Tokyo TY Financial Group, Inc.
Listed Code: 7173
(URL: http://www.tokyo-tyfg.co.jp/)
Listed Stock Exchange: TSE1
November 10, 2017

Consolidated Financial Reportfor the First Half of the Fiscal Year Ending 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 submission of quarterly security report: November 24, 2017
Date to start dividend payment: December 4, 2017
Establishment of special transaction account: Not establishedPreparation 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 First Half of the Fiscal Year Ending March 31, 2018
(From April 1, 2017 to September 30, 2017)(1) Results in consolidated operations
Ordinary income(Percentages represent year-on-year changes.)
Profit attributable toOrdinary profit
owners of parent(¥ million)(%)(¥ million)(%)(¥ million)(%)

First half of the fiscal year ending March 31, 2018

42,264

3.5

5,719

15.2

4,812

(79.5)First half of the fiscal year ended March 31, 201740,8162.5

4,964(25.8)

23,565391.9(Note) Comprehensive income: First half of the fiscal year ending March 31, 2018: ¥7,606 million (64.3%)
First half of the fiscal year ended March 31, 2017: ¥21,332 million 578.4%
Profit attributable toowners of parent
per share (¥)
First half of the fiscal year ending March 31, 2018

154.07

Profit attributable toowners of parent
per share (Diluted) (¥)
101.10770.24477.73First half of the fiscal year ended March 31, 2017
(Note) “Profit attributable to owners of parent” and “Comprehensive income” in the first half of 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 tototal assets ratio(%)
September 30, 2017
5,540,713
289,734
5.2
March 31, 2017
5,577,306
283,357
5.0(Reference) Equity: September 30, 2017: ¥289,395 million
March 31, 2017: ¥282,924 million(Note) “Equity” consists of subscription rights to shares at the end of the period and non-controlling interests at the end of the period
subtracted from net assets, and the “Net assets to total assets ratio” is calculated by dividing equity by total assets at the end of the period.
Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio required for the Capital Adequacy Ratio
Notification (Financial Services Agency Notification No. 20 of 2006).
Total assets(¥ million)

Total net assets(¥ million)

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

Second quarter

Third quarter

Fiscal year-end

AnnualFiscal year ended March 31, 2017

–

30.00

–

30.00

60.00

Fiscal year ending March 31, 2018

–

30.00

Fiscal year ending March 31, 2018 (Forecast)
–
30.00
60.00
(Note 1) Changes to the dividend forecast most recently announced: None
(Note 2) “Dividends” above refers to dividends for common stock. With regard to dividends for class shares (unlisted) issued by theCompany with different rights than those of common stock, refer to “Dividend situation for class shares” below.

3. Forecast of Consolidated Operating Performance for the Fiscal Year Ending March 31, 2018
(From April 1, 2017 to March 31, 2018)(Percentages represent increases or decreases from the previous year results.)

Profit attributable toowners of parent

Ordinary profit(¥ million)(%)(¥ million)

Profit attributable toowners of parent per share

(%)

(¥)

5,000
(39.9)
3,200(87.4)
Full-year(Note) Changes to the forecast of consolidated operating performance most recently announced: None

97.28

* Notes(1) Changes in significant subsidiaries during the current period (Changes in specified subsidiaries
resulting in change in scope of consolidation): None
New subsidiaries: ___ (name of company(ies)
Excluded subsidiaries: ___ (name of company(ies)))(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period
financial statements after error corrections
a. Changes in accounting policies due to revisions to accounting standards: Noneb. Changes in accounting policies due to other reasons: Nonec. Changes in accounting estimates: None
d. Restatement of prior period financial statements after error corrections: None

(3) Number of shares issued (common stock)a. Total number of shares issued at the end of the period (including treasury stock)
September 30, 2017

30,650,115 shares

March 31, 2017

30,650,115 sharesb. Number of treasury stock at the end of the period
September 30, 2017

174,758 shares

March 31, 2017180,598sharesc. Average number of shares during the period (cumulative from the beginning of the fiscal year)
First-half period ended September 30, 201730,473,452 sharesFirst-half period ended September 30, 2016

30,479,358 shares

(Non-consolidated Financial Statements)
1. Non-consolidated Operating Performance for the First Half of the Fiscal Year Ending March 31, 2018

