November 10,
10, 2015
2015

SURUGA bankbank,ank, Ltd.
Ltd.
Consolidated Financial Results for the First Half of Fiscal Year 2015, ending March 31,
31, 2016
2016<under Japanese GAAP>
Stock Exchange:
Tokyo (code: 8358)
URL:
http://www.surugabank.co.jp
Representative:
President Mitsuyoshi Okano
Date of Payment of 2nd Quarter-End Dividends: December 11, 2015
(Japanese yen amounts of less than one million and the first decimal place have been rounded down.)

1. Consolidated Financial Results (for the first half ended September 30, 2015)(1) Operating Results(Unit: Millions of Yen, except percentages)

Profit Attributable
Ordinary Income

Ordinary Profit
to Owners of Parent

First half
Ended September 30, 2015

69,4349.8%

28,975

17.6%

18,98923.5%

Ended September 30, 2014

63,191

7.7%

24,6249.9%

15,37011.0%(Note1) Comprehensive income: First half ended September 30, 2015: \15,316million (△12.5%); First half ended September 30, 2014: \17,518 million (3.6%)(Note2) Percentages shown in ordinary income, ordinary profit and profit attributable to owners of parent and comprehensive income are changes from thecorresponding period of the previous fiscal year.

Net Income per ShareNet Income per Share (Diluted)

First half
Ended September 30, 2015

\80.01\79.93

Ended September 30, 2014

\64.92\64.83(2) Financial Position(Unit: Millions of Yen, except percentages)
Total Assets

Total Net Assets

Own Capital Ratio

September 30, 2015

4,418,798

304,809

6.8%

March 31, 2015

4,284,990

292,128

6.7%(Reference) Own capital: September 30, 2015: \302,624 million; March 31, 2015: \290,056 million(Note) Own capital ratio = (Total net assets – Subscription rights to shares – Non-controlling interests) / Total assets * 100
The ratio above is not based on the regulation of capital adequacy ratio.

2. Dividend on Common Stock
Annual Cash Dividends per Share
1st Quarter-End

2nd Quarter-End

3rd Quarter-End

Fiscal Year-End

Ended March 31, 2015

―

\8.50

―

\11.50\20.00Ending March 31, 2016
Ending March 31, 2016 (Forecasts)

―

\9.50
―

\9.50

\19.00

Total

Fiscal year

(Note) Revision of forecasts for dividends for quarter in review: No

3. Consolidated Earnings Forecasts (for the fiscal year ending March 31, 2016)

Ordinary Income
Fiscal year ending March 31, 2016

134,500

2.5%(Unit: Millions of Yen, except percentages and per share data)
Profit Attributable
Net Income
Ordinary Profit
per Share
to Owners of Parent
53,400△0.0%35,3007.3%\148.72(Note1) Percentages shown in ordinary income, ordinary profit and profit attributable to owners of parent are changes from the corresponding period of theprevious fiscal year.
(Note2) Revision of earnings forecasts for quarter in review: No※Note(1) Changes in the scope of consolidated significant subsidiaries during the first half ended September 30, 2015: No(2) Changes in accounting policies, accounting estimates, and restatements.
(A) Changes due to revision of accounting standards:
Yes(B) Changes due to reasons other than (A):No
(C) Changes in accounting estimates:
No(D) Restatements:
No(Note) For details, please refer to the “Changes in accounting policies, accounting estimates and restatements” in the section 2 “Items regarding summary
information (notes) ” on page 3.

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

September 30, 2015

258,139,248 shares

March 31, 2015

(B) Number of treasury shares:

September 30, 2015

20,788,600 shares

March 31, 2015

258,139,248 shares
20,855,687 shares(C) Average number of shares:

September 30, 2015

237,332,016 shares

September 30, 2014

236,755,324 shares(Non-Consolidated Financial Highlights)
1. Non-Consolidated Financial Results (for the first half ended September 30, 2015)(1) Operating Results(Unit: Millions of Yen, except percentages)
Ordinary Income

Ordinary Profit

Net Income

First half
Ended September 30, 2015

63,926

9.2%

27,896

16.9%

18,55323.8%

Ended September 30, 2014

58,531

6.7%

23,8607.9%

14,9808.3%(Note) Percentages shown in ordinary income, ordinary profit and net income are changes from the corresponding period of the previous fiscal year.

