This English version is a translation of the original Japanese document and is only for reference purposes. In the case where
any differences occur between the English version and the original Japanese version, the Japanese version will prevail. The
financial results written in the original Japanese document is not audited by independent auditors.

April 28, 2023

Consolidated Financial Results
for the Fiscal Year Ended March 31, 2023
[under Japanese GAAP]
Company name: Mitsubishi UFJ Securities Holdings Co., Ltd.
URL:
https://www.hd.sc.mufg.jp/
Representative: Makoto Kobayashi, President & CEO
Contact:
Junzou Hashiba, General Manager, Financial Planning Division
TEL: (03) 6213-2550
Scheduled date of General Shareholders’ Meeting:June 28, 2023
Scheduled date to file Securities Report:
June 26, 2023
Supplementary material on financial results: Yes
Financial results presentation meeting:
None(Millions of yen with fractional amounts disregarded)

1.

Consolidated performance for the fiscal year 2022
(from April 1, 2022 to March 31, 2023)(1) Consolidated operating results(Percentages indicate year-on-year changes.)

Operating revenue
Millions of yen

Net operating revenue% Millions of yen

Operating profit

Ordinary profit% Millions of yen

FY2022492,80740.3

352,257

14.3

FY2021

351,282(9.5)

308,126(8.7)% Millions of yen

54,516 136.8
23,020 (63.2)%

84,541

75.8

48,083(40.3)

Profit attributable toowners of parent/equity
Yen
YenMillions of yen%%
44,802 160.3－
FY2022
60.79
6.1
17,211 (56.2)－
FY202123.35
2.4(Note)
Comprehensive income
FY2022: 77,696 million yen 17.5%
FY2021: 66,149 million yen 25.3%(Reference) Equity in earnings (losses) of affiliates
FY2022: 26,498 million yen
FY2021: 16,579 million yen
Profit attributable toowners of parent

Basic earnings
per share

Diluted earnings
per share

Net assets

Equity ratio(2) Consolidated financial position
Total assets

Net assets per share

Millions of yen

Millions of yen%

Yen

As of March 31, 2023

32,459,225

1,040,551

2.3

1,018.81

As of March 31, 2022

31,724,685

1,004,589

2.3

978.79(Reference) Equity
As of March 31, 2023: 750,851 million yen
As of March 31, 2022: 721,351 million yen(Note)“Equity ratio” is computed under the formula shown below:(Total net assets – Share acquisition rights – Non-controlling interests) / Total assets

*Notes(1) Changes in significant subsidiaries during the current period (changes in specified
subsidiaries resulting in the change in scope of consolidation): None
(2) Changes in accounting policies, changes in accounting estimates, and restatement of priorperiod financial statements after error corrections
a. Changes in accounting policies due to revisions to accounting standards and other regulations:Noneb. Changes in accounting policies due to other reasons: Nonec. Changes in accounting estimates: None
d. Restatement of prior period financial statements after error corrections: None
(3) Number of issued shares (common stock)
a.

b.

c.

Total number of issued shares at the end of the period (including treasury stock)
As of March 31, 2023

736,985,496 shares

As of March 31, 2022

736,985,496 shares

Number of shares of treasury stock at the end of the period
As of March 31, 2023

– shares

As of March 31, 2022

– sharesAverage number of shares during the period
Fiscal year ended March 31, 2023

736,985,496 sharesFiscal year ended March 31, 2022

736,985,496 shares<* >This financial results report is not subject to audit.
<* Other special matters>
NoneAttached Material

Index
Consolidated financial statements and primary notes(1) Consolidated balance sheets--------------------

1(2) Consolidated statements of income and Consolidated statements of comprehensive income
Consolidated statements of income--------------------

