Tokyo Kiraboshi Financial Group, Inc.
Listed Code: 7173
(URL: https://www.tokyo-kiraboshifg.co.jp/)
Listed Stock Exchange: TSE1
November 12, 2019

Consolidated Financial Reportfor the First Half of the Fiscal Year Ending March 31, 2020
<Under Japanese GAAP>
Representative: Keizo Ajioka, President
Responsible person for inquiries: Hiroshi Shibuya, General Manager of Corporate Planning Division
Telephone: +81-3-5341-4301
Date of submission of quarterly security report: November 26, 2019
Date to start dividend payment: December 3, 2019
Establishment of special transaction account: Not establishedPreparation 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 First Half of the Fiscal Year Ending March 31, 2020
(From April 1, 2019 to September 30, 2019)(1) Results in consolidated operations
Ordinary income(Percentages represent year-on-year changes.)
Profit attributable toOrdinary profit
owners of parent(¥ million)(%)(¥ million)(%)(¥ million)(%)

First half of the fiscal year ending March 31, 2020

44,704

13.2

2,838

5.6

3,386

(9.9)

First half of the fiscal year ended March 31, 201939,459

(6.6)

2,685

(53.0)

3,760(21.8)(Note) Comprehensive income: First half of the fiscal year ending March 31, 2020: ¥ 6,366 million 13.1%
First half of the fiscal year ended March 31, 2019: ¥ 5,625 million (26.0%)
Profit attributable toowners of parent
per share (¥)

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

First half of the fiscal year ending March 31, 2020

107.54

56.38

First half of the fiscal year ended March 31, 2019119.4472.34(2) Consolidated financial position
Total assets(¥ million)

Total net assets(¥ million)

Net assets tototal assets ratio
(%)
5.5
5.4

First half of the fiscal year ending March 31, 2020
5,406,482
298,303
Fiscal year ended March 31, 2019
5,373,212
293,124(Reference)
Equity: First half of the fiscal year ending March 31, 2020: ¥ 298,247 million Fiscal year ended March 31, 2019: ¥292,663 million(Note)“Equity” consists of subscription rights to shares at the end of the period 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 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. 20 of 2006).

2. Dividends
Annual dividend per share (¥)
First quarter

Second quarter

Third quarter

Fiscal year-end

AnnualFiscal year ended March 31, 2019

–

30.00

–

30.00

60.00

Fiscal year ending March 31, 2020

–

30.00

Fiscal year ending March 31, 2020 (Forecast)
–
30.00
60.00
(Note 1) Changes to the dividend forecast most recently announced: None
(Note 2) “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 results.)(¥ million)

Profit attributable toowners of parent per share

Profit attributable toowners of parent

Ordinary profit(%)(¥ million)

(%)

(¥)

2,100
(61.1)
6,500
27.4
Full-year(Note) Changes to the forecast of consolidated operating performance most recently announced: None

206.09* Notes(1) Changes in significant subsidiaries during the current period (Changes in specified subsidiaries
resulting in change in scope of consolidation): No
New subsidiaries: ___ (name of company(ies)
Excluded subsidiaries: ___ (name of company(ies)))(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: Noneb. 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)
First half of the fiscal year ending March 31, 2020

30,650,115 sharesFiscal year ended March 31, 201930,650,115 sharesb. Number of treasury stock at the end of the period
First half of the fiscal year ending March 31, 2020

279,227 sharesFiscal year ended March 31, 2019276,867 sharesc. Average number of shares during the period (cumulative from the beginning of the fiscal year)
First half of the fiscal year ending March 31, 2020

30,371,922 sharesFirst half of the fiscal year ended March 31, 201930,476,403 shares(Note) The Company introduced Board Benefit Trust and the Company’s shares held by the said trust are included intreasury stock.

(Non-consolidated Financial Statements)
1. Non-consolidated Operating Performance for the First Half of the Fiscal Year Ending March 31, 2020

(From April 1, 2019 to September 30, 2019)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)
Operating income
First half of the fiscal
year ending March 31,
2020
First half of the fiscal
year ended March 31,
2019

Operating profit

Ordinary profit

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

(%)

1,543

(8.7)

1,089

(15.4)

1,078(15.0)

1,068(11.5)

1,691

(1.4)

1,289

9.6

1,269

9.6

1,208

8.0

Net income per share(¥)
First half of the fiscal
year ending March 31,
2020
First half of the fiscal
year ended March 31,
2019

31.22

35.69

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

Total net assets(¥ million)

Net assets tototal assets ratio(%)

First half of the fiscal year ending March 31, 2020
196,010
195,886
99.9
Fiscal year ended March 31, 2019195,961
195,854
99.9(Reference)
Equity: First half of the fiscal year ending March 31, 2020: ¥195,829 million Fiscal year ended March 31, 2019: ¥195,797 million(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 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).