Net Income per ShareFirst half
Ended September 30, 2015

\78.17

Ended September 30, 2014\63.27(2) Financial Position(Unit: Millions of Yen, except percentages)
Total Assets

Total Net Assets

Own Capital Ratio

September 30, 2015

4,407,974

294,816

6.6%

March 31, 2015

4,272,054

282,450

6.6%(Reference) Own capital: September 30, 2015: \294,727 million; March 31, 2015: \282,337 million(Note) Own capital ratio = (Total net assets – Subscription rights to shares) / Total assets * 100
The ratio above is not based on the regulation of capital adequacy ratio.

2. Earnings Forecasts (for the fiscal year ending March 31, 2016)

Ordinary Income
Fiscal year ending March 31, 2016

123,500

1.4%(Unit: Millions of Yen, except percentages and per share data)
Net Income
Ordinary Profit
Net Income
per Share
52,5001.2%

35,0008.9%\147.46(Note) Percentages shown in ordinary income, ordinary profit and net income are changes from the corresponding period of the previous fiscal year.

(Statement relating to the status of the interim audit procedures)This interim report is not subject to the interim audit procedures, which are based on the Financial Instruments and Exchange 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 bank falls under the category of “Specified Business Corporation” under Article 17-15-2 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
first half ended September 30, 2015.
2. 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 actual performance may differ materially from the forecasts due tovarious factors.

SURUGA bank, Ltd.

[Appendix][Appendix]○ Contents of the appendix

1. Qualitative information on the interim financial statements ................................................................
.....................................................................................
..................................................... 2(1) Description of business performance ................................................................
................................................................................................
.......................................................................................
....................................................... 2(2) Description of financial position ................................................................
................................................................................................
................................................................................................
..................................................................
.................................. 2(3) Description of forwardforward-looking information such as consolidated earnings
earnings forecasts
forecasts...................... 2
2. Items regarding summary information (notes) ................................................................
................................................................................................
.................................................................................
................................................. 3(1) Changes in accounting policies,
policies, accounting estimates, and restatements .............................................
............................................. 3
3. Interim consolidated financial statements ................................................................
................................................................................................
.........................................................................................
......................................................... 4(1) Interim consolidated balance sheets................................................................
................................................................................................
.........................................................................................
......................................................... 4(2) Interim consolidated
consolidated statements
statements of income and interim consolidated statements ofcomprehensive income................................................................
................................................................................................
................................................................................................
.....................................................................................
..................................................... 5(3) Interim consolidated statement of changes in net assets ................................................................
..............................................................................
.............................................. 7(4) Notes for the assumption of going concern ................................................................
................................................................................................
..........................................................................
.......................................... 9
4. Interim nonnon-consolidated financial statements................................................................
................................................................................................
.............................................................................
.............................................10(1) InterimInterim nonnon-consolidated balance sheets
sheets................................................................
................................................................................................
.............................................................................
............................................. 10(2) Interim nonnon-consolidated statements
statements of income
income ................................................................
..............................................................................................
.............................................................. 11(3) Interim nonnon-consolidated statements of changes in net asset................................................................
..................................................................
.................................. 12(4) Notes for the assumption of going concern ................................................................
................................................................................................
........................................................................
........................................ 14
5. Other ................................................................
................................................................................................
................................................................................................
................................................................................................
................................................................................................
.................................................................
.................................14※SUPPLEMENTARY INFORMATION For thethe First Half of Fiscal Year 2015 (E(Ending March 31, 2016)－1－

SURUGA bank, Ltd.

1. Qualitative information on the interim
int erim financial statements(1) Description of business performancebasis,, ordinary income increased byWith regard to the profit and loss situation on a consolidated basis¥ 6 . 243 billion compared with the corresponding period of the previous fiscal year, to ¥69¥ 69 . 434 billion
mainly due to an increase in i nterest income,income , reflecting an increase in interest on loans anddiscounts. Ordinary expenses increased by ¥ 1 . 891 b illion compared with the corresponding period of
the previous fiscal year,
year , to ¥40.458¥ 40.458 billion mainly due to in creases
crease s in f ees and commissions
payments and othero ther expenses.
expenses .
As a result, ordinary profit increased by ¥ 4 . 351 billion compared with the corresponding period
per iod of
the previous fiscal year, to ¥2¥ 2 8 . 975 billion . Profit
P rofit attributable to owners of parent increased by¥ 3 . 619 b illion compared with the corresponding period of the previous fiscal year, to ¥18¥ 18 . 989
billion.

