Tokyo Kiraboshi Financial Group, Inc.
Listed Code: 7173
(URL: https://www.tokyo-kiraboshifg.co.jp)
Listed Stock Exchange: TSE (Prime Market)
May 12, 2022

Consolidated Financial Reportfor the Fiscal Year Ended March 31, 2022
<Under Japanese GAAP>
Representative: Hisanobu Watanabe, President
Responsible person for inquiries: Nobuyuki Yasuda, Director and General Manager of Corporate Planning
Division
Telephone: +81-3-6447-5799
Date of Ordinary General Meeting of Shareholders: June 22, 2022
Date of submission of annual security report: June 22, 2022
Date to start dividend payment: June 7, 2022
Preparation of supplementary material on financial results: Yes
Holding of financial results presentation meeting: Yes
Note: Figures have been rounded down to the nearest million yen.

1. Consolidated Operating Performance for the Fiscal Year Ended March 31, 2022
(From April 1, 2021 to March 31, 2022)(1) Results in consolidated operations
Ordinary income(¥ million)(%)(Percentages represent year-on-year changes.)
Profit attributable toOrdinary profit
owners of parent(¥ million)(%)(¥ million)(%)

Fiscal year ended March 31, 2022
Fiscal year ended March 31, 2021

108,348
16.0
24,94393,352(0.7)
8,224(Note) Comprehensive income: Fiscal year ended March 31, 2022: ¥10,603 million (39.8%)
Fiscal year ended March 31, 2021: ¥17,616 million 393.3%
Profit attributableto owners ofparent per share(¥)
Fiscal year ended March 31, 2022
Fiscal year ended March 31, 2021

591.20128.87

203.2
250.3

18,1834,161

336.9(45.6)

Profit attributable Net income Ordinary profit Ordinary profit
to net assets to total assets
to ordinary
to owners of(%)(%)
incomeparent per share(Diluted) (¥)(%)
296.72
63.93

5.7
1.3

0.4
0.1

23.0
8.8

(Reference) Gain on equity-method investments: Fiscal year ended March 31, 2022: ¥6,540 million
Fiscal year ended March 31, 2021:¥24 million(2) Consolidated financial position
Total assets(¥ million)

Total net assets(¥ million)

Fiscal year ended March 31, 2022
6,443,807
319,312
Fiscal year ended March 31, 2021
5,921,945
310,880(Reference) Equity: Fiscal year ended March 31, 2022: ¥319,290 million
Fiscal year ended March 31, 2021: ¥310,849 million

Net assets tototal assets ratio
(%)
4.9
5.2

Net assets
per share(¥)
8,742.59
8,416.05(Note)“Equity” consists of subscription rights to shares at the end of the fiscal year and non-controlling interests at the end of the period
subtracted from net assets, and the “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. 20 of 2006).

(3) Consolidated cash flows
Cash flow fromoperating activities(¥ million)
Fiscal year ended March 31, 2022
Fiscal year ended March 31, 2021

Cash flow frominvesting activities(¥ million)

67,478232,544

Cash flow from
Cash and cash
financing activities equivalents at year(¥ million)end (¥ million)

24,450(15,335)(2,299)(2,003)

843,122753,492

2. Dividends
Annual dividend per share (¥)
Firstquarter

SecondquarterThird Fiscal yearAnnual
quarterend

Total dividends (fullyear) (¥ million)

Payout ratio(consolidated)(%)

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

Fiscal year
ended March 31, 2021
–
30.00
–
30.00
60.00
1,827
46.5
0.7
ended March 31, 2022
–
30.00
–
45.00
75.00
2,284
12.6
0.8
ending March 31, 2023
16.4
–
52.50
–
52.50 105.00(Forecast)(Note) “Dividends” above refers to dividends for common stock. With regard to dividends for class shares (unlisted) issued by
the Company 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, 2023
(From April 1, 2022 to March 31, 2023)(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 toowners of parent

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

(%)

(¥)

11,500

55.4

7,500

57.3

244.0227,80011.4

19,5007.2

636.98* Notes(1) Changes in significant subsidiaries during the current period (Changes in specified subsidiaries
resulting in change in scope of consolidation): No
Included subsidiaries: ___ (name of company(ies)) ___Excluded subsidiaries: ___ (name of company(ies)) ___(Note) For details, please refer to “(6) Changes to significant subsidiaries in “4. Consolidated Financial Statements andNotes” on page 14 of the Attached Materials.

(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period
financial statements after error corrections
a. Changes in accounting policies due to revisions to accounting standards: Yes
b. Changes in accounting policies due to other reasons: Nonec. Changes in accounting estimates: None
d. Restatement of prior period financial statements after error corrections: None(3) Number of shares issued (common stock)a. Total number of shares issued at the end of the period (including treasury stock)
March 31, 2022

30,650,115 shares

March 31, 2021

30,650,115 sharesb. Number of treasury stock at the end of the period
March 31, 2022

434,295 shares

March 31, 2021

264,532 sharesc. Average number of shares during the period
Fiscal year ended March 31, 2022

30,330,953 sharesFiscal year ended March 31, 2021

30,380,902 shares(Note)The Company introduced Board Benefit Trust and the Company’s shares held by 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, 2022
(From April 1, 2021 to March 31, 2022)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Operating income
Fiscal year ended
March 31, 2022
Fiscal year ended
March 31, 2021

Ordinary profit

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

(%)

3,494

(10.2)

2,160(20.9)

2,165(21.0)

2,135(20.6)

3,892(37.1)

2,732(48.2)

2,743(47.9)

2,689(48.5)Net income per
share
Fiscal year ended
March 31, 2022
Fiscal year ended
March 31, 2021

Operating profit(¥ million)(¥)

Diluted net income
per share
(¥)

62.10

34.84

80.42

41.31

(2) Non-consolidated financial position
Total assets(¥ million)
Fiscal year ended March 31, 2022
209,942
Fiscal year ended March 31, 2021
200,350(Reference)
Equity: Fiscal year ended March 31, 2022: ¥199,457 million
Fiscal year ended March 31, 2021: ¥199,624 million

Total net assets(¥ million)

Net assets to total
assets ratio (%)

Net assets
per share(¥)

199,470
199,655

95.0
99.6

4,776.67
4,755.58(Note)“Equity” consists of subscription rights to shares at the end of the fiscal year subtracted from net assets, and the “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 tototal 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).
<Reasons for the difference in the non-consolidated financial statements between fiscal years ended March 31, 2021 and2022.>The Company received an extraordinary dividend from its consolidated subsidiary, Kiraboshi Bank, Ltd., in the fiscal year ended
March 31, 2021, resulting in differences in actual numbers between the fiscal years ended March 31, 2021 and 2022.
* 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 theforecasts 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
Fiscal year ended March 31, 2021–
125.00–125.00Fiscal year ended March 31, 2022–
126.00–126.00Fiscal year ending March 31, 2023–
126.00–126.00(Forecast)(Notes)
1. Amount paid per share: ¥20,000
2. Computation used to calculate dividend per share(1) Fiscal year ended March 31, 2021
(a) Computation
Dividend in first fiscal year = amount paid per share × annual dividend rate(b) Annual dividend rate (*)
Annual dividend rate = Japanese yen TIBOR + 1.1%(c) Japanese yen TIBOROn April 1, 2020, the Japanese yen TIBOR (12-month maturity) = 0.14636%(d) Shares issued
750,000(2) Fiscal year ended March 31, 2022
(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 April 1, 2021, the Japanese yen TIBOR (12-month maturity) = 0.15636%(d) Shares issued
750,000(3) Fiscal year ending March 31, 2023 (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 April 1, 2022, the Japanese yen TIBOR (12-month maturity) = 0.16000%(d) Shares issued
750,000

