Tokyo TY Financial Group, Inc.
Listed Code: 7173
(URL: http://www.tokyo-tyfg.co.jp/)
Listed Stock Exchange: TSE1
May 12, 2017

Consolidated Financial Reportfor the Fiscal Year Ended March 31, 2017
<Under Japanese GAAP>
Representative: Keizo Ajioka, President
Responsible person for inquiries: Arihito Suito, General Manager, Corporate Planning Division
Telephone: +81-3-5341-4301
Date of Ordinary General Meeting of Shareholders: June 29, 2017
Date of submission of annual security report: June 29, 2017
Date to start dividend payment: June 12, 2017
Preparation of supplementary material on financial results: Yes
Holding of financial results presentation meeting: Yes(for institutional investors and securities analysts)
Note: Figures have been rounded down to the nearest million yen.

1. Consolidated Operating Performance for the Fiscal Year Ended March 31, 2017
(From April 1, 2016 to March 31, 2017)(1) Results in consolidated operations(Percentages represent year-on-year changes.)
Ordinary income

Profit attributable to owners ofparentOrdinary profit(¥ million)(%)(¥ million)(%)(¥ million)(%)

Fiscal year ended March 31, 2017

83,0924.4

8,322(42.4)

25,535

171.3

Fiscal year ended March 31, 2016

79,58322.3

14,453

22.3

9,412

(83.5)(Note) Comprehensive income:Fiscal year ended March 31, 2017: ¥23,355 million 877.1 %Fiscal year ended March 31, 2016: ¥2,390 million (96.6%)

Profit attributable toProfit attributable toowners of parent
owners of parent
per share (Diluted)
per share (¥)(¥)

Net income to
net assets (%)

Ordinary profit to
Ordinary profit toordinary income
total assets (%)(%)

Fiscal year ended March 31, 2017
830.61511.40
10.5
0.1
10.0
Fiscal year ended March 31, 2016
323.84311.894.6
0.2
18.1(Reference) Gain on equity-method investments:
Fiscal year ended March 31, 2017: ¥78 million
Fiscal year ended March 31, 2016: ¥189 million(Note) “Profit attributable to owners of parent” and “Comprehensive income” in the fiscal year ended March 31, 2017 include a ¥19,443
million gain on bargain purchase arising from the business integration with ShinGinko Tokyo, Limited.

(2) Consolidated financial position
Net assets to
Net assets
total assets ratio
per share(%)(¥)
As of March 31, 2017
5,577,306
283,357
5.0
7,476.05
As of March 31, 2016
5,112,540
203,216
3.9
6,982.00(Reference) Equity: As of March 31, 2017: ¥282,924 million
As of March 31, 2016: ¥202,882 million(Note) “Equity” consists of subscription rights to shares at the end of the fiscal year and non-controlling interests at the end of theperiod subtracted from net assets, and the “Net assets to total assets ratio” is calculated by dividing equity by total assets at the endof the fiscal year. Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio required for the Capital
Adequacy Ratio Notification (Financial Services Agency Notification No. 20 of 2006).
Total assets(¥ million)

Total net assets(¥ million)

Cash flow fromoperating activities(¥ million)

Cash flow frominvesting activities(¥ million)(3) Consolidated cash flows

Fiscal year ended March 31, 2017
Fiscal year ended March 31, 2016

(4,276)
105,708

Cash flow fromfinancing activities(¥ million)

91,712
12,757

Cash and cash
equivalents
at year-end(¥ million)(10,421)(11,794)

504,444
393,056

2. Dividends
Annual dividend per share (¥)

Total
dividends(full year)(¥ million)

Dividends ratio
to shareholders’equity(consolidated)(consolidated)(%)(%)
Payout ratio

First

SecondThird

Fiscalquarterquarterquarter

year-end

ended March 31, 2016

–

30.00

–

30.00

60.00

1,743

18.5

0.8

ended March 31, 2017

–

30.00

–

30.00

60.00

1,828

7.2

0.8

AnnualFiscal year

ending March 31, 2018 (Forecast)
–
30.00
–
30.00
60.00
61.6
(Note) “Dividends” above refers to dividends for common stock. With regard to dividends for class shares (unlisted) issued by theCompany with different rights than those of common stock, refer to “Dividend situation for class shares” below.

3. Forecast of Consolidated Operating Performance for the Fiscal Year Ending March 31, 2018
(From April 1, 2017 to March 31, 2018)(Percentages represent increases or decreases from the previous year for the full-year results and from the same quarter in the previous year for quarterly results.)

Ordinary profit

Second-quarter period (cumulative)
Full year

Profit attributable to ownersof parent

Profit attributable toowners of parent per share(¥ million)(%)(¥ million)

(%)

(¥)

3,000
5,000

(39.5)(39.9)

1,500
3,200

(93.6)(87.4)

45.36
97.28

* Notes(1) Changes in significant subsidiaries during the current period (Changes in specified subsidiaries
resulting in change in scope of consolidation): Yes
Included one subsidiary: ShinGinko Tokyo, Limited
Excluded subsidiaries: ___ (name of company(ies))(Note) Details are stated under “2. Overview of the Tokyo TY Financial Group” on page 4 of the Attached Materials.

(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period
financial statements after error corrections
a.
b.
c.
d.

Changes in accounting policies due to revisions to accounting standards: Yes
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement of prior period financial statements after error corrections: None
(Note) Details are stated under “(6) Changes in Accounting Policies, Changes in Accounting Estimates, andRestatements of Prior Period Financial Statements After Error Corrections” in “4. Consolidated Financial Statements andNotes” on page 13 of the Attached Materials.

(3) Number of shares issued (common stock)
a.

b.

c.

Total number of shares issued at the end of the period (including treasury stock)
March 31, 2017
30,650,115 shares
March 31, 2016
29,227,826 shares
Number of treasury stock at the end of the period
March 31, 2017180,598 shares
March 31, 2016
169,852 shares
Average number of shares during the period
Fiscal year ended March 31, 201730,476,792 sharesFiscal year ended March 31, 2016
29,064,426 shares(Note) “Total number of shares issued at the end of the period (including treasury stock)” for March 31, 2017, includes anincrease of 1,422,289 shares arising from the business integration with ShinGinko Tokyo, Limited.

(Reference) Non-consolidated Financial Statements
1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2017

(From April 1, 2016 to March 31, 2017)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Fiscal year ended March 31, 2017
Fiscal year ended March 31, 2016

Fiscal year ended March 31, 2017
Fiscal year ended March 31, 2016

Operating income

Operating profit(¥ million)(%)(¥ million)(%)(¥ million)(%)(¥ million)

(%)

3,241
2,927

10.7
22.8

2,213
2,196

0.7
7.9

2,169
2,034

6.6
0.4

2,126
1,961

8.4
0.2

Net income per share

Diluted net income
per share

(¥)

(¥)

62.52
67.47

43.10
66.85

Ordinary profit

Net income

(2) Non-consolidated financial position

As of March 31, 2017

Total assets(¥ million)

Total net assets(¥ million)

196,013

195,886

Net assets to total
assets ratio
(%)
99.8

Net assets
per share(¥)
4,616.37

141,996
136,903
96.3
4,709.77
As of March 31, 2016
(Reference) Equity:
As of March 31, 2017: ¥195,791 million
As of March 31, 2016: ¥136,856 million(Note) “Equity” consists of subscription rights to shares at the end of the fiscal year subtracted from net assets, and the “Net assets tototal assets ratio” is calculated by dividing equity by total assets at the end of the fiscal year. Note that this “Net assets to total assets
ratio” is not the net assets to total assets ratio required for the Capital Adequacy Ratio Notification (Financial Services Agency
Notification No. 20 of 2006).
* Consolidated financial statements are not subject to auditing.
* Disclaimer and special note for referring to the forecast of operating performance
Forward-looking statements concerning financial forecasts contained in these materials are based on information available when
the forecasts were made and certain assumptions judged to be reasonable. However, the Company makes no guarantee that these
forecasts will be achieved, and actual results may differ significantly from the forecasts due to a variety of factors.

