Tokyo Kiraboshi Financial Group, Inc.
Listed Code: 7173
(URL: https://www.tokyo-kiraboshifg.co.jp)
Listed Stock Exchange: TSE1
May 14, 2019

Consolidated Financial Reportfor the Fiscal Year Ended March 31, 2019
<Under Japanese GAAP>
Representative: Keizo Ajioka, President
Responsible person for inquiries: Hiroshi Shibuya, General Manager, Corporate Planning Division
Telephone: +81-3-5341-4301
Date of Ordinary General Meeting of Shareholders: June 27, 2019
Date of submission of annual security report: June 27, 2019
Date to start dividend payment: June 10, 2019
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, 2019
(From April 1, 2018 to March 31, 2019)(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, 201978,777

(4.6)

3,480

(26.3)

4,914

33.6

Fiscal year ended March 31, 201882,616

(0.5)

4,727

(43.1)

3,677(85.5)(Note) Comprehensive income:Fiscal year ended March 31, 2019: ¥4,408 million (55.6 %)Fiscal year ended March 31, 2018: ¥9,940 million (57.4 %)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, 2019
153.52
94.60
1.6
Fiscal year ended March 31, 2018112.9477.25
1.2(Reference) Gain on equity-method investments:
Fiscal year ended March 31, 2019: (¥39 million)
Fiscal year ended March 31, 2018: ¥35 million
.

0.0
0.0

4.4
5.7

(2) Consolidated financial position
Net assets to
Net assets
total assets ratio
per share(%)(¥)
As of March 31, 2019
5,373,212
293,124
5.4
7,820.80
As of March 31, 2018
5,482,704
291,020
5.3
7,729.99(Reference) Equity: As of March 31, 2019: ¥292,663 million
As of March 31, 2018: ¥290,646 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, 2019
Fiscal year ended March 31, 2018(106,587)(161,531)

Cash flow fromfinancing activities(¥ million)

135,919
35,197

Cash and cash
equivalents
at year-end(¥ million)(2,774)(2,747)

401,928
375,365

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, 2018

–

30.00

–

30.00

60.00

1,828

53.1

0.7

ended March 31, 2019

–

30.00

–

30.00

60.00

1,828

39.0

0.7

AnnualFiscal year

ending March 31, 2020 (Forecast)
–
30.00
–
30.00
60.00
37.5
(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, 2020
(From April 1, 2019 to March 31, 2020)(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)

(%)

(¥)

2,700
5,400

0.5
55.1

2,800
5,100

(25.5)
3.7

88.22
159.99

* Notes(1) Changes in significant subsidiaries during the current period (Changes in specified subsidiaries
resulting in change in scope of consolidation): Yes
Included subsidiaries: ___ (name of company(ies))
Excluded subsidiaries: 2 (name of company(ies) The Tokyo Tomin Bank, Limited and ShinGinko Tokyo, Limited)(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: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement of prior period financial statements after error corrections: None

(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, 201930,650,115 shares
March 31, 2018
30,650,115 shares
Number of treasury stock at the end of the period
March 31, 2019276,867 shares
March 31, 2018180,661 shares
Average number of shares during the period
Fiscal year ended March 31, 2019
30,443,033 sharesFiscal year ended March 31, 2018
30,472,849 shares(Note) From the fiscal year ended March 31, 2019, the Company introduced Board Benefit Trust and the Company’s shares heldby the said trust are included in treasury stock.

(Reference) Non-consolidated Financial Statements
1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2019

(From April 1, 2018 to March 31, 2019)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Fiscal year ended March 31, 2019
Fiscal year ended March 31, 2018

Fiscal year ended March 31, 2019
Fiscal year ended March 31, 2018

Operating income

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

(%)

3,110
3,301

(5.8)
1.8

2,311
2,269

1.8
2.5

2,275
2,235

1.8
3.0

2,149
2,187

(1.7)
2.8

Net income per share

Diluted net income
per share

(¥)

(¥)

62.70
64.05

41.38
45.95

Ordinary profit

Net income

(2) Non-consolidated financial position

As of March 31, 2019

Total assets(¥ million)

Total net assets(¥ million)

195,961

195,854

Net assets to total
assets ratio
(%)
99.9

Net assets
per share(¥)
4,631.63

196,124
196,00299.8
4,620.46
As of March 31, 2018
(Reference) Equity:
As of March 31, 2019: ¥195,797 million
As of March 31, 2018: ¥195,900 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).
* The consolidated financial report is outside the scope of review by certified public accountants and audit corporations.
* 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 (¥)
First quarter

Second quarter

Third quarter

Fiscal year-end

AnnualFiscal year ended March 31, 2018–

123.00–123.00246.00Fiscal year ended March 31, 2019–124.00–124.00248.00Fiscal year ending March 31, 2020
(Forecast)–124.00–124.00248.00(Notes)
1. Amount paid per share: ¥20,000
2 Computation used to calculate dividend per share(1) Fiscal year ended March 31, 2018(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate (*)
Annual dividend rate = Japanese yen TIBOR + 1.1%(c) Japanese yen TIBOROn March 31, 2017, the Japanese yen TIBOR (12-month maturity) = 0.12818%(d) Shares issued
750,000(2) Fiscal year ended March 31, 2019(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate (*)
Annual dividend rate = Japanese yen TIBOR + 1.1%(c) Japanese yen TIBOROn March 30, 2018, the Japanese yen TIBOR (12-month maturity) = 0.13636%(d) Shares issued
750,000(3) Fiscal year ending March 31, 2020 (Forecast)(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate (*)
Annual dividend rate = Japanese yen TIBOR + 1.1%(c) Japanese yen TIBOROn March 29, 2019, the Japanese yen TIBOR (12-month maturity) = 0.13636%(d) Shares issued
750,000* For annual dividend rate, figures less than one percent are calculated to three decimal places with the third decimal place isrounded off to the second decimal place.

