May 18, 2012
Sony Financial Holdings Inc.

Summary Information on Sony Bank’s Financial Results
for the Year Ended March 31, 2012
<Contents>(1) Consolidated Balance Sheets(2) Consolidated Statements of Incomeand Consolidated Statements of Comprehensive Income

P.2
P.3

(3) Fair Value Information (Consolidated)

P.5(4) Non-consolidated Balance Sheets

P.7(5) Non-consolidated Statements of Income

P.10(6) Supplementary Information

P.11

1. Interest spread (Non-consolidated)

P.11

2. Deposits and loans (Non-consolidated)

P.11

3. Balance of time deposits by remaining period (Non-consolidated)

P.12

4. Balance of securities by ratings (Non-consolidated)

P.12

5. Loans by borrower category (Non-consolidated)

P.12

6. General and administrative expenses (Non-consolidated)

P.13

7. Number of executives and employees (Non-consolidated)

P.13

8. Non-consolidated Capital Adequacy Ratio (Domestic Criteria)

P.13

9. Consolidated Capital Adequacy Ratio (Domestic Criteria)

P.13

1

(1) Consolidated Balance Sheets(Millions of yen)
As of March 31, 2011

As of March 31, 2012

Assets:Cash and due from banks

47,26589,567

Call loans and bills bought

10,00010,000

Monetary trusts

14,26014,760

Securities

935,121905,882Loans

722,996

836,100

Foreign exchanges

8,432

8,936

Other assets

15,92824,427

Tangible fixed assets

787

1,071

Buildings

206

193

Other tangible fixed assets

581

877

Intangible fixed assets

3,197

5,034

Software

3,194

4,601

Goodwill-

338

Other intangible fixed assets

393

Deferred tax assets

2,199

2,047

Customers' liabilities for acceptances and guarantees

1,000

1,000

Allowance for loan losses(1,121)(1,634)

1,760,070

1,897,192

1,647,751

1,761,136

Call money and bills sold

10,00010,000Borrowed money

2,000

12,000Total Assets
Liabilities:
Deposits

Foreign exchanges

1735

40,21350,134

Reserve for employees' bonuses

464

608

Reserve for employees' retirement benefits

390

440

Reserve for directors' retirement benefits

7892

Provision for point card certificates-95

Reserve under specific law

46

Other liabilities

Deferred tax liabilities

1-

1,000

1,000

1,701,921

1,835,550

Common stock

31,00031,000Capital surplus

21,00021,000Acceptances and guarantees
Total Liabilities
Net Assets:

Retained earnings

7,464

9,212

Total shareholders' equity
Net unrealized gains onother securities, net of taxes
Net deferred losses on
hedging instruments, net of taxes
Total accumulated other comprehensive income

59,464

61,212426

1,767(1,742)(2,597)(1,315)(830)

Minority Interest

-

1,260

Total Net Assets

58,14861,642

1,760,070

1,897,192

Total Liabilities and Net Assets
2(2) Consolidated Statements of Income and Consolidated Statements ofComprehensive Income
1. Consolidated Statements of Income(Millions of yen)
For the year ended
March 31, 2011

For the year ended
March 31, 2012

Ordinary Revenues

29,55932,553

Interest income

23,66624,871

Interest income on loans

12,443

13,270Interest income and dividends on securities

11,113

11,540Interest income on call loans and bills bought

25

13Interest income on deposit with banks

52

45

Other interest income
Fees and commissions

32

1

1,982

4,885

Other operating income

3,869

2,740

Other ordinary income

4056

Income from monetary trusts, net

20

13

Others20

42

Ordinary Expenses

26,65028,589Interest expenses

10,4488,825Interest expenses on deposits

8,402

6,879

Interest expenses on call money and bills sold

12

10Interest expenses on borrowed money

50

146

Other interest expenses
Fees and commissions

1,982

1,789

2,123

2,437

Other operating expenses

480

698

13,074

16,054

523

572

456

536

66

35

2,908

3,964

General and administrative expenses
Other ordinary expenses
Provision of allowance for loan losses
OthersOrdinary Profit
Extraordinary Gains
Reversal of reserve for employees' retirement benefits
Extraordinary Losses
Losses on disposal of tangible fixed assets