Annual
250.00252.00252.00* 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 (¥)
Firstquarter––

Second quarter

Third quarter

Fiscal year ended March 31, 2021
14.636–
Fiscal year ended March 31, 2022
15.636–
Fiscal year ending March 31, 2023–
16.000－(Forecast)(Notes)
1. Amount paid per share: ¥20,000
2. Computation used to calculate dividend per share(1) Fiscal year ended March 31, 2021
(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, 2020, the Japanese yen TIBOR (12-month maturity) = 0.14636%(d) Shares issued
2,000,000(2) Fiscal year ended March 31, 2022
(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, 2021, the Japanese yen TIBOR (12-month maturity) = 0.15636%(d) Shares issued
2,000,000(3) Fiscal year ending March 31, 2023 (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 April 1, 2022, the Japanese yen TIBOR (12-month maturity) = 0.16000%(d) Shares issued
2,000,000

Fiscal year-end

Annual14.636
15.63629.27231.27216.00032.000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, 2022 ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

2(2)

Projection ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

3(3)

Basic Policy for Profit Distribution and Dividends for This Term and the Next Term ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

4

2. Overview of the Tokyo Kiraboshi Financial Group ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

4-6

3. Basic Views on Selection of Accounting Standards ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

6

4. Consolidated Financial Statements and Notes(1)

Consolidated Balance Sheets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

7-8

(2)

Consolidated Statements of Income and Consolidated Statements of Comprehensive Income ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

9-10

(3)

Consolidated Statements of Changes in Net Assets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 11-12(4)

Consolidated Statements of Cash Flows ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 13-14(5)

Notes on Premise of Going Concern ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

15

(6)

Changes in significant subsidiaries during the current period ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

15

(7)

Changes in Accounting Policies ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

15

(8)

Additional Information ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

16

(9)

Notes to Consolidated Financial Statements ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 16-21(Reference) Trust asset balance table ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

22

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

23(2) Non-consolidated Statements of Income ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

24(3) Non-consolidated Statements of Changes in Net Assetsꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

25(4) Notes on Premise of Going Concern ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

26

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

27(2) Non-consolidated Balance Sheets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 28-29(3) Non-consolidated Statements of Income ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

30

7. (Reference) Non-consolidated Financial Statements of UI Bank Co., Ltd.
(1) Overview of Non-consolidated Financial Statementsꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

31(2) Non-consolidated Balance Sheets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 32-33(3) Non-consolidated Statements of Income ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ
* Financial Results for the Fiscal Year Ended March 31, 2022 Supplementary Information

134

1. Overview of Operating Results etc.
(1) Overview of Operating Results and Financial Position for the Consolidated Fiscal Year Ended
March 31, 2022
(Overview of operating results for the consolidated fiscal year ended March 31, 2022)
In the consolidated operating results for the fiscal year ended March 31, 2022, ordinary profit increased by¥16.7 billion year-on-year to ¥24.9 billion, and profit attributable to owners of parent increased by ¥14.0 billion yearon-year to ¥18.1 billion, due primarily to growth in profit of Kiraboshi Bank, Ltd., which makes up the majority ofconsolidated results, as well as the posting of ¥6.5 billion profit on investments based on the equity method
associated with the sale of real estate by an affiliate’s subsidiary.
The main factors affecting operating results of Kiraboshi Bank, Ltd. are as follows.
(i) Interest on loans and discounts: An increase of ¥3.4 billion year-on-year attributable largely to promotion of
main bank relationship building, business financing activities, and COVID-19related loans.
(ii) Interest and dividends on securities:
An increase of ¥2.5 billion year-on-year due notably to ¥3.0 billion of
extraordinary dividends received from subsidiaries (two credit guarantee
companies).
*Dividends from subsidiaries are eliminated from consolidated results asintercompany transactions.
(iii) Other net interest income:An increase of ¥0.8 billion year-on-year resulting partly from interest on
current account deposits held at the Bank of Japan, including the Special
Deposit Facility, etc.
(iv) Non-interest income:An increase of ¥2.5 billion year-on-year reflecting solid growth of commission
income from corporate customers associated largely with business financing.
(v) Expenses:
A decrease of ¥1.0 billion year-on-year due partly to reduction in expenses
resulting from improvement of management efficiency.
(vi) Credit-related costs:
A decrease of ¥2.0 billion year-on-year attributable primarily to enhancementof the credit management system, despite additional provisions made toreserve for possible loan losses in consideration of possible future impacts
that customers may face notably from the pandemic and the situation in
Ukraine, for which ¥1.4 billion and ¥0.6 billion were additionally posted,
respectively.
(vii) Other:
An increase of ¥6.2 billion year-on-year in other non-recurring profit,
attributable partly to decreases in merger and systems integration costs and in
retirement benefit expenses, despite a decrease of ¥1.5 billion year-on-year in
net gains related to securities that include ¥4.2 billion of gain on sale of sharesassociated with transfer of subsidiary shares to the parent.
* Gain associated with transfer of subsidiaries’ shares to the parent iseliminated from consolidated results as an intercompany transaction.
* Interest on loans and discounts includes interest subsidies associated with effectively interest-free, unsecuredloans on which interest would later be reimbursed afterwards by local governments.
As a result, Kiraboshi Bank, Ltd. recorded ordinary profit of ¥26.0 billion and net income of ¥18.4 billion.
However, in the Company’s consolidated operating results, profit attributable to owners of parent came to¥18.1 billion due partly to intercompany eliminations made, as noted above, with respect to dividends of ¥3.0
billion from subsidiaries and a gain of ¥4.2 billion from the sale of shares associated with the transfer ofsubsidiaries’ shares to the parent, and the posting of ¥6.5 billion profit on investments based on the equity
method.

2

(Overview of the financial position of the consolidated fiscal year ended March 31, 2022)
As of March 31, 2022, total assets amounted to ¥6,443.8 billion, up ¥521.8 billion from the end of the previous
fiscal year, and net assets stood at ¥319.3 billion, a ¥8.4 billion increase from the end of the previous fiscal year.
With respect to major account balances, deposits increased by ¥185.1 billion from the end of the previous fiscal
year to ¥5,157.5 billion, loans and bills discounted increased by ¥419.6 billion from the end of the previous fiscal
year to ¥4,346.1 billion, and securities decreased by ¥6.6 billion from the end of the previous fiscal year to ¥1,012.7
billion.
(Overview of cash flow for the consolidated fiscal year ended March 31, 2022)
During the fiscal year ended March 31, 2022, net cash provided by operating activities was ¥67.4 billion, duelargely to inflow from net increases in deposits and borrowed money. Net cash provided by investing activities was¥24.4 billion, due largely to inflow from sale and redemption of securities while cash was used in purchases of
securities. Net cash used in financing activities was ¥2.2 billion, attributable primarily to the payment of dividends.
As a result, cash and cash equivalents at the end of the fiscal year ended March 31, 2022 were ¥843.1 billion, an
increase of ¥89.6 billion from the end of the previous fiscal year.

