Financial Statements
For the Year Ended March.31,2015

THE JOYO BANK, LTD.

THE JOYO BANK, LTD.

Table of Contents

A．CONSOLIDATED FINANCIAL INFORMATION
１． Consolidated Balance Sheets･････････････････････････････････････

１

２． Consolidated Statements of Income andConsolidated Statements of Comprehensive Income････････････････

３

３． Consolidated Statements of Changes in Net Assets･････････････････

５

４． Consolidated Statements of Cash Flows･･･････････････････････････

７

B．NON-CONSOLIDATED FINANCIAL INFORMATION
１． Non-Consolidated Balance Sheets････････････････････････････････

９

２． Non-Consolidated Statements of Income･･････････････････････････ １１
３． Non-Consolidated Statements of Changes in Net Assets････････････ １３(Note)
Information presented herein has been extracted from the original material, solely forthe convenience of the readers outside Japan.
The amounts presented herein have not been audited.

THE JOYO BANK, LTD.

A．CONSOLIDATED FINANCIAL INFORMATION
１．Consolidated Balance Sheets(Millions of yen)

As of Mar.31,2014

As of Mar.31,2015

AssetsCash and due from banks
Call loans and bills bought
Monetary claims bought
Trading assets
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investment assets
Other assets
Property, plant and equipment
Buildings, net
Land
Leased assets, net
Construction in progress
Other tangible fixed assets
Intangible assets
Software
Other intangible fixed assets
Net defined benefit asset
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Allowance for investment loss

Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldPayables under securities lending transactions
Trading liabilities
Borrowed money
Foreign exchanges
Bonds payable
Bonds with subscription rights to shares
Borrowed money from trust account
Other liabilities
Provision for directors' bonuses
Net defined benefit liability
Provision for directors' retirement benefits
Provision for reimbursement of deposits
Provision for point card certificates
Provision for loss on interest repayment
Provision for contingent loss
Reserves under special laws
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Negative goodwill
Acceptances and guarantees

Total liabilities- 1 -224,661
7,181
14,6603,387
2,760,304
5,363,389
2,251
36,08147,812
96,121
33,10855,389
30
1,205
6,388
10,902
6,160
4,742
―
2,245
14,522△46,915△35
8,536,571

496,348
14,356
12,5094,999
2,742,510
5,618,019
3,296
38,571
52,71994,961
33,833
52,94425
116
8,041
10,570
7,100
3,470
1,438
1,966
14,961△41,765△99,065,458

7,479,902
10,03071,839105,996141
218,248353
15,000―19
62,790
48
8,834
39
1,993
127
2
1,505
1
14,352
11,872
1,975
14,5228,019,600

7,715,598
10,04544,324
143,395
160
345,388551
15,00036,051
13
66,084
62
7,997
39
2,164
138
7
1,169
2
48,507
10,136
1,817
14,961
8,463,618

THE JOYO BANK, LTD.
(Millions of yen)

As of Mar.31,2014

As of Mar.31,2015

Net assets
85,11358,574
300,506△21,079
423,11386,445△2,072
12,184△5,65690,900113
2,843
516,9718,536,571

Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for landRemeasurements of defined benefit plans
Total accumulated other comprehensive income
Subscription rights to shares
Minority interests
Total net assets

Total liabilities and net assets- 2 -85,11358,574
311,093△21,619
433,160
159,909△1,725
12,666△3,756167,094
147
1,437
601,840
9,065,458

THE JOYO BANK, LTD.

２．Consolidated Statements of Income andComprehensive Income

Consolidated Statements of(Consolidated Statements of Income)(Millions of yen)

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans and bills boughtInterest on deposits with banks
Other interest income
Trust fees
Fees and commissions
Trading income
Other ordinary income
Other income
Recoveries of written off claims
Other

Ordinary 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 borrowings and rediscounts
Interest on bonds
Other interest expenses
Fees and commissions payments
Other ordinary expenses
General and administrative expenses
Other expenses
Provision of allowance for loan losses
Other

Ordinary profit
Extraordinary income
Gain on disposal of non-current assets
Gain on bargain purchase

Extraordinary losses
Loss on disposal of non-current assets
Impairment loss
Transfer to reserve for financial products transaction liabilities

Income before income taxes and minority interests
Income taxes - current
Income taxes - deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income- 3 -For FY2013
For FY2014
ended
ended
Mar.31,2014
Mar.31,2015
159,179
156,118
95,18095,952
69,59467,76324,85427,455
40
25
346
287
342
420
25
26
24,27926,271
1,517
1,842
7,800
5,240
30,376
26,7862,754
2,892
27,621
23,894
117,858
110,388
4,773
5,120
2,579
2,390
4
5
147
214
278
271
265
417
254
254
1,243
1,567
7,136
7,490
6,215
2,263
72,78572,161
26,94723,352
4,045
943
22,902
22,40841,32045,730
6
1,787
6
451
―
1,335
1,159
1,574
561
553
597
1,020
0
0
40,16845,943
12,277
12,4972,500
4,517
14,77817,01525,38928,927347
247
25,042
28,680THE JOYO BANK, LTD.