3

Consolidated statements of comprehensive income--------------------

4(3) Consolidated statements of changes in equity--------------------

5(4) Notes to consolidated financial statements--------------------

6(Notes on premise of going concern)--------------------

6(Segment information)--------------------

6(Per share information)--------------------

8(1) Breakdown by item--------------------

9(2) Breakdown by product--------------------

9

2. Net trading income--------------------

9

Quarterly Trends in Consolidated Statements of Income--------------------

10<Reference>
Consolidated Financial Results for the Fiscal Year Ended March 31, 2023
1. Commission received<Reference>
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. for the Fiscal Year Ended March 31, 2023
(1) Non-consolidated operating results--------------------

11(2) Non-consolidated financial position--------------------

11

Consolidated financial statements and primary notes(1) Consolidated balance sheets(Millions of yen)
As of March 31, 2022
ASSETS
Current assets
Cash and deposits
Segregated deposits
Trading products
Trading securities and other
Derivatives
Trade date accrual
Margin transaction assets
Margin loans
Cash collateral provided for securities borrowed in
margin transactions
Loans secured by securities
Cash collateral provided for securities borrowed
Securities purchased under resale agreements
Short-term guarantee deposits
Short-term loans receivable
Short-term investment securities
Income taxes refund receivable
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Equipment
Construction in progress
Other
Intangible assets
Software
Other
Investments and other assets
Investment securities
Long-term loans receivable
Net defined benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total non-current assets
Total assets- 1 -As of March 31, 2023

2,186,635
1,095,282
12,870,522
7,541,142
5,329,379－
280,345
187,699

2,866,906
1,053,452
11,936,959
4,610,425
7,326,533
81,430295,567
196,669

92,64698,89813,227,301
3,296,406
9,930,895
1,279,259
35,27635,1298,358
146,457
31,164,569

13,954,461
3,549,008
10,405,452
1,350,932
36,811
16,977
12,214
194,427
31,800,140

26,616
13,829
7,284
1
5,501
101,335
76,16425,171
432,162
377,568
3,677
15,76913,60323,272(1,727)560,115
31,724,685

24,316
12,754
6,659
1
4,900
109,163
86,08823,074
525,604
466,144
4,011
15,017
17,56924,571(1,709)659,084
32,459,225

(Millions of yen)
As of March 31, 2022
LIABILITIESCurrent liabilities
Trading products
Trading securities and other
Derivatives
Trade date accrual
Margin transaction liabilities
Margin borrowings

As of March 31, 2023

10,432,788
5,142,024
5,290,764
887,566
155,144
5,608

12,412,654
4,950,647
7,462,006－
167,316
12,501

149,536

154,815

Borrowings secured by securities
Cash collateral received for securities lent
Securities sold under repurchase agreements
Deposits received
Guarantee deposits received
Short-term borrowings
Current portion of bonds payable
Current portion of long-term borrowings
Commercial papers
Income taxes payable
Provision for bonuses
Asset retirement obligations
Other current liabilities
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Deferred tax liabilities
Net defined benefit liability
Provision retirement benefits for directors
Asset retirement obligations
Other non-current liabilities
Total non-current liabilities
Reserves under special laws
Reserve for financial instruments transaction
liabilities

10,702,300
982,7099,719,591
829,984
1,562,584
2,874,370
163,249
98,626
996,708
6,748
33,49895
92,17928,835,844

8,552,144
946,001
7,606,142
784,928
1,683,328
4,451,360
237,356
169,270878,154
6,674
34,17073
131,724
29,509,157

896,801
964,618
865
2,755
7
7,390
7,156
1,879,594

841,706
1,046,074
966
2,622
18
7,364
6,104
1,904,856

4,656

4,659

Total reserves under special laws
Total liabilities
NET ASSETS
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

4,656
30,720,096

4,659
31,418,673

75,518434,441
212,759
722,720

75,518434,441
232,334
742,295

1,045
27(5,433)
2,992(1,368)283,237
1,004,589
31,724,685

933
8
5,373
2,240
8,555
289,700
1,040,551
32,459,225

Cash received for securities sold in margin transactions- 2 -(2) Consolidated statements of income and Consolidated statements of comprehensive income
Consolidated statements of income(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)
Operating revenue
Commission received
Brokerage commission

FY2022(From April 1, 2022
to March 31, 2023)