(2) Projection
The forecast of the consolidated operating performance for the fiscal year ending March 31, 2023, is as follows.
Ordinary income of ¥27.8 billion
Profit attributable to owners of parent of ¥19.5 billion
Looking ahead at future economic conditions, uncertainties in the outlook are increasing because of suchfactors as the persistent impact of COVID-19 as well as emerging geopolitical risks stemming from the situation in
Ukraine and other events, and there are concerns that the economic downturn will be lengthy particularly for thoseindustries that are directly or indirectly affected.
Given these circumstances, it is difficult to forecast how the situation will develop, and there is a possibility that
the Group’s performance including its full-year operating results and financial position for the fiscal year ending
March 31, 2023 will be significantly affected.
The forecast presented above represents the judgment of management based on information currently
available, and may include uncertainties. Actual results, etc. may differ from the above forecast due to the changeof business condition, etc.

3(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 and relevantinternal reserves in consideration of its public nature as a bank holding company, while prioritizing returns toshareholders as an important management issue as it provides ongoing and stable dividends. In accordance withthis policy, a medium-term target for total shareholder return ratio is set at 20% - 30%.
The Company will pay out an annual dividend of ¥75 per share of common stock (an interim dividend of ¥30
and a year-end dividend of ¥45) for the fiscal year ended March 31, 2022. For First Series Class I preferred shares,in accordance with the provisions of the Articles of Incorporation, an annual dividend of ¥252 per share (an interim
dividend of ¥126 and a year-end dividend of ¥126) will be paid. For Class II preferred shares, likewise inaccordance with the provisions of the Articles of Incorporation, an annual dividend of ¥31.272 per share (an interim
dividend of ¥15.636 and a year-end dividend of ¥15.636) will be paid.
For the fiscal year ending March 31, 2023, an annual dividend of ¥105 per share of common stock (an interim
dividend of ¥52.5 and a year-end dividend of ¥52.5) is scheduled to be paid based on the policy described above.
For First Series Class I preferred shares, in accordance with the provisions of the Articles of Incorporation, anannual dividend of ¥252 per share (an interim dividend of ¥126 and a year-end dividend of ¥126) will be paid. For
Class II preferred shares, likewise in accordance with the provisions of the Articles of Incorporation, an annual
dividend of ¥32.000 per share (an interim dividend of ¥16.000 and a year-end dividend of ¥16.000) will be paid.

2. Overview of the Tokyo Kiraboshi Financial GroupAs of March 31, 2022, the Group is composed of the Company, which is a holding company, 15 consolidated
subsidiaries including Kiraboshi Bank, Ltd. (hereinafter “Kiraboshi Bank”), and UI Bank Co., Ltd. (hereinafter “UI Bank”),
and three affiliates (equity-method affiliates). It provides a wide range of financial services with a focus on the banking
business and encompassing diverse businesses such as securities, leasing, consulting, and FinTech.
In the fiscal year ended March 31, 2022, Kiraboshi Business Service Co., Ltd. executed an absorption-type merger
with Kiraboshi Credit Service Co., Ltd., effective April 1, 2021. Effective the same date, Kiraboshi Service Co., Ltd. wasconverted to a direct wholly owned subsidiary of the Company, changed its name to “Kiraboshi Business Office Service
Co., Ltd.,” transferred its operations in procurement and management of advertising supplies to Kiraboshi Business
Service Co., Ltd., and changed its line of business to processing of the Group’s back-office operation, including payroll
accounting, and provision of payroll services to external companies.
Effective December 1, 2021, Kiraboshi Digital Bank Preparatory Co., Ltd. changed its name to “UI Bank Co., Ltd.,”
and commenced operation on January 4, 2022. Effective January 25, 2022, Kiraboshi Bank established a consulting
joint venture in China, “StarBridge business consulting (Beijing) Co., Ltd.,” with China’s Zhaotai Group.
Effective March 31, 2022, the Company acquired the shares in Kiraboshi Tech, Inc., a consolidated subsidiary of
Kiraboshi Bank, Ltd., and converted the same to a consolidated subsidiary of the Company.

4

The diagram on the following page illustrates the business portfolio, as described above.

5

(Notes) 1. Effective April 1, 2021, Kiraboshi Business Service Co., Ltd. merged with Kiraboshi Credit Service Co., Ltd.
through an absorption-type merger.
2. Effective April 1, 2021, Kiraboshi Service Co., Ltd. was converted to a direct wholly-owned subsidiary of theCompany and, effective the same date, changed its name to “Kiraboshi Business Office Service Co., Ltd.”
3. Effective June 10, 2021, “KCP Equity Assist No. 1 Investment Limited Partnership” was established as a nonconsolidated subsidiary.
4. Effective December 1, 2021, Kiraboshi Digital Bank Preparatory Co., Ltd. changed its name to “UI Bank Co.,
Ltd.”, and commenced operation on January 4, 2022.
5. Effective January 25, 2022, Kiraboshi Bank, Ltd. established a consulting joint venture in China, “StarBridgebusiness consulting (Beijing) Co., Ltd.,” with China’s Zhaotai Group.
6. Effective March 31, 2022, the Company acquired the shares in Kiraboshi Tech, Inc., a consolidated
subsidiary of Kiraboshi Bank, Ltd., and converted the same to a consolidated subsidiary of the Company.

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 theGroup’s business activities are focused on Japan and to ensure that consolidated financial statements can becompared across time.
In terms of the application of International Financial Reporting Standards (IFRS), an appropriate response will bemade in consideration of circumstances in Japan and overseas.