(Consolidated Statements of Comprehensive Income)(Millions of yen)

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for landRemeasurements of defined benefit plans, net of tax

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to minority interests- 4 -For FY2013
For FY2014
ended
ended
Mar.31,2014
Mar.31,2015
25,38928,927△17
76,782△596
73,489
579
347
―
1,045
―
1,900
25,372
105,71025,019352

105,438
271

THE JOYO BANK, LTD.

３．Consolidated Statements of Changes in Net Assets(Millions of yen)

For FY2013 ended Mar.31,2014
Shareholders' equity

Capital stock

Capital surplus

85,11358,574

Balance at beginning of current period
Changes of items during period
Dividends of surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Retirement of treasury shares
Reversal of revaluation reserve for land
Net changes of items other than shareholders' equity
Total changes of items during period
Balance at end of current period

Retainedearnings

286,893

Total
Treasury shares shareholders'equity△23,299△6,73525,042△24△4,844
174―
85,113―58,574

13,612
300,506△2,710
85
4,844

2,219
△21,079

407,281△6,73525,042△2,71060―
174
15,832
423,113(Millions of yen)
Accumulated other comprehensive income
Valuationdifference on
available-forsale securities
87,047

Total
Subscription
Deferred gains
Remeasurements accumulated
Revaluationrights to sharesor losses onof defined benefit
other
reserve for land
hedgesplans
comprehensive
income△2,651

12,359―96,754120

Minority
interests

2,493

Total net
assets506,649△6,73525,042△2,710
60

△601
△601
86,445579
579△2,072△174△174
12,184△5,656△5,656△5,656- 5 -△5,853△5,85390,900

△6
△6
113

350
350
2,843

174
△5,510
10,321
516,971

THE JOYO BANK, LTD.
(Millions of yen)

For FY2014 ended Mar.31,2015
Shareholders' equity

Capital stock

Capital surplus

85,11358,574

85,11358,574

Balance at beginning of current period
Cumulative effects of changes in accounting policies
Restated balance
Changes of items during period
Dividends of surplus
Net income
Purchase of treasury shares
Disposal of treasury shares
Retirement of treasury shares
Reversal of revaluation reserve for land
Net changes of items other than shareholders' equity
Total changes of items during period
Balance at end of current period

Retainedearnings

300,506△748
299,757

Total
Treasury shares shareholders'equity△21,079△21,079△6,622
28,680△3△11,283564―
85,113―58,574

11,335
311,093△11,842
19
11,283△539△21,619

423,113△748
422,364△6,622
28,680△11,84216－
564
10,795433,160(Millions of yen)

Accumulated other comprehensive income
Valuationdifference on
available-forsale securities

Total
Subscription
Deferred gains
Remeasurements accumulated
Revaluationrights to sharesor losses onof defined benefit
other
reserve for land
hedgesplans
comprehensive
incomeMinority
interests

86,445△2,072

12,184△5,65690,900113

2,843

86,445△2,072

12,184△5,65690,900113

2,843

Total net
assets516,971△748
516,222△6,622
28,680△11,842
16

73,46473,464
159,909347
347△1,725481
481
12,6661,900
1,900△3,756- 6 -76,19476,194
167,094

33
33
147△1,405△1,4051,437

564
74,821
85,617
601,840

THE JOYO BANK, LTD.