(2) Description of financial position
With regard
reg ard to major accounts on a consolidated basis at the end of the period, the b alance of loans
and bills discounted increased by ¥ 46.740 billion from the position as of March 31, 2015, to¥ 3 , 057.
057 . 488 b illion mainly due to an increase in the balance of consumer
consume r loans
loan s (non(non - consolidated)consolida ted)
( \ 62.374 billion) .
The balance of securities decreased by \ 1.248 billion from the position as of March 31, 2015, to\ 227.504 billion.
The b alance of deposits
d eposits increased by ¥ 123.072 b illion from the position as of March 31, 2015, toto¥ 4 , 0 75.
75 . 918 b illion mainly due to an increase in the balance of individual deposits ( ¥ 94.302 billion)
billion ) .

(3) Description of forwardforward-looking information such as consolidated earnings forecasts
forecasts
ending016
There is no change in forecasts for the year end
ing March 31, 2201
01
6 from the figures published on August 5, 20152015.
<Consolidated>
Consolidated>(Unit: Millions of Yen)
Yen)
Fiscal year 2015
ending Mar.
Mar. 31, 2016
Ordinary income
134,500
Ordinary profit
53,400
Profit attributable to owners of parent
35,300<NonNon-consolidated>consolidated>(Unit: Millions
Millions of Yen)
Fiscal year 2015
ending Mar. 31, 2016
Ordinary income
Net operating profit

123,500
56,500Ordinary profit
Net income

52,50035,000

Actual credit costs

3,000(note) The description of future performance of this report is based on information
information which is presently available and certain
assumptions which are considered to be reasonable, and it does not guarantee future performance. Please take notethat actual performance may differ materially from the forecasts due to various factors.

－2－

SURUGA bank, Ltd.

2. Items regarding summary information (notes)(1)(1) Changes in accounting policies,
policies, accounting
accounting estimates, and restatements
The bank has applied the “Accounting Standard for Business Combinations” (ASBJ Statement
No. 21, September 13, 2013), “Accounting Standard
Stan dard for Consolidated Financial Statements”(ASBJ Statement No. 22, September 13, 2013), “Accounting Standard for Business Divestitures”(ASBJ Statement No.7, September 13, 2013) and other standards from the first half of fiscal year
2015, ending March 3 1 , 2016
201 6 . Accordingly, the accounting methods have been changed to record
the difference arising from changes in equity in subsidiaries which the bank continues to control
as capital surplus, and to record business acquisition costs as expenses for the fiscal year inwhich incurred. In addition, regarding business combinations occurring on or after April 1, 2015,
the accounting method has been changed to retroactively reflect adjustments to the amountallocated to acquisition costs arising from the finalization
finalizatio n of the provisional accounting treatment
on the consolidated financial statements of the period in which the business combination occurs.
Furthermore, presentation of net income and others has been changed and presentation ofminority interests has been changedc hanged to nonnon - controlling interests. In order to reflect the changes
in presentation of financial statements, reclassification was made accordingly in the quarterly
consolidated financial statements for the first half ended September 30, 2014 and theconsolidated
conso lidated financial statements for the fiscal year ended March 31, 2015.
The Accounting Standard for Business Combinations and other standards have been applied inaccordance with the transitional treatment set forth in Article 5858 - 2 (4) of the AccountingStandard
Sta ndard for Business Combinations, Article 44 - 5(4) of the Accounting Standard for Consolidated
Financial Statements and Article 5757 - 4 (4) of the Accounting Standard for Business Divestitures.
The bank has applied these standards prospectively from April 1, 2015.
20 15.
Those changes had no impact on the consolidated financial statements for the first half of fiscal
year 2015, ending March 31, 2016.

－3－

SURUGA bank, Ltd.

