Tokyo Kiraboshi Financial Group, Inc.
Listed Code: 7173
(URL: https://www.tokyo-kiraboshifg.co.jp)
Listed Stock Exchange: TSE (Prime Market)
May 1, 2024

Consolidated Financial Reportfor the Fiscal Year Ended March 31, 2024
<Under Japanese GAAP>
Representative: Hisanobu Watanabe, President
Responsible person for inquiries: Hajime Murakami, General Manager of Corporate Planning Division
Telephone: +81-3-6447-5799
Date of Ordinary General Meeting of Shareholders: June 24, 2024
Date of submission of annual security report: June 24, 2024
Date to start dividend payment: June 7, 2024
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, 2024
(From April 1, 2023 to March 31, 2024)(1) Results in consolidated operations(Percentages represent year-on-year changes.)
Profit attributable toOrdinary income
Ordinary profit
owners of parent(¥ million)(%)(¥ million)(%)(¥ million)(%)
Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023

138,331
10.4
32,968125,291
15.6
30,774(Note) Comprehensive income: Fiscal year ended March 31, 2024: ¥42,048 million 282.8%
Fiscal year ended March 31, 2023: ¥10,983 million 3.5%
Profit attributableto owners ofparent per share(¥)
Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023

839.60693.007.1
23.3

25,652
21,150

21.2
16.3

Profit attributable Net income Ordinary profit Ordinary profit
to net assets to total assets
to ordinary
to owners of(%)(%)
incomeparent per share(Diluted) (¥)(%)
610.91390.08(Reference) Gain on equity-method investments: Fiscal year ended March 31, 2024:

7.4
6.5

0.4
0.4

23.8
24.5

¥16 million

Fiscal year ended March 31, 2023: ¥3,569 million(2) Consolidated financial position
Total assets(¥ million)

Total net assets(¥ million)

Net assets
tototal assets
ratio (%)
5.0
4.8

Net assets
per share(¥)

Fiscal year ended March 31, 2024
7,193,503
365,129
10,244.37
Fiscal year ended March 31, 2023
6,742,149
326,972
9,025.41(Reference) Equity: Fiscal year ended March 31, 2024: ¥365,092 million
Fiscal year ended March 31, 2023: ¥326,904 million(Note)“Equity” consists of subscription rights to shares at the end of the fiscal year and non-controlling interests at the end of theperiod subtracted from net assets, and the “Net assets to total assets ratio” is calculated by dividing equity by total assets at
the 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 from
Cash flow from
Cash flow from
Cash and cash
operating activities investing activities financing activities equivalents at year(¥ million)(¥ million)(¥ million)end (¥ million)
Fiscal year ended March 31, 2024
288,195(63,311)(4,193)
1,154,770
Fiscal year ended March 31, 2023
(38,142)
132,413(3,318)934,079(Note) For further information on the foregoing including factors attributable to increases and decreases, please refer to“Overview of cash flow for the consolidated fiscal year ended March 31, 2024” on page 2 and “(4) Consolidated
Statements of Cash Flows” on pages 12 and 13 of the Attached Materials.

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

Third
quarter

Fiscalyear-end

AnnualTotal dividends(full year)(¥ million)

Payout ratio(consolidated)(%)

Dividends ratio
toshareholders’equity(consolidated)(%)

Fiscal year
62.50
115.00
3,501
16.5
1.2
52.50
–
–
ended March 31, 2023
ended March 31, 2024
–
65.00
–
80.00
145.00
4,416
17.2
1.5
ending March 31, 2025
–
75.00
–
75.00
150.0018.7(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, 2025
(From April 1, 2024 to March 31, 2025)(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)

(%)

(¥)

15,200(16.9)

10,200(24.2)

331.7032,100(2.6)

24,500(4.4)

798.92* 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) One company is added as a consolidated subsidiary. Note that this does not constitute a change in specified
subsidiaries. For details, please refer to “(6) Changes to significant subsidiaries” in “4. Consolidated Financial
Statements and Notes” 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: 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)
March 31, 2024

30,650,115 shares

March 31, 2023

30,650,115 sharesb. Number of treasury stock at the end of the period
March 31, 2024

394,867 shares

March 31, 2023

537,634 sharesc. Average number of shares during the period
Fiscal year ended March 31, 2024

30,203,805 sharesFiscal year ended March 31, 2023
30,154,488 shares(Note)The Company introduced Board Benefit Trust/Employee Stock Ownership Plan and the Company’s shares held by the said
trust are included in treasury stock.

(Reference) Overview of Non-consolidated Financial Results
1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2024
(From April 1, 2023 to March 31, 2024)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Operating income
Fiscal year ended
March 31, 2024
Fiscal year ended
March 31, 2023

Ordinary profit

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

(%)

6,684

28.2

4,481

23.2

4,407

23.3

4,326

24.3

5,211

49.1

3,637

68.3

3,574

65.0

3,479

62.9

Net income per
share
Fiscal year ended
March 31, 2024
Fiscal year ended
March 31, 2023

Operating profit(¥)

Diluted net income
per share(¥)

133.53103.03106.9964.17

(2) Non-consolidated financial position
Total assets(¥ million)
Fiscal year ended March 31, 2024
222,133
Fiscal year ended March 31, 2023
218,257(Reference)
Equity: Fiscal year ended March 31, 2024: ¥199,922 million
Fiscal year ended March 31, 2023: ¥199,483 million

Total net assets(¥ million)

Net assets to total
assets ratio (%)

Net assets
per share(¥)