(Class II preferred shares)
Dividend per share (¥)
First quarter

Second quarter

Third quarter

Fiscal year-end

AnnualFiscal year ended March 31, 2018–12.818–12.81825.636

Fiscal year ended March 31, 2019–13.636–

13.63627.272

Fiscal year ending March 31, 2020
(Forecast)–

13.636–

13.63627.272(Notes)
1. Amount paid per share: ¥20,000
2. Computation used to calculate dividend per share(1) Fiscal year ended 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(2) Fiscal year ended March 31, 2019(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 30, 2018, the Japanese yen TIBOR (12-month maturity) = 0.13636%(d) Shares issued
2,000,000(3) Fiscal year ending March 31, 2020 (Forecast)(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 29, 2019, the Japanese yen TIBOR (12-month maturity) = 0.13636%(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, 2019 ···2(2) Projection ···························································································································

2(3) Basic Policy for Profit Distribution and Dividends for This Term and the Next Term ···································

3

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

3-5

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

5

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

6(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income ·························

7-8(3) Consolidated Statements of Changes in Net Assets ···········································································

9 - 10(4) Consolidated Statements of Cash Flows ························································································

11(5) Notes on Premise of Going Concern ····························································································

12(6) Additional information ············································································································

12(7) Notes to Consolidated Financial Statements ···················································································

12 - 14(Reference) Trust asset balance table ·································································································

14

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

15(2) Non-consolidated Statements of Income························································································

16(3) Non-consolidated Statements of Changes in Net Assets ······································································

17(4) Notes on Premise of Going Concern ····························································································

17

6. (Reference) Non-consolidated Financial Statements of Kiraboshi Bank, Limited(1) Overview of Non-consolidated Financial Statements ·········································································

18(2) Non-consolidated Balance Sheets ·······························································································

19 - 20(3) Non-consolidated Statements of Income························································································

21

7. Change of Officers·····················································································································

