Financial Statements
For the Year Ended March.31,2014

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.31,2013 As of Mar.31,2014
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
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 directors' bonuses
Provision for retirement benefits
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 -318,396
1,829
27,3362,719
2,651,398
5,108,316
1,844
30,90655,41093,83931,682
55,721
3
711
5,721
8,958
4,691
4,266
2,801
15,731△51,420△35
8,268,033

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

7,344,463
15,45938,466
91,283
160
120,245265
15,00026
82,15749
5,265

7,479,902
10,03071,839105,996141
218,248353
15,00019
62,790
48

―

8,834
39
1,993
127
2
1,505
1
14,352
11,872
1,975
14,5228,019,600

33
1,849
130
6
1,519
1
15,162
11,974
2,133
15,731
7,761,383―

THE JOYO BANK, LTD.
(Millions of yen)

As of Mar.31,2013 As of Mar.31,2014
Net assets
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
286,893△23,299407,28187,047△2,651
12,359―96,754120
2,493
506,649
8,268,033

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

THE JOYO BANK, LTD.

２．Consolidated Statements of Income andComprehensive Income

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

For FY2013
For FY2012
ended
ended
Mar.31,2014
Mar.31,2013
Ordinary income
150,451
159,179
Interest income
98,07095,180Interest on loans and discounts
72,65569,594
Interest and dividends on securities
24,42024,854
Interest on call loans and bills bought
13040Interest on deposits with banks
484
346
Other interest income
379
342
Trust fees
37
25
Fees and commissions
23,912
24,279Trading income
1,089
1,517
Other ordinary income
5,956
7,800
Other income
21,38530,376
Recoveries of written off claims
2,455
2,754
Other
18,93027,621
Ordinary expenses
114,497
117,858
Interest expenses
5,227
4,773
Interest on deposits
3,348
2,579
Interest on negotiable certificates of deposit
64Interest on call money and bills sold91
147
Interest on payables under securities lending transactions
207
278
Interest on borrowings and rediscounts
209265Interest on bonds
253
254
Other interest expenses
1,109
1,243
Fees and commissions payments
7,011
7,136
Other ordinary expenses
973
6,215
General and administrative expenses
71,17672,785
Other expenses
30,10826,947
Provision of allowance for loan losses
6,620
4,045
Other
23,48822,902
Ordinary profit
35,95341,320Extraordinary income
166Gain on disposal of non-current assets
16
6
Extraordinary losses
945
1,159
Loss on disposal of non-current assets
636
561
Impairment loss
308
597
Transfer to reserve for financial products transaction liabilities
0―
Income before income taxes and minority interests
35,024
40,168
Income taxes - current
10,861
12,277
Income taxes - deferred
1,143
2,500
Total income taxes
12,005
14,778
Income before minority interests
23,01825,389Minority interests in income
291
347
Net income
22,72625,042- 3 -THE JOYO BANK, LTD.

(Consolidated Statements of Comprehensive Income)(M illions of yen)

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to minority interests- 4 -For FY2012
For FY2013
ended
ended
Mar.31,2013
Mar.31,2014
23,01825,389△ 17
46,88846,834△ 596
53
579
69,90625,372
69,612294

25,019352

THE JOYO BANK, LTD.

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

For FY2012 ended Mar.31,2013
Shareholders' equity

Capital stock Capital surplus

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

85,11358,574Retainedearnings
275,598

Total
shareholders'equityTreasuryshares△24,913△6,06922,726△5△5,45093―
85,113―58,574

11,295286,893△3,854
18
5,450
1,614
△23,299394,371△6,06922,726△3,85413―
93
12,909407,281(Millions of yen)
Accumulated other comprehensive income
Valuation
Deferred gains
difference onor losses onavailable-forhedges
sale securities
40,214△2,705

Revaluation
reserve forland
12,452

Total
Remeasureme accumulated
other
nts of defined
benefit plans comprehensive
income―49,961

Subscription
rights toshares81

Minority
interests

2,201

Total net
assets446,615△6,06922,726△3,854
13

46,832
46,83287,04753
53△2,651△93△93
12,359

―
―
―

- 5 -

46,793
46,79396,754

39
39
120

291
291
2,493

93
47,12460,033506,649

THE JOYO BANK, LTD.
(Millions of yen)

For FY2013 ended Mar.31,2014
Shareholders' equity

Capital stock Capital surplus

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

85,11358,574Retainedearnings
286,893

Total
shareholders'equityTreasuryshares△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
Valuation
Deferred gains
difference onor losses onavailable-forhedges
sale securities
87,047△601△601
86,445△2,651579
579△2,072

Total
Subscription
Revaluation Remeasurement accumulated
rights toreserve fors of defined
othershareslandbenefit plans comprehensive
income12,359△174△174
12,184―△5,656△5,656△5,656- 6 -96,754△5,853△5,85390,900

120

△6
△6
113

Minority
interests

Total net
assets2,493

506,649

350
350
2,843

△6,73525,042△2,71060―
174△5,510
10,321
516,971

THE JOYO BANK, LTD.