* Dividend situation for class shares
The breakdown of dividend per share for class shares with different rights to those of common stock is as follows.
(First Series Class I preferred shares)
Dividend per share (¥)
Fiscal year ended March 31, 2016

First quarter

Second quarter

Third quarter

Fiscal year-end

Annual

–

–

–

–

–

Fiscal year ended March 31, 2017
–
69.44
–
127.64
197.08
Fiscal year ending March 31, 2018–
123.00–123.00246.00(Forecast)(Notes)1. Changes to the dividend forecast most recently announced: None
2. Because First Series Class I preferred shares were issued on June 24, 2016, no information is provided for the fiscal year ended
March 31, 2016.
3. Amount paid per share: ¥20,000
4. Computation used to calculate dividend per share(1) Fiscal year ended March 31, 2017(a) Computation
Dividend in first fiscal year = amount paid per share × annual dividend rate × 281 ÷ 365(*Calculated on a per diem basis for the period from the issue date of June 24, 2016 to March 31, 2017.)(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 1.1%(*Annual dividend rate: Figures less than % are calculated to three decimal places with the third decimal place rounded off
to the second decimal place.)(c) Japanese yen TIBOROn April 1, 2016, the Japanese yen TIBOR (12-month maturity) = 0.18364%(d) Shares issued
750,000(2) Fiscal year ending March 31, 2018 (Forecast)(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 1.1%(*Annual dividend rate: Figures less than % are calculated to three decimal places with the third decimal place rounded off
to the second decimal place.)(c) Japanese yen TIBOROn March 31, 2017, the Japanese yen TIBOR (12-month maturity) = 0.12818%(d) Shares issued
750,000(Class II preferred shares)
Dividend per share (¥)
Fiscal year ended March 31, 2016

First quarter

Second quarter

Third quarter

Fiscal year-end

Annual

–

–

–

–

–

Fiscal year ended March 31, 2017–18.364–18.36436.728
Fiscal year ending March 31, 2018–12.818–12.81825.636(Forecast)(Notes)1. Changes to the dividend forecast most recently announced: None
2. Because Class II preferred shares were issued on April 1, 2016, no information is provided for the fiscal year ended March 31,
2016.
3. Amount paid per share: ¥20,000
4. Computation used to calculate dividend per share(1) Fiscal year ended March 31, 2017(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 0.0%(c) Japanese yen TIBOROn April 1, 2016, the Japanese yen TIBOR (12-month maturity) = 0.18364%(d) Shares issued
2,000,000(2) Fiscal year ending March 31, 2018(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 0.0%(c) Japanese yen TIBOROn March 31, 2017, the Japanese yen TIBOR (12-month maturity) = 0.12818%(d) Shares issued
2,000,000

Attached Materials
Index
1. Overview of Operating Results etc.
(1) Overview of Operating Results and Financial Position for the Consolidated Fiscal Year Ended March 31, 2017 ···2(2) Projection ···························································································································

3(3) Basic Policy for Profit Distribution and Dividends for This Term and the Next Term ······································

4

2. Overview of the Tokyo TY Financial Group ·····················································································

4-5

3. Basic Views on Selection of Accounting Standards ·············································································

6

4. Consolidated Financial Statements and Notes(1) Consolidated Balance Sheets ·····································································································

7(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income ·························

8-9(3) Consolidated Statements of Changes in Net Assets ···········································································

10 - 11(4) Consolidated Statements of Cash Flows ························································································

12(5) Notes on Premise of Going Concern ····························································································

13(6) Changes in Accounting Policies, Changes in Accounting Estimates, and Restatements ofPrior Period Financial Statements After Error Corrections···································································

13(7) Additional Information ············································································································

13(8) Notes to Consolidated Financial Statements ···················································································

13 – 16(Reference)Trust asset balance table ·································································································

16

5. Non-consolidated Financial Statements and Notes(1) Non-consolidated Balance Sheets ·······························································································

17(2) Non-consolidated Statements of Income ·······················································································

18(3) Non-consolidated Statements of Changes in Net Assets······································································

19(4) Notes on Premise of Going Concern ····························································································

19

6. (Reference) Overview of Major Consolidated Subsidiary Operating Performance(1) Non-consolidated Financial Statements (The Tokyo Tomin Bank, Limited) ··············································

20 - 23(2) Non-consolidated Financial Statements (The Yachiyo Bank, Limited) ····················································

24 - 27(3) Non-consolidated Financial Statements (ShinGinko Tokyo, Limited) ·····················································

28 - 30* Financial Results for the Fiscal Year Ended March 31, 2017 Supplementary Information11. Overview of Operating Results etc.
(1) Overview of Operating Results and Financial Position for the Consolidated Fiscal Year Ended
March 31, 2017
(Overview of operating results for the consolidated fiscal year ended March 31, 2017)
The Company made ShinGinko Tokyo a subsidiary on April 1, 2016, through business integration
using share exchanges. Leveraging the advantage of having the largest branch network in Tokyo of any
regional financial institution, consisting of 124 branches in the Tokyo Metropolis and over 160 branches
in the Tokyo metropolitan area, and through coordinated measures with the Tokyo Metropolitan
Government and related organizations, the Group is committed to responding to the various needs ofsmall and medium-sized enterprises (SMEs) and individuals in the Tokyo metropolitan area.
Looking back at the Japanese economy during the consolidated fiscal year ended March 31, 2017, agentle recovery continued, with improvements in corporate profitability and the employment
environment as well as signs of a rebound in personal consumption against the backdrop of the stock
market rally since late 2016, among other factors. The pace of the recovery, however, was slow andlagging in some areas of the economy as uncertainty about the future made consumers conscious in
defending their livelihood. Looking ahead, concerns are mounting over the impact notably of politicaland economic conditions in the U.S., Europe, and Asia on the Japanese economy.
In the Tokyo Metropolis where the Group has its principal operational base, the business environmentfor SMEs saw stagnant trends, such as leveling off of inbound tourist demand reflecting a slowdown in
the growth of foreign visitors to Japan amidst the yen’s appreciation since the start of the year.
Additionally, the shortage of labor, which is widely felt, is becoming a serious issue as well for these
SMEs. On the bright side, the recovery trend continued with support from factors such as a boost in
demand associated with the 2020 Olympic and Paralympic Games in Tokyo, as well as redevelopment
projects in Tokyo gaining momentum, shoring up expectations for the future.
In this environment, consolidated ordinary income for the fiscal year ended March 31, 2017, came to¥83 billion, rising ¥3.5 billion year on year. Ordinary expenses rose by ¥9.6 billion over the previous
year to ¥74.7 billion, resulting in ordinary profit of ¥8.3 billion, down ¥6.1 billion year on year.
Furthermore, as a result of a gain on bargain purchase of ¥19.4 billion due to the business integration
with ShinGinko Tokyo, which was recorded under extraordinary income, profit attributable to owners ofparent grew by ¥16.1 billion compared to the previous consolidated fiscal year to ¥25.5 billion.
(Overview of financial position for the consolidated fiscal year ended March 31, 2017)
As of March 31, 2017, total assets amounted to ¥5,577.3 billion, up ¥464.7 billion from the end of theprevious fiscal year, and net assets stood at ¥283.3 billion, a ¥80.1 billion increase from the end of theprevious fiscal year.
With respect to major account balances, deposits increased ¥215.3 billion from the end of theprevious fiscal year to ¥4,717.5 billion, and loans and bills discounted increased ¥261.4 billion from theend of the previous fiscal year to ¥3,621.3 billion, while securities increased ¥71 billion from the end of
the previous fiscal year to ¥1,281.1 billion.
(Overview of cash flow for the consolidated fiscal year ended March 31, 2017)
During the fiscal year ended March 31, 2017, cash flows from operating activities saw a net outflow
of ¥4.2 billion attributable largely to expenditures resulting from a net increase in loans and bills
discounted, and a net decrease in deposits. In investing activities, while cash was used in purchases of
securities, net cash of ¥91.7 billion was provided due largely to proceeds from sale and redemption of
securities. Net cash used in financing activities was ¥10.4 billion, which includes redemption ofsubordinated bonds. As a result, cash and cash equivalents at the end of the fiscal year ended March 31,
2017, were ¥504.4 billion, an increase of ¥111.3 billion from the end of the previous fiscal year.