４．Consolidated Statements of Cash Flows(Millions of yen)

For FY2013
ended
Mar.31,2014

For FY2014
ended
Mar.31,2015

Cash flows from operating activities
Income before income taxes and minority interests
Depreciation
Impairment loss
Gain on bargain purchaseAmortization of negative goodwill
Increase (decrease) in allowance for loan losses
Increase (decrease) in allowance for investment loss
Increase (decrease) in provision for directors' retirement benefits
Increase (decrease) in provision for reimbursement of deposits
Increase (decrease) in provision for point card certificates
Increase (decrease) in provision for contingent loss
Increase (decrease) in provision for loss on interest repayment
Increase (decrease) in provision for directors' bonuses
Inorease (decrease) in asset for retirement benefits
Increase (decrease) in net defined benefit liability
Gain on fund management
Financing expenses
Loss (gain) related to securities
Foreign exchange losses (gains)
Loss (gain) on disposal of non-current assets
Net decrease (increase) in trading assets
Net increase (decrease) in trading liabilities
Decrease (increase) in lease investment assets
Net decrease (increase) in loans and bills discounted
Net increase (decrease) in deposit
Net increase (decrease) in negotiable certificates of deposit
Net increase (decrease) in borrowed money (excluding subordinated borrowings)
Net decrease (increase) in deposit (excluding cash equivalent)
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 exchanges - assets
Net increase (decrease) in foreign exchanges - liabilities
Net increase (decrease) in borrowed money from trust accountProceeds from fund management
Payments for finance
Other, net
Subtotal
Income taxes paid
Net cash provided by (used in) operating activities- 7 -40,168
5,841
597
―
△158
△4,504
―
5
144
△2
△13
△3
△1
―
△606
△101,539
4,773
95△23,567
554
△667
△18
△5,174△255,073
135,439△5,429103,003△5,597
7,324
33,373
14,712△407
88△7
102,620△5,724△7,55932,686△12,453
20,23245,9435,710
1,020△1,335△158△5,150
△26
0
170
10
△336
4
13
△1,438△836△103,319
5,120
1,658
△35,769
102△1,61219△2,489△254,630
235,695
15
132,539
11,383△5,024△27,515
37,399△1,045198△5102,982△5,367680
134,608△13,624
120,983THE JOYO BANK, LTD.
(Millions of yen)

For FY2013
ended
Mar.31,2014

For FY2014
ended
Mar.31,2015

Cash flows from investing activities
Purchase of securities
Proceeds from sales of securities
Proceeds from redemption of securities
Purchase of tangible fixed assets
Proceeds from sales of tangible fixed assets
Purchase of intangible fixed assets
Purchase of shares of subsidiaries
Net cash provided by (used in) investing activities△794,302
417,373
282,427△7,099154△3,751―△105,198△863,354
736,166
287,759△4,665
1,941△2,259△339
155,249―△5,000△6,735△2△2,71060△14,38620△99,332
309,695
210,363

30,674△5,400△6,622△2△11,8423
6,810
27283,070
210,363493,433

Cash flows from financing activities
Proceeds from issuance of bonds with subscription rights to shares
Decrease in subordinated borrowings
Cash dividends paid
Cash dividends paid to minority shareholders
Purchase of treasury shares
Proceeds from sales of treasury shares
Net cash provided by (used in) financing activities

Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period- 8 -THE JOYO BANK, LTD.

B．NON-CONSOLIDATED FINANCIAL INFORMATION
１．Non-Consolidated Balance Sheets(Millions of yen)

As of Mar.31,2014

As of Mar.31,2015

Assets224,629
85,460139,168
7,181
14,660
3,387
2,914
0
472
2,752,517
1,368,039
323,554408,670
220,402431,850
5,399,342
22,637
307,050
4,508,618
561,035
2,251
1,704
223
323
27,212
61
842
8,177
160
2,036
1,458
14,476
88,57830,64650,316
2,994
1,193
3,427
10,833
5,953
331
4,548
4,756
14,522△41,362△35
8,508,476

Cash and due from banks
Cash
Due from banks
Call loans
Monetary claims bought
Trading assets
Trading account securities
Derivatives of trading securities
Trading-related financial derivatives
Securities
Government bonds
Local government bonds
Corporate bonds
StocksOther securities
Loans and bills discounted
Bills discounted
Loans on bills
Loans on deeds
Overdrafts
Foreign exchanges
Due from foreign banks (our accounts)
Foreign bills bought
Foreign bills receivable
Other assets
Domestic exchange settlement account, debit
Prepaid expenses
Accrued income
Initial margins of futures markets
Derivatives other than for trading - assets
Cash collateral paid for financial instruments
Other
Property, plant and equipment
Buildings, net
Land
Leased assets, net
Construction in progress
Other tangible fixed assets
Intangible assets
SoftwareLeased assets
Other intangible fixed assets
Prepaid pension cost
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Allowance for investment loss
Total assets- 9 -496,325
74,676421,649
14,356
12,509
4,492
3,757
―
734
2,735,418
1,180,504
205,255
435,479
280,669
633,508
5,656,407
21,755298,553
4,768,247
567,851
3,296
2,532
162
602
30,378
109
788
8,615
160
3,188
3,437
14,07987,39731,272
48,338
2,843
116
4,825
10,058
6,717
291
3,049
7,083
14,961△36,690△99,035,987