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

For FY2012
ended
Mar.31,2013
Cash flows from operating activities
Income before income taxes and minority interests
Depreciation
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 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
Increase (decrease) in provision 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 -For FY2013
ended
Mar.31,2014

35,024
5,334
308
△ 158
713
△ 275
7
137
△7
△ 221
△4
3
40

40,168
5,841
597
△ 158
△ 4,504
―

5
144
△2
△ 13
△3
△1

―

―
△ 606

△ 104,699△ 101,539

5,227
4,314
△ 27,468
620
1,056
△ 31
△ 2,412△ 155,545
86,606△ 4,392

4,773
95△ 23,567
554
△ 667
△ 18
△ 5,174△ 255,073
135,439△ 5,429

20,936
3,729
7,933
20,904

103,003△ 5,597
7,324
33,37352,394△ 86
27
9104,557△ 6,969
1,732
49,349△ 5,370
43,97814,712△ 407
88△7
102,620△ 5,724△ 7,559
32,686△ 12,453
20,232

THE JOYO BANK, LTD.
(Millions of yen)

For FY2013
ended
Mar.31,2014

For FY2012
ended
Mar.31,2013
Cash flows from investing activities
Purchase of 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
Purchase of intangible assets
Net cash provided by (used in) investing activities
Cash flows from financing activities
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 -△ 712,034△ 794,302

319,994
302,033△ 5,486186△ 2,188△ 97,494

417,373
282,427△ 7,099
154△ 3,751△ 105,198―△ 6,069△2△ 3,854△ 5,000△ 6,735△2△ 2,71013

60△ 9,912△ 14,38625

20△ 63,402△ 99,332

373,098
309,695

309,695
210,363

THE JOYO BANK, LTD.

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

As of Mar.31,2013 As of Mar.31,2014
AssetsCash 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 -318,319
57,669260,649
1,829
27,336
2,719
2,320
―

399
2,644,104
1,402,278
301,379
408,445
203,759
328,241
5,139,973
25,989333,344
4,216,270
564,369
1,844
1,320
22
501
34,294
158
1,183
8,790
160
2,283
4,312
17,40586,224
29,11050,358
2,845
711
3,199
9,027
4,456
555
4,014
4,563
15,731△45,118△35
8,240,814

224,629
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

THE JOYO BANK, LTD.
(Millions of yen)

As of Mar.31,2013 As of Mar.31,2014
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
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
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 -

7,355,391
157,636
4,200,174
47,01624,4922,820,605
105,465
16,55938,466
91,283160
160
115,340
115,340265
226
39
15,00026
61,712
115
7,320
8,095
1,883
1,531
8,704
3,406
30,655
49
4,766
1,849
95
1,519
16,614
10,976
15,731
7,745,810

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
15,00019
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

85,11358,57458,574
280,396
55,317225,079364
202,432
22,282△ 24,066
400,017
86,988△ 2,651
10,52994,866120
495,0048,240,814

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―

THE JOYO BANK, LTD.

２ ． Non-Consolidated Statements of Income(M illions of yen)

For FY2012
For FY2013
ended
ended
Mar.31,2013
Mar.31,2014
Ordinary income
131,163
138,551
Interest income
98,20995,316
Interest on loans and discounts
72,781
69,718Interest and dividends on securities
24,391
24,827
Interest on call loans
13040Interest on deposits with banks
484
346
Other interest income
421
383
Trust fees
37
25
Fees and commissions
21,011
21,251Fees and commissions on domestic and foreign exchanges
6,367
6,294
Other fees and commissions
14,644
14,956
Trading income
283
412
Gains on trading account securities transactions
151
198
Income from trading-related financial derivatives transactions
131
213
Other ordinary income
5,956
7,784
Gains on foreign exchange transactions
710
836
Gains on sales of bonds
4,672
5,600
Gains on redemption of bonds
265
1,053
Income from derivatives other than for trading or hedging
263
294
Other
45
0
Other income
5,664
13,760Recoveries of written off claims
2,102
2,277
Gain on sales of stocks and other securities
1,178
8,946
Other
2,383
2,536
Ordinary expenses
99,437102,713Interest expenses
5,180
4,715
Interest on deposits
3,350
2,582
Interest on negotiable certificates of deposit
74Interest on call money
91
147
Interest on payables under securities lending transactions
207
278
Interest on borrowings and rediscounts
209265Interest on bonds
253
254
Interest on interest swaps
1,016
1,111
Other interest expenses
43
71
Fees and commissions payments
7,848
8,099
Fees and commissions on domestic and foreign exchanges
1,240
1,242
Other fees and commissions
6,608
6,856
Other ordinary expenses
973
6,215
Loss on sales of bonds
489
6,215
Loss on devaluation of bonds
483―
General and administrative expenses
70,42571,909Other expenses
15,008
11,774
Provision of allowance for loan losses
6,857
4,771
Provision for contingent loss―
156
Provision for reimbursement of deposits
409
391
Provision for point card certificates75
98
Written-off of loans
3,810
3,053
Losses on sales of stocks and other securities
1,705
1,458
Losses on devaluation of stocks and other securities
939
5
Other
1,208
1,838
Ordinary profit
31,72635,837- 11 -