166,415
26,642

151,850
23,241

Commission for underwriting, secondary distribution andsolicitation for selling and others for professional investors

36,69826,896

Fees for offering, secondary distribution and solicitation for
selling and others for professional investors

26,75018,62876,324
92,63092,232
4351,282
43,156308,126

83,085
182,567
158,3844
492,807
140,549352,257

56,961
118,508
23,62135,55831,361
11,034
8,059
285,106
23,02066,781
119,849
23,367
38,76330,341
10,3098,327
297,741
54,516

2,667
16,5797,258
26,505

5,721
26,4983,202
35,422

697
－
745
1,442
48,083

2,411
2,488
498
5,397
84,541

132
132

1,191
1,191

6
617
14
771
－
1,410
46,80513,027(2,442)
10,58536,22019,00917,211

－
2,222
2
235
286
2,748
82,985
17,956(3,105)
14,851
68,13323,33144,802Other commission received
Net trading income
Financial revenue
Other operating revenue
Total operating revenue
Financial expenses
Net operating revenue
Selling, general and administrative expenses
Trading related expenses
Personnel expenses
Real estate expenses
Office cost
Depreciation
Taxes and dues
Other
Total selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Share of profit of entities accounted for using equity method
Other
Total non-operating income
Non-operating expenses
Loss on sale of investment securities
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on valuation of investment securities
Impairment losses
Provision of reserve for financial instruments transaction liabilities
Business restructuring expenses
Other
Total extraordinary losses
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 -Consolidated statements of comprehensive income(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income(Comprehensive income attributable to)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests- 4 -FY2022(From April 1, 2022
to March 31, 2023)

36,22068,133201(5)29,794(62)
29,92866,14928(18)
10,806(1,253)
9,563
77,69646,922
19,22754,72622,970(3) Consolidated statements of changes in equity
FY2021 (From April 1, 2021 to March 31, 2022)(Millions of yen)
Shareholders’ equity

Share
capitalAccumulated other comprehensive income
Valuationdifference
Totalonshareholders’availableequity
for-salesecurities

Deferred
gains orlosses onhedges

NonTotal
Foreign
Remeasurements accumulated controllingcurrencyinterests
otherof defined benefit
translation
comprehensiveplans
adjustment
incomeTotal net
assetsCapitalsurplusRetainedearnings

434,441

215,565

725,525

Dividends from surplus(20,016)(20,016)(20,016)

Profit attributable to owners of parent

17,211

17,211

17,211

Balance at the beginning of current period

75,5181,085

32(35,227)3,029(31,079)

282,864

977,310

Changes of items during the period

Net changes of items other than shareholders'equity(5)29,794(37)

29,711373

30,084－－(2,805)(2,805)(40)(5)

29,794(37)

29,711373

27,27875,518434,441

212,759

722,7201,045

27(5,433)

2,992(1,368)283,237

1,004,589

Total changes of items during the period
Balance at the end of current period(40)

FY2022 (From April 1, 2022 to March 31, 2023)(Millions of yen)
Shareholders’ equity

Share
capitalAccumulated other comprehensive income
Valuationdifference
Totalonshareholders’availableequity
for-salesecurities

Deferred
gains orlosses onhedges

NonTotal
Foreign
Remeasurements accumulated controllingcurrencyinterests
otherof defined benefit
translation
comprehensiveplans
adjustment
incomeTotal net
assetsCapitalsurplusRetainedearnings

434,441

212,759

722,720

Dividends from surplus(25,227)(25,227)(25,227)

Profit attributable to owners of parent

44,80244,80244,802

Balance at the beginning of current period

75,5181,045

27(5,433)

2,992(1,368)283,237

1,004,589

Changes of items during the period

Net changes of items other than shareholders'equityTotal changes of items during the period
Balance at the end of current period

(111)

(18)

10,806

(751)

9,924

6,463

16,387－－

19,575

19,575

(111)

(18)

10,806

(751)