22* Financial Results for the Fiscal Year Ended March 31, 2019 Supplementary Information11. Overview of Operating Results etc.
(1) Overview of Operating Results and Financial Position for the Consolidated Fiscal Year Ended
March 31, 2019
(Overview of operating results for the consolidated fiscal year ended March 31, 2019)
As part of its efforts to strengthen competitiveness and management efficiency still further, the Group
took one step forward in the business integration by way of a holding company structure with themerger of the three subsidiary banks effective May 1, 2018, to make a new start as Kiraboshi Bank,
Limited. Along with the merger of the subsidiaries, the Group formulated a medium-term business plan
“Start-up Kiraboshi” which runs through to the fiscal year ending March 2021.
The business plan sets forth the three core policies of “enrichment of consulting functions”, “humanresources development focusing on dialogue for being chosen and trusted” and “business process
re-engineering to strengthen contact with customers”, based on which various measures are
implemented by developing a business model that takes “dialogue” as the starting point, with the aim ofcreating a financial group that receives customers’ “first calls”.
Against this backdrop, ordinary income for the fiscal year ended March 31, 2019 decreased by ¥3.8
billion year-on-year to ¥78.7 billion, due largely to a decrease notably in interest on loans and discounts,
despite an increase in interest and dividends on securities. Ordinary expenses decreased by ¥2.6 billion
year-on-year to ¥75.2 billion, attributable primarily to cost reductions. As a result, ordinary profit
decreased by ¥1.2 billion year-on-year to ¥3.4 billion. Profit attributable to owners of parent increasedby ¥1.2 billion year-on-year to ¥4.9 billion, reflecting largely a ¥2.5 billion decrease in income tax –deferred due to tax effect accounting.
(Overview of financial position for the consolidated fiscal year ended March 31, 2019)
As of March 31, 2019, total assets amounted to ¥5,373.2 billion, down ¥109.4 billion from the end of
the previous fiscal year, and net assets stood at ¥293.1 billion, a ¥2.1 billion increase from the end of theprevious fiscal year.
With respect to major account balances, deposits decreased ¥125.0 billion from the end of theprevious fiscal year to ¥4,527.0 billion, and loans and bills discounted increased ¥20.2 billion from theend of the previous fiscal year to ¥3,696.3 billion, while securities decreased ¥113.5 billion from the endof the previous fiscal year to ¥1,095.0 billion.
(Overview of cash flow for the consolidated fiscal year ended March 31, 2019)
During the fiscal year ended March 31, 2019, cash flows from operating activities saw a net outflow
of ¥106.5 billion, attributable largely to expenditures resulting from a net increase in loans and bills
discounted, a net decrease in deposits, and a net decrease in borrowed money. In investing activities,
while cash was used in purchases of securities, net cash of ¥135.9 billion was provided due largely toproceeds from sale and redemption of securities. Net cash used in financing activities was ¥2.7 billion,
attributable largely to payment of dividends. As a result, cash and cash equivalents at the end of the
fiscal year ended March 31, 2019, were ¥401.9 billion, an increase of ¥26.5 billion from the end of theprevious fiscal year.
(2) Projection
The forecast of the consolidated operating performance for the fiscal year ending March 31,
2020, is as follows.
Ordinary income of ¥5.4 billion
Profit attributable to owners of parent of ¥5.1 billion
The forecast described above represents the judgement of management based on information
currently available, and may include uncertainties. Actual results may differ from the above due tochanges in circumstances.
The Group will seek to maximize the synergies derived from the merger of its subsidiary banks inorder to translate business opportunities in the Tokyo Metropolis into business performance and achievesustained growth and development, and will promote “the business model that takes dialogue as its
starting point” which would lead to improved customer satisfaction, by pushing forward with thedevelopment of a business model that focuses on consulting business, in addition to the traditionalbanking business model centering on lending business.
The Group will steadily implement the measures set forth in the Medium-term Business Plan
“Start-up Kiraboshi” launched in May 2018, maintain a strong resolve to contribute to the developmentof local community, and strive to create a new type of urban regional bank through a start-up spirit
based on “Challenge & Speed”.
2Furthermore, to realize the synergy effects of the merger, the Group plans to proceed with system
integration by May 6, 2020, taking all necessary steps to be fully prepared in implementing the
integration safely and surely.
(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, 2019. For First
Series Class I preferred shares, in accordance with the provisions of the Articles of Incorporation, anannual dividend of ¥248 per share (an interim dividend of ¥124 and a year-end dividend of ¥124) will be
paid. For Class II preferred shares, likewise in accordance with the provisions of the Articles ofIncorporation, an annual dividend of ¥27.272 per share (an interim dividend of ¥13.636 and a year-end
dividend of ¥13.636) 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, 2020 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 ¥248 per share (an interim dividend of ¥124 and a
year-end dividend of ¥124) will be paid. For Class II preferred shares, likewise in accordance with theprovisions of the Articles of Incorporation, an annual dividend of ¥27.272 per share (an interim
dividend of ¥13.636 and a year-end dividend of ¥13.636) will be paid.
2. Overview of the Tokyo Kiraboshi 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]
Kiraboshi Bank, Limited is engaged primarily in deposit services, loan services, trading accountsecurities services, securities investment services, domestic exchange services, foreign exchange
services, and trust and other services which are provided through their head offices and branches, etc.,
located in a business area centered around the Tokyo Metropolis and the northeast of Kanagawa
Prefecture. The Group positions these banking services as its core businesses and provides financial
products and services that match each stage in life or lifecycle through high quality consulting business,to contribute to the development of local communities.
In addition, two consolidated subsidiaries operate credit guarantee businesses.
[Others]
The other nine consolidated subsidiaries and two affiliates (equity-method affiliate) are engaged inservices ancillary to banking services such as consulting services, computer-related services,
information provision services, and credit card services, and work together with the Company tosupport the financial needs of customers.
The diagram on the following page illustrates the business portfolio, as described above.

3

(As of March 31, 2019)
Bankingbusiness

Head office, 153 branches, 10 offices
Kiraboshi Credit Guarantee Co., Ltd.
(Guarantee operations including housing loans)(Domestic consolidated subsidiary)
Yachiyo Credit Guarantee Co., Ltd.
(Guarantee operations including housing loans)(Domestic consolidated subsidiary)

Kiraboshi
Bank,
LimitedKiraboshi Service Co., Ltd.

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

Other

Kiraboshi Business Consulting Shanghai Co., Ltd.
(Corporate management consulting services,trade information consulting services, investment consulting
services)(Overseas consolidated subsidiary)
Kiraboshi Tech, Inc.
(Development and provision of services using FinTech)(Domestic consolidated subsidiary)
Kiraboshi Credit Service Co., Ltd.
(Credit card services)(Domestic consolidated subsidiary)Tokyo
Kiraboshi
Financial
Group, Inc.

Kiraboshi System, Inc.
(Commissioning of information processing work forcomputer calculations, commissioning of operations andmanagement of computer rooms)(Domestic consolidated subsidiary)
Kiraboshi JCB Co., Ltd.
(Credit card services)(Domestic consolidated subsidiary)Tokyo Kiraboshi Leasing Co., Ltd.
(General leasing business)(Domestic equity-method affiliate)

Kiraboshi
Consulting Co.,
Ltd.

Other

(Consolidated subsidiary)
Kiraboshi
Capital Co., Ltd.

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

Other

Non-consolidated subsidiaries other than the above
・Tokyo Kanagawa Innovation Support Series 1 Investment Limited Partnership for the Investment Business･Kiraboshi Capital-Mercuria Investment Limited Partnership for the Investment Business･Kiraboshi Capital Yume Habataki Series 1 Investment Limited Partnership for the Investment Business4

Notes:
1.
2.
3.
4.