2(2) Projection
The forecast of the consolidated operating performance for the fiscal year ending March 31, 2018, is
as follows.
Ordinary income of ¥5 billion
Profit attributable to owners of parent of ¥3.2 billion
The forecast described above represents the judgment of management based on information currently
available, and may include uncertainties. Actual results may differ from the above due to changes incircumstances.
The Group believes that its commitment to further develop its customer-oriented operational structure,enhance its capability to respond to customers’ challenges and requests, and deepen its professional andsophisticated consulting services, with a view to performing high quality financial intermediaryfunctions, will lead to securing a stable customer base and revenue stream, and form a business modelthat allows customers, the community and the Group to share sustained development and growth. With
this in mind, we will strive to improve customer satisfaction and set firmly in place a customer-oriented
operational structure by providing our customers with information and advice through enhanced qualityof contacts with our customers and better understanding of their real needs. The main measures are as
follows.
(1) Develop a group-wide consulting business from the standpoint of customer-oriented approach and,by providing highly professional advice through the Kiraboshi Consulting Co., Ltd., which wasestablished in April 2017, increase the added value that we provide to our customers and improve
the quality of the Group’s financial services.
(2) Step up our efforts in providing customers with support in corporate management and mainstay
operations based on intellectual assets management support, business feasibility assessments, etc.
(3) Strengthen our support structure for fostering SMEs, supporting founders and entrepreneurs
through enhanced collaboration with the local governments of Tokyo, Kanagawa and otherprefectures and their related organizations. Implement mainstay operations support and otherinitiatives in collaboration with Jimoto Holdings Inc. and Senshu Ikeda Holdings, Inc.
In the implementation of the above measures, we will strive to promote further development ofcustomer-oriented operational structure by enhancing customer contacts and ensuring that the sales
process is reflected more heavily in performance evaluation.
Meanwhile, the following rationalization measures will be implemented ahead of the merger of thethree banks.
(1) Streamline business management structure by consolidating parts of IT system-related divisions
and market operations-related divisions in the Shinjuku Office (Yachiyo Bank’s Head Office), theformer in February 2017 and the latter in April 2017. The rest of the headquarters administrative
functions will for the most part be integrated by division and located in either the Shinjuku or
Aoyama offices on the occasion of the completion of the new Aoyama Head Office this summer.
(2) Improve operational efficiency by consolidating the two existing operation centers into a central
operation center that will be opened in the same building as Yachiyo Bank’s Takinogawa Branch
in July 2017.
(3) Build an efficient operational structure and branch management framework through the creation of
branch offices and other measures, including setting up joint branch offices, the first case being thelaunch, in March 2017, of the joint office of Yachiyo Bank’s Nishi Rokugo Branch and Tokyo
Tomin Bank’s Kamata Branch.
The Group will implement the following medium- to long-term initiatives to enhance its management
structure in conjunction with the merger.
(1) Rebuild the branch network through phased implementation of measures that include revamping 30
to 40 of the existing branches into a lighter structure, such as by setting up branch in branch
offices, joint offices, and offices catering specifically to corporate or individual customers, as well
as setting up new offices in areas that are not currently covered.

3(2) In IT systems consolidation of both core and sub systems, significant cost reduction will be soughtby consolidating the core system of ShinGinko Tokyo with that of Tokyo Tomin Bank at the timeof the consummation of the merger in May 2018, which will then be connected with the coresystem of Yachiyo Bank by means of a relay system. Subsequently, the core system of Yachiyo
Bank will be integrated into that of Tokyo Tomin Bank, planned for fiscal 2020. Other
sub-systems will also be integrated in due course.
(3) Streamline headquarter staff headcount by improving the efficiency of headquarter functions
through the reorganization and consolidation of overlapping operations created as a result of themerger. Additionally, sales staff will be reassigned as appropriate to strengthen thecustomer-oriented operational structure.
(3) Basic Policy for Profit Distribution and Dividends for This Term and the Next Term
The Company’s basic policy is to work to maintain a sound financial position through sufficient andrelevant internal reserves in consideration of its public nature as a bank holding company, while
prioritizing returns to shareholders as an important management issue as it provides ongoing and stabledividends.
In consideration of this policy, the Company will pay out dividends of ¥60 per share (an interim
dividend of ¥30 and a year-end dividend of ¥30) for the fiscal year ended March 31, 2017. For First
Series Class I preferred shares, in accordance with the provisions of the Articles of Incorporation, anannual dividend of ¥197.08 per share (an interim dividend of ¥69.44 and a year-end dividend of¥127.64) will be paid. For Class II preferred shares, likewise in accordance with the provisions of the
Articles of Incorporation, an annual dividend of ¥36.728 per share (an interim dividend of ¥18.364 anda year-end dividend of ¥18.364) will be paid.
Note that an annual dividend of ¥60 per share of common stock (an interim dividend of ¥30 and a
year-end dividend of ¥30) is scheduled for the fiscal year ending March 31, 2018, based on the policy
described above. For First Series Class I preferred shares, in accordance with the provisions of the
Articles of Incorporation, an annual dividend of ¥246 per share (an interim dividend of ¥123 and a
year-end dividend of ¥123) will be paid. For Class II preferred shares, also in accordance with theprovisions of the Articles of Incorporation, an annual dividend of ¥25.636 per share (an interim
dividend of ¥12.818 and a year-end dividend of ¥12.818) will be paid.
2. Overview of the Tokyo TY Financial GroupThe Group (the Company and the Company’s affiliates) is composed of the Company, twelve
consolidated subsidiaries, and two affiliates (equity-method affiliate), and is engaged in business related
to financial services with a focus on banking services.
The Group’s only reporting segment is banking services, and the roles related to the Group’sbusinesses are as follows.
[Banking services]
The Tokyo Tomin Bank, Limited and The Yachiyo Bank, Limited provide services that include
deposit services, loan services, domestic exchange services, foreign exchange services, trading accountsecurities services, and securities investment services, which are positioned as the core businesses of theGroup through head offices, branches, etc. located in a business area centered around the Tokyo
Metropolis and the northeast of Kanagawa Prefecture. ShinGinko Tokyo, Limited provides services that
include deposit services, loan services, trust services, domestic exchange services, and securities
investment services in a business area centered around the Tokyo Metropolis.
The banking services of the three banks are the core business of our Group.
In addition, two consolidated subsidiaries operate credit guarantee businesses.
[Others]
The other seven consolidated subsidiaries and two affiliates (equity-method affiliate) are engaged inservices ancillary to banking services such as computer-related services, information provision services,and credit card services, and work together with the Company to support the financial needs ofcustomers.
4

The diagram on the following page illustrates the business portfolio, as described above.
(As of March 31, 2017)
Bankingbusiness

Head office, 72 branches, 5 offices
Tomin Credit Guarantee Co., Ltd.
(Guarantee operations including housing loans)(Domestic consolidated subsidiary)
Tomin Computer System Co., Ltd.
(Commissioning of information processing work forcomputer calculations, commissioning of operations andmanagement of computer rooms)(Domestic consolidated subsidiary)
Tomin Management Research Institute Co., Ltd.
(Consultation services concerning management, household
budgets, real estate, etc. for local companies and local
residents, acquisition, holding, and trading of securities)(Domestic consolidated subsidiary)
Tomin Card Co., Ltd.
(Credit card services)(Domestic consolidated subsidiary)

The Tokyo
Tomin
Bank,
Limited(Consolidated
subsidiary)

Other

Tomin Business Consulting Shanghai Co., Ltd.
(Corporate management consulting services,trade information consulting services, investment consulting
services)(Overseas consolidated subsidiary)Tokyo TY Leasing Co., Ltd.
(General leasing business)(Domestic equity-method affiliate)
Tokyo TY
Financial
Group, Inc.

The
YachiyoBank,
LimitedBankingbusiness

Head office, 79 branches, 5 offices
Yachiyo Credit Guarantee Co., Ltd.
(Guarantee operations including housing loans)(Domestic consolidated subsidiary)(Consolidated
subsidiary)

Yachiyo Service Co., Ltd.
(Building cleaning, maintenance, and management work;
procurement and management work for advertisingequipment, etc.)(Domestic consolidated subsidiary)
Yachiyo Business Service Co., Ltd.
(Email, bill collection, concentrated administrative services)(Domestic consolidated subsidiary)

Other

Yachiyo Bank Credit Service Co., Ltd.
(Credit card services)(Domestic consolidated subsidiary)
ShinGinko
Tokyo,
LimitedBankingbusiness

Head office(Consolidated
subsidiary)
Sky Ocean Asset Management Co., Ltd.
(Investment trust management business)(Domestic equity-method affiliate)

Other

Notes:
1.
Due to a business integration through an exchange of common stock, ShinGinko Tokyo, Limited became a consolidated
subsidiary of the Company on April 1, 2016.
2.
On September 16, 2016, Sky Ocean Asset Management Co., Ltd., became a new equity-method affiliate of the Company.
3.
Effective April 3, 2017, Tomin Management Research Institute Co., Ltd., a subsidiary of The Tokyo Tomin Bank Limited, wasmade a direct fully-owned subsidiary of the Company and changed its trade name to Kiraboshi Consulting Co., Ltd.

5

3. Basic Views on Selection of Accounting Standards
Over the near term, the Group will prepare its consolidated financial statements based on J-GAAP,
because the Group’s business activities are focused on Japan and to ensure that consolidated financial
statements can be compared across time.
In terms of the application of International Financial Reporting Standards (IFRS), an appropriate
response will be made in consideration of circumstances in Japan and overseas.