9,924

6,463

35,96275,518434,441

232,334

742,295

933

8

5,373

2,240

8,555

289,700

1,040,551- 5 -(4) Notes to consolidated financial statements(Notes on premise of going concern)
None(Segment information)
FY2022 (From April 1, 2022 to March 31, 2023)
1. Overview of reportable segments
The Group identifies a reportable segment as a component unit that constitutes a business for which discrete
financial information is available and is regularly reviewed by the Board of Directors to make decisions
about the allocation of resources to the segment and assess its performance.
The Group is engaged in business activities centered on the financial instruments business in many areas andprovides investment and financing-related services. While promoting cooperation among Group companies
under control, the Company, as a holding company, makes decisions about the allocation of resources andassesses the performance of each Group company by type of service.
Therefore, the Group’s segments are distinguished by the type of service and the geographic area, and thus
the following is identified as reportable segments: “Securities Brokerage (Japan),” “Securities Brokerage(Europe)” and “Securities Brokerage (Americas).”“Securities Brokerage” provides customers with broader investment and financing services from both
funding and investment aspects.
Although MUFG Securities Americas Inc. (“MUSA”) was excluded from the Company’s scope of
consolidation on July 1, 2016, the Company continues to identify “Securities Brokerage (Americas)” asreportable segment because it will continue to include MUSA in its internal revenue management. The
Company reconciles the difference between the total amounts in reportable segments and the amount on the
consolidated financial statements by using the “Adjustment.”
2. The calculation method of net operating revenue, profit or loss, assets and other items by reportable segment
Accounting policies for business segment reported are consistent with the accounting policies adopted for the
preparation of consolidated financial statements. Profit or loss of a reportable segment is the amount basedon the profit or loss after applicable taxes. Inter-segment net operating revenue and transfers are based on
actual market prices.

- 6 -3. Information about net operating revenue, profit or loss, assets and other items by reportable segment(Millions of yen)
Adjustment(Note 2)

Amounts on
consolidated
financialstatements(Note 3)

Reportable segment
Securities
Brokerage(Japan)Securities
Brokerage(Europe)Securities
Brokerage(Americas)

Other(Note 1)

Total

Total

Net operating revenue
Net operating revenue from externalcustomers
Inter-segment net operating revenue ortransfers

288,986

72,23059,782421,000(8,942)412,057(59,799)352,257(10,601)(3,233)

5,666(8,168)42,62334,455(34,455)－

Total

278,384

68,99765,449412,832

33,680446,512(94,255)

352,257

Segment profit (loss)

39,231

7,565

(171)

46,62566,896

113,521(68,719)44,802

19,768,672

11,535,374

6,042,089

37,346,136

3,280,411

40,626,548(8,167,322)

32,459,225

Depreciation

23,107

6,426

1,073

30,6071,148

31,755(1,414)30,341

Amortization of goodwill

2,253

－

－

2,253

－

2,253

(175)

2,077

Interest income

－

5,721

－

5,721

0

5,721

－

5,721

Interest expenses

－

－

2,509

2,509

－

2,509

(2,509)－

Share of profit (loss) of entities
accounted for using equity method

－

－

－

－

－

－

26,49826,498

1,191

－

－

1,191

－

1,191

－

1,191

1,191

－

－

1,191

－

1,191

－

1,191
2,748

Segment assets
Other items:

Extraordinary income
Gain on sale of investment
securities

2,760

－

－

2,760

1

2,761

(13)

Impairment losses

2,234

－

－

2,234

1

2,236

(13)

2,222

Taxes

9,954

4,631

(229)

14,356697

15,053(202)

14,851－－－－

412,554412,554(157,720)

254,833

28,961

10,00517

38,984406

39,390(753)

38,636Extraordinary losses

Investment to entities accounted
for using the equity method
Increase in property, plant andequipment and intangible assets(Notes) 1. “Other” includes the holding company of securities companies and others.
2. Adjustment includes the following:（1）Adjustment to net operating revenue from external customers, amounting to (59,799) million yen, is mainly the adjustmentsof net operating revenue from external customers in relation to MUSA, which was excluded from the scope of consolidationof the Company.
（2）Adjustment to segment profit, amounting to (68,719) million yen, is mainly eliminations of inter-segment transactions.
（3）Adjustment to segment assets, amounting to (8,167,322) million yen, includes (3,499,809) million yen of assets in relation
to MUSA., which was excluded from the scope of consolidation of the Company, and (4,647,123) million yen of
eliminations of assets and liabilities between segments.
3. Segment profit is adjusted to be consistent with profit attributable to owners of parent for the fiscal year ended March 31, 2023.