199,931
199,496

90.0
91.3

4,785.13
4,793.92(Note)“Equity” consists of subscription rights to shares at the end of the fiscal year subtracted from net assets, and the “Netassets to total assets ratio” is calculated by dividing equity by total assets at the end of the fiscal year. Note that this “Netassets 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).
<Reasons for the differences in the non-consolidated financial statements between fiscal years ended March 31, 2023 and2024>
There was an increase in dividend from Kiraboshi Bank Ltd., a consolidated subsidiary of the Company, in the fiscal year
ended March 31, 2024, which resulted in differences in actual numbers between the fiscal years ended March 31, 2023 and2024.
* 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 (¥)
SecondFiscal yearFirst quarter
Third quarter
Annualquarter
end
Fiscal year ended March 31, 2023–
126.00–126.00252.00Fiscal year ended March 31, 2024–
133.00–133.00266.00Fiscal year ending March 31, 2025––
140.00140.00280.00(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, 2023
(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(2) Fiscal year ended March 31, 2024
(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate (*)
Annual dividend rate = Japanese yen TIBOR + 1.1%(c) Japanese yen TIBOROn March 31, 2023, the Japanese yen TIBOR (12-month maturity) = 0.23364%(d) Shares issued
750,000(3) Fiscal year ending March 31, 2025 (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, 2024, the Japanese yen TIBOR (12-month maturity) = 0.29545%(d) Shares issued
750,000* For annual dividend rate, figures less than one percent are calculated to three decimal places with the third decimal placeis rounded off to the second decimal place.

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

Secondquarter
16.00023.364

Third quarter

Fiscal year ended March 31, 2023––
Fiscal year ended March 31, 2024––
Fiscal year ending March 31, 2025–
29.545－(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, 2023
(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(2) Fiscal year ended March 31, 2024
(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 0.0%(c) Japanese yen TIBOROn March 31, 2023, the Japanese yen TIBOR (12-month maturity) = 0.23364%(d) Shares issued
2,000,000(3) Fiscal year ending March 31, 2025 (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, 2024, the Japanese yen TIBOR (12-month maturity) = 0.29545%(d) Shares issued
2,000,000

Fiscal yearend
16.00023.36429.545

Annual32.00046.72859.090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, 2024 ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

2(2)

Projection ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

3(3)

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

3

2. Overview of the Tokyo Kiraboshi Financial Group ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

3–5

3. Basic Views on Selection of Accounting Standards ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

5

4. Consolidated Financial Statements and Notes(1)

Consolidated Balance Sheets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

6–7

(2)

Consolidated Statements of Income and Consolidated Statements of Comprehensive Income ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

8–9

(3)

Consolidated Statements of Changes in Net Assets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 10–11(4)

Consolidated Statements of Cash Flows ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 12–13(5)

Notes on Premise of Going Concern ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

14

(6)

Changes in Significant Subsidiaries during the Current Period ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

14

(7)

Changes in Accounting Policies ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

14

(8)

Additional Information ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

14

(9)

Notes to Consolidated Financial Statements ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 15–20(Reference) Trust asset balance table ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

21

5. Non-consolidated Financial Statements and Notes(1) Non-consolidated Balance Sheets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 22–23(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 30–31
7. (Reference) Non-consolidated Financial Statements of UI Bank Co., Ltd.
(1) Overview of Non-consolidated Financial Statementsꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ

32(2) Non-consolidated Balance Sheets ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ 33–34(3) Non-consolidated Statements of Income ꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏꞏ
* Financial Results for the Fiscal Year Ended March 31, 2024 Supplementary Information35

1. Overview of Operating Results etc.
(1) Overview of Operating Results and Financial Position for the Consolidated Fiscal Year Ended
March 31, 2024
(Overview of operating results for the consolidated fiscal year ended March 31, 2024)
In the consolidated operating results for the fiscal year ended March 31, 2024, Kiraboshi Bank, Ltd., whichmakes up the majority of consolidated results, recorded ¥36.9 billion in ordinary profit, an increase of ¥0.4 billion
year-on-year, and ¥30.3 billion in net income, an increase of ¥2.8 billion year-on-year. However, as a result of
adjustments made for consolidated accounting, such as elimination of internal transactions, ordinary profit came to¥32.9 billion, an increase of ¥2.1 billion year-on-year, while profit attributable to owners of parent increased by ¥4.5
billion year-on-year to ¥25.6 billion. The main factors affecting the operating results of Kiraboshi Bank, Ltd.,
compared with the previous fiscal year, are as follows.
(i) Interest on loans and discounts*1:
An increase of ¥9.2 billion year-on-year due to a continued increase in loanbalances resulting largely from the promotion of main bank relationship building
and business financing activities, combined with rising yields.
(ii) Interest and dividends on securities:
An increase of ¥0.4 billion year-on-year due largely to increases in interest on
foreign securities and fund income offsetting a decrease of ¥2.9 billion in
dividends from equity-method affiliates. (Dividends from affiliates are internaltransactions and are thus eliminated from consolidated results.)(iii)