* This report is not subject to the scope of review by certified public accountants and audit corporations.
* Disclaimer and special note for referring to the forecast of operating performance
1. Since the Company falls under the category of specified company (a company undertaking businesses specified in Article
17-15, Paragraph 2 of the Cabinet Office Ordinance on Disclosure of Corporate Affairs, etc.), it prepares the Interim
Consolidated and Non-consolidated Financial Statements for the first-half accounting period.
2. 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 guaranteethat 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 than those of common stock is as follows.
(First series Class I preferred shares)
Dividend per share (¥)
Fiscal year ended March 31, 2019

First quarter

Second quarter

Third quarter

Fiscal year-end

Annual

–124.00–124.00248.00Fiscal year ending March 31, 2020–
124.00Fiscal year ending March 31, 2020–
124.00248.00(Forecast)(Notes)1. Changes to the dividend forecast most recently announced: None
2. Amount paid per share: ¥20,000
3. Computation used to calculate dividend per share(1) 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(2) 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 April 1, 2019, the Japanese yen TIBOR (12-month maturity) = 0.13636%(d) Shares issued
750,000(*Annual dividend rate: Figures less than % are calculated to three decimal places with the third decimal place rounded off to thesecond decimal place.)(Class II preferred shares)
Dividend per share (¥)
Fiscal year ended March 31, 2019

First quarter

Second quarter

Third quarter

Fiscal year-end

Annual–13.636–

13.63627.272

13.63627.272

Fiscal year ending March 31, 2020–
13.636
Fiscal year ending March 31, 2020–
(Forecast)(Notes)1. Changes to the dividend forecast most recently announced: None
2. Amount paid per share: ¥20,000
3. Computation used to calculate dividend per share(1) 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(2) Fiscal year ending March 31, 2020(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, 2019, the Japanese yen TIBOR (12-month maturity) = 0.13636%(d) Shares issued
2,000,000

Attached Materials
Index
1. Qualitative Information Regarding Consolidated Results for the first half of the fiscal year ending
March 31, 2020
(1)

Operating Results ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

2(2)

Financial Position ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

2(3)

Note on the Forecast of the Consolidated Operating Performance and Other Forward-Looking
Statements ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

2

2. Consolidated Interim Financial Statements and Notes(1)

Consolidated Interim Balance Sheets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

(2)

Consolidated Interim Statements of Income and Consolidated Interim Statements of

4

Comprehensive Income ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

5-6

(3)

Consolidated Interim Statements of Changes in Net Assets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

7(4)

Notes on Premise of Going Concern ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

8(5)

Changes in significant subsidiaries during the current interim accounting periodꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

9(Reference) Trust Asset Balance Table ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

10

3. (Reference) Non-consolidated Financial Statements of Kiraboshi Bank, Limited(1)

Overview of Non-consolidated Financial Statements ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

11

(2)

Non-consolidated Interim Balance Sheets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

12

(3)

Non-consolidated Interim Statements of Income ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

13(Appendix)

Financial Results for the First Half of the Fiscal Year Ending March 31, 2020
- Supplementary Information-

1

1. Qualitative Information Regarding Consolidated Results for the first half of the fiscal year ending
March 31, 2020
(1) Operating Results
Consolidated ordinary income for the first half of the fiscal year ending March 31, 2020 increased by¥5.2 billion year-on-year to ¥44.7 billion, due largely to the recording of subsidiaries’ income as a resultof the conversion of equity-method affiliates to subsidiaries as well as the increase in fees andcommissions. Consolidated ordinary expenses increased by ¥5.0 billion year-on-year to ¥41.8 billion,
due primarily to the recording of subsidiaries’ expenses and increase in allowance for loan losses. As aresult, consolidated ordinary profit increased by ¥0.1 billion year-on-year to ¥2.8 billion. Consolidated
extraordinary income increased by ¥0.6 billion reflecting largely the conversion of equity-method
affiliates to subsidiaries. Meanwhile, profit attributable to owners of parent decreased by 0.3 billion
year-on-year to ¥3.3 billion, as a result of a ¥1.1 billion increase in total income taxes..
(2) Financial Position
As of September 30, 2019, total assets amounted to ¥5,406.4 billion, up ¥33.2 billion from the end of
the previous fiscal year, and net assets stood at ¥298.3 billion, a ¥5.1 billion increase from the end of theprevious fiscal year.
With respect to major account balances, deposits increased ¥52.0 billion from the end of the previous
fiscal year to ¥4,579.1 billion, and loans and bills discounted decreased ¥25.8 billion from the end of theprevious fiscal year to ¥3,670.5 billion, while securities decreased ¥52.3 billion to ¥1,042.7 billion.
(3) Note on the Forecast of the Consolidated Operating Performance and Other Forward-Looking
Statements
The full-year forecast of consolidated operating performance for the fiscal year ending March 31,
2020 was revised on September 13, 2019 as follows.
Revision to the Full-Year Forecast of Consolidated Operating Performancefor the Fiscal Year Ending March 31, 2020 (From April 1, 2019 to March 31, 2020)
Ordinary profit