6

4. Consolidated Financial Statements and Notes(1) Consolidated Balance Sheets
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
As of March 31, 2021
AssetsCash and due from banks
Call loans and bills bought
Monetary claims bought
Trading account securities
Money held in trust
Securities
Loans and bills discounted
Foreign exchange
Lease receivables and investment assets
Other assets
Tangible fixed assets
Buildings
Land
Leased assets
Construction in progress
Other tangible fixed assets
Gain on disposal of non-current assets
SoftwareLeased assets
Other tangible fixed assets
Net defined benefit assets
Deferred tax assets

753,974－
68,935845
1,620
1,019,415
3,926,518
9,422
18,71462,99856,362
16,49933,192
2,022
6
4,641
6,629
4,101
271
2,257
24,0543,140
4,412(35,101)
5,921,945

Customers’ liabilities for acceptances and guarantees

Reserve for possible loan losses
Total assets

7

As of March 31, 2022

844,418
6,095
70,029777
1,739
1,012,755
4,346,138
6,860
22,19865,13555,636
15,83133,192
1,940
71
4,601
7,918
7,068
205
643
28,952
4,769
5,623(35,240)
6,443,807

Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
As of March 31, 2021
Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldPayables under securities lending transactions
Borrowed money
Foreign exchange
Bonds
Other liabilities
Reserve for employee bonuses
Provision for directors’ bonuses
Provision for stock compensation
Net defined benefit liabilities
Reserve for directors’ retirement benefits
Reserve for point card certificates
Provision for loss on interest repayments
Reserve for loss on dormant deposit repayments
Provision for contingent loss
Reserves under special laws
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

Net deferred gains (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
Noncontrolling interests
Total net assets
Total liabilities and net assets

8

As of March 31, 2022

4,972,473
9,500
59,632
271,382
241,372293
4,000
43,864
1,523
155
163
53
14
43
7
1,289
794
0
86
4,412
5,611,065

5,157,583
9,500
117,525
302,567
463,903
655
3,800
60,044
1,605
114
217
56
7
51
3
370
757
0
106
5,623
6,124,495

27,500150,677
117,514(742)
294,949
13,078
189
(242)
11
2,863
15,90030－
310,880
5,921,945

27,500150,966
133,470(966)
310,969
4,186
675
(242)
24
3,676
8,320
13
8
319,312
6,443,807

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Year ended March 31, 2021

Year ended March 31, 2022

93,35258,751
46,384
11,422
4
384
556
150
14,940
4,093
15,41653
15,36285,127
1,252
734
1
87
172

108,348
63,12449,877
11,516
12
1,189
528
328
18,681
2,388
23,825
46
23,77983,404
1,176
844
2
33
231

237
14
3
3,273
1,211
56,09823,291
7,858
15,432
8,224
0
0
124
97
27
8,099
1,551
2,387
3,938
4,161
－
4,161

37
14
12
3,403
860
56,192
21,771
6,119
15,651
24,943
0
0
172
172
－
24,771
4,865
1,722
6,588
18,183－18,183

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans and bills boughtInterest on deposits with banks
Other interest income
Trust fees
Fees and commissions
Other operating income
Other ordinary income
Recoveries of written-off claim
OthersOrdinary expenses
Financing expenses
Interest on deposits
Interest on negotiable certificates of deposit
Interest on call money and bills soldInterest on payables under securities lendingtransactions
Interest on borrowed money
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
Extraordinary losses
Loss on disposal of non-current assets
Loss on cancellation of system contracts
Profit before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

9Consolidated Statements of Comprehensive Income
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Year ended
March 31, 2021
ProfitOther comprehensive income
Net unrealized gain on available-for-sale securities

Net deferred gains (losses) on hedges
Foreign currency translation adjustment
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 ofparentComprehensive income attributable to noncontrolling interests

10

Year ended
March 31, 2022

4,161
13,455
7,397
148
7
5,902

18,183(7,580)(8,881)
485
12
813

－

(10)

17,616

10,603

17,616

10,603－－

(3) Consolidated Statements of Changes in Net Assets(Year ended March 31, 2021)
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Shareholders’ equity
Common stock
Balance at beginning of theyear
Changes of items during thereporting period

Capital surplus

27,500Retained earnings

150,684

Total shareholders’equityTreasury stock

114,641(814)

292,010

Dividends of surplus(2,071)(2,071)

Profit attributable to ownersof parent

4,161

4,161

Acquisition of treasury
stock
Disposition of treasury
stock
Increase in retained
earnings due to addition ofequity-method affiliates
Increase in treasury stock
due to addition of equitymethod affiliates
Net changes of items otherthan shareholders’ equity
during the reporting period
Total changes of items during
the reporting period

(15)

(15)

87

80

(6)
782

Balance at end of period

782
(0)

(0)

－

(6)

2,873

71

2,938

27,500150,677

117,514(742)

294,949

Accumulated other comprehensive income
Net
Total
Subscription
Nonunrealized Net deferred
Foreign
RemeasureRevaluation
accumulated rights tocontrolling
gains
gain oncurrency
ments ofreserve forothersharesinterests
available-for- (losses) on
translation
definedlandcomprehensale
hedgesadjustment benefit plans
sive income
securities

Balance at beginning of theyear
Changes of items during thereporting period

5,629

41

(242)

4

(3,038)

2,394

56

－

Total net
assets294,462

Dividends of surplus(2,071)

Profit attributable to ownersof parent

4,161

Acquisition of treasury
stock
Disposition of treasury
stock
Increase in retained
earnings due to addition ofequity-method affiliates
Increase in treasury stock
due to addition of equitymethod affiliates
Net changes of items otherthan shareholders’ equity
during the reporting period
Total changes of items during
the reporting period
Balance at end of period

(15)
80
782
(0)
7,448

148

－

7

5,902

13,505(25)－

13,479

7,448

148

－

7

5,902

13,505(25)－

16,41813,078

189

(242)

11

2,863

15,90030－

310,88011

(Year ended March 31, 2022)
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Shareholders’ equity
Common stock
Balance at beginning of theyear
Cumulative effects ofchanges in accounting
policies
Restated balance at
beginning of the year
reflecting changes inaccounting policies
Changes of items during thereporting period

Capital surplus

27,500Retained earnings

150,677

Treasury stock

117,514

Total shareholders’equity(742)

294,949(151)
27,500150,677(151)

117,363(742)

294,798

Dividends of surplus(2,076)(2,076)

Profit attributable to ownersof parent

18,18318,183Acquisition of treasury
stock
Disposition of treasury
stock
Capital increase of
consolidated subsidiaries
Net changes of items otherthan shareholders’ equity
during the reporting period
Total changes of items during
the reporting period

(2)

(280)

(280)

56

53

291

Balance at end of period

291

-

288

16,106(223)

16,171

27,500150,966

133,470(966)

310,969

Accumulated other comprehensive income
Net
Total
Subscription
Nonunrealized Net deferred
Foreign
RemeasureRevaluation
accumulated rights tocontrolling
gain ongains
currency
ments ofreserve forothersharesinterests
available-for- (losses) on
definedtranslation
landcomprehenhedges
saleadjustment benefit plans
sive income
securities

Balance at beginning of theyear
Cumulative effects ofchanges in accounting
policies
Restated balance at
beginning of the year
reflecting changes inaccounting policies
Changes of items during thereporting period

13,078

189

(242)

11

2,863

15,90030－

Total net
assets

310,880(151)

13,078

189

(242)

11

2,863

15,90030－

310,729

Dividends of surplus(2,076)

Profit attributable to ownersof parent

18,183Acquisition of treasury
stock
Disposition of treasury
stock
Capital increase of
consolidated subsidiaries
Net changes of items otherthan shareholders’ equity
during the reporting period
Total changes of items during
the reporting period
Balance at end of period

(280)
53
291
(8,891)

485

-

12

813

(7,580)(17)

8(7,588)(8,891)

485

-

12

813

(7,580)

(17)

8

8,583

4,186

675

(242)