3.

Effective July 3, 2018, Tomin Business Consulting Shanghai Co., Ltd. changed its trade name to Kiraboshi Business
Consulting Shanghai Co., Ltd.
Effective September 3, 2018, Kiraboshi Capital Co., Ltd. was established as a wholly owned subsidiary of theCompany and a new consolidated subsidiary of the Company.
Effective October 1, 2018, Tomin Credit Guarantee Co., Ltd. changed its trade name to Kiraboshi Credit Guarantee
Co., Ltd.
Effective October 1, 2018, Tomin Computer System Co., Ltd. changed its trade name Kiraboshi System, Inc.

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.

5

4. Consolidated Financial Statements and Notes(1) Consolidated Balance Sheets
As of March 31, 2018(¥ million)
As of March 31, 2019

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
Net defined benefit assets
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets

377,636
1,264
55,650707
1,208,629
3,676,146
13,556
84,062
59,627
19,60034,216
1,780
1,240
2,789
2,365
1,421
94
848
18,391
5,184
5,677(26,195)
5,482,704

402,718
2,308
59,326973
1,095,059
3,696,398
5,984
47,52560,266
19,69635,451
1,538
226
3,354
3,097
2,054
116
926
14,128
5,940
5,596(26,112)
5,373,212

4,652,109
9,540
58,937357,265
73,558224
53
25,167
2,140
−
−
2,845
67
58
8
1,185
200
194
612
1,837
5,677
5,191,683

4,527,089
16,100113,329
344,918
43,566533
245
24,561
1,701
158
82
65
20
39
8
1,351
−
−
656
61
5,596
5,080,087

27,500150,576
106,206(625)
283,657
6,075
(242)
10
1,146
6,989
101
271
291,020
5,482,704

27,500150,473
109,053(804)
286,223
7,923
(242)
8
(1,250)
6,440
56
404
293,124
5,373,212

Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldPayables under securities lending transactions
Borrowed money
Foreign exchange
Borrowed money from trust account
Other liabilities
Reserve for employee bonuses
Provision for directors’ bonuses
Provision for stock compensations
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 loss on transfer of business
Provision for contingent loss
Deferred tax liabilities
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
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

6

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

Year ended
March 31, 201882,61657,411
43,992
12,135
36
0
293
953
56
17,582
3,226
4,338
259
4,079
77,888
3,386
1,645
2
448
1,140
88
61
3,473
2,935
61,235
6,857
104
1,480
5,272
4,727
647
647
639
444
194
4,735
1,107
(61)
1,045
3,689
12
3,677

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
Other interest expenses
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Write-off of loans
Provision of allowance for loan losses
Other ordinary expenses
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of fixed assets
Provision for loss on transfer of businessProfit before income taxes
Income tax – current
Income tax – deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

7(¥ million)
Year ended
March 31, 201978,77758,49743,07914,121
36
−
300
960
107
16,585
872
2,715
91
2,623
75,297
3,522
1,192
2
817
1,340
88
81
3,286
1,200
57,502
9,785
151
3,732
5,901
3,480
0
0
111
111
−
3,368
1,079
(2,655)(1,575)
4,944
30
4,914

Consolidated Statements of Comprehensive Income

3,689
6,250
2,852
(32)
2
3,362
66
9,940

(¥ million)
Year ended
March 31, 2019
4,944
(535)
2,084
−
(1)
(2,396)
(222)
4,408

9,918
22

4,364
43

Year ended
March 31, 2018
ProfitOther comprehensive income
Net unrealized gain on available-for-sale securities
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 interests8(3) Consolidated Statements of Changes in Net Assets(Year ended March 31, 2018)(¥ million)
Shareholders’ equity
Common stock

Capital surplus

Retained earnings

27,500150,733

104,574

Balance at beginning of the year

Total shareholders’equityTreasury stock(632)

282,175

Changes of items during the reporting period
7

Purchase of shares of consolidated subsidiaries

7

Dividends of surplus(2,078)(2,078)

Profit attributable to owners of parent

3,677

3,677

Acquisition of treasury stock(5)

Disposition of treasury stock

(38)

(38)

44

38
(158)

(158)

Change in interest in subsidiaries

32

Reversal of revaluation reserve for land32

Net changes of items other than shareholders’equity during the reporting period
Total changes of items during the reporting period
Balance at end of period

−

(157)

1,631

6

1,481

27,500150,576

106,206(625)

283,657

Accumulated other comprehensive income

Balance at beginning of the year

Net unrealized
gain onavailable-forsale securities

Revaluation
reserve for land

3,166

(209)

Foreign currency Remeasurements
translationof definedadjustment
benefit plans8(2,216)

Total
accumulated
othercomprehensive

748

NonSubscription
controllingrights tointerests
shares95

337

Total net
assets283,357

Changes of items during the reporting period
7

Purchase of shares of consolidated subsidiaries
Dividends of surplus(2,078)

Profit attributable to owners of parent

3,677

Acquisition of treasury stock(38)

