Financial Results for the Fiscal Year
Ended March 31, 2013

Ashikaga Holdings Co., Ltd
The Ashikaga Bank, Ltd

Financial Results for the Fiscal Year Ended March 31, 2013--------Contents---------------------------------------------------------Ⅰ Consolidated Financial Information for Fiscal 2012
1. Consolidated Balance Sheets・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 1
2. Consolidated Statements of Income and Consolidated Statements of Comprehensive Income・・・・・・・・

2

3. Consolidated Statement of Shareholders' Equity・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 4
4. Consolidated Statements of Cash Flows・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 5
5. Non-consolidated Balance Sheets・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 6
6. Non-consolidated Statements of Income・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 8
7. Non-consolidated Statement of Shareholders' Equity・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 9
Ⅱ Financial Data for Fiscal 2012 (ended March 31, 2013)
1. Income Status・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・10
2. Net Business Income・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 12
3. Interest Rate Spread・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 12
4. Gains and Losses on Securities・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 12
5. Capital Adequacy Ratio・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 13
6. Return on Equity・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 13
Ⅲ Status of Loans
1. Risk-monitored Loans・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 14
2. Reserve for Possible Loan Losses・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 15
3. Ratio to Reserve for Total Risk-monitored Loans・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 15
4. Loans subject to mandatory disclosure under the Financial Reconstruction Law・・・・・・ 16
5. Coverage of loans subject to mandatory disclosure under the Financial Reconstruction Law 16

6. Loan Portfolio・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 17(1) Classification of loans by type of industry(2) Classification of risk-monitored loans by type of industry(3) Individual loans(4) Loans to small-and-medium-sized enterprises
7. Loans to Entities Overseas by Country・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 18
8. Balance of Deposits and Loans・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 18
Ⅳ Valuation Gains (Losses) on Securities
1. Valuation Standards of Securities・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 19
2. Unrealized Valuation Gains (Losses) on Other Securities （available-for-sale securities)・・・・ 19

Ⅴ Employees' Severance and Retirement Benefits
1. Projected Retirement Benefit Obligation・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 20
2. Retirement Benefit Costs・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 20

ⅠConsolidated Financial Information for Fiscal 2012
1. Consolidated Balance Sheets【Ashikaga Holdings Co., Ltd.】
Item
AssetsCash and due from banks
Call loans and bills purchased
Commercial paper and other debt purchased
Trading securities
Securities
Loans and bills discounted
Foreign exchanges
Other assets
Tangible fixed assets
Buildings
Land
Lease assets
Construction in progress
Other tangible fixed assets
Intangible fixed assets
Software
Goodwill
Lease assets
Other intangible fixed assets
Deferred tax assets
Customer liabilities for acceptances and guarantees
Reserve for possible loan losses
Total Assets
Liabilities
Deposits
Negotiable certificates of deposit
Collateral deposits received for securities lending
Borrowed money
Foreign Exchanges
Other liabilities
Reserve for directors’ bonuses
Reserve for employee retirement benefits
Reserve for directors’ retirement benefits
Reserve for reimbursement of deposits
Reserve for contingent losses
Reserve for credit card rewards points
Reserve for losses on disaster
Acceptances and guarantees
Total liabilities
Net Assets
Capital stock
Capital surplus
Retained earnings
Total shareholders’ equity
Net unrealized valuation gains (losses) on other securities(available for sale securities)

Gains (losses) on deferred hedges
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets(Note) Figures are rounded down to the nearest million.

1(Millions of yen）
As of March 31, 2012

As of March 31, 2013

167,543
185,694
8,395
3,230
1,202,480
3,642,549
5,664
26,321
24,7907,189
12,67319
6
4,900
108,206
6,872
100,7898536
8,247
19,167(48,519)
5,353,772

197,870
129,4608,664
4,288
1,186,910
3,775,974
7,451
22,622
23,7807,240
12,53619
54
3,929
100,594
5,465
94,587
5
536
2,292
17,274(43,039)5,434,144

4,657,316
139,914−221,647
435
40,21473
16,057
219
1,440
263
80
170
19,167
5,097,001

4,745,811
150,927
71,951
121,704550
43,009
56
1,269
254
1,518
326
74
70
17,274
5,154,800

105,010
95,78046,995
247,785

105,010
95,78056,730257,5218,984

21,954−
8,984
256,770
5,353,772(132)
21,822
279,3435,434,144

2. Consolidated Statements of Income and Consolidated Statements ofComprehensive Income【Ashikaga Holdings Co., Ltd.】(1)Consolidated Statements of Income
Item
Operating income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans and bills boughtInterest on deposits with other banks
Other interest income
Fees and commissions
Other business income
Other operating income
Recoveries of written-off claims
Gains on sales of stocks and other securities
OthersOperating expenses
Interest expenses
Interest on deposits
Interest on negotiable certificates of deposit
Interest on call money and bills soldInterest on deposits for bonds lending transaction
Interest on borrowed money
Other interest expenses
Fees and commissions
Other business expenses
General and administrative expenses
Other operating expenses
Provision for reserve for possible loan losses
Write-off amount of loans
Losses on sales of stocks
Write-off amount of stocks
Losses on sales of loans
Other expenses or losses
Operating profit
Special gains
Gains on dispositions of fixed assets
Special losses
Losses on dispositions of fixed assets
Impairment losses
Losses on advanced depreciation of fixed assets
Net profit before income taxes
Corporate, inhabitant, business taxes
Corporate tax adjustments, etc.
Total corporate taxes, etc.
Income before minority interests
Net profit(Note) Figures are rounded down to the nearest million.

