May 8, 2014

SURUGA Bank LTD.
Consolidated Financial Results for the fiscal year ended March 31, 2014
<under Japanese GAAP>
Stock Exchange:
Tokyo (code:8358)
URL:
http://www.surugabank.co.jp
Representative:
President Mitsuyoshi Okano
Date of Payment of Year-End Dividends: June 2, 2014
(Japanese yen amounts of less than one million and the first decimal place have been rounded down.)

1. Consolidated Financial Results (for fiscal year ended March 31, 2014)(1) Operating Results(Unit: Millions of Yen, except per share data and percentages)
Ordinary Income

Ordinary Profit

Net Income

March 31, 2014

121,292

9.0%

46,11027.2%

27,607

29.9%

March 31, 2013

111,241

3.6%

36,24721.9%

21,241

36.5%

Fiscal year ended(Note1) Comprehensive Income: Fiscal year ended March 31, 2014:\30,605 million (7.9%); Fiscal year ended March 31, 2013:\28,349 million (63.6%)(Note2) Percentages shown in Ordinary Income, Ordinary Profit and Net Income and Comprehensive Income are the increase (decrease) from the same period
pervious year.

Net Income per

Net Income per
Share

Share

Return on Equity(Diluted)

Ordinary Profit

Ordinary Profit

on Total Assets

on Ordinary
IncomeFiscal year ended
March 31, 2014\116.76\116.60

11.7%

1.1%

38.0%

March 31, 2013

\90.11\90.10

10.2%

0.9%

32.5%

(Reference) Equity in earnings (losses) of affiliates: Fiscal year ended March 31, 2014: (\27million); Fiscal year ended March 31, 2013: \22million(2) Financial Position(Unit: Millions of Yen, except percentages)
Total Assets

Total Net Assets

Own Capital Ratio

Net Assets per ShareMarch 31, 2014

4,098,552

251,816

6.0%

1,055.00

March 31, 2013

3,769,657

222,4505.8%

933.04(Reference) Own Capital: March 31, 2014: \249,595 million; March 31, 2013: \219,990 million(Note) Own Capital Ratio = (Total Net Assets – Subscription Rights to Shares – Minority Interests) / Total Assets * 100(3) Cash Flows
Cash Flows fromOperating activities

Cash Flows from
Investing activities

Cash Flows from
Financing activities(Unit: Millions of Yen)
Cash and cash
equivalents at year-end

Fiscal year ended
March 31, 2014

589,220

5,076△2,821

697,472

March 31, 2013

△35,060

99,478△3,221

105,988

2. Dividend on Common Stock
1st
Quarter-End

Annual Cash Dividends par Share
2nd
3rd
FiscalQuarter Quarter
Year
-End
-End
-End

Total

Fiscal year

Total Cash
Dividends(Annual)Dividends
Pay-out Ratio(Consolidated
basis)

Dividends on
Net Assets(Consolidate
basis)

Million yen

Ended March 31, 2013

―

\6.50

―

\8.50

\15.00

3,536

16.6%

1.7%

Ended March 31, 2014

―

\7.50

―

\9.50

\17.00

4,021

14.5%

1.7%

Ending March 31, 2015
(Forecasts)

―

\8.50

―

\8.50

\17.003. Earnings Forecasts (for the fiscal year ending March 31, 2015)

14.0%(Unit: Millions of Yen, except per share data)
Net Income per
Net Income
Share

Ordinary Income

Ordinary Profit

Six month ending September 30, 2014

61,5004.8%

22,7001.3%

14,0001.1%\59.17

Fiscal year ending March 31, 2015

124,000

2.2%

46,000（0.2%）

28,6003.5%\120.88(Note) Percentages shown in Ordinary Income, Ordinary Profit and Net Income are the increase (decrease) from the same period pervious year.