Disposition of treasury stock

38
(158)

Change in interest in subsidiaries

32

Reversal of revaluation reserve for land
Net changes of items other than shareholders’ equity
during the reporting period

2,909

(32)

2

3,362

6,240

5

(65)

6,181

Total changes of items during the reporting period

2,909

(32)

2

3,362

6,240

5

(65)

7,662

Balance at end of period

6,075

(242)

10

1,146

6,989

101

271

291,020

9(Year ended March 31, 2019)(¥ million)
Shareholders’ equity
Common stock

Capital surplus

Retained earnings

27,500150,576

106,206

Balance at beginning of the year

Treasury stock(625)

Total shareholders’equity283,657

Changes of items during the reporting period
(1)

(1)

Purchase of shares of consolidated subsidiaries
Dividends of surplus(2,066)(2,066)

Profit attributable to owners of parent

4,914

4,914

Acquisition of treasury stock
Disposition of treasury stock(7)

Change in interest in subsidiaries

(93)

(231)

(231)

52

45
(93)

Net changes of items other than shareholders’equity during the reporting period
Total changes of items during the reporting period
Balance at end of period

−

(102)

2,847

(178)

2,566

27,500150,473

109,053(804)

286,223

Accumulated other comprehensive income
Net unrealized
gain onavailable-forsale securities

Balance at beginning of the year

6,075

Foreign currency Remeasurements
Revaluationtranslationof definedreserve for land
adjustment
benefit plans

(242)

10

1,146

Total
accumulated
othercomprehensive

6,989

Subscription
Nonrights tocontrollingsharesinterests
101

271

Total net
assets291,020

Changes of items during the reporting period(1)

Purchase of shares of consolidated subsidiaries
Dividends of surplus(2,066)

Profit attributable to owners of parent

4,914

Acquisition of treasury stock(231)

Disposition of treasury stock

45

Change in interest in subsidiaries(93)

Net changes of items other than shareholders’equity during the reporting period

1,848

−

(1)

(2,396)

(549)

(45)

133

(461)

Total changes of items during the reporting period

1,848

−

(1)

(2,396)

(549)

(45)

133

2,104

Balance at end of period

7,923

(242)

8

(1,250)

6,440

56

404

293,12410

(4) Consolidated Statements of Cash Flows(¥ million)
Year ended
March 31, 2019Year ended
March 31, 2018
Cash flows from operating activities
Profit before income taxes
Depreciation
Retirement benefit expenses
Share profit of entities accounted for using equity method
Increase (decrease) in reserve for possible loan losses
Increase (decrease) in reserve for employee bonuses
Increase (decrease) in provision for directors’ bonuses
Increase (decrease) in provision for stock compensations
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 provision for loss on transfer of business
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
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)
Net increase (decrease) in borrowed money from trust accountProceeds from fund management
Payments for finance
Other
Subtotal
Income taxes paid
Income taxes refund
Net cash provided by (used in) operating activities

4,735
3,254
1,008
(35)
(3,449)(72)−−(4,265)(1,607)
(42)
1
(2)
175
−
194
(63)
(57,411)
3,386(1,206)
9,433
(202)
87
(54,773)(65,452)(11,800)

3,368
4,787
1,240
39
(83)
(438)
158
82
4,263
(2,780)
(46)
(19)
0
165
(200)
(194)
43
(58,497)
3,522(1,194)(6,098)111(266)(20,252)(125,019)
6,560(29,858)(29,991)

9,170

1,481

(7,203)
18,230(4,044)(5,972)(711)
53
57,753(3,413)(16,139)(160,241)(1,669)379(161,531)(4,719)54,392(12,346)
7,572
309
191
58,936(3,979)11,897(107,004)(450)
867(106,587)(473,425)
322,075
192,296(5,809)(118)
1,199(1,019)−35,197(219,130)
147,193
213,765(3,905)(815)
0(1,495)
307
135,919(2,083)
(35)
(38)
2
0

(2,067)
(1)
(231)
0
0

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
Proceeds from transfer of businessNet cash provided by (used in) investing activities

Cash flows from financing activities
Cash dividends paid
Dividends paid to non-controlling interests
Purchase of treasury shares
Proceeds from sale of treasury stock
Proceeds from exercise of share options
Payments 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
Cash and cash equivalents at end of year

11

(213)

(4)

