Tokyo Kiraboshi Financial Group, Inc.
(Formerly: Tokyo TY Financial Group, Inc.)
Listed Code: 7173
(URL: https://www.tokyo-kiraboshifg.co.jp)
Listed Stock Exchange: TSE1
May 15, 2018

Consolidated Financial Reportfor the Fiscal Year Ended March 31, 2018
<Under Japanese GAAP>
Representative: Keizo Ajioka, President
Responsible person for inquiries: Arihito Suito, General Manager, Corporate Planning Division
Telephone: +81-3-5341-4301
Date of Ordinary General Meeting of Shareholders: June 28, 2018
Date of submission of annual security report: June 28, 2018
Date to start dividend payment: June 11, 2018
Preparation of supplementary material on financial results: Yes
Holding of financial results presentation meeting: Yes(for institutional investors and securities analysts)
Note: Figures have been rounded down to the nearest million yen.

1. Consolidated Operating Performance for the Fiscal Year Ended March 31, 2018
(From April 1, 2017 to March 31, 2018)(1) Results in consolidated operations(Percentages represent year-on-year changes.)
Ordinary income

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

Fiscal year ended March 31, 201882,616

(0.5)

4,727

(43.1)

3,677(85.5)

Fiscal year ended March 31, 2017

83,0924.4

8,322(42.4)

25,535

171.3(Note) Comprehensive income:Fiscal year ended March 31, 2018: ¥9,940 million (57.4 %)Fiscal year ended March 31, 2017: ¥23,355 million 877.1%

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

Net income to
net assets (%)

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

Fiscal year ended March 31, 2018112.94
77.25
1.2
0.0
5.7
Fiscal year ended March 31, 2017
830.61511.40
10.5
0.1
10.0
(Reference) Gain on equity-method investments:
Fiscal year ended March 31, 2018: ¥35 million
Fiscal year ended March 31, 2017: ¥78 million(Note) “Profit attributable to owners of parent” and “Comprehensive income” in the fiscal year ended March 31, 2017 include a ¥19,443
million gain on bargain purchase arising from the business integration with ShinGinko Tokyo, Limited.

(2) Consolidated financial position
Net assets to
Net assets
total assets ratio
per share(%)(¥)
As of March 31, 2018
5,482,704
291,020
5.3
7,729.99
As of March 31, 2017
5,577,306
283,357
5.0
7,476.05(Reference) Equity: As of March 31, 2018: ¥290,646 million
As of March 31, 2017: ¥282,924 million(Note) “Equity” consists of subscription rights to shares at the end of the fiscal year and non-controlling interests at the end of theperiod subtracted from net assets, and the “Net assets to total assets ratio” is calculated by dividing equity by total assets at the endof the fiscal year. Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio required for the Capital
Adequacy Ratio Notification (Financial Services Agency Notification No. 20 of 2006).
Total assets(¥ million)

Total net assets(¥ million)

Cash flow fromoperating activities(¥ million)

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

Fiscal year ended March 31, 2018
Fiscal year ended March 31, 2017

(161,567)(4,276)

Cash flow fromfinancing activities(¥ million)

35,197
91,712

Cash and cash
equivalents
at year-end(¥ million)(2,710)(10,421)375,365
504,444

2. Dividends
Annual dividend per share (¥)

Total
dividends(full year)(¥ million)

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

First

SecondThird

Fiscalquarterquarterquarter

year-end

ended March 31, 2017

–

30.00

–

30.00

60.00

1,828

7.2

0.8

ended March 31, 2018

–

30.00

–

30.00

60.00

1,828

53.1

0.7

AnnualFiscal year

ending March 31, 2019 (Forecast)
–
30.00
–
30.00
60.00
61.7
(Note) “Dividends” above refers to dividends for common stock. With regard to dividends for class shares (unlisted) issued by theCompany with different rights than those of common stock, refer to “Dividend situation for class shares” below.

3. Forecast of Consolidated Operating Performance for the Fiscal Year Ending March 31, 2019
(From April 1, 2018 to March 31, 2019)(Percentages represent increases or decreases from the previous year for the full-year results and from the same quarter in the previous year for quarterly results.)

Ordinary profit

Second-quarter period (cumulative)
Full year

Profit attributable to ownersof parent

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

(%)

(¥)

900
1,600

(84.2)(66.1)

2,000
3,200

(58.4)(12.9)

61.69
97.12

* Notes(1) Changes in significant subsidiaries during the current period (Changes in specified subsidiaries
resulting in change in scope of consolidation): None
Included 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.
b.
c.
d.

Changes in accounting policies due to revisions to accounting standards: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement of prior period financial statements after error corrections: None

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

b.

c.

Total number of shares issued at the end of the period (including treasury stock)
March 31, 2018
30,650,115 shares
March 31, 2017
30,650,115 shares
Number of treasury stock at the end of the period
March 31, 2018180,661 shares
March 31, 2017180,598 shares
Average number of shares during the period
Fiscal year ended March 31, 2018
30,472,849 sharesFiscal year ended March 31, 201730,476,792 shares(Reference) Non-consolidated Financial Statements
1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2018

(From April 1, 2017 to March 31, 2018)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Fiscal year ended March 31, 2018
Fiscal year ended March 31, 2017

Fiscal year ended March 31, 2018
Fiscal year ended March 31, 2017

Operating income

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

(%)

3,301
3,241

1.8
10.7

2,269
2,213

2.5
0.7

2,235
2,169

3.0
6.6

2,187
2,126

2.8
8.4

Net income per share

Diluted net income
per share

(¥)

(¥)

64.05
62.52

45.95
43.10

Ordinary profit

Net income

(2) Non-consolidated financial position

As of March 31, 2018

Total assets(¥ million)

Total net assets(¥ million)

196,124

196,002

Net assets to total
assets ratio
(%)
99.8

Net assets
per share(¥)
4,620.46

196,013
195,886
99.8
4,616.37
As of March 31, 2017
(Reference) Equity:
As of March 31, 2018: ¥195,900 million
As of March 31, 2017: ¥195,791 million(Note) “Equity” consists of subscription rights to shares at the end of the fiscal year subtracted from net assets, and the “Net assets tototal assets ratio” is calculated by dividing equity by total assets at the end of the fiscal year. Note that this “Net assets to total assets
ratio” is not the net assets to total assets ratio required for the Capital Adequacy Ratio Notification (Financial Services Agency
Notification No. 20 of 2006).
* The consolidated financial report is outside the scope of review by certified public accountants and audit corporations.
* Disclaimer and special note for referring to the forecast of operating performance
Forward-looking statements concerning financial forecasts contained in these materials are based on information available when
the forecasts were made and certain assumptions judged to be reasonable. However, the Company makes no guarantee that these
forecasts will be achieved, and actual results may differ significantly from the forecasts due to a variety of factors.

