Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2022
(Based on Japanese GAAP)
August 2, 2022
Company name:
The Chukyo Bank, Limited
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

8530
President

URL

https://www.chukyo-bank.co.jp/
Hideo Kobayashi

Inquiries:

Executive Officer and General Manager ,General Planning and Administration

Hisashi Sebayashi

Department
Scheduled date to file Quarterly Securities Report:

August 9, 2022

Scheduled date to commence dividend payments:
Trading accounts:–No

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

Yes
No

TEL

052-249-1613(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2022 (from April 1, 2022 to June 30, 2022)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toOrdinary income
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen%Three months ended June 30, 2022
7,756
17.2
1,573
64.7
1,151 220.6
Three months ended June 30, 2021
6,613 (21.9)
955 311.6
359 107.5
Earnings per share

Diluted earnings per share

Yen
52.90
16.54

Three months ended June 30, 2022
Three months ended June 30, 2021

Yen
52.57
16.45

(2) Consolidated financial position
Total assets

Net assets

Millions of yen
2,307,109
2,348,196

As of June 30, 2022
As of March 31, 2022

Equity ratio

Millions of yen
105,645
108,146%
4.5
4.5

2. Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––Yen
20.00

Yen
–

Yen
35.00

Yen
55.00

141.00–––Year ended March 31, 2022
Year ending March 31, 2023
Year ending March 31, 2023 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)
Percentages indicate year-on-year changes
Profit attributable toOrdinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen%Yen
Six months ending
September 30, 2022
Full year

1,700(22.4)

800

75.0

36.74

4,200(30.8)

2,800(24.9)

128.591

4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2022
(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

Yes
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2022

21,780,058 shares As of March 31, 2022

21,780,058 shares

Number of treasury shares at the end of the period
As of June 30, 2022

5,325 shares As of March 31, 2022

5,150 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2022

21,774,806 shares Three months ended June 30, 2021

221,738,091 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2022

As of June 30, 2022

AssetsCash and due from banks

350,633

285,965

Securities
Loans and bills discounted

405,263
1,549,464

421,538
1,549,528

Foreign exchanges
Other assets

6,589
21,757

4,802
30,771

Tangible fixed assets
Intangible fixed assets

17,802
1,724

17,984
1,646

Retirement benefit asset
Deferred tax assets

3,251
341

3,365
335

2,462
(11,093)2,374(11,204)

2,348,196

2,307,109

1,854,796

1,875,415

Negotiable certificates of deposit
Call money and bills sold

5,310
45,0005,310–

Cash collateral received for securities lent
Borrowed money

9,001
291,500

116,038
162,100

Foreign exchanges
Bonds payable

57
5,000

69
5,000

Other liabilities
Provision for bonuses

22,37453431,821
306

–
122

11
117

Provision for contingent loss
Deferred tax liabilities

562
1,030

599
0

Deferred tax liabilities for land revaluation
Acceptances and guarantees

2,298
2,462

2,298
2,374

2,240,049

2,201,463

31,87931,87924,02938,551

24,02938,941(11)(12)

Total shareholders' equity

94,44894,838Valuation difference on available-for-sale securities

8,110

4,698

Deferred gains or losses on hedges
Revaluation reserve for land

472
4,864

986
4,864

18

13

13,466

10,563

230

244

108,146

105,645

2,348,196

2,307,109

Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
Liabilities
Deposits

Retirement benefit liability
Provision for reimbursement of deposits

Total liabilities
Net assets
Share capital
Capital surplus
Retained earnings
Treasury shares

Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Total net assets
Total liabilities and net assets

3Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)

Ordinary income
Interest income

Three months ended

Three months ended

June 30, 2021

June 30, 2022
6,613
4,915

7,756
4,962

3,434
1,448

3,275
1,581

1,509
81

1,510
856

107
5,658

426
6,182

Interest expenses
Interest on deposits

218
40245
38

Fees and commissions payments
Other ordinary expenses

533
12502
945

4,433
460

3,990
498

Interest on loans and discounts
Interest and dividends on securities
Fees and commissions
Other ordinary income
Other income
Ordinary expenses

General and administrative expenses
Other expensesOrdinary profit

955

1,573

Extraordinary income
Gain on disposal of non-current assets

––

47
47

Extraordinary losses
Loss on disposal of non-current assets

544
000

Impairment losses

544–

Profit before income taxes

410

1,620

Income taxes - current

159

215

Income taxes - deferred(108)252

Total income taxes

50

468

Profit359

1,151

Profit attributable to owners of parent

359

1,151

4

Consolidated statements of comprehensive income (cumulative)(Millions of yen)

ProfitOther comprehensive income

Three months ended

Three months ended

June 30, 2021June 30, 2022
359
1,403

1,151(2,903)

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

1,458
(52)

(3,412)514

Remeasurements of defined benefit plans, net of tax

(2)

(5)

1,762

(1,751)

1,762(1,751)

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent

5