SURUGA bank LTD※Note(1) Changes in the scope of consolidated significant subsidiaries in the fiscal year ended March 31, 2014: No(2) Changes in accounting policies, accounting estimates, and restatements.
(A) Changes due to revision of accounting standards:(B) Changes due to reasons other than (A):(C) Changes in accounting estimates:(D) Restatements:

yes
No
No
No

(3) Number of common shares issued at the end of period(A) Number of stocks issued (including treasury stocks):

March 31, 2014

258,139,248 shares

March 31, 2013

(B) Number of treasury stocks:

March 31, 2014

21,557,594 shares

March 31, 2013

258,139,248 shares
22,361,833 shares(C) Average outstanding stocks for the fiscal year ended:

March 31, 2014

236,426,646 shares

March 31, 2013

235,716,965 shares(Reference) Non-Consolidated Financial Highlight
1. Non-Consolidated Financial Results (for the fiscal year ended March 31, 2014)(1) Operating Results(Unit: Millions of Yen, except per share data and percentages)
Ordinary Income

Ordinary Profit

Net Income

Fiscal year ended
March 31, 2014

113,0629.5%

45,36328.0%

27,553

30.7%

March 31, 2013

103,160

3.5%

35,41727.3%

21,06942.2%(Note) Percentages Shown in Ordinary Income, Ordinary Profit and Net Income are the increase (decrease) from the same period previous year.

Net Income per ShareNet Income per Share(Diluted)

March 31, 2014\116.54\116.37

March 31, 2013\89.38\89.37

Fiscal year ended(2) Financial Position(Unit: Millions of Yen, except per share data and percentages)
Own Capital Ratio

Net Assets per ShareMarch 31, 2014

Total Assets
4,089,021

Total Net Assets
245,210

5.9%\1,034.75

March 31, 2013

3,760,471

217,7685.7%\920.28(Reference) Own Capital: March 31, 2014: \244,803 million; March 31, 2013: \216,983 million(Note) Own Capital Ratio = (Total Net Assets – Subscription Rights to Shares) / Total Assets * 100

2. Earnings Forecasts (for the fiscal year ending March 31, 2015)(Unit: Millions of Yen, except per share data)
Net Income per
Net Income
Share

Ordinary Income

Ordinary Profit

Six month ending September 30, 2014

57,5004.8%

22,5001.8%

14,0001.2%\59.17

Fiscal year ending March 31, 2015

116,000

2.5%

45,5000.3%

28,5003.4%\120.46(Note) Percentages shown in Ordinary Income, Ordinary Profit and Net Income are the increase (decrease) from the same period pervious year.
（Statement relating to the status of the audit procedures）
This report is not subject to the audit procedures, which are based on the Financial Instruments and Exchange Law.
The audit procedures are not finished at the time of release of these financial statements.
(Notes for using forecasts information etc,)
The description of future performance of this report is based on information, which is presently available and certain assumptions which are considered tobe reasonable, and it does not guarantee future performance. Please take note that future performance may differ from forecasts. Regarding theassumptions for financial forecasts of this report, please refer to P2 of attached documents.

SURUGA bank LTD[Attachment]○ Contents of the attachment
1. Operating results ................................................................................................................................................................... 2(1) Analysis of business performance ........................................................................................................................... 2(2) Analysis of financial position ..................................................................................................................................... 2(3) Description of forward-looking information such as consolidated earnings forecast ............................. 2
2. Consolidated financial statements ................................................................................................................................... 3(1) Consolidated balance sheets .................................................................................................................................... 3(2) Consolidated statements of income andconsolidated statements of comprehensive income ......................................................................................... 5(3) Consolidated statements of changes in net assets ........................................................................................... 7(4) Consolidated statements of cash flows ................................................................................................................. 9(5) Note for the assumption of going concern ......................................................................................................... 10(6) Changes in accounting principles, accounting estimates and restatement .............................................. 10
3. Non-consolidated financial statements ........................................................................................................................ 11(1) Non-consolidated balance sheets ......................................................................................................................... 11(2) Non-consolidated statements of income ............................................................................................................ 13(3) Non-consolidated statements of changes in net assets ................................................................................ 141