* Dividend situation for class shares
The breakdown of dividend per share for class shares with different rights to those of common stock is as follows.
(First Series Class I preferred shares)
Dividend per share (¥)
First quarter

Second quarter

Third quarter

Fiscal year-end

AnnualFiscal year ended March 31, 2017

–

69.44

–

127.64

197.08

Fiscal year ended March 31, 2018–

123.00–123.00246.00Fiscal year ending March 31, 2019
(Forecast)–124.00–124.00248.00(Notes)
1. Amount paid per share: ¥20,000
2 Computation used to calculate dividend per share(1) Fiscal year ended March 31, 2017(a) Computation (*1)
Dividend in first fiscal year = amount paid per share × annual dividend rate × 281 ÷ 365(b) Annual dividend rate (*2)
Annual dividend rate = Japanese yen TIBOR + 1.1%(c) Japanese yen TIBOROn April 1, 2016, the Japanese yen TIBOR (12-month maturity) = 0.18364%(d) Shares issued
750,000(2) Fiscal year ended March 31, 2018(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate (*2)
Annual dividend rate = Japanese yen TIBOR + 1.1%(c) Japanese yen TIBOROn March 31, 2017, the Japanese yen TIBOR (12-month maturity) = 0.12818%(d) Shares issued
750,000(3) Fiscal year ending March 31, 2019 (Forecast)(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate (*2)
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*1. The first fiscal year dividend is calculated on a per diem basis for the period from the issue date of June 24, 2016 to March 31, 2017.
*2. For annual dividend rate, figures less than one percent are calculated to three decimal places with the third decimal place isrounded off to the second decimal place.

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

Second quarter

Third quarter

Fiscal year-end

AnnualFiscal year ended March 31, 2017–18.364–18.36436.728

Fiscal year ended March 31, 2018–12.818–12.81825.636

Fiscal year ending March 31, 2019
(Forecast)–

13.636–

13.63627.272(Notes)
1. Amount paid per share: ¥20,000
2. Computation used to calculate dividend per share(1) Fiscal year ended March 31, 2017(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 0.0%(c) Japanese yen TIBOROn April 1, 2016, the Japanese yen TIBOR (12-month maturity) = 0.18364%(d) Shares issued
2,000,000(2) Fiscal year ended March 31, 2018(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 0.0%(c) Japanese yen TIBOROn March 31, 2017, the Japanese yen TIBOR (12-month maturity) = 0.12818%(d) Shares issued
2,000,000(3) Fiscal year ending March 31, 2019 (Forecast)(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 0.0%(c) Japanese yen TIBOROn March 30, 2018, the Japanese yen TIBOR (12-month maturity) = 0.13636%(d) Shares issued
2,000,000

Attached Materials
Index
1.

Overview of Operating Results etc.
(1) Overview of Operating Results and Financial Position for the Consolidated Fiscal Year Ended March 31, 2018 ···2(2) Projection ···························································································································

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

3

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

3-6

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

6

4. Consolidated Financial Statements and Notes

5.

6.

(1) Consolidated Balance Sheets ·····································································································

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

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

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

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

13(6) Notes to Consolidated Financial Statements ···················································································

13 - 14(Reference) Trust asset balance table ·································································································

15

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

16(2) Non-consolidated Statements of Income························································································

17(3) Non-consolidated Statements of Changes in Net Assets ······································································

18(4) Notes on Premise of Going Concern ····························································································

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

19 - 22(2) Non-consolidated Financial Statements (Formerly The Yachiyo Bank, Limited) ········································

23 - 26(3) Non-consolidated Financial Statements (Formerly ShinGinko Tokyo, Limited)··········································

27 - 29* Financial Results for the Fiscal Year Ended March 31, 2018 Supplementary Information11. Overview of Operating Results etc.
(1) Overview of Operating Results and Financial Position for the Consolidated Fiscal Year Ended
March 31, 2018
(Overview of operating results for the consolidated fiscal year ended March 31, 2018)
Looking back at the Japanese economy during the consolidated fiscal year ended March 31, 2018, a
gradual recovery trend continued, with sustained improvement in corporate earnings and in employment
situation, as well as a steady rise in capital investment and recovery in personal consumption. Looking
ahead, although there are risk factors notably in overseas economies and market trends, it is expectedthat business recovery will continue on the back of strong domestic and overseas demands.
In the Tokyo Metropolis where the Group has its principal operational base, the business environmentfor SMEs is on the whole showing a mild improvement with expansion in inbound tourist demandreflecting an increase in foreign tourists to Japan, demand related to the Tokyo Olympic and Paralympic
Games picking up steam, rise in construction investment driven by redevelopment projects in the urban
centers, and other factors. Meanwhile, the main issues to be addressed are the growing shortage ofworkers with its effect on production and loss of opportunity for order intake, and rise in raw materials,
personnel, transportation, and other costs.
In this environment, investment yield continued to trend downward from the impact of the notably
negative interest rate policy, and consolidated ordinary income for the fiscal year ended March 31, 2018
decreased by ¥0.4 billion year-to-year to ¥82.6 billion. Ordinary expenses rose by ¥3.1 billion over theprevious year to ¥77.8 billion, resulting in ordinary profit of ¥4.7 billion, down ¥3.5 billion year on year.
Furthermore, as the previous consolidated fiscal year figures include gain on bargain purchase of ¥19.4
billion, profit attributable to owners of parent decreased by ¥21.8 billion compared to the previous
consolidated fiscal year to ¥3.6 billion.
(Overview of financial position for the consolidated fiscal year ended March 31, 2018)
As of March 31, 2018, total assets amounted to ¥5,482.7 billion, down ¥94.6 billion from the end of
the previous fiscal year, and net assets stood at ¥291.0 billion, a ¥7.6 billion increase from the end of theprevious fiscal year.
With respect to major account balances, deposits decreased ¥65.4 billion from the end of the previous
fiscal year to ¥4,652.1 billion, and loans and bills discounted increased ¥54.7 billion from the end of theprevious fiscal year to ¥3,676.1 billion, while securities decreased ¥72.5 billion from the end of theprevious fiscal year to ¥1,208.6 billion.
(Overview of cash flow for the consolidated fiscal year ended March 31, 2018)
During the fiscal year ended March 31, 2018, cash flows from operating activities saw a net outflow
of ¥161.5 billion, attributable largely to expenditures resulting from a net increase in loans and bills
discounted, a net decrease in deposits, and a net decrease in borrowed money. In investing activities,
while cash was used in purchases of securities, net cash of ¥35.1 billion was provided due largely toproceeds from sale and redemption of securities. Net cash used in financing activities was ¥2.7 billion,
attributable largely to payment of dividends. As a result, cash and cash equivalents at the end of the
fiscal year ended March 31, 2018, were ¥375.3 billion, a decrease of ¥129.0 billion from the end of theprevious fiscal year.
(2) Projection
The forecast of the consolidated operating performance for the fiscal year ending March 31,
2019, is as follows.
Ordinary income of ¥1.6 billion
Profit attributable to owners of parent of ¥3.2 billion
The forecast described above represents the judgement of management based on information
currently available, and may include uncertainties. Actual results may differ from the above due tochanges in circumstances.
The Group believes that, in order to translate business opportunities into business performance andachieve sustained growth and development, differentiating itself from other financial institutions is apressing issue for the Group, which is to be pursued by maximizing the synergies derived from themerger of its three subsidiary banks and by further developing the customer-oriented sales structure,with a view to enhancing customer satisfaction through high quality contact with customers andaccurate understanding of customer needs.