Other net interest income: A decrease of ¥2.6 billion year-on-year due largely to an increase in foreign
currency funding costs and payments of interest on borrowed money to UI Bank.
(iv) Non-interest income*2:
A decrease of ¥5.8 billion year-on -year due largely to posting of loss on foreignexchange transactions and absence of gains notably from unwinding of asset
swaps that were recorded in the previous fiscal year.
(v) Expenses:
An increase of ¥2.7 billion year-on-year partly due to an increase in personnel
expenses resulting from an increase in base pay.
(vi) Credit-related costs:
A decrease of ¥0.1 billion year-on-year reflecting in part a decline in the historicalpercentage of general reserve for possible loan losses.
(vii) Gains (losses) on bonds, stocks and other securities:
An increase of ¥2.8 billion year-on-year due largely to a decrease in loss fromsale of foreign bonds and an increase in gain on sale of equity securities held forpure investment.
*1 Interest on loans and discounts includes interest subsidies associated with effectively interest-free, unsecuredloans on which interest would later be reimbursed by local governments.
*2 Non-interest income is the figure for constituents of gross core business profit, excluding net interest income.
(Non-interest income = trust fees + net fees and commissions + other business income (excluding
gains/losses on bonds))(Overview of the financial position of the consolidated fiscal year ended March 31, 2024)
As of March 31, 2024, total assets amounted to ¥7,193.5 billion, up ¥451.3 billion from the end of the previous
fiscal year, and net assets stood at ¥365.1 billion, a ¥38.1 billion increase from the end of the previous fiscal year
due to an increase in retained earnings.
With respect to major account balances, deposits increased by ¥204.9 billion from the end of the previous fiscal
year to ¥5,830.2 billion, loans and bills discounted increased by ¥115.1 billion from the end of the previous fiscal
year to ¥4,821.2 billion, and securities increased by ¥70.8 billion from the end of the previous fiscal year to ¥927.8
billion.

2

(Overview of cash flow for the consolidated fiscal year ended March 31, 2024)
During the fiscal year ended March 31, 2024, net cash provided by operating activities was ¥288.1 billion, duelargely to inflow attributable to net increase in deposits and call money. Net cash used in investing activities was¥63.3 billion, due largely to outflow for purchase of securities although cash was provided from sale andredemption of securities. Net cash used in financing activities was ¥4.1 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, 2024, were
¥1,154.7 billion, an increase of ¥220.6 billion from the end of the previous fiscal year.

(2) Projection
The Group has formulated the new three-year Medium-Term Business Plan that starts in FY2024. For details,
please refer to the press release “Publication of specific strategies for achieving the Medium-Term Business Plan
(detailed version of the new Plan)” issued today. With respect to the consolidated operating performance for the
fiscal year ending March 31, 2025, the forecast is as follows.
Ordinary income of ¥32.1 billion
Profit attributable to owners of parent of ¥24.5 billion
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 a change inbusiness conditions, etc.

(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.
The Company will pay out an annual dividend of ¥145 per share of common stock (an interim dividend of ¥65
and a year-end dividend of ¥80) for the fiscal year ended March 31, 2024. For First Series Class I preferred shares,in accordance with the provisions of the Articles of Incorporation, an annual dividend of ¥266 per share (an interim
dividend of ¥133 and a year-end dividend of ¥133) will be paid. For Class II preferred shares, likewise inaccordance with the provisions of the Articles of Incorporation, an annual dividend of ¥46.728 per share (an interim
dividend of ¥23.364 and a year-end dividend of ¥23.364) will be paid.
Over the period of the current Medium-Term Business Plan (FY2024 to FY2026), the payout ratio target is set ataround 20% even after redemption of preferred shares and accordingly, for the fiscal year ending March 31, 2025,
an annual dividend of ¥150 per share of common stock (an interim dividend of ¥75 and a year-end dividend of ¥75)
is scheduled to be paid. For First Series Class I preferred shares, in accordance with the provisions of the Articles
of Incorporation, an annual dividend of ¥280 per share (an interim dividend of ¥140 and a year-end dividend of¥140) will be paid. For Class II preferred shares, likewise in accordance with the provisions of the Articles ofIncorporation, an annual dividend of ¥59.090 per share (an interim dividend of ¥29.545 and a year-end dividend of¥29.545) will be paid.

2. Overview of the Tokyo Kiraboshi Financial GroupAs of March 31, 2024, the Group is composed of the Company, which is a holding company, 18 consolidated
subsidiaries including Kiraboshi Bank, Ltd. and UI Bank Co., Ltd., 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
the securities, leasing, consulting, FinTech, and advertising, planning, and production businesses.
In the fiscal year ended March 31, 2024, H.S. Servicer Co., Ltd. changed its name to “Kiraboshi Servicer Co., Ltd.”effective April 1, 2023.
Effective October 2, 2023, Kiraboshi System Inc., a subsidiary of the Company, acquired all of the shares of ITC Co.,
Ltd., believing that the acquisition is conducive to providing ICT consulting services to Kiraboshi Bank customers. ITC Co.,
Ltd. was made a consolidated subsidiary of the Company.

3

The following diagram illustrates the business portfolio, as described above.
(As of March 31, 2024)
Head office, 156 branches, 7 offices*106 sales offices through office consolidation using Branch-in-Branchapproach
Bankingbusiness

Kiraboshi Credit Guarantee Co., Ltd.
(Guarantee operations including housing loans)(Domestic consolidated subsidiary)

Yachiyo Credit Guarantee Co., Ltd.
(Guarantee operations including housing loans)(Domestic consolidated subsidiary)

Kiraboshi Business Service Co., Ltd.
Kiraboshi Bank, Ltd.

(In-house mail, bill collection, concentrated administrative services,money collection services, procurement and management work foradvertising equipment, etc.)(Domestic consolidated subsidiary)(Consolidated subsidiary)

Kiraboshi Servicer Co., Ltd.
(Claim management and collection business)(Domestic consolidated subsidiary)

Kiraboshi Business Consulting Shanghai Co., Ltd.
Other(Consulting services)(Overseas consolidated subsidiary)

KIRABOSHI BUSINESS CONSULTING VIETNAM Co., Ltd.
UI Bank Co., Ltd.

Bankingbusiness(Consolidated subsidiary)(Consulting services)(Overseas consolidated subsidiary)

Kiraboshi Insurance Agency CO., LTD.
(Insurance agency business)(Domestic equity-method affiliate)

Tokyo Kiraboshi Lease, Inc.

Leasingbusiness

Tokyo Kiraboshi Financial Group, Inc.