THE JOYO BANK, LTD.
(Millions of yen)

As of Mar.31,2014

As of Mar.31,2015

Liabilities
Deposits
Current deposits
Ordinary deposits
Saving deposits
Deposits at noticeTime deposits
Other deposits
Negotiable certificates of deposit
Call money
Payables under securities lending transactions
Trading liabilities
Trading-related financial derivatives
Borrowed money
Borrowings from other banks
Foreign exchanges
Foreign bills sold
Foreign bills payable
Bonds payable
Bonds with subscription rights to shares
Borrowed money from trust account
Other liabilities
Domestic exchange settlement account , credit
Income taxes payable
Accrued expenses
Unearned revenue
Deposits received from employees
Variation margins of futures markets
Derivatives other than for trading - liabilities
Lease obligations
Other
Provision for directors' bonuses
Provision for retirement benefits
Provision for reimbursement of deposits
Provision for point card certificates
Provision for contingent loss
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities

7,490,926
146,143
4,350,601
46,08823,0062,790,051
135,035
13,43071,839105,996141
141
211,396
211,396353
306
47
15,000―19
39,433
203
6,756
7,085
2,513
1,540
0
6,699
3,335
11,299
48
4,325
1,993
99
1,505
18,893
10,908
14,5228,000,835

7,728,736
154,014
4,584,733
45,80017,9692,786,607
139,612
15,94544,324
143,395
160
160
336,922336,922551
516
35
15,00036,051
13
41,220
120
5,097
6,816
2,513
1,498
―
8,991
3,139
13,042
59
7,543
2,164
104
1,169
51,1699,420
14,961
8,448,913

85,11358,57458,574
290,841
55,317
235,524408
207,432
27,684△21,699
412,829
86,365△2,072
10,404
94,697
113
507,640
8,508,476

85,11358,57458,574
296,10755,317240,790810
212,432
27,547△22,014417,780
159,727△1,725
11,144
169,146147
587,074
9,035,987

Net assets
Capital stock
Capital surplus
Legal capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
Reserve for advanced depreciation of non -current assets
General reserve
Retained earnings brought forward
Treasury shares
Total shareholders' equity
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Total valuation and translation adjustments
Subscription rights to shares
Total net assets

Total liabilities and net assets- 10 -

THE JOYO BANK, LTD.

２．Non-Consolidated Statements of Income(Millions of yen)

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
Trust fees
Fees and commissions
Fees and commissions on domestic and foreign exchanges
Other fees and commissions
Trading income
Gains on trading account securities transactions
Income from trading-related financial derivatives transactions
Other ordinary income
Gains on foreign exchange transactions
Gains on sales of bonds
Gains on redemption of bonds
Income from derivatives other than for trading or hedging
Other
Other income
Recoveries of written off claims
Gain on sales 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 borrowings and rediscounts
Interest on bonds
Interest on interest swaps
Other interest expenses
Fees and commissions payments
Fees and commissions on domestic and foreign exchanges
Other fees and commissions
Other ordinary expenses
Loss on sales of bonds
Expenses on derivatives other than for trading or hedging
General and administrative expenses
Other expenses
Provision of allowance for loan losses
Provision for contingent loss
Provision of allowance for investment loss
Provision for reimbursement of deposits
Provision for point card certificates
Written-off of loans
Losses on sales of stocks and other securities
Losses on devaluation of stocks and other securities

Other
Ordinary profit- 11 -For FY2013
For FY2014
ended
ended
Mar.31,2014
Mar.31,2015
138,551
133,415
95,316
96,111
69,71867,922
24,82727,428
40
25
346
287
383
447
25
26
21,251
22,994
6,294
6,264
14,956
16,730
412
586
198
181
213
405
7,784
5,218
836
967
5,600
4,171
1,053
78
294
―
0
0
13,760
8,478
2,277
2,462
8,946
3,345
2,536
2,670
102,71393,010
4,715
5,062
2,582
2,392
4
6
147
214
278
271
265
417
254
254
1,111
1,310
71
195
8,099
8,533
1,242
1,293
6,856
7,239
6,215
2,263
6,215
1,595
―
668
71,90971,43011,774
5,720
4,771
1,099
156
―
―
0
391
467
98
86
3,053
2,521
1,458
534
5
0
1,838
1,011
35,83740,404

THE JOYO BANK, LTD.
(Millions of yen)

For FY2013
ended
Mar.31,2014
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of non-current assets
Impairment loss
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income

6
6
691
522
169
35,153
11,0901,990
13,081
22,071- 12 -For FY2014
ended
Mar.31,2015
108
108
1,566
546
1,020
38,945
11,154
3,875
15,03023,915

THE JOYO BANK, LTD.