2Based on this recognition, the Group has launched its three-year business plan in May 2018, theMedium-term Business Plan “Start-up Kiraboshi.” The concept of the Plan is threefold: (1) creation of a“new kind of urban regional bank for the Tokyo area,” (2) commitment by the Group to contribute to thedevelopment of the Tokyo area, and (3) start-up spirit based on “Challenge & Speed.” The Group willseek to realize “a comprehensive service business that is also strong in finance” by promoting highquality contact with customers, the community, investors and employees, and building a business modelthat takes “dialogue” as its starting point to lead to enhanced customer satisfaction.
Specific measures include introduction of “regional headquarters structure” to achieve effective
customer contact, as well as further strengthening of activities through collaboration notably with theTokyo Metropolitan Government, Kawasaki City and other local governments and related organizations,other financial groups, and Kiraboshi Consulting which is a member of the Group, in such areas assupport for mainstay operations, development of consulting business, financing based on evaluations ofbusiness feasibility, and support for start-ups to help founders and entrepreneurs. Through thesemeasures, the Group will focus on its dialogue approach to offer customers with problem solving
proposals in an effort to be a bank that customers would give the first call, aiming as a result to createshared value with the customers.
Further, through improvement of operational efficiency, the Group will promote an operational
reform project aimed at creating time for dialogue with customers, and will also implement measures tobuild a strategic branch network, including branch-in-branch initiatives centering on neighboring
branches post-merger and branch structure that matches to regional characteristics.
In the implementation of these measures, the Group will be organizing human resources development
programs aimed at developing “Kiraboshi People,” or people who are able to win the trust of customers,
act as if standing in their shoes, and embody success as a result.
(3) Basic Policy for Profit Distribution and Dividends for This Term and the Next Term
The Company’s basic policy is to work to maintain a sound financial position through sufficient andrelevant internal reserves in consideration of its public nature as a bank holding company, while
prioritizing returns to shareholders as an important management issue as it provides ongoing and stabledividends.
In consideration of this policy, the Company will pay out dividends of ¥60 per share (an interim
dividend of ¥30 and a year-end dividend of ¥30) for the fiscal year ended March 31, 2018. For First
Series Class I preferred shares, in accordance with the provisions of the Articles of Incorporation, anannual dividend of ¥246 per share (an interim dividend of ¥123 and a year-end dividend of ¥123) will be
paid. For Class II preferred shares, likewise in accordance with the provisions of the Articles ofIncorporation, an annual dividend of ¥25.636 per share (an interim dividend of ¥12.818 and a year-end
dividend of ¥12.818) will be paid.
Note that an annual dividend of ¥60 per share of common stock (an interim dividend of ¥30 and a
year-end dividend of ¥30) is scheduled for the fiscal year ending March 31, 2019 based on the policy
described above. For First Series Class I preferred shares, in accordance with the provisions of the
Articles of Incorporation, an annual dividend of ¥248 per share (an interim dividend of ¥124 and a
year-end dividend of ¥124) will be paid. For Class II preferred shares, likewise in accordance with theprovisions of the Articles of Incorporation, an annual dividend of ¥27.272 per share (an interim
dividend of ¥13.636 and a year-end dividend of ¥13.636) will be paid.
2. Overview of the Tokyo Kiraboshi Financial GroupThe Group (the Company and the Company’s affiliates) is composed of the Company, thirteen
consolidated subsidiaries, and two affiliates (equity-method affiliate), and is engaged in business related
to financial services with a focus on banking services.
The Group’s only reporting segment is banking services, and the roles related to the Group’sbusinesses are as follows.
[Banking services]
The Tokyo Tomin Bank, Limited, The Yachiyo Bank, Limited and ShinGinko Tokyo, Limited areengaged primarily in deposit services, loan services, domestic exchange services, and securities
investment services, which are provided through their head offices and branches, etc., located in abusiness area centered around the Tokyo Metropolis and the northeast of Kanagawa Prefecture. In
addition to the foregoing, The Tokyo Tomin Bank, Limited and The Yachiyo Bank, Limited also provide
such other services as foreign exchange services and trading account securities services, while
ShinGinko Tokyo, Limited provides trust and other services. The Group positions these banking
3

services offered by the three banks as its core businesses and provides financial products and services
that match each stage in life or lifecycle through high quality consulting business, to contribute to thedevelopment of local communities.
In addition, two consolidated subsidiaries operate credit guarantee businesses.
[Others]
The other eight consolidated subsidiaries and two affiliates (equity-method affiliate) are engaged inservices ancillary to banking services such as consulting services, computer-related services,
information provision services, and credit card services, and work together with the Company tosupport the financial needs of customers.
The diagram on the following page illustrates the business portfolio, as described above.

4

(As of March 31, 2018)
Bankingbusiness

Head office, 72 branches, 5 offices
Tomin Credit Guarantee Co., Ltd.
(Guarantee operations including housing loans)(Domestic consolidated subsidiary)
Tomin Computer System Co., Ltd.
(Commissioning of information processing work forcomputer calculations, commissioning of operations andmanagement of computer rooms)(Domestic consolidated subsidiary)

The Tokyo
Tomin
Bank,
LimitedTomin Card Co., Ltd.
(Credit card services)(Domestic consolidated subsidiary)(Consolidated
subsidiary)

Kiraboshi Tech, Inc.
(Development and provision of services using FinTech)

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

The
YachiyoBank,
LimitedBankingbusiness

Head office, 79 branches, 5 offices
Yachiyo Credit Guarantee Co., Ltd.
(Guarantee operations including housing loans)(Domestic consolidated subsidiary)
Yachiyo Service Co., Ltd.
(Building cleaning, maintenance, and management work;
procurement and management work for advertisingequipment, etc.)(Domestic consolidated subsidiary)(Consolidated
subsidiary)

Yachiyo Business Service Co., Ltd.
(Email, bill collection, concentrated administrative services)(Domestic consolidated subsidiary)

Other

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

Bankingbusiness

Head office(Consolidated subsidiary)
Kiraboshi
Consulting Co.,
Ltd.