(From April 1, 2017 to September 30, 2017)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)First half of the fiscal
year ending March 31,
2018
First half of the fiscal
year ended March 31,
2017

Operating income

Operating profit

Ordinary profit

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

(%)

1,717

10.6

1,175

15.8

1,157

16.9

1,118

17.4

1,551

19.7

1,014

9.5

989

24.1

951

16.3

Net income per share(¥)
First half of the fiscal
year ending March 31,
2018
First half of the fiscal
year ended March 31,
2017

32.82

28.31

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

Total net assets(¥ million)

Net assets tototal assets ratio(%)

September 30, 2017
196,103
195,982
99.8
March 31, 2017
196,013
195,886
99.8(Reference) Equity: September 30, 2017: ¥195,881 million
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).

* This report is not subject to the interim audit procedure.
* Disclaimer and special note for referring to the forecast of operating performance
1. Since the Company falls under the category of specified company (a company undertaking businesses specified in Article 17-15,
Paragraph 2 of the Cabinet Office Ordinance on Disclosure of Corporate Affairs, etc.), it prepares the Interim Consolidated andNon-consolidated Financial Statements for the first-half accounting period.
2. Forward-looking statements concerning financial forecasts contained in these materials are based on information available when
the forecasts were made and certain assumptions judged to be reasonable. However, the Company makes no 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 than 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

Annual–127.64

197.08

Fiscal year ended March 31, 2017

–

69.44

Fiscal year ending March 31, 2018–

123.00Fiscal year ending March 31, 2018–
123.00246.00(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, 2017(a) Computation
Dividend in first fiscal year = amount paid per share × annual dividend rate × 281 ÷ 365(*Calculated on a per diem basis for the period from the issue date of June 24, 2016 to March 31, 2017.)(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 1.1%(*Annual dividend rate: Figures less than % are calculated to three decimal places with the third decimal place rounded off
to the second decimal place.)(c) Japanese yen TIBOROn April 1, 2016, the Japanese yen TIBOR (12-month maturity) = 0.18364%(d) Shares issued
750,000(2) Fiscal year ending March 31, 2018 (Forecast)(a) Computation
Dividend = amount paid per share × annual dividend rate(b) Annual dividend rate
Annual dividend rate = Japanese yen TIBOR + 1.1%(*Annual dividend rate: Figures less than % are calculated to three decimal places with the third decimal place rounded off
to the second decimal place.)(c) Japanese yen TIBOROn March 31, 2017, the Japanese yen TIBOR (12-month maturity) = 0.12818%(d) Shares issued
750,000(Class II preferred shares)
Dividend per share (¥)
Fiscal year ended March 31, 2017

First quarter

Second quarter

Third quarter

Fiscal year-end

Annual–18.364–18.36436.72812.81825.636

Fiscal year ending March 31, 2018–12.818
Fiscal year ending March 31, 2018–
(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, 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 ending 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

Attached Materials
Index
1. Qualitative Information Regarding Consolidated Results for the Six Months Ended September 30, 2017
(1)

Operating Results ····························································································

2(2)

Financial Position ····························································································

2(3)

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

2

2. Consolidated Interim Financial Statements and Notes(1)

Consolidated Interim Balance Sheets ····································································(2)

Consolidated Interim Statements of Income and Consolidated Interim Statements of3

Comprehensive Income ···················································································

4-5

(3)

Consolidated Interim Statements of Changes in Net Assets ·······································

6-7

(4)

Notes on Premise of Going Concern ··································································

7(5)

Additional Information ·················································································

7(6)

Significant Subsequent Events ·········································································

8(Reference) Trust Asset Balance Table ·····································································

9

3. Non-consolidated Interim Financial Statements(1)

Non-consolidated Interim Balance Sheets ···························································

10

(2)

Non-consolidated Interim Statements of Income ···················································

11

(3)

Non-consolidated Interim Statements of Changes in Net Assets ·································

12

(4)

Notes on Premise of Going Concern ··································································

12

4. (Reference) Overview of Major Consolidated Subsidiary Operating Performance(1)

Overview of Non-consolidated Financial Statements (The Tokyo Tomin Bank, Limited) ···· 13-15(2)

Overview of Non-consolidated Financial Statements (The Yachiyo Bank, Limited) ··············· 16-18(3)