- 7 -(Per share information)
FY2022(From April 1, 2022
to March 31, 2023)
Net assets per share (Yen)

1,018.81

60.79
Basic earnings per share (Yen)(Notes)1. Diluted earnings per share is not presented since there were no potential shares.
(Notes)2. The basis of calculation for basic earnings per share is as follows.
(Millions of yen)
FY2022(From April 1, 2022
to March 31, 2023)
60.79
Basic earnings per share (Yen)Profit attributable to owners of parent
Amounts not attributable to commonshareholders
Profit attributable to owners of parent
related to common stock
Average number of common shares(Thousands of shares)

44,802－44,802736,985(Notes)3. The basis of calculation for net assets per share is as follows.
(Millions of yen)
As of March 31, 2023
Total net assets
Amounts to be deducted from total net assets
Non-controlling interests
Net assets at the end of the period related tocommon stock
Number of common shares outstanding at theend of the period used to calculate net assets
per share (Thousands of shares)- 8 -1,040,551
289,700
289,700
750,851
736,985

Consolidated Financial Results
for the Fiscal Year Ended March 31, 2023
1. Commission received(1) Breakdown by item
(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)

Brokerage commission

FY2022(From April 1, 2022
to March 31, 2023)

Increase(Decrease)

26,642

23,241(3,400)Stocks25,75522,423(3,332)

Bonds

2

1

(0)

36,69826,896(9,802)

10,034
26,663

6,793
20,102(3,241)(6,560)26,75018,628(8,122)

24,344

16,068(8,276)

Commission for underwriting,secondary distribution and solicitation
for selling and others for professional
investors

Stocks
Bonds
Fees for offering, secondary
distribution and solicitation for sellingand others for professional investors

Beneficiary certificates
Other commission received

76,324

83,085

6,760

Beneficiary certificates

22,536

23,681

1,144

166,415

151,850(14,564)

Total(2) Breakdown by product(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)

FY2022(From April 1, 2022
to March 31, 2023)

Increase(Decrease)

Stocks42,15631,324(10,831)

Bonds

31,11425,680(5,434)

Beneficiary certificates

47,60640,396(7,209)Other

45,53854,449

8,910

Total

166,415

151,850(14,564)

２．Net trading income(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)

FY2022(From April 1, 2022
to March 31, 2023)

417(9,883)(10,301)

Bonds and other

92,212

192,450

100,238

Total

92,630

182,567

89,936

Stocks- 9 -Increase(Decrease)Quarterly Trends in Consolidated Statements of Income(Millions of yen)
4Q of FY2021(January 1 toMarch 31, 2022)

Operating revenue
Commission received
Brokerage commission
Stocks
Bonds
Commission for underwriting, secondary
distribution and solicitation for selling and othersfor professional investors

1Q of FY2022(April 1 toJune 30, 2022)

2Q of FY2022(July 1 to
September 30, 2022)

3Q of FY2022(October 1 to
December 31, 2022)

4Q of FY2022(January 1 toMarch 31, 2023)

95,75686,759130,330

198,81076,90637,95930,07035,86545,65440,260

6,583

5,570

5,836

5,392

6,441

6,331

5,344

5,626

5,192

6,260

0

0

1

－

0

6,596

5,974

7,308

5,717

7,896

Stocks

1,443

280

1,207

1,755

3,550

Bonds

5,152

5,693

6,101

3,961

4,345

5,602

4,677

5,530

3,757

4,662

Fees for offering, secondary distribution andsolicitation for selling and others for professional
investors