SURUGA bank LTD

1. Operating Results(1) Analysis of business performance
T he Jap anes e eco nomy duri ng th e co nsolid at ed p eriod co nti nue d to improv e mod estly asc orpora te ear nings impro ved an d domes tic dem and in cludi ng p erson al cons umptio n r emain ed
st rong th anks to eas y mon et ary polic y and th e o th er e con omic m eas ures .
Wit h re gard to th e profi t and loss si tua tio n on a cons olida ted basis o rdin ary incom e was u p¥ 10 .05 1 bi llion from the same peri o d of t he pre vious y ear to ¥ 12 1. 292 billio n o wing to fac tors s uch
as gai ns fr om in cre ase i n i nt eres t o n loa ns an d dis coun ts.
Ordi nar y exp ens es tot aled ¥7 5.1 81 b illio n, up ¥ 18 8 millio n ye ar -o n- ye ar owi ng to fac tors su ch asi ncr ease in gen eral a nd admin istr a tiv e expe nses , whil e lo an -loss allo wan ce de cre ased.
As a r esul t, ordin ary pro fit inc reas ed ¥9. 86 3 b illio n from a ye ar e arli er to ¥ 46 .1 10 b illio n.
Ne t i ncome dur ing th e p eriod per formed a year -on -y ear inc reas e of ¥6 .3 66 billio n t o ¥ 27.6 07
bill ion .
(2) Analysis of financial position
Wit h rega rd to ou r main ac cou nts on a cons olid at ed basis a t t he e nd of th e period , bal ance oflo ans a nd bills dis cou nt ed to tal ed ¥2 .8 78 72 3 t rillio n, up ¥ 12 3. 82 2 bill ion fr om th e same period oft he pre vious ye ar as th e p erson a l lo an bal anc e s tea dily in creas ed.
B ala nc e of se curi ties t ota led ¥2 18. 89 0 bil lion , do wn ¥1 1. 902 billi on compar ed to t he e nd of t hepr evio us fi scal y ear .
T he bal anc e o f d eposits was up ¥2 99 .5 67 b illio n t o ¥ 3. 809 65 8 trillion from t he end of t he pr evio us
fis cal y ear.
(3) Description of forward-looking information such as consolidated earnings forecast
Consolidated
Millions of Yen

Six month ending
September 30, 2014

Fiscal year ending
March 31, 2015

O r d i n a r y

i n c o m e

61,500124,000

O r d i n a r y

p r o f i t

22,70046,000Nc

14,00028,600

e

t

i

n

o

m

e

Non-consolidated
Millions of Yen

Six month ending
September 30, 2014
O r d i n a r y

57,500116,000

profit24,00048,500O r d i n a r y

p r o f i t

22,50045,500Nce

14,00028,500Credit-related expenses in real term s

500

1,000

Net
e

i n c o m e

Fiscal year ending
March 31, 2015

business
t

i

n

o

m

(Note) The earnings forecast was created based on the information available as of the date of this announcement andactual results may differ from the forecast figures owing to various factors in the future.

2

SURUGA bank LTD

2. Consolidated financial statements(1) Consolidated balance sheets
Millions of Yen

AssetsCash and due from banks
Call loans and bills bought
Trading account securities
Money held in trust
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investment assets
Other assets
Tangible fixed assets
Buildings, net
Land
Lease assets, net
Construction in progress
Other tangible fixed assets
Intangible fixed assets
Software
Goodwill
Lease assets
Software in progress
Other intangible fixed assets
Net defined benefit asset
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
Liabilities
Deposits
Borrowed money
Foreign exchanges
Other liabilities
Provision for bonus
Provision for directors' bonus
Provision for retirement benefits
Net defined benefit liability
Provision for directors’ retirement benefits
Provision for reimbursement of deposits
Provision for contingent loss
Deferred tax liabilities
Acceptances and guarantees
Total liabilities

3

As of March 31, 2013

As of March 31, 2014

109,970570,06434
1,000
230,792
2,754,901
3,927
5,652
38,635
48,953
11,83024,951
152
355
11,66323,919
4,283
2,459
45
16,709
420
―
7,917
4,170
△30,282
3,769,657

700,543
183,295
39
905
218,8902,878,723
3,858
5,558
39,58048,971
11,56924,902
101
262
12,13530,995
27,108
2,330
30
1,109
417
5,268
3,222
4,108
△25,410
4,098,552

3,510,091
3,265
17
25,024
648
80
261
―
2,701
274
552
119
4,170
3,547,207

3,809,658
2,805
5
25,189
667
140
―
278
2,902
282
523
174
4,108
3,846,735

SURUGA bank LTD
As of March 31, 2013

Net assets
Capital stock
Capital surplus
Retained earnings
Treasury stock
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
Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets

30,043
19,547
179,511△17,194
211,908
8,097
△15
―
8,082
784
1,675
222,450
3,769,657

4

As of March1, 2014

30,043
20,278203,340△16,626
237,035
10,955△13
1,617
12,560406
1,813
251,816
4,098,552

SURUGA bank LTD(2) Consolidated statements of income and consolidated statements of comprehensive income
Millions of Yen

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans and bills boughtInterest on deposits with banks
Other interest income
Fees and commissions
Other ordinary income
Gains on sales of bonds
Gains on redemption of bonds
Other
Other income
Reversal of allowance for loan losses
Recoveries of written off claims
Gain on sales of stocks and other securities
Equity in earnings of affiliates
Other
Ordinary expenses
Interest expenses
Interest on deposits
Interest on call money and bills soldInterest on borrowings and rediscount
Other interest expenses
Fees and commissions payments
Other ordinary expenses
Loss on sales of bonds
Loss on redemption of bonds
Other
General and administrative expenses
Other expenses
Written-off of loans
Losses on sales of stocks and other securities
Losses on devaluation of stocks and other securities
Equity in losses of affiliates
Other
Ordinary profit
Extraordinary income
Gain on disposal of noncurrent assets
Reversal of subscription rights to shares gain
Extraordinary loss
Loss on disposal of noncurrent assets
Impairment loss
Income before income taxes and minority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Income before minority interests
Income attributable to minority interests
Net income

5

For the year ended
March 31, 2013

For the year ended
March 31, 2014

111,241
91,52889,659
1,132
542
0
194
12,204
4,754
85
1,019
3,649
2,754
528
1,264
98
22
840
74,993
3,047
2,967
0
33
46
13,300
3,157
0
204
2,951
44,723
10,765
4,580
75
503
―
5,605
36,247
26
26
―
258
254
3
36,015
10,7703,767
14,53821,477
235
21,241

121,292
100,075
97,304
1,973
399
307
90
12,216
4,569
26
753
3,789
4,431
2,619
1,043
53
―
714
75,181
3,438
3,386
―
27
23
13,103
3,885
187
490
3,207
46,638
8,115
3,885
19
9
27
4,174
46,110
140
52
88
309
309
―
45,941
15,936
2,298
18,23427,707100
27,607

SURUGA bank LTD

Consolidated statements of comprehensive income
Millions of Yen

For the year ended
March 31, 2013

For the year ended
March 31, 2014

21,477

27,707

Valuation difference on available-for-sale securities

6,903

2,896

Deferred gains or losses on hedges

△31

1

6,871

2,898

Comprehensive income

28,34930,605(Breakdown)Comprehensive income attributable to owners of theparent28,07830,467

Comprehensive income attributable to minority interests

270

138

Income before minority interests
Other comprehensive income

Total other comprehensive income

6

SURUGA bank LTD(3) Consolidated statements of changes in net assets
For the year ended March 31, 2013
Millions of Yen

Shareholders' equity
Capital stock
Balance at the beginning ofcurrent period
Changes of items during theperiodDividends from surplus

30,043

CapitalsurplusRetainedearnings

19,501

Net income

161,336

Total
shareholders'equity△17,018

193,862△3,065△3,065

21,241

21,241

Purchase of treasury shares
Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items during theperiodBalance at the end of current
periodTreasuryshares

45

△255

△255

79

125

―

45

18,175△176

18,04530,043

19,547

179,511△17,194

211,908

Accumulated other comprehensive income
Valuation
Total
Subscription
Deferreddifference
accumulated
rights to
gains oron availableothershareslosses on
for-salecomprehensive
hedgessecurities
incomeBalance at the beginning ofcurrent period
Changes of items during theperiodDividends from surplus

1,227

16

1,243

760

Minority
interests

1,404

Total net
assets197,271△3,065

Net income

21,241

Purchase of treasury shares△255

Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items during theperiodBalance at the end of current
period

125
6,870

△31

6,838

23

270

7,133

6,870

△31

6,838

23

270

25,178

8,097

△15

8,082

784

1,675

222,4507

SURUGA bank LTD
For the year ended March 31, 2014
Millions of Yen

Shareholders' equity
Capitalstock
Balance at the beginning ofcurrent period
Changes of items during theperiodDividends from surplus