Overview of Non-consolidated Financial Statements (ShinGinko Tokyo, Limited) ················ 19-21(Appendix)

Financial Results for the First Half of the Fiscal Year Ending March 31, 2018
- Supplementary Information-

1

1. Qualitative Information Regarding Consolidated Results for the Six Months Ended September 30, 2017
(1) Operating Results
Looking back at the Japanese economy during the current interim accounting period (April 1, 2017 to
September 30, 2017), a gradual recovery trend continued, with personal consumption gaining strength on
the back of improvement in the employment and income environments, as well as recovery of consumer
sentiment, combined with an expansion in inbound tourist consumption, an improvement in corporate
earnings and a pickup in capital investment. Looking ahead, however, there is uncertainty in the outlook,notably in the face of uncertainties in the overseas economies and the effects of rising geopolitical risks.
In the Tokyo metropolitan area, where the Group has its principal operational base, although there
were several sectors that were challenged by a tight labor supply and demand situation and the resulting
shortage of workers, business conditions continued to show a gentle recovery and expectations for the
future are rising, with demand related to the Tokyo Olympic and Paralympic Games gaining momentum
and related public investments expanding, as well as a rise in construction investment driven by
redevelopment projects in the urban centers.
In this environment, while domestic interest rates continued at low levels due in part to the negativeinterest rate policy, consolidated ordinary income for the six months ended September 30, 2017 rose by¥1.4 billion year on year to ¥42.2 billion, as a result notably of an increase in gain on sales of securities
that reflected a reduction in consolidated subsidiaries’ holdings of strategic equity investments.
Consolidated ordinary expenses increased by ¥0.6 billion year on year to ¥36.5 billion. As a result,consolidated ordinary profit came to ¥5.7 billion, an increase of ¥0.7 billion over the previous year.
Meanwhile, profit attributable to owners of parent decreased by ¥18.7 billion year on year to ¥4.8 billion,
reflecting a ¥19.4 billion gain on bargain purchase, which was recorded in the previous interim
accounting period.
(2) Financial Position
As of September 30, 201７, total assets amounted to ¥5,540.7 billion, down ¥36.5 billion from the endof the previous fiscal year, and net assets stood at ¥289.7 billion, a ¥6.3 billion increase from the end of
the previous fiscal year.
With respect to major account balances, deposits increased ¥25.5 billion from the end of the previous
fiscal year to ¥4,743.0 billion, and loans and bills discounted increased ¥15.0 billion from the end of theprevious fiscal year to ¥3,636.4 billion, while securities decreased ¥20.5 billion to ¥1,260.6 billion.
(3) Note on the Forecast of the Consolidated Operating Performance and Other Forward-Looking
Statements
With respect to performance for the fiscal year ending March 31, 2018, we expect results to be in linewith initial targets of the performance forecast announced on May 12, 2017, mainly for the following
reasons: Net interest income is expected to decrease due to the negative interest rate policy, expenses
related to the merger of consolidated subsidiaries are expected to be incurred, a portion of expenses
related to the relocation of consolidated subsidiary’s head office will be posted, and office and computer
systems equipment renewals are projected to be rolled out from the third quarter.

2

2. Consolidated Interim Financial Statements and Notes(1) Consolidated Interim Balance Sheets(¥ million)
As of March 31, 2017
AssetsCash and due from banks
Call loans and bills bought
Other debt purchased
Trading account securities
Securities
Loans and bills discounted
Foreign exchange
Other assets
Tangible fixed assets
Intangible fixed assets
Net defined benefit assets
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldPayables under securities lending transactions
Borrowed money
Foreign exchanges
Other liabilities
Reserve for employee bonuses
Net defined benefit liabilities
Reserve for directors’ retirement benefits
Reserve for point card certificates
Provision for loss on interest repayments
Reserve for loss on dormant deposit repayments
Provision for loss on cancellation of system contracts
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

3

As of September 30, 2017

515,886
3,987
45,724794
1,281,164
3,621,372
7,584
42,61756,085
1,903
14,125
7,823
7,880(29,644)5,577,306

461,334845
48,007788
1,260,656
3,636,406
15,28955,966
58,5842,275
15,511
6,472
6,411(27,835)
5,540,713