THE JOYO BANK, LTD.
(Millions of yen)

For FY2012
ended
Mar.31,2013
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

16
16
850
622
228
30,8919,468
1,044
10,513
20,378- 12 -For FY2013
ended
Mar.31,2014
6
6
691
522
169
35,153
11,0901,990
13,081
22,071

THE JOYO BANK, LTD.

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

For FY2012 ended Mar.31,2013
Shareholders' equity
Capital surplus

Retained earnings

Capital stock

Legal capitalsurplus

Total capitalsurplus85,11358,57458,57455,317―
85,113―58,574―58,574―55,317

Balance at beginning of current period
Changes of items during period
Dividends of surplus
Net income
Provision of reserve for advanced depreciation of
non-current assets
Reversal of reserve for advanced depreciation of
non-current assets
Provision of reserve for special account for advanced
depreciation of non-current assets
Reversal of reserve for special account for advanced
depreciation of non-current 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 retained
earnings(Millions of yen)
Shareholders' equity
Retained earnings
Other retained earnings
Reserve forReserve for
special accountadvanced
for advanced
depreciation ofdepreciation of
non-current
non-current
assetsassets252

50

Generalreserve

198,432

Retainedearnings
brought
forward

Total retained
earnings

17,598271,650△6,06920,378△6,06920,378

116

△116

―

△3

3

―

―

―

50
△4,000――△5△5,64993△5△5,64993

4,684
22,282- 13 -

8,746
280,396

―
△50
4,000

112
364

△50
―

4,000
202,432

Treasuryshares△25,881

Total
shareholders'equity389,455△6,06920,378△3,85419
5,649△3,854
13
―
93

1,814
△24,066

10,561400,017

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

Valuation
Deferred gains
difference onor losses onavailable-forhedges
sale securities

40,141△2,705

Revaluation
reserve forland

Total valuationand translation
adjustments

10,62348,058Subscription
rights tosharesTotal net
assets81

437,596△6,06920,378△3,854
13
46,847
46,847
86,98853
53△2,651△93△93
10,52946,80746,807
94,866

39
39
120

93
46,846
57,408495,004(Millions of yen)

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

Retained earnings

Capital stock

Legal capitalsurplus

Total capitalsurplus85,11358,57458,57455,317―
85,113―58,574―58,574―55,317

Balance at beginning of current period
Changes of items during period
Dividends of surplus
Net income
Provision of reserve for advanced depreciation of
non-current assets
Reversal of reserve for advanced depreciation of
non-current assets
Provision of reserve for special account for advanced
depreciation of non-current assets
Reversal of reserve for special account for advanced
depreciation of non-current 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 retained
earnings

THE JOYO BANK, LTD.
(Millions of yen)
Shareholders' equity
Retained earnings
Other retained earnings
Reserve foradvanceddepreciation of
non-current
assetsReserve for
special accountfor advanced
depreciation of
non-current
assets364―

Retainedearnings
brought
forwardGeneralreserve

202,432

Total retained
earnings

22,282

280,396△6,73522,071△6,73522,071

46

△46

―

△3

3

―

―

―

―
△5,000――△27△4,989124△27△4,989124

5,401
27,684

10,444
290,841

―
―
5,000

43
408

―
―

5,000
207,432

Treasuryshares△24,066△2,71088
4,989△2,710
60
―
124

2,367
△21,699

12,812412,829(Millions of yen)

86,988△2,651

Revaluation
reserve forland

10,529Total valuationand translation
adjustments

94,866

Subscription
rights toshares120

Total net
assets495,004△6,73522,071△2,71060△622△622
86,365579
579△2,072△124△124
10,404△168△168
94,697- 15 -△6△6
113

400,017△6,73522,071

Valuation and translation adjustments

Valuation
Deferred gains
difference onor losses onavailable-forhedges
sale securities

Total
shareholders'equity124△175
12,636507,640