-99-

99

11457

052

Impairment losses-Cumulative effect on application of accounting standard
for asset retirement obligations

250

11

Other extraordinary losses-153

Income Before Income Taxes

2,896

3,606

Income Taxes -current

1,620

2,049

Income Taxes -deferred

(307)

(204)

Total Income Taxes

1,313

1,845

Income Before Minority Interests

1,582

1,761

Minority Interests-Net Income

1,582
3

13
1,747

2. Consolidated Statements of Comprehensive Income(Millions of yen)
For the year ended
March 31, 2011
Income Before Minority Interests

For the year ended
March 31, 2012

1,582

1,761

Net unrealized losses on other securities, net of taxes

(474)

1,340

Net deferred losses on hedging instruments, net of taxes

(598)

(855)

(1,072)

485

510

2,246

510

2,232

Other Comprehensive Income

Total other comprehensive income
Comprehensive Income(Details)
Comprehensive Income attributable to parent company
Comprehensive Income attributable to minority interests

4-13(3) Fair Value Information (Consolidated)
1. Fair value information on securitiesi) Held-to-maturity bonds (As of March 31, 2012)(Millions of yen)Held-to-maturity bonds of which fair value exceedsbalance sheet amountJapanese government bonds
Japanese corporate bonds
Subtotal

Balance sheet amount

Fair value

Difference

12,443495
12,93913,036519
13,555592
23615

12,93913,555615

Held-to-maturity bonds of which fair value does not exceedbalance sheet amountJapanese government bonds
Japanese corporate bonds
SubtotalTotalii) Available-for-sale securities (As of March 31, 2012)(Millions of yen)

Available-for-sale securities of which balance sheet amountexceeds acquisition costBonds
Japanese government bonds
Japanese municipal bonds
Japanese corporate bonds
OthersForeign bonds
OthersSubtotal

Balance sheet
amountAcquisition cost

Difference

421,648
136,122
23,739261,786
232,066
229,524
2,541
653,715

417,478
133,659
23,423
260,395
226,609224,3232,286
644,088

4,169
2,463
315
1,391
5,456
5,200
255
9,626

86,31658,397
5,410
22,507
152,911
146,927
5,983
239,227
892,942

87,38859,277
5,414
22,697
155,575
148,530
7,045
242,964
887,053(1,072)
(879)
(3)
(189)
(2,664)(1,602)(1,062)(3,736)
5,889

Gains on sales
369
276
92188188557(Millions of yen)
Losses on sales
(248)
(233)
(15)
(2)
(2)
(251)

Available-for-sale securities of which balance sheet amountdose not exceed acquisition cost
Bonds
Japanese government bonds
Japanese municipal bonds
Japanese corporate bonds
OthersForeign bonds
OthersSubtotalTotaliii) Available-for-sale securities sold during the year (For the year ended March 31, 2012)
Sales
49,56837,187
12,381
22,686
22,68672,255

Bonds
Japanese government bonds
Japanese municipal bonds
Japanese corporate bonds
Othersforeign bonds
OthersTotal52. Fair value information on monetary trustsi) Other monetary trusts (As of March 31, 2012)(Millions of yen)

Other monetary trusts

Balance sheet
amountAcquisition
cost

14,76014,760Difference

Of which,balance sheet amountexceeds acquisition cost

Of which,balance sheet amountdose not exceed
acquisition cost---

Note: “Difference” consists of “Of which, balance sheet amount exceeds acquisition cost” and “Of which,balance sheet amount does not exceed acquisition cost.