3. Interim consolidated financial statements(1) Interim consolidated balance sheets

As ofMar. 31, 2015
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
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 bonuses
Provision for directors' bonuses
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
Net assets
Capital stock
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
Subscription rights to shares
Non-controlling interests
Total net assets
Total liabilities and net assets－4－（Unit: Millions of Yen）
As of
Sep. 30, 2015

794,594
127,102
107
1,114
228,752
3,010,748
2,563
5,458
46,173
49,95430,743
6,288
440
3,620
△22,673
4,284,990

990,764
26,745
68
1,054
227,504
3,057,488
2,262
5,447
37,65850,15330,396
6,936
397
3,577
△21,658
4,418,798

3,952,846
2,535
3
25,847
707
140
249
3,099
327
342
3,142
3,620
3,992,862

4,075,918
2,195
5
27,318
710
244
3,205
211
359
242
3,577
4,113,989

30,04321,013229,924△16,110
264,870
21,673△101
3,613
25,185
112
1,959
292,1284,284,990

30,04321,082
246,184△16,062281,247
18,114△60
3,323
21,377
88
2,095
304,8094,418,798

SURUGA bank, Ltd.

(2) Interim consolidated statements of income and interim consolidated
statements of comprehensive income
Interim consolidated statements of income
For the six months
ended
Sep. 30, 2014
63,191
53,11851,587
1,043
6,240
2,212
1,620
38,567
1,966
1,932
6,753
1,765
24,654
3,427
24,624
20
0
20
630
630
24,015
8,167
416
8,584
15,43060
15,370Ordinary 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
Gain on reversal of subscription rights to shares
Extraordinary losses
Loss on disposal of non-current assets
Income before income taxes and minority interests
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent－5－（Unit: Millions of Yen）
For the six months
ended
Sep. 30, 2015
69,43458,912
55,372
2,983
6,427
2,909
1,184
40,458
2,234
2,179
7,476
1,816
24,544
4,387
28,97599321
32128,663
10,630△1,081
9,549
19,113124
18,989SURUGA bank, Ltd.

Interim consolidated statements of comprehensive income

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests－6－

For the six months
ended
Sep. 30, 2014
15,430（Unit: Millions of Yen）
For the six months
ended
Sep. 30, 2015
19,113

2,230
△14
△128
2,087
17,518△3,54740△290△3,797
15,316

17,441
77

15,180136

SURUGA bank, Ltd.

(3) Interim consolidated statements of changes in net assets
For the six months ended September 30, 2014
（Unit: Millions of Yen）
Shareholders'equity
Capitalstock
Balance at beginning ofcurrent period
Cumulative effects of changes
in accounting policies
Restated balance

Capitalsurplus30,043Retainedearnings

20,278

Total
shareholders'equityTreasuryshares203,340△16,626△2,04630,043

20,278237,035△2,046201,294△16,626

234,989

Changes of items during period
Dividends of surplus△2,247△2,247

Profit attributable toowners of parent

15,37015,370Purchase of treasury shares
Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
period

457

△37

△37

324

781

―

457

13,122286

13,86630,043

20,735

214,417△16,339

248,856

Accumulated other comprehensive income
Valuationdifference
on available-for-salesecurities
Balance at beginning ofcurrent period
Cumulative effects of changes
in accounting policies
Restated balance

10,955

Deferred
gains orlosses onhedges△13

Remeasurementsof defined
benefit plans

Total
accumulated
othercomprehensive
income1,617

12,560

Subscription
rights toshares406

Noncontrollinginterests

Total
net
assets

1,813

251,816△2,046

10,955△13

1,617

12,560406

1,813

249,770

Changes of items during period
Dividends of surplus△2,247

Profit attributable toowners of parent

15,370Purchase of treasury shares△37

Disposal of treasury shares781

Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
period

2,213

△14

△128

2,070

△192

77

1,955

2,213

△14

△128

2,070

△192

77

15,822

13,169△27

1,488

14,630214

1,891

265,592－7－

SURUGA bank, Ltd.