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

4,743,076
12,78328,185316,396
88,472
139
45,324
2,258
4,090
56
56
8
1,040
200
636
1,840
6,411
5,250,97827,500150,733
104,574(632)
282,175
3,166
(209)
8
(2,216)748
95
337
283,357
5,577,306

27,500150,606
108,373(608)
285,871
5,623
(242)
10
(1,867)
3,524
101
236
289,734
5,540,713

(2) Consolidated Interim Statements of Income and Consolidated Interim Statements of Comprehensive Income(Consolidated Interim Statements of Income)Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Trust fees
Fees and commissions
Other operating income
Other ordinary income
Ordinary expenses
Financing expenses
Interest on deposits
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Gain on bargain purchase
Extraordinary losses
Loss on disposal of non-current assets
Profit before income taxes
Income tax – current
Income tax – deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2017
March 31, 2018
40,81642,26429,23628,82523,284
22,175
5,296
6,010
20
27
7,995
8,577
2,761
1,804
803
3,029
35,85136,544
1,882
1,563
1,142
872
1,417
1,334
511
430
30,236
31,170
1,803
2,045
4,964
5,719
19,443119
0119
19,443
97
124
97
124
24,311
5,714
989
787
(268)
98
721
886
23,5904,828
25
15
23,5654,812

4

(Consolidated Interim Statements of Comprehensive Income)

ProfitOther comprehensive income
Valuation difference 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)(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2017
March 31, 2018
23,5904,828(2,258)2,777(2,464)
2,394
－
3
－
(32)
(6)
2
139
348
70
66
21,332
7,606
21,30625

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

5

7,588
17

(3) Consolidated Interim Statements of Changes in Net Assets(First half of the fiscal year ended March 31, 2017)(¥ million)
Shareholders’ equity
Common stock

Capital surplus

Retained earnings

20,00099,58580,913

Balance at beginning of the year

Total shareholders’equityTreasury stock(594)

199,905

Changes of items during the reporting period
7,500

Issuance of new shares
Increase (decrease) by share exchanges

7,500

15,00043,71943,719
(871)

(871)

23,56523,565

Dividends of surplus
Profit attributable to owners of parent
Acquisition of treasury stock0

Disposition of treasury stock

(12)

(12)

9

10

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

7,500

51,22022,693(3)

81,410

Balance at end of period

27,500150,806

103,607(597)

281,315

Accumulated other comprehensive income
Valuation
Deferred gains
difference onor losses onavailable-for-salehedgessecurities

Balance at beginning of the year

8,390

6

Revaluation Foreign currency Remeasurements Total accumulated
othertranslationof definedreserve forcomprehensive
adjustment
benefit plansincome
land
(209)

11

(5,221)

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 exchanges

43,719Dividends of surplus(871)

Profit attributable to owners of parent

23,565Acquisition of treasury stock(12)

Disposition of treasury stock10

Net changes of items other than shareholders’equity during the reporting period(2,394)

3

－

(6)

139

(2,258)49(29)(2,238)

Total changes of items during the reporting period(2,394)

3

－

(6)

139

(2,258)49(29)

79,172

Balance at end of period

5,996

10

(209)

4

(5,082)

719

95

257

282,3886

(First half of the fiscal year ending March 31, 2018)(¥ million)
Shareholders’ equity
Common stock

Balance at beginning of the year

Capital surplus

Retained earnings

150,733

104,574

27,500Treasury stock(632)

Total shareholders’equity282,175

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

10

10

Dividends of surplus(1,046)(1,046)

Profit attributable to owners of parent

4,812

4,812
(19)

Acquisition of treasury stock(5)

Disposition of treasury stock

(19)
37

42

(132)

Change in ownership interest in subsidiaries

(132)
32

32

Reversal of revaluation reserve for land
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

－

(126)

3,799

23

3,696

27,500150,606

108,373(608)

285,871

Accumulated other comprehensive income
Valuation
Deferred gains
difference onor losses onavailable-for-salehedgessecurities

Balance at beginning of the year

3,166

－

Revaluation Foreign currency Remeasurements Total accumulated
othertranslationof definedreserve forcomprehensive
adjustment
benefit plansincome
land
(209)

8

(2,216)

748

Subscription
Nonrights tocontrollingsharesinterests

Total net
assets337

283,357

95

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

10

Dividends of surplus(1,046)

Profit attributable to owners of parent

4,812

Acquisition of treasury stock(19)

Disposition of treasury stock

37

Change in ownership interest in subsidiaries(132)

Reversal of revaluation reserve for land32

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

2,457

－

Total changes of items during the reporting period

2,457

－

(32)

Balance at end of period

5,623

－

(242)

(32)

5

(100)

2,681

2,775

5

(100)

6,377

3,524

101

236

289,734

348

2,775

2

348

10

(1,867)2(4) Notes on Premise of Going Concern
Not applicable.