6

4. Consolidated Financial Statements and Notes(1) Consolidated Balance Sheets(¥ million)
As of March 31, 2016

As of March 31, 2017

AssetsCash and due from banks
Call loans and bills bought
Monetary claims bought
Trading account securities
Securities
Loans and bills discounted
Foreign exchanges
Other assets
Tangible fixed assets
Buildings
Land
Leased assets
Construction in progress
Other tangible fixed assets
Intangible fixed assets
SoftwareLeased assets
Other intangible fixed assets
Deferred assets
Net defined benefit assets
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets

405,539
43,6004,202
658
1,210,097
3,359,919
6,531
29,25853,217
13,07434,547
1,101
2,226
2,266
2,039
1,441
198
399
56
8,647
7,035
5,860
(24,122)
5,112,540

515,886
3,987
45,724794
1,281,164
3,621,372
7,584
42,61756,085
12,90934,547
1,252
5,274
2,100
1,903
1,106
143
653
－
14,125
7,823
7,880(29,644)5,577,306

4,502,192
34,206－
293,327
7,425
68
16,0005,000
35,803
2,038
5,530
85
53
14
988
－
659
55
14
5,860
4,909,324

4,717,562
21,34040,706361,309
103,416
936－－
30,150
2,213
4,453
110
57
10
1,010
200
675
1,902
14
7,880
5,293,949

20,00099,58580,913(594)
199,905
8,390
6
(209)
11
(5,221)
2,977
46
286
203,216
5,112,540

27,500150,733
104,574(632)
282,175
3,166
－
(209)
8
(2,216)748
95
337
283,357
5,577,306

Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldPayables under securities lending transactions
Borrowed money
Foreign exchange
Bonds payable
Bonds with subscription rights to shares
Other liabilities
Reserve for employee bonuses
Net defined benefit liabilities
Reserve for directors’ retirement benefits
Reserve for point card certificates
Reserve for loss on interest repayments
Reserve for loss on dormant deposit repayments
Provision for loss on cancellation of system contracts
Provision for contingent loss
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities

Net Assets
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Net unrealized gain on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustment
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

7

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income

Year ended
March 31, 2016
79,58355,84045,740
9,060
204
－
311
523
－
15,832
4,899
3,011
528
2,482
65,129
3,623
2,147
27
0
664
131
488
107
56
3,424
363
54,269
3,448
1,103
2,345
14,453
391
258
132
－
293
171
122
－
14,551
2,475
2,638
5,113
9,437
24
9,412

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans and bills boughtInterest on receivables under securities borrowing transactions

Interest on deposits with banks
Other interest income
Trust fees
Fees and commissions
Other operating income
Other ordinary income
Gain on recovery of write-off claims
OthersOrdinary expenses
Interest expenses
Interest on deposits
Interest on negotiable certificates of deposit
Interest on call money and bills soldInterest on payables under securities lending transactions

Interest on borrowed money
Interest on corporate bonds
Interest on corporate bonds
Other interest expenses
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Provision of allowance for loan losses
Other ordinary expenses
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Gain on state subsidies, etc. received
Gain on bargain purchase
Extraordinary losses
Loss on disposal of fixed assets
Provision for special account for advanced depreciation of fixed assets

Provision of loss on cancellation of system contracts
Profit before income taxes
Income tax – current
Income tax – deferred
Total income taxes
ProfitProfitProfit attributable to owners of parent

8(¥ million)
Year ended
March 31, 2017
83,092
58,88945,992
11,570
77
0
324
924
61
16,165
5,301
2,675
186
2,488
74,770
3,793
2,078
5
26
1,219
128
225
53
55
3,540
1,815
59,976
5,643
2,419
3,224
8,322
19,6055
156
19,443
478
278
－
200
27,450
1,997
(120)
1,876
25,57438
25,535

Consolidated Statements of Comprehensive Income

9,437(7,046)(1,284)4
0(5)(5,654)
(108)
2,390

(¥ million)
Year ended
March 31, 201725,574(2,218)(5,318)
(6)
－
(3)
3,005
104
23,3552,363
26

23,30648

Year ended
March 31, 2016
ProfitOther comprehensive income
Net unrealized gain on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Share of other comprehensive income of entities accounted for using equity method

Comprehensive income(Breakdown)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests9(3) Consolidated Statements of Changes in Net Assets(Year ended March 31, 2016)(¥ million)
Shareholders’ equity
Common stock

Capital surplus

Retained earnings

20,00099,60773,245

Balance at beginning of the year

Total shareholders’equityTreasury stock(544)

192,308

Changes of items during the reporting period
Dividends of surplus(1,744)(1,744)

Profit attributable to owners of parent

9,412

9,412

Acquisition of treasury stock0

Disposition of treasury stock

(52)

(52)

2

2
(21)

(21)

Change in interest in subsidiaries
Net changes of items other than shareholders’equity during the reporting period
－

(21)

7,668

(50)

7,596

20,00099,58580,913(594)

199,905

Total changes of items during the reporting period
Balance at end of period

Accumulated other comprehensive income

Balance at beginning of the year

Net unrealized
gain onavailable-forsale securities

Deferred gains
or losses onhedges9,7842Foreign currency Remeasurements
Revaluationtranslationof definedreserve for land
adjustment
benefit plans

(210)

17

432

Total
accumulated
othercomprehensive

10,026

Subscription
Nonrights tocontrollingsharesinterests

Total net
assets－

202,580

245

Changes of items during the reporting period
Dividends of surplus(1,744)

Profit attributable to owners of parent

9,412

Acquisition of treasury stock(52)

Disposition of treasury stock

2

Change in interest in subsidiaries(21)

Net changes of items other than shareholders’equity during the reporting period(1,393)

4

Total changes of items during the reporting period(1,393)

4

Balance at end of period

8,390

6

0

41

(5)

(5,654)(7,048)

46

0

(5)

(5,654)(7,048)

46

41

636

(209)

11

(5,221)

2,977

46

286

203,216

10(6,960)(Year ended March 31, 2017)(¥ million)
Shareholders’ equity
Common stock

Capital surplus

Retained earnings

20,00099,58580,913

Balance at beginning of the year

Total shareholders’equityTreasury stock(594)

199,905

Changes of items during the reporting period
7,500

Issuance of new shares
Increase (decrease) by share exchanges

7,500

15,00043,71943,719Dividends of surplus(1,874)(1,874)

Profit attributable to owners of parent

25,53525,535Acquisition of treasury stock0

Disposition of treasury stock

(47)

(47)

9

10
(72)

(72)

Change in interest in subsidiaries
Net changes of items other than shareholders’equity during the reporting period
Total changes of items during the reporting period

7,500

51,147

23,660(37)

82,270

Balance at end of period

27,500150,733

104,574(632)

282,175

Accumulated other comprehensive income

Balance at beginning of the year

Net unrealized
gain onavailable-forsale securities

Deferred gains
or losses onhedges

Revaluation
reserve for land

8,390

6

(209)

Foreign currency Remeasurements
translationof definedadjustment
benefit plans

11(5,221)

Total
accumulated
othercomprehensive

2,977

NonSubscription
controllingrights tointerests
shares46286

Total net
assets203,216

Changes of items during the reporting period
Issuance of new shares

15,000

Increase (decrease) by share exchanges

43,719Dividends of surplus(1,874)

Profit attributable to owners of parent

25,535Acquisition of treasury stock(47)

Disposition of treasury stock

10

Change in interest in subsidiaries(72)

Net changes of items other than shareholders’equity during the reporting period(5,224)

(6)

－

(3)

3,005

(2,229)49

50(2,129)Total changes of items during the reporting period(5,224)

(6)

－

(3)

3,005

(2,229)49

50

80,140

Balance at end of period

3,166

－

(209)

8

(2,216)

748

95

337

283,35711

(4) Consolidated Statements of Cash Flows(¥ million)
Year ended
March 31, 2017

Year ended
March 31, 2016
Cash flows from operating activities
Profit before income taxes
Depreciation
Retirement benefit expenses
Gain on bargain purchase
Share profit of entities accounted for using equity method
Increase (decrease) in reserve for possible loan losses
Increase (decrease) in reserve for employee bonuses
Decrease (increase) in net defined benefit assets
Increase (decrease) in net defined benefit liability
Increase (decrease) in reserve for directors’ retirement benefits
Increase (decrease) in reserve for point card certificates
Increase (decrease) in reserve for loss on interest repayments
Increase (decrease) in reserve for loss on dormant deposit repayments
Increase (decrease) in provision for loss on cancellation of system contracts
Increase (decrease) in reserve for contingent loss
Gain on fund management
Financing expenses
Gain (loss) on securities
Foreign exchange losses (gains)
Net loss (gain) on disposal of fixed assets
Provision for special account for advanced depreciation of fixed assets
Gain on state subsidies, etc. received
Net increase (decrease) in trading account securities
Net (decrease) increase in loans and bills discounted
Net increase (decrease) in deposits
Net increase (decrease) in negotiable certificates of deposit
Net increase (decrease) in borrowed money(excluding subordinated loans)
Net decrease (increase) in deposit(excluding deposit paid to Bank of Japan)
Net (decrease) increase in call loans
Net increase (decrease) in call money
Net increase (decrease) in payables under securities lending transactions
Net decrease (increase) in foreign exchange (assets)
Net increase (decrease) in foreign exchange (liabilities)
Proceeds from fund management
Payments for finance
Other
Subtotal
Income taxes paid
Income taxes refund
Net cash provided by (used in) operating activities