Profit attributable toowners of parent

Profit attributable toowners of parent per share

Forecast before revision (A)(announced on May 14, 2019)
Forecast after revision (B)(announced on September 13, 2019)(¥ million)(¥ million)

(¥)

5,400

5,100

159.99

2,100

6,500

206.09Amount of change (B – A)

(3,300)1,400

Percentage change (%)(61.1)

27.4(Reference) Previous fiscal year results(Fiscal year ended March 31, 2019)

3,480

4,914

153.52As announced in “Notice Concerning Consolidation of Headquarters Offices of Kiraboshi Bank, Ltd.,a Subsidiary of the Group” dated June 14, 2019, and “Notice Concerning Revision to the Full-Year
Forecast of Consolidated Operating Performance and Recognition of Extraordinary Income” dated
September 13, 2019, the Group expects to recognize extraordinary income in conjunction with thetransfer (sale) of Shinjuku Office which is currently owned by Kiraboshi Bank Ltd., a subsidiary of theGroup, in the fourth quarter with a view to further improving headquarters efficiency.

2

[Description of the assets to be transferred]
Location and description of the assets
Location: 9-2, Shinjuku 5-chome, Shinjuku-ku, Tokyo
Land area: 1,030.24 m2
Building area: 7,440.75 m2

Gain on transfer
Approximately¥5.4 billion

Current status
Used primarily by Sales Departmentof Shinjuku Head Office and theGroup’s headquarters departments* The transferee is Hulic Co., Ltd. (Address: 7-3 Nihonbashi Odenmacho, Chuo-ku, Tokyo). Transfer
price is approximately ¥11.2 billion.
* There are no pertinent matters to be noted with respect to the Group’s relationship with thetransferee in terms of capital relationship, personnel relationship, transactional relationship, andinterested party status.
* Gain on transfer is the amount after deducting the costs, etc. related to the transfer, including¥600 million as cost of restoration to the original condition.
* Even after the transfer of the Shinjuku Office, the Sales Department of Shinjuku Head office,Higashi Shinjuku Branch and Nishi Okubo Branch will continue to operate in the same location.
[Schedule of the transfer]
Date of the agreement: September 13, 2019
Property handover date: March 31, 2020 (scheduled date)3

2. Consolidated Interim Financial Statements and Notes(1) Consolidated Interim Balance Sheets(¥ million)
As of March 31, 2019
AssetsCash and due from banks
Call loans and bills bought
Other debt purchased
Trading account securities
Money held in trust
Securities
Loans and bills discounted
Foreign exchange
Lease receivables and investment assets
Other assets
Tangible fixed assets
Intangible fixed assets
Net defined benefit assets
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldPayables under securities lending transactions
Borrowed money
Foreign exchanges
Bonds
Borrowed money from trust account
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
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

4

As of September 30, 2019402,718
2,308
59,326973－
1,095,059
3,696,398
5,984－
47,52560,266
3,097
14,128
5,940
5,596(26,112)
5,373,212

486,284
3,377
59,844977
489
1,042,755
3,670,549
6,485
17,17853,90362,4583,840
15,658
5,819
5,837(28,977)
5,406,482

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

4,579,110
12,36076,115
347,60943,490274
2,000－
37,409
1,679
45
73
65
23
42
9
1,303
643
83
5,837
5,108,178

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

27,500150,687
111,405(806)
288,786
10,497
(242)
4
(798)
9,461
56
－
298,3035,406,482