(5) Additional Information
Effective April 3, 2017, Tomin Management Research Institute Co., Ltd., a subsidiary of The Tokyo Tomin Bank, Limited, wasmade a direct fully owned subsidiary of the Company and changed its trade name to Kiraboshi Consulting Co., Ltd.

7

(6) Significant Subsequent Events(Establishment of subsidiary)
At its meeting of the Board of Directors held on September 29, 2017, the Company resolved toestablish a wholly owned subsidiary of The Tokyo Tomin Bank, Limited (President: Takashi Sakamoto),
the Company’s consolidated subsidiary. On November 1, 2017, the subsidiary was established, of which
details are as follows.
1. Purpose of establishment
In the course of studying its approach to the FinTech business, which is set to develop at anaccelerating speed in the coming years, the Group has decided to attempt new business areas, utilizing
non face-to-face channels through expansion into the FinTech business as a springboard, which will be
pursued by making full use of its platform and know-how in the “salary advance (maekyu)” service, oneof the Group’s strengths for which our consolidated subsidiary, The Tokyo Tomin Bank, Limited,acquired a business model patent in 2005.
The purpose of establishing the wholly owned subsidiary of The Tokyo Tomin Bank, Limited, is to
respond promptly to the constantly evolving FinTech business, and respond also to customers’ diverse
needs by promoting open innovation with FinTech companies, venture firms and others.
2. Date of establishment
November 1, 2017
3. Company overview
Company Name

Kiraboshi Tech, Inc.

Head Office Location

3-10-43 Minami Aoyama, Minato-ku, Tokyo

Capital50,000,000 yen

Executives

President
Senior Managing Director
Director

Shareholder

The Tokyo Tomin Bank, Limited (voting rights ownership ratio 100%)

Description ofBusiness FinTech business using “Salary Advance (maekyu)” service

Koji Nishimura
Takashi Karita
Tatsuya Kotaka Development of various applications for use by “maekyu” system registrants
and “maekyu” service user companies Creation of new services through open innovation with FinTech companies,
venture firms and others8(Reference)
Trust asset balance table(As of September 30, 2017)(¥ million)
Asset

Value

Liability

Value

Monetary claims

11,609

Monetary claims in trust

Other monetary claims

11,609Composite trusts

156

Total

12,262

Property, Plant and Equipment

127

Cash deposits

526

Deposits

526
Total

12,262(Note) There is one applicable consolidated subsidiary, namely ShinGinko Tokyo.

912,106

3. Non-consolidated Interim Financial Statements(1) Non-consolidated Interim Balance Sheets(¥ million)

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 – otherAccrued expenses
Dividends payable
Income taxes payable
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

10

As of September 30, 2017

1,797
49
20
380
0
17
2,266

2,089
32
41
192
0
17
2,374

193,668
193,668
193,668

193,668
193,668
193,66835
42
78
196,01328
31
60
196,103

27
－
24
21
3
0
49
126
126

18
6
21
18
3
0
51
120
120

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

56,219110,272
166,491

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

2,497
2,497
(608)
195,881101
195,982
196,103(2) Non-consolidated Interim Statements of Income(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2017
March 31, 2018
Operating income
Dividends from subsidiaries and associates
Commissions from subsidiaries and associates
Total operating income
Operating expenses
Selling, general and administrative expenses
Total operating expenses
Operating profit
Non-operating income
Interest income
Miscellaneous income
Total non-operating income
Non-operating expenses
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

11

954
597
1,551

1,072
645
1,717

537
537
1,014

542
542
1,175

53
0
54

0
0
0

53
11
7
6
79
989
989
46
(8)
37
951

0
7
11
18
1,157
1,157
39
(0)
39
1,118

(3) Non-consolidated Interim Statements of Changes in Net Assets(First half of the fiscal year ended 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