Other

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

Other
Notes:
1.

2.

3.

Effective April 3, 2017, Tomin Management Research Institute Co., Ltd, a subsidiary of The Tokyo Tomin Bank,
Limited, was made a direct fully owned subsidiary of the Company and changed its trade name to Kiraboshi
Consulting Co., Ltd.
Effective November 1, 2017, Kiraboshi Tech, Inc. was established as a wholly owned subsidiary of The Tokyo
Tomin Bank, Limited, this latter being the Company's consolidated subsidiary. It is included in the scope of
consolidation from the third quarter of the fiscal year ended March 31, 2018.
Effective May 1, 2018, the Company changed its trade name to Tokyo Kiraboshi Financial Group, Inc.

5

4.

5.
6.
7.
8.
9.
10.

3.

Effective May 1, 2018, a three-way absorption-type merger was consummated with The Yachiyo Bank Limited as
the surviving company, and The Tokyo Tomin Bank Limited and ShinGinko Tokyo, Inc. as the absorbed companies,
and effective the same date, The Yachiyo Bank Limited changed its trade name to Kiraboshi Bank, Limited.
Effective May 1, 2018, Tomin Card Co., Ltd. changed its trade name to Kiraboshi JCB Co., Ltd.
Effective May 1, 2018, Tokyo TY Leasing Co., Ltd. changed its trade name to Tokyo Kiraboshi Leasing Co., Ltd.
Effective May 1, 2018, Yachiyo Service Co., Ltd. changed its trade name to Kiraboshi Service Co., Ltd.
Effective May 1, 2018, Yachiyo Business Service Co., Ltd. changed its trade name to Kiraboshi Business Service
Co., Ltd.
Effective May 1, 2018, Yachiyo Credit Service Co., Ltd. changed its trade name to Kiraboshi Credit Service Co.,Ltd.
In addition to the foregoing, “Tokyo Kanagawa Innovation Support Series 1 Investment Limited Partnership (ToKI
Meki Ouen Fund I)” was established as a non-consolidated subsidiary, effective October 2, 2017.

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

6

4. Consolidated Financial Statements and Notes(1) Consolidated Balance Sheets
As of March 31, 2017(¥ million)
As of March 31, 2018

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

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

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

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

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

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

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

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

Net Assets
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Net unrealized gain on available-for-sale securities
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Subscription rights to shares
Non-controlling interests
Total net assets

Total liabilities and net assets

7

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

Year ended
March 31, 2017
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans and bills bought

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

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

Interest on borrowed money
Interest on corporate bonds
Interest on bonds with subscription rights to shares
Other interest expenses
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Provision of allowance for loan losses
Other ordinary expenses
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Gain on state subsidies, etc. received
Gain on bargain purchase
Extraordinary losses
Loss on disposal of fixed assets
Provision of loss on cancellation of system contracts
Provision for loss on transfer of businessProfit before income taxes
Income tax – current
Income tax – deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

8(¥ million)
Year ended
March 31, 201882,61657,411
43,992
12,135
36
0
293
953
56
17,582
3,226
4,338
259
4,079
77,888
3,386
1,645
2
448
1,140
88
－
－
61
3,473
2,935
61,235
6,857
1,480
5,377
4,727
647
647
－
－
639
444
－
194
4,735
1,107
(61)
1,045
3,689
12
3,677

Consolidated Statements of Comprehensive Income

25,574(2,218)(5,318)
(6)
－
(3)
3,005
104
23,355(¥ million)
Year ended
March 31, 2018
3,689
6,250
2,852
－
(32)
2
3,362
66
9,940

23,306
48

9,918
22

Year ended
March 31, 2017
ProfitOther comprehensive income
Net unrealized gain on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Share of other comprehensive income of entities accounted for using equity method

Comprehensive income(Breakdown)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests9(3) Consolidated Statements of Changes in Net Assets(Year ended March 31, 2017)(¥ million)
Shareholders’ equity
Common stock

Balance at beginning of the year

Capital surplus

Retained earnings

Total shareholders’equityTreasury stock

80,913

199,905

20,00099,585

7,500

7,500

15,00043,71943,719(594)

Changes of items during the reporting period
Issuance of new shares
Increase (decrease) by share exchange
Dividends of surplus(1,874)

Profit attributable to owners of parent

25,535(1,874)25,535Acquisition of treasury stock0

Disposition of treasury stock

(47)

(47)

9

10

(72)

Change in interest in subsidiaries(72)

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

7,500

51,147

23,660(37)

82,270

Balance at end of period

27,500150,733

104,574(632)

282,175

Accumulated other comprehensive income

Balance at beginning of the year

Net unrealized
gain onavailable-forsale securities

Deferred gains
or losses onhedges

Revaluation
reserve for land

8,390

6

(209)

Foreign currency Remeasurements
translationof definedadjustment
benefit plans

11(5,221)

Total
accumulated
othercomprehensive

2,977

Subscription
Nonrights tocontrollingsharesinterests
46

286

Total net
assets203,216

Changes of items during the reporting period
Issuance of new shares

15,000

Increase (decrease) by share exchange

43,719Dividends of surplus(1,874)

Profit attributable to owners of parent

25,535Acquisition of treasury stock(47)

Disposition of treasury stock

10

Change in interest in subsidiaries(72)

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

(6)

－

(3)

3,005

(2,229)49

50

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

(6)

－

(3)

3,005

(2,229)49

50

80,140

Balance at end of period

3,166

－

(209)

8

(2,216)

748

95

337

283,357

10(2,129)(Year ended March 31, 2018)(¥ million)
Shareholders’ equity
Common stock

Balance at beginning of the year

Capital surplus

27,500Retained earnings

150,733

Total shareholders’equityTreasury stock(632)

104,574

282,175

Changes of items during the reporting period
7

Purchase of shares of consolidated subsidiaries

7

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

Profit attributable to owners of parent

3,677

3,677

Acquisition of treasury stock(5)

Disposition of treasury stock

(38)

(38)

44

38
(158)

(158)

Change in interest in subsidiaries

32

Reversal of revaluation reserve for land32

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

－

(157)

1,631

6

1,481

27,500150,576

106,206(625)

283,657

Accumulated other comprehensive income

Balance at beginning of the year

Net unrealized
gain onavailable-forsale securities

Revaluation
reserve for land

3,166

(209)