24

3,676

8,320

13

8

319,31212

(4) Consolidated Statements of Cash Flows
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Year ended
March 31, 2021
Cash flows from operating activities
Profit before income taxes
Depreciation
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 ofsystem contracts
Increase (decrease) in reserve for contingent loss
Interest income
Financing expenses
Gain (loss) on securities
Net losses (gains) on money held in trust
Foreign exchange losses (gains)
Net loss (gain) on disposal of non-current 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 toBank of Japan)
Net (decrease) increase in call loans
Net increase (decrease) in call money
Net increase (decrease) in payables under securities lendingtransactions
Net decrease (increase) in foreign exchange (assets)
Net increase (decrease) in foreign exchange (liabilities)
Net decrease (increase) in lease receivables and investment
assetsIncrease (decrease) due to issuance and redemption of straightbonds
Proceeds from fund management
Payments for finance
Other
Subtotal
Income taxes paid
Income taxes refund
Cash flows from operating activities

13

Year ended
March 31, 2022

8,099
4,820
(24)
2,025
(113)
(28)
23
(10,819)
(12)
(9)
3
(0)

24,771
5,112(6,540)
139
82
(40)
54
(4,898)
3
(7)
7
(4)

(29)

(919)

(935)

－

134
(58,751)
1,252(5,446)(168)(9,003)97
160(165,683)
341,2852,200(36)(63,124)
1,176
(704)
(118)
(17,132)172
68(419,620)
185,110－

199,195

222,530

134

(813)

7,777
(158,059)(7,188)57,892

14,761

31,185(3,829)
61

2,562
361

(1,092)(3,483)

(200)

(200)

55,154(1,724)14,007235,258(3,719)1,005
232,544

61,084(1,249)765
66,999(972)
1,451
67,478Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Year ended
March 31, 2021
Cash flows from investing activities
Purchase of securities
Proceeds from sales of securities
Proceeds from redemption of securities
Payments due to increase in money held in trust
Purchase of tangible fixed assets
Retirement of tangible fixed assets
Proceeds from sales of tangible fixed assets
Purchase of intangible fixed assets
Purchase of shares in affiliates
Net cash provided by (used in) investing activities
Cash flows from financing activities
Cash dividends paid
Purchase of treasury shares
Proceeds from sale of treasury stock
Proceeds from exercise of share options
Proceeds from exercise of performance-linked
stock-based compensation
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

14

Year ended
March 31, 2022

(384,714)
214,154
168,458(800)(2,342)(753)
1(4,339)(4,999)(15,335)(331,281)
193,832
169,109－(3,170)(560)
4(3,483)－24,450(2,071)(15)
6
27(2,076)
(279)
2
18

52

35

(3)
(2,003)(0)(2,299)02

215,206
538,286
753,492

89,630753,492
843,122

(5) Notes on Premise of Going Concern
Not applicable.

(6) Changes in significant subsidiaries during the current period
Not applicable.
The following changes in subsidiaries were made involving change of name, company establishment, or otherchanges. Note that none of the events constitute a change in specified subsidiaries.
 Effective April 1, 2021, an absorption-type merger was executed between Kiraboshi Business Service Co., Ltd.
as the surviving company and Kiraboshi Credit Service Co., Ltd. as the absorbed company.
 Effective April 1, 2021, a company split was executed with Kiraboshi Service Co., Ltd. as the split company andKiraboshi Business Service Co., Ltd. as the successor company. Effective the same date, Kiraboshi Service Co.,
Ltd. changed its name to Kiraboshi Business Office Service Co., Ltd.
 Effective December 1, 2021, Kiraboshi Digital Bank Preparatory Co., Ltd. changed its name to “UI Bank Co., Ltd.,”
and commenced operation on January 4, 2022 and started providing services for customers on January 17.
 Effective January 25, 2022, Kiraboshi Bank, Ltd. established a consulting joint venture in China, “StarBridgebusiness consulting (Beijing) Co., Ltd.,” with China’s Zhaotai Group.
 Effective March 31, 2022, the Company acquired shares in Kiraboshi Tech, Inc., a consolidated subsidiary of
Kiraboshi Bank, Ltd., and converted the same to a consolidated subsidiary of the Company.
(7) Changes in Accounting Policies(Application of accounting standard and related implementation guidance on revenue recognition)
The Group has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March
31, 2020, hereinafter referred to as “Accounting Standard for Revenue Recognition”) and related implementation
guidance from the beginning of the first half of the fiscal year ended March 31, 2022. Accordingly, revenue isrecognized at a point in time when control of promised goods or services is transferred to the customers, at theamount that is expected to be received in exchange for the goods or services.
The Accounting Standard for Revenue Recognition, etc. is applied from the balance at the beginning of thefirst half of the fiscal year ended March 31, 2022, pursuant to the transitional treatment stipulated in the proviso ofparagraph 84 of the Accounting Standard for Revenue Recognition, in accordance with which the cumulative effectassuming the new accounting policy was applied retrospectively prior to the beginning of the first half of the fiscal
year ended March 31, 2022 was added to or deducted from the balance of retained earnings at the beginning of
the fiscal year ended March 31, 2022.
As a result, the beginning balance of retained earnings decreased by ¥158 million. The effect of this change
in the accounting policy on profit or loss of the first half of the consolidated fiscal year ended March 31 2022 isimmaterial.
(Application of accounting standard and related implementation guidance on far value measurement)
The Group has applied the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, July4, 2019, hereinafter referred to as “Accounting Standard for Fair Value Measurement”) and related implementation
guidance from the beginning of the first half of the fiscal year ended March 31, 2022. In accordance with paragraph
8 of the Accounting Standard for Fair Value Measurement, the fair value adjustment method for calculating the fairvalue of derivative transactions has been revised to a method that maximizes use of observable inputs estimatedfrom derivatives, etc. traded in the market. This revision was made pursuant to the application of the AccountingStandard for Fair Value Measurement, and the cumulative effect of applying the new accounting standard
retrospectively prior to the beginning of the first half of the fiscal year ended March 31, 2022 is reflected in retained
earnings as of the beginning of the first half of the fiscal year ended March 31, 2022, in accordance with thetransitional measures specified in paragraph 20 of the Accounting Standard for Fair Value Measurement. The effectof application of the Accounting Standard for Fair Value Measurement, etc. on the consolidated financial
statements of the first half of the fiscal year ended March 31, 2022 is immaterial.
In accordance with the transitional treatment set forth in paragraph 19 of the Accounting Standard for Fair
Value Measurement and paragraph 44-2 of the “Accounting Standard for Financial Instruments” (ASBJ Statement
No. 10, July 4, 2019), the new accounting policy prescribed by the Accounting Standard for Fair Value
Measurement, etc. will be applied prospectively.