(379)
(2,747)1(129,078)
504,444375,365(469)(2,774)
5
26,562
375,365
401,928

(5) Notes on Premise of Going Concern
Not applicable.
(6) Additional information(Stock compensation plan for officers)
From the fiscal year ended March 31, 2019, the Company engages in transactions of granting treasury shares througha trust to directors of the Company, as well as to directors (excluding outside directors) of Kiraboshi Bank, Limited, asubsidiary of the Company, and its executive officers who have entered into a service agreement (hereafter, “officers of
the subsidiary”).
1. Outline of the transaction
At the Annual General Shareholders Meeting of the Company held on June 28, 2018, a resolution was passed to
introduce a stock compensation plan for directors and for officers of the subsidiary, with the aim of further enhancing
their motivation to contribute to the improvement of business performance and to the enhancement of corporate value on
a medium to long-term basis. Under the plan, a trust, which is established with the monies contributed by the Company(hereafter, “the Trust”), acquires the Company’s shares, and through the Trust, such shares will be granted to directors
and officers of the subsidiary, the number of which corresponding to the number of points the Company awards to therespective directors and officers of the subsidiary. In accordance with the plan, a trust was established on November 22,
2018.
The timing for the Company’s shares to be granted to directors and officers of the subsidiary will in principle be at thetime of retirement from their office.
2. Accounting treatment relating to transactions of granting the Company’s shares through the trust
Accounting relating to the said trust agreement is performed in accordance with “Practical Solution on Transactions ofDelivering the Company’s Own Stock to Employees, etc. through Trusts” (ASBJ PITF No. 30, March 26, 2015).
3. Matters relating to the Company’s shares held by the trust
The Company’s shares held by the trust are recorded as treasury shares under shareholders’ equity. The book value
and the number of shares of treasury shares held by the trust at fiscal year-end are as follows:(1) Book value of shares held by the trust: ¥205 million(2) Number of shares at fiscal year-end: 99,000 shares.

(7) Notes to Consolidated Financial Statements(Matters Related to Business Combinations)(Transaction under common control, etc.)
1. Summary of business combination(1) Name and business of the merging companies(Surviving company in the absorption-type merger)
Name: The Yachiyo Bank, Limited
Nature of business: Banking(Dissolving companies in the absorption-type merger)
Name: The Tokyo Tomin Bank, Limited
Nature of business: Banking
Name: ShinGinko Tokyo, Limited
Nature of business: Banking(2) Date of business combination
May 1, 2018(3) Legal form of the business combination
Absorption-type merger with The Yachiyo Bank, Limited as the surviving company, and The Tokyo
Tomin Bank, Limited and ShinGinko Tokyo, Limited as the dissolving companies.
(4) Name of company after combination
Kiraboshi Bank, Limited(5) Other matters relating to the outline of the transaction
The objective of the merger is to use the “strengths” and “features” of Tokyo Tomin Bank, Yachiyo
Bank and ShinGinko Tokyo that have been cultivated over the years, to maximize the integration effectby taking business integration one step further to a merger transaction, to enhance competitiveness andfurther develop management efficiency, and thereby establish a solid management foundation that canfurther demonstrate the Group’s presence in the Tokyo metropolitan area, with focus on Tokyo and thenortheast area of Kanagawa Prefecture. By demonstrating the true value as a mainstay of the regional
financial sector, the Group will strive to become the No. 1 regional bank most loved by customers in
the Tokyo metropolitan area.

122. Outline of the accounting treatment applied
The transaction is treated as a transaction under common control pursuant to the “Accounting Standard
for Business Combinations” and the “Guidance on Accounting Standard for Business Combinations andAccounting Standard for Business Divestitures”.

(Segment information)
The Group’s only reporting segment is the banking business. Note that while the Group conducts businesses otherthan the banking business, including consulting services, computer-related services, information provision services, andcredit card services, this information has been omitted because these businesses only represent a small percentage of all
segments of businesses conducted by the Group.

(Per Share Information)
Reporting period(Year ended March 31, 2019)
Net assets per share

7,820.80
153.52
94.60¥

Profit attributable to owners of parent per share¥

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

Note 1. The calculation basis for net asset amount per share is as follows.
Reporting period(As of March 31, 2019)
Total net assets
Amount deducted from total net assets(¥ million)(¥ million)

Paid-in amount of preferred stock(¥ million)

Cash dividends on preferred stock(¥ million)

Subscription rights to shares(¥ million)

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

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

Thousandshares

293,124
55,58155,000120
56
404
237,543
30,373Note 2. The following is the basis for calculating the amount of net income per share and the amount of diluted net income per share forthe reporting period.
Reporting period(Year ended March 31, 2019)
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(¥ million)(¥ million)(¥ million)

Profit attributable to owners of parent in relation to common stock(¥ million)

Weighted-average shares of common stock during the period

ThousandsharesProfit attributable to owners of parent per share (Diluted)
Profit attributable to owners of parent adjustment amount
Cash dividends on preferred stock
Effect of dilutive securities
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

13(¥ million)(¥ million)
ThousandsharesThousandsharesThousandshares

4,914
240
240
4,673
30,443240
240
21,50021,47920−

Note 3. The Company’s shares, which are held by the trust in relation to the stock compensation plan and which are recorded as treasury
shares under shareholders’ equity, are in the calculation of net assets per share, included in the treasury shares which are excluded
from the total number of issued shares at fiscal year-end. In the calculation of profit attributable to owners of parent per share anddiluted profit attributable to owners of parent per share, the same is also included in treasury shares which are excluded for
calculating the weighted-average number of shares outstanding during the period. The number of the said treasury shares at theend of the period which were excluded in calculating net assets per share is 99,000 shares. The weighted-average number of thesaid treasury shares outstanding during the period which were excluded in calculating profit attributable to owners of parent per
share and diluted profit attributable to owners of parent per share is 32,000 shares.

(Significant Subsequent Events)
Not applicable.