StarBridge business consulting (Beijing) Co., Ltd.
(Consulting services)(Overseas equity-method affiliate)(Consolidated subsidiary)

Kiraboshi System, Inc.

Other

ITC Co., Ltd.
(System development business)(Domestic consolidated subsidiary)(Consolidated subsidiary)

Kiraboshi Consulting Co., Ltd.

Other(Consolidated subsidiary)

Kiraboshi JCB Co., Ltd.

Other(Consolidated subsidiary)

Kiraboshi Tech, Inc.

Other

(Consolidated subsidiary)

Kiraboshi Capital Co., Ltd.

Other(Consolidated subsidiary)

Kiraboshi Life Design Securities Co., Ltd.

Other(Consolidated subsidiary)

Kiraboshi business office service, Inc.

Other

(Consolidated subsidiary)

Be.Brave, Inc.

Other

(Consolidated subsidiary)
Other

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

Non-consolidated subsidiaries other than the above
・Tokyo Kanagawa Innovation Support Series 1 Investment Limited
Partnership for the Investment Business・Kiraboshi Capital-Mercuria Investment Limited Partnershipfor the Investment Business・Kiraboshi Capital Yume Habataki Series 1
Partnership for the Investment Business・Kiraboshi Capital Yume Habataki Series 2Partnership for the Investment Business・ A&KC Mezzanine Finance No. 1 Investment Limited Partnership
・ Kiraboshi Capital Tokyo Sparkle Investment Limited Partnership
・ A&KC Medical No. 1 Investment Limited Partnership
・ KCP Equity Assist No. 1 Investment Limited Partnership
・ KCP Buyout No. 1 Investment Limited Partnership
・ Kcon Innovation No. 1 Investment Limited Partnership

4

(Notes) 1. Effective April 1, 2023, H.S. Servicer Co., Ltd. changed its name to “Kiraboshi Servicer Co., Ltd.”
2. Effective October 2, 2023, Kiraboshi System, Inc. acquired all of the shares of “ITC Co., Ltd.” and made it asubsidiary. “ITC. Co., Ltd.” was made a consolidated subsidiary of the Company.
3. Effective December 26, 2023, “KCP Buyout No. 1 Investment Limited Partnership” was established as a nonconsolidated subsidiary.
4. Effective March 25, 2024, “Kcon Innovation No. 1 Investment Limited Partnership” was established as a nonconsolidated subsidiary.

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 be comparedacross time.
In terms of the application of International Financial Reporting Standards (IFRS), an appropriate response will be madein consideration of circumstances in Japan and overseas.

5

4. Consolidated Financial Statements and Notes(1) Consolidated Balance Sheets
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
As of March 31, 2023
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
Intangible fixed assets
Software
Goodwill
Leased assets
Other intangible fixed assets
Net defined benefit assets
Deferred tax assets

936,273
9,640
58,527861
2,867
856,976
4,706,163
4,519
24,85373,70855,971
15,43533,037
1,675
1,580
4,241
12,922
6,565
2,985
148
3,222
18,400
7,049
5,971(32,557)
6,742,149

Customers’ liabilities for acceptances and guarantees

Reserve for possible loan losses
Total assets

6

As of March 31, 2024

1,157,591
5,238
72,311
1,061
4,508
927,806
4,821,294
4,857
28,33377,65059,913
19,58333,037
1,638
431
5,223
17,636
8,277
4,417
138
4,803
34,693
1,940
5,526(26,863)
7,193,503

Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
As of March 31, 2023
Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldPayables under securities lending transactions
Borrowed money
Foreign exchange
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
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

7

As of March 31, 2024

5,625,386
9,500
448,139
184,751
79,786258
7,008－
50,696
1,670
155
374
75
67
74
259
883
0
116
5,971
6,415,177

5,830,294
71,000654,868
155,252
53,936
1,012
5,848
609
46,202
1,815
176
389
82
118
95
174
885
0
83
5,526
6,828,373

27,500150,968
151,399(1,198)328,669(5,121)
－
(242)
25
3,573
(1,765)13
55
326,972
6,742,149

27,500150,974
172,896(936)
350,434
1,696
(397)
(242)
40
13,561
14,6589
27
365,129
7,193,503

(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, 2023

Year ended March 31, 2024

125,291
71,66957,294
12,581
100
1,070
623
395
20,556
7,845
24,82375
24,74894,516
3,262
1,482
2
72

138,331
83,86866,294
16,028
196
799
548
346
22,196
1,743
30,176284
29,892
105,362
5,215
2,809
8
154

1,473

1,975

203
14
12
3,797
10,59557,947
18,913
1,844
17,06930,774
1,941
199

116
39
111
4,002
7,294
63,33925,5091,345
24,16332,968
－
－

1,520

－

221
847
198
461

－
219
219
－

187

－

31,867
7,907
2,891
10,79821,069(80)
21,15032,7498,896(1,771)
7,124
25,625(27)
25,652

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 receivables
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
Gains on return of securities from retirement
benefit trust
Gain on receipt of national subsidies, etc.
Extraordinary losses
Loss on disposal of non-current assets
Impairment losses
Provision for special account for tax purpose
reduction entry of non-current assets
Profit before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
ProfitLoss attributable to non-controlling interests
Profit attributable to owners of parent

8

Consolidated Statements of Comprehensive Income
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Year ended
March 31, 2023
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

9

Year ended
March 31, 2024

21,069(10,086)(9,306)
(675)
0
(103)

25,625
16,423
6,797
(397)
14
9,987

(2)

20

10,98342,048

11,06442,076(80)(27)