For the six months ended September 30, 2015
（Unit: Millions of Yen）
Share holders' equity
Capitalstock
Balance at beginning ofcurrent period

Capitalsurplus30,043Retainedearnings

21,013

Total
shareholders'equityTreasuryshares229,924△16,110

264,870

Changes of items during period
Dividends of surplus△2,728△2,728

Profit attributable toowners of parent

18,98918,989Purchase of treasury shares
Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
period

68

△5

△5

53

122

-

68

16,26048

16,37730,04321,082

246,184△16,062281,247

Accumulated other comprehensive income
Valuationdifference
on available-for-salesecurities
Balance at beginning ofcurrent period

21,673

Deferred
gains orlosses onhedges△101

Remeasurementsof defined
benefit plans

Total
accumulated
othercomprehensive
income3,613

25,185

Subscription
rights tosharesTotal
netassets

Noncontrollinginterests

112

1,959

292,128

Changes of items during period
Dividends of surplus△2,728

Profit attributable toowners of parent

18,989Purchase of treasury shares△5

Disposal of treasury shares

122

Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
period△3,55840△290△3,808△23

136△3,696△3,55840△290△3,808△23

136

12,68018,114△60

3,323

21,377

88

2,095

304,809－8－

SURUGA bank, Ltd.

(4) Note for the assumption of going concern
Not applicable.

－9－

SURUGA bank, Ltd.

4. Interim non-consolidated financial statements(1) Interim non-consolidated balance sheets

As ofMar. 31, 2015
AssetsCash and due from banks
Call loans
Trading account securities
Money held in trust
Securities
Loans and bills discounted
Foreign exchanges
Other assets
Other
Tangible fixed assets
Intangible fixed assets
Prepaid pension cost
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
Liabilities
Deposits
Foreign exchanges
Other liabilities
Income taxes payable
Lease obligations
Other
Provision for bonuses
Provision for directors' bonuses
Provision for retirement benefits
Provision for directors' retirement benefits
Provision for reimbursement of deposits
Provision for contingent loss
Deferred tax liabilities
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 non-current assets
General reserve
Retained earnings brought forward
Treasury shares
Total shareholders' equity
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Total valuation and translation adjustments
Subscription rights to shares
Total net assets
Total liabilities and net assets－ 10 －（Unit: Millions of Yen）
As of
Sep. 30, 2015

794,264
127,102
107
1,114
232,845
3,011,310
2,563
37,53637,536
48,61328,153
1,467
―
4,244
△17,268
4,272,054

990,115
26,745
68
1,054
231,5113,057,854
2,262
29,45429,454
48,72927,798
2,323
1,725
4,198
△15,868
4,407,974

3,959,197
3
19,915
9,918
590
9,407
670
140
484
3,095
327
342
1,181
4,244
3,989,603

4,081,976
5
22,267
10,239562
11,465
668
266
3,204
211
359
4,198
4,113,157

30,04320,097
18,585
1,511
227,248
30,043
197,205
57
103,032
94,115△16,110261,279
21,157△99
21,058112
282,450
4,272,054

30,043
20,166
18,5851,580
243,073
30,043
213,02957
103,032
109,939△16,062
277,220
17,565△57
17,507
88294,816
4,407,974

SURUGA bank, Ltd.

(2) Interim non-consolidated statements of income

For the six months
ended
Sep. 30, 2014
58,531
50,69749,181
1,031
5,830
183
1,820
34,671
1,956
1,933
6,791
49
23,193
2,681
23,86020
626
23,254
7,885
388
8,273
14,980Ordinary 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
Extraordinary losses
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income－ 11 －（Unit: Millions of Yen）
For the six months
ended
Sep. 30, 2015
63,92655,98652,459
2,970
5,954
849
1,136
36,029
2,228
2,179
7,487
32
22,9003,379
27,8969317
27,588
10,278△1,243
9,035
18,553

SURUGA bank, Ltd.

(3) Interim non-consolidated statements of changes in net assets
For the six months ended September 30, 2014
（Unit: Millions of Yen）
Shareholders' equity
Retainedearnings

Capital surplus
Capitalstock

Balance at beginning ofcurrent period
Cumulative effects of changes
in accounting policies
Restated balance

Other capitalsurplus

Legal capitalsurplus

Total capitalsurplus

Legal retained
earnings

30,043

18,585776

19,36230,04330,043

18,585776

19,36230,043457

457

Changes of items during period
Dividends of surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
period

―

―

457

457

―

30,043

18,585

1,233

19,81930,043

Shareholders' equity
Retained earnings
Other retained earnings
Reserve foradvanceddepreciationof non-current
assetsBalance at beginning ofcurrent period
Cumulative effects of changes
in accounting policies