Total
Foreign currency Remeasurements accumulated
othertranslationof definedcomprehensive
adjustment
benefit plansincome8(2,216)

748

Subscription
rights toshares

Noncontrollinginterests

95

337

Total net
assets283,357

Changes of items during the reporting period
7

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

Profit attributable to owners of parent

3,677

Acquisition of treasury stock(38)

Disposition of treasury stock

38
(158)

Change in interest in subsidiaries

32

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

2,909

(32)

2

3,362

6,240

5

(65)

6,181

Total changes of items during the reporting period

2,909

(32)

2

3,362

6,240

5

(65)

7,662

Balance at end of period

6,075

(242)

10

1,146

6,989

101

271

291,02011

(4) Consolidated Statements of Cash Flows(¥ million)
Year ended
March 31, 2018Year ended
March 31, 2017
Cash flows from operating activities
Profit before income taxes
Depreciation
Retirement benefit expenses
Gain on bargain purchase
Share profit of entities accounted for using equity method
Increase (decrease) in reserve for possible loan losses
Increase (decrease) in reserve for employee bonuses
Decrease (increase) in net defined benefit assets
Increase (decrease) in net defined benefit liability
Increase (decrease) in reserve for directors’ retirement benefits
Increase (decrease) in reserve for point card certificates
Increase (decrease) in reserve for loss on interest repayments
Increase (decrease) in reserve for loss on dormant deposit repayments
Increase (decrease) in provision for loss on cancellation of system contracts
Increase (decrease) in provision for loss on transfer of business
Increase (decrease) in reserve for contingent loss
Gain on fund management
Financing expenses
Gain (loss) on securities
Foreign exchange losses (gains)
Net loss (gain) on disposal of fixed assets
Gain on state subsidies, etc. received
Net increase (decrease) in trading account securities
Net (decrease) increase in loans and bills discounted
Net increase (decrease) in deposits
Net increase (decrease) in negotiable certificates of deposit
Net increase (decrease) in borrowed money(excluding subordinated loans)
Net decrease (increase) in deposit(excluding deposit paid to Bank of Japan)
Net (decrease) increase in call loans
Net increase (decrease) in call money
Net increase (decrease) in payables under securities lending transactions
Net decrease (increase) in foreign exchange (assets)
Net increase (decrease) in foreign exchange (liabilities)
Net increase (decrease) in borrowed money from trust accountProceeds from fund management
Payments for finance
Other
Subtotal
Income taxes paid
Income taxes refund
Net cash provided by (used in) operating activities

27,4503,023
830(19,443)
(78)
(454)
37
(5,478)(1,215)
24
4
(3)
21
200
－
(5)
(58,889)
3,793(2,544)(8,308)
272
(156)
(136)
(38,866)(78,076)(12,866)

4,735
3,254
1,008
－
(35)
(3,449)(72)(4,265)(1,607)
(42)
1
(2)
175
－
194
(63)
(57,411)
3,386(1,206)
9,433
(202)
－
87
(54,773)(65,452)(11,800)(2,009)(29,858)

1,860
29,81940,706
67,982(1,053)867－
60,717(4,354)(5,554)(1,881)(2,745)350(4,276)

9,170(7,203)
18,230(4,044)(5,972)(711)
53
57,753(3,413)(16,175)(160,277)(1,669)379(161,567)(556,723)
362,521291,314(4,467)
(171)
42
(758)
(103)
58
91,712(473,425)
322,075
192,296(5,809)(118)
1,199(1,019)－－35,197(2,000)(21,000)
14,881(1,877)
(54)
(47)
10

－
－
－
(2,083)
(35)
(38)
38

(52)

(213)

81
(363)
(10,421)
4
77,018393,056
34,369504,444－(379)(2,710)1(129,078)
504,444－375,365

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

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

Effect of exchange rate changes on cash and cash equivalents
Net change in cash and cash equivalents
Cash and cash equivalents at beginning of year
Increase in cash and cash equivalents due to share exchanges
Cash and cash equivalents at end of year12(5) Notes on Premise of Going Concern
Not applicable.
(6) Notes to Consolidated Financial Statements(Segment information)
The Group’s only reporting segment is the banking business. Note that while the Group conducts businesses otherthan the banking business, including consulting services, computer-related services, information provision services, andcredit card services, this information has been omitted because these businesses only represent a small percentage of all
segments of businesses conducted by the Group.

(Per Share Information)
Reporting period(Year ended March 31, 2018)
Net assets per share

7,729.99
112.94
77.25¥

Profit attributable to owners of parent per share¥

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

Notes:
1. The calculation basis for net asset amount per share is as follows.
Reporting period(As of March 31, 2018)
Total net assets
Amount deducted from total net assets(¥ million)(¥ million)

Paid-in amount of preferred stock(¥ million)

Cash dividends on preferred stock(¥ million)

Subscription rights to shares(¥ million)

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

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

Thousandshares2.

291,020
55,49155,000117
101
271
235,528
30,469The following is the basis for calculating the amount of net income per share and the amount of diluted net income per share for thereporting period.
Reporting period(Year ended March 31, 2018)

Profit attributable to owners of parent per share
Profit attributable to owners of parent
Amount not belonging to common stock
Cash dividends on preferred stock(¥ million)(¥ million)(¥ million)

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

Weighted-average shares of common stock during the period

ThousandsharesProfit attributable to owners of parent per share (Diluted)
Profit attributable to owners of parent adjustment amount
Cash dividends on preferred stock
Effect of dilutive securities
Preferred stock
Subscription rights to shares
Summary of residual securities not included in calculation of net
profit per share after adjustment of residual securities because
they have no dilutive effects

13(¥ million)(¥ million)
ThousandsharesThousandsharesThousandshares

3,677
235
235
3,441
30,472235
235
17,131
17,09932－

(Significant Subsequent Events)
Effective May 1, 2018, the Company’s wholly-owned subsidiaries of The Tokyo Tomin Bank, Limited (hereafter,“Tokyo Tomin Bank”), The Yachiyo Bank, Ltd (hereafter “Yachiyo Bank”), and ShinGinko Tokyo, Limited(hereafter “ShinGinko Tokyo”) have merged in accordance with the resolution of the Extraordinary General
Meeting of Shareholders held on March 2, 2018 to approve the merger agreement, and effective the same date,changed its trade name to Kiraboshi Bank, Ltd (hereafter “Kiraboshi Bank”).