(3) Consolidated Statements of Changes in Net Assets(Year ended March 31, 2023)
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Shareholders’ equity
Common stock
Balance at beginning of theyear
Changes of items during thereporting period
Capital increase of
consolidated subsidiaries

Capital surplus

27,500Retained earnings

150,966

Treasury stock

133,470

Total shareholders’equity(966)

310,969

2

2

Dividends of surplus(3,221)(3,221)

Profit attributable to ownersof parent

21,15021,150Acquisition of treasury
stock
Disposition of treasurystock
Net changes of items otherthan shareholders’ equity
during the reporting period
Total changes of items during
the reporting period

(262)

(262)

30

30

(0)

Balance at end of period－

217,929(231)

17,69927,500150,968

151,399(1,198)328,669

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
Changes of items during thereporting period
Capital increase of
consolidated subsidiaries

4,186

675

(242)

24

3,676

8,320

13

8

Total net
assets319,3122

Dividends of surplus(3,221)

Profit attributable to ownersof parent

21,150Acquisition of treasury
stock
Disposition of treasurystock
Net changes of items otherthan shareholders’ equity
during the reporting period
Total changes of items during
the reporting period
Balance at end of period

(262)
30
(9,308)

(675)

－

0

(103)

(10,086)－

46(10,039)(9,308)

(675)

－

0

(103)

(10,086)

－

46

7,660

(5,121)

－

(242)

25

3,573

(1,765)13

55

326,97210

(Year ended March 31, 2024)
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

150,968

Treasury stock

151,399

Total shareholders’equity(1,198)328,669

Dividends of surplus(4,155)(4,155)

Profit attributable to ownersof parent

25,65225,652Acquisition of treasury
stock
Disposition of treasurystock
Net changes of items otherthan shareholders’ equity
during the reporting period
Total changes of items during
the reporting period

6

Balance at end of period

(51)

(51)

313

319

－

6

21,496262

21,76427,500150,974

172,896(936)

350,434

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
Changes of items during thereporting period(5,121)

－

(242)

25

3,573

(1,765)13

55

Total net
assets326,972

Dividends of surplus(4,155)

Profit attributable to ownersof parent

25,652Acquisition of treasury
stock
Disposition of treasurystock
Net changes of items otherthan shareholders’ equity
during the reporting period
Total changes of items during
the reporting period
Balance at end of period

(51)
319
6,818

(397)

－

14

9,987

16,423(3)(27)

16,392

6,818

(397)

－

14

9,987

16,423(3)(27)

38,157

1,696

(397)

(242)

40

13,561

14,6589

27

365,12911

(4) Consolidated Statements of Cash Flows
Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Year ended
March 31, 2023
Cash flows from operating activities
Profit before income taxes
Depreciation
Impairment losses
Amortization of goodwill
Gains on return of securities from retirement benefit trust
Share loss (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 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
Provision for special account for tax purpose reduction entry of
non-current assets
Gain on receipt of national subsidies, etc.
Net decrease (increase) 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
Net increase (decrease) in borrowed money from trust accountProceeds from fund management
Payments for finance
Other
Subtotal
Income taxes paid
Income taxes refund
Cash flows from operating activities

12

Year ended
March 31, 2024

31,867
5,582
461
195
(1,520)(3,569)(4,921)35
40
156
10,551
5
(2)
23
(3)

32,749
5,511
－
488
－
(16)
(5,695)145
21
15(16,292)
(4)
(102)
20
－

(110)

(85)

126
(71,669)
3,262
2,025
(328)
(13,280)(0)1(83,868)
5,215(2,474)(241)(15,293)
219

187

－

(221)
(83)
(357,531)
468,177－－(200)(115,269)
205,187
61,500(385,898)(25,850)(2,327)

(530)

7,956
330,614(9,381)
206,728(117,816)(29,499)

2,341
(396)

(338)
754

(2,655)(3,480)2,940(1,240)－68,760(2,589)(1,320)(30,936)(7,630)425(38,142)

609
78,250(4,754)
13,891
296,692(9,095)599
288,195

Tokyo Kiraboshi Financial Group, Inc.
(¥ million)
Year ended
March 31, 2023
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
Proceeds from sale of intangible fixed assets
National subsidy income, etc.
Payments for acquisition of businesses
Purchase of shares of subsidiaries resulting inchange in scope of consolidation
Purchase of shares of affiliates
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from issuance of shares
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

13

Year ended
March 31, 2024

(244,218)
290,622
99,460(800)(4,093)(283)
395(4,670)1
266－(509,843)
365,478
104,341(1,400)(7,490)(86)－(5,934)－－(7,131)(4,258)(1,245)(7)
132,413－(63,311)130(3,221)
(243)
11
－

－
(4,138)
(51)
3
0

9

－

(4)
(3,318)(6)(4,193)

3－

90,956
843,122934,079

220,690934,079
1,154,770

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

(6) Changes in Significant Subsidiaries during the Current Period
Not applicable.
Effective October 2, 2023, Kiraboshi System Inc., a subsidiary of the Company, acquired the shares of ITC
Co., Ltd. and made it a consolidated subsidiary. Note that this does not constitute a change in specified
subsidiaries.
Effective April 1, 2023, H.S. Servicer Co., Ltd. changed its name to “Kiraboshi Servicer Co., Ltd.”(7) Changes in Accounting Policies
Not applicable.

(8) Additional Information
Not applicable.

14(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.