Retained earnings
brought forward

2,174

Total
retainedearnings

Treasury
stock

Total
shareholders’equity

2,174

(594)

136,856

Subscription
rights tosharesTotal net
assets46

136,903

20,000

5,000

7,500

7,500

7,500

15,00015,00043,71943,71943,71943,719Changes of items during the reporting
periodIssuance of new shares
Increase (decrease) by shareexchanges
Dividends of surplus

(871)

(871)

(871)

(871)

Net income

951

951

951

951

(12)

(12)

(12)

9

10

10

Acquisition of treasury stock0

Disposition of treasury stock0

Net changes of items other thanshareholders’ equity during thereporting period

49

49

Total changes of items during thereporting period

7,500

51,219051,220

80

80

(3)

58,79749

58,846

Balance at end of period

27,50056,219110,277

166,497

2,254

2,254

(597)

195,653

95

195,749(First half of the fiscal year ending March 31, 2018)(¥ million)
Shareholders’ equity
Capital surplus
Commonstock

Balance at beginning of the year

27,500Capitalreserve

56,219Retained earnings

Other
capitalsurplusTotal
capitalsurplus110,277

166,497

Other retained
earnings
Retained earnings
brought forward

Total
retainedearnings

Treasury
stock

Total
shareholders’equity(632)

195,791

Subscription
rights tosharesTotal net
assets95

195,886

2,426

2,426

Dividends of surplus(1,046)(1,046)(1,046)(1,046)

Net income

1,118

1,118

1,118

1,118

(19)

(19)

(19)

42

37

37

Changes of items during the reporting
periodAcquisition of treasury stock(5)

Disposition of treasury stock(5)

Net changes of items other thanshareholders’ equity during thereporting period

Total changes of items during thereporting period
Balance at end of period

5

5

－

－

(5)

(5)

71

71

23

89

5

95

27,50056,219110,272

166,491

2,497

2,497

(608)

195,881101

195,982(4) Notes on Premise of Going Concern
Not applicable.

124. (Reference) Overview of Major Consolidated Subsidiary Operating Performance(1) Overview of Non-consolidated Financial Statements (The Tokyo Tomin Bank, Limited)
November 10, 2017
Company name： The Tokyo Tomin Bank, Limited
Representative: Takashi Sakamoto, President
Responsible person for inquiries: Masahiro Ogura, General Manager of Corporate Planning Division
URL: http://www.tominbank.co.jp
Telephone: +81-3-6380-5428
Note: Amounts less than one million yen and figures beyond the first decimal place have been truncated.

1. Non-consolidated Operating Performance for the First Half of the Fiscal Year Ending March 31, 2017

(From April 1, 2017 to September 30, 2017)(1) Results in non-consolidated operations (cumulative)(Percentages represent year-on-year changes.)
Ordinary income

First half of the fiscal year ending
March 31, 2018
First half of the fiscal year ended
March 31, 2017

Ordinary profit

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

23,114

6.9

4,326

11.8

3,884

20.6

21,606

0.7

3,866

5.5

3,220

16.2

(2) Non-consolidated financial position

September 30, 2017

Total assets(¥ million)

Total net assets(¥ million)

Net assets to total assets ratio(%)

2,782,313

110,006

3.9

2,773,306
105,182
3.7
March 31, 2017
(Reference) Equity: September 30, 2017: ¥110,006 million March 31, 2017: ¥105,182 million(Note) “Equity” is the value of total net assets at the end of the period, and “Net assets to total assets ratio” is calculated by dividing
equity by total assets at the end of the period. Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio
required for the Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of 2006).

13

○ Non-consolidated Interim Financial Statements(1) Non-consolidated Interim Balance Sheets
The Tokyo Tomin Bank, Limited(¥ million)
As of March 31, 2017
AssetsCash and due from banks
Call loans
Other debt purchased
Trading account securities
Securities
Loans and bills discounted
Foreign exchange
Other assets
Tangible fixed assets
Intangible fixed assets
Prepaid pension cost
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Payables under securities lending transactions
Borrowed money
Foreign exchanges
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
Retained earnings
Total shareholders’ equity
Valuation difference on available-for-sale securities
Revaluation reserve for land
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