2(Millions of yen)

FY 2011
101,268
72,83462,709
9,497
242
266
118
17,616
6,114
4,702
1,071
2,212
1,418
84,067
7,570
3,869
243
0
3
3,443
9
5,753
93
62,424
8,225
2,542
3,221
963
670
338
489
17,201
7
7
202
194
8
−
17,005
216
(381)
(164)
17,17017,170FY 2012
98,38969,04959,634
8,846
305
146
117
19,049
6,496
3,793
1,358
364
2,070
79,692
6,508
2,895
171
3
14
3,413
10
5,762
102
58,156
9,162
3,749
2,940
1,489
113
302
567
18,697
222
222
530
276
177
76
18,389
1,770
1,214
2,984
15,405
15,405

(2)Consolidated Statements of Comprehensive Income
Item
Income before minority interests
Other comprehensive income
Net unrealized valuation gains (losses) on other securities(available for sale securities)

Gains (losses) on deferred hedges
Comprehensive income
Comprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests(Note) Figures are rounded down to the nearest million.

3

FY 2011
17,1706,026

FY 2012
15,405
12,837

6,026

12,969−23,19723,197−(132)
28,242
28,242−

3. Consolidated Statement of Shareholders’ Equity【Ashikaga Holdings Co., Ltd.】
Item
Shareholders’ equity(Millions of Yen)

FY 2012(ended March 31, 2013)

Capital stock
Balance at the beginning of the period
Changes of items during the period
Total changes of items during the period
Balance at the end of the period
Capital surplus
Balance at the beginning of the period
Changes of items during the period
Total changes of items during the period
Balance at the end of the period
Retained earnings
Balance at the beginning of the period
Changes of items during the period
Dividends from surplus
Net profit
Total changes of items during the period
Balance at the end of the period
Total shareholders’ equity
Balance at the beginning of the period
Changes of items during the period
Dividends from surplus
Net profit
Total changes of items during the period
Balance at the end of the period
Accumulated other comprehensive income
Net unrealized valuation gains (losses) on other securities(available for sale securities)
Balance at the beginning of the period
Changes of items during the period
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of the period
Gains (losses) on deferred hedges
Balance at the beginning of the period
Changes of items during the period
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of the period
Total accumulated other comprehensive income
Balance at the beginning of the period
Changes of items during the period
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of the period
Total net assets
Balance at the beginning of the period
Changes of items during the period
Dividends from surplus
Net profit
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of the period(Note) Figures are rounded down to the nearest million.

4105,010−105,010
95,780−95,78046,995(5,670)15,405
9,735
56,730247,785(5,670)15,405
9,735
257,521

8,984
12,96912,96921,954
−
(132)
(132)
(132)
8,984
12,837
12,837
21,822
256,770(5,670)15,405
12,837
22,572
279,343

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

【Ashikaga Holdings Co., Ltd.】Cash flows from operating activities
Net profit before income taxes
Depreciation
Impairment losses
Amortization of goodwill
Increase (decrease) in reserve for loan losses
Increase (decrease) in reserve for directors' bonuses
Increase (decrease) in reserve for employee retirement benefits
Increase (decrease) in reserve for directors' retirement benefits
Increase (decrease) in reserve for reimbursement of deposits
Increase (decrease) in reserve for contingent losses
Increase (decrease) in reserve for credit card rewards points
Increase (decrease) in reserve for losses on disaster
Interest income
Interest expenses
Losses (gains) on securities
Losses (gains) on foreign exchange
Losses (gains) on dispositions of fixed assets
Losses on advanced depreciation of fixed assets
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 borrowed money)

Net decrease (increase) in due from banks (excluding due from the Bank of Japan)

Net decrease (increase) in call loans and bills purchased
Net decrease (increase) in trading securities
Net increase (decrease) in collateral deposits received for securities lending

Net decrease (increase) in foreign exchanges (assets)
Net increase (decrease) in foreign exchanges (liabilities)
Interest received
Interest paid
Other, net
Subtotal
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchases of securities
Proceeds from sales of securities
Proceeds from redemption of securities
Purchases of tangible fixed assets
Proceeds from sales of tangible fixed assets
Purchases of intangible fixed assets
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Dividends paid
Repayment of lease liabilities
Net cash provided by (used in) financing activities
Effect of exchange rate cahnges on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of the period

5

FY ended
Mar 31, 2012

FY ended
Mar 31, 2013

17,005
4,926
8
6,202
(6,578)
2
447
45
90
(22)
15
(347)
(72,834)
7,570(3,218)315
186−(167,920)
175,799
32,795(67,589)
1,972(55,493)314(19,700)
558(27)
73,205(9,162)(1,608)(83,042)(547)(83,589)

18,389
3,814
177
6,202
(5,479)(16)(14,787)
34
78
63
(6)
(99)
(69,049)
6,508(1,662)(1,500)5476(133,424)
88,495
11,013(99,943)(35,496)
56,149(1,033)
71,951(1,786)
114
71,311(9,760)5,411(34,203)(266)(34,470)(565,369)
207,987
501,712(1,117)
12(3,974)(137)
139,114(444,920)
205,402275,964(1,870)
709
(412)
78
34,952(5,670)(9)(5,679)(4)
49,840110,390
160,230(5,670)(10)(5,680)28(5,170)160,230
155,060

5. Non-consolidated Balance Sheets【The Ashikaga Bank, Ltd.】
Item
AssetsCash and due from banks
Cash
Due from banks
Call loans
Commercial paper and other debt purchased
Trading securities
Japanese government bonds
Local government bonds
Government guaranteed bonds
Securities
Japanese 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
Variation margins of future markets
Derivatives
OthersTangible fixed assets
Buildings
Land
Lease assets
Construction in progress
Other tangible fixed assets
Intangible fixed assets
Software
Other intangible fixed assets
Deferred tax assets
Customer liabilities for acceptances and guarantees
Reserve for possible loan losses
Total Assets