14,551
3,485
(216)
－
(189)
(4,791)
(36)
2,130
2,204
(51)
2
(0)
144
－
(80)
(55,840)
3,623(2,984)
19,144
(87)
122
(132)
(51)
(65,117)
10,886
7,168

27,4503,023
830(19,443)
(78)
(454)
37
(5,478)(1,215)
24
4
(3)
21
200
(5)
(58,889)
3,793(2,544)(8,308)
272
－
(156)
(136)
(38,866)(78,076)(12,866)15(2,009)(33)(15,852)－
152,450
1,200(70)
57,631(3,845)(16,436)
108,940(3,544)
312
105,708

1,860
29,81940,706
67,982(1,053)867
60,717(4,354)(5,554)(1,881)(2,745)350(4,276)(657,580)
577,21494,063(1,408)
(41)
534
(260)
－
234
12,757(556,723)
362,521291,314(4,467)
(171)
42
(758)
(103)
58
91,712－(9,600)－(1,747)(6)(52)
2(2,000)(21,000)
14,881(1,877)
(54)
(47)
10

－

(52)

－
(390)
(11,794)0
106,671
286,385－
393,05681(363)(10,421)
4
77,018393,056
34,369504,444

Cash flows from investing activities
Purchase of securities
Proceeds from sales of securities
Proceeds from redemption of securities
Purchase of tangible fixed assets
Retirement of tangible fixed assets
Proceeds from sales of tangible fixed assets
Purchase of intangible fixed assets
Payments for investments in capital
Proceeds from state subsidies, etc.
Net cash provided by (used in) investing activities

Cash flows from financing activities
Decrease in subordinated borrowings
Redemption of subordinated bonds
Proceeds from issuance of common shares
Cash dividends paid
Dividends paid to non-controlling interests
Purchase of treasury shares
Proceeds from sale of treasury stock
Payments from changes in ownership interests in subsidiaries
that do not result in changes in scope of consolidation
Proceeds from changes in ownership interests in subsidiaries
that do not result in changes in scope of consolidation
Repayments of lease obligations
Net cash provided by (used in) financing activities

Effect of exchange rate changes on cash and cash equivalents
Net change in cash and cash equivalents
Cash and cash equivalents at beginning of year
Increase in cash and cash equivalents due to share exchanges
Cash and cash equivalents at end of year12(5) Notes on Premise of Going Concern
Not applicable.
(6) Changes in Accounting Policies, Changes in Accounting Estimates, and Restatements of Prior Period
Financial Statements After Error Corrections(Application of the Practical Solution on a Change in Depreciation Method Due to Tax Reform 2016)
Accompanying a change in the Corporation Tax Act, the Practical Solution on a Change in Depreciation
Method Due to Tax Reform 2016 (ASBJ Practical Issues Task Force No. 32, issued June 17, 2016) has been
applied to the current accounting period, and the depreciation method for building-attached facilities andstructures acquired from April 1, 2016, have been changed from a fixed-rate method to a straight-line method.
Note that this change has not caused a material impact on ordinary profit or profit before income taxes for thecurrent accounting period.
(7) Additional Information
The Implementation Guidance on Recoverability of Deferred Tax Assets (Corporate Accounting Standards
Guidance, March 28, 2016) has been applied from the current accounting period.
(8) Notes to Consolidated Financial Statements(Related to Business Combinations, etc.)
1. Summary of business combination through acquisition(1) Name, nature, and scale of business of acquired company
Name of acquired company
ShinGinko Tokyo, Limited
Nature of businessBanking
Capital¥20,000 million(2) Reason for conducting business combination
The Company and ShinGinko Tokyo have both utilized their respective strengths as regional financial
institutions in the Tokyo metropolitan area to facilitate local financing and contribute to the development ofregional economies. However, both companies share the same management goal of supporting small andmedium-sized enterprises, and business integration will enable the two companies to truly perform their role
as regional financial institutions in the Tokyo metropolitan area, and can also be expected to generatesynergistic effects, for which reasons we implemented the business integration.
(3) Date of business combination
April 1, 2016(4) Legal form of the business combination
Share exchange(5) Name of company after combination
No change in name of the company after combination(6) Ratio of voting rights acquired
100%(7) Grounds for determining acquiring company
As a result of a comprehensive assessment of the determining factors laid out in the Accounting Standard
for Business Combinations and other factors, it was determined that the Company should be the acquiring
company.
2. Period of results for acquired company included in the consolidated statements of income for current
accounting period
April 1, 2016 to March 31, 201713

3. Breakdown of acquisition cost of the acquired company and type of consideration
Consideration for acquisition: Common stock of the Company allotted on date of business combination
Preferred stock of the Company allotted on date of business combination
Acquisition cost

¥3,719 million¥40,000 million¥43,719 million

4. Share exchange ratio by class of shares, method of calculation, and number of shares allotted(1) Share exchange ratio by class of shares
1. 0.24 shares of the Company’s common stock for every 1 share of ShinGinko Tokyo’s common stock
2. 1 share of ShinGinko Tokyo’s preferred stock for every 1 share of the Company’s preferred stock(2) Share exchange ratio calculation
Multiple financial advisors were requested to calculate the share exchange ratio as third-party appraisers,
and the calculation was decided through discussions among the involved parties with reference to thesereports.
(3) Number of shares allotted
Common stock 1,422,289 shares
Preferred stock 2,000,000 shares
5. Content and amount of major acquisition related expenses
Compensation, commissions, etc. for advisory services¥144 million

6. Amount and cause of gain on bargain purchase(1) Amount of gain on bargain purchase¥19,443 million(2) Causes of gain
Because the acquisition price was less than the net amount allocated to the assets received and theliabilities assumed, the difference was recognized as a gain on bargain purchase.
7. Amount and breakdown of the assets received and the liabilities assumed on the business combination date(1) Amount of assets
Total assets¥463,533 million
Of which, loans¥222,587 million
Of which, securities¥175,000 million
Of which, reserve for possible loan losses(¥5,976 million)(2) Amount of liabilities
Total liabilities¥400,370 million
Of which, deposits¥293,445 million(Segment information)
The Group’s only reporting segment is the banking business. Note that while the Group conducts businesses
other than the banking business, including a computer-related service business, an information provision service
business, and credit card services, this information has been omitted because the ratio of these businesses to all
segments is not material.
(Per Share Information)
Reporting period(Year ended March 31, 2017)
Net assets per share¥

7,476.05

Profit attributable to owners of parent per share¥

830.61

Profit attributable to owners of parent per share (Diluted)¥

511.4014Notes:1. The calculation basis for net asset amount per share is as follows.
Reporting period(As of March 31, 2017)
Total net assets(¥ million)

283,357

Amount deducted from total net assets(¥ million)

55,565Paid-in amount of preferred stock(¥ million)

55,000Cash dividends on preferred stock(¥ million)

132

Subscription rights to shares(¥ million)

95

Non-controlling interests(¥ million)

337

Net asset amount for common stock at the year-end(¥ million)

227,791

Thousand shares

30,469Number of shares of common stock at the year-end used for calculating
net asset amount per share

2. The following is the basis for calculating the amount of net income per share and the amount of diluted net income per share for thereporting period.
Reporting period(Year ended March 31, 2017)
Profit attributable to owners of parent per share
Profit attributable to owners of parent
Amount not belonging to common stock
Cash dividends on preferred stock
Profit attributable to owners of parent in relation to common stock
Weighted-average shares of common stock during the period
Profit attributable to owners of parent per share (diluted)
Profit attributable to owners of parent adjustment amountInterest on bonds with subscription rights to shares(net of applicable taxes)
Cash dividends on preferred stock
Effect of dilutive securities
Bonds with subscription rights to shares
Preferred stock
Subscription rights to shares
Summary of residual securities not included in calculation of net profit per
share after adjustment of residual securities because they have no dilutive
effects(Significant Subsequent Events)
Not applicable.

