months
ended
ended
Dec. 31, 2020
Dec. 31, 2021
ProfitOther comprehensive income
Net unrealized gains(losses) on available-for-salesecurities
Deferred gains(losses) on hedges
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

－5－

9,409

9,577

2,141
(10)
(50)

1,600
3
(832)

2,080
11,489771
10,348

11,497(7)

10,356(7)

Suruga bank, Ltd.

－6－

Suruga bank, Ltd.

Financial Results for the nine months ended December 31, 2021
- Supplementary Information (1) Operating results for the nine months ended December 31, 2021 (Non-consolidated)(Millions of yen)
Nine months ended
Dec. 31, 2021

Nine months ended
Dec. 31, 2020

(a)

(b)

ChangeFY3/2021

Gross operating profit
Net interest income
Net fees and commissions
Net other operating income(Gains (losses) on bonds)
Core gross operating profit (Note1)
Expenses
Personnel expenses
Non-personnel expenses

48,91952,153(3,645)411( 379
48,54029,862
10,74916,37954,80957,475(3,176)509
485
54,32430,598
11,167
17,002(a) - (b)(5,890)(5,322)
(469)
(98)
(106)
(5,784)
(736)
(418)
(623)

72,53575,806(4,367)1,097
1,057)
71,47840,337
14,86822,601

Core net operating profit (Note2)
Excluding gains (losses) on
Cancellation of investment trusts

18,67823,725(5,047)31,14018,67823,725(5,047)31,140

Actual net operating profit (Note3)
Provision for general allowance forloan losses

19,057

24,210(5,153)32,197(18,660)(26,544)7,884(17,933)

Net operating profit

37,71850,755(13,037)

50,131

Non-recurring gains (losses)
Gains (losses) on stocks(24,096)(22)(37,097)(0)

13,001(22)(30,148)
69

Ordinary profit

13,622

13,658(36)

19,982Extraordinary gains (losses)
Income before income taxes
Income taxes (Note4)(1,305)
12,317
2,894(292)
13,366
5,774(1,013)(1,049)(2,880)(296)
19,686744

Net income

9,422

7,592

1,830

18,941

Net credit costs (Note5)
Provision for general allowance
for loan losses
Disposal of non-performing loans
Recoveries of written-off claims

10,277

12,424(2,147)

14,246(18,660)(26,544)7,884(17,933)

28,9383,664

38,9691,508(10,031)
2,156

32,179
1,957

6,613

10,916(4,303)

12,288(Millions of yen)

Actual credit costs (Note6)(Note1) Core gross operating profit = Gross operating profit - Gains (losses) on bonds(Note2) Core net operating profit = Net operating profit + Provision for general allowance for loan losses- Gains (losses) on bonds(Note3) Actual net operating profit = Net operating profit + Provision for general allowance for loan losses(Note4) The amount of Income taxes for the fiscal year ended March 31, 2021 is that of Total income taxes.
(Note5) Net credit costs = Provision for general allowance for loan losses + Disposal of non-performing loans(Note6) Actual credit costs = Net credit costs - Recoveries of written-off claims.

－7－Suruga bank, Ltd.

(A) Gross operating profit: ¥48.9 billion･Net interest income decreased by ¥5.3 billion year-on-year, mainly due to a decrease in interest on loans and bills
discounted.
･Loan-deposit income decreased by ¥5.7 billion year-on-year.
･Gross operating profit decreased by ¥5.8 billion year-on-year.

Loan-deposit income

Net interest income(Billions of yen)

89.6

1-3Q,
FY3/18(Billions of yen)

80.8
1-3Q,
FY3/19

65.0

57.4

52.1

1-3Q,
FY3/201-3Q,
FY3/21

1-3Q,
FY3/2284.8
1-3Q,
FY3/18

76.7

64.2

56.2

50.5

1-3Q,
FY3/19

1-3Q,
FY3/201-3Q,
FY3/21

1-3Q,
FY3/22(B) Expenses; OHR: 61.0%･Expenses decreased by ¥0.7 billion year-on-year.
･OHR rose year-on-year to 61.0%.
(OHR (%) = Expenses / Gross operating profit × 100)

Gross operating profit(Billions of yen)

Expenses

OHR

45.2%

40.7%
87.2

61.0%

55.8%

53.0%

78.2

62.2

35.5

35.4

32.9

1-3Q, FY3/18

1-3Q, FY3/19

1-3Q, FY3/20

54.8

48.9

30.5

1-3Q, FY3/21

29.8

1-3Q, FY3/22(C) Core net operating profit: ¥18.6 billion, Net operating profit: ¥37.7 billion･Core net operating profit decreased by ¥5.0 billion year-on-year, mainly due to a decrease in net interest income.
･Net operating profit decreased by ¥13.0 billion year-on-year, mainly due to an increase in provision for general allowance
for loan losses.