30,043

CapitalsurplusRetainedearnings

TreasurysharesTotalshareholders'equity19,547

179,511△17,194

211,908

Net income△3,778△3,77827,607

27,607Purchase of treasury shares
Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items during theperiodBalance at the end of current
periodBalance at the beginning ofcurrent period
Changes of items during theperiodDividends from surplus

730

△91

△91

660

1,390

―

730

23,829568

25,12730,043

20,278203,340△16,626

237,035

Accumulated other comprehensive income
Valuation
Total
Remeasuredifference Deferred
accumulat
ments ofon
gains ored otherdefinedavailable- losses oncomprehebenefitfor-salehedgesnsive
plans
securities
incomeSubscription
rights toshares

8,097

△15

―

8,082

784

Minority Total net
interests assets

1,675

222,450△3,77827,607

Net income
Purchase of treasury shares△91

Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items during theperiodBalance at the end of current
period

1,390
2,858

1

1,617

4,477

△377

138

4,238

2,858

1

1,617

4,477

△377

138

29,366

10,955△13

1,617

12,560406

1,813

251,8168

SURUGA bank LTD(4) Consolidated statements of cash flows
Millions of Yen

Net cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance for loan losses
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for directors' bonuses
Increase (decrease) in provision for retirement benefits
Increase (decrease) in net defined benefit liability
Increase (decrease) in provision for directors' retirement
benefits
Increase (decrease) in provision for reimbursement ofdeposits
Increase (decrease) in provision for contingent loss
Gain on fund management
Financing expenses
Loss (gain) related to securities
Loss (gain) on money held in trust
Loss (gain) on disposal of noncurrent assets
Net decrease (increase) in trading account securities
Net decrease (increase) in loans and bills discounted
Net increase (decrease) in deposit
Net increase (decrease) in borrowed money (excluding
subordinated borrowings)
Net decrease (increase) in deposit (excluding deposit paid toBank of Japan)
Net decrease (increase) in call loans
Net increase (decrease) in call money
Net decrease (increase) in foreign exchanges-assets
Net increase (decrease) in foreign exchanges-liabilities
Net decrease (increase) in lease receivables and investment
assetsProceeds from fund management
Payments for finance
Other, net
Subtotal
Income taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Purchase of securities
Proceeds from sales of securities
Proceeds from redemption of securities
Decrease in money held in trust
Purchase of tangible fixed assets
Proceeds from sales of tangible fixed assets
Purchase of intangible fixed assets
Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Cash dividends paid
Purchase of treasury stock
Proceeds from sales of treasury stock
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
9

For the year ended
March 31, 2013

For the year ended
March 31, 2014

36,0154,138
3
129△3,2661
20△60―

45,9414,389―
129△4,871
18
60
―
△759

△22

201

△8

7

72
△91,528
3,047
△418
△11
228
15
△142,571
251,856△28△100,075
3,438
△127
25
257
△4
△123,821
299,566

150

△460

△845

910

△178,678
△42
△493
16

386,769
―
69
△12

178

93

91,194△3,623811△33,691△1,368△35,060

99,677△3,407△4,284
603,704△14,483
589,220△101,594
31,948180,151
124△3,50549△7,69699,478△57,355
32,277
41,84669△2,965234△9,0295,076△3,065△255
99△3,221△4
61,192
44,796
105,988△3,778△91
1,048△2,821
8591,484
105,988697,472SURUGA bank LTD(5) Note for the assumption of going concern
Not appli cabl e.