1. Summary of business combination(1) Name and business of the merging companies(Surviving company in the absorption-type merger)
Name
The Yachiyo Bank, Limited
Nature of businessBanking(Dissolving company in the absorption-type merger)
Name
The Tokyo Tomin Bank, Limited
Nature of businessBanking
Name
ShinGinko Tokyo, Limited
Nature of businessBanking(2) Date of business combination
May 1, 2018(3) Legal form of the business combination
Absorption-type merger with Yachiyo Bank as the surviving company, and Tokyo Tomin Bank and
ShinGinko Tokyo as the dissolving companies.
(4) Name of company after combination
Kiraboshi Bank
(5) Other matters relating to the outline of the transaction
The objective of the merger is to use the “strengths” and “features” of Tokyo Tomin Bank, Yachiyo Bank, andShinGinko Tokyo that have been cultivated over the years, to maximize the integration effect by proceedingfrom business integration to merger, to enhance competitiveness and further develop management efficiency,
and thereby establish a solid management foundation that can further demonstrate the Group’s presence in theTokyo Metropolitan Area, with a focus on Tokyo and the northeast area of Kanagawa Prefecture. By
demonstrating the true value as a mainstay of regional financial sector, we will strive to become the No. 1
regional bank most loved by customers in the Tokyo Metropolitan Area.
2. Outline of the accounting treatment applied
The transaction is treated as a transaction under common control pursuant to the “Accounting Standard for Business
Combinations” and the “Guidance on Accounting Standard for Business Combinations and Accounting Standard forBusiness Divestitures.”14

(Reference)
Trust asset balance table(As of March 31, 2018)(Millions of yen)
Asset
Value
Liability
Monetary claims
14,881
Monetary claims in trust
Other monetary claims
14,881
Composite trusts
Property, plant and equipment320
Due from bank accounts
53
Cash deposits
64
Deposits
64
Total
15,320Total(Note) There is one applicable consolidated subsidiary, which is the former ShinGinko Tokyo.

15

Value
14,981
338

15,3205. Non-consolidated Financial Statements and Notes(1) Non-consolidated Balance Sheets(¥ million)
As of March 31, 2018

As of March 31, 2017
AssetsCurrent assets
Cash and due from banks
Accounts receivable - otherPrepaid expenses
Income taxes receivable
Suspense payments
Deferred tax assets
Total current assets
Non-current assets
Investments and other assets
Shares of subsidiaries and associates
Total investments and other assets
Total non-current assets
Deferred assets
Organization expenses
Share issuance cost
Total deferred assets
Total assets
Liabilities
Current liabilities
Accounts payable - other
Dividends payable
Income taxes
Deposits received
Suspense receipt
Reserve for employee bonuses
Total 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

16

1,797
49
20
380
0
17
2,266

1,936
32
19
405
0
16
2,411

193,668
193,668
193,668

193,668
193,668
193,66835
42
78
196,01321
22
44
196,124

27
24
21
3
0
49
126
126

17
34
18
3
－
47
121
121

27,50027,50056,219110,277
166,497

56,219110,272
166,491

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

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

(2) Non-consolidated Statements of Income(¥ million)
Year ended
March 31, 2018Year ended
March 31, 2017
Operating income
Dividends from subsidiaries and associates
Commissions from subsidiaries and associates
Total operating income
Operating expenses
Selling, general and administrative expenses
Total operating expenses
Operating profit
Non-operating income
Interest income
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Commission fee
Amortization of deferred organization expenses
Amortization of share issuance cost
Total non-operating expenses
Ordinary profit
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income

17

2,125
1,116
3,241

2,130
1,171
3,301

1,028
1,028
2,213

1,032
1,032
2,269

53
0
54

0
0
0

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

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

(3) Non-consolidated Statements of Changes in Net Assets
Year ended March 31, 2017 (From April 1, 2016 to March 31, 2017)(¥ million)
Shareholders’ equity
Capital surplus
Commonstock

Balance at beginning of the year

Capitalreserve

Retained earnings
Other retained
earnings

Other
capitalsurplusTotal
capitalsurplus110,277

115,277

Retainedearnings brought
forward

2,174

Total
retainedearnings
2,174

Total
shareholders’equityTreasury
stock

(594)

136,856

Subscription
rights toshares46

Total net
assets

20,0005,000

136,903

7,500

7,500

7,500

15,00015,00043,71943,71943,71943,719Changes of items during thereporting period
Issuance of new shares
Increase (decrease) by
share exchanges
Dividends of surplus
Net income(1,874)(1,874)(1,874)(1,874)

2,126

2,126

2,126

2,126

(47)

(47)

(47)

9

10

10

Acquisition of treasury stock0

Disposition of treasury stock0

Net changes of items otherthan shareholders' equity

49

49

Total of changes of items during
the reporting period

7,500

51,219051,220

252

252

(37)

58,93449

58,983

Balance at end of period

27,50056,219110,277

166,497

2,426

2,426

(632)

195,791

95

195,886

Year ended March 31, 2018 (From April 1, 2017 to March 31, 2018)(¥ million)
Shareholders’ equity
Capital surplus
Commonstock

Balance at beginning of the year

27,500Capitalreserve

56,219Retained earnings
Other retained
earnings

Other
capitalsurplusTotal
capitalsurplus110,277

166,497

Retainedearnings brought
forwardTotal
retainedearnings

Total
shareholders’equityTreasury
stock

(632)

195,791

Subscription
rights toshares95

Total net
assets

2,426

2,426

195,886(2,078)(2,078)(2,078)(2,078)

2,187

2,187

2,187

2,187

(38)

(38)

(38)

44

38

38

Changes of items during thereporting period
Dividends of surplus
Net income
Acquisition of treasury stock(5)

Disposition of treasury stock(5)

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

5

5

－

－

(5)

(5)

109

109

6

109

5

115

27,50056,219110,272

166,491

2,535

2,535

(625)

195,900

101

196,002(4) Notes on Premise of Going Concern
Not applicable.

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

May 15, 2018
Company name: Kiraboshi Bank, Limited (Formerly The Tokyo Tomin Bank, Limited)
Representative: Yoshinobu 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: +81-3-3352-2295
Note: Figures have been rounded down to the nearest million yen.

1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2018
(From April 1, 2017 to March 31, 2018)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Ordinary income

Fiscal Year ended March 31, 2018
Fiscal Year ended March 31, 2017

Ordinary profit

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

42,89743,455

(1.2)
2.3

2,842
4,710

(39.6)(29.8)

2,191
2,770

(20.8)(34.5)(2) Non-consolidated financial position

Total assets

As of March 31, 2018
As of March 31, 2017

Total net assets

Net assets tototal assets ratio(¥ million)(¥ million)(%)

2,781,193
2,773,306

107,599
105,182

3.8
3.7(Reference) Equity: As of March 31, 2018: ¥107,599 million As of March 31, 2017: ¥105,182 million(Note) “Equity” is the value of total net assets at the end of the fiscal year, and “Net assets to total assets ratio”
is calculated by dividing equity by total assets at the end of the fiscal year.
Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio required for the
Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of 2006).