6(Millions of yen）
As of March 31, 2012

As of March 31, 2013

167,541
43,838
123,703
185,694
8,395
3,230
2,795
332
101
1,231,459
363,322414,503343,241
67,48342,9083,641,006
31,701
202,4313,052,809
354,064
5,664
5,525
119
20
22,120
4
96
5,952
0
3,760
12,30525,9607,567
13,471
18
6
4,896
7,396
6,862
533
8,874
19,167(44,750)
5,281,761

197,868
47,335150,533
129,460
8,664
4,288
3,816
424
46
1,215,856
439,698
311,644286,841
80,00597,666
3,775,220
29,036
191,3123,196,157
358,715
7,451
7,362
81
8
17,803
13
65
5,373
4
1,916
10,43025,0637,610
13,467
18
54
3,913
5,991
5,457
533
3,025
17,274(38,985)
5,368,984

(Millions of yen）

Item
Liabilities
Deposits
Current deposits
Ordinary deposits
Savings deposits
Deposits at noticeTime deposits
Installment savings
Other deposits
Negotiable certificates of deposit
Collateral deposits received for securities lending
Borrowed money
Borrowings from other banks
Foreign Exchanges
Foreign bills sold
Foreign bills payable
Other liabilities
Domestic exchange settlement account, credit
Income taxes payable
Accrued expenses
Unearned income
Reserve for interest on installment savings
Derivatives
Lease liabilities
Asset retirement obligations
OthersReserve for directors’ bonuses
Reserve for employee retirement benefits
Reserve for directors’ retirement benefits

Reserve for reimbursement of deposits
Reserve for contingent losses
Reserve for credit card rewards points
Reserve for losses on disaster
Acceptances and guarantees
Total liabilities
Net Assets
Capital stock
Retained earnings
Earned surplus reserve
Other earned surplus
Earned surplus brought forward
Total shareholders’ equity
Net unrealized valuation gains (losses) on other securities(available for sale securities)

Gains (losses) on deferred hedges
Total valuation and translation adjustments, etc.
Total net assets
Total liabilities and net assets(Note) Figures are rounded down to the nearest million.

7

As of March 31, 2012

As of March 31, 2013

4,686,264
166,492
2,471,996
66,604
10,013
1,805,350
15,450150,355
169,914−141,647
141,647435
298
137
25,388
4,254
262
9,796
1,107
9
2,815
19
493
6,628
43
15,389
135
1,440
263
44
170
19,1675,060,304

4,782,156
167,430
2,598,544
69,337
10,7501,769,911
14,717
151,464
180,927
71,951
41,70441,704550
362
187
27,355
5,417
1,160
7,914
1,015
6
1,454
19
527
9,838
27
1,260
130
1,518
326
37
70
17,2745,125,291

135,000
73,404
6,434
66,96966,969208,404

135,000
83,302
9,383
73,91973,919218,302

13,052

25,522−
13,052
221,457
5,281,761(132)
25,390243,693
5,368,984

6. Non-consolidated Statements of Income【The Ashikaga Bank, Ltd.】
Item(Millions of yen)

FY 2011

Operating income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Interest on call loans
Interest on deposits with other banks
Other interest income
Fees and commissions
Fees and commissions on domestic and foreign exchanges
Other fees and commissions
Other business income
Gains on foreign exchange transactions
Gains on sales of trading securities
Gains on sales of bonds
Gains on redemption of bonds
Income from derivatives
OthersOther operating income
Recoveries of written-off claims
Gains on sales of stocks and other securities
OthersOperating expenses
Interest expenses
Interest on deposits
Interest on negotiable certificates of deposit
Interest on call money
Interest on deposits for bonds lending transaction
Interest on borrowed money
Other interest expenses
Fees and commissions
Fees and commissions on domestic and foreign exchanges
Other fees and commissions
General and administrative expenses
Other operating expenses
Provision for reserve for possible loan losses
Write-off amount of loans
Losses on sales of stocks
Write-off amount of stocks
Losses on sales of loans
Other expenses or losses
Operating profit
Special gains
Gains on dispositions of fixed assets
Special losses
Losses on dispositions of fixed assets
Impairment losses
Losses on advanced depreciation of fixed assets
Net profit before income taxes
Corporate, inhabitant, business taxes
Corporate tax adjustments, etc.
Corporate taxes, etc.
Net profit(Note) Figures are rounded down to the nearest million.

896,45069,61359,665
9,327
242
265
111
16,472
4,781
11,690
5,803
511
27
4,957
27
280
0
4,561
1,064
2,150
1,346
70,860
4,224
3,883
243
0
3
89
3
5,819
901
4,918
54,993
5,823
1,749
3,110
0
414
95
453
25,589
7
7
202
194
8
−
25,394
83
(156)
(72)
25,467FY 201294,36565,95956,648
8,749
305
146
108
17,968
4,797
13,170
6,185
471
37
5,625
−
50
0
4,253
1,351
800
2,102
67,479
3,177
2,909
171
3
14
73
4
5,836
863
4,972
50,542
7,923
2,878
2,786
1,429
160
146
521
26,886
120
120
322
246
−
76
26,684
1,074
965
2,040
24,644