(Reference)
Trust asset balance table(As of March 31, 2019)(Millions of yen)
Asset

Value

Liability

Value

Loans and bills discounted

2,483

Specified money in trust

2,535

Loans on deeds

2,483

Accounts receivable in trust

17,655

Monetary claims

17,076

Monetary claims in trust

6,857

Other monetary claims

17,076Composite trusts

Property, plant and equipment

6,597

Real estate

6,597

Due from bank accounts

245

Cash deposits

646

Deposits

646

Total

27,04814

Total

27,048

5. Non-consolidated Financial Statements and Notes(1) Non-consolidated Balance Sheets(¥ million)
As of March 31, 2019

As of March 31, 2018
AssetsCurrent assets
Cash and due from banks
Accounts receivable - otherPrepaid expenses
Income taxes receivable
Suspense payments
Deposits paid
Total current assets
Non-current assets
Investments and other assets
Shares of subsidiaries and associates
Deferred tax assets
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 - other
Dividends payable
Income taxes
Deposits received
Suspense receipt
Reserve for employee bonuses
Provision for directors’ bonuses
Total current liabilities
Non-current liabilities
Provision for stock compensations
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

15

1,936
32
19
405
0
−
2,394

1,757
16
16
403
0
0
2,194

193,668
16
193,685
193,685

193,74411
193,755
193,75521
22
44
196,124

7
4
11
195,961

17
34
18
3
−
47
−
121

1
44
17
3
0
24
9
102

−
−
121

5
5
107

27,50027,50056,219110,272
166,491

56,219110,264
166,484

2,535
2,535
(625)
195,900
101
196,002
196,124

2,618
2,618
(804)
195,79756
195,854
195,961(2) Non-consolidated Statements of Income(¥ million)
Year ended
March 31, 2019Year ended
March 31, 2018
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
Commission fee
Miscellaneous loss
Amortization of deferred organization expenses
Amortization of share issuance cost
Total non-operating expenses
Ordinary profit
Extraordinary losses
Loss on valuation of shares of subsidiaries and associates

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

16

2,130
1,171
3,301

2,118
992
3,110

1,032
1,032
2,269

798
798
2,311

0
0
0

0
0
0

0
−
14
20
34
2,235
−
−
2,235
47
0
47
2,187

3
0
14
18
36
2,275
74
74
2,201
46
5
51
2,149

(3) Non-consolidated Statements of Changes in Net Assets
Year ended March 31, 2018 (From April 1, 2017 to March 31, 2018)(¥ million)
Shareholders’ equity
Capital surplus

Retained earnings

Subscription
rights tosharesTotal net
assets95

195,886

Total
retainedearnings

Treasury
stock

Total
shareholders’equity

2,426

2,426

(632)

195,791

Dividends of surplus(2,078)(2,078)(2,078)(2,078)Net income

2,187

2,187

2,187

2,187

(38)

(38)

(38)

44

38

38

Commonstock

Balance at beginning of the year

27,500

Other retained
earnings

Capitalreserve

Other
capitalsurplusTotal
capitalsurplus56,219110,277

166,497

Retainedearnings brought
forwardChanges of items during thereporting period

Acquisition of treasury stock(5)

Disposition of treasury stock(5)

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

5

5

−

−

(5)

(5)

109

109

6

109

5

115

27,50056,219110,272

166,491

2,535

2,535

(625)

195,900

101

196,002

Year ended March 31, 2019 (From April 1, 2018 to March 31, 2019)(¥ million)
Shareholders’ equity
Capital surplus

Retained earnings

Subscription
rights tosharesTotal net
assets101

196,002

Total
retainedearnings

Treasury
stock

Total
shareholders’equity

2,535

2,535

(625)

195,900

Dividends of surplus(2,066)(2,066)(2,066)(2,066)

Net income

2,149

2,149

2,149

2,149

(231)

(231)

(231)

52

45

45

Commonstock

Balance at beginning of the year

27,500

Other retained
earnings

Capitalreserve

Other
capitalsurplusTotal
capitalsurplus56,219110,272

166,491

Retainedearnings brought
forwardChanges of items during thereporting period

Acquisition of treasury stock(7)

Disposition of treasury stock(7)

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

(45)

(45)

−

−

(7)

(7)

82

82

(178)

(102)

(45)

(148)

27,50056,219110,264

166,484

2,618

2,618

(804)

195,79756

195,854(4) Notes on Premise of Going Concern
Not applicable.

176. (Reference) Non-consolidated Financial Statements of Kiraboshi Bank, Limited(1) Overview of Non-consolidated Financial Statements
Company name: Kiraboshi Bank, Limited
Representative: Hisanobu Watanabe, President

May 14, 2019

Responsible person for inquiries: Hiroshi Shibuya, Director, Managing Executive Officer, General manager of Corporate Planning Division

URL: https://www.kiraboshibank.co.jp
Telephone: +81-3-6447-5799
Note: Figures have been rounded down to the nearest million yen.