19

○ Non-consolidated Financial Statements(1) Non-consolidated Balance Sheets
Formerly The Tokyo Tomin Bank, Limited
As of March 31, 2017
AssetsCash and due from banks
Cash on handDue from banks
Call loans
Monetary claims bought
Trading account securities
Trading account Japanese government bonds
Trading account Municipal government bonds
Securities
Japanese government bonds
Municipal government bonds
Corporate bonds
Corporate stocks
Other securities
Loans and bills discounted
Bills discounted
Loans on bills
Loans on deeds
Overdrafts
Foreign exchange
Due from foreign banks
Foreign bills of exchange bought
Foreign bills of exchange receivable
Other assets
Prepaid expenses
Accrued income
Initial margins of futures markets
Variation margins of futures markets
Financial derivatives
Cash collateral paid for financial instruments
Other assets
Tangible fixed assets
Buildings
Land
Leased assets
Construction in progress
Other tangible fixed assets
Intangible fixed assets
SoftwareLeased assets
Other intangible fixed assets
Prepaid pension cost
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets

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

20(¥ million)
As of March 31, 2018
325,382
13,654
311,728
11,264
5,025
32
22
9
468,546
291,079
2,451
72,90728,52573,581
1,860,166
27,00096,035
1,584,304
152,825
3,450
1,888
100
1,461
59,427
300
2,569
110
254
1,975
113
54,102
37,035
11,13522,979
1,471
115
1,333
1,508
1,072
90
346
16,7902,645
2,508(12,589)
2,781,193

Formerly The Tokyo Tomin Bank, Limited
As of March 31, 2017
Liabilities
Deposits
Current deposits
Ordinary deposits
Savings deposits
Deposits at noticeTime deposits
Installment savings
Other deposits
Negotiable certificates of deposit
Call money
Payables under securities lending transactions
Borrowed money
Borrowings from other banks
Foreign exchange
Due to foreign banks
Foreign bills of exchange sold
Foreign bills of exchange payable
Other liabilities
Income taxes
Accrued expenses
Unearned income
Reserve for interest on installment savings
Financial derivatives
Cash collateral received for financial instruments
Lease obligations
Asset retirement obligations
Other liabilities
Reserve for employee bonuses
Reserve for directors’ retirement benefits
Reserve for point card certificates
Reserve for loss on dormant deposit repayments
Provision for loss on cancellation of system contracts
Provision for contingent loss
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities
Net Assets
Common stock
Capital surplus
Capital reserve
Retained earnings
Earned reserve
Other retained earnings
General reserve
Retained earnings brought forward
Total shareholders’ equity
Net unrealized gain on available-for-sale securities
Revaluation reserve for land
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

21(¥ million)
As of March 31, 2018

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

2,315,952
178,295
1,078,691
16,51913,754940,007
50,22438,4586,740
26,000306,073
5,358
5,358
223
1
157
64
8,847
373
1,959
868
19
806
499
1,600
218
2,501
1,026
46
2
515
85
214
－
2,508
2,673,594

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

55,62025,58325,583
21,431
4,041
17,390
6,400
10,990102,635
5,205
(242)
4,963
107,599
2,781,193

(2) Non-consolidated Statements of Income
Formerly The Tokyo Tomin Bank, Limited
Year ended
March 31, 2017
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans

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

Interest on receivables under securities borrowing transactions

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

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

Other
Other ordinary income
Gain on sale of stocks and other securities
Income from equity-related financial derivatives
Other
Ordinary expenses
Interest expenses
Interest on deposits
Interest on negotiable certificates of deposit
Interest on call money
Interest on payables under securities lending transactions

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

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

22(¥ million)
Year ended
March 31, 2018
42,89729,093
22,139
6,535
20
0
236
162
8,955
2,052
6,903
1,839
954
－
303
453
127
3,008
2,429
4
575
40,054
1,698
428
1
(0)
1,138
83
－
47
2,403
481
1,921
2,151
0
2,151
30,889
2,911
1,135
－
91
17
－
1,666
2,842
119
119
259
259
－
2,702
161
349
510
2,191

(2) Non-consolidated Financial Statements (Formerly The Yachiyo Bank, Limited)
May 15, 2018
Company name: Kiraboshi Bank, Limited (Formerly The Yachiyo Bank, Limited)
Representative: Yoshinobu 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: +81-3-3352-2295
Note: Figures have been rounded down to the nearest million yen.

1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2018
(From April 1, 2017 to March 31, 2018)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Ordinary income

Fiscal Year ended March 31, 2018
Fiscal Year ended March 31, 2017

Ordinary profit

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

34,81735,601

(2.2)
(4.5)

3,262
4,240

(23.0)(40.9)

2,694
3,799

(29.0)(20.3)(2) Non-consolidated financial position

Total assets

As of March 31, 2018
As of March 31, 2017

Total net assets

Net assets tototal assets ratio(¥ million)(¥ million)(%)

2,331,024
2,343,931

110,969
108,956

4.7
4.6(Reference) Equity: As of March 31, 2018: ¥110,969 million As of March 31, 2017: ¥108,956 million(Note) “Equity” is the value of total net assets at the end of the fiscal year, and “Net assets to total assets ratio”
is calculated by dividing equity by total assets at the end of the fiscal year.
Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio required for
the Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of 2006).

23

○ Non-consolidated Financial Statements(1) Non-consolidated Balance Sheets
Formerly The Yachiyo Bank, Limited(¥ million)
As of March 31, 2017
AssetsCash and due from banks
Cash on handDue from banks
Call loans
Monetary claims bought
Trading account securities
Trading account Japanese government bonds
Trading account Municipal government bonds
Securities
Japanese government bonds
Municipal government bonds
Short-term bonds payable
Corporate bonds
Corporate stocks
Other securities
Loans and bills discounted
Bills discounted
Loans on bills
Loans on deeds
Overdrafts
Foreign exchange
Due from foreign banks
Foreign bills of exchange bought
Foreign bills of exchange receivable
Other assets
Prepaid expenses
Accrued income
Financial derivatives
Other assets
Tangible fixed assets
Buildings
Land
Leased assets
Construction in progress
Other tangible fixed assets
Intangible fixed assets
SoftwareLeased assets
Other intangible fixed assets
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets

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

24

As of March 31, 201870,28723,152
47,13520,000
8,675
674
20
653
567,201
128,579
39,953
9,999
232,243
11,944144,481
1,605,223
15,57548,991
1,467,313
73,342
10,1069,614
46445
20,16798
2,856
713
16,49830,967
8,437
19,769
239
1,125
1,395
667
168
2
497
5,223
1,504
(9,674)2,331,024