7. Non-consolidated Statement of Shareholders’ Equity【The Ashikaga Bank., Ltd.】
Item

Stockholders’ equity
Capital stock
Balance at the beginning of the period
Changes of items during the period
Total changes of items during the period
Balance at the end of the period
Retained earnings
Earned surplus reserve
Balance at the beginning of the period
Changes of items during the period
Dividends from surplus
Total changes of items during the period
Balance at the end of the period
Other earned surplus
Earned surplus brought forward
Balance at the beginning of the period
Changes of items during the period
Dividends from surplus
Net profit
Total changes of items during the period
Balance at the end of the period
Total retained earnings
Balance at the beginning of the period
Changes of items during the period
Dividends from surplus
Net profit
Total changes of items during the period
Balance at the end of the period
Total shareholders’ equity
Balance at the beginning of the period
Changes of items during the period
Dividends from surplus
Net profit
Total changes of items during the period
Balance at the end of the period
Valuation and translation adjustments
Net unrealized valuation gains (losses) on other securities (available for salesecurities)
Balance at the beginning of the period
Changes of items during the period
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of the period(Millions of Yen)
FY 2012 (ended March 31, 2013)

135,000−
135,000

6,434
2,949
2,949
9,383

66,969(17,694)
24,644
6,949
73,91973,404(14,745)
24,644
9,898
83,302
208,404(14,745)
24,644
9,898
218,302

13,052
12,46912,46925,522

Gains (losses) on deferred hedges
Balance at the beginning of the period
Changes of items during the period−

Net changes of items other than shareholders’ equity(132)

Total changes of items during the period
Balance at the end of the period
Total valuation and translation adjustments
Balance at the beginning of the period
Changes of items during the period
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of the period
Total net assets
Balance at the beginning of the period
Changes of items during the period
Dividends from surplus
Net profit
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of the period(Note) Figures are rounded down to the nearest million.

(132)
(132)
13,052
12,337
12,33725,390221,457(14,745)
24,644
12,337
22,235
243,6939

Ⅱ Financial Data for Fiscal 2012（ended March 31, 2013）
1. Income Status【The Ashikaga Bank, Ltd. (Non-Consolidated basis）】
Item
Gross business profit
Domestic gross business profit
Core gross business profit
Net interest income
Net fees and commissions
Net trading income
Net other business income
International gross business profit
Core gross business profit
Net interest income
Net fees and commissions
Net trading income
Net other business income
Expenses
Personnel expenses
Non-personnel expenses
Taxes
Net business income (before provision for general reserve forpossible loan losses)
Gains (losses) on bonds
Provision for general reserve for possible loan losses
Net business income (after provision for general reserve forpossible loan losses)
Net non-recurrent gains (losses)
Gains (losses) on stocks
Disposal of non-performing loans
Write-off amount of loans
Provision for specific reserve for possible loan losses
Losses on sales of loans
Provision for reserve for contingent losses
Others
Reversal of reserve for possible loan losses
Recoveries of written-off claims
Operating profit
Net special gains (losses)
Net gains (losses) from fixed assets
Gains on dispositions of fixed assets
Losses on dispositions of fixed assets
Impairment losses
Losses on advanced depreciation of fixed assets
Net profit before income taxes
Corporate, inhabitant, business taxes
Corporate tax adjustments, etc.
Net profit

10(Millions of yen)

FY 2012(A)
81,09879,97074,34562,215
12,032(A)-(B)(745)(769)(1,492)(2,816)
1,483

FY 2011(B)
81,84480,74075,83865,032
10,548

−
5,723
1,127
1,127
566
99
−
461
49,73627,217
20,255
2,263

−
563
23
105
209
(3)
−
(182)
(4,391)
1,442(5,469)
(364)

−
5,159
1,103
1,022
356
103
−
644
54,127
25,77525,724
2,627

31,362

3,645

27,717

5,625(8,711)

640(6,118)4,984(2,593)40,073

9,763

30,310(13,186)(789)
14,5782,786
11,589
146
63
(8)
−

(8,466)(2,526)
7,052
(323)
7,246
51
86
(8)
−

(4,720)
1,736
7,525
3,110
4,342
95
(22)
−
−

1,351
26,886
(201)
(125)
120
246
−
76
26,684
1,074
965
24,644

286
1,296
(6)
61
113
51
(8)
76
1,290
990
1,122
(823)

1,064
25,589
(195)
(186)
7
194
8
−
25,39483(156)
25,467Reference (Credit related costs)【The Ashikaga Bank, Ltd.(Non-consolidated basis)】
Item
Provision for general reserve for possible loan losses①
Disposal of non-performing loans②
Write-off amount of loans
Provision for specific reserve for possible loan losses
Losses on sales of loans
Provision for reserve for contingent losses
Others
Reversal of reserve for possible loan losses③
Reversal of general reserve for possible loan losses
Reversal of specific reserve for possible loan losses
Recovery of written-off claims④
Total ①＋②−③−④(Millions of yen)

FY 2012(A)(8,711)
14,5782,786
11,589
146
63
(8)
−
−
−
1,351
4,516

Reference（Consolidated Income Status）【Ashikaga Holdings Co., Ltd.】(A)-(B)(6,118)
7,052
(323)
7,246
51
86
(8)
−
−
−
286
647

FY 2011(B)(2,593)
7,525
3,110
4,342
95
(22)
−
−
−
−
1,064
3,868

(Millions of yen)

Item
Consolidated gross business profit
Net interest income
Net fees and commissions
Net trading income
Net other business income
General and administrative expenses
Write-off and reserve expenses of loans①
Reversal of reserve for possible loan losses②
Recovery of written-off claims③
Gains (losses) on stocks
Equity in gains (losses) of affiliated companies
OthersOperating Profit
Special gains (losses)
Net profit before income taxes
Corporate, inhabitant, business taxes
Corporate tax adjustments, etc.
Income before minority interests
Minority interests
Net profit

