Financial Statements
For the First Quarter Ended June 30,2008

THE JOYO BANK, LTD.

THE JOYO BANK, LTD.

Table of Contents

CONSOLIDATED FINANCIAL INFORMATION
１． Comparison of consolidated balance sheets････････････････････････

１

２． Consolidated statements of income･･･････････････････････････････

２

３． Consolidated statements of cash flows････････････････････････････

３(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.
CONSOLIDATED FINANCIAL INFORMATION
１． Comparison of consolidated balance sheets

AssetsCash and due from banks
Call loans and bills bought
Monetary claims bought
Trading assets
Money held in trust
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investment assets
Other assets
Property, plant and equipment
Intangible assets
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
Borrowed money from trust account
Other liabilities
Provision for retirement benefits
Provision for directors' retirement benefits
Provision for repayment for prescribed deposits
Provision for frequent users services
Provision for losses on interest refunded
Provision for other contingent losses
Reserves under the special laws
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Negative goodwill
Acceptances and guaranteesTotal liabilities
Net assets
Capital stock
Capital surplus
Retained earnings
Treasury stock
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
Minority interests
Total net assets
Total liabilities and net assets

1As of Jun.
30,2008(Millions of yen)
As of Mar.
31,2008

185,70253,98362,15929,5443,427
2,304,788
4,636,197
1,145
31,50469,31092,932
8,132
17,87429,374△38,833△48
7,487,195

136,252
3,88565,725
26,0633,281
2,301,379
4,635,216
1,037―
69,531
122,929
10,50019,33028,363△38,879△48
7,384,570

6,595,811
64,835
106,819
46,904115
71,006255
15,00093
94,937
4,150
631
1,208
93
8
1,347
0
2
14,0382,884
29,374
7,049,517

6,340,119
45,411
162,682
166,230
203
71,445303
15,00017
98,483
4,173
650
1,223
160
8
1,093
―
―
14,061
2,923
28,363
6,952,553

85,11358,574258,425△21,724
380,388
45,587△335
10,78656,0381,251
437,677
7,487,195

85,11358,574
255,255△21,671377,271
43,833△1,13010,81953,521
1,222
432,016
7,384,570

THE JOYO BANK, LTD.
２．Consolidated statements of income(Millions of yen)
1QFY2008(3 months)
46,88634,01523,829
9,616
11
6,206
112
649
5,889
39,878
7,317
4,500
1,659
1,890
19,286
9,723
7,008
698
648
49
94
70
23
0
7,612
1,259
52
25
6,275

Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Trust fees
Fees and commissions
Trading income
Other ordinary income
Other income
Ordinary expenses
Interest expenses
Interest on deposits
Fees and commissions payments
Other ordinary expenses
General and administrative expenses
Other expenses
Ordinary income
Extraordinary income
Recoveries of written-off claims
Other
Extraordinary loss
Loss on disposal of noncurrent assets
Impairment loss
Other
Income before income taxes and minority interests
Income taxes-current
Income taxes-deferred
Minority interests in income
Net income（Reference）(Millions of yen)
1QFY2007(3 months)
Ordinary income
56,600Interest income
37,044
Interest on loans and discounts
22,860Interest and dividends on securities
13,564
Trust fees
9
Fees and commissions
6,881
Trading income
99
Other ordinary income
4,761
Other income
7,804
Ordinary expenses
41,922
Interest expenses
9,685Interest on deposits
3,855
Fees and commissions payments
1,704
Other ordinary expenses
3,286
General and administrative expenses
18,882Other expenses
8,363
Ordinary income
14,678Extraordinary income
851
Recoveries of written-off claims
843
Other
7
Extraordinary loss
559
Loss on disposal of noncurrent assets
38
Impairment loss
36
Transfer to provision for directors' retirement benefits
484
Income before income taxes and minority interests
14,969
Income taxes-current
4,740
Income taxes-deferred893
Minority interests in income38
Net income
9,297

2

THE JOYO BANK, LTD.
３．Consolidated statements of cash flows
June 30,2008(Millions of yen)
Net cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Impairment loss
Amortization 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 repayment for prescribed deposits
Increase (decrease) in provision for point card certificates
Increase (decrease) in provision for other contingent losses
Increase (decrease) in provision for retirement benefits
Gain on fund management
Financing expenses
Loss (gain) related to securities
Loss (gain) on money held in trust
Foreign exchange losses (gains)
Loss (gain) on disposal of noncurrent 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
Net cash provided by (used in) investment activities
Purchase of short-term investment securities
Proceeds from sales of securities
Proceeds from redemption of securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Net cash provided by (used in) investment activities
Net cash provided by (used in) financing activities
Cash dividends paid
Cash dividends paid to minority shareholders
Purchase of treasury stock
Proceeds from sales of treasury stock
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

37,612
1,085
23△39△45△0△18△15△67254△23△34,833
7,317
2,858
△41
△17,99270△3,480△87722△981
255,691
19,423△438△24,889△46,531△55,863△119,325△108△4776
30,366△5,782
5,672
20,562△4,033
16,528△138,085
26,873
123,105△714
16
11,194△3,136△0△75
20△3,191
29
24,560113,725
138,286