15

(8) Additional Information(Posting of additional provision as a reserve for possible loan losses associated with Russian aggression
against Ukraine)
Russian aggression against Ukraine is giving rise to concern over its possible effects on corporate earnings
notably among borrowers with commercial distribution in the region. The Company recognizes that there may beresidual risk that is not fully reflected in borrower classification as of March 31, 2022.
With respect to such borrowers, a certain scenario has been developed, including downward adjustment toborrower classification, to estimate the amount of financial impact, based on which additional provision has beenposted as a reserve for possible loan losses.
(9) Notes to Consolidated Financial Statements(Segment information, etc.)
1. Summary of reportable segments
The reportable segments of the Group are the business units for which the Group is able to obtainfinancial information separately for assessment of business results by the Management Committee, etc., andcomprise banking and leasing business segments, the performance of which are reviewed periodically.
In the banking business segment, the Group is engaged primarily in the principal banking operations ofdeposit services, loan services, trading account securities services, securities investment services, domestic
exchange services, foreign exchange services and trust services. In the leasing business segment, theGroup is engaged in leasing services as part of finance-related business. Operations not included in thereportable segments are recorded as an aggregate under “Other.”
2. Calculation method of ordinary income, profit, assets, liabilities and other items by reportable segment
Accounting treatment of reportable segments is the same as that applied in the preparation of theconsolidated financial statements.
Reportable segment income is based on ordinary income. Intersegment ordinary income is based ontransaction prices among third parties.

16

3. Information related to ordinary income, profit, assets, liabilities and other items
Consolidated fiscal year ended March 31, 2022 (from April 1, 2021 to March 31, 2022)(Millions of yen)
Reportable segments
Bankingbusiness

Leasingbusiness

Other

Total

Total

Ordinary income
Ordinary income fromexternal customers

86,801

12,37999,1809,832

109,012Intersegment ordinary income

4,618

850

5,468

6,155

11,623

Total

91,41913,229104,648

15,987

120,636

Segment income

23,027783

23,811

8,386

32,197

Segment assets

6,426,052

35,883

6,461,935

221,433

6,683,369

Segment liabilities

6,107,579

33,295

6,140,875

19,204

6,160,079

Depreciation

4,926

28

4,954

157

5,112

Interest income

63,932

18

63,951

2,151

66,102

Interest expenses

Other items

1,223

96

1,319

28

1,348

Profit on investments basedon the equity method

－

－

－

6,540

6,540

Extraordinary income

0

－

0

－

0

0

－

0

－

0

11,722－

11,722679

12,402

8,485

587

9,072

903

9,975

(Gain on disposal of noncurrent assets)
Investments in entities
accounted for using the equity
methodIncrease in tangible andintangible fixed assets(Notes) 1. Ordinary income is presented instead of net sales which is generally used by non-financial companies.
2. “Other” represents business segments other than those of the reportable segments and include
consulting services, computer-related services, information provision services, and the credit cardbusiness.
4. Difference between total amount of reportable segments and the recorded amounts in the consolidated
financial statements, and the principal components of the difference (matters relating to adjustment ofdifference)(1) Total of ordinary income of reportable segments and ordinary income recognized in the consolidated
statement of income(Millions of yen)
Ordinary income

Year ended

Total of reportable segments

104,648

Ordinary income categorized in “Other”

15,987Purchase accounting adjustment(664)

Elimination of inter-segment transactions(11,623)

Ordinary income in the consolidated
statement of income

108,348(Note) Ordinary income is presented instead of net sales which is generally used by non-financial companies.
Reconciliation is stated for the difference between reportable segment ordinary income and the ordinary
income recognized in the consolidated statement of income.
17

(2) Total reportable segment income and ordinary income recognized in the consolidated statement of income(Millions of yen)
IncomeFiscal year ended March 31, 2022

Total of reportable segments

23,811

Income in “Other”

8,386

Purchase accounting adjustment(652)

Elimination of inter-segment
transactions(6,601)

Ordinary income in the consolidated
statement of income

24,943(3) Total reportable segment assets and assets recognized in the consolidated balance sheet(Millions of yen)
AssetsFiscal year ended March 31, 2022

Total of reportable segments

6,461,935

Assets in “Other”

221,433

Purchase accounting adjustment(102,029)

Elimination of inter-segment
transactions(137,531)

Total assets in the consolidatedbalance sheet

6,443,807(4) Total reportable segment liabilities and liabilities recognized in the consolidated balance sheet(Millions of yen)
Liability

Fiscal year ended March 31, 2022

Total of reportable segments

6,140,875

Liabilities in “Other”

19,204Purchase accounting adjustment(827)

Elimination of inter-segment
transactions(34,756)

Total liabilities in the consolidatedbalance sheet

6,124,495

18

(5) Total of other items of reportable segments and amounts of corresponding items recognized in the
consolidated financial statements(Millions of yen)Amounts in
Total of reportableconsolidated
Other
Adjustments
segments
financial
Other items
statements
Fiscal year ended Fiscal year ended Fiscal year ended Fiscal year ended
March 31, 2022
March 31, 2022
March 31, 2022
March 31, 2022
Depreciation

4,954

157

－

5,112

Interest income

63,951

2,151(2,978)63,124

Interest expenses

1,319

28

(172)

1,176

Profit on investments
based on the equity
method

－

6,540

－

6,540

Extraordinary income

0

－

－

0

0

－

－

0

11,722679－

12,402

9,072

903(1,530)8,445(Gain on disposal of noncurrent assets)
Investments in entities
accounted for using theequity method
Increase in tangible andintangible fixed assets

19(Per Share Information)
Reporting period(Year ended March 31, 2022)
Net assets per share¥8,742.59

Profit attributable to owners of parent per
share¥591.20

Profit attributable to owners of parent per
share (diluted)¥296.72(Note) 1. The calculation basis for net asset amount per share is as follows.
Reporting period(Year ended March 31, 2022)
Total net assets(¥ million)

319,312Amount deducted from total
net assets(¥ million)

55,147

Paid-in amount of preferredstock(¥ million)

55,000Cash dividends on preferredstock(¥ million)

125

Subscription rights to shares(¥ million)

13

Non-controlling interests(¥ million)

8

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

264,164

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

Thousandshares30,21520

(Note) 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 the reporting period.
Reporting period(Year ended March 31, 2022)
Profit attributable to owners of parent per
share
Profit attributable to owners ofparent(¥ million)

18,183

Amount not belonging tocommon stock(¥ million)

251

Cash dividends on preferredstock(¥ million)

251

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

17,931

Weighted-average shares ofcommon stock during theperiodThousandshares30,330

Profit attributable to owners of parent per
share (diluted)
Profit attributable to owners ofparent adjustment amount(¥ million)

251

Cash dividends on preferredstock(¥ million)

251

Thousandshares30,949Preferred stockThousandshares30,943

Subscription rights to shares

Thousandshares5

Effect of dilutive securities

Summary of residual securities not included
in calculation of net profit per share after
adjustment of residual securities because
they have no dilutive effects－(Note) 3. The Company’s shares which are held by the trust in relation to the stock compensation plan andwhich 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 sharesat fiscal year-end. In the calculation of profit attributable to owners of parent per share and diluted 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 the end of the period which were excluded in calculating
net assets per share is 236,000 shares. The weighted-average number of the said 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 126,000 shares.

(Significant Subsequent Events)
Not applicable.