FY 2012(A)
82,22262,541
13,286−
6,393
58,156
7,046
−
1,358
(1,238)−
1,558
18,697(307)
18,3891,770
1,214
15,405−
15,405(A)-(B)(926)(2,722)
1,423−
372(4,268)967−
286(1,816)
−
652
1,496
(112)
1,384
1,553
1,595
(1,764)−(1,764)

FY 2011(B)
83,14865,263
11,863−
6,021
62,424
6,078
−
1,071
578
−
905
17,201(195)
17,005216(381)
17,170−17,170(Note) Consolidated gross business profit=(Interest income-Interest expenses)+(Fees and commissions income-Fees andcommissions expenses)+(Trading income-Trading expenses)+(Other business income-Other business expenses)

5,687

Credit related costs (①−②−③)

Reference（Number of Consolidated Subsidiaries）【Ashikaga Holdings Co., Ltd.】
Item
Number of consolidated subsidiaries
Number of affiliated companies applicable to the equity method

FY 2012
(A)
4
−

680

5,006

(A)-(B)(3)−

FY 2011(B)
7−(Note) Three subsidiaries, (Ashigin Business Service Co., Ltd, Ashigin System Kaihatsu Co., Ltd and Ashigin research Institute Co.,
Ltd.) were merged into one subsidiary (Ashigin Research Institute Co., Ltd.) on October 1, 2012. And another subsidiary,
Ashigin Business Support Co., Ltd, which had already transferred its function to The Ashikaga Bank, Ltd, ceased doing
business on Jun 30, 2012 and duly completed its liquidation on October 2, 2012.

11

2. Net Business Income【The Ashikaga Bank, Ltd. (Non-consolidated basis）】
Item
Net business income (before provision for reserve for possible loan losses)

Per head (in thousands of yen)
Net business income
Per head (in thousands of yen)

(Millions of yen)

FY 2012(A)
31,362
10,00340,073
12,782(A)-(B)
3,645
(197)
9,763
1,626

FY 2011(B)
27,717
10,20130,310
11,155

3. Interest Rate Spread【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item (Whole bank operations)Average yield on interest earning assets①
Average yield on loans and bills discounted
Average yield on securities
Average yield on interest bearing liabilities②
Average yield on deposits and negotiable certificates of deposit

Average yield on call money and borrowed money
Average interest rate spread①−②（％)

FY 2012
(A)
1.30
1.56
0.75
1.07
0.06
0.10
0.23

(A)-(B)(0.10)(0.16)(0.03)(0.14)(0.02)
0.00
0.04

FY 2011
(B)
1.40
1.72
0.78
1.21
0.08
0.10
0.19
（％)

Item (Domestic operations)Average yield on interest earning assets①
Average yield on loans and bills discounted
Average yield on securities
Average yield on interest bearing liabilities②
Average yield on deposits and negotiable certificates of deposit

Average interest rate spread①−②

FY 2012
(A)
1.30
1.56
0.74
1.05
0.06
0.25

(A)-(B)(0.10)(0.16)(0.03)(0.14)(0.02)
0.04

FY 2011
(B)
1.40
1.72
0.77
1.19
0.08
0.21

4. Gains and Losses on Securities【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item
Gains (losses) on bonds（Japanese government bonds, etc.）
Gains on sales
Gains on redemption
Losses on sales
Losses on redemption
Write-offs
Gains (losses) on stocks
Gains on sales
Losses on sales
Write-offs

12(Millions of yen)

FY 2012
(A)
5,625
5,625
−
−
−
−

(A)-(B)
640
667
(27)
−
−
−

FY 2011
(B)
4,984
4,957
27
−
−
−

(789)
800
1,429
160

(2,526)(1,350)
1,429
(253)

1,736
2,150
0
414

5. Capital Adequacy Ratio（Domestic standard）【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item

As of Mar 31,
2013

(A)
Capital adequacy ratio
Tier 1 Capital ①
Tier 2 Capital ②
General reserve for loan losses
qualified as capital
Deductions ③
Capital ①＋②−③
Risk assets(Millions of yen)

(A-B)

(A-C)

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

8.36％
203,557
16,438(0.47%)(5,584)
521

0.04%
9,898
713

8.83%
209,141
15,917

8.32%
193,658
15,725

16,438521

713

15,917

15,725−219,996
2,630,228−(5,062)
83,496−
10,612
114,190−
225,058
2,546,731−
209,383
2,516,038【Ashikaga Holdings Co., Ltd. (Consolidated basis)】
Item

(A)
Capital adequacy ratio
Tier 1 Capital ①
Tier 2 Capital ②
General reserve for loan losses
qualified as capital
Subordinated debts(Portion of subordinated debts not
qualified as capital)
Deductions ③
Capital ①＋②−③
Risk assets(Millions of yen)

As of Mar 31,
2013

(A-B)

(A-C)

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

9.70%
157,264
96,290(0.25%)
1,417
522

0.23%
15,937712

9.95%
155,846
95,7679.47%
141,326
95,57816,290522

712

15,767

15,57880,000−−80,00080,000

−

−

−

−

−

567
252,987
2,606,495

(10)
1,951
83,653(101)
16,752
113,991577
251,0362,522,842

669
236,235
2,492,504

FY 2012(A)
13.48(A)-(B)
0.36

FY 2011
(B)
13.12

17.23
10.59

2.88
(1.47)

14.35
12.06

6. Return on Equity【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item
Net business income basis (before provision for general reservefor possible loan losses)
Net business income basis
Net profit basis(%)*A denominator (Net average assets) is calculated as follows: (Net assets at the beginning of the period excludes
subscription rights to shares + Net assets at the end of the period excludes subscription rights to shares)/213

Ⅲ Status of Loans
1. Risk-monitored Loans【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(1)Risk-monitored loans
Item