15

3. Information related to ordinary income, profit, assets, liabilities, and other items by reportable segment
Consolidated fiscal year ended March 31, 2024 (from April 1, 2023 to March 31, 2024)(Millions of yen)
Reportable segments
Bankingbusiness

Leasingbusiness

Other

Total

Total

Ordinary income
Ordinary income from externalcustomers

112,178

13,773125,951

12,927

138,878

Intersegment ordinary income

311

782

1,094

10,263

11,358112,490

14,556

127,046

23,190150,237

Segment profit

32,268537

32,806

5,139

37,945

Segment assets

7,138,373

45,241

7,183,614

260,200

7,443,814

Segment liabilities

6,765,581

41,771

6,807,353

52,7366,860,089

4,965

378

5,343

168

5,511

－

－

－

488

488

Interest income

84,42935

84,464

4,264

88,728Financing expenses

5,144

147

5,292

256

5,549

Profit on investments basedon the equity method

－

－

－

16

16

Extraordinary income

－

－

－

－

－

(Gain on disposal of noncurrent assets)

－

－

－

－

－

Extraordinary losses

212

0

212

6

219

212

0

212

6

219

－

－

－

6,029

6,029

19,161

1,216

20,378522

20,900

Total

Other items
Depreciation
Amortization of goodwill(Loss 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 includes
consulting services, computer-related services, information provision services, credit card business,and claim management and collection business.

16

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

Fiscal year ended March 31, 2024

Total of reportable segments

127,046

Ordinary income categorized in “Other”

23,190Purchase accounting adjustment(547)

Elimination of inter-segment transactions(11,358)

Ordinary income in the consolidated
statement of income

138,331(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.
(2) Total reportable segment profit and ordinary profit recognized in the consolidated statement of income(Millions of yen)
ProfitFiscal year ended March 31, 2024

Total of reportable segments

32,806

Income in “Other”

5,139

Purchase accounting adjustment(712)

Elimination of inter-segment transactions(4,264)

Ordinary profit in the consolidated
statement of income

32,968(3) Total reportable segment assets and assets recognized in the consolidated balance sheet(Millions of yen)
AssetsFiscal year ended March 31, 2024

Total of reportable segments

7,183,614

Assets in “Other”

260,200

Purchase accounting adjustment(104,376)

Elimination of inter-segment transactions(145,935)

Total assets in the consolidated balance
sheet

7,193,503

17

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

Fiscal year ended March 31, 2024

Total of reportable segments

6,807,353

Liabilities in “Other”

52,736

Purchase accounting adjustment(1,525)

Elimination of inter-segment transactions(30,190)

Total liabilities in the consolidated balance
sheet

6,828,373(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, 2024
March 31, 2024
March 31, 2024
March 31, 2024
5,343

168

－

5,511

－

488

－

488

Interest income

84,464

4,264(4,859)83,868Interest expenses

5,292

256

(333)

5,215

Profit on investments
based on the equity
method

－

16

－

16

Extraordinary income

－

－

－

－

(Gain on disposal of noncurrent assets)

－

－

－

－

Extraordinary losses

212

6

－

219

212

6

－

219

－

6,029

－

6,029

20,378522(565)

20,335

Depreciation
Amortization of goodwill(Loss on disposal of noncurrent assets)
Investments in and shareof profit or loss of entities
accounted for using equity
methodIncrease in tangible andintangible fixed assets18

(Per Share Information)
Reporting period(Year ended March 31, 2024)
Net assets per share¥10,244.37

Profit attributable to owners of parent per
share¥839.60

Profit attributable to owners of parent per
share (diluted)¥610.91(Note) 1. The calculation basis for net asset amount per share is as follows.
Reporting period(Year ended March 31, 2024)
Total net assets(¥ million)

365,129

Amount deducted from total
net assets(¥ million)

55,183Paid-in amount of preferredstock(¥ million)

55,000Cash dividends on preferredstock(¥ million)

146

Subscription rights to shares(¥ million)

9

Non-controlling interests(¥ million)

27

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

309,945

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

Thousandshares30,25519

(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, 2024)
Profit per share
Profit attributable to owners ofparent(¥ million)

25,652

Amount not belonging tocommon stock(¥ million)

292

Cash dividends on preferredstock(¥ million)

292

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

25,359Weighted-average shares ofcommon stock during theperiodThousandshares30,203

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

292

Cash dividends on preferredstock(¥ million)

292

Thousandshares11,785Preferred stockThousandshares11,782

Subscription rights to shares

Thousandshares3

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 199,000 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 247,000 shares.

(Significant Subsequent Events)
Not applicable.

20

(Reference)
Trust asset balance table(As of March 31, 2024)(Millions of yen)
Asset
Loans and bills discounted
Loans on deeds
Monetary claims
Other monetary claims
Tangible fixed assets

Value

Liability
2,903

Specified money in trust

3,053

2,903

Monetary claims in trust

27,022

26,245Composite trusts

95,767

Total

125,843

26,24593,620Movables669

Real estate

92,950

Other receivables

Value

0

Other receivables0

Due from bank accounts

609

Cash and due from banks

2,464
2,464

Deposits
Total

125,843

21

5. Non-consolidated Financial Statements and Notes(1) Non-consolidated Balance Sheets
Tokyo Kiraboshi Financial Group, Inc. (Non-consolidated)(¥ million)
As of March 31, 2023
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
Software in progress
Total intangible fixed assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Leasehold deposits
Deferred tax assets
Total investments and other assets
Total non-current assets
Total assets

22

As of March 31, 2024

1,651
24
20
590
5
15
2,307

1,575
1
22
364
18
64
2,046

－
1
1

70
137
207

112
215,7852
47215,949
215,950
218,257535
219,2853
54219,879
220,087
222,133

Tokyo Kiraboshi Financial Group, Inc. (Non-consolidated)(¥ million)
As of March 31, 2023
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
Long-term borrowings
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, 2024

