Financial Statements
For the Year Ended March.31,2016

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)

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 -As of Mar.31,2015

As of Mar.31,2016

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

442,713
2,000
9,977
5,918
2,736,884
5,869,596
4,241
42,50264,583
94,30033,42352,401
20
324
8,130
9,936
6,217
3,719
－
1,986
14,727△40,659△99,258,701

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

8,088,463
22,68945,560130,247895
174,118886
15,00033,804
13
78,62748
15,475
38
2,354
145
6
1,045
2
31,295
9,526
1,659
14,727
8,666,631

THE JOYO BANK, LTD.
(Millions of yen)

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
Non-controlling interests
Total net assets
Total liabilities and net assets- 2 -As of Mar.31,2015

As of Mar.31,2016

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

85,11358,574
333,964△21,569
456,082
135,031△3,07313,002△10,667
134,293
132
1,562
592,070
9,258,701

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
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent- 3 -For FY2014
For FY2015
ended
ended
Mar.31,2015
Mar.31,2016
156,118
163,31495,952
96,24567,763
66,321
27,45529,208
25
38
287
323
420
353
26
25
26,271
26,514
1,842
2,211
5,240
9,556
26,78628,761
2,892
2,167
23,894
26,593110,388
115,628
5,120
6,577
2,390
2,629
5
21
214
255
271
605
417
358
254
254
1,567
2,452
7,490
6,477
2,263
4,163
72,16170,78423,352
27,625943
2,754
22,40824,87145,73047,685
1,787
86
451
86
1,335
―
1,574
739
553
531
1,020
208
0
―
45,94347,032
12,497
13,9374,517
1,925
17,015
15,862
28,927
31,169247
135
28,68031,034

THE JOYO BANK, LTD.

(Consolidated Statements of Comprehensive Income)For FY2014
ended
Mar.31,2015
ProfitOther 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 non-controlling interests（ Millions of yen）
For FY2015
ended
Mar.31,2016
28,927
31,16976,782
ᇞ32,649
73,489
ᇞ24,888347
ᇞ1,348
1,045
498
1,900
ᇞ6,911
105,710
ᇞ1,479105,438271- 4 -ᇞ1,605125

THE JOYO BANK, LTD.

３．Consolidated Statements of Changes in Net Assets(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
Profit attributable to owners of parent
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

Treasury shares△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

Total
shareholders'equity423,113△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 Non-controlling
Deferred gains
Remeasurements accumulated
Revaluationrightsto shares
interests
or losses onof defined benefit
other
reserve for land
hedgesplans
comprehensive
income86,445△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- 5 -76,19476,194
167,094

33
33
147△1,405△1,4051,437

564
74,821
85,617
601,840

THE JOYO BANK, LTD.

(Millions of yen)

For FY2015 ended Mar.31,2016
Shareholders' equity

Capital stock

Capital surplus

85,11358,574

Balance at beginning of current period
Changes of items during period
Dividends of surplus
Profit attributable to owners of parent
Purchase of treasury shares
Disposal 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

311,093

Total
Treasury shares shareholders'equity△21,619△8,312
31,034△12
161－
85,113－58,57422,871
333,964△28
78

49△21,569

433,160△8,312
31,034△28
65
161
22,921
456,082(Millions of yen)
Accumulated other comprehensive income
Total
Valuation
Subscription Non-controlling
Deferred gains
Remeasurements accumulateddifference on
Revaluationrightsto shares
interests
or losses onof defined benefit
otheravailable-forreserve for land
hedgesplans
comprehensive
sale securities
income159,909△24,878△24,878
135,031△1,725△1,348△1,348△3,073

12,666336
336
13,002△3,756△6,911△6,911△10,667- 6 -167,094△32,801△32,801
134,293

147

△14
△14
132

Total net
assets

1,437

601,840

124
124
1,562

△8,312
31,034△28
65
161△32,691△9,769592,070

THE JOYO BANK, LTD.

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

For FY2014
ended
Mar.31,2015
Cash flows from operating activities
Profit before income taxes
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' bonuses
Inorease (decrease) in asset for retirement benefits
Increase (decrease) in net defined benefit liability
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
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
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 decrease (increase) in lease receivables and investment assets
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 -45,9435,710
1,020△1,335△158△5,150△26
13△1,438
△836
0
170
10
△336
4
△103,319
5,120
1,658
△35,769
102△1,61219△254,630
235,695
15
132,539
11,383△5,024△27,515
37,399△1,045198△2,489△5
102,982△5,367680
134,608△13,624
120,983

For FY2015
ended
Mar.31,2016
47,032
6,173
208
－
△158
△1,106
－
△13
1,438
7,478
△1
189
6
△123
△1
△103,468
6,577△5,95320,018444△918
734△251,576
372,864
12,644△171,269△43,084
14,8891,235△13,147△944
334△3,931△0
103,618△6,756△23,741△30,307△11,713△42,020

THE JOYO BANK, LTD.
(Millions of yen)

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
Cash flows from financing activities
Decrease in subordinated borrowings
Proceeds from issuance of bonds with subscription rights to shares
Purchase of treasury shares
Proceeds from sales of treasury shares
Cash dividends paid
Dividends paid to non-controlling interests
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 -For FY2015
ended
Mar.31,2016△863,354
736,166
287,759△4,665
1,941△2,259△339
155,249△881,587
606,454
233,760△3,482494△1,990－△46,350△5,40030,674△11,8423△6,622△26,810
27283,070
210,363493,433－－△28
7△8,312△1△8,334△13△96,719
493,433
396,713

THE JOYO BANK, LTD.