21

(Reference)
Trust asset balance table(As of March 31, 2022)(Millions of yen)
Asset
Loans and bills discounted
Loans on deeds
Monetary claims

Value

Liability
2,733

Specified money in trust

2,851

2,733

Monetary claims in trust

25,45325,198Composite trusts

53,958

Total

82,263

Other monetary claims

25,198Property, plant and equipment

52,428

Movables669

Real estate

51,758Other receivables
Other receivables
Cash and due from banks

Value

0
0
1,902
1,902

Deposits
Total

82,26322

5. Non-consolidated Financial Statements and Notes(1) Non-consolidated Balance Sheets
Tokyo Kiraboshi Financial Group, Inc.(Non-consolidated)(¥ million)
As of March 31, 2021
AssetsCurrent assets
Cash and due from banks
Accounts receivable - otherPrepaid expenses
Income taxes receivable
Suspense payments
Deposits paid
Total current assets
Non-current assets
Intangible fixed assets
Software in progress
Total intangible fixed assets
Investments and other assets
Shares of subsidiaries and associates
Deferred tax assets
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Short-term borrowings
Accounts payable - otherAccrued expenses
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 compensation
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

23

As of March 31, 2022

1,583
10
21
488
7
6
2,117

2,004
15
23
420
9
0
2,474

1,008
1,008

－
－

197,19430
197,224
198,233
200,350

207,44424
207,468
207,468
209,942

－
506
－
55
21
10
0
40
36
670

10,250
14
13
57
10
10
0
48
22
10,428

24
24
695

44
44
10,47227,50027,50056,219110,254
166,473

56,219110,251
166,471

6,393
6,393
(742)
199,62430
199,655
200,350

6,452
6,452
(966)
199,457
13
199,470
209,942(2) Non-consolidated Interim Statements of Income
Tokyo Kiraboshi Financial Group, Inc. (Non-consolidated)(¥ million)
Year ended
March 31, 2021
Operating income
Dividends from subsidiaries and associates
Commissions from subsidiaries and associates
Other business revenue
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
Miscellaneous loss
Total non-operating expenses
Ordinary profit
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income

24Year ended
March 31, 2022

2,591
1,278
22
3,892

2,131
1,362
－
3,494

1,160
1,160
2,732

1,333
1,333
2,160

0
11
11

0
11
11

－
0
0
2,743
2,743
60
(5)
54
2,689

5
0
5
2,165
2,165
24
6
30
2,135

(3) Non-consolidated Statements of Changes in Net Assets
Year ended March 31, 2021 (From April 1, 2020 to March 31, 2021)
Tokyo Kiraboshi Financial Group, Inc. (Non-consolidated)(¥ million)
Shareholders’ equity
Capital surplus

Retained earnings
Subscription
rights tosharesTotal net
assets56

198,997

Capitalreserve

Other
capitalsurplusTotal
capitalsurplusOtherretainedearnings
Retainedearnings
brought
forward56,219110,260

166,480

5,775

5,775

Dividends of surplus(2,071)(2,071)(2,071)(2,071)

Net income

2,689

2,689

2,689

2,689

(15)

(15)

(15)

87

80

80

Commonstock

Balance at beginning of theyear
Changes of items during thereporting period

Acquisition of treasury
stock
Disposition of treasurystock
Net changes of items otherthan shareholders’ equity
Total changes of items during
the reporting period
Balance at end of period

27,500(6)

Total
retainedearnings(6)

Treasury
stock

Total
shareholders’equity(814)

198,940

(25)

(25)

－

－

(6)

(6)

618

618

72

684

(25)

658

27,50056,219110,254

166,473

6,393

6,393

(742)

199,62430

199,655

Year ended March 31, 2022 (From April 1, 2021 to March 31, 2022)
Tokyo Kiraboshi Financial Group, Inc. (Non-consolidated)(¥ million)
Shareholders’ equity
Capital surplus

Retained earnings
Subscription
rights tosharesTotal net
assets30

199,655

Capitalreserve

Other
capitalsurplusTotal
capitalsurplusOtherretainedearnings
Retainedearnings
brought
forward56,219110,254

166,473

6,393

6,393

Dividends of surplus(2,076)(2,076)(2,076)(2,076)

Net income

2,135

2,135

2,135

2,135

(280)

(280)

(280)

56

53

53

Commonstock

Balance at beginning of theyear
Changes of items during thereporting period

Acquisition of treasury
stock
Disposition of treasurystock
Net changes of items otherthan shareholders’ equity
Total changes of items during
the reporting period
Balance at end of period

27,500(2)

Total
retainedearnings(2)

Treasury
stock

Total
shareholders’equity(742)

199,624

(17)

(17)

-

-

(2)

(2)

59

59

(224)

(167)

(17)

(184)

27,50056,219110,251

166,471

6,452

6,452

(966)

199,457

13

199,47025

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

266. (Reference) Non-consolidated Financial Statements of Kiraboshi Bank, Ltd.
(1) Overview of Non-consolidated Financial Statements
May 12, 2022
Company name: Kiraboshi Bank, Ltd.
Representative: Hisanobu Watanabe, President
Responsible person for inquiries: Taketoshi Doi, 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, 2022
(From April 1, 2021 to March 31, 2022)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Ordinary income

Fiscal year ended March 31, 2022
Fiscal year ended March 31, 2021(¥ million)
93,755
82,134

Ordinary profit
%
14.1
(1.9)

(¥ million)
26,006
8,833

Net income
%
194.4
85.7

(¥ million)
18,484
4,837

%
282.0
(44.2)(2) Non-consolidated financial position
Total assets

Fiscal year ended March 31, 2022
Fiscal year ended March 31, 2021

Total net assets(¥ million)
6,361,437
5,902,261(¥ million)
305,159
297,863

Net assets to total assets
ratio
%
4.7
5.0

(Reference) Equity: Fiscal year ended March 31, 2022: ¥305,159 million
Fiscal year ended March 31, 2021: ¥297,863 million(Note) “Equity” is the value of total net assets at the end of the period, and “Net assets to total assets ratio” is calculatedby dividing equity by total assets at the end of the period. 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).