6

(4) Non-consolidated Balance Sheets(Millions of yen)
As ofMarch 31, 2011
(A)

Change(B-A)

As ofMay 31, 2012 (B)Assets:Cash and due from banks

46,49887,05340,5544329(13)46,45587,02440,568Call loans

10,00010,000

Monetary trusts

12,74013,240500

Securities

940,121912,933(27,188)

Japanese government bonds

262,742

206,964(55,778)

Japanese municipal bonds

17,50929,14911,640Japanese corporate bonds

320,569

284,790(35,779)

Japanese stocks

5,000

7,050

2,050

Other securities

334,299384,977

50,678722,452

835,582

113,129

713,634

828,865

115,231

Overdrafts

8,818

6,716

(2,101)

Foreign exchanges

8,432

8,936

503

8,432

8,936

503

15,83018,1322,301

Domestic exchange settlement account
debit

86

72(14)

Prepaid expenses

9772(24)

Accrued income

3,847

4,209

361

Initial margin of future markets

1,063

Derivatives

6,964

5,458

(1,505)

Accounts receivable

3,119

4,610

1,490

653

3,709

3,056

778

794

16

Buildings

201

179

(22)

Other tangible fixed assets

576

615

38

2,897

2,624(272)

2,894

2,621

(272)

22

-

Deferred tax assets

2,199

1,840(359)

Customers' liabilities for acceptancesand guarantees1,000

1,000-

Allowance for loan losses(1,121)(1,634)(513)

1,761,830

1,890,503

128,672

Cash
Due from banks

Loans
Loans on deedDue from foreign banks
Other assets

OthersTangible fixed assets

Intangible fixed assets
Software
Other intangible fixed assets

Total Assets

7--(1,063)

(Millions of yen)
As ofMarch 31, 2011
(A)

As ofMay 31, 2012 (B)Change(B-A)

Liabilities:
Deposits

1,649,106

1,762,282

113,176

Ordinary deposits

315,236

331,606

16,369Time deposits

973,162

1,056,957

83,794

Other deposits

360,706

373,719

13,012

Call money

10,00010,000-Borrowed money

2,000

12,00010,000Borrowed money

2,000

12,00010,000Foreign exchanges

1735

18

Foreign bills sold101(9)

Foreign bills payable

634

28

38,82941,300

2,470

46

46

Other liabilities-

Unsettled exchange payables
Income taxes payables

1,363

1,215(148)

Accrued expenses

4,712

4,565(146)

Unearned revenue

20(1)Initial margins of future markets

13,47914,090611

Derivatives

14,657

20,4675,810

Leased obligation

11(0)Loss on adjustment for changes ofaccounting standard
for asset retirement obligations

79

80

14,533831(3,702)

Reserve for employees' bonuses

437

519

81

Reserve for employees' retirement
benefits

390381(8)Reserve for directors' retirement benefits

78

92

1495

95

OthersProvision for point card certificates-

Acceptances and guarantees
Total Liabilities

1,000

1,000

1,701,859

1,827,706

8125,847

(Millions of yen)
As ofMarch 31, 2011
(A)

As ofMay 31, 2012 (B)Change(B-A)

Net Assets:
Common stock

31,00031,000-Capital surplus

21,00021,000-Capital reserves

21,00021,000-Retained earnings

9,287

11,627

2,340

Other retained earnings

9,287

11,627

2,340

Unappropriated retained earnings

9,287

11,6272,340

61,287

63,627

2,340

426

1,767

1,340

Net deferred losses on hedging
instruments, net of taxes(1,742)(2,597)(855)

Total valuation and translation
adjustments(1,315)

(830)

485

Total Net Assets

59,971

62,7962,825

1,761,830

1,890,503

128,672

Total shareholders' equity
Net unrealized gains on other securities,
net of taxes

Total Liabilities and Net Assets

9(5) Non-consolidated Statements of Income(Millions of yen)
For the year ended
March 31, 2011(A)

For the year ended
March 31, 2012
(B)

Change(B-A)

Ordinary Revenues

29,521

30,075554

Interest income

23,652

24,8591,206Interest income on loans

12,431

13,260828Interest income and dividends on securities

11,113

11,540427

Interest income on call loans25

13(11)

Interest income on deposits with banks5244(7)30

Other interest income
Fees and commissions-(30)

1,935

2,384

448

193

176

(16)