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

As of Mar.31,2015
AssetsCash and due from banks
Cash
Due from banks
Call loans
Monetary claims bought
Trading assets
Trading account 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

As of Mar.31,2016
442,654
68,700373,954
2,000
9,977
5,918
4,009
1,908
2,739,570
1,044,960
215,769
486,428
248,922743,489
5,912,707
20,744297,908
5,026,664
567,390
4,241
3,700
39
502
36,515
80
514
8,564
160
7,975
4,824
14,39686,52031,01947,818
2,812
324
4,546
9,456
5,918
188
3,349
7,825
14,728△35,715△99,236,391

THE JOYO BANK, LTD.
(Millions of yen)

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
Derivatives other than for trading - liabilities
Cash collateral received for financial instruments
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 -

As of Mar.31,2016

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

8,103,353
155,904
4,922,735
44,7938,672
2,771,525
199,72139,53945,560130,247895
895
164,751
164,751886
819
67
15,00033,80413
50,212
47
6,707
6,629
2,608
1,501
6,871
2,293
3,009
20,545
46
7,355
2,354
112
1,045
36,706
8,846
14,7288,655,459

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

85,11358,57458,574
315,71755,317
260,400
904
217,432
42,064△21,963
437,441
134,985△3,073
11,445
143,357132
580,932
9,236,391

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
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 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 FY2014
For FY2015
ended
ended
Mar.31,2015
Mar.31,2016
133,415
138,712
96,111
96,36067,922
66,43427,42829,187
25
38
287
323
447
376
26
25
22,99422,967
6,264
6,276
16,73016,691
586
767
181
95
405
672
5,218
9,570
967
1,053
4,171
8,376
78
139
0
0
8,478
9,020
2,462
1,809
3,345
5,471
2,670
1,739
93,01095,995
5,062
6,513
2,392
2,631
6
25
214
255
271
605
417
358
254
254
1,310
1,776
195
606
8,533
7,504
1,293
1,307
7,239
6,197
2,263
4,163
1,595
881
668
3,282
71,43069,690
5,720
8,122
1,099
2,796
0
―
467
483
86
97
2,521
3,259
534
711
0
17
1,011
756
40,40442,717

THE JOYO BANK, LTD.
(Millions of yen)

For FY2014
ended
Mar.31,2015
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of non-current assets
Impairment loss
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit

108
108
1,566
546
1,020
38,945
11,154
3,875
15,03023,915- 12 -For FY2015
ended
Mar.31,2016
83
83
737
528
208
42,062
12,532
1,755
14,28827,774

THE JOYO BANK, LTD.
３．Non-Consolidated Statements of Changes in Net Assets(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
ProfitProvision 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 capitalsurplusRetained earnings

Total capitalsurplus

Legal retained
earnings

85,11358,57458,57455,317

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
assets408

207,432408

207,432

451
△48
5,000

402
810

Total retained
earnings

Treasury shares

27,684△748
26,936

290,841△748
290,093△21,699△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

Retained
General reserveearnings
brought forward

5,000
212,432- 13 -△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

THE JOYO BANK, LTD.

(Millions of yen)
Valuation and translation adjustments

Valuationdifference on
available-forsale securities

Deferred gains
or losses onhedges

86,365△2,072

10,404

94,697113

86,365△2,072

10,404

94,697

113

Total valuation
Revaluationand translation
reserve for land
adjustments

Subscription
rights to shares

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

232
74,48280,181
587,07433
33
147(Millions of yen)

For FY2015 ended Mar.31,2016
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
ProfitProvision 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
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
assetsGeneral reserve

Retainedearnings
brought forward

810

212,432

27,547296,107△8,312
27,774△8,312
27,774△107―

13△5,000

―
―

△13
161

△13
161

14,51642,064

19,610315,717

107
△13
5,000

93
904

5,000
217,432

Total retained Treasury sharesearnings

Total
shareholders'equity△22,014417,780△8,312
27,774

△28
79

△28
65
161

51
△21,963

19,661
437,441(Millions of yen)
Total valuation and translation adjustments

Valuationdifference on
available-forsale securities

159,727

Subscription
Deferred gains
Total valuation
Revaluationrightsto shares
or losses on
and translation
reserve for land
hedgesadjustments△1,725

11,144

169,146

147

Total net
assets587,074△8,312
27,774△24,742△24,742
134,985△1,348△1,348△3,073301
301
11,445△25,789△25,789
143,357- 15 -

△14
△14
132

△28
65
161
△25,803△6,142580,932