Core net operating profit(Billions of yen)

51.5

51.2

1-3Q, FY3/18

42.3

Net operating profit

50.7

13.1

1-3Q, FY3/19

29.0

24.6

1-3Q, FY3/20

37.7
23.7
1-3Q, FY3/21

18.6
1-3Q, FY3/22(D) Ordinary profit: ¥13.6 billion, Net income: ¥9.4 billion･Ordinary profit was ¥13.6 billion year-on-year.
･Net income increased by ¥1.8 billion year-on-year, mainly due to a decrease in income taxes.

(E) Actual credit costs: ¥6.6 billion･ Net credit costs decreased by ¥2.1 billion year-on-year, mainly due to a decrease (¥10.0 billion) in disposal of
non-performing loans and an increase (¥7.8 billion) in provision for general allowance for loan losses.
･Actual credit costs, calculated as net credit costs (¥10.2 billion) minus the amount of recoveries of written-off claims (¥3.6
billion) amounted to ¥6.6 billion.
－8－

Suruga bank, Ltd.

－9－

Suruga bank, Ltd.

－10－

Suruga bank, Ltd.

Actual credit costs and Allowance for loan losses(Billions of yen)
Item

Actual credit costs

Allowance

Share house-related loans

(5.3)

68.2

Investment property loans

11.7

64.6

Housing loans

(0.5)

3.5

Unsecured loans

0.1

2.1

Monetary claims bought

0.1

0.1

Business financing loans, etc.

0.5

8.7

Total

6.6

147.4

(Note) Investment property loans: Studio apartment loans, Single building apartment loans, Other secured loans(B) Deposits･Deposits increased (period-end balance) by ¥82.9 billion year-on-year.
･Yield on deposits was 0.04%.
（Billions of yen）
Dec. 31, 2021(a)
Deposits (period-end balance)

Dec. 31, 2020(b)(a) – (b)Mar. 31, 2021

3,300.082.9

3,217.1

3,250.4

Individual deposits

2,697.0

75.4

2,621.6

2,637.4

Deposits (average balance)

3,286.8

100.6

3,186.2

3,194.4

Deposits (period-end balance)

Yield on deposits

Individual deposits (period-end balance)(Billions of yen)
4,072.4
3,228.6
3,148.9
3,300.0
3,217.1
3,235.8
2,697.0
2,621.6
2,588.7
2,503.7

Dec. 17

Dec. 18

Dec. 19

Dec. 20

Dec. 21

－11－

0.09%

Dec. 17

0.05%

0.04%

0.04%

0.04%

Dec. 18

Dec. 19

Dec. 20

Dec. 21

Suruga bank, Ltd.

(3) Interest margins (Non-consolidated)･Loan-deposit margin (after deduction of expenses, overall) shrunk by 3 basis points year-on-year to 1.77%, mainly due to a
dropping by yield on loans and bills discounted.
･Net interest margin (overall) shrunk by 17 basis points year-on-year to 0.78%.

Overall(%)
Nine months ended
Dec. 31, 2021
(a)Nine months ended
Dec. 31, 2020(b)(a) – (b)FY3/2021

Yield on loans and bills discounted

3.02(0.10)

3.12

3.12

Yield on deposits

0.04

0.00

0.04

0.04

Loan-deposit margin(after deduction of expenses)

1.77(0.03)

1.80

1.81

Net interest margin

0.78(0.17)

0.95

0.94

Domestic(%)
Nine months ended
Dec. 31, 2021
(a)Nine months ended
Dec. 31, 2020(b)(a) – (b)FY3/2021

Yield on loans and bills discounted

3.03(0.09)

3.12

3.13

Yield on deposits

0.04

0.00

0.04

0.04

Loan-deposit margin(after deduction of expenses)

1.81(0.03)

1.84

1.85

Net interest margin

0.82(0.16)

0.98

0.98

Loan-deposit margin (overall)
Loan-deposit margin (after deduction of expenses, overall)
Net interest margin（overall）

3.51%

3.30%

3.16%

3.07%

2.98%

1.74%

1.80%

1.77%

2.34%
1.99%
1.68%

1.49%

1.19%

0.95%

0.78%

1-3Q, FY3/18 1-3Q, FY3/19 1-3Q, FY3/20 1-3Q, FY3/21 1-3Q, FY3/22－12－

Suruga bank, Ltd.