(A)
Loans to bankrupt borrowers
Non-accrual delinquent loans
Loans past due 3 month or more
Restructured loans
Total risk-monitored loans(Reference)Amount of partial direct write-off
executed
Total loans(Millions of yen)

As of Mar 31,
2013

(A-B)

(A-C)

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

3,265
87,391
5
31,745
122,407(1,637)
4,463
5
268
3,099

(394)
2,560
5
(1,868)303

4,902
82,928−31,477
119,307

3,659
84,831−
33,613
122,104

12,484(2,120)(4,792)

14,605

17,276

3,775,220

89,565

134,2143,685,655

3,641,006

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

(2)Ratio of Risk-monitored loans to total loans
Item

(%)

As of Mar 31,
2013

(A)
Loans to bankrupt borrowers
Non-accrual delinquent loans
Loans past due 3 month or more
Restructured loans
Total risk-monitored loans

(A-B)
0.08
2.31
0.00
0.84
3.24

(0.05)
0.06
0.00(0.01)
0.01(A-C)(0.02)(0.01)
0.00(0.08)(0.11)

0.13
2.25
−
0.85
3.23

【Ashikaga Holdings Co., Ltd. (Consolidated basis)】(1)Risk-monitored loans
Item(Reference)Amount of partial direct write-off
executed
Total loans(Millions of yen)

As of Mar 31,
2013

(A)
Loans to bankrupt borrowers
Non-accrual delinquent loans
Loans past due 3 month or more
Restructured loans
Total risk-monitored loans

(A-B)

0.10
2.32
−
0.92
3.35

(A-C)

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

3,386
88,194
5
31,745
123,331(1,633)
4,190
5
268
2,831

(371)
1,740
5
(1,868)
(494)

5,019
84,003−31,477
120,500

3,757
86,454−33,613
123,825

14,250(2,930)(6,081)

17,181

20,331

3,775,974

89,423

133,424

3,686,551

3,642,549

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

(2)Ratio of Risk-monitored loans to total loans
Item

(A)
Loans to bankrupt borrowers
Non-accrual delinquent loans
Loans past due 3 month or more
Restructured loans
Total risk-monitored loans(%)

As of Mar 31,
2013

(A-B)
0.08
2.33
0.00
0.84
3.26

14

(0.05)
0.06
0.00(0.01)
0.00(A-C)(0.02)(0.04)
0.00(0.08)(0.13)

0.13
2.27
−
0.85
3.26

0.10
2.37
−
0.92
3.39

2. Reserve for Possible Loan Losses【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item

(A)
Reserve for possible loan losses
General reserve for possible loan losses
Specific reserve for possible loan losses

Reserve for specific foreign debtors(Millions of yen)

As of Mar 31,
2013

(A-B)

38,985
18,266
20,719−(A-C)(1,662)
(882)
(780)
−

(5,765)(8,711)
2,945−

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

40,647
19,14821,499−【Ashikaga Holdings Co., Ltd. (Consolidated basis)】
Item

General reserve for possible loan losses
Specific reserve for possible loan losses

Reserve for specific foreign debtors(Millions of yen)

As of Mar 31,
2013

(A)
Reserve for possible loan losses(A-B)

43,03919,051
23,987−44,75026,977
17,773−(A-C)(1,178)
(245)
(933)
−

(5,479)(8,104)
2,624−

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

44,21819,29724,920−48,51927,156
21,362−As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

3. Ratio to Reserve for Total Risk-monitored Loans【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item

(%)

As of Mar 31,
2013

(A)

Before partial direct write-off

(A-B)
38.16
31.77

After partial direct write-off(2.88)(1.96)(A-C)(6.31)(4.75)

41.04
33.73

44.47
36.52

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

【Ashikaga Holdings Co., Ltd. (Consolidated basis)】
Item

As of Mar 31,
2013

(A)
Before partial direct write-off
After partial direct write-off

(%)

(A-B)
41.65
34.82

15

(2.74)(1.54)(A-C)(6.09)(4.23)

44.39
36.36

47.74
39.05

4. Loans subject to mandatory disclosure under the Financial Reconstruction
Law【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item

(A)

(A-B)

(A-C)

9,513

(4,787)(1,591)

14,301

11,10581,31431,750122,578
3,706,193
3,828,772

7,589
273
3,075
93,516
96,592

3,732(1,863)
277
148,370
148,648

73,724
31,477
119,5023,612,677
3,732,180

77,582
33,613
122,301
3,557,822
3,680,123

12,484(2,120)(4,792)

14,605

17,276

Bankrupt and substantially bankrupt
claimsDoubtful claims
Claims requiring supervision
Subtotal ①
Normal claims
Total(Millions of yen）
As of Sep As of Mar
30, 2012
31, 2012

As of Mar 31,
2013(Reference) Amount of partial direct
write-off executed(B)【Ashikaga Holdings Co, Ltd. (Consolidated basis)】
Item

(A-B)

(A-C)

10,492(5,102)(2,452)

15,594

12,94481,45631,750123,699
3,708,413
3,832,112

7,596
273
2,768
93,84096,6093,732(1,863)(582)
148,314
147,73173,86031,477
120,9313,614,572
3,735,503

77,72433,613
124,2823,560,098
3,684,381

14,250(2,930)(6,081)

17,181

20,331

Bankrupt and substantially bankrupt
claimsDoubtful claims
Claims requiring supervision
Subtotal
Normal claims
Total(Millions of yen）
As of Sep As of Mar
30, 2012
31, 2012

As of Mar 31,
2013

(A)

(C)

(Reference) Amount of partial direct
write-off executed

(B)

(C)