1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2019(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Ordinary income
Fiscal Year ended March 31, 2019
Fiscal Year ended March 31, 2018

Ordinary profit

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

75,84634,817

117.8
(2.2)

4,467
3,262

36.9
(23.0)

5,748
2,694

113.3
(29.0)(2) Non-consolidated financial position
Total assets(¥ million)

Total net assets(¥ million)

Net assets tototal assets ratio(%)

As of March 31, 2019
As of March 31, 2018

5,376,467
289,4185.3
2,331,024
110,969
4.7(Reference) Equity: As of March 31, 2019: ¥289,418 million As of March 31, 2018: ¥110,969 million(Note 1) Figures for the fiscal year ended March 31, 2018 are figures of the former Yachiyo Bank, Limited, the surviving company.
(Note 2) “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).

18

(2) Non-consolidated Balance Sheets
Kiraboshi Bank, Ltd.
As of March 31, 2018
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 corporate 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
Cash collateral paid for financial instruments
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

70,28723,152
47,13520,000
8,675
674
20
653
567,201
128,579
39,953
9,999
232,243
11,944144,481
1,605,223
15,57548,991
1,467,313
73,342
10,1069,614
46445
20,167
98
2,856
−
−
713
−
16,49830,967
8,437
19,769
239
1,125
1,395
667
168
2
497
−
5,223
1,504
(9,674)2,331,024(¥ million)
As of March 31, 2019402,625
39,051
363,573
2,308
59,326973
168
805
1,089,205
322,293
62,702−
403,347
31,095
269,766
3,696,166
40,968167,592
3,197,730
289,875
5,984
3,309
172
2,502
43,812
468
4,579
46
307
1,632
8,376
28,402
68,662
19,692
43,985
1,468
226
3,289
3,011
1,995
94
920
15,8757,991
5,596(25,073)
5,376,467(Note) Figures for the fiscal year ended March 31, 2018 are figures of the former Yachiyo Bank, Limited, the surviving company.

19

Kiraboshi Bank, Ltd.
As of March 31, 2018
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
Borrowed money from trust account
Other liabilities
Income taxes
Accrued expenses
Unearned income
Deposits received from employees
Reserve for interest on installment savings
Variation margins of futures markets
Financial derivatives
Cash collateral received for financial instruments
Lease obligations
Asset retirement obligations
Other liabilities
Reserve for employee bonuses
Provision for directors’ bonuses
Provision for stock compensations
Reserve for 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
Other capital surplus
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(¥ million)
As of March 31, 2019

2,117,183
54,3341,226,643
19,5592,961
769,752
19,05824,874
6,210
32,937
51,191
−
−
0
−
0
−
−
4,407
252
1,385
272
18
7
−
90
−
265
257
1,858
825
−
−
2,308
−
670
85
374
2,356
1,504
2,220,055

4,539,073
232,8632,347,191
33,93522,422
1,778,792
64,48559,382
19,510113,329
344,918
43,36643,366
533
1
30
500
245
14,310
928
3,142
1,796
0
22
1
1,484
461
1,631
783
4,059
1,573
148
76
−
2
1,351
−
656
2,356
5,596
5,087,049

43,73432,922
32,922−32,582
6,372
26,20911,70014,509109,239
1,397
331
1,729
110,9692,331,024

43,734
166,173
32,922
133,250
68,053
6,796
61,257
18,10043,157
277,961
11,36789
11,456
289,418
5,376,467(Note) Figures for the fiscal year ended March 31, 2018 are figures of the former Yachiyo Bank, Limited, the surviving company.

20

(3) Non-consolidated Statements of Income
Kiraboshi Bank, Ltd.
Year ended
March 31, 2018
34,81726,091
18,695
6,985
20
44
345
−
6,386
1,893
4,493
689
−
−
689
−
−
1,649
223
539
887
31,555
1,205
730
0
461
2
0
9
1,759
436
1,322
454
199
1
251
−
3
−
24,676
3,458
1,352
90
19
−
1,996
3,262
272
272
185
185
3,349
336
319
655
2,694

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
Trust fees
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
Gain on redemption of bonds
Other
Other ordinary income
Recoveries of written-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
Other interest expenses
Fees and commissions
Fees and commissions on domestic and foreign exchange

Other fees and commissions
Other operating expenses
Loss on foreign exchange transactions
Loss on trading account securities transactions
Loss on sale of bonds
Amortization on bonds
Expenses on financial derivatives transaction
Other
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
Losses on devaluation of stocks and other securities

Other
Ordinary profit
Extraordinary income
Gain on liquidation of subsidiaries
Extraordinary losses
Loss on deposition of fixed assets
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income(¥ million)
Year ended
March 31, 201975,84657,971
41,006
15,645
34
278
1,007
104
14,047
3,716
10,331
522
32
4
484
0
0
3,200
79
2,215
906
71,379
3,327
1,128
2
819
1,229
76
70
3,837
869
2,967
979
−
−
743
9
222
4
53,805
9,430
3,831
136
198
163
5,099
4,467
0
0
96
96
4,370
619
(1,997)(1,377)
5,748(Note) Figures for the fiscal year ended March 31, 2018 are figures of the former Yachiyo Bank, Limited, the surviving company.

21

7. Change of Officers
For change of officers, please refer to the “Notice regarding change of the Company’s officers” dated May 14,
2019, released at the same time as this report.

22