(6) Changes in accounting policies, accounting estimates and restatement(Ap plic atio n o f a cco unt ing s ta ndard for ret irem en t b ene fits , etc .)S urug a B ank has adopte d t he ac coun tin g st anda rd for re tirem en t ben efi ts (A SBJ St at emen t No.
2 6, May 17 , 2 01 2, her ei naf ter ref err ed to as t he "R eti reme nt Be ne fi ts S tat eme nt ") and thegu idan ce on ac cou nti ng s ta ndard for ret ireme nt be nefi ts (ASB J Guid anc e No .25 , Ma y 1 7, 2 01 2,
h ere ina ft er r efer red to as th e " Re tirem en t Be ne fits Guid an ce ") from th e end of fisc al year e nded
Mar ch 31 , 2 01 4(ex clu di ng as ot her wise provid ed i n t he m ain cl aus e o f R eti reme nt Be ne fits
S ta teme nt Arti cle 35 an d t he Re tirem en t B ene fits Guid an ce Arti cle 6 7) .Th e di ffe ren ce be tw ee n
R etir eme nt ben efi t oblig atio ns a nd Pla n assets a t f air val ue was rec orded as Ne t d efi ned b ene fit
ass et or Ne t d efi ned be ne fit liabi lity .
T he Acc oun ting st andar d for re tirem en t b ene fits , etc . was appli ed i n a ccord an ce wit h thet ransi tio nal m eas ures pro vided by th e Ret ireme nt Be ne fits St at eme nt Arti cle 3 7. Unr ecogi nizeda ct uari al g ains or loss es aft er tax ef fec t adjustm en ts w ere re corded as Rem eas urem ents of definedb ene fit pla ns i n To tal a cc umul ate d ot her compr ehe nsiv e i ncom e, as o f the e nd o f fi na ncia l y ear
e nded Marc h 31, 2 014 .
As a r esul t, Net de fin ed ben efi t asse t w as \5 .2 68 billio n and Net de fin ed b en efi t li abili ty was \278
milli on as end o f t he fin an cial yea r end ed Mar ch 3 1, 20 14.A lso, Defe rred tax ass ets d ecr eas ed by\8 78 mi llion a nd To tal ac cumu lat ed o th er c ompr ehe nsiv e i ncom e i nc reas ed b y \1 .6 17 b illio n.

10

SURUGA bank LTD

3. Non-consolidated financial statements(1) Non-consolidated balance sheets
Millions of Yen

AssetsCash and due from banks
Cash
Due from banks
Call loans
Trading account securities
Trading government bonds
Trading local government bonds
Money held in trust
Securities
Government bonds
Local government bonds
Corporate bonds
StocksOther securities
Loans and bills discounted
Bills discounted
Loans on bills
Loans on deeds
Overdrafts
Foreign exchanges
Due from foreign banks (our accounts)
Foreign bills bought
Foreign bills receivable
Other assets
Prepaid expenses
Accrued income
Initial margins of futures markets
Derivatives other than for trading-assets
Other
Tangible fixed assets
Buildings, net
Land
Lease assets, net
Construction in progress
Other tangible fixed assets
Intangible fixed assets
SoftwareLease assets
Software in progress
Other intangible fixed assets
Prepaid pension cost
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
11

As of March 31, 2013

As of March 31, 2014

109,215
38,541
70,673570,064
34
―
34
1,000
235,432
150,3458,514
7,648
45,692
23,231
2,755,395
2,365
47,0302,411,415
294,584
3,927
1,788
0
2,139
28,780
1,117
7,986
―
476
19,20047,566
11,19924,314657
353
11,042
21,272
4,135
45
16,680
411
1,996
7,513
4,176
△25,906
3,760,471

700,300
28,268672,031
183,295
39
0
38
905
223,371
145,262
171
2,538
49,40825,9892,880,085
1,794
38,2502,524,543
315,496
3,858
1,201
0
2,656
31,293
1,799
8,260
200
1,076
19,95647,575
10,90624,313725
262
11,36728,38926,855
30
1,095
408
2,772
3,623
4,114
△20,6034,089,021

SURUGA bank LTD
Millions of Yen

Liabilities
Deposits
Current deposits
Ordinary deposits
Saving deposits
Deposits at noticeTime deposits
Other deposits
Foreign exchanges
Foreign bills sold
Foreign bills payable
Other liabilities
Income taxes payable
Accrued expenses
Unearned revenue
Deposits received from employees
Lease obligations
Derivatives other than for trading-liabilities
Other
Provision for bonus
Provision for directors' bonus
Provision for directors’ retirement benefits
Provision for reimbursement of deposits
Provision for contingent loss
Acceptances and guarantees
Total liabilities
Net assets
Capital stock
Capital surplus
Legal capital surplus
Other capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
Reserve for advanced depreciation of noncurrent
assetsGeneral reserve
Retained earnings brought forward
Treasury stock
Total shareholders' equity
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Valuation and translation adjustments
Subscription rights to shares
Total net assets
Total liabilities and net assets