Total
shareholders'equityTreasuryshares201,421△2,046△2,046

66,244

199,375

Dividends of surplus△2,247△2,247△2,247

Net income

14,98014,98014,98055

103,032

Total retained
earnings

68,291

Restated balance

55

Retainedearnings
brought
forwardGeneralreserve

103,032△16,626

234,200△2,046△16,626

232,154

Changes of items during period

Purchase of treasury shares

△37

△37

Disposal of treasury shares

324

781

Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
period――12,733

12,733286

13,47755

103,032

78,978212,108△16,339

245,632

Valuation and translation adjustments
Valuation
Total
Deferreddifference on
valuation andgains oravailabletranslation
losses on-for-salehedgesadjustments
securities
Balance at beginning ofcurrent period
Cumulative effects of changes
in accounting policies
Restated balance

10,614△12

10,602

Subscription
rights toshares

406

Total
net
assets245,210△2,046

10,614△12

10,602406

243,163

Changes of items during period
Dividends of surplus△2,247

Net income

14,980Purchase of treasury shares△37

Disposal of treasury shares781

Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
period

2,176

△15

2,160

△192

1,967

2,176

△15

2,160

△192

15,445

12,791△27

12,763

214258,609－ 12 －SURUGA bank, Ltd.

For the six months ended September 30, 2015
（Unit: Millions of Yen）
Shareholders' equity
Retainedearnings

Capital surplus
Capitalstock

Balance at beginning ofcurrent period
Changes of items during period
Dividends of surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
periodLegal capitalsurplus30,043

Other capitalsurplus18,585

Total capitalsurplus

Legal retained
earnings

1,511

20,09768

68

30,043

-

-

68

68

-

30,043

18,585

1,580

20,16630,043

Shareholders' equity
Retained earnings
Other retained earnings
Reserve foradvanceddepreciationof non-current
assetsBalance at beginning ofcurrent period
Changes of items during period
Dividends of surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
periodRetainedearnings
brought
forwardGeneralreserve

57

103,032

94,115

227,248△2,72818,553△2,72818,553

Total
shareholders'equityTreasuryshares△16,110261,279△553△2,72818,553
△5
122

-

-

15,824

15,82448

15,941

57

103,032

109,939

243,073△16,062

277,220

Valuation and translation adjustments
Valuation
Total
Deferreddifference on
gains orvaluation andavailabletranslation
losses on-for-salehedgesadjustments
securities
Balance at beginning ofcurrent period
Changes of items during period
Dividends of surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Net changes of items otherthan shareholders' equity
Total changes of items
during period
Balance at end of current
periodTotal retained
earnings

21,157△99

21,058Subscription
rights tosharesTotal
netassets112

282,450△2,72818,553△5
122△3,59241△3,551△23△3,575△3,59241△3,551△23

12,366

17,565△57

17,507

88294,816－ 13 －SURUGA bank, Ltd.

(4) Note for the assumption of going concern
Not applicable.
applicable.

5．Other item
item
(Final judgement)
Our Company has filed a lawsuit against IBM Japan to the Tokyo District Court on March 6, 2008, based upon thereasons that the project of the new main system development we outsourced to IBM Japan had fallen through due tothe fault of IBM Japan.
Tokyo District Court rendered the judgement on March 29, 2012, in which it ruled IBM Japan to pay ¥7.413 billion
and delinquent charges that was equivalent to the actual damage we suffered. IBM Japan appealed to the Tokyo High
Court on March 30,
30, 2012. The Tokyo High Court rendered the judgement on September 26, 2013, in which it ruled IBM
Japan to pay ¥ 4.172 billion and delinquent charges and dismissed the whole counterclaim by IBM Japan, the amount of
which was equivalent to ¥ 12.551 billion.
While the Company and IBM Japan had filed appeals and petitions for writs of certiorari to the Supreme Court, itdismissed all of the appeals and petitions on July 8, 2015. Accordingly, the above judgement of the Tokyo High Court
became final and the litigation
litigation ended.
The balance between the amount of the total payment by IBM Japan based upon the aforementioned finalized
other
ther
judgement and the amount of the recorded temporary payment and so forth related to the lawsuit is recorded in o
expenses (¥ 24 million)
million) as losses related to the lawsuit in the interim consolidated accounting period. And the amounton reversal caused by the realization of the unrealized profits, which have been eliminated in the intercompany
transactions related to the lawsuit is recorded
recorded in other income (¥(¥ 406 million) in the interim consolidated accounting
period.

－ 14 －