(2) Consolidated Interim Statements of Income and Consolidated Interim Statements of Comprehensive Income(Consolidated Interim Statements of Income)Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Trust fees
Fees and commissions
Other operating income
Other ordinary income
Ordinary expenses
Financing expenses
Interest on deposits
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Ordinary profit
Extraordinary profit
Gain on disposal of non-current assets
Gain on step acquisitions
Gain on bargain purchase
Extraordinary losses
Loss on disposal of non-current assets
Profit before income taxes
Income tax – current
Income tax – deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2019
March 31, 2020
39,45944,70430,01528,721
21,54021,832
7,829
6,255
17
64
8,092
8,616
643
953
690
6,348
36,77341,865
1,789
1,265
658
585
1,290
1,120
439
389
28,89827,536
4,355
11,555
2,685
2,838
0
659
0
0
－
523
－
136
36
40
36
40
2,648
3,457
349
1,105
(1,475)(1,036)(1,125)
68
3,774
3,389
13
2
3,760
3,386

5

(Consolidated Interim Statements of Comprehensive Income)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Share of other comprehensive income of entities accounted for using equity method

Comprehensive income(Breakdown)(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2019
March 31, 2020
3,774
3,389
1,850
2,977
435
2,574
(1)
(4)
1,568
451
(151)
(44)
5,625
6,366
5,606
18

Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

6

6,407
(40)

(3) Consolidated Interim Statements of Changes in Net Assets(First half of the fiscal 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(1,031)(1,031)

Profit attributable to owners of parent

3,760

3,760

Acquisition of treasury stock
Disposition of treasury stock(6)

Change in ownership interest in subsidiaries

0

(16)

(16)

52

45
0

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

(8)

2,728

35

2,756

27,500150,567

108,934(589)

286,413

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

Accumulated other comprehensive income
Valuationdifference on
available-for-salesecurities

Balance at beginning of the year

6,075

Revaluation Foreign currency Remeasurements Total accumulated
othertranslationof definedreserve forcomprehensive
adjustment
benefitplans
income
land
(242)

10

1,146

6,989

NonSubscription
controllingrights tointerests
shares101

271

Total net
assets291,020

Changes of items during the reporting period(1)

Purchase of shares of consolidated subsidiaries

Dividends of surplus(1,031)

Profit attributable to owners of parent

3,760

Acquisition of treasury stock(16)

Disposition of treasury stock

45

Change in ownership interest in subsidiaries

0

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

279

－

(1)

1,568

1,845

(45)

14

1,814

Total changes of items during the reporting period

279

－

(1)

1,568

1,845

(45)

14

4,570

6,354

(242)

8

2,714

8,835

56

285

295,590

Balance at end of period7

(First half of the fiscal year ending March 31, 2020)(¥ million)
Shareholders’ equity
Total shareholders’equityCommon stock

Capital surplus

Retained earnings

27,500150,473

109,053

214

(0)

213

Dividends of surplus(1,034)(1,034)

Profit attributable to owners of parent

3,386

3,386

Balance at beginning of the year

Treasury stock(804)

286,223

Changes of items during the reporting period
Purchase of shares of consolidated subsidiaries

Acquisition of treasury stock(0)

Disposition of treasury stock

(7)

(7)

5

4

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

－

213

2,351

(1)

2,563

27,500150,687

111,405(806)

288,786

Accumulated other comprehensive income
Valuationdifference on
available-forsale securities

Balance at beginning of the year

7,923

Revaluation Foreign currency Remeasurements Total accumulated
othertranslationof definedreserve forcomprehensive
adjustment
benefit plansincome
land
(242)

8

(1,250)6,440

Subscription
Nonrights tocontrollingsharesinterests

Total net
assets56

293,124404

Changes of items during the reporting period
213

Purchase of shares of consolidated subsidiaries

Dividends of surplus(1,034)

Profit attributable to owners of parent

3,386

Acquisition of treasury stock(7)

Disposition of treasury stock4

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

2,573

－

(4)

451

3,021

－

(404)

2,616

Total changes of items during the reporting period

2,573

－

(4)

451

3,021

－

(404)

5,179

Balance at end of period

10,497

(242)

4

(798)

9,461

56

－

298,303(4) Notes on Premise of Going Concern
Not applicable.

8(5) Changes in significant subsidiaries during the current interim accounting period
Not applicable.
Effective May 28, 2019, the Group’s consolidated subsidiary of Kiraboshi Bank Ltd. converted its equity
method affiliate of Tokyo Kiraboshi Leasing Co., Ltd. to a consolidated subsidiary and, effective June 20, 2019,its ownership ratio was raised to 100%.
Furthermore, effective August 1, 2019, Tokyo Kiraboshi Leasing Co., a consolidated subsidiary of Kiraboshi
Bank Ltd., Kiraboshi System, Inc. and Kiraboshi JCB Co., Ltd. were converted to direct wholly-owned
subsidiaries of the Group. Effective September 3, 2019, KIRABOSHI BUSINESS CONSULTING VIETNAMCOMPANY LIMITED was established as a wholly-owned subsidiary of Kiraboshi Bank Ltd. in Ho Chi Minh
City, Vietnam. The new subsidiary is included in the scope of consolidation from the first half of the fiscal year
ending March 31, 2020. Note that the above events do not constitute a change in specified subsidiaries.