３．Non-Consolidated Statements of Changes in Net Assets(Millions of yen)

For FY2013 ended Mar.31,2014
Shareholders' equity
Capital surplus

Capital stock

Balance at beginning of current period
Changes of items during period
Dividends of surplus
Net income
Provision of reserve for advanced depreciation of noncurrent assets
Reversal of reserve for advanced depreciation of noncurrent assets
Provision of general reserve
Purchase of treasury shares
Disposal of treasury shares
Retirement of treasury shares
Reversal of revaluation reserve for land
Net changes of items other than shareholders' equity
Total changes of items during period
Balance at end of current period

Legal capitalsurplus

Total capitalsurplusRetained earnings

Legal retained
earnings

85,11358,57458,57455,317―
85,113―58,574―58,574―55,317(Millions of yen)
Shareholders' equity
Retained earnings
Other retained earnings
Reserve foradvanceddepreciation of
non-current
assets364

Retained
General reserveearnings
brought forward

202,432

46
△3
5,000

43
408

5,000
207,432

Total retained Treasury sharesearnings

22,282

280,396△6,73522,071△6,73522,071△46―

3△5,000――△27△4,989124△27△4,989124

5,401
27,684

10,444
290,841- 13 -△24,066

Total
shareholders'equity400,017△6,73522,071△2,71088
4,989△2,710
60
―
124

2,367
△21,699

12,812412,829

THE JOYO BANK, LTD.
(Millions of yen)
Valuation and translation adjustments

Valuationdifference on
available-forsale securities

86,988Subscription
Deferred gains
Total valuation
Revaluation
or losses on
and translation rights to shares
reserve for land
hedgesadjustments△2,651

10,52994,866120

Total net
assets495,004△6,73522,071△2,710
60

△622
△622
86,365579
579△2,072△124△124
10,404△168△168
94,697

△6
△6
113

124
△175
12,636507,640(Millions of yen)

For FY2014 ended Mar.31,2015
Shareholders' equity
Capital surplus

Capital stock

Balance at beginning of current period
Cumulative effects of changes in accounting policies
Restated balance
Changes of items during period
Dividends of surplus
Net income
Provision of reserve for advanced depreciation of noncurrent assets
Reversal of reserve for advanced depreciation of noncurrent assets
Provision of general reserve
Purchase of treasury shares
Disposal of treasury shares
Retirement of treasury shares
Reversal of revaluation reserve for land
Net changes of items other than shareholders' equity
Total changes of items during period
Balance at end of current period- 14 -

Legal capitalsurplus

Total capitalsurplusRetained earnings

Legal retained
earnings

85,11358,57458,57455,317

85,11358,57458,57455,317―
85,113―58,574―58,574―55,317

THE JOYO BANK, LTD.
(Millions of yen)
Shareholders' equity
Retained earnings
Other retained earnings
Reserve foradvanceddepreciation of
non-current
assetsRetained
General reserveearnings
brought forward

408

207,432408

207,432

451
△48
5,000

402
810

5,000
212,432

Total retained Treasury sharesearnings

27,684△748
26,936

290,841△748
290,093△6,622
23,915△6,622
23,915△451―

48△5,000――△3△11,508232△3△11,508
232

611
27,547

6,014
296,107△21,699△21,699

Total
shareholders'equity412,829△748
412,080△6,622
23,915△11,842
20
11,508△11,842
16
―
232

△314
△22,014

5,699
417,780(Millions of yen)
Valuation and translation adjustments

Valuationdifference on
available-forsale securities

Subscription
Deferred gains
Total valuation
Revaluation
or losses on
and translation rights to shares
reserve for land
hedgesadjustments

86,365△2,072

10,404

94,697113

86,365△2,072

10,404

94,697

113

Total net
assets507,640△748
506,892△6,622
23,915△11,842
16

73,36273,362
159,727347
347△1,725739
739
11,14474,44974,449169,146- 15 -

33
33
147

232
74,48280,181
587,074