5. Coverage of loans subject to mandatory disclosure under the Financial
Reconstruction Law【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item
Coverage amount ②
Portion covered by reserve
Portion covered by collateral andguarantees
Reserve for specific debtors（Millions of yen）
As of Sep As of Mar
30, 2012
31, 2012

As of Mar 31,
2013

(A)
87,60023,996

(A-B)
2,580
(428)

(A-C)
6,759
1,381

(B)
85,01924,425(C)
80,841
22,61463,604

3,009

5,377

60,59458,226

−

−

−

−

−

71.46

0.32

5.36

71.14

66.10

(%)

Coverage ratio ②／①

16

6. Loan Portfolio(1) Classification of loans by type of industry【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item
Total
Manufacturing
Agriculture / Forestry
Fishery
Mining / Quarrying of stone / Gravel

Construction
Electricity, gas and water
Telecommunication
Transportation / Postal activities
Wholesale / Retail services
Financial and insurance services
Real estate / Goods rental and leasing

Services
Government / Local government
Others（Millions of yen）
As of Sep As of Mar
30, 2012
31, 2012

As of Mar 31,
2013

(A)

(A-B)

3,775,220
528,864
10,516556
5,286
135,259
23,93942,34999,415396,511
139,933
376,166
274,617487,970
1,253,830

89,565
7,532(1,366)
65
511
2,522
1,463
(52)
4,787
(4,837)
5,016
18,413(23,456)
43,98034,989(A-C)
134,214
4,573(4,334)(5)538(3,427)
3,135
827
1,841
(3,648)30,057
21,222(43,007)
56,09770,346(2) Classification of risk-monitored loans by type of industry【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item
Total
Manufacturing
Agriculture / Forestry
Fishery
Mining / Quarrying of stone / Gravel

Construction
Electricity, gas and water
Telecommunication
Transportation / Postal activities
Wholesale / Retail services
Financial and insurance services
Real estate / Goods rental and leasing

Services
Government / Local government
Others(A-B)

122,40733,463378−
128
11,116
4
1,069
3,447
22,448309
17,42018,932−
13,689

3,099
3,615
(377)
−
71
(6)
0
38
744
2,171
(1,662)(1,604)
(346)
−
454

(A-C)
303
3,247
(450)
−
71
(1,977)(4,001)
218
890
4,896
(1,853)
(254)
(309)
−
(175)

(3) Individual loans【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item
Individual loans
Housing loans
Other loans(A-B)

1,331,860
1,298,509
33,35142,074
43,149(1,075)

3,685,655
521,332
11,882491
4,775
132,737
22,47642,401
94,628401,348
134,917357,753
298,073443,990
1,218,841

3,641,006
524,291
14,850561
4,748
138,686
20,804
41,522
97,574400,159
109,876354,944
317,624
431,873
1,183,484

(B)

(C)

119,307
29,847755−
56
11,122
4
1,030
2,703
20,276
1,971
19,024
19,278−13,235(A-C)
77,95480,154(2,200)(B)(C)

1,289,786
1,255,360
34,426

1,253,906
1,218,355
35,551

As of Sep
30, 2012（%）
As of Mar31, 2012(B)(C)(4) Loans to small-and-medium-sized enterprises【The Ashikaga Bank, Ltd. (Non-consolidated basis)】
Item
Ratio to total loans and bills discounted

As of Mar 31,
2013

(A)

(A-B)
70.10

17

(0.81)

122,104
30,215828−
56
13,093
4,005
850
2,557
17,551
2,163
17,675
19,241−
13,865（Millions of yen）
As of Sep As of Mar
30, 2012
31, 2012

As of Mar 31,
2013

(A)

(C)

（Millions of yen）
As of Sep As of Mar
30, 2012
31, 2012

As of Mar 31,
2013

(A)

(B)

(A-C)
(0.64)

70.91

70.74

7. Loans to Entities Overseas by Country【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(1) Specific overseas loans
Not applicable(2) Loans to Asian Countries(Millions of yen)

Item

As of Mar 31,
2013

(A)
China

(A-B)
282
−
282
−

(Risk-monitored loans included)
Total(Risk-monitored loans included)

(A-C)
49
−
49
−

As of Sep 30,
2012

As of Mar 31,
2012

(B)

(C)

(46)
−
(46)
−

232
−
232
−

328
−
328
−

(3) Loans to Latin American Countries
Not applicable(4) Loans to Russia
Not applicable

8. Balance of Deposits and Loans【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen)

Item

As of Mar 31,
2013

(A)
Deposits
Deposits(Annual or semiannual average)

Loans
Loans
(Annual or semiannual average)(A-B)

As of Mar 31,
2012

(B)

(C)

4,782,156

122,363

95,891

4,659,792

4,686,264

4,621,202

18,711

92,2584,602,490

4,528,944

3,775,220

89,565

134,2143,685,655

3,641,006

3,613,236

39,880159,927

3,573,355

3,453,309

18

(A-C)

As of Sep 30,
2012

Ⅳ Valuation Gains (Losses) on Securities
1. Valuation Standards of Securities
Market value method (Valuation differences are recognized as gains
or losses and stated in statement of income）

Trading purpose securities
Securities held to maturity

Amortized cost method

Other securities (available-for-sale securities)

Market value method (Valuation differences are stated in net assetsof balance sheet)

Stocks of subsidiaries and affiliated companies

Cost accounting method

2. Unrealized Valuation Gains (Losses) on Other Securities (available-for-sale securities)【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen)
As of Mar 31, 2013

As of Sep 30, 2012
Unrealized valuation
gains (losses)

Unrealized valuation gains (losses)(A)
Held-tomaturity

Valuation
gains

Valuation
losses

3,737

7,862

3

(A-B)