15(¥ million)(¥ million)(¥ million)(¥ million)
Thousand shares

25,535221
221
25,31430,476(¥ million)(¥ million)258
37(¥ million)
Thousand shares

19,527

Thousand shares
Thousand shares
Thousand shares

666
18,83624

221－

(Reference)
Trust asset balance table(As of March 31, 2017)(Millions of yen)
Asset
Monetary claims
Other monetary claims
Cash deposits
Deposits
Total

Value

Liability

16,473
16,47340
40
16,513

Monetary claims in trust

16,513

Total

16,513(Note) There is one applicable consolidated subsidiary, namely ShinGinko Tokyo.

16

Value

5. Non-consolidated Financial Statements and Notes(1) Non-consolidated Balance Sheets(¥ million)
As of March 31, 2017

As of March 31, 2016
AssetsCurrent assets
Cash and due from banks
Accounts receivable - otherPrepaid expenses
Income taxes receivable
Suspense payments
Deferred tax assets
Total current assets
Non-current assets
Investments and other assets
Shares of subsidiaries and associates
Loans receivable from subsidiaries and associates
Total investments and other assets
Total non-current assets
Deferred assets
Organization expenses
Share issuance cost
Total deferred assets
Total assets
Liabilities
Current liabilities
Accounts payable - otherAccrued expenses
Dividends payable
Income taxes
Deposits received
Suspense receipt
Reserve for employee bonuses
Total current liabilities
Non-current liabilities
Bonds with subscription rights to shares
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Common stock
Capital surplus
Capital reserve
Other capital surplus
Total capital surplus
Retained earnings
Other retained earnings
Retained earnings brought forward
Total retained earnings
Treasury stock
Total shareholders’ equity
Subscription rights to shares
Total net assets
Total liabilities and net assets

17

1,702
25
1
355
－
10
2,095

1,797
49
20
380
0
17
2,266

134,845
5,000
139,845
139,845

193,668－
193,668
193,66850
5
56
141,99635
42
78
196,013

7
0
13
29
11
0
31
93

27
－
24
21
3
0
49
126

5,000
5,000
5,093

－
－
126

20,00027,5005,000
110,277
115,277

56,219110,277
166,497

2,174
2,174
(594)
136,856
46
136,903
141,996

2,426
2,426
(632)
195,791
95
195,886
196,013

(2) Non-consolidated Statements of Income(¥ million)
Year ended
March 31, 2017

Year ended
March 31, 2016
Operating income
Dividends from subsidiaries and associates
Commissions from subsidiaries and associates
Total operating income
Operating expenses
Selling, general and administrative expenses
Total operating expenses
Operating profit
Non-operating income
Interest income
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Commission fee
Amortization of deferred organization expenses
Amortization of share issuance cost
Total non-operating expenses
Ordinary profit
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income

18

1,888
1,039
2,927

2,125
1,116
3,241

731
731
2,196

1,028
1,028
2,213

107
0
108

53
0
54

107
144
14
3
270
2,034
2,034
68
4
72
1,961

53
12
14
17
97
2,169
2,169
49
(6)
42
2,126

(3) Non-consolidated Statements of Changes in Net Assets
Year ended March 31, 2016 (April 1, 2015 to March 31, 2016)(¥ million)
Shareholders’ equity
Capital surplus

Retained earnings
Subscription
rights to

Total net
assets－136,689

Total
retainedearnings

Treasury
stock

Total
shareholders’equity

1,957

1,957

(544)

136,689

Dividends of surplus(1,744)(1,744)(1,744)(1,744)

Net income

1,961

1,961

1,961

1,961

(52)

(52)

(52)

2

2

2

Commonstock

Balance at beginning of the year

20,000

Other retained
earnings

Capitalreserve

Other
capitalsurplusTotal
capitalsurplus5,000

110,276

115,276

Retainedearnings brought
forwardChanges of items during thereporting period

Acquisition of treasury stock0

Disposition of treasury stock0

Disposition of treasury stock
Total of changes of items during
the reporting period
Balance at end of period

46

46

－

－

0

0

217

217

(50)

167

46

213

20,0005,000

110,277

115,277

2,174

2,174

(594)

136,856

46

136,903

Year ended March 31, 2017 (April 1, 2016 to March 31, 2017)(¥ million)
Shareholders’ equity
Capital surplus
Commonstock

Balance at beginning of the year

Retained earnings
Other retained
earnings

Total
retainedearnings

Treasury
stock

Total
shareholders’equity

2,174

(594)

136,856

Subscription
rights to

Total net
assets46

136,903

Capitalreserve

Other
capitalsurplusTotal
capitalsurplus

20,0005,000

110,277

115,277

7,500

7,500

7,500

15,00015,00043,71943,71943,71943,719Retainedearnings brought
forward2,174

Changes of items during thereporting period
Issuance of new shares
Increase (decrease) by
share exchanges
Dividends of surplus(1,874)(1,874)(1,874)(1,874)

Net income

2,126

2,126

2,126

2,126

(47)

(47)

(47)

9

10

10

Acquisition of treasury stock0

Disposition of treasury stock0

Net changes of items otherthan shareholders' equity

49

49

Total of changes of items during
the reporting period

7,500

51,219051,220

252

252

(37)

58,93449

58,983

Balance at end of period

27,50056,219110,277

166,497

2,426

2,426

(632)

195,791

95

195,886(4) Notes on Premise of Going Concern
Not applicable.

196. (Reference) Overview of Major Consolidated Subsidiary Operating Performance(1) Non-consolidated Financial Statements (The Tokyo Tomin Bank, Limited)
May 12, 2017
Company name： The Tokyo Tomin Bank, Limited
Representative: Takashi Sakamoto, President
Responsible person for inquiries: Masahiro Ogura, General Manager of Corporate Planning Division
URL: http://www.tominbank.co.jp
Telephone: +81-3-3582-8251
Note: Figures have been rounded down to the nearest million yen.

1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2017
(From April 1, 2016 to March 31, 2017)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)
Ordinary income

Ordinary profit

Net income(¥ million)(%)(¥ million)(%)(¥ million)(%)

Fiscal Year ended March 31, 2017

43,4552.3

4,710(29.8)

2,770(34.5)

Fiscal Year ended March 31, 2016

42,465

(4.5)

6,718

(1.5)

4,231

21.5

(2) Non-consolidated financial position

As of March 31, 2017

Total assets(¥ million)

Total net assets(¥ million)

Net assets to total assets ratio(%)

2,773,306

105,182

3.7

2,791,960
90,491
3.2
As of March 31, 2016
(Reference) Equity:
As of March 31, 2017: ¥105,182 million
As of March 31, 2016: ¥90,491 million(Note) “Equity” is the value of total net assets at the end of the fiscal year, and “Net assets to total assets ratio” is calculated by
dividing equity by total assets at the end of the fiscal year. Note that this “Net assets to total assets ratio” is not the net assets
to total assets ratio required for the Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of
2006).

20

○ Non-consolidated Financial Statements(1) Non-consolidated Balance Sheets
The Tokyo Tomin Bank, Limited(¥ million)
As of March 31, 2016
AssetsCash and due from banks
Cash on handDue from banks
Call loans
Monetary claims bought
Trading account securities
Trading account Japanese government bonds
Trading account Municipal government bonds
Securities
Japanese government bonds
Municipal government bonds
Corporate bonds
Corporate stocks
Other securities
Loans and bills discounted
Bills discounted
Loans on bills
Loans on deeds
Overdrafts
Foreign exchange
Due from foreign banks
Foreign bills of exchange bought
Foreign bills of exchange receivable
Other assets
Prepaid expenses
Accrued income
Initial margins of futures markets
Variation margins of futures markets
Financial derivatives
Other assets
Tangible fixed assets
Buildings
Land
Leased assets
Construction in progress
Other tangible fixed assets
Intangible fixed assets
SoftwareLeased assets
Other intangible fixed assets
Prepaid pension cost
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets

295,235
18,862
276,373
4,497
0
31
12
18
586,946
307,137
43,544
110,377
26,80999,077
1,842,130
26,11079,403
1,596,182
140,433
3,406
2,111
149
1,145
17,051
361
2,393
73
131
2,938
11,15332,574
5,535
22,979
650
2,160
1,249
1,116
801
164
150
14,316
4,194
2,926(12,466)
2,791,960

21

As of March 31, 2017
316,026
19,258296,768
987
2,004
32
13
19
543,504
306,657
11,864
92,25327,168105,560
1,837,946
25,59894,486
1,575,295
142,566
3,329
1,400
533
1,395
24,694
352
2,418
160
218
2,385
19,15834,477
5,364
22,979
830
4,333
970
1,099
588
127
383
16,221
3,629
3,078(13,725)
2,773,306