1,742

2,207

465

3,869

2,740

(1,129)2,677

1,764(913)

Gains on sale of bonds

959

975

16

Gains on redemption of bonds

2320(232)

Other ordinary income

639229

Income from monetary trusts, net

1812(6)

Other
Ordinary Expenses

4480

35

26,144

26,042(101)

Interest expenses

10,4458,777(1,668)Interest expenses on deposits

8,402

6,880

(1,522)Fees and commissions on domestic and foreignexchanges
Other fees and commissions
Other operating income
Gains on foreign exchange transactions

Interest expenses on call money

1210(1)

Interest expenses on borrowed money
Interest expenses on interest rate swaps50101

51

1,980

1,784

(195)

Fees and commissions

2,099

2,188

89

74

79

4

2,024

2,109

84

480

698

218

81

251

169

399

447

48

12,60313,808

1,204

Other ordinary expenses

515

570

55

Provision of allowance for loan losses

456

536

79

0

9

8

Fees and commissions on domestic and foreignexchanges
Other fees and commissions
Other operating expenses
Losses on sale of bonds
Expenses from derivatives other than fortrading or hedging
General and administrative expenses

Written-off of loans
OthersOrdinary Profit

57

24(32)

3,377

4,033

656-

99

99-9999Extraordinary Profit
Reversal of reserve for employees' retirement
benefits
Extraordinary Losses
Cumulative effect on application of accounting
standard for asset retirement obligations

10-(10)10-(10)

Income Before Income Taxes

3,366

4,132

Income Taxes -current

1,620

1,941

321

Income Taxes -deferred

(308)

(148)

159

Total Income Taxes

1,311

1,792

480

2,054

2,340

285

Net Income

10766

(6) Supplementary Information
1. Interest spread (Non-consolidated)

Yield on investment ①
Yield on loans
Yield on securities
Yield on monetary claims purchasedFinancing cost②
Yield on financing ③
Yield on deposits*

Yield on external liabilities
Expense ratio①－③
Interest spread
Overall profit margin ①－②(%)
For the year ended
March 31, 2012
1.41
1.71
1.25
1.34
0.51
0.41
0.68
0.82
0.89
0.07

For the year ended
March 31, 2011
1.42
1.94
1.18
2.72
1.45
0.65
0.53
0.46
0.80
0.76(0.03)

Note: External liabilities are equal to a total of call money and borrowed money.

2. Deposits and loans (Non-consolidated)

Deposits
Yen deposits
Ordinary deposits
Time depositsForeign currency deposits
Ordinary deposits
Time deposits
Loans
Mortgage loans
Other

For the year ended March 31, 2011

(Millions of yen, %)For the year ended March 31, 2012

Balanceat the end

Averagebalance

YieldBalanceat the end

Averagebalance

1,649,106
1,289,881
315,654974,218
359,224
155 094
155,094
204,129
722,452
656,046
66,405

1,573,196
1,233,729
289,806
943,892
339,467
146 840
146,840
192,616
639,662590,383
49,279

0.53
0.41
0.01
0.53
0.96
0 18
0.18
1.56
1.94
1.93
1.98

1,762,282
1,390,567
332,030
1,058,508
371,715158 203
158,203
213,512835,582749,635
85,946

1,676,852
1,313,936
324,137
989,771362,916163 967
163,967
198,938
774,667
698,178
76,488

Yield

0.41
0.26
0.01
0.34
0.93
0 17
0.17
1.55
1.71
1.73
1.48

Note: The average balance of foreign currency deposits during the term is calculated as the average during the period of the yen equivalentvalue of each day’s foreign currency deposit balance.

11

3. Balance of time deposits by remaining period (Non-consolidated)

Remaining periodLess than 3 months
3 months or more, less than 6 months
6 months or more, less than 1 year
1 year or more, less than 2 years
2 years or more, less than 3 years
3 years or more

Total

As of March 31, 2011
ForeignYen
Total
currency
316,175
185,805
130,370
384,929
345,12139,807360,919
335,937
24,982
15,372
5,491
20,863
13,148
9,679
3,468
9
39,05539,045204,129
1,135,092
930,962(Millions of yen)
As of March 31, 2012
ForeignYen
Total
currency
167,12257,313
109,808
445,405
60,691
506,096424,216
31,722455,938
24,514
8,016
32,531
8,321
3,099
11,421
173
48,661
48,834
1,008,432
213,5121,221,944

Note: The table above does not include thrift saving deposits.