12

As of March 31, 2013

As of March 31, 2014

3,514,877
58,1791,056,149
21,204
100,368
2,053,035
225,94117
17―
19,417
9,511
3,521
129
824
644
2,210
2,575
607
80
2,699
274
552
4,176
3,542,703

3,816,373
66,456
1,162,129
19,85992,9162,280,868
194,14255
018,857
10,582
3,572
171
759
717
307
2,746
614
140
2,899
282
523
4,114
3,843,810

30,043
18,631
18,585
45
177,646
30,043
147,603

30,04319,362
18,585776
201,42130,043
171,378

55

55

103,032
44,516△17,194
209,127
7,869
△13
7,856
784
217,768
3,760,471

103,032
68,291△16,626
234,200
10,614△12
10,614406
245,210
4,089,021

SURUGA bank LTD(2) Non-consolidated statements of income
Millions of Yen

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans
Interest on deposits with banks
Interest on interest swaps
Other interest income
Trust fees
Fees and commissions
Fees and commissions on domestic and foreignexchanges
Other fees and commissions
Other ordinary income
Gains on foreign exchange transactions
Gain on trading account securities transactions
Gains on sales of bonds
Gains on redemption of bonds
Other income
Reversal of allowance for loan losses
Recoveries of written off claims
Gain on sales of stocks and other securities
Gain on money held in trust
Other
Ordinary expenses
Interest expenses
Interest on deposits
Interest on call money
Interest on interest swaps
Other interest expenses
Fees and commissions payments
Fees and commissions on domestic and foreignexchanges
Other fees and commissions
Other ordinary expenses
Loss on trading account securities transactions
Loss on sales of bonds
Loss on redemption of bonds
General and administrative expenses
Other expenses
Written-off of loans
Losses on sales of stocks and other securities
Losses on devaluation of stocks and other securities
Loss on money held in trust
Other
Ordinary profit
Extraordinary income
Gain on disposal of noncurrent assets
Reversal of subscription rights to shares gain
Extraordinary loss
Loss on disposal of noncurrent assets
Income before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
13

For the year ended
March 31, 2013

For the year ended
March 31, 2014

103,160
88,13486,269
1,122
542
―
0
200
0
11,503113,062
95,84893,085
1,960
399
307
―
95
0
11,382

2,893

2,444

8,610
1,196
88
3
85
1,019
2,324
410
1,025
98
15
775
67,742
3,015
2,968
0
7
39
13,562

8,938
892
112
―
26
753
4,939
3,422
771
53
0
691
67,698
3,411
3,387
―
2
21
13,167880

876

12,681205―
0204
41,861
9,098
3,197
75
503
4
5,318
35,417
5
5
―
245
245
35,176
10,376
3,730
14,106
21,06912,290
678
0
187
490
43,764
6,677
2,734
2
―
26
3,914
45,363
121
33
88
309
309
45,175
15,224
2,398
17,622
27,553

SURUGA bank LTD(3) Non-consolidated statements of changes in net assets
For the year ended March 31, 2013
Millions of Yen
Shareholders' equity
Capital surplus

Balance at the beginning of current
periodChanges of items during the period

Retained earnings
Total
capitalsurplusCapital stock

Legal capitalsurplus

Other capitalsurplus30,043

18,585―

18,58545

45

Legal retained
earnings

30,043

Dividends from surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Net changes of items other thanshareholders' equity
Total changes of items during theperiod

―

―

45

45

―

Balance at the end of current period

30,043

18,58545

18,631

30,043

Shareholders' equity
Retained earnings
Other retained earnings
Reserve for
Retained
advanced
Generalearnings
depreciation
reservebroughtof noncurrent
forwardassetsBalance at the beginning of current
periodChanges of items during the period

55

103,032

Dividends from surplus
Net income

Total
Retainedearnings

Treasury stock

Total
shareholders'equity26,512

159,642△17,018

191,253△3,06521,069△3,06521,069△255
79△3,06521,069△255
125

Purchase of treasury shares
Disposal of treasury shares
Net changes of items other thanshareholders' equity
Total changes of items during theperiod――18,00418,004△176