The Tokyo Tomin Bank, Limited(¥ million)
As of March 31, 2016
Liabilities
Deposits
Current deposits
Ordinary deposits
Savings deposits
Deposits at noticeTime deposits
Installment savings
Other deposits
Negotiable certificates of deposit
Call money
Payables under securities lending transactions
Borrowed money
Borrowings from other banks
Foreign exchange
Due to foreign banks
Foreign bills of exchange sold
Foreign bills of exchange payable
Bonds
Other liabilities
Income taxes
Accrued expenses
Unearned income
Reserve for interest on installment savings
Financial derivatives
Cash collateral received for financial instruments
Lease obligations
Asset retirement obligations
Other liabilities
Reserve for employee bonuses
Reserve for directors’ retirement benefits
Reserve for point card certificates
Reserve for loss on dormant deposit repayments
Provision for loss on cancellation of system contracts
Provision for contingent loss
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities
Net Assets
Common stock
Capital surplus
Capital reserve
Retained earnings
Earned reserve
Other retained earnings
General reserve
Retained earnings brought forward
Total shareholders’ equity
Net unrealized gain on available-for-sale securities
Revaluation reserve for land
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

22

As of March 31, 2017

2,390,437
160,482
987,007
17,201
14,683
1,094,880
58,081
58,101
32,706474
236,597
7,225
7,225
65
1
2
61
16,00013,212
252
1,834
1,191
23
1,524
－
833
212
7,339
1,079
60
2
374
－
291
14
2,926
2,701,469

2,312,237
158,179
1,029,238
17,066
15,530994,559
56,414
41,24818,740－312,048
5,216
5,216
935
1
865
68
－
13,924
605
1,625
1,228
21
1,194
55
985
215
7,994
1,087
75
2
397
85
280
14
3,078
2,668,124

48,12018,08318,08318,655
3,597
15,0586,400
8,658
84,859
5,840
(209)
5,631
90,491
2,791,960

55,62025,58325,583
20,387
3,805
16,581
6,400
10,181
101,590
3,800
(209)
3,591
105,182
2,773,306

(2) Non-consolidated Statements of Income
The Tokyo Tomin Bank, Limited
Year ended
March 31, 2016
42,46530,61924,503
5,677
54
－
233
149
8,204
2,009
6,194
2,209
911
0
718
579
0
1,432
0
800
631
35,746
2,376
1,047
26
7
649
126
488
31
2,689
454
2,235
142
142
28,317
2,220
1,447
－
148
19
604
6,718
252
252
90
90
－
6,880
84
2,564
2,649
4,231

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans
Interest on receivables under securities borrowing transactions

Interest on deposits with banks
Other interest income
Fees and commissions
Fees and commissions on domestic and foreign exchange

Other fees and commissions
Other operating income
Gain on foreign exchange transactions
Gain on trading account securities transactions
Gain on sale of bonds
Income from derivatives other than for trading or hedging

Other
Other ordinary income
Gain on recovery of write-off claims
Gain on sale of stocks and other securities
Other
Ordinary expenses
Interest expenses
Interest on deposits
Interest on negotiable certificates of deposit
Interest on call money
Interest on payables under securities lending transactions

Interest on borrowed money
Interest on corporate bonds
Other interest expenses
Fees and commissions
Fees and commissions on domestic and foreign exchange

Other fees and commissions
Other operating expenses
Loss on sale of bonds
General and administrative expenses
Other ordinary expenses
Provision of allowance for loan losses
Write-off of loans
Loss on sale of stocks and other securities
Costs related to financial derivatives
Other
Ordinary profit
Extraordinary income
Gain on liquidation of subsidiaries
Extraordinary losses
Loss on deposition of fixed assets
Provision for loss on cancellation of system contracts
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income

23(¥ million)
Year ended
March 31, 2017
43,45530,672
22,785
7,466
59
0
228
131
8,431
2,040
6,390
2,692
904
0
1,044
729
13
1,659
－
1,103
555
38,745
2,178
574
4
13
1,215
103
225
41
2,583
468
2,115
923
923
29,418
3,640
2,685
12
51
23
868
4,710
－
－
267
182
85
4,442
231
1,440
1,672
2,770

(2) Non-consolidated Financial Statements (The Yachiyo Bank, Limited)
May 12, 2017
Company name: The Yachiyo Bank, Limited
Representative: Hirokazu Tahara, President
Responsible person for inquiries: Nobuyuki Yasuda, Executive Officer, General Manager of Corporate
Planning Division
URL: http://www.yachiyobank.co.jp
Telephone: +81-3-3352-2295
Note: Figures have been rounded down to the nearest million yen.

1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2017
(From April 1, 2016 to March 31, 2017)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)
Ordinary income

Ordinary profit

Net income(¥ million)(%)(¥ million)(%)(¥ million)(%)

Fiscal year ended March 31, 201735,601

(4.5)

4,240

(40.9)

3,799(20.3)

Fiscal year ended March 31, 2016

37,304

(9.0)

7,184

(23.3)

4,772(21.3)(2) Non-consolidated financial position
Total assets(¥ million)

Total net assets(¥ million)

As of March 31, 2017

2,343,931

108,956

4.6

As of March 31, 2016

2,324,249

109,626

4.7

Net assets to total assets ratio(%)(Reference) Equity:
As of March 31, 2017: ¥108,956 million
As of March 31, 2016: ¥109,626 million(Note) “Equity” is the value of total net assets at the end of the fiscal year, and “Net assets to total assets ratio” is calculated by
dividing equity by total assets at the end of the fiscal year. Note that this “Net assets to total assets ratio” is not the net assets
to total assets ratio required for the Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of
2006).

24

○ Non-consolidated Financial Statements(1) Non-consolidated Balance Sheets
The Yachiyo Bank, Limited(¥ million)
As of March 31, 2016
AssetsCash and due from banks
Cash on handDue from banks
Call loans
Monetary claims bought
Trading account securities
Trading account Japanese government bonds
Trading account Municipal government bonds
Securities
Japanese government bonds
Municipal government bonds
Short-term bonds payable
Corporate bonds
Corporate stocks
Other securities
Loans and bills discounted
Bills discounted
Loans on bills
Loans on deeds
Overdrafts
Foreign exchange
Due from foreign banks
Foreign bills of exchange bought
Foreign bills of exchange receivable
Other assets
Prepaid expenses
Accrued income
Financial derivatives
Other assets
Tangible fixed assets
Buildings
Land
Leased assets
Construction in progress
Other tangible fixed assets
Intangible fixed assets
SoftwareLeased assets
Other intangible fixed assets
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets

110,233
19,49390,74039,577
4,202
627
34
593
613,955
203,438
71,933
9,999
242,557
13,02173,004
1,517,513
15,80624,873
1,417,690
59,142
3,124
2,839
76
208
8,302
106
1,703
117
6,374
29,368
7,534
20,356
437
66
973
786
538
4
243
3,359
2,934
(9,736)2,324,249

25

As of March 31, 2017
173,743
20,787
152,955
－
3,787
762
32
730
566,529
143,353
47,593
9,999
249,240
12,146104,196
1,552,605
14,74930,0791,443,369
64,407
4,255
3,736
153
365
13,146
100
1,708
152
11,18430,253
7,534
20,356
349
941
1,071
583
315
3
264
5,727
2,766
(10,227)
2,343,931

The Yachiyo Bank, Limited(¥ million)
As of March 31, 2016
Liabilities
Deposits
Current deposits
Ordinary deposits
Savings deposits
Deposits at noticeTime deposits
Installment savings
Other deposits
Negotiable certificates of deposit
Call money
Payables under securities lending transactions
Borrowed money
Borrowings from other banks
Foreign exchange
Foreign bills of exchange sold
Foreign bills of exchange payable
Other liabilities
Income taxes
Accrued expenses
Unearned income
Deposits received from employees
Reserve for interest on installment savings
Financial derivatives
Lease obligations
Asset retirement obligations
Other liabilities
Reserve for employee bonuses
Reserve for retirement benefits
Reserve for loss on dormant deposit repayments
Provision for loss on cancellation of system contracts
Provision for contingent loss
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities
Net Assets
Common stock
Capital surplus
Capital reserve
Retained earnings
Earned reserve
Other retained earnings
General reserve
Retained earnings brought forward
Total shareholders’ equity
Net unrealized gain on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

26

As of March 31, 2017

2,124,520
52,7401,154,592
20,8572,054
853,743
21,814
18,717
5,630－
56,730
5,000
5,000
2
0
2
12,687
988
962
184
536
9
34
473
126
9,371
844
2,810
614
－
367
2,481
2,934
2,214,623