4. Balance of securities by ratings (Non-consolidated)

Ratings
AAAAA
A
BBB
Unrated
Total

As of March 31, 2011
BalanceComposition
56.5
530,857
22.6
212,026
166,420
17.7
17,262
1.8
13,5531.4
100.0
940,121(Millions of yen, %)As of March 31, 2012
BalanceComposition
41.4
378,324
293,795
32.2
21.6
197,309
3.1
27,927
15,5761.7912,933
100.0Notes: 1. Credit rating classifications are based on the standardized approach for risk weighting applicable underthe bank capital requirements, commonly referred to as Basel II. The external credit ratings used inapplying the standardized approach to risk weighting for these purposes are the rating assigned by thefollowing rating agencies: Moody's Investors Service, Inc., Standard & Poor's, Rating and Investment
Information, Inc., Japan Credit Rating Agency, Ltd. and Fitch Ratings Ltd.
2. The unrated item on the above table includes ￥8,525 million of investments in unrated investment trustsand ￥7,050subsidiary.
￥7 050 million of investments in shares of a subsidiary

5. Loans by borrower category (Non-consolidated)

Category
Bankrupt and quasi-bankrupt loans
Doubtful loans
Sub-standard loans
Normal loans
Total

As of March 31, 2011
Amount
698
729
1,384
732,927
735,74112(Millions of yen)
As of March 31,2012
Amount
849
828
2,073
845,977
849,728

6. General and administrative expenses (Non-consolidated)

Personnel expenses
Non-personnel expenses
Depreciation and amortization
TaxesTotal

For the year ended
March 31, 2011

(Millions of yen, %)For the year ended
March 31, 2012

Amount
2,733
9,341
1,272
528
12,603

Amount3,118
10,151
1,342
538
13,808

%
21.7
74.1
10.0
4.2
100.0%
22.6
73.5
9.7
3.9
100.0

7. Number of executives and employees (Non-consolidated)

Executive management
Directors
Statutory auditors
Employees(Persons)
As of March 31, 2012
1183320

As of March 31, 2011
1183288

Notes:1.The number of directors include one outside director and the number of statutory auditors
include two non-executive statutory auditors.
2.The number of employees exclude temporary employees and subcontracted employees
seconded to Sony Bank.

8. Non-consolidated Capital Adequacy Ratio (Domestic Criteria)(Millions of yen, %)Capital Adequacy
Ratio

Tier I Ratio%

Tier I Capital

Total Required
CapitalMillions of yen

Millions of yen

Millions of yen

Total Capital%

As of March 31, 2012

11.58

9.63

76,46363,627

26,403A off MarchAs
M h 31,31 2011

10 84
10.84

10 41
10.41

63 871
63,87161 28761,28723 54723,547

Notes: 1. The non-consolidated capital adequacy ratio (domestic criteria) was calculated based on the standard stipulated
by Article 14-2 of the Banking Act, in accordance with FSA Notification No. 19 (2006).
2. Total required capital = risk-weighted assets × 4%

9. Consolidated Capital Adequacy Ratio (Domestic Criteria)(Millions of yen, %)Capital Adequacy
Ratio

Tier I Ratio%

Tier I Capital

Total Required
CapitalMillions of yen

Millions of yen

Millions of yen

Total Capital%

As of March 31, 2012

11.28

9.35

74,97062,134

26,579As of March 31, 2011

10.610.16

62,04859,464

23,398Notes: 1. The consolidated capital adequacy ratio (domestic criteria) was calculated based on the standard stipulatedby Article 14-2 of the Banking Act, in accordance with FSA Notification No. 19 (2006).
2. Total required capital = risk-weighted assets × 4%13