(4) Non-performing loans based on the Financial Reconstruction Law (Non-consolidated)･Non-performing loans based on the Financial Reconstruction Law decreased by ¥37.5 billion year-on-year.
･Non-performing loan ratio dropped by 53 basis points year-on-year to 15.25%.

Dec. 31, 2021

(Millions of yen)Mar. 31, 2021

Dec. 31, 2020

Claims against bankrupt andsubstantially bankrupt obligors

145,682

124,426

100,433

Claims with collection risk

119,807

104,657

91,253Claims for special attention

74,797

148,787

134,362

Total (Non-performing loans based on
the Financial Reconstruction Law)

340,288377,871

326,048

Non-performing loan ratio

15.25%

15.78%

14.02%

Total coverage

259,008

279,768

232,946

Coverage ratio

76.11%

74.03%

71.44%(Note1) Total claims = Loans and bills discounted + Foreign exchanges + Accrued interest + Customers’ liabilities for acceptancesand guarantees + Securities lent + Suspense payment (”Claims for special attention” include only “Loans and bills
discounted”)(Note2) The figures above are based on the claim classification as defined in the Article 4 of the “Ordinance for Enforcement of
the Act on Emergency Measures for the Revitalization of Financial Functions”.
(Note3) The correspondence between classifications of obligors, etc.
(a) ”Claims against bankrupt and substantially bankrupt obligors” correspond to the claims against “Effectively bankrupt
obligors” or “Bankrupt obligors” under self-assessment.
(b) ”Claims with collection risk” correspond to the claims against “Potentially bankrupt obligors” under self-assessment.
(c) ”Claims for special attention” correspond to the claims which are against “Obligors requiring caution” underself-assessment and classified as “Loans past due 3 months or more” or “Restructured loans”.

Non-performing loan ratio

14.41%

15.78%

15.25%

Dec.19Dec.20

Dec.2110.60%
0.84%

Dec.17

Dec.18－13－

Suruga bank, Ltd.

(5) Capital adequacy ratio (domestic standard)･Capital adequacy ratio (non-consolidated) rose by 184 basis points year-on-year to 13.24%.

Non-consolidated
Dec. 31, 2021

Dec. 31, 2020

(Millions of yen)Mar. 31, 2021

Capital adequacy ratio

13.24%

11.40%

12.13%

Own capital (Core capital)

266,835

247,776

258,806

Core capital: instruments and reserves

289,417

271,462

281,357

Core capital: regulatory adjustments (-)

22,582

23,68622,550Risk-weighted assets

2,014,143

2,172,160

2,133,374

Total required capital

77,896

83,317

82,258

Consolidated
Dec. 31, 2021

Dec. 31, 2020

(Millions of yen)Mar. 31, 2021

Capital adequacy ratio

13.52%

11.60%

12.39%

Own capital (Core capital)

277,947

257,299

269,590

Core capital: instruments and reserves

307,693283,784

300,308

Core capital: regulatory adjustments (-)

29,74526,48530,717

Risk-weighted assets

2,055,248

2,216,332

2,175,140

Total required capital

79,54085,084

83,929

Capital adequacy ratio （non-consolidated）
Own capital (non-consolidated)(Billions of yen)

13.24%

13.35%

11.40%

9.05%

9.83%

234.2

247.7

266.8

223.6

Dec. 18

Dec. 19

Dec. 20

Dec. 21339.1

Dec. 17－14－

Suruga bank, Ltd.