(A-C)

7,858

2,714

As of Mar 31, 2012
Unrealized
valuation
gains (losses)

Valuation
gains

Valuation
losses

5,144

5,240

96

4,121

4,130

9

(B)

Valuation
gains

(C)

Valuation
losses

Bonds

7,634

2,429

3,593

7,636

1

5,205

5,205

−

4,041

4,041

−

Others

224

285

144

226

1

(60)

35

96

79

89

9

Other
(available-forsale)

34,96225,494

17,42535,710748

9,467

15,7186,251

17,537

21,9784,441

Stocks23,37516,022

13,282

23,442

66

7,352

8,267

914

10,093

10,648555

Bonds

11,518

4,419

593

11,772

253

7,098

7,380

281

10,925

11,170244

Others

67

5,052

3,549

496

428

(4,984)70

5,054(3,481)

159

3,641

Total

42,82028,20921,162

43,573752

14,611

20,9586,347

21,658

26,1094,451

Stocks23,37516,022

13,282

23,442

66

7,352

8,267

914

10,093

10,648555

Bonds

19,153

6,849

4,186

19,408255

12,304

12,586281

14,966

15,211

244

Others

292

5,337

3,693

722

430

(5,045)

105

5,151

(3,401)

249

3,650

(Note) Stocks in other securities (available-for-sale securities) that have market prices are stated at their average market prices
during the final month of the fiscal year, and bonds and others that have market prices are stated at their fiscal year-end
market prices.

【Ashikaga Holdings Co., Ltd. (Consolidated basis)】
As of Mar 31, 2013
Unrealized valuation gains (losses)(A)
Held-tomaturity

(A-B)

(A-C)

(Millions of yen)

As of Sep 30, 2012
Unrealized valuation
gains (losses)

Valuation
gains

Valuation
losses(B)

Valuation
gains

Valuation
losses

As of Mar 31, 2012
Unrealized
valuation
gains (losses)
Valuation
gains

(C)

Valuation
losses

7,858

2,714

3,737

7,862

3

5,144

5,240

96

4,121

4,130

9

Bonds

7,634

2,429

3,593

7,636

1

5,205

5,205

−

4,041

4,041

−

Others

224

285

144

226

1

(60)

35

96

79

89

9

Other
(available-forsale)

31,36625,77017,76732,607

1,240

5,596

13,292

7,695

13,59918,855

5,255

Stocks

18,592

16,925

14,32019,354

761

1,667

5,814

4,147

4,272

7,445

3,172

Bonds

11,506

4.377

498

11,760

253

7,129

7,409

280

11,008

11,253245

Others

1,266

4,467

2,948

1,492

225

(3,200)67

3,267(1,681)

156

1,838

Total

39,22528,48521,50540,4691,244

10,74018,532

7,792

17,72022,985

5,265

Stocks

18,592

16,925

14,32019,354

761

1,667

5,814

4,147

4,272

7,445

3,172

Bonds

19,141

6,807

4,091

19,397255

12,334

12,615280

15,04915,294245

Others

1,491

4,752

3,093

1,718

227

(3,261)

102

3,363

(1,601)

245

1,847

(Note) Stocks in other securities (available-for-sale securities) that have market prices are carried at their average market prices
during the final month of the fiscal year, and bonds and others that have market prices are carried at their fiscal year-end
market prices.

19

V Employees’ Severance and Retirement Benefits
1. Projected Retirement Benefit Obligation【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen）
As of Mar 31, 2012

As of Mar 31, 2013

Item

(A)

Projected retirement benefit obligation ①(Discount rate for retirement benefit）(Discount rate for pension plan)

(B)

(A-B)
(46,865)
1.0%
1.2%

859
(1.0%)(0.8%)(47,724)
2.0%
2.0%

44,581(1,447)
4,349
618
1,879

14,161(1,447)1,500
15,074945

30,420−2,849(14,455)933(1,260)14,128(15,389)

Fair value of plan assets ②
Unrecognized prior service cost ③
Unrecognized actuarial differences ④
Sub total ①＋②＋③＋④
Prepaid pension expenses
Reserve for employee retirement
benefits【Ashikaga Holdings Co., Ltd. (Consolidated basis)】(Millions of yen）
As of Mar 31, 2012

As of Mar 31, 2013

Item

(A)

Projected retirement benefit obligation ①(Discount rate for retirement benefit）(Discount rate for pension plan)

Fair value of plan assets ②
Unrecognized prior service cost ③
Unrecognized actuarial differences ④
Sub total ①＋②＋③＋④
Prepaid pension expenses
Reserve for employee retirement
benefits

(B)

(A-B)
(47,041)
1.0%
1.2%
44,697(1,448)
4,340
548
1,818

2,568
(1.0%)(0.8%)
13,524(1,448)1,030
15,675887(49,610)2.0%
2.0%
31,173−
3,309(15,126)930(1,269)14,788(16,057)

2. Retirement Benefit Costs【The Ashikaga Bank, Ltd. (Non-consolidated basis)】(Millions of yen）
As of Mar 31, 2012

As of Mar 31, 2013

Item

(A)

(B)

(A-B)

Retirement benefit costs
Service cost
Interest cost

2,361
1,341
872
(621)
(143)
879
33

Expected return on plan assets
Amortization of prior service cost

Recognized actuarial loss
Other retirement cost

(143)
5
(70)
(30)
(143)
75
19

【Ashikaga Holdings Co., Ltd. (Consolidated basis)】
Item(Millions of yen）
As of Mar 31, 2012

As of Mar 31, 2013

(A)

(B)

(A-B)

Retirement benefit costs

2,368

20

2,505
1,336
942
(591)
−
804
13

(342)

2,710