18,380
62
－
73
44
36
0
57
23
18,678

5,300
119
7
86
28
65
9
68
38
5,722

82
－
82
18,761

99
16,38016,47922,20227,50027,50056,219110,251
166,470

56,219110,257
166,476

6,711
6,711
(1,198)
199,483
13
199,496
218,257

6,881
6,881
(936)
199,9229
199,931
222,133

(2) Non-consolidated Statements of Income
Tokyo Kiraboshi Financial Group, Inc. (Non-consolidated)(¥ million)
Year ended
March 31, 2023
Operating income
Dividends from subsidiaries and associates
Commissions from subsidiaries and associates
Total operating income
Operating expenses
Selling, general and administrative expenses
Total operating expenses
Operating profit
Non-operating income
Interest income
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
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, 2024

3,300
1,911
5,211

4,253
2,431
6,684

1,574
1,574
3,637

2,203
2,203
4,481

0
8
9

0
19
19

71
0
72
3,574
3,574
118
(23)
94
3,479

92
1
93
4,407
4,407
87
(6)
80
4,326

(3) Non-consolidated Statements of Changes in Net Assets
Year ended March 31, 2023 (from April 1, 2022 to March 31, 2023)
Tokyo Kiraboshi Financial Group, Inc. (Non-consolidated)(¥ million)
Shareholders’ equity
Capital surplus

Retained earnings
Subscription
rights tosharesTotal net
assets13

199,470

Capitalreserve

Other
capitalsurplusTotal
capitalsurplusOtherretainedearnings
Retainedearnings
brought
forward56,219110,251

166,471

6,452

6,452

Dividends of surplus(3,221)(3,221)(3,221)(3,221)

Net income

3,479

3,479

3,479

3,479

(243)

(243)

(243)

11

11

11

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(0)

Total
retainedearnings(0)

Treasury
stock

Total
shareholders’equity(966)

199,457

－

－

－

－

(0)

(0)

258

258

(231)

26

－

26

27,50056,219110,251

166,470

6,711

6,711

(1,198)

199,483

13

199,496

Year ended March 31, 2024 (from April 1, 2023 to March 31, 2024)
Tokyo Kiraboshi Financial Group, Inc. (Non-consolidated)(¥ million)
Shareholders’ equity
Capital surplus

Retained earnings
Subscription
rights tosharesTotal net
assets13

199,496

Capitalreserve

Other
capitalsurplusTotal
capitalsurplusOtherretainedearnings
Retainedearnings
brought
forward56,219110,251

166,470

6,711

6,711

Dividends of surplus(4,155)(4,155)(4,155)(4,155)

Net income

4,326

4,326

4,326

4,326

(51)

(51)

(51)

313

319

319

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

27,5006

Total
retainedearnings

6

Treasury
stock

Total
shareholders’equity(1,198)

199,483

(3)

(3)

－

－

6

6

170

170

262

438

(3)

434

27,50056,219110,257

166,476

6,881

6,881

(936)

199,9229

199,93125

(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 1, 2024
Company name: Kiraboshi Bank, Ltd.
Representative: Hisanobu Watanabe, President
Responsible person for inquiries: Hajime Murakami, 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, 2024
(From April 1, 2023 to March 31, 2024)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Ordinary income

Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023(¥ million)
115,454
110,764

Ordinary profit
%
4.2
18.1

Net income(¥ million)
36,98636,561%
1.1
40.5(¥ million)
30,301
27,426

%
10.4
48.3

Total net assets

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

Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023
(Reference) Equity:(¥ million)
7,079,201
6,688,420(¥ million)
349,826
317,832%
4.9
4.7

Fiscal year ended March 31, 2024: ¥349,826 million

Fiscal year ended March 31, 2023: ¥317,832 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, 2023
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, 2024

904,424
38,517865,907
9,640
58,507
861
95
765
2,867
855,812147,385
62,398249,40750,657345,963
4,735,398
19,535
161,658
4,117,057
437,148
4,519
2,225
205
2,088
50,567
440
7,277
5,296
423
1,691
2,119
33,31762,25315,36540,828
1,563
1,580
2,916
6,958
4,179
120
2,658
12,608
6,997

1,122,993
38,4991,084,493
5,238
57,794
1,061
108
953
4,508
922,736
125,646
90,712
248,005
59,826
398,545
4,833,110
20,807
135,761
4,275,087
401,453
4,857
3,189
53
1,613
49,300
862
7,892
3,151
3,580
1,137
698
31,97865,827
19,46340,828
1,555
431
3,548
9,306
5,383
127
3,795
14,633
5,582

5,981

5,576

(28,978)
6,688,420(23,327)
7,079,201

Kiraboshi Bank, Ltd.
(¥ million)
As of March 31, 2023
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
Foreign exchange
Due to foreign banks
Foreign bills of exchange sold
Foreign bills of exchange payable
Borrowed money from trust account
Other liabilities
Income taxes payable
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, 2024

5,348,246
309,041
3,239,617
30,306
24,6191,632,049
41,69570,9169,500
448,139
184,751
333,943
333,943
258
1
27
228
－
35,348
4,260
2,133
3,775
8
0
1,980
82
1,790
643
20,672
1,400
73
262
2
259
883
1,535
5,981
6,370,587

5,472,896
308,037
3,385,579
29,13528,6401,628,644
37,26055,59871,000654,868
155,252
340,236
340,236
1,012
1
464
546
609
23,525
4,254
3,039
3,312
7
－
2,800
348
1,780
606
7,377
1,468
75
255
3
174
885
1,535
5,576
6,729,375

43,734
166,173
32,922
133,250
113,826
9,884
103,941
18,10085,841
323,735(4,131)－(1,770)(5,902)
317,832
6,688,420

43,734
166,173
32,922
133,250
139,889
10,732
129,156
18,100111,056
349,797
2,196(397)(1,770)28
349,826
7,079,201