Beneficiary certificates

4,892

4,329

4,359

3,385

3,992

Other commission received

19,176

13,847

17,19130,787

21,259Beneficiary certificates

5,609

5,898

6,097

5,820

5,864

30,464

27,413

68,589100,201(13,637)

Net trading income from securities (stocks)

44,581(10,825)(56,435)(768)

58,145

Net trading income from bonds and other(14,116)

38,238125,024

100,970(71,782)

27,331

29,27125,87552,95450,283

－

4

0

－

0

Financial expenses

7,405

6,899

46,213

104,653(17,216)

Net operating revenue

88,351

79,86084,116

94,157

94,123

Selling, general and administrative expenses

77,19273,31170,72577,49976,203

Trading related expenses

13,451

13,723

15,484

19,526

18,046

Personnel expenses

36,79731,36328,35429,83330,297

Real estate expenses

5,836

5,878

5,722

5,997

5,767

Office cost

9,453

8,443

9,328

10,271

10,720Depreciation

7,839

7,611

7,621

7,539

7,569

Taxes and dues

1,295

4,329

1,275

3,004

1,700

Other

2,517

1,961

2,937

1,325

2,102

Operating profit

11,1586,548

13,39016,657

17,919Non-operating income

7,221

7,046

9,881

3,956

14,538Non-operating expenses

757

1,122

1,159

2,094

1,020

17,622

12,472

22,112

18,51931,436114

Net trading income

Financial revenue
Other operating revenue

Ordinary profit
Extraordinary income

5

0

123

954

Extraordinary losses

50

520

5

1,491

730

Profit before income taxes

17,578

11,952

22,22917,98230,820

Income taxes-current

3,300

878

4,913

5,937

6,226

Income taxes-deferred

(683)

(845)

95

(1,201)(1,153)

Total income taxes

2,616

33

5,008

4,736

5,072

Profit14,961

11,91817,221

13,24525,747

Profit attributable to non-controlling interests

5,666

3,397

6,966

3,059

9,907

Profit attributable to owners of parent

9,294

8,520

10,254

10,186

15,840- 10 -

Mitsubishi UFJ Morgan Stanley Securities, Co., Ltd.
for the Fiscal Year Ended March 31, 2023
(1) Non-consolidated operating results(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)

Operating revenue
Commission received
Net trading income
Net operating revenue
Operating profit
Ordinary profit
Profit272,042
141,523
100,958
258,098
49,78352,332
36,739FY2022(From April 1, 2022
to March 31, 2023)

291,397
129,389
114,524
261,100
44,263
46,982
36,341

Increase(Decrease)

19,355(12,134)
13,566
3,001(5,520)(5,350)(397)(Breakdown of operating revenue)<Breakdown by item of commission received>(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)

Brokerage commission
Commission for underwriting, secondary
distribution and solicitation for selling andothers for professional investors
Fees for offering, secondary distribution andsolicitation for selling and others for
professional investors

Other commission received
Total

FY2022(From April 1, 2022
to March 31, 2023)

Increase(Decrease)21,122

17,281(3,840)22,317

15,943(6,373)26,75018,628(8,121)

71,333
141,523

77,535
129,3896,201(12,134)<Breakdown by product of commission received>(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)

Stocks
Bonds
Beneficiary certificates
Other
Total

36,366
17,884
46,91840,352
141,523

FY2022(From April 1, 2022
to March 31, 2023)

25,177
16,242
39,671
48,297
129,389

Increase(Decrease)(11,189)(1,642)(7,247)
7,944(12,134)<Net trading income>(Millions of yen)
FY2021(From April 1, 2021
to March 31, 2022)

StocksBonds and otherTotal

17,26083,697
100,958

FY2022(From April 1, 2022
to March 31, 2023)

308
114,216
114,524

Increase(Decrease)(16,952)
30,51813,566(2) Non-consolidated financial position(Millions of yen)
As of March 31, 2022

Total assets
Net assets

18,984,098
420,453- 11 -

As of March 31, 2023

18,748,293
433,572

Increase(Decrease)(235,805)
13,118