17,873

Balance at the end of current period

55

103,032

44,516

177,646△17,194

209,127

Valuation and translation adjustments
Valuation
Deferred
Total valuationdifference on
gains orand translation
available-forlosses on
adjustments
sale securities
hedgesSubscription
rights tosharesBalance at the beginning of current
periodChanges of items during the period

1,102

19

1,121

760

Total net
assets

193,135△3,06521,069△255
125

Dividends from surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Net changes of items other thanshareholders' equity
Total changes of items during theperiod

6,767

△32

6,734

23

6,758

6,767

△32

6,734

23

24,632

Balance at the end of current period

7,869

△13

7,856

784

217,768

14

SURUGA bank LTD
For the year ended March 31, 2014
Millions of Yen
Shareholders' equity
Retainedearnings

Capital surplus
Capital stock

Balance at the beginning of current
periodChanges of items during the period

30,043

Total
capitalsurplus

Legal capitalsurplus

Other capitalsurplus18,85845

18,631730

730

Legal retained
earnings

30,043

Dividends from surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Net changes of items other thanshareholders' equity
Total changes of items during theperiod

―

―

730

730

―

Balance at the end of current period

30,043

18,585776

19,36230,043

Shareholders' equity
Retained earnings
Other retained earnings
Reserve for
Retained
advanced
Generalearnings
depreciation
reservebroughtof noncurrent
forwardassetsBalance at the beginning of current
periodChanges of items during the period

55

103,032

Dividends from surplus
Net income

Total
Retainedearnings

44,516

177,646△3,77827,553△3,77827,553Purchase of treasury shares

Treasury
stock

Total
shareholders'equity△17,194

209,127△91
660△3,77827,553△91
1,390

Disposal of treasury shares
Net changes of items other thanshareholders' equity
Total changes of items during theperiod――23,77523,775568

25,073

Balance at the end of current period

55

103,032

68,291

201,421△16,626

234,200

Valuation and translation adjustments
Valuation
Deferred
Total valuationdifference on
gains orand translation
available-forlosses on
adjustments
sale securities
hedgesSubscription
rights tosharesBalance at the beginning of current
periodChanges of items during the period

7,869

△13

7,856

784

Total net
assets217,768△3,77827,553△91
1,390

Dividends from surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Net changes of items other thanshareholders' equity
Total changes of items during theperiod

2,745

0

2,746

△377

2,368

2,745

0

2,746

△377

27,442

Balance at the end of current period

10,614△12

10,602406

245,21015

SURUGA bank LTD（Reference data ）【Non-consolidated】(1) Interest margin
All operations（％）

Yield on outstanding loans

A

March 31, 2014
(a)
3.38

Yield on deposits
Loan – deposit margin

B

0.09

0.01

0.08

A-B

3.28

0.08

3.20

2.06

0.12

1.94

1.31

0.07

1.24

(Yield on outstanding loans - Yield on deposits)

Loan – deposit margin(after deduction from expense ratio)

Net interest margin(a) – (b)0.09

March 31, 2013
(b)
3.29

Domestic operations（％）

Yield on outstanding loans

A

March 31, 2014
(a)
3.40

Yield on deposits
Loan – deposit margin

B

0.09

0.01

0.08

A-B

3.30

0.05

3.25

2.08

0.10

1.98

1.35

0.06

1.29

(Yield on outstanding loans - Yield on deposits)

Loan – deposit margin(after deduction from expense ratio)

Net interest margin(a) – (b)0.07

March 31, 2013
(b)
3.33

(2) OHR（％）

March 31, 2014
(a)
47.6

OHR

(a) – (b)△1.8

March 31, 2013
(b)
49.4

(3) The capital adequacy ratio（％）

As of March 31,
2014

(a)
The capital adequacy ratio(Domestic standard)

11.42(a) – (b)0.64

As of March 31,
2013

(b)
10.78

The capital adequacy ratio has been calculated based on the new domestic standard from the fiscal year ended March 31,
2014.

(4)ROE， ROA（％）(a) – (b)ROEMarch 31, 2014
(a)
13.22

2.12

March 31, 2013
(b)
11.10

ROA

0.72

0.13

0.59

＊ROE: Net income per average own capital
ROA: Net income per average total assets

16