(3) Non-consolidated Statements of Income
Kiraboshi Bank, Ltd.
(¥ million)

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 bonds
Gain on redemption of bonds
Net gain on financial derivatives
Other
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 foreign exchange transactions
Loss on trading account securities transactions
Loss on sale of bonds
Loss on devaluation of bonds
Expenses on financial derivatives transaction
Other
General and administrative expenses
Other ordinary expenses
Provision of allowance for loan losses
Write-off of loans
Loss on sale of stocks and other securities
Loss on devaluation of stocks and other securities
Other
Ordinary profit

30

Year ended March 31,
2023

Year ended March 31,
2024

110,764
78,43757,291
19,256
100
1,078
15
696
395
16,4202,684
13,735
9,116
78
5,434
105
3,496
－
6,396
74
5,667
328
325
74,203
4,004
900
2
72
1,473
1,459
－
95
4,032
447
3,584
10,579－5
10,372
177－
24
50,358
5,228
1,675
－
855
－
2,697
36,561

115,454
87,96066,504
19,723
196
826
0
708
346
16,533
2,623
13,909
1,427
－
1,328
－
－
99
9,187
284
8,137
241
524
78,468
6,507
1,422
8
154
1,975
2,750
110
83
4,240
465
3,775
7,257
1,471
4
4,993
19
402
365
53,046
7,415
1,231
91
1,766
31
4,294
36,986

Kiraboshi Bank, Ltd.
(¥ million)
Year ended March 31,
2023
Extraordinary income
Gain on disposal of non-current assets
Gains on return of securities from retirement benefit trust
Gain on receipt of national subsidies, etc.
Extraordinary losses
Loss on disposal of non-current assets
Provision for special account for tax purpose reduction entry of non-current assets
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income

31

1,938
196
1,520
221
369
181
187
38,130
7,037
3,666
10,70427,426

Year ended March 31,
2024
－
－
－
－
178
178
－
36,807
7,649(1,143)6,506
30,301

7. (Reference) Non-consolidated Financial Statements of UI Bank Co., Ltd.
(1) Overview of Non-consolidated Financial Statements
May 1, 2024
Company name: UI Bank Co., Ltd.
Representative: Nobuyuki Yasuda, 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, 2024
(From April 1, 2023 to March 31, 2024)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Ordinary income

Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023(¥ million)
2,801
1,475

Ordinary profit
%
89.8
－

Net income(¥ million)(2,197)(1,820)%－－(¥ million)(2,235)(1,824)%－－

Total net assets

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

Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023
(Reference) Equity:(¥ million)
414,316
343,260(¥ million)
7,747
6,483

%
1.8
1.8

Fiscal year ended March 31, 2024: ¥7,747 million
Fiscal year ended March 31, 2023: ¥6,483 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).

32

(2) Non-consolidated Balance Sheets
UI Bank Co., Ltd.
(¥ million)
As of March 31, 2023
AssetsCash and due from banks
Due from banks
Securities
Japanese government bonds
Loans and bills discounted
Loans on deeds
Overdrafts
Other assets
Domestic exchange settlement account, debit
Prepaid expenses
Accrued income
Other assets
Tangible fixed assets
Other tangible fixed assets
Intangible fixed assets
Software
Other intangible fixed assets
Reserve for possible loan losses
Total assets

67,296
67,296501
501
271,001－
271,001
1,926
1,040
411
125
348
28
28
2,613
2,066
546
(108)
343,260

33

As of March 31, 2024

60,20060,2007,424
7,424
340,28920
340,268
3,096
1,011
515
190
1,379
41
41
3,399
2,575
824
(136)
414,316

UI Bank Co., Ltd.
(¥ million)
As of March 31, 2023
Liabilities
Deposits
Ordinary deposits
Time deposits
Other deposits
Other liabilities
Domestic exchange settlement account, credit
Income taxes payable
Accrued expenses
Other liabilities
Provision for bonuses for directors (and otherofficers)
Provision for share-based payments
Total liabilities
Net Assets
Common stock
Capital surplus
Capital reserve
Retained earnings
Other retained earnings
Retained earnings brought forward
Total shareholders’ equity
Total net assets
Total liabilities and net assets

34

As of March 31, 2024

335,860
23,859311,958
41
903
196
40
623
43

403,489
39,024363,163
1,301
3,057
2,184
47
725
100

9

12

5
336,7778
406,568

4,875
4,425
4,425
(2,816)(2,816)(2,816)6,483
6,483
343,260

6,625
6,175
6,175
(5,052)(5,052)(5,052)
7,747
7,747
414,316

(3) Non-consolidated Statements of Income
UI Bank Co., Ltd.
(¥ million)
Year ended March 31,
2023
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on deposits with banks
Fees and commissions
Fees and commissions on domestic and foreign exchange
Other fees and commissions
Other ordinary income
Other ordinary income
Ordinary expenses
Financing expenses
Interest on deposits
Fees and commissions payments
Fees and commissions on domestic and foreign exchange
Other fees and commissions
Other ordinary expenses
Loss on foreign exchange transactions
General and administrative expenses
Other ordinary expenses
Provision of allowance for loan losses
Other
Ordinary loss
Extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Loss before income taxes
Income taxes – current
Total income taxes
Net loss

35

1,475
1,449
1,459
0
(9)
9
9
0
16
16
3,295
582
582
26
14
11
－
－
2,514
172
79
92
(1,820)－－－(1,820)3
3(1,824)

Year ended March 31,
2024
2,801
2,760
2,759
22
(21)
27
25
2
13
13
4,998
1,395
1,395
65
37
28
0
0
3,416
120
27
92
(2,197)－33
33(2,230)4
4(2,235)