9

(Reference)
Trust asset balance table(As of September 30, 2019)(¥million)
Asset
Loans and bills discounted
Loans on deeds
Monetary claims
Other monetary claims
Property, Plant and Equipment
Real estate
Other receivablesSpecified money in trust
Cash deposits
Deposits
Total

Value

Liability

2,480
2,480
15,971
15,971
11,44011,44000535
535
30,427

Composite trusts

2,533
15,99911,894

Total

30,427

Specified money in trust
Monetary claims in trust

10

Value

3. (Reference) Non-consolidated Financial Statements of Kiraboshi Bank, Limited(1) Overview of Non-consolidated Financial Statements
November 12, 2020
Company name: Kiraboshi Bank, Limited
Representative: Hisanobu Watanabe, President
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: Amounts less than one million yen and figures beyond the first decimal place have been truncated.

1. Non-consolidated Operating Performance for the First Half of the Fiscal Year Ending March 31, 2020
(From April 1, 2019 to September 30, 2019)(1) Results in non-consolidated operations (cumulative)(Percentages represent year-on-year changes.)

Ordinary income

Ordinary profit

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

First half of the fiscal year ending
March 31, 2020

39,120

8.2

3,586

26.2

3,712

(5.2)

First half of the fiscal year ended
March 31, 201936,131

102.5

2,840

6.1

3,918

80.3

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

Total net assets(¥ million)

Net assets to total assets ratio(%)

First half of the fiscal year ending
March 31, 2020

5,389,338

291,562

5.4

Fiscal year ended March 31, 2019

5,376,467

289,418

5.3(Reference)
Equity: First half of the fiscal year ending March 31, 2020: ¥291,562 million
Fiscal year ended March 31, 2019: ¥289,418 million(Note)“Equity” is the value of total net assets at the end of the period, and “Net assets to total assets ratio” is calculated by 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).

11

○Non-consolidated Interim Financial Statements(2) Non-consolidated Interim Balance Sheets
Kiraboshi Bank, Limited(¥ million)

As of March 31, 2019
AssetsCash and due from banks
Call loans
Other debt purchased
Trading account securities
Money held in trust
Securities
Loans and bills discounted
Foreign exchange
Other assets
Tangible fixed assets
Intangible fixed assets
Prepaid pension cost
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money
Payables under securities lending transactions
Borrowed money
Foreign exchanges
Borrowed money from trust account
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
Retained earnings
Total shareholders’ equity
Valuation difference on available-for-sale securities
Revaluation reserve for land
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

12

As of September 30, 2019402,625
2,308
59,326973－
1,089,205
3,696,166
5,984
43,812
68,662
3,011
15,8757,991
5,596(25,073)
5,376,467

486,041
3,377
59,803977
489
1,037,029
3,678,589
6,485
41,60868,3693,617
16,527
7,951
5,837(27,368)
5,389,338

4,539,073
19,510113,329
344,918
43,366533
245
14,310
1,573
148
76
2
1,351
656
2,356
5,596
5,087,049

4,592,489
15,77076,115
347,60928,408274－
25,329
1,523
42
68
2
1,303
643
2,356
5,837
5,097,775

43,734
166,173
68,053277,961
11,36789
11,456
289,418
5,376,467

43,734
166,173
68,386278,294
13,17989
13,268291,562
5,389,338

(3) Non-consolidated Interim Statements of Income
Kiraboshi Bank, Limited

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Trust fees
Fees and commissions
Other operating income
Other ordinary income
Ordinary expenses
Financing expenses
Interest on deposits
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of non-current assets
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2019
March 31, 2020
36,131
39,12028,49329,711
19,47021,829
8,404
7,200
15
64
6,568
7,588
368
900
686
855
33,29035,534
1,594
1,260
593
585
1,452
1,509
288
336
25,82526,745
4,130
5,682
2,840
3,586
0
0
0
0
21
38
21
38
2,818
3,547
60
641
(1,160)(806)(1,099)
(164)
3,918
3,712

(Note)
Figures for the first half of the fiscal year ended March 31, 2019 (from April 1, 2018 to September 30, 2018) do not include the April 2018
figures of the two dissolved companies of the former Tokyo Tomin Bank and the former ShinGinko Tokyo.

13