(6) Composition of own capital (domestic standard)(Millions of yen)
December 31, 2021
Non-consolidated
ConsolidatedCore capital: instruments and reserves(1)
Directly issued qualifying common stock or preferred stock mandatorily convertible into
common stock capital plus related capital surplus and retained earnings
Capital and capital surplus
Retained earnings
Treasury shares (-)
Earnings to be distributed (-)
Accumulated other comprehensive income included in Core capital
Remeasurements of defined benefit plans
Subscription rights to acquire common stock or preferred stock mandatorily convertible into
common stock
Adjusted non-controlling interests (amount allowed to be included in Core capital)
Reserves included in Core capital: instruments and reserves
General allowance for loan losses
Eligible non-cumulative perpetual preferred stock subject to transitional arrangement included inCore capital: instruments and reserves
Eligible capital instrument subject to transitional arrangement included in Core capital:
instruments and reserves
Capital instrument issued through the measures for strengthening capital by public institutions
included in Core capital: instruments and reserves
45% of revaluation reserve for land included in Core capital: instruments and reserves
Non-controlling interests included in Core capital subject to transitional arrangementsCore capital: instruments and reserves(A)Core capital: regulatory adjustments(2)
Total intangible fixed assets (net of related tax liability, excluding those relating to mortgage
servicing rights)
Goodwill (including those equivalent)
Other intangible fixed assets other than goodwill and mortgage servicing rights
Deferred tax assets that rely on future profitability excluding those arising from temporary
differences (net of related tax liability)
Shortfall of eligible provisions to expected losses
Gains on sale related to securitization transactions
Gains (losses) due to changes in own credit risk on fair valued liabilities
Prepaid pension cost
Net defined benefit asset
Investments in own shares (excluding those reported in the net assets)
Reciprocal cross-holdings in relevant capital instruments issued by other financial institutions
Investments in the capital of banking, financial and insurance entities that are outside the scopeof regulatory consolidation (“Other financial institutions”), net of eligible short positions, where
the bank does not own more than 10% of the issued share capital (amount above the 10%threshold)Amount exceeding the 10% threshold on specified items
Significant investments in the common stock of Other financial institutions, net of eligible
short positions
Mortgage servicing rights
Deferred tax assets arising from temporary differences (net of related tax liability)
Amount exceeding the 15% threshold on specified items
Core capital: regulatory adjustments(B)
Total capital
Total capital
(A-B)
(C)
Risk-weighted assets(3)
Credit risk-weighted assets
Total of items included in risk-weighted assets subject to transitional arrangements
Amount equivalent to market risk × 12.5
Amount equivalent to operational risk × 12.5
Credit risk-weighted assets adjustments
Amount equivalent to operational risk adjustments
Total amount of risk-weighted assets(D)
Capital adequacy ratio (non-consolidated)
Capital adequacy ratio (non-consolidated)(C/D)
Capital adequacy ratio (consolidated)
Capital adequacy ratio (consolidated)
(C/D)

－15－

266,196278,778

48,629218,029(462)-

32,019247,220
(462)
5,508
5,508

-

-

23,22023,22023,377
23,377

-

-

-

-

-

-

289,41729
307,693

11,97913,577

11,9791,327
12,250-57

10,602-

16,111
-

-

-

-

-

-

-

22,582

29,745

266,835

277,947

1,857,763
156,380
2,014,143

1,870,250
184,998
2,055,248

13.24%--

13.52%

Suruga bank, Ltd.

(7) Unrealized gains (losses) on securities (Non-consolidated)･Net unrealized gains (losses) on securities increased by ¥2.0 billion year-on-year.
(Millions of yen)Dec. 31, 2021
Fair
Value
Available-for-sale

Dec. 31, 2020

Net unrealized gains (losses)
Gains

LossesFair
value

Mar. 31, 2021

Net unrealized gains (losses)
Gains

LossesFairvalue

Net unrealized gains (losses)
Gains

Losses435,609

11,354

11,819464 226,729

9,278

9,588

310

258,452

9,518

10,481963

Stocks15,410

7,135

7,468

333

15,242

6,967

7,232

264

16,922

8,646

8,840

193

Bonds

144,297493

523

30 118,484

399

434

34

119,092

324

402

78

Others275,901

3,726

3,827

1,910

1,922

11

122,437

546

1,238

691

securities

100

93,002(Note1) Stocks of subsidiaries and affiliates are not included since they are not valuated with fair value.
(Note2) Unrealized gains (losses) represent the difference between the fair value as of period-ends and acquisition costs.

(8) Individual deposit assets (Non-consolidated)･Individual deposit assets increased by ¥73.2 billion year-on-year.
･The ratio of investment products to total individual deposit assets declined by 10 basis points year-on-year to 3.8%.
(Millions of yen)

Individual deposit assets
Yen deposits
Investment products
Foreign currency deposits
Public bonds
Mutual funds
Personal pension plans
Single premium life insurance
The ratio of investment products
to total individual deposit assets

Dec. 31, 2021(a)
2,799,755
2,693,216
106,539
3,835
4,638
69,073
15,556
13,433
3.8%－16－73,25275,460(2,207)(100)(1,706)
3,892(3,531)(764)

Dec. 31, 2020(b)
2,726,503
2,617,756
108,746
3,935
6,344
65,181
19,087
14,197(0.1%)

3.9%(a) - (b)Mar. 31, 2021
2,743,750
2,633,381
110,369
4,111
6,035
68,05018,093
14,0784.0%