14

As of September 30, 2017

316,026
987
2,004
32
543,504
1,837,946
3,329
24,69434,477
1,099
16,221
3,629
3,078(13,725)
2,773,306

354,899
845
4,002
31
496,217
1,843,742
3,591
31,69636,777
1,523
17,136
2,713
2,933(13,798)
2,782,313

2,312,237
18,740312,048
5,216
935
13,924
1,087
75
2
397
85
280
14
3,078
2,668,124

2,359,282
8,740
270,646
5,272
138
23,428
1,067
40
2
427
85
240
2,933
2,672,306

55,62025,583
20,387
101,590
3,800
(209)
3,591
105,182
2,773,306

55,62025,583
23,665
104,869
5,379
(242)
5,137
110,006
2,782,313

(2) Non-consolidated Interim Statements of Income
The Tokyo Tomin Bank, Limited

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Fees and commissions
Other operating income
Other ordinary income
Ordinary expenses
Financing expenses
Interest on deposits
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of non-current assets
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2017
March 31, 2018
21,60623,114
15,97815,38911,505
11,123
4,255
4,061
4,094
4,366
1,038
1,216
496
2,142
17,74018,788
983
719
323
217
1,143
934
17
219
14,65815,734
936
1,181
3,866
4,326
－
119
－
119
19
32
19
32
3,847
4,412
27
324
599
204
626
528
3,220
3,884

15

(2) Overview of Non-consolidated Financial Statements (The Yachiyo Bank, Limited)
November 10, 2017
Company name: The Yachiyo Bank, Limited
Representative: Hirokazu Tahara, President
Responsible person for inquiries: Nobuyuki Yasuda, Executive Officer, General Manager of Corporate
Planning Division
URL: http://www.yachiyobank.co.jp
Telephone: +81-3-3352-2295
Note: Amounts less than one million yen and figures beyond the first decimal place have been truncated.

1. Non-consolidated Operating Performance for the First Half of the Fiscal Year Ending March 31, 2018

(From April 1, 2017 to September 30, 2017)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)
Ordinary income

First half of the fiscal year ending
March 31, 2018
First half of the fiscal year ended
March 31, 2017

Ordinary profit

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

17,840

(4.4)

2,676

(13.2)

2,172(25.3)

18,6800.8

3,086(12.8)

2,909

16.8

(2) Non-consolidated financial position

September 30, 2017

Total assets(¥ million)

Total net assets(¥ million)

Net assets to total assets ratio(%)

2,349,368

110,978

4.7

2,343,931
108,956
4.6
March 31, 2017
(Reference) Equity: September 30, 2017: ¥110,978 million
March 31, 2017: ¥108,956 million(Note) “Equity” is the value of total net assets at the end of the period, and “Net assets to total assets ratio” is calculated by dividing
equity by total assets at the end of the period. Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio
required for the Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of 2006).

16

○ Non-consolidated Interim Financial Statements(1) Non-consolidated Interim Balance Sheets
The Yachiyo Bank, Limited(¥ million)
As of March 31, 2017
AssetsCash and due from banks
Call loans
Other debt purchased
Trading account securities
Securities
Loans and bills discounted
Foreign exchange
Other assets
Tangible fixed assets
Intangible fixed assets
Deferred tax assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money

Payables under securities lending transactions
Foreign exchanges
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

As of September 30, 2017

173,743－3,787
762
566,529
1,552,605
4,255
13,14630,253
583
5,727
2,766
(10,227)
2,343,931

110,673
10,0005,654
757
594,729
1,567,556
11,697
19,93030,445
567
5,298
1,674
(9,616)
2,349,368

2,149,113
6,730
15,70649,260
0
4,416
855
2,575
613
85
370
2,481
2,766
2,234,975

2,138,468
7,453
28,18545,7500
10,093
884
2,333
613
85
366
2,481
1,674
2,238,389

43,73432,92230,496
107,154
1,184
616
1,801
108,956
2,343,931

43,73432,92232,221
108,879
1,482
616
2,098
110,978
2,349,368

Net Assets
Common stock
Capital surplus
Retained earnings
Total shareholders’ equity
Valuation difference on available-for-sale securities
Revaluation reserve for land
Total valuation and translation adjustments
Total net assets