27

(2) Non-consolidated Balance Sheets
Kiraboshi Bank, Ltd.
(¥ million)
As of March 31, 2021
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
Money held in trust
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
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 andguarantees
Reserve for possible loan losses
Total assets

28

As of March 31, 2022

753,826
36,429717,397－
68,906
845
168
677
1,620
1,020,442
207,415
65,334
315,589
41,959390,1423,938,044
21,340145,008
3,461,200
310,494
9,422
7,476
115
1,830
47,355
515
4,936
1,003
218
1,088
2,990
36,602
62,247
16,491
40,986
1,918
6
2,845
4,513
3,376
214
922
19,196
4,825

786,460
38,290748,170
6,095
70,008
777
140
637
1,739
1,005,565
226,406
62,705276,545
41,924397,983
4,369,783
24,439169,1033,798,590
377,649
6,860
4,268
459
2,132
46,668
494
5,747
2,437
1,589
1,631
4,434
30,334
61,797
15,82040,986
1,848
71
3,070
5,418
4,642
163
612
22,911
5,549

4,412

5,633

(33,400)
5,902,261(33,831)6,361,437

Kiraboshi Bank, Ltd.
(¥ million)
As of March 31, 2021
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
Other liabilities
Income taxes
Accrued expenses
Unearned income
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 compensation
Reserve for point card certificates
Reserve for loss on dormant deposit repayments
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
Net deferred gains (losses) on hedges
Revaluation reserve for land
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

29

As of March 31, 2022

4,990,468
282,6532,904,433
32,414
20,478
1,631,321
49,08070,087
12,91059,632
271,382
230,399
230,399
293
1
48
243
29,656
649
2,144
2,440
11
7
2,826
328
2,235
1,045
17,967
1,361
119
138
2
1,289
794
1,535
4,412
5,604,397

5,045,602
296,485
3,045,234
31,37435,207
1,544,708
46,026
46,565
11,630117,525
302,567
522,372
522,372
655
1
78
575
45,971
3,257
1,862
3,258
10
531
4,534
164
2,116
706
29,528
1,389
91
173
2
370
757
1,535
5,633
6,056,278

43,734
166,173
32,922
133,250
73,4028,800
64,601
18,10046,501
283,310
16,134189(1,770)14,552297,8635,902,261

43,734
166,173
32,922
133,250
89,6859,227
80,458
18,10062,358299,594
6,660
675(1,770)5,564
305,159
6,361,437

(3) Non-consolidated Interim Statements of Income
Kiraboshi Bank, Ltd.
(¥ million)
Year ended
March 31, 2021
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans
Interest on deposits with banks
Interest income on interest rate swaps
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 sale of bond
Other operating income
Other ordinary income
Recoveries of written-off claim
Gain on sale of stocks and other securities
Gain on money held in trust
Other ordinary income
Ordinary expenses
Financing 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 expenses on interest rate swaps
Other interest expenses
Fees and commissions payments
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 bondAmortization on bondExpenses 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
Loss on devaluation of stocks and other securities
Other
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of non-current assets
Loss on cancellation of system contracts
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income
30

Year ended
March 31, 2022
82,13460,05946,395
12,601
4
383
－
675
150
12,640
3,494
9,146
4,293
1,508
2,180
605
4,989
51
4,521
168
247
73,300
1,280
735
1
87
172
179
3
99
3,954
787
3,167
1,196
3
110
578
503
－
53,59813,269
7,852
20
122
－
5,274
8,833
－
－
119
92
27
8,713
1,069
2,806
3,876
4,837

93,75566,92349,88815,189
12
1,190
1
641
328
15,2403,207
12,033
2,201
1,488
613
98
9,062
44
7,138
118
1,761
67,749
1,242
815
2
33
231
50
12
97
4,047
613
3,434
849
5
834
－
8
0
51,106
10,502
6,040
－
2,430
286
1,746
26,006
0
0
162
162
－
25,844
4,119
3,240
7,359
18,4847. (Reference) Non-consolidated Financial Statements of UI Bank Co., Ltd.
(1) Overview of Non-consolidated Financial Statements
May 12, 2022
Company name: UI Bank Co., Ltd.
Representative: Toshikazu Tanaka, President
Responsible person for inquiries: Nobuhito Fukuda, General manager of Corporate Planning Division
URL: https://www.uibank.co.jp
Telephone: +81-3-6271-5979
Note: Figures have been rounded down to the nearest million yen.
1.

Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2022
(From April 1, 2021 to March 31, 2022)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Ordinary income

Fiscal year ended March 31, 2022
Fiscal year ended March 31, 2021(¥ million)
48－

Ordinary profit%－－

Net income(¥ million)
(965)
－

%
－
－

(¥ million)
(967)
－

%
－
－

Total net assets

Net assets to total assets
ratio(2) Non-consolidated financial position
Total assets

Fiscal year ended March 31, 2022
Fiscal year ended March 31, 2021(¥ million)
140,390－(¥ million)
4,007
－

%
2.8
－

(Reference) Equity: Fiscal year ended March 31, 2022: ¥4,007 million－ million
Fiscal year ended March 31, 2021:(Note) “Equity” is the value of total net assets at the end of the period, and “Net assets to total assets ratio” is calculatedby dividing equity by total assets at the end of the period. 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).
Figures for the fiscal year ended March 31, 2021 and year-on-year comparison are not provided for UI Bank Co.,
Ltd. as it only commenced operation in January 2022.

31

(2) Non-consolidated Balance Sheets
UI Bank Co., Ltd.
(¥ million)
As of March 31, 2021
AssetsCash and due from banks
Due from banks
Securities
Japanese government bonds
Loans and bills discounted
Overdrafts
Other assets
Domestic exchange settlement account, debit
Prepaid expenses
Accrued income
Other assets
Tangible fixed assets
Other tangible fixed assets
Intangible fixed assets
SoftwareReserve for possible loan losses
Total assets

As of March 31, 2022

－
－
－
－
－
－
－
－
－
－
－
－
－
－
－
－
－

32

64,89864,898502
502
72,00072,000
1,427
576
370
28
452
32
32
1,558
1,558
(28)
140,390

UI Bank Co., Ltd.
(¥ million)
As of March 31, 2021

As of March 31, 2022

Liabilities－
136,221
Deposits－
8,242
Ordinary deposits－
127,978
Time deposits－
0
Other deposits－
161
Other liabilities－
35
Domestic exchange settlement account, credit－
27
Income taxes－
95
Accrued expenses－
3
Other liabilities－
136,382
Total liabilities
Net Assets－
2,725
Common stock－
2,275
Capital surplus－
2,275
Capital reserve－(992)
Retained earnings－(992)
Other retained earnings－(992)
Retained earnings brought forward－
4,007
Total shareholders’ equity－
4,007
Total net assets－
140,390
Total liabilities and net assets(Note) Figures for the fiscal year ended March 31, 2021 are not provided for UI Bank Co., Ltd. as it only commenced
operation in January 2022.

33

(3) Non-consolidated Interim Statements of Income
UI Bank Co., Ltd.
(¥ million)
Year ended
March 31, 2021

Year ended
March 31, 2022－
48
Ordinary income
46－
Interest income－
49Interest on loans and discounts
0－Interest and dividends on securities－(3)
Interest on deposits with banks
2－
Fees and commissions－
2
Fees and commissions on domestic and foreign exchange0－
Other fees and commissions－
0
Other ordinary income0－
Other ordinary income
1,014－
Ordinary expenses－
29
Financing expenses
29－Interest on deposits－
1
Fees and commissions payments
0－Fees and commissions on domestic and foreign exchange－0
Other fees and commissions
931－
General and administrative expenses－
52
Other ordinary expenses
28－
Provision of allowance for loan losses
－
23
Other
－
(965)
Ordinary loss－－
Extraordinary income－－
Extraordinary losses(965)－
Loss before income taxes
2－
Income taxes – current
2－
Total income taxes(967)－
Net loss(Note) Figures for the fiscal year ended March 31, 2021 are not provided for UI Bank Co., Ltd. as it only commenced
operation in January 2022.

34