Formerly The Yachiyo Bank, Limited(¥ million)
As of March 31, 2017
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
Foreign exchange
Foreign bills of exchange sold
Other liabilities
Income taxes
Accrued expenses
Unearned income
Deposits received from employees
Reserve for interest on installment savings
Financial derivatives
Lease obligations
Asset retirement obligations
Other liabilities
Reserve for employee bonuses
Reserve for retirement benefits
Reserve for loss on dormant deposit repayments
Provision for loss on cancellation of system contracts
Provision for contingent loss
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities
Net Assets
Common stock
Capital surplus
Capital reserve
Retained earnings
Earned reserve
Other retained earnings
General reserve
Retained earnings brought forward
Total shareholders’ equity
Net unrealized gain on available-for-sale securities
Revaluation reserve for land
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

25

As of March 31, 2018

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

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

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

43,73432,922
32,92232,582
6,372
26,20911,70014,509109,239
1,397
331
1,729
110,9692,331,024

(2) Non-consolidated Statements of Income
Formerly The Yachiyo Bank, Limited(¥ million)
Year ended
March 31, 2017
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans
Interest on deposits with banks
Other interest income
Fees and commissions

Year ended
March 31, 201835,601
26,536
19,773
6,300
31
71
359
5,901
1,943
3,958
2,198
54
1,883
260
964
124
213
626
31,360
879
770
1
29
3
53
9
12
1,719
424
1,294
586
－
3
581
1
－
25,312
2,862
1,353
176
38
302
991
4,240
165
9
156
181
96
85
4,225
1,185
(760)
425
3,799

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
Income from derivatives other than for trading or hedging

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

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

Other fees and commissions
Other operating expenses
Loss on foreign exchange transactions
Loss on trading account securities transactions
Loss on sale of bonds
Loss on devaluation of bonds
Expenses on derivatives other than for trading or hedging

General and administrative expenses
Other ordinary expenses
Transfer to reserve for possible loan losses
Write-off of loans
Loss on sale of stocks and other securities
Losses on devaluation of stocks and other securities
Other
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Gain on state subsidies, etc. received
Extraordinary losses
Loss on deposition of fixed assets
Provision for loss on cancellation of system contracts
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income

26

34,81726,091
18,695
6,985
20
44
345
6,386
1,893
4,493
689
－
689
－
1,649
223
539
887
31,555
1,205
730
0
461
2
0
－
9
1,759
436
1,322
454
199
1
251
－
3
24,676
3,458
1,352
90
19
－
1,996
3,262
272
272
－
185
185
－
3,349
336
319
655
2,694

(3) Non-consolidated Financial Statements (Formerly ShinGinko Tokyo, Limited)

May 15, 2018
Company name: Kiraboshi Bank, Limited (Formerly ShinGinko Tokyo, Limited)
Representative: Yoshinobu Watanabe, President
Responsible person for inquiries: Hiroshi Shibuya, Managing Director and Executive Officer,
General Manager of Corporate Planning Division
URL: https://www.kiraboshibank.co.jp
Telephone: +81-3-3352-2295

Note: Figures have been rounded down to the nearest million yen.

1. Non-consolidated Operating Performance for the Fiscal Year Ended March 31, 2018
(From April 1, 2017 to March 31, 2018)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)

Ordinary profit

Ordinary income

Fiscal Year ended March 31, 2018
Fiscal Year ended March 31, 2017

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

(%)

8,459
8,979

(5.7)
(2.1)

2,352
3,174

(25.8)(14.7)

2,336
3,039

(23.1)(22.6)(2) Non-consolidated financial position
Total assets

As of March 31, 2018
As of March 31, 2017

Total net assets

Net assets tototal assets ratio(¥ million)(¥ million)(%)

439,410489,488

65,927
63,35415.0
12.9(Reference) Equity: As of March 31, 2018: ¥65,927 million As of March 31, 2017: ¥63,354 million(Note) “Equity” is the value of total net assets at the end of the fiscal year, and “Net assets to total assets ratio”
is calculated by dividing equity by total assets at the end of the fiscal year.
Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio required for the
Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of 2006).

27

○ Non-consolidated Financial Statements(1) Non-consolidated Balance Sheets
Formerly ShinGinko Tokyo, Limited(¥ million)
As of March 31, 2017
AssetsCash and due from banks
Cash on handDue from banks
Call loans
Other debt purchased
Securities
Japanese government bonds
Municipal government bonds
Corporate bonds
Corporate stocks
Other securities
Loans and bills discounted
Loans on deeds
Overdrafts
Other assets
Income taxes receivable
Prepaid expenses
Accrued income
Advances paid
Other assets
Property, plant and equipment
Buildings
Other tangible fixed assets
Intangible assets
Software
Customers' liabilities for acceptances and guarantees

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

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

Total net assets
Total liabilities and net assets

28

As of March 31, 2018

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

21,889296
21,592－
41,950164,685
20,822
11,77782,0181
50,067
210,842
181,261
29,580
868
74
24
363
200
205
47
23
24
136
136
1,663
(2,674)439,410

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

269,832
34,505
235,31611
30,00068,00068,000
53
2,433
177
1,427
499
57
201
70
131
164
30
22
1,149
1,663
373,482

20,00032,04632,046
8,203
8,203
8,203
60,2503,104
3,104
63,354489,488

20,00032,04632,046
10,38910,38910,38962,4363,491
3,491
65,927439,410

(2) Non-consolidated Statements of Income
Formerly ShinGinko Tokyo, Limited
Year ended
March 31, 2017
Ordinary income
Interest income
Interest on loans and bills discounted
Interest and dividends on securities
Interest on call loans
Interest on deposits with banks
Other interest income
Trust fees
Fees and commissions

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

Fees and commissions on domestic and foreign exchange

Other fees and commissions
Other operating income
Gain on sale of bonds
Other ordinary income
Reversal of allowance for loan losses
Reversal of allowance for investment loss
Reversal of reserve for contingent losses
Gain on recovery of write-off claims
Other
Ordinary expenses
Interest expenses
Interest on deposits
Interest on call money
Interest on borrowed money
Other interest expenses
Fees and commissions
Fees and commissions on domestic and foreign exchange

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

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

29(¥ million)
Year ended
March 31, 2018
8,459
7,037
3,112
3,337
0
31
556
56
277
11
265
155
155
934
917
－
1
0
14
6,107
500
508
(8)
－
0
157
17
139
36
36
4,207
1,205
0
－
1,205
2,352
－
－
2,352
151
(135)
16
2,336