Total liabilities and net assets

17

(2) Non-consolidated Interim Statements of Income
The Yachiyo Bank, Limited

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Fees and commissions
Other operating income
Other ordinary income
Ordinary expenses
Financing expenses
Interest on deposits
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of non-current assets
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2017
March 31, 2018
18,68017,84013,895
13,887
10,053
9,429
3,608
4,245
3,009
3,155
1,546
401
228
395
15,594
15,163
480
572
412
381
670
757
431
82
13,004
12,655
1,008
1,096
3,086
2,676
0
0
0
0
78
92
78
92
3,007
2,584
682
95
(585)
317
97
412
2,909
2,172

18

(3) Overview of Non-consolidated Financial Statements (ShinGinko Tokyo, Limited)
November 10, 2017
Company name: ShinGinko Tokyo, Limited
Representative: Hidenori Tsunehisa, President and CEO
Responsible person for inquiries: Toshikazu Tanaka, Director and Executive Officer
URL: https://www.sgt.jp/
Telephone: +81-3-6302-3471
Note: Amounts less than one million yen and figures beyond the first decimal place have been truncated.

1. Non-consolidated Operating Performance for the First Half of the Fiscal Year Ending March 31, 2018

(From April 1, 2017 to September 30, 2017)(1) Results in non-consolidated operations(Percentages represent year-on-year changes.)
Ordinary income

First half of the fiscal year ending
March 31, 2018
First half of the fiscal year ended
March 31, 2017

Ordinary profit

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

(%)

4,541

27.6

1,663

124.2

1,635

160.9

3,557

2.7

741

6.2

626

(10.0)(2) Non-consolidated financial position

September 30, 2017

Total assets(¥ million)

Total net assets(¥ million)

Net assets to total assets ratio(%)

458,91364,993

14.1

489,488

63,354

12.9
March 31, 2017
(Reference) Equity: September 30, 2017: ¥64,993 million March 31, 2017: ¥63,354 million(Note) “Equity” is the value of total net assets at the end of the period, and “Net assets to total assets ratio” is calculated by dividing
equity by total assets at the end of the period. Note that this “Net assets to total assets ratio” is not the net assets to total assets ratio
required for the Capital Adequacy Ratio Notification (Financial Services Agency Notification No. 19 of 2006).

19

○ Non-consolidated Interim Financial Statements(1) Non-consolidated Interim Balance Sheets
ShinGinko Tokyo, Limited(¥ million)
As of March 31, 2017
AssetsCash and due from banks
Call loans
Other debt purchased
Securities
Loans and bills discounted
Other assets
Tangible fixed assets
Intangible fixed assets
Customers’ liabilities for acceptances and guarantees
Reserve for possible loan losses
Total assets
Liabilities
Deposits
Call money
Borrowed money
Other liabilities
Reserve for employee bonuses
Reserve for retirement benefits
Provision for loss on cancellation of system contracts
Provision for contingent loss
Deferred tax liabilities
Acceptances and guarantees
Total liabilities
Net Assets
Common stock
Capital surplus
Retained earnings
Total shareholders’ equity
Valuation difference on available-for-sale securities
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

20

As of September 30, 2017

56,0453,000
39,932160,968
230,567
858
23
148
2,035
(4,091)
489,488

35,687－38,350160,076
225,082
791
31
122
1,802
(3,033)458,913

297,580
25,00098,000
2,060
132
156
30
24
1,113
2,035
426,133

295,474
10,00083,000
2,181
139
169
30
29
1,092
1,802
393,920

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

20,00032,046
9,758
61,805
3,188
3,188
64,993458,913

(2) Non-consolidated Interim Statements of Income
ShinGinko Tokyo, Limited

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Trust fees
Fees and commissions
Other operating income
Other ordinary income
Ordinary expenses
Interest expenses
Interest on deposits
Fees and commissions payments
Other operating expenses
General and administrative expenses
Other ordinary expenses
Ordinary profit
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income(¥ million)
First half of the fiscal year ended First half of the fiscal year ending
March 31, 2017
March 31, 2018
3,557
4,541
3,122
3,285
1,713
1,601
1,133
1,396
20
27
94
119
52
71
267
1,036
2,815
2,877
425
279
408
282
68
74
－
36
2,056
2,080
265
407
741
1,663
741
1,663
39
86
75
(58)
114
27
626
1,635

21