2,149,113
50,1471,217,230
20,354
2,982
816,714
20,346
21,337
6,730
15,70649,260
－
－
0
0
－
4,416
449
966
196
556
8
158
381
98
1,598
855
2,575
613
85
370
2,481
2,766
2,234,975

43,73432,922
32,922
27,5406,025
21,515
11,7009,815
104,197
4,819
(7)
616
5,428
109,626
2,324,249

43,73432,922
32,92230,496
6,193
24,302
11,70012,602
107,154
1,184
－
616
1,801
108,956
2,343,931

(2) Non-consolidated Statements of Income
The Yachiyo Bank, Limited
Year ended
March 31, 2016
37,30427,361
21,195
5,551
156
77
380
5,986
1,928
4,058
2,316
169
3
1,634
508
1,639
207
507
203
720
30,120
1,252
1,104
1
0
15
107
9
14
1,780
428
1,351
25
－
25
－
25,309
1,752
－
139
149
533
930
7,184
294
162
132
228
105
122
－
7,250
1,817
661
2,478
4,772

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans
Interest on deposits with banks
Other interest income

Fees and commissions
Fees and commissions on domestic and foreign exchange
Other fees and commissions

Other operating income
Gain on foreign exchange transactions
Gain on trading account securities transactions
Gain on sale of bonds
Income from derivatives other than for trading or hedging

Other ordinary income
Reversal of allowance for loan losses
Gain on recovery of write-off claims
Gain on sale of stocks and other securities
Other

Ordinary expenses
Interest expenses
Interest on deposits
Interest on negotiable certificates of deposit
Interest on call money
Interest on payables under securities lending transactions
Interest on borrowed money
Interest on interest swaps
Other interest expenses

Fees and commissions
Fees and commissions on domestic and foreign exchange
Other fees and commissions

Other operating expenses
Loss on trading account securities transactions
Loss on sale of bonds
Loss on devaluation of bonds

General and administrative expenses
Other ordinary expenses
Transfer to reserve for possible loan losses
Write-off of loans
Loss on sale of stocks and other securities
Losses on devaluation of stocks and other securities
Other

Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Gain on state subsidies, etc. received

Extraordinary losses
Loss on deposition of fixed assets
Provision for special account for advanced depreciation of non-current assets

Provision of allowance for loss on cancellation of system contracts

Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income

27(¥ million)
Year ended
March 31, 201735,601
26,536
19,773
6,300
31
71
359
5,901
1,943
3,958
2,198
54
－
1,883
260
964
－
124
213
626
31,360
879
770
1
29
3
53
9
12
1,719
424
1,294
586
3
581
1
25,312
2,862
1,353
176
38
302
991
4,240
165
9
156
181
96
－
85
4,225
1,185
(760)
425
3,799

(3) Non-consolidated Financial Statements (ShinGinko Tokyo, Limited)
May 12, 2017
Company name: ShinGinko Tokyo, Limited
Representative: Hidenori Tsunehisa, President and CEO
Responsible person for inquiries: Toshikazu Tanaka, Director and Executive Officer
URL: http://www.sgt.jp/
Telephone: +81-3-6302-3471
Note: Figures have been rounded down to the nearest million yen.

1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2017
(From April 1, 2016 to March 31, 2017)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)
Ordinary income

Ordinary profit

Net income(¥ million)(%)(¥ million)(%)(¥ million)(%)

Fiscal year ended March 31, 2017

8,979

(2.1)

3,174

(14.7)

3,039(22.6)

Fiscal year ended March 31, 2016

9,175

27.2

3,722

145.7

3,926

159.9

(2) Non-consolidated financial position
Total assets(¥ million)

Total net assets(¥ million)

Net assets to total assets ratio(%)

As of March 31, 2017

489,488

63,354

12.9

As of March 31, 2016

458,925

60,055

13.0(Reference) Equity:
As of March 31, 2017: ¥63,354 million
As of March 31, 2016: ¥60,055 million(Note) “Equity” is the value of total net assets at the end of the fiscal year, and “Net assets to total assets ratio” is calculated by
dividing equity by total assets at the end of the fiscal year. Note that this “Net assets to total assets ratio” is not the net assets
to total assets ratio required for the Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of
2006).

28

○ Non-consolidated Financial Statements(1) Non-consolidated Balance Sheets
ShinGinko Tokyo, Limited(¥ million)
As of March 31, 2016
AssetsCash and due from banks
Cash on handDue from banks
Call loans
Other debt purchased
Securities
Japanese government bonds
Municipal government bonds
Corporate bonds
Corporate stocks
Other securities
Loans and bills discounted
Loans on deeds
Overdrafts
Other assets
Income taxes receivable
Prepaid expenses
Accrued income
Advances paid
Other assets
Property, plant and equipment
Buildings
Other tangible fixed assets
Intangible assets
Software
Customers' liabilities for acceptances and guarantees

Reserve for possible loan losses
Reversal of allowance for investment loss

Total assets
Liabilities
Deposits
Ordinary deposits
Time deposits
Other deposits
Call money
Borrowed money
Borrowings from other banks
Other liabilities
Income taxes
Accrued expenses
Unearned income
Accounts payable - other
Asset retirement obligations
Other liabilities
Reserve for employee bonuses
Reserve for directors' bonuses
Reserve for retirement benefits
Provision for loss on cancellation of system contracts

Reserve for contingent loss
Deferred tax liabilities
Acceptances and guarantees
Total liabilities
Net Assets
Common stock
Capital surplus
Capital reserve
Retained earnings
Other retained earnings
Retained earnings brought forward
Total shareholders’ equity
Net unrealized gain on available-for-sale securities
Total valuation and translation adjustments

Total net assets
Total liabilities and net assets

As of March 31, 201735,188251
34,936－
31,727
172,355
45,297
8,334
77,546
1
41,175
222,587
195,743
26,843
786
－
60
380
－
344
39
14
24
265
265
2,215
(5,976)(264)458,925

56,045274
55,771
3,000
39,932160,968
26,015
12,23078,3591
44,361
230,567
200,020
30,547
858
84
46
362
157
207
23
7
15
148
148
2,035
(4,091)－
489,488

293,445
38,639254,75550－
100,000
100,000
2,001
120
1,337
377
72
－
92
137
7
138
－
21
903
2,215
398,870

297,580
43,345254,2249
25,00098,00098,000
2,060
162
1,359
422
7
60
49
132
－
156
30
24
1,113
2,035
426,133

20,00032,04632,046
5,407
5,407
5,407
57,4542,600
2,600
60,055458,925

20,00032,04632,046
8,203
8,203
8,203
60,2503,104
3,104
63,354489,488(Note) “Deferred tax assets” and “deferred tax liabilities” that were presented separately during the previous fiscal year will bepresented after offsetting from the current accounting period. As a result of this change in the presentation method, the ¥244
million in deferred tax assets and ¥1,147 million in deferred tax liabilities that were presented in the balance sheets for theprevious fiscal year will be reclassified and presented as ¥903 million in deferred tax liabilities.

29

(2) Non-consolidated Statements of Income
ShinGinko Tokyo, Limited
Year ended
March 31, 2016
9,175
6,980
3,436
2,983
3
31
525
52
231
11
220
－
－
1,911
1,262
108
152
328
21
38
5,453
956
855
－
100
0
141
18
123
203
203
3,888
262
1
－
260
3,722
0
0
－
3,721
39
(244)
(204)
3,926

Ordinary income
Interest income
Interest on loans and bills discounted
Interest and dividends on securities
Interest on call loans
Interest on deposits with banks
Other interest income
Trust fees
Fees and commissions
Fees and commissions on domestic and foreign exchange

Other fees and commissions
Other operating income
Gain on sale of bonds
Other ordinary income
Reversal of allowance for loan losses
Reversal of allowance for investment loss
Reversal of allowance related to business outsourcing contracts

Reversal of reserve for contingent losses
Gain on recovery of write-off claims
Other
Ordinary expenses
Interest expenses
Interest on deposits
Interest on call money
Interest on borrowed money
Other interest expenses
Fees and commissions
Fees and commissions on domestic and foreign exchange

Other fees and commissions
Other operating expenses
Loss on sale of bonds
General and administrative expenses
Other ordinary expenses
Write-off of loans
Provision for contingent loss
Other
Ordinary profit
Extraordinary losses
Loss on deposition of fixed assets
Provision of allowance for loss on cancellation of system contracts

Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income

30(¥ million)
Year ended
March 31, 2017
8,979
6,668
3,398
2,700
0
30
539
61
194
11
182
215
215
1,839
1,567
264
－
－
0
7
5,805
762
743
(1)
20
0
144
17
127
－
－
4,142
755
22
3
729
3,174
30
－
30
3,144
116
(11)
105
3,039